Black Farmer Fund Raises $11M In Funding To Support Black Agricultural Systems In The Northeast AdminSeptember 11, 20230129 views Black Farmer Fund has raised $11 million to support Black-owned agricultural and food businesses in the Northeast, per ESSENCE. According to its website, Black Farmer Fund was created by Karen… Read more
Kansas City’s First Black-Owned Seltzer Company Receives $3M Investment From Former Chiefs Linebacker Dezman Moses AdminSeptember 6, 2023082 views Founder Joshua Lewis has received a financial boost. Startland News reports former NFL player Dezman Moses has invested $3 million in Kin Seltzer Inc., Kansas City’s first Black-owned seltzer company.… Read more
Alitheia IDF Co-Founder Tokunboh Ishmael Is Behind What’s ‘Currently The Biggest ‘Gender-Lens’ Fund In Africa,’ Report Says AdminAugust 31, 20230117 views Tokunboh Ishmael is supporting African women founders overlooked in the startup world. Ishmael is the co-founder of Alitheia IDF, “a pioneering gender-lens fund investing in scalable businesses to leverage the power… Read more
Digital Services Company Fearless Secures $17M In Financing For Expansion AdminAugust 25, 2023096 views Fearless Founder and CEO Delali Dzirasa has secured $17 million in financing to expand his digital services company. According to a news release sent to AfroTech, the investment has led… Read more
How Alexandria Lafci Exceeded Her Goal And Ended Behind One Of The Largest Raises For A Black Female General Partner AdminAugust 24, 2023051 views Alexandria Lafci is now behind one of the largest raises for a Black female general partner. Lafci is the founder of Hometeam Ventures. According to their website, they are focused on… Read more
Femly Founder Arion Long Awarded $150K Investment From Fearless Fund AdminAugust 21, 2023075 views Arion Long’s Femly has taken another big step toward “scaling the future of restroom feminine care access.” On Aug. 19, the Black-owned organic period care brand pitched at a demo… Read more
Early-Stage Tech Investor Founders Factory Africa Raises $114M To Invest ‘Across The African Tech Ecosystem’ AdminAugust 16, 20230167 views Investments are continuing to pour in for African tech entrepreneurs. TechCrunch reports that Founders Factory Africa (FFA), an early-stage investment firm, has raised $114 million “to scale its model to… Read more
MaC Venture Capital Appoints Jennifer Randle As Chief Operating Officer, Becomes The First In The Firm’s History AdminAugust 15, 2023085 views Venture capital firm MaC Venture Capital has just marked a first. According to Insider, Jennifer Randle has been named as the firm’s chief operating officer, the first in the company’s… Read more
Man Behind U.S. Supreme Court’s Affirmative Action Decision Sues VC Fund Supporting Black-Women-Owned Businesses AdminAugust 3, 2023088 views A Black venture capital firm, Fearless Fund, has been sued by a conservative activist. The man, Edward Blum, played a role in the U.S. Supreme Court’s June 2023 decision to… Read more
Remedial Health Raises $12M Series A To Provide Safe Pharmaceutical Products In Nigeria AdminAugust 1, 2023068 views An investment has been made to make pharmaceutical products more reliable and safer for people in Nigeria. TechCrunch reports that Remedial Health, a pharmaceutical management platform, raised $12 million in… Read more