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WOC

Alitheia IDF is a $100 million private equity fund that aims to grow African SMEs through gender-balanced businesses. According to a report from Africa’s The Big Deal, female-led start-ups in Africa had raised 4% funding in 2022, while male-led ventures raised 96%. Therefore, 25 times less funding had been invested in female-led startups in 2022 than their male-led counterparts. Alitheia IDF aims to identify, invest in and grow businesses led by gender-diverse teams to achieve solid financial returns and social impact for African communities. Alitheia IDF The Alitheia IDF invests

A report by McKinsey and Co. found that representation for Black, Latina and Native American (BLNA) women in the tech workforce has shrunk over the past four years. McKinsey and Co. surveyed over 2,000 tech employees to calculate the experiences of BLNA women. The report is a collaborative effort by Reboot Representation and McKinsey in partnership with Pivotal Ventures. It explores effective strategies employers can use to attract, train and advance BLNA women. It additionally provides tools to help companies assess their current policies and practices and intentionally implement new strategies

Ariana McGee founded Navigate Maternity, a remote monitoring platform facilitating equitable prenatal and postpartum care for pregnant women. Black Women and Pregnancy In 2017, over 1,205 women died during and after children, with the U.S. having the highest perinatal mortality rate of any developed country. The United States is also known to be the most dangerous and expensive high-income country for childbirth, especially for Black and Indigenous women. Black women face a nine times higher risk of maternal death than their white counterparts, regardless of wealth. McGee nearly lost her

According to experts, Black women are often hired or promoted to leadership roles during a crisis, often referred to as the “glass cliff”. The Glass Cliff The term “glass cliff” was coined by a social and organizational psychologist, Michelle Ryan, at the University of Exeter. It describes a situation where a woman or person of color gets promoted to a senior leadership role during a difficult time and when the risk of failure is high. The “glass cliff” is essentially the opposite of the “glass ceiling” – a term that

Seattle-based Young Women Empowered (Y-WE) hosts programmes for diverse young women, including their Y-WE Tech program. Young Women Empowered Y-WE is a youth development organization founded ten years ago in Seattle. Their mission is to cultivate the power of diverse young women, non-binary and gender-expansive youth ages 13-26 to be creative leaders and changemakers through their community programs.  They held their first program in 2010, a seven-month pilot leadership program, which led to the organization offering year-round programs for girls and women. They are an intersectional feminist organization for all racial identities,

Black founder Katara McCarty launched her app, EXHALE, in 2020 after struggling to find an app suited to Black women’s wellbeing. Exhale App EXHALE is the first emotional well-being app designed for Black, Indigenous, and Women of Color (BIWOC). EXHALE was born from the idea that the Black and Brown community is holding its breath, waiting for the next video of police brutality, the next micro-aggression, or the following adverse health impact statistic. “It’s time to exhale – to breathe out all that isn’t serving BIWOC and breathe in healing, energy and

Inuit Mailchimp has given Atlanta-based Black women’s artist collective TILA Studios $100,000 in unrestricted funding.  Mailchimp  Atlanta-based tech company Inuit Mailchimp is an email and marketing automation platform for growing businesses. They aim to empower customers worldwide to start and grow their businesses with world-class marketing technology. The platform makes data-backed recommendations for businesses automatically and with the help of AI. In 2021, Mailchimp was acquired by Intuit, an American business software company specializing in financial software. Recently, Inuit Mailchimp announced a pledge of $1 million to increase and help

Cardi B has reportedly threatened to sue an X – formerly known as Twitter – user who shared fake AI-generated imagery and voice notes of Offset having an affair. What Happened? On Sunday, an X user, @ayywalker, shared what was allegedly evidence that Offset had cheated on Cardi B. The post featured a supposed photo of Offset and a voice memo of a man trying to set up a meeting with a woman. The user captioned the post, saying, “Offset has allegedly cheated on Cardi B once again. How embarrassing.” Cardi

The Aster app was created to help women keep track of their pregnancy, communicate with a care team on the app and book appointments and remote monitoring. Founder of Aster FiFi Kara created the app after witnessing her family’s distress as her nephew was brought into the world. “After an emergency CAT 1 C-Section delivery, he required over seven minutes of resuscitation before he took his very first breath,” she wrote on LinkedIn. “The fact that both my nephew and sister are now thriving feels like a miracle, yet this narrative is sadly

Mariam Jimoh, the founder of African and Caribbean goods and foods online delivery service Oja has announced the digital supermarket is shutting down. Oja – Digital Supermarket In 2020, British Nigerian Mariam Jimoh launched Oja, which means market in Yoruba, as the UK’s first ethnic digital supermarket focusing on African and Caribbean goods.  After struggling to find the Nigerian food she grew up with in her local supermarket chain, Jimoh was motivated to leave her corporate career and work towards a solution. The result was Oja, which promised fast and

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