Posts in Category


Venita Cooper and Vincent Sanders have created an AI-powered sneaker resale price-prediction startup – Arbit. According to their website, Arbit is the only price prediction model designed to empower sneaker buyers to get fair prices in the resell market. They collect real-time prices from trusted sites, providing pricing insights and trend analysis that allows users to shop prices on one app. Arbit’s Journey Cooper’s passion for sneaker culture began in 2019 when she opened Silhouette Sneakers and Art in Tulsa, which attracted attention from Brian Brackeen in 2021. After more than four years in the business, Cooper announced

Group Black has announced the acquisition of Galore Media Inc., a digital culture magazine that reaches 15 million users monthly. The Black-owned media company is also expanding its media influence with the launch of the “She’s Good [For Real]” Black women’s health platform and new data technologies. The Galore Acquisition Galore is known for spotlighting cultural icons such as Zendaya, Bad Bunny, and Kylie Jenner on their covers and its collaborations with major brands like Samsung, Apple, and Estee Lauder. “Galore is on the cutting edge of culture and I

The Folklore, a platform known for connecting global consumers with African brands and diasporic fashion, has secured a substantial $3.4 million seed funding.  This round was spearheaded by Benchstrength Ventures, with contributions from Techstars, Black Tech Nation Ventures, and Slauson and Co. Connecting brands with Major Retailers In 2022, Folklore underwent a transformation. Originally a shopping platform showcasing primarly African brands, it now aims to enhance how emerging brands integrate into the retail landscape.  “[Brands] would come to me for advice on how to expand their footprint, how to get a loan or how

Richualist founder Dawn Myers has secured investment from business figures Mark Cuban and Emma Grede on Shark Tank for her hair tool for textured hair. The washday styling tool Myers’ product, The Mint, is designed to detangle, condition, and style curly to coily hair types (classified as 3A to 4C).  The hair tool includes six attachments and is designed to simplify and enhance styling.  The technology used heats liquid hair products to optimize their effectiveness, addressing the often complicated and time-consuming nature of managing highly textured hair.  “You simply load your pod; think

American Screening, a drug and medical testing supplies distributor in Louisana, has agreed to pay $50,000 to settle a race discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC). The case centered around Imani Jackson, a Black employee who was fired after she decided to wear her natural hair to work. Fired over her wearing natural hair Imani Jackson’s daily routine involved spending 45 minutes each morning concealing her natural hair under a cap and gluing on a wig with straight hair. This routine wasn’t just time-consuming; it

This year’s Black History Month theme, African Americans and the Arts, invites us to delve into a rich cultural heritage. This month, we will be celebrating the diverse artistic contributions of African Americans across multiple domains and spotlighting the intersection of Black arts and technology. The Origins Of Black History Month Harvard-trained historian Carter G. Woodson founded the Association for the Study of Negro Life and History (ASNLH) and announced Negro History Week in 1925. Woodson had hoped to raise awareness of African Americans’ contributions to civilization, and the event

UK-based Black-owned platform Sojo has become the first fashion repairs and alterations platform to achieve B Corp certification. Certified B Corps are companies verified by B Lab to meet high standards of social and environmental performance, transparency, and accountability. The B Corp Community is a global movement of businesses that provide leadership by demonstrating their commitment to people and the planet. There are over 7,800 B Corps worldwide, across 161 industries in 92 countries, with over 708,300 workers. Sojo achieved 86.8 points, above the B Corp pass mark of 80 and

Lagos-based fashion and beauty e-commerce platform Maka has raised $2.65 million in a pre-seed funding round led by Pan-African venture capital firms 4DX Ventures and Janngo Capital. Other contributors include Palm Drive Capital, angel investor Jonathan Shipman, and executives from delivery platform Wolt. Maka Maka empowers trusted creators to live-stream and sell directly to their audiences. The platform allows shoppers to purchase through live-streams, on-demand videos, or online catalogs.  Founded in 2021 by Diana Owusu-Kyereko, former CEO of Jumia Ghana and ex-CCO of Jumia Kenya, Maka originated as an interactive social commerce platform.  During the

Vanessa Kingori OBE, chief business officer at Condé Nast Britain and Vogue European business advisor, is set to leave the media giant to join Google in 2024.  Among her many accolades, the Kenya-born media mogul was the first Black publisher for Condé Nast Britain and the first woman publishing director in British Vogue’s 105-year history. Top role at Google Her new position as Managing Director of Tech, Media, and Telecoms at Google marks a strategic shift for the accomplished executive. She forms part of a trio of female senior executive hires. “We

Retail technology consultant Jessica Couch is launching an AI-generated fashion tech platform with co-founder Bo Hu Yang, aiming to help stylists and stylish people to monetize their influence.  The AI-powered platform, which officially launches in October, is a personalized fashion discovery engine that matches people to products based on fit and style. How does Looks work? Stylists, can tag and post their looks on the platform and share them with their community. The stylist will get paid whenever someone buys an item that they post. The platform incentivizes peer-to-peer relationships

1 2 3 Page 1 of 3