Now more than ever, Black VCs deserve to be celebrated – which is why RISE InVC couldn’t have come at a better time. Hosted by Included VC, RISE InVC will take place from January 17 to 19 and will be the first-ever global gathering designed to spotlight and celebrate the work Black VCs have been doing over the years. Venture capitalists from South Africa, Singapore, Australia, France, and the UK will come for three days to meet, connect, and inspire one another. Across the days, Rise InVC will hold a
The Inflation Reduction Act (IRA) is the biggest federal climate deal in history and is great news for Black-owned carbon transformation startup Twelve. According to reports, the IRA contains $500 billion in funding to boost clean energy, reduce healthcare costs, and increase tax revenues. The Act follows negotiations on President Biden’s Build Back Better Act and is welcome news for climate startups like Twelve. “The Inflation Reduction Act, that’s been really amazing. We’re so excited about that,” said Twelve co-founder Ethosa Cave in an interview. “There’s so many provisions in there:
Hack. Diversity’s mission is to shake up the industry, and after receiving a $500,000 grant from The Barr Foundation, they are on the road to achieving this goal. The Barr Foundation’s program expansion According to reports, non-profit organization Hack. Diversity was awarded a two-year $500,000 grant from the Barr Foundation. The grant is a part of the organization’s initiative to advance racial wealth equity and its partnership with Hack. Diversity is a testament to that. The grant will allow Hack. Diversity to expand their program impact and remove the hurdles
Black-owned AI entertainment company tap. is on a mission to change the entertainment business for good. The pre-seed funding round The funding round aims to enhance tap.’s products by introducing more efficient ways for people to come together and connect. In collaboration with productions such as Marvel DC, HBO, and Disney, tap.’s primary goal is to deploy the right machine-learning technology to enhance users’ experiences. “We are excited to grow out network of support around the tap. app through the latest funding round, which will enable us to execute our strategic company
Black Girls In Tech (BGIT) has partnered with Motorway, the UK’s fastest-growing used car marketplace, to promote tech diversity and inclusivity. BGIT is a community for Black women to share their experiences and resources for thriving in the white, male-dominated tech industry. Co-founders Karen Emelu and Valerie Oyiki previously told POCIT that BGIT began as a group chat. Today, BGIT is an international organization providing a community, resources, and opportunities to Black women in tech. Bootcamp to Hiring Pipeline Motorway will be sponsoring BGIT’s first cohort of their free frontend development bootcamp. The bootcamp will run from
A lack of inclusive and welcoming work environments is contributing to poor retention rates among young diverse tech workers, finds a new report by Wiley Edge. In a survey of 2,000 18 to 24-year-old UK tech workers, only 1 in 5 said they liked their company’s culture. Another 1 in 5 felt welcomed by their colleagues. Black respondents were the least—and white respondents the most—likely to say they liked and felt welcome in their company’s culture. When asked why they had ever left or wanted to leave a tech role,
Black-owned startup Suvera has been named one of the world’s most promising digital health companies. The UK-based virtual care platform made CB Insight’s Digital Health 150 – a list of 150 companies transforming healthcare using digital technology. The 150 winners were selected from a pool of over 13,000 companies. What is Suvera? Suvera uses a dedicated remote care team and in-house technology to reduce the workload and waiting times at doctors’ clinics. From tracking blood pressure readings to administering prescriptions, the platform supports people with chronic health conditions like high blood pressure and diabetes.
A Georgia man spent almost a week in jail after Louisiana police wrongly identified him as a fugitive using facial recognition software. Randal Reid, 28, was driving to his mother’s home for Thanksgiving celebrations when local police pulled him over and arrested him, according to local news. Using facial recognition software, the Jefferson Parish Sheriff’s Office (JPSO) had identified Reid as a suspect in a spate of thefts. $10,000 worth of Chanel and Louis Vuitton purses had been stolen. The problem? Reid had never set foot in Louisiana. “They told me
What a year! Many of you who have been following our tech coverage closely have embarked on a journey that has been both stimulating and inspiring. Over the past year, we’ve ventured into a world of immersive technology that has seen a popular AI platform takeover of the internet and new life formed on the metaverse. It is hard to predict what 2023 has in store for the world of technology, but it is bound to be a rollercoaster – so get strapped in! To commemorate the end of this
If you don’t know Nelly Cheboi yet, now is the time to start doing your research. Nelly Cheboi, the founder of Kenyan recycling company, TechLit Africa, has been named CNN’s Hero Of The Year for her revolutionary work across Africa. Who is Nelly Cheboi? Nelly Cheboi, who grew up in a poor rural village in Kenya, redistributes recycled technology to rebuild computer labs in African schools. At a very young age, Cheboi was exposed to the struggles of poverty. Yet, despite having no computer access, Cheboi landed a scholarship to study computer
