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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

Serena Williams Has Invested In 14 Companies That Have Gone On To Reach Unicorn Status, A Value Of $1B Or More

Serena Williams’ legacy extends far beyond her greatness on the tennis court. Following her retirement in September 2022, Williams focused more of her attention on the investment arena. With over a decade of investment experience, she took a pivotal step in 2014 by establishing Serena Ventures, a venture capital fund specifically designed to champion women and underrepresented founders, according to its LinkedIn profile. “I invest in a lot of companies, early companies, and I’ve always done this. I’ve actually been investing for over 14 years and just been an entrepreneur while I was playing tennis. It’s super important for me to make a plan B while I was doing my plan A,” Williams explained in a TikTok video. The VC endeavor resulted from Williams discovering the evident absence of venture capital directed toward certain demographics, which prompted her to become a vessel for change. As noted on its website, the company’s portfolio comprises 79% underrepresented founders, 54% women...

Samantha Dorisca

Apr 4, 2024

Serena Williams' Daughter Becomes Youngest Owner Of 2 Professional Sports Teams

Serena Williams’ daughter Alexis Olympia Ohanian, Jr. has made history once again!

Samantha Dorisca

Jun 9, 2023

Venus And Serena Williams Made 'Miami Dolphins History' As Minority Owners In 2009 — Today, The Team's Said To Be Worth $4.6B

While Venus and Serena Williams have made sports history on the tennis court, they’ve also made history beyond it. AfroTech previously reported the sisters were the first Black women to become minority investors in an NFL team after securing a stake in the Miami Dolphins.

Samantha Dorisca

Jun 1, 2023

Serena Williams Recalls Taking Her First Million-Dollar Check Right To The Bank — 'Just Put It In My Account'

Most people envision how exactly they’re going to spend their first big check once they receive it. In Serena Williams’ case, it was the opposite situation.

Ngozi Nwanji

May 25, 2023

Serena Williams Launches Production Company 926 Productions To Amplify Women And Diverse Storytellers

Serena Williams retired from tennis, but she hasn’t let up on putting fuel to the fire of her ventures.

Ngozi Nwanji

Apr 18, 2023

SoLo Funds Becomes First Black-Owned Personal Finance Platform With One Million Registered Users

SoLo Funds seems to have a lot to celebrate. According to a press release shared with AfroTech, it is now the first Black-owned personal finance platform to reach over one million registered users.

Samantha Dorisca

Feb 28, 2023

25-Year-Old Naomi Osaka Made An Estimated $51.1M In 2022, And Only $1.1M Came From Tennis

Naomi Osaka being inspired by Serena Williams, along with the 23 Grand Slam singles champion’s guidance, is coming full circle.

Ngozi Nwanji

Dec 22, 2022

Serena Williams Bets On The Multi-Billion Dollar Topical Pain Relief Market With A New Company

Who better than Serena Williams to help other athletes through their physical recovery?

Samantha Dorisca

Dec 9, 2022

Tennis Icon Venus Williams Reveals Her Biggest Hurdle As An Entrepreneur

When taking a look at the history of tennis, it’s an unarguable fact that Venus Williams is one of the trailblazers that paved the way. In the words of her fellow legendary sister, Serena Williams: “ I wouldn’t be Serena if there wasn’t Venus.” "I wouldn't be Serena if there wasn't Venus." Serena Williams shows love to her sister, Venus 💗 pic.twitter.com/3exRlhMAZZ — ESPN (@espn) September 3, 2022

Ngozi Nwanji

Oct 31, 2022

She's Just Serena — Ticket Prices To Watch Serena Williams In The U.S. Open Skyrocket To A 143 Percent Increase In 24 Hours

“I’m just Serena” is both a flex and a fact. Following the Arthur Ashe Stadium in New York City being packed for the first match of her final U.S. Open, the tennis legend proved yet again why she’s the greatest of all time. "Are you surprising yourself with your level?" Serena Williams: "I mean .. I'm just #Serena ." #USOpen pic.twitter.com/iJ2cUDMx5t — philip lewis (@Phil_Lewis_) September 1, 2022  

Ngozi Nwanji

Sep 2, 2022

Invest Like The GOAT: After Investing In Multiple Billion-Dollar Companies, Serena Williams Shares How She Spots Unicorns

Over the years, Serena Williams has proven that she’s the GOAT. Her prowess on the tennis court — a court from which she recently retired — has earned her a $240 million net worth, which has made her one of the richest self-made Black women in the world. But that’s only the beginning of the Serena Williams story. Today, the tennis player-turned-multihyphenate has made her money work for her. As AfroTech previously reported, Williams teamed up with another GOAT — basketball star Kevin Durant — to invest in Happy Viking, a plant-based superfood company owned by Williams’ beloved sister and fellow tennis GOAT, Venus. “Happy Viking has raised $2 million in an investment round led by Venus Williams, Serena Williams, Kevin Durant and Rich Kleiman’s 35V, Peloton Vice President of Fitness Programming Robin Arzón, professional golfer Michelle Wie West, soccer champion Megan Rapinoe, tennis star Reilly Opelka, and basketball stars Isaiah Hartenstein and Collin Sexton,” reads the press release...

Serena Williams And Kevin Durant Invest In Happy Viking, Venus Williams' Plant-Based Superfood Nutrition Company

Venus Williams has received backing from some heavy hitters for her plant-based superfood nutrition company. According to a press release, Happy Viking has raised $2 million in an investment round led by Venus Williams, Serena Williams, Kevin Durant and Rich Kleiman’s 35V, Peloton Vice President of Fitness Programming Robin Arzón, professional golfer Michelle Wie West, soccer champion Megan Rapinoe, tennis star Reilly Opelka, and basketball stars Isaiah Hartenstein and Collin Sexton. View this post on Instagram A post shared by Happy Viking Superfood (@drinkhappyviking) Participating investors also included Mates, Talent Resources Ventures, Parallel, and Oliver Trevena. “Venus is an incredible entrepreneur, and in getting to know her and the team she’s put together behind Happy Viking, it was clear to Kevin Durant and I that the company has set itself up for success. No one understands the health and nutrition space like a professional athlete, and Happy Viking is proof in product...

Samantha Dorisca

Aug 17, 2022