Debbie Dickinson and her daughter Markea Dickinson are the dynamic duo behind the new AI-driven wristband and app, Thermaband, which uses technology to help menopausal women manage hot flashes. What is Thermaband Zone? Founded in 2019 by Debbie Dickinson and her daughter Markea Dickinson-Frasier in Miami, Florida, Thermaband aims to revolutionize women’s health, especially for those undergoing the menopause. After facing her challenges with menopause, Debbie Dickinson grew frustrated by the lack of cooling relief solutions for hot flashes. Refusing to accept thermal discomfort as a new way of life,
Black-owned finance company Novae LLC has officially launched a new digital tool to help small businesses find grants and tax incentives to help them grow at a faster rate. What is Novae Grants? The new tool launched by Novae LLC, called Novae Grants, allows thousands of users to search through a database filled with finance assistance opportunities from both the private sector and the government. According to the Novae team, the grants in the database range from $500 to $5 million. They have specifically been designed to help underrepresented Black
Microsoft has announced the expansion of its AI for Good Research Lab to Cairo and Nairobi. The expansion aims to close the climate data divide by researching and developing AI machine learning in areas in Africa worst affected by the climate crisis. Africa’s Climate Crisis Research has revealed that high climate risk correlates with income and health inequalities. The findings also coincide with the fact that two billion people in the Global South were found to be living in some of the most climate-risk areas between 2008 and 2018. Despite Africa contributing less
The training development company, CyberVista, has announced its new partnership with the not-for-profit organization BlackGirlsHack (BGH Foundation). What is BlackGirlsHack? The BGH Foundation, founded by Tennisha Martin, aims to provide Black women and girls with the resources, mentorship, and resources needed to succeed within the cyber sector. The non-profit organization’s mission is to empower Black women to break into an industry that lacks diverse representation by supplying them with the essential training resources they need. BlackGirlsHack does not only advocate for diversity within the cyber security space, but they also use
Chicago entrepreneur Arthur Burton is working to increase access to the clean energy sector by providing job training to youth in underrepresented communities. Who is Arthur Burton? After establishing his company in 2019, Arthur Burton has been committed to providing opportunities for members of disinvested communities by making training for green jobs more accessible. Before launching his clean energy initiative, Burton focused on expanding his experience within the sustainability sector. After receiving his Bachelor of Science degree in telecommunications, the entrepreneur worked at AT&T for 18 years as a technical
In June, Solo Ceesay, a 27-year-old first-generation immigrant, spearheaded a $26 million raise for Calaxy, an open social marketplace he co-founded with NBA star Spencer Dinwiddie. At the time, only 8% of VC funding had gone to Black startups. In this thought piece, Ceesay breaks down why funding for Black founders continues to fall short, despite efforts to turn things around. In Q3 2022, Black entrepreneurs raised $187 million in venture funding, equating to merely 0.12% of the $150.9 billion that venture capitalists deployed in totality. This figure is severely
25-year-old Iddris Sandu is a technologist and founder of Spatial Labs (sLabs) an organization committed to reshaping the future of commerce, Blockchain technology, and fashion. The technologist, born in Accra, Ghana, moved to Los Angeles when he was three years old. After teaching himself how to code and partaking in a range of internships and consultancy programs, Sandu set his sights on reshaping the way technology exists in the world. Additionally, he stuck to his word and became one of the youngest founders to enter Black Enterprise’s 40 under 40 list. The
Serena Williams is making big moves in the venture capital world. After announcing earlier this year, that she would be stepping away from tennis, Williams has embodied the phrase ‘put your money where your mouth is, by investing over $100 million in early-stage startups. Ugandan-based fintech, Numida, is the latest business to benefit from investment from Serena Ventures. The fintech recently raised $12.3M in a pre-series A funding round led by Serena Ventures. Participation included the Pan-African VC fund, Launch Africa, Breega, Soma Capital, Y Combinator, and MFS Africa. What is
Nigerian startup Stears has announced a $3.3 million seed round led by MaC Venture Capital which included Serena Ventures. What started as a written media publication by a group of Nigerian graduates is now a growing data insights company with its sights set on rivalling the likes of Bloomberg. Backed by Serena Ventures Serena Williams was playing in the US Open when the seed round for Stears came together. Nevertheless, according to Serena Ventures’ founding general partner, they were keen to invest and fought “tooth and nail” to get in.
The Congressional Black Caucus Institute (CBCI) is launching a new AI tech platform that matches public policy corporations with CBCI-vetted job seekers. Founded in 2000, the CBCI is a nonprofit social welfare organization that aims to educate and empower the African American community around issues that impact it the most. The CBCI’s latest initiative, the Career Placement Initiative (CPI), aims to diversify hiring in the public policy space. The Career Placement Initiative So how does it work? Employers bulk upload communications, legal, public policy, and government relations job openings to the platform. The
