The non-profit We Are Enough (WAE) is hosting a new initiative, the 3.3.3 Challenge, which aims to inspire three million women to invest $3 billion over three years. The movement was created with a “gender lens” to help women expand their wealth, match their values, and build a world they want to see, as stated in a press release. What is We Are Enough? Founded by venture capitalist Tracy Gray, WAE educates women about investing, regardless of economic background. Gray is also the founder and managing partner of The 22 Fund, a
Live Nation Urban has shared its recent investment in Breakr, a leading marketing and tech platform. Breakr is the focal point for music, creators, and technology. It allows music labels, creative agencies, and brands to quickly pay and contract independent online content creators to promote songs and services. The investment came from the Black Lily Capital Fund, a new venture fund created by Live Nation and Live Nation Urban to support early-stage music companies founded by Black entrepreneurs. “Our investment reflects our belief in the founders, in the transformative power
The London-based venture capital firm Black Seed VC has won the prestigious 2025 Startups 100 DEI Award. Black Seed VC aims to address the funding gap between white and Black founders. The company was also ranked 41st in the 2025 Startups 100 Index, the UK’s longest-running index of the most promising new businesses. When and why was Black Seed VC founded? Black seed VC was founded by Karl Lokko in 2021, who spent a decade campaigning and advocating for a fairer and more inclusive business ecosystem. After the death of George Floyd, businesses and brands
Netflix has denied rumors of its withdrawal from Nigeria, emphasizing its ongoing dedication to the Nigerian entertainment industry and local subscribers. Speculation Over Netflix Leaving Nigeria Speculation about Netflix’s future in Nigeria has grown following comments from filmmaker Kunle Afolayan, who revealed that Netflix had canceled some commissioned films by unnamed filmmakers. Although Afolayan did not explicitly state that Netflix was leaving the Nigerian market, his remarks sparked widespread concern on social media. In response, a Netflix spokesperson clarified to TechCabal: “We are not exiting Nigeria. We will continue to
Legal AI innovator Robin AI has raised an additional $25 million in a unique extension of its Series B funding round. This fresh infusion of capital reflects growing confidence in Robin’s AI-driven solutions, with customers like Cambridge University joining existing backers to support the company. Customers Turned Investors: A Vote of Confidence Robin AI, which serves 13 Fortune 500 companies, has carved out a leading position in the enterprise market. Its high-profile clients include UBS, Pfizer, and PepsiCo, underscoring the versatility of its AI-powered legal tools. Notably, some of its
SocialCrowd, co-founded by Raphael Akinsipe, has successfully raised $2.5 million in a seed funding round led by Bread and Butter Ventures and Augment Ventures. This latest investment, which also saw participation from VC 414, Serac Ventures and FullCircle will support SocialCrowd’s expansion, following a $1.6 million pre-seed round in February. The startup seeks to elevate performance and engagement among frontline and shift-based workers across industries. “Fitbit for work” Platform Founded in 2022, SocialCrowd has carved a niche in helping industries with high turnover rates, such as retail, manufacturing, and hospitality,
Female Founders Fund (FFF), an early-stage investment firm focused on female-founded startups, has successfully returned its first fund, a $5.85 million investment launched in 2014. This milestone positions FFF as one of the few diversity-focused funds to achieve full returns on an inaugural fund. FFF’s Early Vision Yields Strong Returns Founded by Anu Duggal, Female Founders Fund’s initial mission was clear: support female founders at a time when few investors prioritized women-led businesses. FFF’s portfolio includes investments in now-prominent companies like Maven, a healthcare unicorn focused on women’s and family
MaC Venture Capital, a venture capital firm known for its focus on seed-stage investments, has successfully raised $150 million for its third fund, as first reported by Fortune. This latest fundraising round brings the firm’s total assets under management to $600 million, a remarkable achievement for the five-year-old firm founded by Marlon Nichols, Adrian Fenty, and Mike Palank. Strategic Growth and Investment Focus The infusion of $150 million allows MaC to increase its initial investment size to $2-3 million per startup, up from its previous average of $1.5 million in
Slauson & Co, an early stage venture capital firm rooted in economic inclusion, has announced the close of its $100 million Fund II. The fund is significant increase from its previous $75 million fund and signals continued investor appetite for inclusive venture capital despite economic challenges. Focus on Representation and Inclusion Founded by Ajay Relan and Austin Clements in 2020, Slauson & Co. has always championed diversity, backing early-stage companies across sectors such as SaaS and consumer technology. “We invest in everybody,” Relan told TechCrunch, adding that the firm wants
The Business Development Bank of Canada (BDC) is investing $200 million CAD ($140 million USD) in Indigenous and Black-led businesses to promote inclusive economic growth. The government-owned bank is also launching a $50 million ($36 million USD) financing and training program for women, Indigenous, and Black entrepreneurs. Investing in Indigenous and Black entrepreneurs This investment is part of the BDC’s strategy to address longstanding barriers faced by underrepresented entrepreneurs and to promote a more diverse and resilient entrepreneurial landscape in Canada. The $200 million CAD investment will be channeled through two
