Posts in Category

Founders

Career Karma, best known for helping people transition into tech careers, has launched OutRival, a new AI platform designed to transform customer experience across industries.  OutRival empowers customer experience teams to build AI-driven conversational agents without using a single line of code. Building on Career Karma’s Success Career Karma’s journey began in 2018 with a focus on workforce development and educational tools. After announcing its Series B funding in 2022, CEO Ruben Harris and his team saw an even bigger opportunity in AI technology. “When Career Karma announced our Series

Every UK Black History Month, we shine a light on Black British-owned businesses making a difference. This year’s standout is Frobelles, a UK-based dress-up game championing the beauty of afro hair.  Created by mother-daughter duo Yvonne Ottley and 12-year-old Alyssa Ottley, Frobelles has over 100,000 users and recently made its debut in the US. The Birth of Frobelles The idea for Frobelles was sparked by a simple question from Alyssa, who was just six years old at the time: “Why don’t any of my game characters have Afro hair like mine?”  This question

Registered non-profit organization Darkies in Tech has launched a new website designed to drive inclusion by providing a centralized platform for professionals of color within the South African tech industry.  Founded by Ntsako Mgiba in February 2021, Darkies in Tech has become the largest vetted community of its kind in South Africa, with over 450 members, including founders, investors, and ecosystem builders.  The community has consistently hosted educational and social events aimed at creating a more inclusive environment for Black professionals in tech. Addressing Exclusion in South Africa’s Tech Scene

Southeast Asian investment network XA Network has expanded to the African continent with the launch of XA Africa. XA Africa aims to connect local founders with international investors, offering both capital and mentorship to help scale their ventures globally. Co-founded by Nitin Gajria, former Managing Director of Google Sub-Saharan Africa, Black Angel Group Co-Founder Jason Scott, and YouTube marketing director Marek Dawidowicz, XA Africa brings a wealth of experience to the continent’s entrepreneurial landscape.  Their mission is to equip African startups with the resources and expertise needed to solve critical

Venture capital firm Fearless Fund has announced a seven-figure investment in Zimi, an emerging e-commerce platform. Zimi, co-founded by Audrey Djiya and Peter Nsaka, specializes in inventory management, storage, and logistics to help businesses in emerging markets, particularly Africa, expand globally. This latest investment reaffirms Fearless Fund’s continued commitment to supporting underresourced founders, including women of color, following its year-long legal battle with the American Alliance for Equal Rights (AAER) over its grant program for Black women founders. Fearless Fund Backs Zimi Zimi launched in August with the goal of

This article is sponsored by MITRE. MITRE, a nonprofit renowned for tackling the nation’s most complex challenges, is breaking new ground with its latest initiative, MITRE RISE. This six-month accelerator is designed to help tech founders of color turn their innovative ideas into viable, real-world solutions, through hands-on mentorship, cutting-edge resources, and an extensive network of health and technology experts. Their inaugural 2025 cohort is dedicated to accelerating the development of health IT solutions. Applications for the 2025 program close on October 31, 2024. Innovation through collaboration   Kike Oduba, founder

Global music icon Shakira has partnered with Amazon and Code.org, through her non-profit, Fundación Pies Descalzos, to expand computer science education for Hispanic students worldwide. The collaboration will help young people learn to code through an interactive music experience that uses Shakira’s Spanish-language hits and also provide computer science education training to teachers across Colombia. Learning to code through music Shakira has long worked to enhance educational opportunities for underserved communities in Latin America.  In celebration of the partnership, Shakira has donated songs like “Amarillo” and “Chantaje” to Code.org’s Music

London-based fintech unicorn Zepz, formerly known as WorldRemit, has raised $267 million from new and existing investors to expand its global cross-border payments platform.  Zepz’s fundraising round was led by Accel, with participation from Leapfrog, TCV, and Coller Capital, as first reported by Bloomberg. The International Financial Corporation, a member of the World Bank Group, has also committed to invest up to $20 million. Zepz not disclose its valuation in this round but was valued at $5 billion after its $292 million Series E round in 2021. Simplifying Money Transfers

Yamilée Toussaint, founder of STEM From Dance and an MIT-trained engineer, has been named a CNN Hero for her efforts to bridge the gap between young girls of color and STEM careers.  Through her nonprofit, Toussaint combines dance and STEM education to inspire and equip the next generation of innovators, especially those who might not see themselves represented in these fields. “It’s an honor to be selected as a CNN Hero,” Toussaint said. “I’m proud of the work we do to connect girls of color with STEM in a joyful and

A new R300-million ($15.6 million) Seed Fund of Funds has been launched to provide crucial early-stage capital for South African tech startups.  This initiative, backed by the SA SME Fund, the Department of Science and Innovation (DSI), the Technology Innovation Agency (TIA), and impact investor E Squared Investments, aims to fund at least 50 technology-driven startups. The fund seeks to address a gap in South Africa’s venture capital landscape, which has historically favored later-stage investments.  By focusing on seed capital, it will help budding entrepreneurs transition their ideas into viable

1 17 18 19 20 21 84 Page 19 of 84