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Showing 10 results for:

mishas-kind-foods

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NBA Star Chris Paul Becomes Equity Partner In Black-Owned La Fête Wine

Chris Paul means business when it comes to supporting companies that help in strengthening the Black community — just take a look at his investment portfolio. In August 2021, the NBA star invested in the plant-based protein shake and smoothie company Koia to create access to healthier eating for the underserved, as previously reported by AfroTech. In the same month, Paul participated in a $3 million seed round for Misha’s Kind Foods, a Black-owned vegan cheese brand. Now, he has added another Black-owned brand to his investments. Paul has joined La Fête Wine Company as an equity partner, according to a press release. Being a businessman that’s all about inclusivity, he and the brand’s missions perfectly align. “Not only is Chris an incredible athlete and businessman, but he’s also a wine enthusiast who is vocal and passionate about representation & inclusivity in the wine industry,” said Donae Burston, Founder & CEO of La Fête Wine Company. “He is a natural fit for our team, and we...

Feb 1, 2022

Michael Jordan, Giannis Antetokounmpo Invest In Watch Startup Projected To Hit A $1B Valuation

Billionaire Michael Jordan has marked himself as a shrewd investor. Now, the National Basketball Association (NBA) legend is investing in his passion for luxury collectibles. WatchBox, an e-commerce platform for collectible luxury watches, has secured a $165 million round of equity capital, according to a press release. It was led by The Radcliff Companies and The Spruce House Partnership. Other participants include CMIA Capital Partners and NBA stars such as Michael Jordan, Giannis Antetokounmpo, Chris Paul, Karl Anthony Towns and Devin Booker. “Our investors and partners hail from a wide range of industries, from consumer to technology, finance and professional sports, yet we are all bound by our love of watches. When we founded WatchBox, our vision was to build a brand that would engender trust so that we could unite a passionate network of enthusiasts. With that foundation we are now able to use technology to create the best customer experience in the industry,” said Justin...

Nov 23, 2021

One-Year-Old Crypto Startup Ejara Raises $2M To Aid Francophone Africa

According to a report, two percent of global cryptocurrency transactions are currently housed in Africa — an alarming statistic for a continent housing over one billion people who serve as the demographic for the smallest cryptocurrency market in the world. On a mission to change this, TechCrunch reports Nelly Chatue-Diop founded Ejara to serve as a cryptocurrency and investment platform within Francophone Africa. Little did she know, a financial crisis she experienced at a young age due to the devaluation of the CFA franc in 1994, would lead her to launch the tech company, which would provide additional avenues to accumulate income. Now — just about a year after its launch — Ejara has raised a $2 million seed funding round led by CoinShares Ventures and Anthemis Group. Other participants included angel investors Pascal Gauthier of Ledger and Jason Yanowitz of Blockworks along with a syndicate social fund, Lateral Capital, Mercy Corps Ventures, LoftyInc Capital and NetX Fund.

Oct 7, 2021

The Blueprint: A List Of Jay-Z's Investments Into Black-Owned Companies Over The Years

In response to the age-old question, “$500,000 or dinner with Jay-Z,” we’re here to save you some money. The man born Shawn Carter probably won’t be sitting down for dinner anytime soon with any of you, but he’s definitely laid out his business moves in black and white for your edification. You might even say he left people “The Blueprint” to his success. Back in 2010, Warren Buffett sat down with a young Jay-Z and walked away impressed with the up-and-comer’s commitment to success. “Jay is teaching in a lot bigger classroom than I’ll ever teach in. For a young person growing up, he’s the guy to learn from,” said the billionaire to Forbes Magazine. Buffett’s predictions proved correct. Today, Hova is one of the few Hip-Hop billionaires on the planet today, with an estimated net worth of $1.4 billion. Even in years that he doesn’t release music or go on tour, Jay-Z is good for about $500 million a year, by one estimate. And this is to say nothing of how his marriage to fellow icon...

RZA, Violife Award $100K To Five Black-Owned Restaurants To Make Plant-Based Eating More Accessible

Living a plant-based lifestyle is becoming more popular and Violife’s new program — backed by Wu Tang’s RZA — is set to help the growing community. While the plant-based market grows, Black-owned restaurants have hit losses during the pandemic. According to a press release, Violife launched its annual Plant Grants program to “help these restaurants give everyone – vegans, flexitarians, and the plant curious alike – an easy and inspired way to eat more plant-based food every day.” The vegan cheese brand selected five recipients to receive funding of $20,000 each. “With the 2021 Plant Grants program, we’re tackling plant-based food inequity head on by empowering Black-owned restaurants to offer more plant-based dishes to their communities – dishes that will delight customers and keep them coming back for more,” Lisa Akey , Head of Away from Home Marketing for Violife said in a statement. As a vegan himself, RZA aligned with Violife’s mission toward more plant-based food accessibility...

Sep 17, 2021

Curastory Founder Tiffany Kelly Raises $2.1M Seed Round To Help Athletes Monetize Their Video Content

It’s no secret that collegiate athletes have been cashing in on deals after recent changes to the name, image and likeness (NIL) laws. Now, one startup wants to help them take advantage of the changes by cashing in through another method — the monetization of video content. Curastory — a creator tool — helps student-athletes by “connecting brands in need of video content with athletes, influencers and actors who create video content and are willing to create directly for brands,” Sport Techie reports. “So if you have a video talking about your pregame meditation routine, multiple brands can sponsor that, like Calm,” Founder Tiffany Kelly told Sport Techie. “As opposed to making an influencer post for Calm, it’s natural. You don’t mention Calm, other than audio and logo attribution between breaks, and Calm’s logo just so happens to be on the video.” The unique technology not only allows athletes to have more creative power over their digital content, but Curastory also opens doors...

Sep 15, 2021

Beyoncé, JAY-Z and Tiffany & Co. To Support HBCUs With $2M Scholarship Fund

Jay-Z and Beyoncé are giving back to Historically Black Colleges and Universities (HBCUs) with their latest scholarship fund. After breaking the internet with their Tiffany & Co. ABOUT LOVE campaign, the power couple has recently announced the ABOUT LOVE scholarship. View this post on Instagram A post shared by BeyGOOD (@beygood) According to a press release, “Tiffany & Co. pledged USD $2M in scholarship funding for students in the arts and creative fields at Historically Black Colleges and Universities (HBCUs).” “This opportunity is timely as our students come from many different socioeconomic backgrounds. These funds will have a tremendous on who we recruit and our students’ success as they move on to graduate and professional schools and into their careers,” said Dr. Jack Thomas, the President of Central State University, in a statement. The scholarship is in partnership with Tiffany & Co., BeyGOOD and the Shawn Carter Foundation. The press release states a $2 million donation...

Sep 9, 2021

Kaash Paige Enters The Gaming Industry As The First Female Artist To Reportedly Invest In An Esports Organization

Black women in the music industry continue to make business moves. R&B singer Kaash Paige recently became the first female recording artist to invest in an esports organization. According to a press release, on Sept. 2 Paige invested in Team 33 — a Hollywood-based invite-only esports team. As a seasoned gamer herself, Paige believes that “the future of music is going to tie into gaming” and hopes to be a part of esports’ impact. “I made a significant investment in Team 33 because I have always been passionate about the eSports industry, and I wanted to be the first female recording artist to co-own an eSports team that I can collaborate with and promote my music and concerts through,” Paige said in a press release. Paige first joined Team 33 as a celebrity ambassador in 2020, shortly after Team 33 launched in November. Now, her investment puts her alongside fellow artists like Ty Dolla $ign and 24kGoldn. “To be the first in the entire world to have a female recording artist as a...

Sep 7, 2021

Juicy J Is More Than Music — And He's Got An Expansive Portfolio With A $25M Net Worth To Prove It

When Juicy J got his first check as a rapper , he got himself an extravagant gift. His “big splurge?” A Maybach. “I put rims on that car. I put some speakers on it, and I just went around the neighborhood and tried to smash every girl that I possibly could—because I was wretched like that,” he said exclusively to Men’s Health, at the time. Juicy J clearly didn’t have a financial adviser — or any semblance of financial literacy — at the time the Three 6 Mafia broke into the mainstream with their now-classic album, “ Mystic Stylez. ” If he did, he’d know that a car — any car, whether it’s a Yugo or a Maybach — is considered a depreciating asset (in other words, one that loses value over time) that loses its value the second it’s driven off the lot. Fortunately, the rapper born Jordan Houston in Memphis, TN, wisened up — and very quickly. Thanks to the advice of some very intelligent financial advisers, Juicy J educated himself on things such as stocks, returns on investment, and...

Jay-Z And Chris Paul Invest In $3M Seed Round For Black-Owned Vegan Cheese Brand Misha's Kind Foods

If you’re waiting for Jay-Z to slow down when it comes to his money moves, you’ll probably be waiting a long time. According to a press release, his latest business venture is with Phoenix Suns’ Chris Paul as the two businessmen have helped raise a $3 million investment round for Misha’s Kind Foods — a vegan cheese brand. The seed funding round included participation from Jay-Z’s Marcy Venture Partners (MVP) firm, Paul and branding firm Lisa Shamus & Partners. “The mission of Misha’s directly aligns with our values,” said MVP Co-founder Jay Brown in a press release. “When we first discovered Misha’s we found some immediate synergies. We embrace companies that value sustainability, empowerment, inclusivity, accessibility, convenience, health and wellness, and personal expression.” Plant-based investments is far from new territory for both Jay-Z and Paul. According to VegNews, Jay-Z helped raise $300 million for Impossible Foods and has invested  in other vegan brands such as Partake...

Aug 27, 2021

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