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New funding has been raised for an online learning platform helping students avoid the debt of college. Campus was created by Tade Oyerinde, also its chancellor, to provide quality education to students through accredited, career-focused degree programs led by professors from top higher learning institutions such as Stanford University, University of California – Los Angeles , and Howard University. According to its website, Campus offers online associates degrees in business administration and business administration with applied artificial intelligence (AI) concentration to participants nationally. For its Sacramento, CA, campus, it has specific offerings for students in-state such as an associate’s degree in paralegal studies as well as one in AWS cloud administration. This campus also provides certification in medical assisting, medical billing and coding, phlebotomy, technical support, barbering and cosmetology, and other programs for California residents. Furthermore, to...
Los Angeles, CA-based venture capital firm Slauson & Co. has announced a new cohort of its Friends & Family program. According to its website, the Friends & Family program benefits founders of emerging category-defining businesses across various sectors, including artificial intelligence (AI) , consumer technology, health and wellness, and fintech . The initiative offers essential capital, connections, and community support to help the founders advance business operations, attract investment, and connect with like-minded individuals in its early stages. On Wednesday, March 19, 2025, the firm announced 10 founders selected from over 800 applications, including Ballin AI, which provides AI-powered scouting and recruiting tools for athletes and athletic departments worldwide, and Coblr, a streamlined platform that connects fashion repair shops, brands, and consumers to unlock the $700 billion circular fashion market. “I couldn’t be more excited to learn from, and grow alongside, this...
If you are creating impact as a founder and leader or are a corporate catalyst interested in joining a board, look no further than AFROTECH’s Board Readiness Summit. From 10 a.m. ET to noon ET on March 25, 2025, this virtual event will deliver exclusive insights and strategies to empower you with the tools and confidence to secure a board seat. Landing a post whether for a nonprofit, which is often a good starting point, or for-profit, will require experience and skills such as strategic planning and development, leadership, collaboration and more, Forbes notes. Learn From Nancy Twine To position you for success, discussions will be led by industry leaders, starting with former Goldman Sachs VP Nancy Twine, who launched Briogeo Hair Care in 2013 and turned it into a $100 million business within nearly a decade, according to Forbes. She also made history as the youngest Black woman to launch products at Sephora. The brand went on to land placement at Ulta Beauty. What’s more, Twine...
Howard University graduate Olympia Auset is combating food deserts in South Los Angeles, CA. Auset launched SÜPRMARKT, a grocery store that began as a pop-up and subscription service in the area, Forbes reports. Its inception was the result of her reaching a breaking point when traveling over two hours by bus to find affordable organics grocery products that would adhere to her vegan diet. At the time, South L.A. had 1.3 million residents and only 60 grocery stores, classifying it as a food desert. “It became difficult to eat healthy simply due to access,” she told the outlet. In 2016, SÜPRMARKT launched as a pop-up in Leimert Park with community support, according to its website. Four years later, Auset purchased land that would become SÜPRMARKT’s first brick-and-mortar location thanks to assistance from partners Open Architecture Collaborative Los Angeles and Engineers Without Borders. View this post on Instagram A post shared by LOCALE (@localemagazine) The grocery store prides...
Junior Bridgeman has passed away at 71 years old, leaving behind a lasting legacy. The former NBA Milwaukee Bucks player who became a prominent businessman died on March 11, 2025, following a medical emergency. He had collapsed during a luncheon at the Galt House Hotel in Louisville, KY, for the Lincoln Heritage Council of the Boy Scouts of America, according to WDRB. His exact cause of death has not been confirmed, but various Louisville television stations reported that he was seen holding his chest at a point during the event, per ESPN. “We express our heartfelt condolences to Junior’s wife, Doris, their children, Eden, Justin and Ryan, the Bucks organization, and his many friends and admirers in the basketball community,” NBA Commissioner Adam Silver said in a statement, notes ESPN. Bridgeman was a well respected figure for his accomplishments on and off the court. In fact, his jersey was retired at Fiserv Forum, the Milwaukee Bucks’ home arena in Wisconsin, in 1988 to honor his...
Calaxy wants creators to become more independent. As AFROTECH™ previously reported, Calaxy is the brainchild of tech entrepreneur Solo Ceesay and NBA star Spencer Dinwiddie. It serves as a social marketplace where users can create more meaningful experiences to engage their fans. With the added benefit of direct-to-consumer monetization, Calaxy eliminates the need to rely solely on brand and advertising deals. In 2022, Calaxy raised $26 million in a funding round led by The HBAR Foundation and Animoca Brands, with participation from Polygon. A portion of the funding was dedicated to expanding into the Web3 space. Calaxy has since developed “Worlds, ” allowing creators on the decentralized social marketplace to customize no-code apps. These apps enable creators to set up shops to sell subscriptions and digital experiences directly to fans and customers, otherwise known as the “population.” Additionally, creators can access wallets that store cryptocurrencies and NFTs, according to...
Cam Newton is taking his production company to new heights. Founded in 2012, Iconic Saga is a dynamic production company that collaborates with a wide range of clients and brands, delivering non-scripted digital content, scripted series, children’s programming, and animation, according to its LinkedIn profile. The company has worked with prominent names like Nickelodeon, Facebook, and ESPN. Per Boardroom, Newton is strategically aligning all of his creative ventures under the Saga umbrella, including his web series “Funky Friday” and “4th & 1.” “Media is at a very interesting space right now because you have people who are gaining more validation by being able to speak on certain topics, as opposed to the days where somebody can just voice their opinion and say, ‘Okay, boom. That’s the show.’ Well, in this day and age, it is being able to be authentic to what you’re talking about and how you’re talking about it. And we’re seeing more and more creatives or creators create stories,...
Founder Erica Plybeah responded to an inconvenience with an innovative solution that improves the quality of life for patients needing medical transport. Established in 2017, she launched MedHaul to provide safe and reliable non-emergency medical transportation to individuals, regardless of their needs, per her LinkedIn. The company was inspired by her personal challenges in finding dependable transportation for her grandmother’s medical appointments in Memphis, TN, according to its website. Her grandmother has type-2 diabetes with a double-leg amputation. Living in an underserved area also limited access to transportation, and Plybeah wanted to lower this barrier for others, which motivated her to establish MedHaul, a company that works alongside healthcare facilities, research facilities, and community organizations to ensure people have access to medical transportation. Its technology is also helpful for healthcare providers to book medical transportation appointments that can...
Derek W. Bailey is a trailblazer in the automotive industry. He was inspired by C.R. Patterson, born into slavery in 1833. The National Museum of African American History and Culture reports little recollection of Patterson’s life on the plantation, and it is unclear whether his freedom was purchased or if he escaped. Nonetheless, he became a free man and learned the blacksmith trade, which opened doors to carriage-making. He later made history by founding C.R. Patterson & Sons after becoming the sole proprietor of a business venture he had initially started in partnership with J.P. Lowe. Patterson became the first Black automaker in the United States, and now Bailey is carrying the baton. “He was actually born before the Emancipation Proclamation. He built a car company in that period and time,” Bailey told WSB-TV. “Black men have been doing great things throughout history.” Bailey is making his mark as the owner of Atlanta, GA-based Derek Automotive, which has various electric...
Allow your money to work for you. Financial experts Carter Cofield and George Acheampong are bridging the gap in financial literacy among Black entrepreneurs and professionals. Through their platform, Melanin Money, they aim to close the $100 billion wealth gap and help their users achieve their first seven-figure net worth, its website notes. As AFROTECH™ previously reported, the platform launched as an e-commerce brand but scaled into a financial social network in 2017. It offers courses on personal finance, wealth building, and entrepreneurship led by educators. In 2024, these workshops reached 20,000 people. “We decided to create this hybrid educational model where every other month we’re basically doing a virtual conference where people who may be not in a position to hire an advisor or are curious if an advisor is right for them, they get to learn our top strategies over the course of five days,” Acheampong said on the “Black Tech Green Money” podcast, which AFROTECH™ Brand...
African fintech platform Mansa has secured new funding. Mansa, founded in 2023 by Mouloukou Sanoh (CEO) and Nkiru Uwaje (COO), enables seamless cross-border payments and instant transactions for its customers. Its offerings include competitive exchange rates, virtual card processing to support cash flow management, and automated matching of financial transactions to bank statements. This is made possible by leveraging a stablecoin infrastructure, its website mentions. “We’re starting by being the primary liquidity provider to the biggest payment companies across emerging markets,” Sanoh explained to TechCrunch. “From there, we can handle payouts and also offer additional services like foreign exchange. The goal is to create a one-stop payment platform where they can finance their payments, settle transactions instantly, and access foreign currency seamlessly — all in one place.” The inception of Mansa, based in Dubai, UAE, originated from Sanoh experiencing issues receiving money...
The power of representation led Omar Johnson to recognize his potential as a marketer in the technology sector. As AFROTECH™ previously told you, Johnson developed an interest in the field and discovered his passion for marketing. This motivated him to earn an MBA from Emory University in 2004, which paved the way for his career at Nike. He joined the company as an assistant brand manager in 2005 and, within two years, was promoted to content manager for advising and innovation. During his tenure at Nike, he was inspired by Trevor Edwards, who served as chief marketing officer before advancing to executive vice president of global brand and category management from 2003 to 2013. Edwards later became president of Nike Brand, a role he held until 2018. “One of my mentors, his name is Trevor Edwards, he was a president at Nike when I met him…Knew every part of the world that mattered when it came to culture and led this beautiful and big magnanimous way,” Johnson said on the “Black...
The right circle can change your circumstances in the blink of an eye! Calling all early-stage, pre-seed, and seed founders — join the AFROTECH™ Insider Founders Circle to build for the future alongside a network that could lead to your next investor or co-founder. This membership aligns with our mission to empower Black entrepreneurs with the tools to succeed and drive innovation across industries, including fintech, medtech, and consumer tech. “At AFROTECH™, we strive to help make a difference and change the narrative regarding raising capital, starting and scaling a startup, and networking with the right people to help grow your business,” Blavity Chief Revenue Officer Michael Hadgis said on LinkedIn. “We created the AFROTECH™ Insider Founders Circle to help founders navigate the path and their business pitch become investor-ready!” Perks The sky’s the limit! Your direct participation in the AFROTECH™ Insider Founders Circle gives you access to exclusive perks, including office...
MYAVANA is bringing its hair care technology to Africa. Candace Victoria Mitchell is the mastermind behind the company, which launched with a $1,000 investment and a vision to ensure improved hair health for Black women, as AFROTECH™ previously told you. “Originally, my ‘why’ was really to provide a more personalized approach for people to really be seen and heard in the beauty industry,” Mitchell said in an interview with AFROTECH™. “Because, at the time, there were not many products catered to women of color or textured hair. And it just felt like it was just a huge oversight, and we were just kinda out there figuring it out on YouTube. I feel that hair is deeply connected to our purpose and identity, especially in Black culture. So my ‘why’ was just deeply rooted in people understanding who they are and also having the technology that could cater to our personalized journeys.” Technologies released include MYAVANA HairAI, which provides a detailed hair analysis followed by...
Former PepsiCo President and entrepreneur Derek Lewis has added another franchise to his portfolio. Lewis secured a deal with Big Dave’s Cheesesteaks, granting him ten locations in Central Florida, AFROTECH™ previously told you. He is also the restaurant’s first franchisee, which Derrick Hayes founded. According to information shared with AFROTECH™, Lewis celebrated the grand opening of two locations at Camping World Stadium in November 2024. “This expansion represents our commitment to bringing authentic Philly-style cheesesteaks to sports and entertainment venues across Florida,” said Derek Lewis in a news release. “We’re creating more than just restaurants; we’re building community gathering spots where food brings people together.” More recently, Lewis partnered with Philly Pretzel Factory and is spearheading its expansion throughout the Orlando area. “Soft pretzels are woven into Philadelphia’s cultural fabric, and I’ve craved their distinctive taste since childhood,” said...