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Jim Jones is a rap veteran who’s continued to drop new music, but also still has his eye on more ways to build his stature when off the mic. AfroTech previously shared a story about his digital coin, Capo Coin, which was minted in partnership with blockchain platform Zaptheory in 2021. As the recent crypto supporter has tapped into how the space is helping people create wealth, he’s now created what he believes is a “$1 billion idea” that could disrupt the music industry. According to CNBC, Jones has announced his new software company, Quarantine Studios — a metaverse music-recording platform — along with his business partner Jarman Hauser.
In a new expansion deal for Atlanta-based company Citiri , the Black-owned software company has just received a Series A growth investment from Pensacola-based RCP Equity to help them transform airport and transportation operations, Black Enterprise reports . Citiri — a leading provider of Operational Readiness software that helps manage major airport and public transportation construction projects — announced the new funding as it looks to scale up and increase its number of new airport and transportation improvement projects, largely brought on by the COVID-19 pandemic, according to a press release . The new funding will also increase the need for greater stakeholder involvement in the commissioning and pre-commissioning processes, and pressure to lower costs as construction budgets are expected to shrink, a press release states . This funding round will ultimately help Citiri serve more airport and public transit customers as well as accelerate expansion into other industries...