Karin Fuentesová started off her career in the accounting sector, where she worked for 13 years. While working there, she observed how much time is wasted by people doing mundane tasks, such as manual data entry of invoices into accounting systems. After taking notes, Fuentesová launched Digitoo, which automates manual bookkeeping processes. Founded in 2019, the founder struggled to find investors but in 2021, it raised €900k in seed funding from Czech investors Kaya VC and Nation 1. For Fuentesová this was a huge success because only 46% of founders raise more than
A new initiative, launched by Dream Legacy Foundation (DLF), an organization that runs innovative programs to boost entrepreneurship within the Black Community and Ryerson University’s business incubator, has just taken off.
DrugStoc co-founders Chibuzo Opara and Adham Yehia launched DrugStoc to serve as a tech-enabled solution that combats the continent’s broken pharmaceutical supply chains through connecting drug store companies with hospitals and pharmacies in Nigeria.
POCIT recently sat down with Bruce Hamilton, 30, and Mario Mitchel, 35, the founders of Mech Ventures, an early to late-stage venture capital firm that invests early in founders building fast-growing technology companies.
Social Chain founder Steven Bartlett and Furqan Rydhan, founding CTO of Bebo and AppLovin, have just launched a software startup for web3 projects. Announcing the news on Twitter, Barlett said: “BIG NEWS: Today I’m announcing the launch of my new company, third web! Web3, NFT’s, and blockchain technology is going to impact every single industry and every single job. “We’ve built the platform that makes it incredibly easy to build web3 applications in a matter of clicks.” Thirdweb reportedly launched its free tools three months ago for developers to build,
When creating a startup, you go through a few hurdles along the way – from financial challenges to picking the right co-founder that will help spearhead the company with you. It’s never an easy journey, and you should never believe anyone that tells you otherwise, so it’s always essential to have a mentor or an advisor who can share their mistakes and lessons – so you don’t make the same errors. Unfortunately, not everyone has the privilege of landing a mentor or sponsor that will give you the time of
Deciding on the right type of funding for your business can be difficult. In fact, it’s considered one of the hardest and most stressful things you could do as it can make or break your startup. Every funding option has advantages and disadvantages, and some are better suited to certain types of businesses and business models. It’s important to explore the funding options available before deciding how to build your company as the route you take will have some serious consequences. Here we break down what some of the keywords
There have been dozens of stories written this year about people that used lockdown as a way to better themselves or to learn a new and beneficial skill but I don’t think many have had the privilege of hearing Asia Sharif’s story. The proudly Black and Muslim woman is inspiring for many reasons – one being that she is a self-taught ‘Junior Software Engineer and Blockchain Developer’ that used the pandemic as an opportunity to change career paths and teach herself how to code. The second reason is that she
Seventh-grader Serenity Marie and her mother Quyionah Wingfield recently launched Gen Connect Game, a platform to spark more family engagement through a curated list of questions and in-app activities. With the help of Carleton College’s Hack4Impact, a program of engineers that provide nonprofits with software, Wingfield and Serenity took what started as a brainstormed idea into an app that aims to tackle emotional isolation that comes with a loss in families for all generations. Gen Connect also comes with a specific Parent Guide, designed in tandem with Emory University, and provides tips on various topics
The Black community has long played a profound role in shaping the world as we know it today and although they haven’t always been rewarded for it – they have been in this business for a long time. For example – did you know that more than 90 percent of the microphones used today, including those in phones and cameras, use technology co-invented by Dr. James E. West? Microphones Mr. West, a Black man who was also was appointed president-elect of the Acoustical Society of America in 1997, started his long
