The New C-Suite; Seed Stage Board Meetings; Black Founders Matter Pledge.
Welcome to Issue #95 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!
Investors poured into Africa’s startup funding frenzy. Now they’re taking their time
-Yinka Adegoke / Rest of the World
Why It’s So Hard to Scale a Great Idea
-John List / Harvard Business Review
Quantum computing just might save the planet
-Peter Cooper, Philipp Ernst, Dieter Kiewell, and Dickon Pinner / McKinsey
Setting the Stage for Success at Seed Stage Board Meetings
-Mary Grove / Bread & Butter Ventures
The Future of Crypto Native Consumer Products
-Mercedes Bent / Lightspeed Venture Partners
Operating during a downturn (video)
-David Sacks and Jeff Fluhr / Craft Ventures
OPPORTUNITIES, FUNDING & COMPETITIONS
Village Capital’s Sustainability Subscribed Accelerator will support 10 to 12 startups employing subscriptions or recurring revenue models to fight climate change and move the needle towards greater sustainability and net zero emissions. Applications close June 8, 2022.
FourthWave 2022 accelerator is open to technology companies with at least one female or female-identified founder. Apply now.
The Rose Acton Award for Women in Tech will provide stipend support to a woman with a background in software development/engineering/data sciences who is keen to build a business that will transform the industries that have the most impact on our environmental crisis and joins Zinc's next Venture Builder, starting in October. Apply now.
Black Ambition Prize - Apply for a chance to win $1Million and access to a network of esteemed mentors. Together, let’s build a world where Black and Latinx founders can excel uninterrupted. Applications close June 20, 2022.
TikTok Awards. Calling all European Brands and agencies. Apply in three categories: Greatest Creative, Greatest Performance and Greatest TikTok. Submissions open.
UPCOMING (VIRTUAL) EVENTS
[Ask Me Anything] Cartier Women's Initiative Diversity, Equity & Inclusion Award, June 8, 2022.
How to Invest in Top Startups: Lessons Learned from Global Investors (Online) hosted by Founder Institute, June 9, 2022.
Navigate Institutional Capital Raising & Build an Enduring Venture Firm hosted by Carta, June 15, 2022.
Cellular Agriculture Showcase: Presented by Vevolution, Cult Food Science, & New Harvest, June 16, 2022.
Pitch HearstLab: Texas is HearstLab’s first ever pitch competition, looking to fund the best high-growth, women-led startups in the South. HearstLab exclusively invests in women-led companies and provides founders intensive access to support and resources to accelerate the growth of their businesses. Multiple startups may be selected for $100,000 investments. In San Antonio, Texas, June 23, 2022.
ON OUR RADAR
Black Founders Matter presses VCs to pledge commitment to diversity.
Shonda Rhimes Announces New Diversity, Equity and Inclusion Programs at Netflix.
The Disruptive Idea Behind Prada’s New Timecapsule NFT Collection.
PEOPLE / ANNOUNCEMENTS
Ascend Venture Capital announced the creation of a $25 million opportunity fund targeted at underrepresented founders.
FoodHack raises $1 million to become a new AngelList for climate tech.
Hannah Grey launches its $52 million inaugural fund.
HSBC has established the Female Entrepreneur Fund — a $1 billion debt fund aimed exclusively at women-led businesses.
Sydney Thomas, Precursor Ventures’s first hire, is starting her own firm.
All Iron Ventures announced the launch of a new €30 million fund of funds, to invest directly into other European VCs.
A heartfelt thank you for reading and see you next week!
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