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venture capital

Nichole Yembra: Managing Partner of One of The Largest FinTech VC Firms in Africa

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fintech

One of my goals is to invest in many startups here and on the continent. The African Fintech (Financial technology) sector is one that’s always been interesting to me because of its potential to solve many social and economic issues. According to a recent report from Disrupt Africa, the overall startup funding from venture capitalists jumped…

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NAS Venture Capital Firm Invested in Online Pharmacy Bought By Amazon for $1 Billion

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When it comes to having an eye for startups, Nas knows how to pick them. PillPack, a door-to-door pharmacy service backed by the rapper’s venture capital fund, scored big last week when Amazon acquired the company for $1 billion. Amazon shared the news on June 28, with plans to finalize the deal as soon as this…

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Backstage Capital Launches $36 Million “About Damn Time Fund” for Black Women Founders

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backstage capital

Venture capital firm, Backstage Capital recently announced that it has launched a $36 million fund that will invest in Black women founders. The “It’s About Damn Time Fund” as it was called by founder, Arlan Hamilton, will help address the funding gap that exists between investors and Black women in the VC landscape.   A…

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18 Black Owned Venture Capital, Private Equity & Angel Investment Firms

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venture capital

Less than 1% of American venture capital backed founders are Black and the percentage of Black people in decision making roles within the venture capital arena is not much higher. This lack of diversity within investment firms ultimately translates to a lack of diversity in the companies that they invest in. The good news is that there are…

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Several Ways Black Businesses Can Attract Investors

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investors

Black businesses generate over $180 billion in revenue each year and create over 1 million jobs.  Also, Black women are the fastest growing segment of new entrepreneurs in the US. Unfortunately, establishments owned and operated by Black entrepreneurs are least likely to receive funding from investors. Ade Omitowoju of Groundwork  chats with us about the…

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