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Research from Extend Ventures revealed that only 0.24% of funding went to Black founders in the UK in the last decade. Additionally, a report conducted by Cornerstone VC also found that only 1% of founders who receive seed funding identify as Black and only 3% of VC-funded founders identify as Black. To celebrate and amplify Black founders in UK tech this Black History Month, we have compiled a list of resources and funds available. Black Seed Black Seed is a community-led by Black founders, for Black founders, based in Brixton,

Apple’s vice president of Environment, Policy, and Social Initiatives, Lisa Jackson, is spearheading Apple’s commitment to making all its products carbon-neutral by 2030, starting with the Apple Watch. Jackson, a chemical engineer, served as the first African American US Environmental Protection Agency (EPA) administrator before joining Apple in 2013.   Meet Lisa Jackson Jackson completed a master’s degree in Chemical Engineering from Princeton University and a bachelor’s degree in Chemical Engineering from Tulane University. Before Apple, Jackson was appointed by President Barack Obama as EPA Administrator in 2009, making her the

Northwestern Mutual, a financial services organization, has announced this year’s fall cohort of five Black-owned tech startups to its Black Founder Accelerator program for the third year. Now in its third year, the accelerator is one of the core components of Northwestern Mutual’s Sustained Action for Racial Equity (SARE) initiative. SARE was created to advance bold, sustainable change that accelerates the company’s commitment to fight racism, prejudice, and social injustice, focusing on the Black and African American community. The Black Founder Accelerator The accelerator invests in up to 10 companies

Industry Link is a unique self-funded initiative to unite New York’s young Black professionals working across tech, media, entertainment, and aligned industries. Created by young Black professionals for young Black professionals, the platform offers a series of free private mixers in New York City. The events are dedicated to breaking down the cliques, kicking back, showing off your latest fits, and catching up with old and new friends across industries at different venues around the city. “This is the place to find the next person who’s gonna put you on, and

According to The Information, Meta is paying creators such as Snoop Dogg millions for AI chatbots, with the top creator making as much as $5 million over two years for six hours of work in a studio. During Meta’s Connect event in September, Mark Zuckerberg announced that Meta will be integrating new AI assistants across its social media platforms that can have human-like conversations. While the company has its own AI chatbot similar to ChatGPT, it has now introduced 28 new ones with different personalities that use celebrities’ images. These

Online resource business Hello Alice is the latest company to be named in a lawsuit for allegedly discriminating against business owners based on race. A class action lawsuit alleges the company’s partnership with Progressive Insurance Company, which offered $25,000 grants to 10 Black-owned small businesses, violates civil rights. Hello Alice and Progressive Partnership Hello Alice, founded by Carolyn Rodz and Elizabeth Gore in 2017, is a digital platform helping small businesses launch and grow through access to capital.  They partner with corporations looking to reach and support new entrepreneurs through

The California Senate Bill 54 (SB 54) has been signed into law by Governor Gavin Newsom, requiring venture capital firms in the state to report the diversity of the founders they back annually. This is the first piece of legislation in the US that aims to address racial disparities in the venture capital (VC) landscape. There is currently no official data on how VC firms invest their money founder and tech activist who helped ideate and draft SB 54, Allison Byers said. She added that California is responsible for 36%

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

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