UpSurge Baltimore has named Kory Bailey its new CEO. Founded in 2021, UpSurge Baltimore is an ecosystem builder focused on making Baltimore the country’s first Equitech city and a launching pad for founders of all backgrounds. Bailey will be the first Black person to lead the company. Meet Kory Bailey Bailey is a noteworthy leader in the startup and tech community that focuses on developing relationships locally and nationally with founders, investors, and startup support organizations. Bailey, from Durham, NC, grew up loving sports and technology and went on to
Founders Factory Africa (FFA) has raised $114 million in funding to scale its model to better serve founders across the African tech ecosystem. Founders Factory Africa Founders Factory Africa, founded in 2018 by Roo Rogers, Alina Truhina and Sam Sturm, is an African early-stage investor supporting founders across the continent. With a portfolio of over 55 ventures across 11 countries in East, West, North and Southern Africa, they combine capital investment with support for entrepreneurs. They invest up to $250,000 in ventures at idea, pre-Seed and Seed stage for ventures
Former bankers Lyndsae’ Peele and Casey Ariel are turning to web3 to empower and uplift Black women entrepreneurs with Zubachee, their “metaverse ecosystem for Black women in business.” The pair plan to onboard one million Black women onto the metaverse by 2023. What is Zubachee? Zubachee aims to become the go-to space in the metaverse for Black women entrepreneurs to find the tools and support needed to scale their businesses. Zubachee is also developing a curriculum and planning events to educate Black women needed to run profitable business operations. While
