According to a 2019 Harvard University Kennedy School Women and Public Policy Program report, just 2.4% of the VC industry’s billions went to companies founded by women of any race or ethnicity on average over the past 30 years.  Although Black women launch businesses at a higher rate than anyone else, in 2020, VC firms invested less than 0.35% of available money in companies founded by Black women, according to Crunchbase, a business information company. Furthermore, over 80% of VC firms don’t have even one Black investor on their team, not aligning with the demographics of our country a ..read more

Kai Frazier is a Black educator turned entrepreneur. Motivated by her experience of homelessness as a teen, as well as her time as a teacher, Frazier aims to close the educational opportunity and technology gaps for students in under-resourced communities. Her company, Kai XR, offers a learning platform that integrates metaverse technologies like AI and VR into the classroom in a safe way. The platform is being used by kids in grades 5-8 in schools and in juvenile detention centers, to take virtual college tours, learn about advances in science like CRIS ..read more

When we think of Africa, the imagery often associated with it includes poverty and struggle. However, a powerful narrative contrasts these stereotypes: the story of resilient and tenacious African women who are breaking barriers as business owners and investors. This is the focus of a new documentary released by Women Who Build Africa (WWBA) and the skincare brand Uncover in partnership with Madica VC. The documentary highlights the inspiring stories of women entrepreneurs and investors across African markets. These women have come together to build successful ventures despite the odds. They e ..read more

On the heels of applications launching for 2025 Disney Dreamers Academy, one of the academy’s recent graduates – aspiring entrepreneur Te’Lario Watkins II – has experienced a dream come true. Watkins is a 16-year-old aspiring entrepreneur from Ohio. He recently spent an afternoon on the set of ABC’s hit show ‘Shark Tank’ as the personal guest of investor Daymond John. Business mogul John was inspired to supercharge Watkins’ entrepreneur dreams after interacting with him during the 2024 Disney Dreamers Academy at Walt Disney World Resort this spring. As one of several celebrity mentors at ..read more

A brand-new series showcasing the entrepreneurial journeys of nine diverse founders hits the screens today. Culture Capital, a three-part docuseries, highlights dynamic leaders sharing stories of success, opportunities, and inevitable challenges. Not only does the show draw attention to the unique obstacles faced by these leaders; but it also celebrates their resolve to transform their visions into lasting legacies. Throughout the three episodes, viewers will follow the protagonists on their journeys as they share their setbacks and victories through a series of candid interviews. Featuring bu ..read more

For years, venture capitalists have faced mounting pressure to diversify their portfolio companies and investment teams with women and underestimated people of color. In the past decade, just 0.24% of funding in the UK has gone towards Black founders. The numbers are bleak. The lack of diversity in early-stage investors affects everyone because it determines who receives investment and, therefore, what products and services we use.  Despite this lack, more underrepresented black investors are emerging and ensuring that black founders on the European continent have a seat at the ventu ..read more

Seae Ventures has announced a strategic acquisition of Unseen Capital after founder Kayode Owens died in 2021. Seae Ventures is an investment firm specializing in early-stage healthcare technology and services companies. Unseen Capital, meanwhile, is a venture capital firm focused on investing in innovators who are intimately familiar with the challenges faced by marginalized communities.  This acquisition will leverage both funds’ combined strengths and missions to serve underrepresented entrepreneurs and marginalized communities further. Following the acquisition of Unseen, Seae Venture ..read more

These Gen Z entrepreneurs are building business empires despite their tender ages.  Mikaila Ulmer started her multi-million dollar business at age 11. In 2016, her brand won a $11 million deal from Whole Foods. At six, Cory Nieves launched a pop-up cookie business to contribute to his family’s finances. Now 18, Nieves has grown Mr. Cory’s Cookies to earn a $1 million net worth. Gen Z stands at the forefront of a digital revolution, having grown up in an age where technology is seamlessly integrated into daily life. Born between 1996 and 2013, this cohort has swiftly become a disruptive fo ..read more

The popular Despicable Me animated movie series is back with its fourth iteration, Despicable Me 4. Chris Renaud and Patrick Delage direct the film, bringing back Gru, who is now an anti-villain again, voiced by Steve Carell. It also introduces new characters and challenges seven years after the last film. Are the Minions up to their usual antics in the movie? Does it meet the standards set by its predecessors? Let’s dive right in! The storyline. The biggest global animation franchise in history, which has grossed over $4.6 billion, is back with its fourth installation. Gru has become a dedica ..read more

Maternal healthcare tech innovator Emagine Solutions Technology has announced an exciting new integration with Fitbit. The transformative collaboration will allow pregnant users of Emagine’s The Journey Pregnancy App to better track and monitor their maternal health via Fitbit devices, empowering them along their pregnancy journey. Addressing Maternal Mortality Disparities Statistics show that women of color in the U.S. are three times more likely to experience maternal mortality than white women. After experiencing a near-death experience post-partum, Courtney Williams co-founded Emagine Solu ..read more