Digital news platform UrbanGeekz has unveiled UrbanGeekz 50, its inaugural list of Black disruptors who are leaving a mark on the innovation economy. Presented by Atlanta-based MHR International, the list spotlights gamechangers in tech, venture capital, and entrepreneurship and is set to become an annual tradition. Industry gamechangers The largest category on the list is ‘Community Builders & Ecosystem Warriors,’ showcasing founders and leaders such as those from Goodie Nation, Black Women Talk Tech, and The Gathering Spot. The Venture Capital category brings together familiar names for POCIT readers, such
New York-based fintech startup Comun is redefining the bank experience for Latine immigrant communities in the US and reimaging local banking for the digital world. Founded in 2021 by Andres Santos, CEO, and Abiel Gutierrez, CTO, both of whom experienced financial exclusion upon migrating to the US, Comun has secured $9 million in funding to date. Banking Disparities in the Latine Community The Latine population contributes a staggering $3.2 trillion to the US GDP. This makes it the world’s fifth-largest economy, more than the GDPs of India, the UK, and
Pika, the company redesigning the entire video-making and editing experience with AI, is making its public debut. The launch comes alongside the announcement of its $35 million Series A round led by Lightspeed Venture Partners. “Our vision for Pika is to enable everyone to be the director of their own stories and to bring out the creator in each of us,” stated the company in a blog post. “Today, we reached a milestone that brings us closer to our vision.” An Idea-to-video platform Founded by Demi Guo, CEO, and Chenlin Meng,
Blockchain research and development lab Polytope Labs aims to transform Africans from consumers to creators in the blockchain space. Founded by Nigerian engineers Seun Lanlege and David Salami, Polytope Labs’ first product is Hyperbridge, a cross-chain protocol designed to facilitate secure communication between blockchains. Africa’s Crypto Adoption and Consumption African countries have some of the highest rates of grassroots crypto adoption among everyday people. However, the continent has mostly been a consumer rather than a builder of blockchain technology. Lanlege drew on his experience of helping to build the Ethereum and Polkadot networks to establish Polytope Labs with David
Vanessa Kingori OBE, chief business officer at Condé Nast Britain and Vogue European business advisor, is set to leave the media giant to join Google in 2024. Among her many accolades, the Kenya-born media mogul was the first Black publisher for Condé Nast Britain and the first woman publishing director in British Vogue’s 105-year history. Top role at Google Her new position as Managing Director of Tech, Media, and Telecoms at Google marks a strategic shift for the accomplished executive. She forms part of a trio of female senior executive hires. “We
Apple has agreed to pay $25 million to resolve allegations of illegal discrimination in its hiring and recruitment processes. The Department of Justice (DOJ) accused Apple of violating anti-discrimination laws, specifically related to its permanent labor certification program (PERM), which enables companies to hire foreign workers permanently in the US. The allegations The DOJ investigation found that Apple favored current employees holding temporary visas who sought permanent positions, creating barriers for other applicants. “Apple did not advertise positions Apple sought to fill through the PERM program on its external job
The New York City Economic Development Corporation (NYCEDC) has announced the launch of the Venture Access Alliance. Comprising over 70 investors, the Alliance aims to build a more inclusive tech startup ecosystem in New York City. A more inclusive startup ecosystem New York City is the second largest tech ecosystem in the world. Over 30% of businesses in the city are minority-owned, and there has been a noticeable surge in Black-owned businesses. The Alliance is part of NYCEDC’s broader Venture Access NYC program, which aims to increase diversity in the city’s startup
Every year, on the second Monday in October, the US commemorates Indigenous Peoples’ Day to honor and celebrate Indigenous communities’ rich cultures, traditions, and contributions. Here, we shine a spotlight on some remarkable Indigenous leaders who are pushing the boundaries of tech and inspiring the next generation. 1. Robin Máxkii: Tech Creative And Storyteller Robin Máxkii is a tech creative, filmmaker, writer, and student advocate renowned for her efforts to broaden Indigenous participation in tech and education. Máxkii was raised in Houston, Texas, after living in the Stockbridge-Munsee community in
Wicked Saints, a Black woman-led video game studio, has secured $3.5 million in seed funding. The funding round, co-led by Riot Games and Oregon Venture Fund, brings the studio’s total funding to $4.6 million Jessica Murrey, Wicked Saints’ founder and CEO, also joins the small group of Black women founders who have raised over $1 million. Learning Real-World Skills Through Gaming World Reborn is Gen Z’s take on Pokémon Go, offering a unique blend of storytelling, real-world activism, and location-based play. The studio’s flagship game, “World Reborn,” merges the digital
Ghanaian fintech startup Dash is reportedly closing its doors following a tumultuous journey filled with accusations of financial misconduct. According to WeeTracker, Dash held a company-wide meeting on October 3, during which the news of impending layoffs and the closure of the company was delivered to its employees. The innovative startup, which offered an alternative payment network, had raised over $85 million in under five years from major investors. Early success Founded in 2019 by Prince Boakye Boampong, Dash initially made significant strides in the fintech sector. Boampong was a
