Somewhere Good; Afrobytes 5th Edition; $50K beauty grants for Black Beauty founders; Pitch Please!
A weekly newsletter for Black and Brown women highlighting entrepreneurship and venture capital in the tech ecosystem.
Welcome to Issue #52 of For Colored Girls Who Tech, a weekly newsletter for Black and Brown women highlighting entrepreneurship and venture capital in the tech ecosystem. We are a community-centric newsletter so feel free to reach out if you’d like to partner with us or share stories, tips, or questions. If you enjoy our content, we encourage you to like this post above and share it with your community!
California no longer will require social distancing. Oatly, a vegan milk maker, raised roughly $1.4 billion in an IPO. Clubhouse is now available worldwide on Android. TF1 and M6, France’s two biggest private broadcasters, agreed to merge. Farewell (again) to Microsoft's Internet Explorer. Snap’s new Spectacles let you see the world in augmented reality. Twitter reopened its verification process.
Today is the last day to apply for a FREE brand audit! Our partner, bbp, a tech-specialist creative agency is offering one lucky entrepreneur, male or female, a brand audit worth $20,000!!! Work with a mix of strategists and creatives who will Review, Recommend, Refresh and React your digital brand!
INSIGHTS
Growth firms, not VCs, are the most active investors in new unicorns this year, and they’re doubling down
-Gené Teare / Crunchbase
What I Learned About Startups by Collecting 30,000 Data Points
-Ali Tamaseb / DCVC
Venture Fund Portfolio Construction
-Kauffman Fellows
2021 Impact Report - Wage Inequality in the Workplace
-Hired
Family Office Survey Report 2021
-First Republic and Oper8r
OPPORTUNITIES, FUNDING & COMPETITIONS
The OnRamp Impact Conference features curated, one-on-one pitch sessions between selected startup social enterprises and participating organizations. Startups apply by May 25, 2021.
Apply to TechCrunch Battlefield Pitch and pitch on the main stage at TC Disrupt in front of thousands of investors, press, partners and tech evangelists. Apply by May 27, 2021.
JLH Fund will provide up to $1,000,000 in grants to Black led nonprofit organizations and Black owned businesses. Apply by May 28, 2021.
Cloud 100 and Rising Star Nominations close on May 31, 2021.
Halo Incubator, an 8-week incubator for women-led startups focuses on education, launch and growth activities, networking, and fostering an inclusive community. Apply today-program begins June 1, 2021.
The New C-Suite, an initiative from Cosmopolitan and digitalundivided that celebrates and honors women of color entrepreneurs. Apply by June 4, 2021.
Uncharted is launching a six-month initiative to support eight very early-stage social entrepreneurs, movement builders, and nonprofit innovators who are tackling wealth inequality in the U.S. Win $25k in unrestricted funding. Apply by June 28, 2021.
The Global Good Fund Fellowship is a 12-month program supporting the leadership development of social enterprise leaders across the globe. Apply by June 30, 2021.
Nominations are now open for this year's VC Unlocked: Silicon Valley Online program! For emerging leaders who want to shape the future of the venture capital industry.
UPCOMING (VIRTUAL) EVENTS
Why Boards Need Diversity (You). May 24, 2021.
Female Founders x Antler: Find your co-founder and build a strong team. May 26, 2021.
Culture Shifting Weekend Silicon Valley: Athlete Investors Panel, May 26, 2021.
IgniteNI Accelerator 2021 Showcase. A chance to hear from the 10 companies that have been on this year's Accelerator. May 27, 2021.
Inside VC Presents: Meet Our Fund. Meet with 25 venture funds, accelerators, incubators, and seed funds, to learn what they invest in, how they help founders, and what their value-add is. June 8-9, 2021.
Jumpstart Virtual Summit 2021 for pre-launch & early-stage founders hosted by Ladies Who Launch, June 9, 2021.
Venture Capital Funding Legal Discussion + Live Workshop by SoGal, June 10, 2021.
CogX Festival-A Global Leadership Summit and Festival of AI & Transformational Technology addressing the question. June 14-16, 2021.
ON OUR RADAR
$ASS Coin Billionaire: Tales From the Fringe of the Crypto Craze.
Google’s New Dermatology App Wasn’t Designed for People With Darker Skin.
Why it’s smart to order the second-cheapest wine on the menu.
Macron Minister, leading gender and racial diversity efforts , Slams ‘Wokeness,’ Wants to Keep it Out of France.
PEOPLE / ANNOUNCEMENTS
Synchrony commits $15 million to venture capital funds including Chingona Ventures, Seae Ventures, and Zeal Capital Partners.
Naj Austin, the founder behind Ethel’s Club, raised $3.75 million for Somewhere Good.
Janine Sickmeyer and Brandon Brooks, Founding Partners of Overlooked Ventures are raising a $50 million fund for inclusive investing.
Variety’s first Silicon Valleywood Impact Report – profiles of key players at the intersection of technology and creativity.
Ulu Ventures, one of the largest Latina-led funds in the US, raises $138M for its third fund.
Bank of America announced today it has increased its target for equity investment in minority focused funds from $200 million to $350 million.
Carta Ventures announces investments into 26 Emerging Managers building the future.
A heartfelt thank you for reading and see you next week!
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