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Bolt Plans To Sign-Up 200,000 New Drivers In Africa To Meet Growing Demand For Ride-Hailing Services

Bolt is planning to onboard an additional 200,000 drivers in Africa this year, as it kicks off an expansion to more cities within its existing markets while keeping up with the growing demand for e-hailing services across the continent. The news comes just days after it announced a fresh round of €628m (£52m) at a valuation of €7.4bn (£6.5bn). The round, led by Sequoia Capital and Fidelity Management and Research Company LLC, with participation from Whale Rock, Owl Rock, D1, G Squared, Tekne, Ghisallo, and others, brought the total raised

Audio Mob And The Stack World Among The List Of Black-Owned StartUps Chosen To Showcase British Innovation In New York

The British Consulate-General in New York has announced the participants in the upcoming UK Black Tech Founders Mission taking place next month in New York City. Twelve unique technology firms, set up by Black entrepreneurs in the UK, will participate in the delegation. The UK founders will also meet with their US counterparts to discuss the differences between scaling a business on each side of the Atlantic and the lived Black entrepreneur experience in the UK & the US. The UK’s flag carrier, British Airways, has partnered with the British Consulate-General in New York to

This Black Brazilian Duo Created An App To Connect Non-White Brazilians With Culturally Sensitive Medical Professionals

Since its launch, AfroSaúde has helped 2,000 patients to find and book consultations with nearly 1,000 black professionals in Brazil, including medical practitioners, dentists, and therapists. Payment for the consultations is made through the AfroSaúde platform, which takes a commission. Igor Leo Rocha, a journalist, who suffers from folliculitis, a bacterial condition whereby hair grows back into the skin when it is cut, causing painful inflammation, launched the platform in 2019 with his partner Arthur Lima. Their reasons? Rocha told the FT that many doctors he saw prescribed “strong medication

Tiger Global And Greycroft Back Nigerian Investment App Bamboo In $15M Round

Bamboo, an investment platform that allows Nigerians to buy and trade US stocks in real-time from their mobile phones or computers, has raised $15 million in a Series A funding round. Launched in January 2020 by CEO Richmond Bassey and COO Yanmo Omorogbe, the start-up has rapidly grown in popularity with retail investors, claiming over 300,000 accounts in Nigeria. Its users can access all equities available on the US stock exchanges, that is, the stocks of roughly 6,000 companies. Last year, the company launched Powered by Bamboo, it’s API solution that allows asset managers, fintech

Black And Latinx Tech Founders Come Together To Help Revive ‘Black WallStreet’

A total of 17 founders from the Black and Latinx community are now part of the first cohort of ACT House, a new accelerator in the city geared to guide and help scale minority-led startups in Tulsa with coaching, programming, and other services. Each founder will get a $70,000 capital investment to help build its business. The unique collaboration was reportedly done to help revive the ‘Black Wall Street.’ Located in the mainly Black Greenwood district in Tulsa – it was once a famous region with hotels, thriving businesses, and luxury

Nathaniel Wade, Engineer And StartUp Founder, Talks Budgeting And Preparing To Raise Capital

Nathaniel Wade studied to be an engineer before he dived into the entrepreneurial route. He first started off with a property investment business before going on to launch what he believes will be a leading platform for amplifying Black businesses. Wade, 30, launched Wakuda, also dubbed the ‘Amazon’ or ‘Etsy’ for Black businesses with his long-time friend Albert Larter back in September 2020 during the pandemic. This was a time when thousands in the UK were furloughed, some were let go and others were forced to close the doors to

Non-Disclosure Agreements, Alleged Sexist Culture, And Threats: Ann Lai, Who Worked In VC, Filed a Lawsuit So She Could Tell This Story

Ann Lai’s portfolio of work and achievements is impressive. She got a scholarship to attend an elite private school, and then she found out the school didn’t have resources for serious scientific research. But that didn’t stop her. Through her science adviser, she met a chemical and biomolecular engineering professor at Case Western Reserve University and wound up conducting research on sulfur dioxide sensors in his lab, winning prestigious science prizes She was also a violinist, playing in the Cleveland Institute of Music’s preparatory orchestra, and made mixed-media art installations

YouTube Announces 135 Creators Including Tech Leaders In Its 2022 Black Voices Fund

The cohort includes 35 US creators who will get funding, training, and other resources through the program. The fund provides one year of support, including seed funding for channels, development programs, workshops, and networking opportunities. “Black creators have played an important role in shaping the culture on YouTube. From fashion and comedy to politics, learning, and wellness, Black creators have propelled our platform forward,” the company said in the announcement. A total of 26 African YouTube creators, including 10 Nigerian creators, were also picked. They were chosen to join a

The Parents From Thailand Trying To Use Science And Technology To Bring Their Daughter Back To Life

Earlier this year, a two-year-old Thai girl named Matheryn became the youngest person to be cryogenically frozen, preserving her brain moments after death in the hope that she would one day be brought back to life. According to reports, baby Matheryn Naovaratpong, nicknamed Einz, is a patient currently being held at Alcor, an organization currently housing 200 bodies that it hopes to give a second chance of life. The company depends on science and tech to do this. Matheryn died from brain cancer in 2015. Her parents, Nareerat and Sahatorn,

Black-Owned Esusu Becomes Unicorn With SoftBank Vision Fund Leading The $130M Investment

Esusu, a fintech that targets immigrant and minority groups and provides rent reporting and data solutions for credit building, said it had raised $130 million in a Series B fundraising round. The investment gives Esusu, launched in 2018 by co-CEOs Nigerian-born American Abbey Wemimo and Indian American Samir Goel, a valuation of $1 billion, placing it as one of the very few black-owned unicorns in the U.S. and globally. SoftBank Vision Fund 2 led the funding round, with participation from Jones Feliciano Family Office, Lauder Zinterhofer Family Office, Schusterman Foundation, SoftBank Opportunity Fund, Related

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