You should probably know what NFTs are by now since these three-letter words have been floating around our headlines, Twitter timelines, and TV screens for the past few weeks now. But for those of you who are behind on this latest trend – we’ll let you off and give you a little reminder. What is an NFT? NFT means a Non-fungible token. The best explanation I’ve seen for it is “Non-fungible” more or less means that it’s unique and can’t be replaced with something else. For example, a bitcoin is
Nigerian mobility tech startup Metro Africa Xpress Inc. (MAX)has secured $31 million in Series B funding. The latest funding round was led by the global private equity platform, Lightrock, making its first investment in the African mobility space. Through their Digital Africa initiative, the UAE-based international venture capital firm Global Ventures also took part in the round, as did existing investors Novastar Ventures and Proparco, the French development finance institution. MAX currently designs and assembles its line of electric motorcycles. The firm says, “beyond solving the mobility challenges in Africa, we
Adventr — an interactive streaming platform — is set to take over the tech sector with its patented voice-control technology. The Black owned startup firm, owned by Devo Harris, a Grammy-award-winning producer, just secured a $5M round. It was led by Paladin Capital, a leading global investor that has an extensive portfolio of revolutionary cyber companies. Fellow investors included Reinventure Capital, In/Visible Ventures, Lightspeed Venture Partners, and Harris’ longtime business collaborator and Grammy-award-winning artist John Legend and Karen Jaw-Madsen. The funding will go toward Adventr’s technology team and marketing to
According to a new study conducted by Thoughtworks, there are fewer opportunities for people from under-represented groups in the UK’s tech sector to hold leadership positions. The firm found – through its research – that out of 300,000 ethnic minorities in the UK in 2020, only 37% were in “positions of responsibility”, compared with 41% of their white counterparts. IT workers from ethnic minorities were also twice as likely to be in non-permanent positions than white workers. Amy Lynch, head of diversity, equity, and inclusion (DEI) at Thoughtworks UK, said:
Pop duo Chloe and Halle Bailey are speaking out against the lack of diversity in the tech sector and advocating the importance of Black girls being on the forefront of the coding sector.
The BECA Playbook aims to challenge the corporate diversity gap and transform the future of business by building the next generation of C-suite marketing executives.
A Black teenager from Prince George’s County, Maryland, has officially become the youngest glider pilot in the nation’s history.
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.
Cambridge-based post-seed accelerator Deeptech Labs has announced its autumn deeptech startup cohort.
Black-owned startups will soon have access to billions of dollars, thanks to this latest move by Vice President Kamala Harris.
