Belong, a London-based fintech startup has recently launched out of stealth, following a €3.4 million ($3.6 million) pre-seed funding. This achievement marks the largest pre-seed round ever raised by female founders in Europe. Helping millenials build wealth Millennials are the first generation in history to be worse off than their parents financially. Belong was established in 2023 by former investment banker Avion Gray and behavioral economist Samantha Rosenberg to change this. Nick Hungerford, a pioneer in European fintech, brought together co-founders Gray and Rosenberg. Hungerford’s legacy continues to influence the company, even after passing in July 2023. “We
MacKenzie Scott’s Yield Giving initiative has granted a $2 million donation to Birthing Beautiful Communities (BBC), a Black women-led doula organization and platform in Northeast Ohio. This financial boost will empower BBC in its vital mission to enhance maternal and infant health outcomes for Black mothers and families. The Yield Giving Initiative The Yield Giving Open Call, an initiative of MacKenzie Scott’s philanthropic efforts, was launched in March 2023 to back community-led, community-focused organizations. With over 6,000 applicants, the initial plan to award $1 million each to 250 organizations was significantly expanded,
We have always been told that making connections and networking are essential to growing, learning, and improving in our industries. Conferences for people of color provide a safe space for professionals to build their brand and increase visibility while relating to others who understand their experiences. In 2024, this field continues to open its doors wider to professionals of color, offering a series of tech conferences designed to connect, celebrate, and elevate their contributions and presence. Let’s explore what’s on the calendar this year. May Latinas in Tech Summit – San
Leigh Higginbotham Butler has a pioneering AI platform and network for Black women, Akina. Akina, which means “strong family bond” in Swahili, originated from a personal need to create a safe space for discussions and support among Black mothers. It has since evolved into a Community-as-a-Service (CaaS) app and platform that leverages culturally competent AI and machine learning technology. From A Social Network To A Movement Akina was initially started 2020 as a social media platform for Black mothers. “It came about in the aftermath of the murders of George Floyd, Breonna Taylor, Ahmuad
Leading Nigerian tech company SkillPaddy has collaborated with ethical business bank Unity Bank Plc to train 1,000 female software engineers through their new “Count Her In Tech’ program. The partnership seeks to boost women’s participation in the tech industry where they comprise only 33% of the global workforce. The Count Her In Program The “Count Her In Tech’ program aligns with the 2024 International Women’s Day theme, #InspireInclusion, which celebrates women who advocate for Equity, Diversity and Inclusion. “As a bank committed to fostering economic empowerment and gender equality, we are proud
Women’s History Month 2024 shines a spotlight on ‘Champions of Change,’ celebrating women who advocate for equity, diversity, and inclusion (EDI). This month-long observance in March honors the role of women in American history and acknowledges their ongoing efforts to create a more equitable world. This year’s theme particularly resonates with the tech industry, where women, especially Black women, are significantly underrepresented, undermined, and excluded. In this context, we have spotlighted some Black women in tech whose startups are breaking barriers, building bridges, and making the world a more equitable place. Laura Weidman Powers – Code2040
Tech companies are now offering AI-powered therapy services designed to meet the specific needs of Black individuals. The Black Female Therapist The “Black Female Therapist” (BFT), a novel AI chatbot, is part of this approach from tech companies providing accessible and tailored mental health support. BFT, developed by Youper, leverages advanced algorithms and natural language processing to offer culturally sensitive advice and empathetic responses. According to Refinery29, the chatbot addresses the emotional challenges faced by Black individuals, including systemic barriers and the need for spaces where they feel seen and
Black students demonstrate a high aptitude in Science, Technology, Engineering, and Mathematics (STEM) fields, the 2024 Black Students and STEM Report has found. However, limited career exposure may contribute to a lack of interest in STEM subjects. High Aptitude, Low Interest The report is a collaboration between YouScience and Black Girls Do STEM. It analyzed data from 328,000 Black US middle and high school students, utilizing YouScience’s Aptitude and Career Discovery tool. Despite demonstrating strong potential for in-demand STEM careers, a significant career exposure gap hinders their pursuit of these opportunities. The findings are illuminating:
Lisa Leslie, a celebrated icon in women’s basketball, has ventured into the metaverse with LootMogul to transform sports fan engagement. The three-time Women’s National Basketball Association (WNBA) MVP and four-time Olympic gold medalist joins LootMogul as the brand ambassador and business partner. Bringing sports fans and influencers together This move marks a significant transition for Leslie from her days on the court to an innovative realm in the tech industry. LootMogul is a multiverse blockchain gaming platform where sports enthusiasts and influencers converge. The platform uses blockchain, NFTs, and the metaverse to provide
Waymo, the autonomous vehicle company under Alphabet, has announced the expansion of its robotaxi service to Los Angeles and Austin. Robotaxis hit LA this week Tekedra Mawakana, the co-CEO of Waymo, announced the expansion at SXSW on Wednesday. Los Angeles, known for its sprawling highways and traffic, will witness the commencement of Waymo’s service in a 63-square-mile area spanning from Santa Monica to downtown. Initially free, these rides will gradually transition to a paid model, in line with regulatory approvals from the California Public Utilities Commission. The company aims to integrate over
