In many ways, Caleb Anderson is like any other child his age—he enjoys swimming in his family’s pool at their home in Marietta, Georgia, and loves watching Marvel movies. But the one thing that makes him stand out is that at the tender age of 12, he enrolled in college to study aerospace engineering. The Georgia Institute of Technology student’s journey reportedly started at just 3-weeks old when his mother noticed he was mimicking her motions. At six months, Anderson was reading, and by the time he was nine months
Ellington West is the CEO of Sonavi Labs, a company using a digital stethoscope with Bluetooth connectivity, called Feelix, to identify and diagnose respiratory disease from lung and body sounds. The recognition comes after she closed a seed round with over $3.5 million raised. It was supported by Sand Hill Angels of Silicon Valley, Gaingels, Nightingale Partners, Matt Hellauer of PTX Capital, and other angel investors. The company has also received two grants through the National Institutes of Health worth over $3 million combined. She then went on to win $100,000 in the Princeton Empower 2021 pitch competition. In addition, the company received
The UK Black Business Show aims to bring together the best Black start-ups in the country through exhibitions, workshops, interactive panels, and seminars. It’s known to be Europe’s biggest Black-Owned Business show of the year with 4,000 annual attendees, and it’s retaking place on October 30th this year. We’ve broken down everything you need to know before the event What is it exactly? According to its website, this event will enable personal, professional, and corporate development through business exhibitions, deep-dive workshops, interactive panels, and seminars delivered by industry pioneers. To
The Home Depot Is At It Again and This Time Its Pledged $10M In VC Funds To Further Support Minority Start-Up Founders
The Home Depot, the world’s largest home improvement retailer, has just announced plans to invest $10 million in venture capital funds that reiterate the company’s stance on diversity, technology, and entrepreneurship.
Startup Showdown is a unique opportunity for early-stage startups to present to well-known investors and innovators in the tech ecosystem as they look to take their company to the next level. All finalists will get the chance to pitch to VC investors but only one startup founder will walk away with $120,000 to expand their business. Hosted monthly by Panoramic Ventures, there are six open application periods and 12 events each year. September’s ‘showdown’ will be hosted live in Miami on Thursday and broadcast globally as a fully hybrid event. “Startup
Autumn Adeigbo has gone from a one-woman show to a team of four, increased revenue by 400 percent, and attracted attention from A-list stars including Mindy Kaling, Gwyneth Paltrow, and Kerry Washington. A year and a half ago, she raised $1.3 million in investments and set up shop in Los Angeles. Now Adeigbo, who is known for her bright designs and women’s ready-to-wear, just secured funds of nearly $3 million, led by venture capital firm Offline Ventures. This brings her total investments to more than $4 million. Brit Morin, the general
Rheaply, a startup that specializes in recycling and sourcing unused items, has just announced that it received an undisclosed amount of funding from the Carbon Neutral Cities Alliance Game Changer Fund. The firm also combines a resource-sharing network with a user-friendly resource management platform. The investment is meant to help the Black-owned venture build an online exchange for building products and other resources. The exchange, which is set to launch in late 2022, will enable businesses in the greater Bay Area to access surplus and salvaged resources at cost-effective rates.
Citi has announced its next round of investments through the Citi Impact Fund, a $200 million fund launched last year to invest in companies that are addressing some of the biggest societal challenges. Daylight, Flume, and Stackshare are among the list of companies included in the round. This brings the Impact Fund’s total number of investments to 23 companies – more than half of which are founded by women and/or minorities. Ed Skyler, Head of Global Public Affairs at Citi, said: “The portfolio of the Citi Impact Fund keeps growing as we continue to
Fintech Klasha Has Partnered Up With OpenCart To Help International Businesses Accept Payments From Africa
Nigeria and San Francisco-based start-up, Klasha, has just announced its partnership with OpenCart, an all-in-one e-commerce builder that provides businesses with the tools to create and launch an online store. Klasha, first launched in 2018 by Jess Anuna and Kemi Oritsejafor, specializes in helping merchants worldwide sell online to Africa and receive payments in local currency. The new partnership means that OpenCart merchants can now sell more and accept payments online from customers across the continent while enjoying “superfast last-mile delivery to customers across the continent within 10 days.” Merchants who
Infibranches Technologies Limited has secured $2million in funding from ‘All On,’ an investment company backed by oil and gas giant Shell. The Nigerian firm, founded in 2019 by Olusola Owoyemi, aims to provide digital financial services for service providers in the energy sector. Through its flagship products – OmniBranches and Green Energy Plug – Infibranches helps companies with extensive distribution networks. With the support of The Nigerian Off-Grid Market Acceleration Programme, it has also developed a payment system that helps to facilitate payment collection for providers of solar home systems and mini-grid developers through