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
Mae Health Inc., a pioneering startup focusing on minority health, has closed an oversubscribed seed funding round led by Jumpstart Nova. This investment will enable Mae to expand its tech-enabled services and tackle the significant disparities in Black maternal health outcomes. The funding round saw contributions from a variety of investors, including the Astia Fund, Impact Engine, Joyance Partners, and Gratitude Railroad, alongside early backers like RH Capital and Bright Ventures. Tech-Enabled Solutions for Maternal Health In response to the maternal mortality rates and the prevalence of maternity care deserts,
Integrating AI in mammography offers a new era in breast cancer detection. However, there are concerns for people of color. The technology, which is becoming increasingly accessible, has the potential to enhance early detection rates beyond the current 87% achieved by traditional mammograms, as reported by The New York Times. AI algorithms are not working at identifying subtle signs of cancer that conventional methods may miss, thereby reducing false positives and unnecessary treatments. The Concerns For People Of Color Despite these advancements, the adoption of AI-enhanced mammography faces significant hurdles. One