Drake, Michael B. Jordan, And Steve Stoute Become Co-Owners Of Thirty Five Ventures’ Pickleball Team AdminJuly 20, 2023078 views Kevin Durant and Rich Kleiman’s pickleball team has three new investors. Boardroom reports that Drake, Michael B. Jordan, and Steve Stoute have become co-owners in Thirty Five Ventures’ (35V’s) Brooklyn… Read more
Snoop Dogg Invests In $20M Funding Round For Sound, A Web3 Music Platform AdminJuly 12, 2023079 views Snoop Dogg is all about supporting artists in collecting their coins, and it shows. Back in May, the rapper addressed his concern about the state of streaming, as previously reported… Read more
Public Ventures’ Zoey Dash McKenzie Launches $100M Impact Fund To Invest In Clean Tech And Life Science Startups AdminJuly 7, 2023076 views Zoey Dash McKenzie is taking action to be a part of changing how women, Black, and people of color are disproportionately affected by climate change. TechCrunch reports that the Public… Read more
Michael B. Jordan Buys Stake In Alpine Racing Alongside Other Celebrities, Deal Reportedly Brings The F1 Team’s Valuation To $900M AdminJune 29, 20230101 views Michael B. Jordan is continuing to make moves outside of Hollywood. According to CBS News, Otro Capital, RedBird Capital Partners and Maximum Effort Investments — which boasts notable investors including… Read more
Clark Atlanta University Graduates Inch One Step Closer To Raising $2M In Funding For Their Alcohol Delivery Platform AdminMay 30, 2023064 views Two Clark Atlanta University graduates are closer to their goal of reaching $2 million in funding for their alcohol delivery service. As AfroTech previously told you, Miami, FL-based startup QuikLiq… Read more
After Royalties For A Rihanna Record Were Sold On AnotherBlock, The Platform Raised Over $4M In Funding AdminMay 19, 2023046 views While the hype surrounding Web3 seems to have been dying down as of late, some in the music industry still use the space to their advantage. As previously reported by AfroTech, Jamil… Read more
SoftBank-Founded Opportunity Fund Appoints Dr. Paul Judge As Chairman, Launches Fund 2 AdminMay 18, 2023090 views There is an endless pool of diverse talent seeking opportunities to thrive, which means SoftBank Group (SoftBank) is taking no breaks in its commitment to provide access to Black- and Latinx-led startups. … Read more
Fearless Fund Invests In First Black-Owned Cream Liqueur, LS Cream, At A $10M Valuation AdminMay 17, 2023053 views A leading venture capital fund for women-of-color businesses has made yet another groundbreaking investment. On May 16, Fearless Fund announced it has invested in LS Cream at the valuation of… Read more
Energy Impact Partners’ Elevate Future Fund Closes $111.9M To Support Underrepresented Founders In The Clean Energy Sector AdminMay 3, 2023061 views A more sustainable future may be within reach with Energy Impact Partners (EIP), as the firm has raised substantial funding to further its mission to support clean energy solutions. According… Read more
Nomba, A Nigerian Fintech Startup, Raises $30M In An Investment Round Led By Base10 Partners AdminMay 2, 2023072 views Both a billion-dollar multinational company and a leading Black VC firm are betting on a fintech startup that may be the future of payments in Africa. Nomba, a Nigerian payment… Read more