POCIT

"Jewel Burks Solomon is a 31-year-old Black woman heading a key division of Google. She is also the co-founder of a tech company that was bought by Amazon. In her short career, she has already hit more professional milestones than many people twice her age. And beyond her own professional success, she is now committed to teaching, funding and empowering other Black founders." https://buff.ly/3mfh8jJ

LoftyInc Capital has announced the first close of its third fund at $43 million. The LoftyInc Alpha Fund focuses on investments that will expand Africa’s most talented startups across key areas like Nigeria, Egypt, Kenya, and Francophone Africa.

Facebook, Tinder, and Airbnb are being used to lure women and girls into sex trafficking in Colombia. A Bloomberg investigation found that predators exploit these platforms to recruit victims and arrange meetings with foreign tourists.

UK-based cashflow management platform Lenkie has raised $62M Series A to revolutionize small business funding. Their "grow now, pay later" model offers fast, flexible, transaction-based lending, helping businesses access the capital they need to scale

Leading science organization American Geophysical Union has elected Dr. Brandon Jones as its first Black president. Speaking with Forbes, Dr Jones says his vision for the AGU is to “continue to develop the elements of future adaptiveness and maintain a posture of future preparation. As the largest professional society in the world for Earth and space science, AGU needs to focus on sustainability in a rapidly changing social and political environment.”

Sustainable fashion is on the rise as more people recognize the impact of fast fashion on the planet. We spoke with Ilera Onawoga, the 27-year-old visionary behind Kirra, a London-based clothing rental platform. Frustrated by the lack of Black designers in sustainable fashion, he set out to change that. In this chat with POCIT, Onawoga shares how Kirra is making luxury clothing more accessible and putting Black designers at the forefront of sustainable fashion.

HBCUvc Alumni Fellows invested over $10 million?into Black-founded startups and organizations, according to the organization’s 2024 Annual Impact Report.

Jeff Bezos's privately funded space venture, Blue Origin, has announced its next flight into space with an all-female crew: - Former NASA rocket scientist Aisha Bowe - Nobel Peace Prize nominee Amanda Nguyen - CBS Mornings co-host Gayle King - Pop singer Katy Perry - Film producer Kerianne Flynn - Journalist Lauren Sánchez (also Bezos's fiancée)

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Boston Celtics star Jaylen Brown announced his latest initiative, OaklandXChange, which will support underrepresented business owners and creators in Oakland. This initiative builds on the work of the Boston XChange (BXC), which Brown founded to help close the racial wealth gap and create generational wealth for communities of color in Boston. Similar to BXC, Oakland XChange will support underrepresented Oakland creators with $100k in grants, workspaces, and $150k+ in business services. Entrepreneurs will receive three years of coaching and project support across design, arts, media, entertainment, fashion, and culinary arts. ?? https://buff.ly/439vye9