Former NBA star Metta Sandiford-Artest, formerly known as Metta World Peace, is launching a $100 million venture fund focused on sports technology, digital media, and wellness innovations. The fund, Tru Skye Ventures, is a partnership with ex-Boost Mobile CEO Stephen Stokols and is slated to raise the capital by the first quarter of 2025, according to Sportico. Tru Skye Ventures aims to back early-stage startups, combining capital with expertise in product development, brand partnerships, and growth marketing. Targeting Innovation in Sports and Wellness Tru Skye Ventures has already announced an
RedDrop, a wellness brand focused on period care for tween girls, has won the $1 million grand prize from Pharrell Williams’ Black Ambition program. This win was announced during the initiative’s fourth annual Demo Day, held to spotlight Black and Hispanic entrepreneurs transforming industries with innovative solutions. Founded in 2020, Black Ambition provides funding, mentorship, and resources to empower underrepresented founders. This year’s Demo Day brought together eight finalists to pitch their ideas to a panel of esteemed judges, including Lisa Price (Carol’s Daughter), Pinky Cole (Slutty Vegan), and Matt
Loop Health has raised over $120,000 in funding as 21-year-old co-founders Joshua Obasohan and Neto Nwogbo set themselves up for a seed round this summer. The Story Of Loop Health According to TechCrunch, founders Obasohan and Nwogbo were college students brainstorming business venture ideas. After having initial plans of starting companies in Nigeria that came with barriers, they pivoted their idea to a market they were already familiar with, the university healthcare space. Then, the duo, both 21, launched Loop Health, a telehealth startup that aims to improve primary healthcare
Postpartum difficulties and a gap in the wellness industry led LaDonna Welch to create a mental health app, Ebony Notes, designed to affirm the Black community. Meet LaDonna Welch Welch advocates for diversity, equity, representation, personal growth, and inclusion. After giving birth to her second child in 2012, she learned she had postpartum and seasonal depression when she went to a doctor to discuss her symptoms. “They suggested that I speak to someone, and I was in my 30s. At this point, I had never even considered talking to anyone,”
Black founders Kim Knight and Shanelle McKenzie are the women behind the wellness platform, The Villij, which provides Black women with a safe space for healing and wellness. Why is it important to have wellness spaces for Black people? The wellness industry has struggled to welcome Black and brown women. Instead, for many years, the wellness industry has reconstructed a narrative that has seen self-care become synonymous with wealth and class. Despite holistic practices being hugely beneficial for the Black community, especially when it comes to healing from racial trauma,
J Balvin, also known as the Prince of Reggaeton, has made a wholesome move to create an open discussion around mental health struggles by launching OYE, a bilingual wellness app. The app, currently available for download on the app store, was built by Latin creators in Spanish and English. It provides users with emotional check-ins and goal-setting exercises and promotes the idea of achieving a balance between emotional wellness, physical health, and interpersonal relationships. “After the pandemic, global youth – really everyone – is extremely burnt-out. Anxiety, depression, and feelings of being
