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investment

Despite making moves in the investment world, Kevin Hart has made it clear that he has not taken his eye off entertainment. After investing $500,000 in Black Sands Entertainment earlier this year, Kevin Hart’s Hartbeat Productions has announced it is working with the Black-owned comic house to adapt its “Black Sands” comic series into an animated film and television series. The move has been described as “one of the most significant moments in Black entertainment history” and will see Hartbeat provide Black Sands Entertainment with strategic advisory services as part

“Done is better than perfect” is Tanya Sam’s mantra.  Real Housewives of Atlanta star Tanya Sam has said goodbye to reality TV and hello to the tech world.  Since leaving reality television in 2020, Sam has worked to become a key figure in female entrepreneurship, particularly within the tech space. Prior to her transition into the tech industry, Sam was a nurse working in oncology and hematology before she first appeared on the hit Bravo series. “I was a registered nurse for 10 years,” Sam previously explained in an interview with Page

Investment banking giant, Goldman Sachs, has taken a massive step toward bridging the racial tech gap by investing $2.25 million in Black and Latinx students.  By becoming a premier sponsor of the Sponsors for Educational Opportunity (SEO) Tech Developer, the investment company will provide Black and Latinx computer majors with the skills, coaching, and experience needed to become strong candidates in the ever-evolving tech industry.  “Our goal is to ensure students have the tools they need to land top tech roles upon graduation,” said Julian Johnson, Executive Vice President, SEO. 

Nigeria-based fintech startup, Anchor has received over $1M in investment to help expand its workforce and services.  The startup fund program is backed by fund program, Y Combinator, and other venture capital firms, including Byld Ventures, Luno Expeditions, Niche Capital, Mountain Peak Capital, and angel investors such as the founder of SeamlessHR, Emmanuel Okeleji.  Co-founded in 2021 by Segun Adeyemi, Olamide Sobowale, and Gbekeloluwa Olufotebi, the banking-as-a-service platform, allows consumers to embed accounts, cards, payments, lending, and other financial features to their products within minutes.  “We’re now seeing a new development where businesses want to

Black-owned startup, thirdweb, has raised $24 million in investment funding. The funding round led by Haun Ventures, Coinbase Ventures, Shopify, and Polygon, also included Shrug VC, Joseph Lacob, and others.  The ground-breaking tech startup founded by Steven Bartlett and Furqan Rydhan aims to provide developers with a Web3 development kit to help reduce the time and cost of building and launching applications.  The developer tool assists programmers in building NFTs, marketplaces, DAOs, and more.  “Web3 is the most important technological shift I’ve witnessed in my lifetime,” said Steven Bartlett, co-founder

Black-owned venture capital firm Brown Venture Group announced that it had received a $1.5 million investment from the Bush Foundation. Brown Venture Group, co-founded in 2018 by Dr. Paul Campbell and Dr. Chris Brooks, is an investment firm committed to investing in BIPOC tech startups and founders.  The firm aims to help all startups in its portfolio grow as a brand through investment capital, training, and professional networks.  By focusing on excelling in tech entrepreneurship, Brown Venture Group hopes its investments will help bypass many of the racial biases that

Billionaire Silicon Valley mogul, Adam Neumann, has bounced back from the spectacular failure of WeWork to become the face behind a $1 billion residential real estate company, Flow.  According to Bloomberg, venture capital powerhouse Andreessen Horowitz has pledged approximately $350 million to kickstart Neumann’s newest venture. This investment will be the largest check written for single funding round, in the fund’s history, according to the New York Times – and it’s got everyone on the internet talking.   Failing upwards Neumann’s new business venture comes three years after the world witnessed the meteoric

Miami-based cybersecurity startup, Lumu, has closed an $8 million investment round. The funding round led by Panoramic Ventures also included SoftBank Group’s SB Opportunity Fund, KnowBe4 Ventures, Land Bess, a former Zscaler, and Tom Noonan, former CEO at Internet Security Systems.  Lumu, founded in 2019 by Ricardo Villadiego, is a cybersecurity company that helps businesses identify and isolate cyber-compromise in real-time. The platform identifies and isolates potential threats, attacks, and adversaries affecting enterprises. As more nation-state criminal groups continue targeting everything from business IP to government secrets, Lumu’s services have proven to

Digital investment platform, Stackwell Capital, has raised $3.5 million. The funding round was led by Michael Gordan, president of Fenway Sports Group, Jeremy Sclar, and The Kraft Group. Venture capital firm Shea Ventures, SSC Venture Partners, Shorehaven Wealth Partners, and Theo Epstein, a consultant to Major League Baseball, also participated in the funding round.  Stackwell Capital, founded in 2021 by Trevor Rozier-Byrd, is a digital investment platform created to eliminate the racial wealth gap by empowering a new community of Black investors. In addition, the platform works to provide Black

Black-owned digital marketplace, Clutch, has raised $1.2 million in a pre-seed investment fund. The funding round which Precursor Ventures led also included Capital Factory and HearstLab.  Clutch, co-founded in 2020 by Madison Long and Simone May, is a digital marketplace for emerging brands and creators. According to the outlet, Long and May built the platform to provide a space where creators can launch, market, and grow their side hustles. Clutch works to create a world where authentic, engaging work supports a more sustainable, equitable lifestyle. As a people-first platform, creators

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