AfroTech

AfroTech serves as a vibrant community for Black entrepreneurs and innovators, along with the businesses that back them in the tech sector. Discover motivating stories, helpful advice for developing your concepts, job opportunities, industry trends, and tools to help you realize your vision on your own terms.

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Spelman College Invests In Zeal Capital Partners' $82M Fund Focused On The Future Of Learning And Work

1 week ago | afrotech.com | Samantha Dorisca

Spelman College is investing in the future of learning. According to a press release shared with AFROTECH™, Zeal Capital Partners, a Washington, DC-based venture capital firm founded by Nasir Qadree, has secured new funding that will go towards opportunities in financial technology, health care, and the future of learning and work. The firm has secured $82 million for its Zeal Fund II, which brings its overall managed assets to $186 million.
An Amazon-Backed AI Model Threatened To Blackmail Engineers - AfroTech

1 week ago | afrotech.com
Op-Ed: We Can Start All The Financial Literacy Programs In The World, But Low-Income Individuals Need More Money Too

2 weeks ago | afrotech.com | Yannise Jean

WNBA superstar Angel Reese and former NBA superstar Magic Johnson joined forces recently to create Wealth Playbook, a financial literacy program for high school students in Baltimore, MD. The program is a partnership between the Angel C. Reese Foundation, the Magic Johnson Foundation, and Pull Up Neighbor, an advertising firm focused on community outreach. Through the program, students will learn how to manage their money and build long-term wealth.
High School Senior Jayme Anderson Admitted Into More Than 50 Universities And Received Over $10M In Scholarships

2 weeks ago | afrotech.com | Samantha Dorisca

High school senior Jayme Anderson has been admitted to multiple top colleges. Black News reports Anderson is a student at Forest Hill High School in Jackson, MS, recognized for his discipline in education and his participation in the school's band. He has a bright future ahead, having been accepted into schools such as Stanford University, University of California Los Angeles, University of California Berkeley, and others.
What Is Streamer University? Kai Cenat Turns Akron, OH, Into A Creator Playground

2 weeks ago | afrotech.com | Josh Rodgers

Twitch superstar Kai Cenat is switching things up and partially taking his talents offline. This time, he's not just live-streaming from a room filled with chaos and energy. He's on a college campus, building something bigger. The question on everyone's feed: What is Streamer University? According to Complex, Streamer University is a weekend-long program designed for content creators to level up their skills in real time.
Nikki Taylor White

2 weeks ago | afrotech.com | Samantha Dorisca

Through their roles, Nikki Taylor White And Obi Nwigwe are improving workplace safety at Amazon. Nikki Taylor WhiteBoth share a common mission to bridge the gap in technology and lead by example, with Amazon serving as their home base to pursue this work. White, a Howard University graduate, is the global director of ergonomics within Amazon's worldwide corporate health and safety organization. Her goals center on improving workplace safety and design on a global scale.
Is Klarna Shutting Down? Company Logs A Net Loss Of $99M In Q1

2 weeks ago | afrotech.com | Samantha Dorisca

Klarna will continue to operate as a financial tool that can benefit users looking to build or improve their credit. While the platform primarily performs soft credit checks, which don't impact your credit score or appear on credit reports visible to lenders, it still encourages responsible borrowing, its website mentions. Making payments on time and maintaining a positive repayment history can help strengthen your credit over time.
He Attended AFROTECHâ„¢ 2023 With A Goal To Return As A Speaker

2 weeks ago | afrotech.com | Samantha Dorisca

UX designer Roderick Wilkins strives to make the tech industry more inclusive. Tech JourneyThe Quincy, FL, native has always had a deep interest in technology and began fixing computers at a young age, which guided his educational pursuits at Florida A&M University (FAMU). He earned a bachelor's degree in information technology in 2019 and went on to Louisiana State University, where he earned a master's in digital media art and engineering with a focus on UX in 2021.
South Loop Ventures Raises $21M To Back Diverse Founders, Boost Houston's Tech Scene

2 weeks ago | afrotech.com | Chanelle Hayes

South Loop Ventures has officially closed a $21 million Fund I to support early-stage startups, with a strong focus on founders of color, TechCrunch reports. The Houston,TX-based venture firm is part of a growing movement to reshape who gets access to capital and where that capital flows. Fueling Founders From The Ground UpFounded in 2022 by Zach Ellis, South Loop Ventures, according to TechCrunch, focuses on seed and pre-seed investments, writing average checks of about $400,000.
Inspired By The Spirit Of Billionaire And Serial Investor Robert F. Smith, Will Huston Launched A $430M Hospitality Fund

2 weeks ago | afrotech.com | Samantha Dorisca

The spirit of Robert F. Smith inspired the launch of a multi-million-dollar hospitality fund. As AFROTECH™ previously told you, Smith is the founder of Vista Equity Partners, which invests in technology companies and fulfilled its largest raise to date in 2024, amounting to $20 billion to lay the groundwork for its focus on artificial intelligence (AI). Smith's strategy has served as a blueprint for innovation in the hospitality sector.