Skinbrand Topicals has added WNBA star Angel Reese and Nigerian artist Rema as investors in an undisclosed funding round, as the skincare brand navigates a pullback in institutional capital for consumer startups The round reflects a broader shift in how Black-founded consumer brands are financing growth in a more restrictive venture environment. As traditional investors grow more conservative, founders are increasingly treating distribution, cultural reach, and audience trust as strategic inputs alongside cash. Capital, Control, and the Cost of Growth Since launching in 2020, Topicals has raised more than $22.6
Howard University will launch an “Intro to Artificial Intelligence” course in spring 2026, partnering with CodePath and with financial support from the Thurgood Marshall College Fund, according to a press release shared with AfroTech. Howard faculty and CodePath’s faculty network will jointly teach instruction spanning data structures, AI literacy, and agentic workflows, the release said. The program positions applied AI-assisted software development inside a core academic setting rather than treating it as an extracurricular credential. “Our work is rooted in the idea that HBCUs are not only equipping students for
Terra Industries, a Nigeria-based defense technology company, raised an $11.75 million in funding led by Joe Lonsdale’s 8VC [Lonsdale is also co-founder of companies including Palantir Technologies, Addepar, and OpenGov], as it emerged from stealth, according to TechCrunch. The round included Valor Equity Partners, Lux Capital, SV Angel, and Nova Global. Terra previously raised an $800,000 pre-seed round. The company said African investors in the round included Tofino Capital, Kaleo Ventures, and DFS Lab. Terra, founded by CEO Nathan Nwachuku, 22, and CTO Maxwell Maduka, 24, builds autonomous systems to
Google’s Year in Search 2025 data confirms a long-standing reality in the digital economy. Black American culture serves as the primary engine for what the U.S. clicks, buys, and watches. This annual roundup highlights the questions that shaped the cultural zeitgeist, and 2025’s results are characterized by Black-led moments across every major category. Culture The rise of the Philadelphia-rooted “67” phrase—popularized by rapper Skrilla’s track “Doot Doot (6 7)”—highlights how regional Black slang quickly becomes the default language of the internet. Dictionary.com even named “67” its Word of the Year
The US Department of Justice (DOJ) has opened investigations into diversity, equity, and inclusion (DEI) initiatives at several major companies, including Google and Verizon, The Wall Street Journal reports. The DOJ is using the False Claims Act to assess whether companies misrepresented their hiring or promotion practices while receiving federal funds. DOJ Targets DEI Using Fraud Law In a May memo from Deputy Attorney General Todd Blanche instructed prosecutors to investigate and pursue cases against federal funding recipients that knowingly engage in “preferences that create benefits or burdens based on
Barclays is hiring on POCIT. Deborah Barnwell is the inclusion and opportunity partner for UK corporate at Barclays. In this role, she focuses on fostering inclusion and ensuring that all colleagues, regardless of background, feel valued, empowered, and supported in their careers. She also collaborates closely with senior leaders to embed inclusive practices and drive meaningful change by championing initiatives that expand equitable opportunities across the organization. A Journey Shaped By Inclusion “My career journey has been one of continuous growth,” Deborah says. “It’s been shaped by a commitment to inclusion and
Barclays is hiring on POCIT. Oyindamola (Dammy) Lawal, Partnerships Execution Lead for Barclaycard Payments, plays a key role in shaping the strategic collaborations that power Barclays’ expanding payment technology. Working at the intersection of innovation and relationship-building, Lawal’s ultimate goal is to grow the bank’s payments partnerships across the UK and Europe. He spoke with POCIT about building a thriving career at Barclays that leaves the door open for others. Tenacity Meets Opportunity “My journey has been a mix of tenacity and good fortune,” Lawal tells POCIT. “My career with
This article is sponsored by Walmart Business. Black and Hispanic entrepreneurs are reshaping the hospitality industry, from vibrant boutique hotels and dynamic catering services to in-demand short-term rentals. Yet despite their outsized growth (Black-owned accommodation and food businesses jumped 45% between 2020 and 2023 and Latino-owned grew 35%), these founders often pay up to 20% more for bulk supplies and face steeper hurdles from inflation and supply-chain instability. At POCIT, we celebrate and empower these leaders. Here’s how Walmart Business equips Black and Hispanic hospitality founders to protect their time,
