Precious Drews’ personal story is one of perseverance and passion. She’s the second youngest of eight children and first became an entrepreneur in middle school – making YouTube videos for her favorite artists in exchange for easy money. Although she didn’t consider herself an entrepreneur – anyone that hears her story can be quick to identify her as a natural-born leader. She was also the first in her family to go to college and later start her own small business – a natural skin care line that uses recycled coffee
Chicago teenager, Zaire Horton, will be embarking on a solo trip in his motor glider with plans to visit seven HBCUs that were influential in teaching pioneering Black pilots during World War II. By age 14, Horton was learning how to fly a motor glider and by 15 – he was able to soar the skies solo. When he turned 16, he obtained his glider pilot’s license and at 17 Horton expects to receive his private pilot and aeromechanics license before graduating from high school. According to CBS News, the teen pilot started
The Harvard professor and sociologist has spent over a decade conducting research centered on skin tone and the effects of colorism in society. Now Google has just announced in a tweet that together – they’re releasing a new skin tone scale designed to be more inclusive of the full spectrum of skin tones. This is the next step in the firm’s commitment to image equity and improving representation across Its products. According to a press release sent to AfroTech, Google is proudly announcing a new industry standard backed by Dr. Monk’s findings.
Donald Boone, CEO of BoxedUp, an equipment rental company, started the company back in 2019. He would spend hours and even days packaging orders himself with dozens of equipment lying around his family home. Now he runs a three-person company that’s got $2.3M in funding. The 30-something-year-old Maryland native had the realization that in order to make an impact on his community- he needed to find a way to pursue entrepreneurship full time. After a corporate career in engineering, a failed startup, and a career at Amazon, he’s found a
Cryptocurrency has created wealth and opportunity – with a generous dash of controversy – for millions around the globe but for Himanshu Kumar, a college drop-out from the Indian city of Bengaluru, Crypto has been the thing that has made his dreams become a reality. Today he runs AMB Crypto, a global media company that serves digestible, unbiased cryptocurrency news to traders, enthusiasts, and entrepreneurs, with Jeevan Thomas. The duo now employs 15 graduate journalists, has a newsletter with thousands of subscribers, and over 3 million visitors to the website every month, according to
Identitypass today announced that it has raised $2.8 million in seed funding, months after graduating from Y Combinator. The round also comes a few months after the startup raised $360,000 in pre-seed investment last November, bringing its total funding to $3.1 million. The startup, launched in 2021, is focused on making it possible for digital businesses in Africa to easily verify their customers within seconds. It’s a simple compliance and data security platform that allows online businesses to easily verify and confirm a transacting party’s identity using existing forms of identification. Identitypass
StockX has appointed Damien Hooper-Campbell as its first-ever chief impact officer and this is the first time the streetwear resale marketplace has brought diversity and inclusion strategy to the C-suite. The newly created role comes as the streetwear resale marketplace expands its diversity, inclusion, and social impact efforts. A significant component of his work will reportedly include managing how the company thinks about sourcing and hiring and how StockX approaches community partnerships and investments. Hooper-Campbell has over 20 years of experience leading culture, community, and social impact, primarily at companies
This Black Blockchain Engineer Just Raised $3.3M Seed Round For Mueshi, Her Fine Art NFT Marketplace
Ariana Waller — known as Ariana The Techie — is a Miami-based blockchain engineer and the owner and founder of Mueshi, Inc. The company launched to be a marketplace where users will be able to buy, sell, and fractionally invest in fine art NFTs. The 26-year-old has just raised a $3.3 million seed round for Mueshi led by Harlem Capital to establish its place in the industry. Presight VC, CapitalT VC, music luminary and investor, Ted Lucas, Alexandra Wilkis Wilson, Black Venture Capital Consortium, and a cohort of additional strategic angel investors also participated. “I was
Greenwood, the digital banking platform for Black and Latino individuals and business owners, has announced the acquisition of The Gathering Spot, a private membership network focused on the Black community. Greenwood and The Gathering Spot (TGS) share the same mission of supporting financial freedom for minorities through community building, entrepreneurship, group economics, and wealth-building. The combined company has a community of over 1 million people. Together, they will continue to deliver features including community building, personal finance content, and banking services. TGS was launched in 2016. It offers spaces for
The face of female entrepreneurship overall is becoming less white. Black women represent 42% of new women-owned businesses—three times their share of the female population—and 36% of all Black-owned employer businesses. Majority Black women-owned firms grew 67% from 2007 to 2012, compared to 27% for all women, and 50% from 2014 to 2019, representing the highest growth rate of any female demographic during that time frame. But there are deep inequities in access to the financial resources needed to create businesses that become sustainable, which is widely recognized as past the five-year mark which is why
