Majority Black venture capital firm announces $110 million fund to invest in entrepreneurs of color

A majority Black venture capital firm, helmed by a technology veteran, a Hollywood producer, and a former mayor of Washington, D.C., is leading a new $103 million fund to seed young companies started by people of color.

MaC Venture Capital, based in Los Angeles and Silicon Valley, is the result of a 2019 merger between Cross Culture Ventures, founded by Marlon Nichols, and M Ventures, co-founded by Adrian Fenty, Michael Palank and Charles D. King, who was the first Black partner at a major Hollywood talent agency. It has already invested in 25 companies.

The firm’s philosophy: Women and people of color should be represented in the business and cultural life of the nation, particularly in the tech industry that drives so much innovation and so much of the economy.

“We want to get as close to a crystal ball as possible,” Nichols told USA TODAY in an interview. “If human behavior is driving everything, then we should look at which of these emerging trends will be the new social norm.”

MaC Venture Capital belongs to a new wave of venture capital firms and a new generation of venture capitalists shaking up the status quo.

These investors don’t invest exclusively in entrepreneurs of color but make sure entrepreneurs from diverse backgrounds who’ve been largely overlooked by venture capitalists get an equal shot at Silicon Valley success.

Among those championing a more diverse set of entrepreneurs are Plexo Capital’s Lo Toney, Backstage Capital’s Arlan Hamilton, Equal Ventures’ Richard Kerby and Precursor Ventures’ Charles Hudson.

With the new fund, MaC Venture Capital says it will make 40 investments, with an average investment of $1 million. Limited partners include Foot Locker, Goldman Sachs, Bank of America, and Howard University.

“It’s important to approach the investing game without bias,” Nichols said.

The vast majority of entrepreneurs who land venture capital funding are white men, much like the financiers who hand it out. Venture capitalists tend to place their bets on people who’ve already succeeded or who remind them of the people who have.

Black and Hispanic entrepreneurs face significant hurdles – insular networks, negative stereotypes, and racial discrimination. A tiny fraction of start-ups led by people of color attract venture dollars.

For example, despite gains, Black women and Latinas combined make up less than 1% of all venture capital investment, a recent study by Digitalundivided, a nonprofit that supports female entrepreneurs of color, found.

. . .

Keep reading the full post from USA Today.

More News

Members News Coverage

10 Areas Where VCs Are Looking To Invest In 2025

StoreCash’s new app lets you instantly earn cash back at stores

Marlon Nichols talks relationship building in the African markets

VC Firms Take Different Approaches in L.A.

MealMe, the startup integrating food ordering tech into apps, picks up $8M

THE BEST INVENTIONS OF 2024

Exclusive: MaC VC raises $150 million for its third fund in four years

Carta Acquires Tactyc, Giving Private Funds Data-Driven Insights to Strategize and Allocate Investments in Real Time

13 creator-economy startups to watch in 2024, according to top VCs

Laid Off From Big Tech? Here Come the Rebounder Founders

Rebuilt LOST iN Travel Guides Go Hyperlocal, Debut With Venice Beach

How GoCardless And Pipe Want To Change Financing For UK SMEs.

Fin: Sustainable Logistics Company Raises $7 Million (Seed)

Read the pitch decks of 6 startups looking to disrupt dating apps and social networking that have raised millions

LOST iN is signing creators to be the face of its brand. Here’s how it’s avoiding the BuzzFeed pitfall.

Why FullyRamped Thinks AI Is The Key To Training Up The Sales Team

Volta Space Technologies unveils plans for lunar power satellite network

Safire Group Raises $8 Million in New Financing to Deliver Lithium-ion Battery Safety Technology to Government, Automotive Markets

GenAI rise spurs investor interest in AI infrastructure plays

Buzz Solutions Harnesses AI To Prevent Wildfires And Blackouts

AfyanRekod has been named the ‘Fastest Growing HealthTech Company’

RYFF UNITES INDUSTRY EXPERTS TO SHAPE AI ETHICS FOR IN-SCENE ADVERTISING

Exclusive: Lost In acquires batch of travel social accounts

The four-wheel cargo bike makers seeking to oust vans from cities

Kamala Harris, Tech, and the DNC

Inc. 5000 Names Arine Among Fastest-Growing Private American Companies

SPILL Brings New Investors Into Its Inclusive Social Media Conversation

David Oyelowo’s Mansa to Launch FAST Channel Celebrating Black Culture on Roku | Exclusive

Travel Publisher Lost In Acquires BuzzFeed’s Bring Me! Franchise

Lifting the Veil on Chef and The Future of Embodied AI in the Food Industry

Robot-packed meals are coming to the frozen-food aisle

Agent to Investor, with Mike Palank

ELONEX AND RYFF ANNOUNCE IN-SCENE OUT-OF-HOME ADVERTISING PARTNERSHIP AT MAD//Fest

11 VC firms funding the next phase of the creator economy, from AI-powered tools to e-commerce startups

See the 14-page pitch deck Jukin Media vets used to raise $4 million to disrupt travel media

Former Jukin Executives Acquire LOST iN Travel Publisher, Launch New Site

Exclusive: Former Jukin execs raise $4M for travel media brand

Behind the Curtain of Early Stage VC | Marlon Nichols, MaC Ventures

AMAZON PRIME VIDEO’S STEVE COX APPOINTED CEO OF RYFF; SHIRLEY RICHTER HUGHES FROM R&CPMK TO LEAD SALES

Stoke Space test-fires new booster engine

The Business Journal’s annual LA500 celebrates the most influential leaders and impactful executives in Los Angeles.

AMC Theatres Strikes Distribution Deal With Mansa, A Free Streaming Outlet Focused On Black Culture Whose Co-Founders Include David Oyelowo

10 Black-Owned Startups To Watch (Outside Silicon Valley) According To Investors

Pipe has been selected as a winner of the American Business Awards

Mahmee Collaborates With Health Net to Provide Expecting and New Parents With Additional Doula and Wraparound Maternity Support

Autodesk acquires AI-powered VFX startup Wonder Dynamics

This new social media app succeeds in two spots where Twitter failed

Patient Care Innovations by Intel® Liftoff’s Healthtech Startups

The quest for a better tampon comes as women’s sports surge

Ava DuVernay’s Array Releasing Partners With Mansa Streaming Service To Distribute Select Film And TV Titles

The Seed 100: The best early-stage investors of 2024

Xona Space Systems closes $19M Series A to build out ultra-accurate GPS alternative

AI Gets to Work: How 7 Startups Are Deploying AI Right Now

World’s Best Digital Health Companies 2024

Leaders In Payments Podcast: Luke Voiles, CEO of Pipe

U.S. Creator Funding Surges for First Time in Two Years

Pipe Launches Embedded Capital-as-a-Service for Small Business

How AI is helping to prevent future power cuts

Cambium is building a recycled wood supply chain

Buzz Solutions Raises $5M to Accelerate Adoption of its AI-Powered Platform for Visual Grid Infrastructure Inspections and Monitoring

A new wave of social-networking startups has emerged. Here are 3 ways they are making money while scaling.

7 prominent VCs investing in social startups explain where they’re placing their bets amid a tough market for consumer apps

Sequel Tampons Launch Direct-to-consumer in California and New York

Mansa Launches FAST Channel of Black Content on Amazon’s Freevee

Deic Power 100 List

Fintech One•On•One: Luke Voiles of Pipe

How to Make Shipping to Grocery Warehouses and Distribution Centers a Success

SNAP recipients can now shop at an online-only grocery store

Geospatial technology startup Nuview acquires Astraea to accelerate plans ‘years faster’ than imagined

58 Black investors changing the venture capital industry with firms that fund diverse startup founders

Chef Robotics Hits 10M Meal Milestone in Under Two Years. The Secret? AI-Powered Robots Trained With Lots of Field Data

Spill is Apple’s App of the Day!

David Oyelowo’s Mansa to Launch FAST Channel Celebrating Black Culture on Roku

Meet the founders of 18 startups disrupting the social-media

Team Feature: Irys Placida Kornbluth

Chef Robotics eyes commercial kitchens with $14.75M raise

UK Last Mile Delivery Start-Up Fin Acquires Urb-It

This Startup Aims to Rival SpaceX With Reusable Rockets

Providence Saint John’s Health Center and Mahmee Partner to Expand Breastfeeding Services and Enhance Maternal Health Care

Making Cash More Equitable: StoreCash CEO

US Spotlight: Top 50 fintech companies transforming business finance & lending in 2023

Meet 10 Black Male VCs Leading Venture Capital Firms Managing $100M+

The UrbanGeekz 50 List 2023

Tech entrepreneur from Baltimore started the nation’s largest Black-owned fintech platform, a peer-to-peer microlender

Baltimore-area startup raises $5.3M to repurpose wood meant for the landfill

CONSUMER TECHNOLOGY. Creating the products that better your everyday life

30 Under 30 2024: Meet The Young Artists And Designers Reimagining How We See The World

The 4 next big things in transportation for 2023

Shekel Mobility, a B2B marketplace for auto dealers in Africa, raises $7M led by Ventures Platform and MaC VC

Prolific VC firm MaC Venture Capital shares its investment thesis for Africa

In Conversation with MaC Venture Capital

He was laid off by Elon Musk. Within hours, he had a plan to outdo Twitter

Made In Kenya: Local venture helping Kenyans digitise their medical records

The 14 most promising creator economy startups of 2023, according to top VCs and investors

A New Global Perspective

Media boss brings focus to connectivity divide

Winners of the first Intel AI Hackathon in Africa

Swsh’s new app helps you maintain your friendships through polls and games

A hotspot for fintech investing is the wonky world of regulation. Here are 12 compliance startups set to take off.

Washington reusable rocket startup Stoke Space raises $100 million

Crate: Get Your (Online) Life in Order

Athlete Investing Marketplace PredictionStrike Raises $10 Million Series A Round

Young startups are feeling the pinch as seed funding is no longer the rare bright spot in a VC winter

The Exploding World of Micromobility-First Freight With Finmile CEO Rich Pleeth

Startup Radar: VCs on Black-founded startups you need to know

VFX artists show that Hollywood can use AI to create, not exploit

54 up-and-coming fintechs transforming Wall Street and the way consumers bank, trade, invest, and pay, according to 34 top investors

Podcast episode with Black Tech Green Money

Ex-Pinterest Staffer Launches AI App to Beat Pinterest, Raises $5 Million

Lifeline for renters as rent now, pay later solution hits market

Voiceflow, a platform for building conversational AI experiences, raises $15M

Fleeing Elon Musk’s X, the quest to re-create ‘Black Twitter’

A Startup Designed a New FDA-Cleared Tampon. Now It Has to Sell It

Ox Launches Complimentary Productivity Assessment to Enhance Warehouse Efficiency

Twitter alternative Spill aims to recreate the magic of Black Twitter in a safe space

EXPONENTIAL EXCHANGE CLOSES $7.4M SEED ROUND TO FUND FURTHER DEVELOPMENT OF RISK MITIGATION TOOLS FOR THE AUTOMOTIVE ECOSYSTEM

73 of the most promising startups of 2023, according to top VCs

Exponential Exchange Launches First Tradeable Used Vehicle Index

Gradia Health Secures $4.2M in Seed Funding to Improve Ongoing Care for Patients With Chronic Conditions

I’m cofounder of a Black-owned certified B-Corp tech startup. Here are the 3 most important lessons I learned

Black-Owned Social Platform Spill Becomes Twitter’s Rival In Real Time As Users Migrate And Help It Reach No. 1 In The App Store

Avala Launches Platform For Ethical AI Deployment

LA500 2023: Marlon Nichols

Cyber Crusaders

Spill, Twitter’s New Rival, Just Launched And Already Has Its Eyes On Becoming The First Unicorn Black-Owned Social Platform

Meet Fursure Pet Insurance.

Twitter competitor Spill launches in beta on iOS.

DwellWell Launches the First Conversational AI Experience for Homebuyers.

Actor Leonardo DiCaprio Invests in NUVIEW’s LiDAR Satellite Constellation.

Haiqu raises $4 million in pre-seed funding to boost adoption of near-term quantum computing.

Ryff unveils Spheera AI virtual product placement platform.

AWS announces startups selected for the AWS accelerator.

The Seed 100: The best early-stage investors of 2023.

AMC Theatres Strikes Distribution Deal With Mansa, A Free Streaming Outlet Focused On Black Culture Whose Co-Founders Include David Oyelowo.

Stoke Space has received repeated investments from the venture arm for the U.S. intelligence community.

Nothing Ventured Podcast Primer – Michael Palank.

These are the 2023 CNBC Disruptor 50 companies.

Politics is Like Venture Capital. Really!

Mobility Fintech startup, Shekel Mobility, raises $1.95M in pre-seed funding.

Meet Shekel Mobility, the fintech powering car dealerships in Africa.

Nuview emerges from stealth with plans to map the Earth using lidar.

Ox Raises $12.6M to Pioneer Human Centered AI to Dramatically Improve Frontline Supply Chain Operations.

Real Estate Tech Company DwellWell Solves Every Homebuyer Need in One Place.

Founded by actors, Mansa brings its free streaming service for global Black culture out of stealth.

Mahmee Launches an All-inclusive Care Membership and Announces New Additions to Company Leadership During Black Maternal Health Week.

The Insider Series | Navigating Nigeria’s Proptech Space: Opportunities & Challenges.

Portfolio construction trends and best practices with CEO Anubhav Srivastava.

Your Gen Z Co-Worker Is Hustling More Than You Think.

Virtual Product Placement Can Help Hollywood’s and Advertisers’ Sustainability Problem.

Drone startup co-founded by a political refugee lifts $4M funding to deliver sushi and smoothies within 4 minutes.

Ryff’s CEO Roy Taylor At The Adweek Convergent TV Event.

With a TikTok Ban on the Horizon, Zigazoo Is Working To Attract Teens.

Kid-focused short video app Zigazoo launches a TikTok competitor for Gen Z.

March Madness Limited Edition Collectors Sneakers That Drake And Justin Bieber Shop From Culture Kings Pop-Up At Caesars Palace Las Vegas.

Spill CEO promotes his Twitter alternative app at SXSW.

Wonder Dynamics puts a full-service CG character studio in a web platform.

Bringing Health Food to the Masses, One Delivery at a Time.

The Store-Brand Groceries You Actually Want.

Macro Announces $90 Million Minority Investment Led By BlackRock Alternatives.

Nick Green, Co-Founder & CEO, Thrive Market & Melissa Repko, Retail & Consumer Reporter, CNBC.

BlocPower Announces $150 Million Financing, is Honored by Vice President Harris, Unveils Corporate Rebrand.

Serena Ventures backs SoLo Funds as finance platform tops 1M registered users.

Archetype wants to help developers build a metered API billing solution.

WWE to partner with Zigazoo, the No. 1 Social Media App for Kids, in the weeks leading to WrestleMania 39!

How online grocer Thrive Market is thriving—with no plans to ever open a brick-and-mortar store.

Thrive Market: Entrepreneurial Lessons In Becoming One Of America’s Best Startup Employers | Forbes.

Brands that matter.

Thrive Market Healthier grocery delivery.

FIA announces 10 startups selected for 2022 Innovators Pavilion.

A NEW SOLUTION FOR HEDGING USED VEHICLE PRICE EXPOSURE AMID INCREASING VOLATILITY.

Exponential Exchange Raises Pre-Seed Funding to Develop Asset Risk-Mitigation Tools.

Pipe Hires New CEO As Founders Make Way For Scale-Up Experience.

This Radar Tech Startup Just Raised $17 Million To Make Automated Driving Cheaper And Safer.

Three months ago, he was laid off from Twitter. Now, his competing app Spill is funded.

The Twitter Employees Who Created a New Social Platform.

BIPOC CREATORS TO LAUNCH TWITTER ALTERNATIVE ‘SPILL’ FOR BLACK, OVERLOOKED ‘CULTURE DRIVERS’.

Twitter is a mess, so former employees are creating Spill as an alternative.

HOW FORMER TWITTER WORKERS WILL CHALLENGE ELON MUSK WITH A RIVAL APP CALLED SPILL.

The best way to get an electric car discount? Try leasing.

AFYAREKOD LAUNCHES UNIVERSAL PATIENT PORTAL.

Dr Viral Patel of Radish Health On 5 Things We Need To Do To Improve The US Healthcare System.

The Frustrated Athletes Who Reinvented the Tampon in Their Stanford Dorm Room.

Bill Gates’ Climate Investment Firm Is Backing This Reusable Rocket Startup.

Blaze makes coding more accessible with AI-driven, no code app builder.

New money from old shows: why TV is betting big on ‘virtual product placement’.

Top 10 startups across 10 trending industries in 2022.

Buzz Solutions Announces $3.3 Million Round of Funding to Continue Safeguarding the World’s Energy Infrastructure

Expanding the scope of product placement

Tinder co-founder’s Jam Fund backs Fun’s $3.9 million raise

New York Power Authority Deploys AI Technology for Drone-captured Power Grid Safety Analysis

How to Use the Recurring Revenue Financing to Accelerate Growth with Michal Cieplinski, Pipe

Adrian Fenty: From Mayor of Washington DC to Venture Capitalist.

Wyvern raises $7 million for hyperspectral imaging constellation

Zevvy Announces Its Official Launch Alongside $5.4M in Seed Funding to Offer a D2C Consumer Financing Platform for Electric Vehicles

Fursure, The First Financial Platform For Pet Parents, Closes $3 Million Fundraise Led By MaC Ventures

DwellWell Raises $4.5M to Further Its Homebuying Guidance Solution

Mayor Adams, BlocPower Announce Significant Expansion of Precision Employment Initiative to Provide Green Jobs to New Yorkers Most Impacted by Gun Violence

Ryan Breslow bolts into pharmacy with $7.5M seed

Nigerian data and intelligence company Stears raises $3.3M, backed by Mac VC and Serena Ventures

Spleet has raised $2.6million to scale its residential rent focused products.

Nigerian proptech Spleet gets $2.6M led by MaC VC to scale its property management products

Meet Pipe, The $2 Billion Start-Up That Created A New Asset Class To Help Growing Businesses Raise Cash

How One Young Entrepreneur Discovered A Way to Improve Supply Chain Logistics With Augmented Reality

Sports Stock Market App PredictionStrike Raises $3 Million Seed Round Led by MaC Venture Capital

Bolt’s Ryan Breslow Is Back As CEO Of A New Startup Called Love

Black Founders Fund: Meet the recipients

An Architect, A CEO, & More Latinx Professionals On How They Use Makeup To Reclaim Their Space At Work

From Elite Athletes to Startup Founders: How Sports Empowered Two Femtech Entrepreneurs to Build a Better Tampon

50 Startups That Rose as America Locked Down

Sean Moran Named Executive Chairman of Virtual Product Placement Company Ryff

Doubling Fund I to Raise a $203M Fund II, What Makes a Stellar Founder, and Why a Market Downturn is a Great Time to Invest in Startups, with Marlon Nichols of MaC Venture Capital

Building with Transpose: Create your own NFT Portfolio Tracker

MEDU takes in $4M to develop reusable personal protective equipment

This company wants your post-industrial textile waste.

AfyaRekod Universal Patient Portal launches in the UK

Cracking the real world ‘cocktail party problem’ in voice AI with Ken Sutton and Hamid Nawab, Yobe

Axiom taps Epsilon3 software platform for space station development

Meet the ex-Amazon satellite engineers wanting to disrupt hardware workflow

How Spleet became a fintech solution for tenants and landlords in Africa

Backed by Iyin Aboyeji’s Future Africa, Spleet raises $625k in pre-seed round to build rent financing and tenant verification solutions for Africans

Bolt cofounder Ryan Breslow is launching a health-tech startup to take on big pharma and decentralize clinical trials

LA500 2022: Marlon Nichols

AMP Global Partners With MaC Venture Capital Raising $5.6 Million To Expand Its Blockchain-Based Video Platform

Brand Entertainment Czar Jae Goodman Joins Ryff Board

Handsome App Launches Mastermind Coaching

FaZe Clan goes public, a market bet on Gen Z and the creator economy

Black-Owned Beauty And Tech Company Mayvenn Raises $40 Million In Series C Funding Round; Plans To Use Capital To Expand Partnership With Walmart

Former STX President Sophie Watts Joins Board of Ad Tech Firm Ryff (Exclusive)

Moonbug Entertainment And Kids Social Platform Zigazoo Launch ‘Blippi’ NFT Collection

Kenyan HealthTech AfyaRekod launches Universal Patient Portal for worldwide health data mobility management

Introducing the first 50 recipients of the Latino Founders Fund

RARES Has An NFT Cure For Your Ls On The Nike SNKRS App

The Memo A 23-Year-Old Used Instead Of A Pitch Deck To Raise $4.5 Million For Her Startup

Finli puts service-based business payment management in the palm of your hand

The Most Influential People in LA, 2022

Afya Rekod BBC Interview

MaC Venture Capital Marlon Nichols Talks with Collision

NBA Invests in Celebrity-Backed Kids’ Social Network Zigazoo

MaC Venture Capital Announces $203M Fund II After Strong Fund I Performance

Closing The Racial Gap In Venture Capital Funding

Epsilon3 raises $15 million for space project management platform

Entrepreneur and Early Childhood Education Advocate Named EdTech CEO of the Year

Identity Verification API Eases Fraud Concerns in Africa’s Digital Space

Launching Xona’s Ravens: Commercial Satnav from LEO

Memorandum of Understanding signed by Hexagon | NovAtel and Xona Space Systems for development of assured precision PNT technology with new LEO constellation

Identitypass, an identity verification API for Africa, raises $2.8M seed funding

Blockchain entertainment company, AMP Global, raises $5.6 million to expand its watch-to-earn offering

Here’s the startup playbook to survive lean times, a formula that underrepresented founders have long been forced to learn but have thrived while using it

Fixing a broken system – Mahmee CEO Melissa Hanna on patient-centric maternal care | E1464

Ryff Reaches 40+ Million Viewers with New ReachTV Partnership

The 2022 CNBC Disruptor 50 list: Meet the next generation of Silicon Valley

The United States is in a maternal health crisis, Goldman Sachs wants to change that

Edge Delta rakes in $63M for its distributed approach to data observability

Does a Toddler Need an NFT?

The Recent Resurgence of Dance-Based Fitness Is as Much About Catharsis as Cardio

The Seed 100: The best early-stage investors

RARES Has an NFT Cure for Your Ls on the Nike SNKRS App

Meet The Cornell MBA Bringing Equity To VC

Transpose Raises $3 Million Seed Round to Revolutionize Web3 Data Infrastructure

In The Future, Freelance Workers Will Dominate Over Full-Time Employees

Crypto universe: How a 13-year-old makes millions selling NFT art

Scoop: Zigazoo debuts kid-safe NFTs from Moonbug and Serena Williams

Reema Health Secures $8 Million in Seed Funding Round

Ryff and Insight TV to Connect Brands With Ad-Avoidant Millennials

Archie aims to remove the complexity of managing freelancers

TIME100 MOST INFLUENTIAL COMPANIES OF 2022

The Advent Of Voice: Why CMOs Should Look To Voice AI As The Future Of Advertising

Everywhere Apparel Announces New B2B Payment Platform for Recycled Wholesale Apparel

Big Cabal Media, parent company of TechCabal and Zikoko, raises $2.3M seed funding

Cambium Carbon Raises $3M in Seed Funding To Reinvent the Wood Supply Chain and Radically Reduce Carbon Emissions

Ryff Partners with Triple-B Media for Brand Integration in 10,000 Hours of TV Content

Pareto thinks it shouldn’t be so hard to collect lead-generation data

How Big Cabal Media became one of the fastest-growing news outlets in Africa

The Evolving Venture Stack – Episode 19 Podcast

Michael B. Jordan tapped Serena Ventures and MaC Venture Capital to award one Black-owned business $1 million. Meet the entrepreneurs who gave it their best pitch.

LaSalle Investment Management Selects Technology Provider RealBlocks for $77B Global Business

GE & Afya Rekod simplify access to medical records to enhance patient experience in Africa

Pipe expands into media and entertainment financing with its acquisition of Purely Capital

Black Futures Month: Four Black Leaders Who Walk The Talk

RYFF AND MVAULT ENABLES VIRTUAL PRODUCT PLACEMENT FOR 20,000 TITLES

66 Black founders and investors to watch in 2022

Democratizing Access to Capital in Times of Need

11 African startups to watch out for in 2022

Wyvern adds $4M in new non-equity funding for its in-demand hyperspectral imaging tech

Meet Afya Rekod’s Founder and CEO John Kamara

Edge Delta Grows 65% MoM to End FY22

Episode 82: Enabling AI-Powered AR Navigation For Driving with Chen-Ping Yu

No plastic clamshells here: Zero Grocery aims to eliminate unnecessary plastic in grocery delivery

A Black woman’s guide to venture-capital fundraising: How to pitch investors, build a support network, and raise millions.

Afya Rekod, Kenyan startup closes its seed round at $2 million to scale across Africa

Afya Rekod, Kenyan startup closes its seed round at $2 million to scale across Africa

BlocPower 2021 Highlights

Top Trends in Promo – 2022

Kenya’s Afya Rekod raises $2m seed funding to digitise health record

Epsilon3 lines up $2.8M seed round to modernize space and launch operations

The most powerful offline messaging applications for Android phones 2022

Sote Raises $4 Million Seed Extension Round to expand its solution offering into Fintech

Sote, An African Supply Chain Company, Raises $4M In A Seed Extension Round

Spora Health Launches Employee Healthcare Benefit Program to Improve Outcomes for People of Color

Expanding ADAS roles for radar and cameras

Space startup Wyvern raises $4.5M and joins YC’s latest cohort

On The Hunt For New Asset Classes – Recurring Revenue, Co-Working, Carbon, Crypto & More

StoreCash Introduces App that Brings Financial Literacy to Minority Communities and Teens

StoreCash Introduces App that Brings Financial Literacy to Minority Communities and Teens

Spartan Radar Applauded by Frost & Sullivan for Delivering Highly Innovative 4D Radar Solutions to the Automotive Industry

Wonderschool Raises $25 Million To Tackle Childcare Challenges With Investment From Goldman Sachs As Part Of Its One Million Black Women Initiative

40 Social Entrepreneurs to Watch for in 2022

Kenyan sisters support health workers during pandemic

UNESCO AI Ethics Impacting 2022 Global Startups And Humanity’s Billions

Phiar Technologies Works with Qualcomm to Transform Automotive Cockpits with Spatial AI-powered AR HUD Navigation to Reduce Driver Cognitive Load

TechCabal is Africa’s most important tech media company

Rares Is ‘Investing In Culture’ And Giving Access To Sneaker Share IPOs On Its New Trading Platform

Sequel Launches To Raise Standard of Women’s Consumer Products, Starting With A Patented Better Performing Tampon

Health And Wellness Platform Sequel Cofounded By Two Stanford Engineers Raises $5 Million

Rocket Companies scoops up Truebill for nearly $1.3 billion in major fintech play

The 20 booming DTC companies to bet your career on in 2022, from Vuori to Harry’s

PlayVS Adds Recreational Esports and Overwatch to Play Roster

AI-powered VFX startup Wonder Dynamics raises $10M A round

Bill Gates’ Breakthrough Energy leads $65M funding round for Stoke Space’s reusable rockets

Efficient AI For Edge Computing — Part 1: Background

Tye Sheridan, Nikola Todorovic AI/VFX Startup Wonder Dynamics Raises $9M; Epic Games, Samsung Investors

Q&A with Donnel Baird, Founder of BlocPower

Universal Music Group and Genies Announce Global Partnership to Develop Avatars and Wearable NFTs

Jeff Bezos climate fund gives millions to energy efficiency start-up BlocPower

60 Best San Jose FinTech Startups – The Future of FinTech

New Banking App Allows Users To Earn Money Back At Major Retailers

New Banking App Gives Users 15% Cashback At Major Retailers And Helps Build Financial Wealth Amongst Low-income Communities

Black Entrepreneur Launches Banking App To Help Teens Build Financial Futures With 15% Cashback Program

SoLo Funds Becomes The Only Black-Owned Fintech Startup To Acquire B Corp Certification

The State of Tech & Culture: New Space

Want to glimpse our metaverse future? Theme parks are already on the case

DRAFTKINGS BETS ON FAZE CLAN IN ITS LATEST ESPORTS PARTNERSHIP

Startups and newcomers disrupting primary care – VatorNews

Eugenio Derbez’s 3Pas Studios Teams With Encantos To Develop Kids Entertainment Content

Habitat for Humanity and United Way Partner with SoLo Funds’ New Initiative SoLo Causes: ‘Make an Impact’

The First Disney-Pixar Battle Arena Game Is Coming to Apple Arcade

The Psychology Behind Meeting Overload

Venture capitalist Marlon Nichols invests in diverse, visionary founders

Former NFL player creates site to invest in sneakers

This U.S. city just voted to decarbonize every single building

Spartan Radar Adds $15 Million to the War Chest in Series A to Disrupt ADAS & AV Sensor Market

VP Kamala Harris tours JFK Airport amid climate initiatives to reduce greenhouse gases

VENTURE CAPITAL FUNDING FOR BLACK FOUNDERS REACHES RECORD HIGH—CAN THE MOMENTUM LAST?

Rares to IPO the World’s Most Expensive Sneaker at ComplexCon

SEVENTH AVE, INC. Raises $2.5M Seed Round led by MaC Venture Capital

Meta (Facebook) is buying Within, creators of the ‘Supernatural’ VR fitness app

Financial institutions that leverage underserved communities should provide value to those communities

Population Health Partners With Ready Responders

TEDMonterey | A Close-To-Home Solution For Accessible Childcare

Youth-Focused Digital Platform FaZe Clan Inks $1 Billion SPAC Deal to Go Public

Black Entrepreneur Daricus Releford’s Fintech Startup StoreCash Is Taking the Teen and Young Adult Banking Industry by Storm

Alternative financing startup Pipe snaps up Stripe and HubSpot execs, expands to UK

Seventh Ave: Home Of Black Voices

Rares, the platform democratizing investments

Gerome Sapp’s Sneaker Investment App Rares Secures $4M In Seed Funding Round

MaC’s investment in Dance Church

Michael B. Jordan, Serena Ventures, MaC Venture Capital Partner To Give HBCU-Bred Founders A Chance To Win $1M

Dance Church raises $4.7M to get your bootie back on the (virtual) dance floor

Nine Caribbean Americans Making Their Mark On The Global Tech Space

Black Entrepreneur Daricus Releford’s Fintech Startup StoreCash Is Taking the Teen and Young Adult Banking Industry by Storm

Innovators List 2021: 15 Hollywood Disrupters, From Netflix’s Scott Stuber to Chloé Zhao

Behind Her Empire: How Yumi CEO Angela Sutherland Overcame Self Doubt

Fintech Startup Bolt Sees Valuation Surge to $6 Billion

Nike Air Yeezy Prototype Buyer Rares Secures $4 Million in Funding

Sneaker Investment App Rares CEO on $4M Fundraise, Growing the Platform

What to know about Alexis Ohanian’s funded space company

Retail trading meets fantasy sports with Predictionstrike

The Future of [X] is Decentralized

9 (More) Caribbean Diaspora Members Making Their Mark In Global Tech

Founded by Blue Origin veterans, Starfish Space raises $7M for satellite servicing tug

Phiar Technologies Secures $12 Million Series A and Names Google Head of Android Automotive Platforms as CEO

Google’s provider of at-home Covid-19 tests is now a $3 billion company traded on Nasdaq

Xona Space Systems fully funds GPS-alternative demo mission

Alternative financing startup Pipe snaps up Stripe and HubSpot execs, expands to UK

Mayor de Blasio Launches $37 Million Violence Intervention Employment Program

Wild Earth Launches Cell-Based Pet Food As It Raises a Fresh $23 Million

To commercialize, voice tech must first solve its ‘cocktail party problem’

Silver Lake, Endeavor Invest in Tempus Ex as Larry Fitzgerald Joins Board

PredictionStrike Raises $1.7 Million In Capital And Launches New Mobile App

Stoke Space stakes its claim in the launch industry’s rush to fully reusable rockets

Athlete-Turned-Techpreneur Gerome Sapp’s $1.8M Yeezy Prototype Sneaker Purchase Is Giving Back To The Culture

Gerome Sapp Is Using His Status as a Former NFL Player to Invest in Sneakers

Fractional Ownership: From Sneakers to Jets

Are Sneakers the Next Asset Class Investment? Rares CEO Says Yes!

EIGHT COMPANIES JOIN CATALYST ACCELERATOR’S DIGITAL ENGINEERING FOR SPACE APPLICATIONS: MODELING AND SIMULATION COHORT

BK Climate Tech Startup One of 15 Awarded a Spot in Nationwide Apple Accelerator

The Top 25 Women Leaders in Financial Technology of 2021

McDonald’s links with esports giant FaZe Clan to spotlight diversity in gaming

State of New Mexico expands child care assistance with new program

Spora Health Raises $3 Million Seed Plus Funding Round Led by Refactor Capital, M13, and MaC Venture Capital, Appoints Dr. Louis Capponi as Chief Medical Officer

Low-waste economy hits its groove

FinTech Female Fridays: Meet VP, Marketing & Communications, Yasmin Moaven

Your TikTok Stream May Soon See AI-Supported Product Placement

ED-Tech Firm Encantos Aims To Improve Remote Learning

Ryff raises $11.7M for its real-time brand integration

Whisper’s AI-powered hearing aid system is making its way to Android

Physical stores go hybrid with micro-fulfillment centers

Canadian Conversational AI Design Tool Voiceflow Raises $20 Million In Series A

There are many misconceptions about Africa; Platform Capital’s Africa Walk is changing that

The Greatest Esports Teams in Terms of Value

Visiting US investors explore business opportunities in Nigeria

Facebook, Ajua sign agreement to empower African SMEs

Octane AI Raises $5 Million to Help Shopify Merchants Personalize Ecommerce Experiences

Edge Delta Announces Live, Interactive, Open Environment for Free and Unlimited Exploration

Investors don’t expect the US startup funding market to slow down

Startups and newcomers disrupting primary care

Funding To Black Startup Founders Quadrupled In Past Year, But Remains Elusive

VNSNY CHOICE And Arine Address Member Health Needs With Technology-Enabled Comprehensive Approach During COVID-19 Pandemic

Arine partners with the California Right Meds Collaborative, a pharmacist-provider program of the USC School of Pharmacy

Social Impact a Focus of the 2021 Microsoft Partner of the Year Awards

This photo-sharing app may be an Instagram killer

Social Media for Kids: Zigazoo is The Next Big Thing

2 women entrepreneurs — one in tech, one in food — reveal what worked in getting investors on board and raising millions for their businesses

Early learning hub created with foundation’s $100K grant to help providers share services

The British CEO of Pipe, a startup that’s reached a $2 billion valuation in less than a year, says he’s locked out of the US because of a crisis-level backlog in immigration processing

OTT Ad Tech’s Biggest Challenges (and a Few Solutions)

How Virtual, Cloud-Based Technologies Are Powering the Next Industrial Revolution

Something Ventured Part 2: It’s ‘Up And To The Right’ For Sote Founders And Their African Logistics Platform

STATE OF BLACK ENTRPRENEURSHIP AND FUNDRAISING 2021

How One Company Combats Predatory Loans And The Never Ending Cycle Of Debt For Black Women

Black-Owned Media Collective Launches to Help Brands Meet New Ad Commitments

Camila Cabello, Paris Hilton, and Priyanka Chopra Invest in Avatar Startup Genies

This startup is training doctors to deliver better care for people of color

Edge Delta raises $15M Series A to take on Splunk

Firefly Supercharges Out-of-Home Advertising Network Through Acquisition of Curb Taxi Media

Revolutionizing Maternal and Child Healthcare with Melissa Hanna

18 investors and VC firms funding innovative startups in the creator economy and influencer industry

$JOBS No Experience Necessary: New Koch Collaboration with Catalyte Removes Barriers to Transformative Careers

Encantos Appoints Anna María Chávez as Chief Impact Officer

FOOD & WINE Names the 25 People, Products, and Movements Transforming the Way We Eat and Drink

Sneak pic: A close-up of new ‘anti-selfie’ Poparazzi app and the future of digital photo-sharing

WATCH: Harlem Capital Juneteenth Event

How The Vision Of This Female Founder Has Created Unrivaled Access For Black Voices In Media

Podcast: Marlon Nichols — MaC Ventures

VCs boost investment in Black- and Latinx-owned fintechs

Business leaders can fuel the next generation of Black innovators and entrepreneurs. Here’s what it will take

Yobe uses AI and microphones to isolate voices in a crowd

Accelerating innovation: transforming voice-based products for the future

Startup Shorts – Yobe is Tracking the DNA of Sound with MATLAB

Encantos’ Learning App Will Be Powered by a Network of Creative Educator-Authors

Black, Latinx and female entrepreneurs are still ignored by most venture capitalists

Venture Diligence at the Seed Stage

The funding gap for Black founders of social apps

BLCK VC: Board Service on Venture-Backed Companies

Tik Tok for Tykes: The Social Streaming Company Driving The Next Evolution in Kids’ Media

A social media app that’s truly safe for kids? Celebrities bet on Zigazoo

How majority Black VC firm MaC Venture Capital raised a $110 million fund: A founding managing partner outlines the firm’s journey

Four strategies for getting attention from investors

Constructing a Venture Fund Portfolio Model

Closing on $110M, MaC VC is changing the face of venture capital

MaC Venture Capital Closes $110M Fund Aimed at Diverse Founders

MaC Venture Capital’s founders on their $110 million inaugural fund

MaC Venture Capital Raises Inaugural $110 Million Seed Fund

MaC Venture Capital Raises Its First Fund Of $110M To Invest In Seed-Stage Companies

MaC Venture Capital Raises a $110M Inaugural Fund to Invest in Visionary Tech Leaders Building the Future

MaC Venture Capital Announces $110 Million in Inaugural Funding

March Forth: Changing the Game in Venture Capital

Pipe, which aims to be the ‘Nasdaq for revenue,’ raises more money at a $2B valuation

Marlon Nichols x Just Go Grind Podcast

Preveta Raises $2M To Coordinate Care For Early Disease Detection

MaC Venture Capital Raises a $110M Inaugural Fund to Invest in Founders Building the Future We Want to See

Co-founded by a leader of SpaceX’s missions operations, Epsilon3 wants to be the OS for space launches

How VC Investor Marlon Nichols Went From The Basketball Court To The Boardroom

Normalizing venture capitalism in the Black community

Culture as Currency with Marlon Nichols, Managing Partner at MaC Venture Capital

Black Venture Capitalists Look to Even the Playing Field With Diverse Investors

Marlon Nichols will discuss how to secure seed funding at TechCrunch Early Stage 2021

10 VCs say interactivity, regulation and independent creators will reshape digital media in 2021

Venture Unlocked Episode 15 – Marlon Nichols

Elevator Pitch Ep. 8: ‘Imagine If Jimi Hendrix and Beethoven Got Together for an Epic Jam’

SALT Talks: Marlon Nichols | Managing Parter, MaC Venture Capital

Marlon Nichols’ Journey Into Venture Capital

Elevator Pitch Ep. 1: What Could You Build With Another $500,000?

The State of Tech & Culture: The Gaming Takeover

Listen Here: The StartUp to ScaleUp Game Plan x Marlon Nichols

Marlon Nichols x No Bull Business’ #ImaLittleBuzzed on Diversity and Inclusion

‘Diversity is an Interesting Thing’: MaC Venture Capital’s Marlon Nichols on ‘Diversity Theater’ and What He’ll Do with New Funds

Listen Here | Marlon Nichols on the I’m a Little Buzzed Podcast

How do you make VC more diverse? Maybe start with the training schemes

Listen Here | Marlon Nichols on Investing in Cultural Trends on the Be Atento Podcast

We’re Tired

Listen Here | Marlon Nichols on the Season Premiere of the Founder Clinic Podcast

Goldman Sachs Announces 2020 Launch With GS Black and Latinx Entrepreneur Cohort

Listen Here | Marlon Nichols on The Road Untraveled Podcast

Watch | Marlon Nichols x Black Angels Miami

‘You Haven’t Seen The Pain’ Yet | Marlon Nichols in Protocol

Watch Here | Raising Venture Capital Funding During COVID-19 Webinar

Registration Now Open | Raising Venture Capital Funding During COVID-19 Webinar

Goldman Sachs Seeks to Help Black and LatinX Founders Accelerate their Growth

Guidelines for Managing Through This Pandemic and Economic Downturn

Marlon Nichols, Investing in The Future For The Rest Of America

Launch With GS Black and Latinx Entrepreneur Cohort

Deconstructing the Pipeline Myth and the Case for More Diverse Fund Managers

Listen Here: MaC VC Managing GP, Marlon Nichols on the Founder Fundamentals podcast

LA Venture Podcast features MaC VC General Partner, Mike Palank

Marlon Nichols Joined other leading VCs as TechCrunch Battlefield Judge

Marlon Nichols, Icon Mann

The State of Tech & Culture: Conscious Consumer

Marlon Nichols on Culture as a Currency

Moving Up Podcast featuring MaC VC’s Marlon Nichols

In the Arena, featuring Marlon Nichols

Marlon Nichols named to Aspioneer’s Revoltionary CEO’s, 2019

NASDAQ premiers new show “The Breakthrough” with guest Marlon Nichols

Marlon Nichols featured on the cover of The Jamaica Observer

Startup Grind’s VC Corner with Marlon Nichols, Cross Culture Ventures

Forbes: Marlon Nichols Is Changing The Face of Venture Capital

Breaking into Startups: Venture Capital Deep Dive w/ Cross Culture Ventures’ Co-Founder Marlon Nichols

The State of Tech & Culture, Culture A$ Currency

State of Tech & Culture: UNperfect Parent

Learn More About Adrian View All News By Adrian Learn More About Marlon View All News By Marlon Learn More About Michael View All News By Michael Learn More About Charles View All News By Charles

View More Portfolio Company News

Select Another Portfolio Company