Diarrha N’Diaye-Mbaye feels like a mother of two. Her entrepreneurial child, Ami Colé, celebrated its first birthday a few months ago, while her actual child, which arrived in February, is only a couple of months old. N’Diaye-Mbaye, 32, launched the clean makeup brand designed for women of color during the pandemic, and now it’s projected to bring in $2.5 million in revenues by the end of the year, according to reports by BeautyIndependent. It secured over $1 million in pre-seed funding. Katherine Power, Lindsay Peoples Wagner, Hannah Bronfman, Henry Davis, Greycroft,
The gaming industry is set to reach $222 billion thanks in part to Gen Z consumers who are the biggest and most monetizable audience, according to a new report published by Data.ai. There are more than 2.7 billion gamers worldwide, and with a young demographic it’s scale and appeal is attracting luxury brands like Balenciaga, who became the first luxury brand to partner with Fortnite on four virtual outfits, or “skins”, alongside accessories, weaponry and a virtual Balenciaga destination in-game. And in November, luxury fashion brand Moncler followed with in-game
Grammy award-winning artist, Miguel, has just been announced as the newest Global Creative Director for T3MP0, a digital studio that creates web3 communities for A-List talent and brands. He is reportedly the first musical artist of “his stature” to be involved in creating a web3 studio from the ground up, according to the company’s press release. As T3MP0’s creative director, Miguel will extend his extensive collaboration history into partnering with the world’s biggest talent and brands in the web3 space. “We are very excited to support Miguel’s creative vision for the
Investment and advisory firm Pendulum, which funds and consults with businesses founded by people of color and has high-profile clients, including former President Barack Obama, is getting a new infusion of capital from Merchant bank BDT & Co. BDT specializes in providing advice and long-term capital through its affiliated funds to help the family- and founder-led businesses pursue their strategic and financial objectives. Husband and wife duo Robbie and D’Rita Robinson serve as chief executive and chief operating officer of the firm, which is reported to be staffed by people
South African educational technology (edtech) startup FoondaMate has secured $2 million seed funding in a round led by LocalGlobe, a UK-based venture capital firm, to drive uptake of its WhatsApp and Facebook-based learning chatbot across the globe. How does it work? Foondamate helps students with their revision by giving them immediate answers to questions and access to revision papers, while also guiding them in responses to questions. It aims to level the playing field in education by empowering the 345 million+ students who currently have limited access to internet-enabled education
Cayaba Care, a maternity health startup, has announced the closing of a $12 million Series A round that will work to expand the company’s footprint within underserved populations. The funding will be used to increase staff, launch in additional markets, and further invest in technology solutions that will increase access to much-needed holistic maternity services. Seae Ventures and Kapor Capital led the Series A round and new investors include Wellington Partners, Citi Impact Fund and Rhia Ventures. Founded in 2020 with a mission to improve community outcomes by reimagining how maternity and pediatric care is delivered, Cayaba
Honeycomb is hiring on pocitjobs.com Alayshia Knighten is a seasoned DevOps Engineer with a love of infrastructure and a focus on breaking down technical learning barriers for customers. She recently spoke to POCIT about navigating life in the tech sector as a woman of color and her role at Honeycomb, an observability tool that lets developers quickly make sense of the billions of rows of data needed to fully represent the user experience in your complex and unpredictable systems. Since joining Honeycomb as a Senior Implementation Engineer in October 2020,
“Anyone can make music on their PC now,” laments DJ Sumbody of Ayepyep, Ngwana Daddy and Monate Mpolaye fame. “You don’t have to go to the studio. You get a program, you do beats. If they can master it, it’s a track, it’s out there. It’s simple now.” While preceding genres and music movements have taken advantage of the ready availability of software that can be purchased or digitally cracked to mimic a physical studio, amapiano has been the most radical departure from established and entrenched ways of making, marketing,
In February, Prestige magazine published a list of the top-selling pieces of crypto-art to date, with all entries sharing some common traits – they were all men and all white. And when you look into the news reports of those who’re supposedly ‘killing it’ in the NFT or crypto space most of them look the same. But here at POCIT – we’re all about shining a light on the communities that are sometimes cast to the side and forgotten even when they’re making a considerable impact. Before we begin – for
TW: The following report may be triggering as it details updates on the main suspect of the Buffalo attack. The self-described white supremacist gunman who killed 10 people, all of them Black, at a Buffalo supermarket on Saturday had mounted a GoPro camera to his helmet. He planned to stream his assault live on Twitch, the video game streaming platform used by another shooter in 2019 who killed two people at a synagogue in Halle, Germany. Like others before him, Payton Gendron, 18, the main suspect behind the Buffalo attack, previously outlined his plan
