This article is sponsored by Morgan Stanley Inclusive & Sustainable Ventures. Morgan Stanley Inclusive & Sustainable Ventures (MSISV) is supporting the future of innovation by backing early-stage startups and nonprofits with the capital and tools they need to scale. Building on the momentum of the Inclusive Ventures Lab and Sustainable Solutions Collaborative, MSISV has already distributed over $30 million in capital to over 130 ventures in the last eight years. MSISV is home to two tailored accelerator programs: a Lab for tech-driven startups and a Collaborative for emerging nonprofits. Both programs
AAPI, Black, and Latine entrepreneurship made durable gains in 2024, a new report by payroll manager Gusto has revealed. Additionally, many people were laid off from their jobs last year, but the percentage of entrepreneurs who started a business because they or their partner lost a job rose 67%. The findings come from a survey of 1,000-plus new business owners who launched businesses in 2024 by the Gusto Insights Group. Want to find out how well entrepreneurship did in 2024? Keep reading. AAPI, Black, and Latinx entrepreneurship have made durable
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James Oliver, founder of the co-founder matching app Kabila, has launched the Kabila Founder Mental Health Fund, to support founders’ mental health. Backed by the Social Good Fund, the initiative received a $25,000 seed grant from Techstars Co-Founder Brad Feld. Supporting founders’ mental health Kabila Founder Mental Health Fund will provide free mental therapy for founders in the Kabila community. This includes founders in the Kabila Ventures portfolio, Oliver’s new pre-seed fund. “So many early-stage founders I talk with are having a HARD time right now – making tough decisions
Ulu Ventures, reportedly the largest Latina-led fund in the US, has raised $208 million for its fourth fund. The fund supports seed-stage tech startups in the US using an inclusive, data-based approach that seeks to limit cognitive bias without shutting out any demographic group. This strategy has led to a more diverse portfolio than traditional venture investments. “Ulu is a beacon for the most talented entrepreneurial teams because we reduce bias by applying impartial methods of assessing risk and the same criteria to all people,” CEO, Co-founder, and Managing Director
Fundment, a Black-owned all-in-one tech platform for financial advisers, raised £45 million ($55.4 million) in Series C led by Highland Europe, as per Tech Funding News. The investment will scale the team, develop the product, and achieve future growth. Financial advisers are under more pressure than ever, which is why the global financial planning software market is set to amount to $18.1 billion in the next decade. For this reason, Fundment aims to create innovative solutions for financial advisers that will allow a smooth experience for their clients. “Financial advice is
This week, Techish hosts Abadesi and Michael talk about the challenges of promoting yourself on social media while staying authentic. They dive into gender norms, entrepreneurship, pricing strategies, and balancing personal vs. business branding—all while navigating the pressures of social media. Promoting yourself on social media (00:00) Zero to a million: How to make (and keep) money as an entrepreneur (09:50) Building a personal vs business brand (17:35) Navigating social media, vulnerability, and business exposure as a woman (21:15) Listen to the episode You can find the Techish podcast on Spotify,
Ruby Jackson, a 23-year-old student midwife at the University of Brighton, has developed an app, “Melanatal,” to address gaps in the recognition of maternal and neonatal conditions on Black and brown skin. Her app aims to educate both clinicians and patients on how conditions such as jaundice, pre-eclampsia, and mastitis appear on darker skin tones, a subject historically underrepresented in medical training. Bridging the Knowledge Gap in Maternal and Neonatal Health Jackson’s inspiration for Melanatal came during her placement at a neonatal unit in Ghana, where she realized that key
TIME has unveiled its second annual TIME100 AI list, recognizing 100 of the most influential figures shaping the future of artificial intelligence. The 2024 edition features leaders across a wide range of industries, from tech and business to entertainment. Among those highlighted are Lisa Su, CEO of AMD, Jensen Huang of NVIDIA, and actor Scarlett Johansson, showcasing how AI is influencing sectors beyond traditional tech. Accompanying the list are exclusive interviews with industry pioneers like Google CEO Sundar Pichai and author Ray Kurzweil, underscoring the far-reaching impact of AI on
CityRock has announced the closing of its $24 million Fund II to support founders from diverse backgrounds. This fund, part of H/L Ventures, will invest in companies within sectors such as climate, healthcare, and the future of work. Expanding Support for Series A Companies CityRock’s new fund marks a step in H/L Ventures’ mission to provide support and investment for its portfolio companies. According to Oliver Libby, co-founder and managing partner of H/L Ventures, the average investment size for CityRock Fund II will be $1 million. The fund, currently being
