Growth Warrior Capital recently raised $26 million for its first fund from investors like Bank of America, the George Kaiser Family Foundation, and Pivotal Ventures, the investment firm founded by Melinda French Gates. Promise Phelon launched Growth Warrior in 2020 in Charlotte, North Carolina to support underrepresented and overlooked entrepreneurs. Since then, the firm has written checks up to $3 million and has a portfolio of 11 companies. These include Capitan, an AI insurance claim platform that raised $104 million, and ForceMetrics, an AI platform for first responders. Supporting underrepresented entrepreneurs Growth
Yale juniors Nathaneo Johnson and Sean Hargrow have raised $3.1 million in pre-seed funding for their social network platform, Series, which helps users connect with others who offer mutual value. Series, still just a few months old, secured the funding in only 14 days after a trailer posted by Johnson on LinkedIn went viral in the college entrepreneurial community. The buzz attracted strong investor interest, including from former a16z investor Anne Lee Skates, who went on to lead the pre-seed round through her venture fund Parable. Changing the way we
Nearly half of the facial recognition in London last year occurred in areas with a higher proportion of Black residents than the city’s average, The Voice Newspaper reports. Researchers from a political group in London circulated figures highlighting live facial recognition (LFR), which was used 180 times in 2024. More than half of these occurrences were in places with a larger Black population than the city’s average. How many faces were scanned? Across London, around two million people had their faces scanned, but only 804 arrests were made, which is
Migrants who were granted temporary stay to live in the US by using a Biden-era online appointment app have been told to leave the country, “immediately,” officials said on Monday. The number of individuals affected has not yet been confirmed. What Is CBP One? The CBP One app was introduced under President Joe Biden as part of an effort to create safer, legal pathways for asylum seekers and reduce illegal border crossings. The app allowed individuals to schedule appointments with immigration officials and apply for asylum at border crossings—primarily along
Wicked Saints Studios, a Black woman-led video game studio, has partnered with Discord, e.l.f Beauty, and Starlight Children’s Foundation to launch World Reborn. The first-of-its-kind interactive story game uses behavioral science and positive psychology to boost players’ well-being. With 87% of Gen Z gaming online weekly, World Reborn meets them where they are—turning gameplay into meaningful connection and real-world impact. How does the game work? Users will be given real-world quests called Training Mods, which feature real-life changemakers addressing several social goods, such as supporting women’s sports from e.l.f., empowering teen
Campus, an online community college, has announced a $46 million Series B investment, bringing its total amount raised to over $100 million. The community college offers students live classes with highly regarded professors who have backgrounds from colleges and universities such as Stanford, UCLA, and Howard. Additionally, students receive wraparound support such as on-demand tutoring and personal success coaching, as stated in a press release. Who founded Campus? Before there was Campus, there was Campuswire, an online learning software Tade Oyerinde founded in 2016. In 2018, Oyerinde conceived the idea for Campus
This week on Techish, Michael and Abadesi unpack how the changing political landscape is shaping career goals for top university grads. They also dive into Big Tech’s ties to the military-industrial complex, reflect on the ‘good old days’ of internet journalism, and the debate about tackling wealth inequality. Chapters 00:25 Stanford Grads Are Ditching Big Tech for Defense07:57 Nostalgia for BuzzFeed-Era Journalism10:20 The Pressure to Perform Success13:31 Gary Stevenson and Taxing the Super Rich Listen to the episode You can find the Techish podcast on Spotify, Apple, and all good podcast
Everyone knows how grueling the tax filing process can be, so the accounting software company Open Ledger has launched a new product to make the process more fun. If you grew up loving Pokemon, PokéTax will make Tax Day feel like a breeze. Open Ledger launches PokéTax Open Ledger is the latest venture from Pryce Adade-Yebesi, the entrepreneur who previously co-founded Utopia Labs, a crypto invoicing startup that was recently sold to Coinbase. His new company, co-founded with Ashtyn Bell, builds embedded accounting tools for small businesses and recently raised $3 million
Topicals founder and CEO Olamide Olowe and its president Sochi Mbadugha have acquired Bread Beauty Supply through their holding company, Cost of Doing Business (CODB), which they launched in 2024. The financial details of the deal were not disclosed. According to Business of Fashion, CODB plans to grow Bread Beauty Supply’s retail presence in the US, beginning with an expansion into more Sephora stores. Topicals and Bread: Two Visionary Black-Owned Brands Topicals is a Black-owned skincare brand founded by Olowe in 2020. It has gained prominence for its products that
Target’s foot traffic has fallen for the ninth consecutive week amidst its 40-day boycott, as stated by Retail Brew. The company’s traffic started to plummet in the first whole week after it shared that it was rolling back its DEI efforts. In March, the retailer announced that it would end its DEI programs, including its Racial Equity Action and Change (REACH) initiative and a program focused on carrying more products from Black—or minority-owned businesses. Target’s chief community impact and equity officer, Kiera Fernandez, sent a memo to staff stating, “Many
