Product market fit is like an orgasm; What you need to know as a gender-smart investor; Slutty Vegan $100 Million valuation.
A weekly newsletter for Black and Brown women (and our allies) highlighting entrepreneurship and venture capital in the tech ecosystem.
Welcome to Issue #92 of For Colored Girls Who Tech, a weekly newsletter for Black and Brown women (and our allies) highlighting entrepreneurship and venture capital in the tech ecosystem. 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!
INSIGHTS
Funds of Funds: What you need to know as a gender-smart investor
-Suzanne Biegel
Where will venture capitalists look next?
-Walter Frick / Quartz
How investors are betting on Africa’s early-stage startups
-TechCabal Insights, The Baobab Network, and Future Africa
It’s the end of the seed as we know it
-Finn Murphy / Frontline Ventures
Women-Led Venture Funds Have Already Raised More Money Than Last Year
-Mahira Dayal /The Information
OPPORTUNITIES, FUNDING & COMPETITIONS
Spotify-Tech Fellowship Program-Europe 2022! The program targets anyone who is self-taught, went to a coding boot camp, or with a degree from a vocational school not reflected in the talent pipeline. The deadline is May 30, 2022.
Through its WIA54 programme, Women In Africa is committed to supporting African women entrepreneurs through training, mentoring, communication, networking and access to finance! Get the chance to win 10,000€ in funding. Apply by May 31, 2022.
South African Breweries (SAB) in partnership with the SAB Foundation has established the SAB SHARP Awards, targeting innovators and social entrepreneurs with innovative ideas or prototypes that empower women in at-risk communities. Apply by June 1, 2022.
Green Angel Syndicate (GAS) Underrepresented Founders Workshop. We look forward to holding a workshop for founders who are typically underrepresented in angel investment. The GAS dealflow team will be on hand to answer any questions about the fundraising process and offer their guidance on all stages of the process. June 7, 2022.
Apply for the IFundWomen Fund Forward Awards today for a chance at a $100,000 equity investment from IFundWomen, cash grants, and more. The Awards rewards and celebrates extraordinary women entrepreneurs who have proven product-market fit, driven growth, and demonstrated a meaningful impact through their businesses. Apply by June 30, 2022.
Google Africa Developer Scholarship 2022. Grow with Google and Pluralsight are providing 30,000 scholarships to those passionate about technology and keen on gaining skills in Android applications development and Google Cloud. Apply for free.
UPCOMING (VIRTUAL) EVENTS

Black Music Incubator Presents: VC on 7th Street, joined by Devland, Techstars (J.P. Morgan), Zoo Labs Accelerator, and others. Welcoming startup builders, VCs, innovators, creatives, and our broader community to “The Inc” to experience amazing conversations, panels and interactive technology made and developed in West Oakland (CA). May 15, 2022
Smart Cities Pitch Day meet the finalists! Open Innovation Call launched by Lima Expresa in partnership with Seedstars and co-financed by ProInnóvate Perú. May 19, 2022.
Meet the Managers: Hear from Managers that Built New funds in VC Lab, May 19, 2022.
Industrial Climate Tech Summit (Colorado). Connect with and hear from investors, policymakers, corporations, incubators, and entrepreneurs who are developing innovative solutions for the industrial sectors. Hosted by Nomadic Venture Partners and the Colorado School of Mines with speakers from DOE, Climateworks Foundation, UL, Newlab, MIT, Innosphere Ventures, and more. June 1, 2022.
ON OUR RADAR
Why Heart Disease in Women Is So Often Missed or Dismissed.
Zara starts charging shoppers for online returns.
Spain plans menstrual leave in new law for those with severe pain.
PEOPLE / ANNOUNCEMENTS
Damien Hooper-Campbell named first-Ever Chief Impact Officer at StockX.
Pinky Cole's 4-year-old Slutty Vegan brand valued at $100M after raising $25M Series A funding round.
Ollen Douglass just helped raise $102 million for Motley Fool Ventures' second venture fund.
Greenwood, the digital banking platform for Black and Latino individuals and business owners, has announced the acquisition of The Gathering Spot, a private membership network focused on the Black community.
Lisa Cook confirmed as the first Black woman to serve on the Federal Reserve’s Board of Governors
A heartfelt thank you for reading and see you next week!
You can follow us on Twitter @veliza9 and @4Cgirlswhotech for updates throughout the week.
If you liked this email, pay it forward. Our list of subscribers continues to grow so please keep the momentum going and share!
Did someone share this with you? Sign up here.
Get in touch if you’d like to share stories, tips, comments, or questions. Feel free to send us articles from investors, founders, influencers, and startups that you think would be helpful to our community of readers. We might be able to include it in next week's newsletter.