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Marcy Ventures Fund

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25-Year-Old Iddris Sandu Closes $10M Seed Funding Round For Tech Incubator Spatial Labs

In less than a year since launching its debut product, Spatial Labs — a technology infrastructure company — has announced another feat.

Ngozi Nwanji

Jan 26, 2023

The Jay-Z Effect? — Hip-Hop Billionaire-Backed Startup HUNGRY Among Inc.'s List Of Fastest-Growing Private Companies

Could Shawn “Jay-Z” Carter have the Midas touch when it comes to the startups he touches? It depends on who you’re asking. If you ask food tech innovation company — HUNGRY — the answer could be “yes” as the Hip-Hop billionaire-backed startup has once again found its way to the Inc. 5000 Fastest-Growing Private Companies list. It has managed to disrupt the food tech industry by providing corporate America with both amazing food and event solutions from top local chefs and restaurants. “It’s an incredible feat for a company focused on the corporate catering and events, especially given the last 2 1/2 years with the COVID pandemic,” said the company in a statement. “This year, HUNGRY came in at No. 1,218 on the 5,000-company list, making it part of the top 25 percent.”

Shanique Yates

Aug 19, 2022

Jay-Z, Kevin Hart and NFL Players Invest in 'Hungry' Startup

Hip hop billionaire Jay-Z continues to make power moves in business. For his latest business endeavor, the “4:44” rapper is teaming up with NFL players, including Bobby Wagner and Todd Gurley, to invest in Hungry’s $20 million Series B round, according to Forbes .   View this post on Instagram   A post shared by HUNGRY (@tryhungry) on Mar 5, 2020 at 6:38am PST However, this isn’t Hov’s first seat at this startup’s table. Last year,  Hungry, which connects chefs with companies looking for catered meals, saw a hefty investment from Mr. Carter’s $85 million Marcy Ventures Fund . Since, according to reports, there’s an uptick in Hungry’s valuation, attracting additional interest from comedian superstar Kevin Hart. “Hungry is leveling the playing field for chefs and giving them economic opportunities that they never had before. I’m a big supporter of what this business stands for,” Hart said. Hungry was founded in 2016 by brothers Eman and Shy Pahlavani. With the help of Jay-Z, Hart,...

Niki McGloster

Mar 6, 2020