MeVitae, a UK-based Diversity, Equity, and Inclusion (DEI) startup, has successfully secured a $1.8 million (€1.7 million) seed round spearheaded by Apex Black. MeVitae Founded by Oxford University alumni, Neuroscientist Riham Satti and Computer Scientist Vivek Doraiswamy, MeVitae specializes in offering a comprehensive DEI ecosystem of HR tools. These tools, developed from a blend of AI ethics and neuroscience perspectives, are designed to detect and mitigate biases, to enhance smarter, faster, and fairer hiring decisions. “Growing up, I never considered that my gender or skin color might impede opportunities. It
Black-owned London-based startup Koalaa has recently closed a significant funding round of $1.2 million (£925,000) for its world-first soft prosthetic arms. Koalaa Established in 2020 by Imperial College alumnus Nate Macabuag, Koalaa has been dedicated to addressing three critical challenges faced by the limb difference community worldwide. These are access, affordability, and comfort, with their creations crafted from breathable fabric, offering a lightweight alternative to conventional prosthetics. Macabuag was named as part of the Forbes’ 30 Under 30 Europe Class of 2021. His design through Koalaa has proven to especially
Two computer science majors, Leslie Jones-Dove and Devshi Mehrotra from the University of Chicago, have raised $3 million for their AI platform, JusticeText. Making the criminal justice system fairer Jones-Dove and Mehrotra developed their idea during a class project that they both worked on during their university years. Following protests after the shooting of 17-year-old Laquan McDonald, the duo decided to interlink their interest in technology and the criminal justice system. “Across the country, there are a number of public defender’s offices where they’re underpaid and overworked,” James-Dove told AfroTech. “It means that they have a
Black-owned tech accelerator Plug In Ventures has secured a new $1 million grant from the California Office of Small Business Advocate (CalOSBA). Plug In is the space for Black and Brown entrepreneurs and VCs to reimagine the innovation economy across the US and beyond. Founded by Derek Smith in 2014, the accelerator investing mentors and expands early-stage entrepreneurs. Since 2019, companies in his firm’s ecosystem have raised over $22 million in VC dollars from climate, sustainability, the creator economy, and athletic apparel. The Funding Plug In Ventures will receive $250,000 annually from CalOSBA over
Aster has announced its $2.4 million pre-seed round to build a platform to enable women’s health providers to deliver materially better care. Aster The United States is 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. 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. FiFi Kara co-founded the app after witnessing her
Nigerian-born Richard Nonso is among the recipients of the Tomorrow’s Leaders Starting Out (ToLSO) program, a micro-grant for young Canadians. Tomorrow’s Leaders Starting Out ToLSO is a project delivered by Nigerian Canadians for Cultural, Educational, and Economic Progress (NCCEEP). Launched in December, ToLSO is a micro-grant for young Canadians aged 15-30, funded by the Canada Service Corps. Offering a $5,000 micro-grant, it aims to empower young Canadians to create action-based projects that make a lasting difference in their communities. Although the program is available to grant candidates of any background, NCCEEP member and program
Echo360 has announced its annual grants program that now features new award opportunities for Historically Black Colleges and Universities (HBCUs). Echo360 is the most comprehensive, global, SaaS-based video platform for creating, delivering, and measuring learning engagement outcomes in any learning environment. The 2024 Echo360 e3 Tech Grants Program The 2024 program will award 20 recipients cash or software grants ranging from $2,000 to $5,000 in two grant categories: EchoImpact Grants and EchoInnovation Grants. EchoImpact Grants support instructors and researchers using Echo360 solutions to improve learner outcomes empirically. Conversely, the EchoInnovation Grants
Heex Technologies has completed a seed round of €6 million ($6.5M) to support those in tech to exploit AI’s formidable capabilities while reducing its carbon footprint. Heex Technologies Heex Technologies is a startup that accelerates AI development by enabling engineering teams to extract the most value from their data. Heex provides customers with a platform that allows them to target relevant data and share it with the right users for purposes such as supervision, system monitoring, or continuous software improvement. Founded in 2019, the startup initially focused on autonomous vehicles. However, new
Nigerian fintech startup Cleva has raised $1.5 million in pre-seed funding in a round led by San Francisco-based 1984 Ventures. Founded by Tolu Alabi and Phillip Abel, alumni of Stripe and Amazon Web Services (AWS), Cleva’s product provides a way for Africans to navigate hyperinflation challenges. Africans face persistent challenges in receiving international payments for their skills and products. According to the startup, it is estimated that the market for facilitating payments for remote workers and freelancers in Africa will be an $18 billion opportunity. Nigerian Startup Cleva Cleva is a USD banking platform for emerging
The National Science Foundation (NSF) is currently funding several programs to address racism in environmental and civil engineering to make the field more diverse. According to the Daily Caller, the NSF also aims to train engineers representing Black and Latinx communities. The grants are part of a broader effort by the NSF to push racial equity in STEM. In 2021, nearly a quarter (24%) of the US workforce was employed in STEM. However, Hispanic workers represented 15%, and Black workers only represented 9%. NSF’s funds aim to change that as they are
