Acclinate, a Birmingham, Alabama-based healthcare technology company, has completed a $7 million Series A funding round. The funding round, led by Cencora Ventures and supported by Labcorp and Latimer Ventures, aimed to enhance Acclinate’s efforts to promote health equity and transform the inclusivity of clinical trials. Transforming Clinical Trials through Trust and Technology Acclinate’s strategy aims to build trust and foster long-term relationships with diverse communities. Their digital platform, NOWINCLUDED, is designed to educate and engage underrepresented groups in clinical trials, ensuring their inclusion in medical research. The platform serves as an educational tool while
Fanbase, a social media platform used to monetize content creation, has reached $10 million through equity crowdfunding, setting the stage for a $17 million campaign. Fanbase’s Crowdfunding campaigns The funding has reportedly marked founder Isaac Hayes III as the first Black man to accomplish this feat in a Regulation Crowdfunding campaign via StartEngine. Hayes created Fanbase to enable Black creators to cultivate their audiences and monetize their contributions effectively. According to a press release, Fanbase had raised over $10 million from three crowdfunding campaigns and 14,000 over investors via StartEngine. The company recently
Black-owned AI analytics platform AI Squared has announced a $13.8 million Series A funding round led by Ansa Capital with participation from Latimer Ventures, NEA and Ridgeline. AI Squared As investments in AI increase, data science teams in businesses and governments are looking to implement AI models that can utilize more value from their data to improve decision-making. AI Squared, founded in 2019 by Benjamin Harvey, PhD, helps organizations deliver data and AI insights into their business applications. The company estimates that up to 90% of AI models enterprises develop do not make it
Campus, an community college startup that connects students with top-tier professors from universities such as UCLA, Princeton, and NYU, has raised a $23 million Series A extension round. The community college startup In American higher education, community colleges serve as gateways for students aiming to transfer to four-year universities. However, only 16% of these students achieve a bachelor’s degree within six years. Campus operates on a model that rethinks the approach to college education. It is reportedly the first fully accredited, nationally focused community college built on a network of adjunct professors
Black-owned fintech startup Mozaic has raised a $20 million Series A round to make it easier for creators to split payments with each other and get paid for their work. Helping creators get paid Marcus Cobb, CEO, and Rachel Knepp, SVP of Growth, founded Mozaic (previously Jammber) in 2015. The platform initially aimed to make it easy to handle different parts of the music business from your mobile phone – from songwriting credits and rights to ticketing and touring. However, Mozaic decided to pivot away from the B2B side of
Okra Solar, a technology startup working with local utilities to transform communities, has closed its Series A funding round. Mesh grid technology With 770 million people living without clean, reliable access to power, the tech startup aims to transform off-grid communities with mesh grids. Mesh grids are the fastest-growing technology solution for electrifying off-grid households. With a mesh grid, neighbors are connected, sharing renewable energy 24/7, which allows them to consume more than they would on their own. Each house contains a solar panel, battery and an Okra Pod, ensuring
