Skinbrand Topicals has added WNBA star Angel Reese and Nigerian artist Rema as investors in an undisclosed funding round, as the skincare brand navigates a pullback in institutional capital for consumer startups The round reflects a broader shift in how Black-founded consumer brands are financing growth in a more restrictive venture environment. As traditional investors grow more conservative, founders are increasingly treating distribution, cultural reach, and audience trust as strategic inputs alongside cash. Capital, Control, and the Cost of Growth Since launching in 2020, Topicals has raised more than $22.6
Magic Johnson and Angel Reese have launched Wealth Playbook, a new financial literacy program for high school seniors in Baltimore. The program aims to teach students how to manage money and build long-term wealth. The initiative is a partnership between the Angel Reese Foundation, the Magic Johnson Foundation, and Pull Up Neighbor, a marketing and advertising firm focused on community outreach. Bringing Financial Education to Baltimore Classrooms The four-session program began last week at Saint Frances Academy, Reese’s former high school, in collaboration with wealth management giant Merrill Lynch. In
