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Vori Raises $10M In Series A Funding Round For Its Technology That Ensures Access To Food

When AfroTech last spoke with Forbes 30 Under 30 Black Honorees Brandon Hill and Tremaine Kirkman, their startup Vori had secured $5.7 million in funding. This year, the digital B2B wholesale app has raised even more capital to disrupt the grocery industry.

Aug 5, 2022

Clare, A Black-Owned Paint Brand That's Taraji P. Henson-Approved, Closes An $8M Series A Funding Round

Black entrepreneurs are consistently creating innovative brands that are disrupting the standard traditions of industries, and Nicole Gibbons — founder and CEO of Clare — is one of them. Leading what’s said to be the only Black-owned paint brand in the U.S., the interior designer has spearheaded simplifying the process of paint shopping through technology. Founded in 2018, Clare has found success within the paint industry and has received co-signs from the celebrity likes of Taraji P. Henson, who has previously highlighted it as one of her favorite Black-owned businesses. View this post on Instagram A post shared by taraji p henson (@tarajiphenson) In its latest feat, Clare has announced an $8 million Series A funding round led by Pendulum, a newly formed growth-stage fund, according to a press release shared with AfroTech. “We are excited to lead Clare’s Series A and play a role in powering the company’s next stage of growth,” said Ron Mackey, managing director at Pendulum....

Feb 10, 2022

Entrepreneur Tera Carissa Hodges Is Amplifying Women Empowerment With Black-Owned Greeting Cards

There are a plethora of ways to help empower others, and Black entrepreneur Tera Carissa Hodges has created a way that’s both sentimental and personal. The empowerment coach teamed up with Culture Greetings, a female and Black-owned greeting card brand, to empower women, according to Black News. Hodges’ collaboration is an example of how holidays and celebrations shouldn’t be the only time to show love to those around you. The 10 greeting cards within the brand’s breakthrough and empowerment line revolve around trials and tribulations such as breakups and job loss — tough times where one needs support most. “I help people heal from their past by embracing their past and pain and seeing it as purposeful. Everyone has made mistakes, been lied to, endured unfair treatment, etc. But, when you own your story, your story can never own you,” the Black entrepreneur shared. Culture Greetings’ customers can pick a card online and customize it with a personalized message. The cards will then...

Feb 7, 2022