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A weekly newsletter for Black and Brown women (and our allies) highlighting entrepreneurship and venture capital in the tech ecosystem.
Welcome to Issue #59 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!
Trump sues Twitter, Google and Facebook alleging 'censorship'. Y Combinator launches Co-Founder matching platform. Mmhmm raises $100 million Series B. SoftBank Group plans to invest an additional $5 billion in Latin American companies. You can now apply for a job through TikTok! Should you consider “Hire a Mzungu” packages?
MVP in Agile: Screw the MVP! Build Incrementally
Digest Africa Launches the 2020 Index Report
-Digest Africa and Crunchbase
State of Venture Report Q2 2021
Do white founders in Africa have an easier time getting capital?
-Carlos Mureithi / Quartz Africa
Why the next wave of startups will be community-led
How to talk to investors
Why every platform wants to be a super app
-Yinka Adegoke/ Rest of the World
OPPORTUNITIES, FUNDING & COMPETITIONS
Submit your nomination for Insider's 2021 DEI changemakers list.
Black Angel Investors on Raising Your First Round, July 14, 2021.
Do you want to revolutionise the future of food? Join the first Counterfactual Ventures cohort as a commercial or technical founder to build a scalable, high-impact startup that creates a better future for humans, animals, and the planet. Apply by July 15, 2021.
Build a startup with Entrepreneur First! Apply to meet your ideal co-founder, and build a business with real impact. These cohorts bring together some of the world’s highest potential individuals, all of them looking for a co-founder and ready to start a company now. Apply for the next Paris, London and Berlin cohorts by July 17, 2021.
Financial Literacy Capacity Building for Women Led SMEs and Social Enterprises in Kenya- Project by B Lab East Africa. Deadline for applications July 15, 2021.
Techstars Future of Longevity Accelerator in partnership with Pivotal Ventures. Ten companies will be selected to participate in a 13-week program based in Washington, D.C., where they will receive hands-on mentorship, financial support, and training in entrepreneurial best practices. Apply by July 28, 2021.
Birimian and IFM are launching the IFM-Birimian Accelerator x Africa, an innovative acceleration program for emerging African heritage brands in the fashion, accessories, and jewelry sectors. Apply by August 31, 2021.
UPCOMING (VIRTUAL) EVENTS
INVEST'I Talks # 4| Ins & Outs of Angel Investing, July 13, 2021.
January Ventures Founders Workshop: Raising a Pre-Seed Round with Gale Wilkinson and Elizabeth Yin, July 14, 2021.
Minority Innovation Weekend Summer 2021 Innovation Marketplace & Pitch Competition presented by Fearless Technologies, July 17, 2021.
The Convergence of Venture Capital and Crowdfunding, How VCs and Crowdfunding platforms are co-investing. July 19, 2021.
ON OUR RADAR
The big money in music startups.
Black women athletes are still being scrutinized ahead of the Olympics despite their successes.
Welsh red: ex-postal worker and retired nurse grab gold with a pinot noir.
WeChat deletes Chinese university LGBT accounts in fresh crackdown.
PEOPLE / ANNOUNCEMENTS
9 African tech startups selected for Y Combinator S21 batch.
N’Jeri Eaton, a former Apple and NPR Exec was named Head of Podcasts at Netflix.
Emily Weiss raised an $80 million Series E funding for Glossier, valuing it at $1.8 billion.
MAGIC Fund raises $30M to scale its global founders-backing-founders fund.
Maram Kaire, the first Senegalese named after an asteroid.
Instacart hires Fidji Simo, one of the highest-ranking female Facebook executives, as its new CEO ahead of expected IPO.
Arianna Huffington's wellness business Thrive Global raised $80 million in funding.
Nikole Hannah-Jones and Ta-Nehisi Coates will be joining the Howard University faculty to help educate the next generation of black journalists.
A heartfelt thank you for reading and see you next week!
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