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Mary J. Blige Steps Into The Footwear Market With Her Highly-Anticipated Boot Release And Sells Out Within 24 Hours

Mary J. Blige’s fans have been asking her for a boot collection for years. Now, the music legend has delivered on her promise. In May 2023, the “Good Morning Gorgeous” singer exclusively shared with AFROTECH™ that her signature boot line was on the way. “It’s in the works,” Blige told AFROTECH™ at the time . “For some reason, this is taking longer than everything else, but we’re gonna get there. Trust me. Everything else is here so that’s on its way.” The time has officially arrived as Blige teamed up with Giuseppe Zanotti in May 2024 for “The Mary Boot.” What’s more, she was a part of the design process. “Giuseppe Zanotti and Mary J. Blige have transformed their longtime friendship into an exclusive, limited-edition collaboration,” Giuseppe Zanotti shared on its Instagram page. “‘The Mary Boot,’ a stunning over-the-knee boot co-designed by the two talents.” View this post on Instagram A post shared by Giuseppe Zanotti (@giuseppezanotti) During the 2024 Strength of a Woman Festival...

Ngozi Nwanji

May 15, 2024

How This Mompreneur And Her Daughter Landed At A Mary J. Blige Festival After Frequently Getting 'Kicked Out' Of Other Vending Opportunities For Their Restaurant

Mary J. Blige’s Strength Of A Woman Festival (SOAW) returned for a Mother’s Day takeover in a new city this year, along with new faces and places to support. “We started doing pop-ups at bars, and it was just me and my daughter,” Chef Shelly Flash of 2 Girls & A Cookshop told AFROTECH™ during the third annual SOAW, the festival’s first time appearing in Blige’s home of New York, NY. “We used to get kicked out all the time, and it’s like we just had a mission. We were like, ‘We should share our food with the world because we’re first-gens, and a lot of times first-generation Jamaicans, we’re not represented.’ Either you’re all in the culture or you’re in this melted pot. We are always in this floating melting pot. We live in the best city in the world — that’s New York — and so what we decided to do is just keep putting out one Jamaican taco at a time.” She added, “And in Jamaica, we always say ‘Out of many, one person.’ At 2 Girls we say, ‘Out of many, one culture.’ We believe that...

Shanique Yates

May 14, 2024

After Becoming The Youngest And First Black Female Partner Ever At GV, Terri Burns Is Launching Her Own VC Firm

Back in 2020, Terri Burns made history at GV (formerly Google Ventures) as not only its first Black female partner but also its youngest-ever partner at age 26, as previously shared by AFROTECH™. The promotion came after she joined the investment arm of Alphabet in 2017. Now, the history-maker is spreading her wings to take on building out her own venture. Fortune reports that Burns is launching her firm, Type Capital. “To the next generation of founders… you’re exactly our type,” Burns wrote via Instagram when announcing her new firm. View this post on Instagram A post shared by Terri Burns (@tcburning) According to Fortune, the 30-year-old was moved to start Type Capital after seeing a trend of venture capitalists investing in companies only after seeing fellow VCs show interest first, which she describes as “heat.” Burns aims to change the status quo by taking the lead and pursuing risks “driven by true innovation,” not by other investors. “They’re talking to amazing investors,...

Ngozi Nwanji

May 13, 2024

Piersten Gaines' Pressed Roots, Which Is Backed By Naomi Osaka, Now Has Four Locations Thanks To Expansion To Houston, TX

Piersten Gaines’ Pressed Roots is now on location No. 4 and counting. Houston Chronicle reports that the blowout bar for textured hair has opened a new salon in Houston, TX. Located in the Centre at Post Oak, the new spot accommodates 50 hair stylists, the outlet details. Before having four brick-and-mortar locations in Dallas, Arlington, Plano, and now, Houston, Gaines and the Pressed Roots team did popups around the time the company’s vision first came to life in 2018, as previously reported by AFROTECH™. After having her share of poor experiences at hair salons, Gaines created the company’s business model to fill the void of access to affordable, quality styling for textured hair of all types. “We spend a lot of money, a lot of time in salons, and the level of services just do not match the money we’re spending,” Gaines told Fortune. “Our goal is to make quality hair care accessible.” Moreover, to ensure that hair health, time, and top-tier customer service are prioritized for...

Ngozi Nwanji

May 10, 2024

Backpack Healthcare Closes $14M Seed Funding Round Geared Toward Combating Youth Mental Health Crisis

This healthcare company is one funding round closer to fulfilling its goal of making mental health care more accessible. Backpack Healthcare shares in a press release that it has officially completed a $14 million Series A funding round led by Healthcare Capital. Also participating were ECMC, Techstars, Collab Capital, Bridge Builders Collaborative, Portland Seed Fund, Hopelab, Rethink Education, Genius Guild, and Unlikely Collaborators. Additional angel investors included Maya Ghosn Bichara and Jeffrey Walker. Founded in 2018 by Hafeezah Muhammad, the company uses artificial intelligence (AI) technology to combat the current youth mental health crisis through its app and teletherapy services, specifically honing in on those with Medicaid insurance coverage. “The funding we have raised underscores the U.S. healthcare system’s need for more inclusive, tech-enabled solutions to tackle the growing pediatric mental health crisis,” said Muhammad, who also serves as the company’s CEO....

Shanique Yates

May 10, 2024

Slutty Vegan Founder Pinky Cole Hayes Gifts $8.9M To Savannah State University Graduates To Set Them Up For Entrepreneurial Success

Savannah State University’s class of 2024 have received a favorable start in their next chapter. According to her Instagram, while serving as commencement speaker, Slutty Vegan and Bar Vegan Founder Pinky Cole Hayes shared the news that $8.9 million would be gifted to the Georgia Historically Black College and University (HBCU) graduates in partnership with Operation Hope and One Million Black Businesses (1MBB). “We are excited about this fantastic opportunity for our students and grateful to Mrs. Cole Hayes for leading this investment opportunity,” Savannah State University Interim President Cynthia Robinson Alexander, said, according to VegOut. The investment will support an “Entrepreneurial Starter Pack,” which will gift students with mentorship from 1MBB, educational resources, a free three-month subscription to Shopify, and an eight-week small business training course that will encompass business plan development and financial management, VegOut notes. “I am passionate about...

Samantha Dorisca

May 7, 2024

After Landing Her Dream Job On Wall Street After College, Ashley M. Fox Built Empify Out Of A Desire to Become The Client And Help Others Do The Same

Ashley M. Fox has had dreams of working on Wall Street since she first decided to attend Howard University. Little did she know that this vision would soon propel her into entrepreneurship. After conquering what some would deem the inevitable, Fox not only became the first person in her family to attend and graduate college, but she also landed her dream career of working with one of the largest banks in the world. Still, there was a desire for more. “After about eight months at my job, I felt like I didn’t have the desire to be the best person on Wall Street, I wanted to be like the client,” Fox told A FROTECH™. “I realized that no matter how long I stayed in my Wall Street job, yes, I was making perfect money, but our clients had at least $25 million or more and I felt like I deserved to be on the other end of the table.”   View this post on Instagram   A post shared by Ashley M. Fox (@_ashleymfox) Fox built that table for herself and those who look like her through Empify. “The...

Shanique Yates

May 1, 2024

Meet The Co-Founders Behind Arbit, An AI-Powered Sneaker Resale Price-Prediction Startup That Has Raised $1M In Funding

Venita Cooper’s passion for sneaker culture has led her to become an entrepreneur -turned-tech-founder. In 2019, Cooper opened Silhouette Sneakers & Art in Tulsa, OK, after working as a K-12 educator in the Mississippi Delta through Teach for America. She was brought to Oklahoma because her parents decided to retire, Cooper told AFROTECH™ in an interview. With no entrepreneurial background, the thought of launching her own business never crossed her mind until 2018, when the idea of opening a sneaker store was presented to her. “At first I thought it was crazy ’cause I was like, ‘I’m not an entrepreneur. I’ve never done anything like that before,'” Cooper said. “One of the things that I’ve learned is that to start a business and to run a business, to me, the No. 1 skill is the ability to make good decisions consistently and quickly. I always ask investors and other founders who have successful companies, what is the characteristic that they can identify as that No. 1 characteristic...

Samantha Dorisca

Apr 29, 2024

How A Designer Who Disrupted The Fashion World Thanks To A Virtual 3D Show Secured A Partnership With A Premium Bourbon Brand

You can’t place Anifa Mvuemba’s creativity in a box. Back in 2020, the Hanifa founder and fashion designer shook up the fashion world with a virtual 3D show on Instagram for her collection, Pink Label Congo, inspired by her home country of the Congo. From then on, Mvuemba continued to implement her self-taught tech skills into her work, as previously reported by AFROTECH™. Now, Mvuemba has taken her fashion expertise into new territory — the spirits industry. In February 2024, it was announced that she and Sergio Hudson are partnering with premium bourbon brand Woodford Reserve. During a New York Fashion Week (NYFW) dinner, Mvuemba spoke about previously feeling like she was approached by brands for their own gain and image, per WWD. View this post on Instagram A post shared by Anifa M (@anifam) In an email interview with AFROTECH™, Mvuemba shared , “As a Black designer, navigating the barriers that come with being shortlisted for collaborations merely to fulfill a diversity...

Ngozi Nwanji

Apr 25, 2024

Blavity Inc. Forms The AFROTECH™ Advisory Board To Be A Driving Force For Innovation And Inclusivity In Tech

Blavity Inc. has assembled a coalition of leaders to drive equity in technology. In a news release, the technology and news media company has shared it has formed the AFROTECH™ Advisory Board. The board will dedicate its focus to workplace equity and ensuring underrepresented employees, founders, and startups can obtain access to capital and economic mobility.   View this post on Instagram   A post shared by AFROTECH (@afro.tech) “Mobilizing this consortium is a crucial move towards amplifying our impact and reach in creating a more equitable tech industry,” Morgan DeBaun, founder and CEO of Blavity Inc., said in a press statement. “Our concerted effort will focus on practical initiatives that not only enhance workplace equity but also promote significant access to capital and opportunities for our community’s members.” The AFROTECH™ Advisory Board includes representatives of Amazon, American Express, Black Economic Alliance, Chewy, GAP, Google, Infoblox, Jordan Brand, Lam Research,...

Samantha Dorisca

Apr 18, 2024

Founder Aisha Bowe Went From Failing Community College Courses To Securing A $947M Government Contract For Her Company STEMBoard

Aisha Bowe is an inspiration for Black women who aspire to work in the space industry. As previously reported by AFROTECH™, Bowe is a former rocket scientist for NASA and received the National Society of Black Engineers award for Outstanding Technical Contribution. However, before earning accolades, the aerospace engineer struggled to find her footing in her academic journey. In an interview with the “Earn Your Leisure” podcast, Bowe recalled not doing well during her time at community college. “I bombed the first semester,” Bowe told hosts Rashad Bilal and Troy Millings. “I think I’m going to be a business student and study economics.” Ultimately, struggling in community college led her to pursue a dream that she thought was once unachievable — becoming a rocket scientist. So, she transitioned into aerospace engineering at the University of Michigan, although people around her didn’t understand why she was pursuing the career. “They literally thought that I had lost it,” she said....

Ngozi Nwanji

Apr 17, 2024

Founder Amira Rasool's The Folklore Raises $3.4M To Continue Its Movement Of Helping Brands Gain More Economic Opportunities

In less than five years, The Folklore has set itself on a path of consistent evolution. Launched in 2018, founder Amira Rasool created her company as an e-commerce retailer to help African fashion designers gain more economic opportunities . Now, in addition to Africa and the diaspora, The Folklore is catering to more marginalized communities and pivoted to a B2B wholesale platform that’s expanded its services. Moreover, new and existing investors have joined in for its expansion. According to a press release shared with AFROTECH™, The Folklore has raised $3.4 million in a seed funding round, bringing its total amount raised to $6.2 million. As previously shared by AFROTECH™, in 2022, the company raised $1.7 million in a pre-seed funding round — making Rasool one of the youngest Black women to raise over $1 million in a pre-seed round for a fashion and lifestyle brand. The Folklore’s seed round was led by early-stage VC firm Benchstrength, the press release discloses. Fellow...

Ngozi Nwanji

Apr 17, 2024

This E-Mobility Company Opened Ghana's First EV Assembly Plant To Contribute To Creating A More Sustainable Africa

Ghana is stepping up to the plate to be a part of Africa’s electric vehicle (EV) movement. Wahu Mobility seems up for the challenge as it has opened Ghana’s first EV assembly plant that has the capacity to build about 200 e-bikes per month, CNN reports. The e-mobility brand was founded to create a more sustainable last-mile delivery option.   View this post on Instagram   A post shared by Valerie Labi (@valerielabi) “It really kind of struck me that I didn’t want the mobility to be fulfilled by petrol motorbikes,” Wahu Mobility Co-Founder and CEO Valerie Labi told CNN. “By 2030, there will be 30 million delivery riders across Africa and it just made me think, as a continent, we are more conscious around becoming sustainable and moving to net zero.” Labi added, “And transport was just a huge opportunity to make a difference in that way.” According to the outlet, Wahu Mobility’s e-bikes take around four hours to charge. Labi also noted that the e-bikes were designed to suit Ghana’s...

Ngozi Nwanji

Apr 16, 2024

Chris Paul Partners With Black-Woman-Owned Fintech Company To Create Savings Accounts For 1,400 Oakland Middle-School Students

Chris Paul has entered into a partnership that considers the financial futures of the youth. Goalsetter, a fintech company founded by Tanya Van Court, has shared results from a study it conducted with Ivy League university students revealing a significant lack of understanding when it comes to personal finances. When surveying 1,065 undergraduate students from Harvard University, Stanford University, and the University of Pennsylvania, t he study revealed that the students answered on average only 51% of its financial education questions correctly. The questions were at the high school standard, and the percentage of acuity decreased even further when looking at only underclassmen, with scores of 48%. Furthermore, only 13% of students who took the quiz scored above a C-. To create better outcomes, Goalsetter is committed to targeting financial initiatives towards the youth, and the company is strengthening its efforts through a partnership with NBA player Chris Paul, Oakland Fund...

Samantha Dorisca

Apr 15, 2024

Elaine Welteroth Founds Birth Fund With Serena Williams' Backing To Pay Costs For Midwifery Care For Families

Journalist and TV host Elaine Welteroth and tennis-champion-turned-entrepreneur Serena Williams have joined forces to address the alarming maternal mortality crisis in the United States. In April 2024, a Time op-ed from the two mother powerhouses was released in alignment with Black Maternal Health Week. Williams has been open about her first childbirth in 2017 being life-threatening and causing her to undergo four surgeries afterward. Moreover, Welteroth has shared her own experience of feeling unsafe with doctors after becoming pregnant in 2021 — leading her in the direction of midwifery care, which she described as “the best decision I ever made,” per a previous Time piece. Now, the two are taking a step further than just raising awareness. According to the latest Time article, Welteroth has founded Birth Fund, a coalition that works to support families in the U.S. who can’t afford the out-of-pocket costs of midwifery care. The mission behind Birth Fund initially started in...

Ngozi Nwanji

Apr 12, 2024