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Atlanta-based startup company Carbice Corporation recently closed a funding round to invest in future expansion efforts. Carbice Corp. — founded by scientist Dr. Baratunde Cola in 2017 — produces multi-functional material solutions such as Carbice Carbon, a thermal-management material for spacecraft and other applications, to enhance the world’s most important electronic, energy and industrial products, according to its website. View this post on Instagram A post shared by Dr. Paul Judge (@pauljudge) The startup announced this week that it raised $15 million in a Series A investment round largely led by London-based investment firm Downing Ventures and additional funding provided by Toyota AI Ventures. We're excited to welcome @Carbice to the Toyota AI Ventures portfolio! Carbice's carbon nanotube technology lowers electronic device temperatures and dissipates heat. Read @Jim_Adler 's blog post to learn why we invested: https://t.co/6CAGcBbYu4 pic.twitter.com/W134JuX3z1 — Toyota...
Venerated entertainment industry magazine Variety has announced its newest partnership with a Black-owned tech company named Yappa. In a press release announcement, it was revealed that Yappa, an audio and visual commenting tool for the web, will be the exclusive new commenting solution for the magazine’s official website. The Yappa commenting widget will live at the bottom of each story throughout Variety’s website, allowing readers to leave audio and/or video comments based on what they just read or interacted with on the page. This partnership, which was made official as of yesterday, comes hot on the heels of Yappa’s most recent valuation of $200 million. They also recently secured more funding to further their technology, expand their team, and roll out new products. Jennifer Dyer, the Webby Award-winning CEO of Yappa, also said that this new infusion of funds will also allow the company to form partnerships with other online brands, including Vox Media, iHeart Radio, The Hill,...
Stories of online harassment have made news headlines for years during the increased age of social media. According to a survey conducted by the Pew Research Center, last year it found that 41 percent of U.S. adults have personally experienced some form of online harassment in at least one of six ways. This is why Black-owned tech company, Yappa was formed to intervene and create a more humane way for users to communicate online. Forbes reports that this week, the tech startup has raised a $3.5 million Series A funding round to double down on its exemplary efforts to restore positive virtual interactions online. Funding from the round — which was led by Future Media Limited — will reportedly go toward expanding the company’s existing features and launching new ones to further enhance its capabilities. Yappa — which was founded by Jennifer Dyer and Kiaran Sim back in 2015 — is a development-stage company that offers audio and video commenting services for Internet websites, its...
Black-owned startup Meroxa just secured a Series A funding round to make operating way easier for businesses. TechCrunch is reporting that the data operations facilitator — which is owned by Chicago, IL native, and current Bay Area, CA resident, DeVaris Brown — successfully raised $15 million in a Series A funding round led by Drive Capital. Existing investors Root, Amplify and Hustle Fund also participated in this round, which together with the company’s previously undisclosed $4.2 million seed round now brings total funding in the company to $19.2 million. What Meroxa does is something that every company could possibly benefit from. By implementing the program into your company, you’ll be able to “feed” data to the system from different tools, and the program processes it all without expensive and confusing technology. “We aren’t a point-to-point solution,” Meroxa co-founder and CTO Ali Hamidi explained to TechCrunch. “When you set up the connection, you aren’t taking data from...