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Kumba Kpakima

Female and Latinx-founded fintech company, Mendoza Ventures, has taken a massive step in its move to invest in underrepresented startups.   Bank of America’s Investment  Mendoza recently achieved a first close on its third $100M fund to further their work to support startups founded by diverse founders.   The fund, led by Bank of America (BofA), included Grasshopper Bank alongside multiple other investors. The anchor funding comes from BofA’s commitment to making capital much more accessible to founders often overlooked by investors.  “Mendoza Ventures is at the forefront of supporting innovation and

From podcast host to launching his own VC fund, Steven Bartlett is gearing up to invest in the development of the next generation.  Steven Bartlett, star of Dragons’ Den and host of the most downloaded podcast in Europe, The Diary of a CEO, has set his sights on a new mission. The entrepreneur has announced the launch of the Flight Story Fund – a $100 million VC fund dedicated to advancing early-stage companies.  Bartlett has spent the past two years working towards the launch of this fund. Over this time, he

A movie about AI, aliens, and social media? Sounds like a must-see!  “Missing” is the latest tech thriller to hit our screens. The film, written and directed by Nick Johnson and Will Merrick, explores the story of June – played by Storm Reid (Euphoria) – who is on a quest to find her mother after her strange disappearance while on vacation in Colombia.  The film, currently out in cinemas, includes a star-studded lineup of talents such as Nia Long – who plays June’s mother – Megan Suri, Ken Leung, Daniel Henney,

The Business of Tech’s Diversity report has revealed that diversity in IT leadership still has a long way to go.  What is The Business of Tech’s report all about?  The report, created by Dave Sobel, examines diversity development in tech leadership. Sobel, the host of The Business of Tech podcast, is a leading expert in delivering technology services. Through his podcast, Sobel discusses uncomfortable topics associated with tech and business – one of which is diversity.  “We love metrics in our industry. We have data and statistics and performance numbers

We love to see history being made!  Sara Hood, teamed up with Edward Madnogorere and Emmanuel Acho – to form the Houston Hyenas team ownership group in the SimWin sports league, making her the first Black woman to own a digital sports team.   Who is Sara Hood? Sara Hood is a venture capitalist and CEO of Sara Belay Inc. Hood can be described as a woman working to create space for Black women in tech, by any means necessary. To date, the tech entrepreneur has sat on the advisory board

The tech industry has a diversity problem. At this point, improving diversity in the tech industry is no longer a moral imperative but a massive key to reducing economic inequality.  What is Capital One’s Make Today initiative?  Capital One is using its new initiative to promote diverse tech talent. The banking platforms hope this will be the first step in creating welcoming tech workplaces by building financial technology products that bring diverse perspectives to data solutions.  The Make Today initiative – which will be led by Kimberly Hall, Vice President of Software

Melanated AI is the platform giving ‘melanated’ creators a prominent place in the AI movement.  From Lensa AI photos going viral on Instagram to Malik Afegbua’s ‘Fashion Show for Seniors’ sparking a debate about computer-generated work replacing human creativity – it is safe to say AI artwork is having a moment right now. Melanated AI’s unique platform is committed to celebrating and promoting the diverse talents of artists of color by creating a safe space for them to sell canvas prints and digital downloads to a global audience.  Founder Aquarius

For the tech industry to achieve true diversity, more children need to see people like themselves in the sector. For many youngsters, media representation has a long-lasting impact on how they see and understand the world of today – which is why representation is so important.  According to a report by Common Sense, approximately 65% of parents say that the media significantly impacts their children’s professional aspirations. To manifest a world where more Black people are entering high-paying careers, tech leaders have decided to use the gift of writing to encourage

The Plug and Omidyar Network have partnered to introduce The Black Tech Effect Report, the first of its kind to measure the social impact of high-growth, Black-led tech companies worldwide.  What is The Black Tech Effect Report?  Traditional analysis platforms have overlooked black tech founders for decades. As a result, the off-the-mark analysis has created a false narrative around the progression of Black-led tech companies.  To redefine how we view Black success, The Plug and Omidyar Network have created a report that measures social impact instead of the ‘number of

The idea of running a business is exciting, but there is no denying that being a startup founder can be an overwhelming experience.  From managing finances to staying on top of social media trends, many business owners wear multiple hats to keep their business functioning.  According to The Plug’s analysis of Census Bureau data, approximately 10% of businesses that employed less than 20 people were forced to close in 2020. Likewise, statistics have shown that 45% of entrepreneurs have reported feeling stressed, which has led to mental health issues such as anxiety or depression. 

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