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Black-founded cloud computing firm Foundry emerges out of stealth with $350 million valuation

Foundry, a Black-founded and led cloud computing service provider focused on AI workloads, has emerged out of stealth. According to Fortune, the company has raised $80 million in total seed and Series A funding and…

By Preta Peace Namasaba March 25, 2024
News

Propelled by the Great Depression, this Black family-owned construction firm has changed the Atlanta skyline

The Great Depression caused economic turmoil marked by high unemployment levels and extensive decline in business. Amidst the crisis was a young Herman Jerome “H.J.” Russell who wanted to help out his family. Jobs were…

By Preta Peace Namasaba March 24, 2024
News

How Etosha Cave is transforming carbon into commodities for our sustainability

Funding for climate change projects has seen a recent uptake. Notably, the Inflation Reduction Act (IRA) dedicated part of its $500 billion in funding to boost clean energy. The President’s Budget has also invested nearly…

By Preta Peace Namasaba March 21, 2024
News

From the trunk of his car, Diishan Imira has now built a multimillion dollar hair company

Although technology is everywhere today, it took a while for the billions of dollars of hair products marketed to Black Americans to be impacted by distribution tech. For instance, only five percent of hair salons…

By Preta Peace Namasaba March 20, 2024

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[WATCH] 30 trailblazing Industry leaders honored at the BlackStars Experience Gala in New York City

Gotham Hall, nestled in the heart of Broadway, New York City, transformed into a hub of celebration and excellence as the BlackStars Experience Gala honored 30 trailblazing Black industry leaders. This annual event, held on…

By Kweku Sampson November 16, 2024
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2024 BlackStars Experience convenes over 2,000 professionals and industry leaders for three days of learning, connections and inspiration in NYC

The BlackStars Experience 2024, hosted by PanaGenius, brought together leaders, innovators, and community members for a transformative event in New York City, celebrating Black achievement, diversity, and leadership across sectors. From inspiring panels to networking…

By Kweku Sampson November 12, 2024
News

How these friends turned a casual conversation at a barbecue into a $2 billion dollar firm

With over $2.2 billion in assets under management, GenNx360 Capital Partners is one of the nation’s largest Black-owned private equity firms. The New York based firm focuses on acquiring middle-market business services and industrial companies…

By Preta Peace Namasaba November 3, 2024
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EatOkra hosts first-ever Culinary Creatives Conference for Black food entrepreneurs

EatOkra recently launched its inaugural Culinary Creatives Conference, transitioning from a digital platform to an in-person gathering aimed at empowering Black food entrepreneurs. The event took place at the Metropolitan Pavilion in lower Manhattan, showcasing…

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