Waspito, a Cameroonian health startup, has secured a $2.5 million seed extension, helping its growth in Francophone African regions. Waspito Waspito is a health-focused social network that aims to integrate the whole health ecosystem into a single platform. Instead of building a platform involving pre-registration and booking consultation meetings, founder Jean Lobe Lobe opted for one where users could instantly connect with doctors. Lobe founded the startup in 2020, just before the COVID pandemic became a global health emergency, aiming to make healthcare accessible. “Going online to book an appointment
Morgan Stanley Investment Management (MSIM) has announced the close of its Morgan Stanley Next Level Fund, aimed at early-stage tech companies led by underrepresented entrepreneurs. The fund has closed at its target size of $50 million of total capital commitments with investors including Hearst, Microsoft, and Walmart. Morgan Stanley’s Next Level Morgan Stanley’s Next Level is MSIM’s impact-focused private equity business. It makes privately negotiated equity and equity-related venture capital investments in primarily stage tech and tech-enabled companies with women or underrepresented founders as part of the founding team. “We
“The money’s out there, we make it easy to find.” Scholarship app Scholly is the brainchild of Christoper Gray, who won $1.3 million in scholarships after hours of searching in the library. He eventually received scholarships from organizations such as the Bill and Melinda Gates Foundation and the Coca-Cola Scholars Foundation to study finance and entrepreneurship at Drexel University. However, after realizing how broken and time-consuming the scholarship-searching process was, he created Scholly to make things easier for students. Private student lending company Sallie Mae acquired Scholly in August 2023. This
The Southwestern Athletic Conference (SWAC) has announced a new partnership with Google. It aims to highlight Google’s Science, Technology, Engineering, Arts, and Mathematics (STEAM) platform systems for young college talent. SWAC is considered one of the premier Historically Black Universities and Colleges (HBCU) conferences in the country, and currency ranks among the elite in the nation in terms of HBCU alums playing with professional sports teams. The Initative Through the initiative, SWAC and Google are focused on providing an innovative approach to engage students in tech during their college tenure,
The Robotics Education & Competition (REC) Foundation and Amazon have partnered to bring Native American and Indigenous teams together in Robotics. The REC Foundation The REC Foundation is a global organization dedicated to increasing student engagement in science, technology, engineering, math, and computer science (STEM). They engage students in hands-on, curriculum-based robotics and drone programs. The foundation empowers educators to inspire and equip students for success through comprehensive programs encompassing competitions, education, and workforce readiness. Now, partnering with Amazon, Indigitize, and Google, they are bringing Native American and Indigenous teams
For almost six years, I’ve sat in on investor meetings and made deals with startup teams committed to disruption. I’ve seen entrepreneurship in its greatest form, and as an early-stage investor, I’ve been part of getting exciting ideas off the ground and into the marketplace. Uniquely, my career as a founder-turned-investor has been surrounded by nuanced advocacy for social equity and fair opportunities, driving me to relentlessly champion underrepresented voices and create a level playing field for all. Early in my career, I worked closely with the leadership gender gap
Canada Black Music Archives Launches Digital Archive: Celebrating A Century Of Black Music In Canada
Canada Black Music Archives (CBMA) has announced its official launch as a digital repository dedicated to preserving and celebrating the musical heritage of Black Canadians. CBMA CBMA was founded in 2020 as a testament to the enduring contributions of Black musicians to Canada’s cultural landscape over the past 100 years. The story of the CMBA began with the history of WORD – Toronto’s award-winning Black Culture Magazine co-founded by Phil Vassell and Donna McCurivin in 1991. The first issue of WORD was published in March 1992, distributed free across the
Black Black Friday is a new initiative in Seattle that encourages residents to spend money at local, Black-owned small businesses. Statistics show that 7.9% of Seatlle’s population is Black, with less than 1% of their businesses Black-owned. Five times as many of these businesses are closing down compared to white-owned companies. This is why Black Black Friday was created, empowering Seattle’s Black-owned businesses by bringing the entire community on board. Black Black Friday Black Black Friday is organized by Intentionalist – a company that helps people support local, diverse small businesses. Intentionalist
Nigerian venture capital firm Aduna Capital has announced the launch of a $20 million fund to invest in Northern Nigeria startups and Africa. Aduna Capital Aduna Capital is a registered investment advisor startup with a new wealth management advisor experience. The firm provides investment management services where clients can utilize discretion in managing their accounts. This includes advice with various asset classes, including equity, mutual funds, exchange-traded funds, fixed-income instruments, and options. Specifically, the client grants the firm full power to direct, manage, and change the investment and reinvestment of
A new Black-led professional technology training program is coming to Charlotte as a boot camp in February 2024. Boot camps serve as an alternate pathway into tech careers, and focuses can range from software development and designing user experience to coding and cybersecurity. According to an analysis shared by the NAACP, less than 6% of participants in technology-focused boot camps are Black. Dark Mode is a company aiming to connect and train diverse talent in the tech industry. Lusenii Kromah, a Charlotte native, founded it. The UX Bootcamp They have announced their
