Investment firm Compass Diversified has acquired a majority stake in Beatrice Dixon’s plant-derived feminine care brand, The Honey Pot Company. The Honey Pot Co. was founded in 2012, offering products across the feminine hygiene, menstrual, consumer health, and sexual wellness categories. It can be found in more than 33,000 stores across the US, including Target, Walmart, CVS, and Walgreens, with annual sales estimated to be around $120 million. The Honey Pot Co.’s distinct approach to product formulation, using plant-derived ingredients and clinically tested formulas, has fostered a loyal and diverse customer base over the years.
A new study by Emagine Solutions Technology suggests that pregnancy apps lack key features to serve modern maternal health needs. Emagine Solutions Technology provides a new level of care for pregnant women by combining handheld ultrasound and remote patient monitoring software to improve maternal health outcomes. The platform was developed by Courtney Williams, who in 2021 won a second prize award for Pharrell Williams’ Black Ambition Initiative. The investment firm Black Ambition, founded by Pharrell in 2020, is dedicated to supporting Black and Latinx business owners. Williams told AfroTech about her complications following childbirth during the
Developer and entrepreneur Ida Byrd-Hill is the visionary behind the Life Culture Audit vision board app, helping the Black community set and achieve their career and finance goals. The power of visualization Ida Byrd-Hill knows firsthand how visualization can change your life. In 2017, she founded the cybersecurity and tech re-skilling firm Automation Workz 4 U, later named Automation Workz Institute. When investors refused to invest in her firm, Byrd-Hill decided to sell her Detroit residence, car, and retirement funds and enter voluntary poverty. Four years later, Byrd-Hill has managed to
Health In Her HUE, a digital health app focusing on reducing health disparities for women of color, has announced a $3 million seed round. Health In Her HUE The digital health app connects Black women to the health care providers, services, and resources committed to their health and well-being. It was founded in 2018 by public health innovator Ashlee Wisdom and Eddwina Bright – who is no longer with the company. After getting her public health master’s and tired of reading research papers about the disparate healthcare outcomes for Black women, Wisdom had an
DigitalHealth.London has launched their Leap program dedicated to championing inclusivity and supporting founders from diverse backgrounds in digital health. Digital Health uses information and communications technologies in medicine and other health progressions to manage illnesses and health risks. According to a report from The Treasury Committee in 2021, less than 2% of all venture capital funding went to Black and ethnic minority-led businesses. The DigitalHealth.London aims to sustain and expand an active digital health market in London by helping to overcome challenges that hold innovators back. Therefore, the program is open to founders from
California Launches Groundbreaking Ebony Alert System To Address Disparities In Missing Black Youths
The Ebony Alert system, created to identify missing Black youths, has launched in California, with other states to follow. Governor Gavin Newsom signed SB 673 – Senator Steven Bradford’s “Ebony Alert” legislation – in September 2023. The law makes California the first state to create an alert notification system addressing the crisis of missing Black children. The technology behind broadcast and mobile alerts has been around for decades, but it’s largely failed to address a minority of the population that the signs are intended to help. “It came about by
Many of us have kickstarted 2024 with goals for the new year. These goals range from learning more about our finances and getting fit to prioritizing our wellbeing or simply reading more. We have compiled a list of some Black-owned apps that may help you on your way! Prioritize Your Wellbeing – Exhale Black founder Katara McCarty launched her app, Exhale, in 2020 after struggling to find an app suited to Black women’s wellbeing. Exhale is the first emotional wellbeing app for Black, Indigenous, and Women of Color (BIWOC). The app coaches users through
Orka, a Chicago-based health tech firm, is redefining the hearing aid industry with its innovative Orka hearing aid. Founded in 2018 by Ben Sun, Chauncey Lu, Linkai Li, and Xinke Liu, Orka aims not only to enhance hearing but also to make hearing aids as user-friendly and desirable as AirPods. Birthed from personal experience During a family visit to China in 2017, Ben Sun, CEO, observed his grandmother struggling with her hearing. He told Forbes that after spending $1000 on hearing aids for her, she stopped using them after a
The University of Washington’s recent study on Stable Diffusion, a popular AI image generator, reveals concerning biases in its algorithm. The research, led by doctoral student Sourojit Ghosh and assistant professor Aylin Caliskan, was presented at the 2023 Conference on Empirical Methods in Natural Language Processing and published on the pre-print server arXiv. The Three Key Issues The report picked up on three key issues and concerns surrounding Stable Diffusion, including gender and racial stereotypes, geographic stereotyping, and the sexualization of women of color. Gender and Racial Stereotypes The AI
Twin Health has secured $50 million in funding for its AI-driven personalized healthcare tech that aims to prevent and reverse chronic health diseases like diabetes. Temasek led the Series D funding round with the participation of existing investors ICONIQ Growth, Sofina, Peak XV, and Helena. Twin Health was co-founded in 2018 by Jahangir Mohammed (CEO), also the founder of Jasper and Kineto Wireless, and Terry Poon (CTO). A whole-body digital twin Central to Twin Health’s mission is the Whole Body Digital Twin™ – an innovative, AI-driven healthcare platform that composes
