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Founders

This article by Kelly Boutsalis was originally posted on Linktree. As Indigenous people continue to face marginalization across the world, we spoke to three powerful women working in tech who are paving the way for future generations. Celebrated every year on August 9, the International Day of the World’s Indigenous People recognizes the need to voice Indigenous people’s inclusion and involvement in modern society, so that they can receive the same social and economic benefits provided to all. Despite the reconciliation efforts that have been made over the years, social inequity

Amazon has announced the launch of Amazon Catalytic Capital, a $150 million commitment focused on investing in Black, Latinx, Indigenous, women, and LGBTQIA+ builders in tech.  Amazon Catalytic Capital The initiative will provide capital to funds, venture studios, accelerators, or incubators committed to backing startups led by underrepresented founders. Recipients will also receive 1:1 mentorship from Amazon executives and unique business opportunities for partnerships, technical support, and scaling resources. Amazon Catalytic Capital aims to support at least 10 funds and 200 companies through the next year. So far, recipients include Collide

When TikTok soared in popularity in 2020, the hard seltzer drinks market saw sales double to $4.1 billion.  While the stars were aligning, Nectar Hard Seltzer was a new company attempting to take on established brands such as White Claw and Truly. A unique marketing strategy involving our favorite new social media app and SMS texting would be the secret to their success. When Jeremy Kim received a phone call from his future co-founder, John Dalsey, he couldn’t have predicted the journey they would go on.  Asian-Inspired Hard Seltzer “Hard seltzer is killing

Leading Black digital media brand, Black Enterprise, has released this year’s list of 40 under 40 honorees. The list celebrates young Black trailblazers across an array of sectors, including business, finance, fashion, media, and sport. It is a salute to the grit and determination it takes for Black people to rise to the top of their respective ranks so early on in their careers and in an increasingly competitive economic landscape. Among the distinguished honorees are the following five innovative Black minds in tech. All were carefully selected on the basis

Funding for African startups has hit a new record between January and June. According to reports, the African market is the first to see more than a single digit of growth which was extremely unpredictable considering the slowdown globally.  Venture capital deals within the African region reached a striking $3.5 billion in six months, with no other continent coming marginally as close to Africa’s startup funding growth.  Of the 300 companies that benefitted from this funding, 27% were led by female founders or had at least one female founder. This is

Byld Ventures, a $15 million fund launched this May, has eyes for startups mainly across Egypt and Nigeria due to the partners’ experiences in those markets. Byld Ventures reached its first close almost in June and a second close at $10 million last month. It expects to achieve its final close by year’s end, according to TechCrunch. Over a dozen athletes have backed the fund as well as the Dubai government and several unnamed institutional LPs. The early-stage fund — which has made four investments: Ceviant, Apata, Thepeer and Anchor — consists of four

“Done is better than perfect” is Tanya Sam’s mantra.  Real Housewives of Atlanta star Tanya Sam has said goodbye to reality TV and hello to the tech world.  Since leaving reality television in 2020, Sam has worked to become a key figure in female entrepreneurship, particularly within the tech space. Prior to her transition into the tech industry, Sam was a nurse working in oncology and hematology before she first appeared on the hit Bravo series. “I was a registered nurse for 10 years,” Sam previously explained in an interview with Page

Lagos-based fintech, Duplo, has raised $4.3 million in seed funding. The seed funding round, led by Liquid2 Ventures, Soma Capital, Tribe Capital, Commerce Ventures, Basecamp Fund, and Y Combinator, will help Duplo launch new products and expand its business into new sectors in Nigeria.  The fintech platform, founded by Yele Oyekola and Tunde Akinnuwa in September 2021, has become one of Nigeria’s top fintech platforms, helping African organizations seamlessly collect payments from their clients and partners.   In February, the startup managed to raise $1.3 million in a pre-seed funding round led by pan-African VC firm

Omidyar Network has announced the launch of The Tech We Want program which aims to help build community, infrastructure, and a solid support system for technologists, thought leaders, and investors in the tech space. The four-year, $8 million program primarily focuses on connecting and empowering new leaders and technologies that focus on inclusivity, sustainability, and responsible innovation. “If we want to develop a responsible tech future, we have to intentionally change who and what we produce. We need to support diverse organizations and inclusive communities working to redefine what technology

Capital G, Alphabet’s independent growth fund, has announced that seven Black-owned VC firms will join the Alphabet family as a part of the program’s $100 million commitment to investing in Black founders.  According to data, only 4% of the US venture capital workforce and 1.2% of VC-backed founders are Black. The lack of diversity within the venture capital space has a knock-on effect on the number of Black-owned businesses that receive extra funding or investments. After years of leading a large team focused on investing in Black-led VC funds, startups,

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