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For CeD Mixon, balancing user-centered design with data-driven product strategy is core to his approach. As a seasoned design leader, he collaborates closely with product managers, VPs, and cross-functional teams to keep the end goal sharply focused on the user. At AFROTECH™ Conference 2024 , Mixon shared actionable insights on when to lead with design thinking and when to lean into product-led growth. The session offered practical frameworks to help engineers, designers, and solution architects align product development with both user experience and business goals. With over a decade of experience scaling companies from small startups to global platforms impacting millions, Mixon reflected on entering the tech industry at a time when he was often the only Black person in predominantly white spaces. Purchase your ticket to AFROTECH™ Conference 2025 now! View this post on Instagram A post shared by AFROTECH™ Conference (@afrotech.conference) “In the beginning, I wasn’t that...
Microsoft is laying off approximately 6,000 employees, around 3% of its global workforce, as CNBC reports, marking the latest round of job cuts as the company continues to realign its business priorities. The move will affect workers across various teams and regions, though the company did not disclose specific departments or locations. A Microsoft spokesperson told CNBC that the layoffs are part of organizational and workforce adjustments “to reduce layers of management” and not related to job performance. The spokesperson further stated, “We continue to implement organizational changes necessary to best position the company for success in a dynamic marketplace.” Microsoft, which employed 228,000 people worldwide as of June last year, has conducted several rounds of layoffs in recent years. In 2023, the company cut 10,000 positions, according to CNBC . In 2024, Microsoft also laid off nearly 2,000 employees from its gaming division just months after a $69 million gaming...
Growth Warrior Capital has raised new funding to support enterprise companies being fueled by artificial intelligence (AI). The operator-led venture firm, which invests in early-stage Enterprise AI companies, was created by Promise Phelon, a former Silicon Valley tech CEO with more than 15 years of experience as an angel investor. According to a news release shared with AFROTECH™, her career trajectory has led to an expansive network , some of whom have now invested in Growth Warrior Capital’s first fund, which totals $26 million. Limited partners include Ho Nam and Han Kim (Altos VC) and well as Seth Levine and Brad Feld (Foundry). Amazon Catalytic Capital, Bank of America, Bessemer Venture Partners, Pivotal Ventures, and more are also listed as limited partners. “My goal is to be the first VC fund of significant scale run by a woman of color,” Phelon, founder and managing partner, said in a news release. “We have the backing of VC industry legends, and their support is proof of...
At an early age, Maseray S. Kamara understood the importance of healthcare. Now, she is contributing to the creation of quality care for patients. Her professional journey dates back to Woodbridge, VA where she was raised by parents from Sierra Leone, West Africa. They informed her of various family members , some impacted by sickle cell, which can cause pain, infections, and joint issues throughout the body, according to the National Institutes of Health. These early conversations profoundly influenced her passion for healthcare and the importance of improving access to it. She also credits a science project from her eighth-grade year surrounding heart rates as a pivotal moment in solidifying her career path. In 2008, Kamara’s interest in science led her to Princeton University, where she obtained a bachelor’s degree in molecular biology. After that, she attended Michigan State University’s College of Human Medicine to obtain a medical degree. She successfully completed her...
Pharrell Williams’ nonprofit organization Black Ambition has distributed $13 million to underrepresented founders since its inception. The nonprofit currently is launching its fifth Black Ambition Prize Competition, which will award early-stage entrepreneurs in industries such as consumer products and services, health care, media and entertainment, technology, and artificial intelligence (AI). Participants will have a chance to receive more than $1 million in funding. Further support will be provided over 12 weeks through mentorship, business development support, and access to its network of investors and industry leaders through the Black Ambitionist Mentorship Program in partnership with Cinematica Labs. According to information shared with AFROTECH™, $13 million has been awarded to 131 entrepreneurs since 2020. Additionally, the organization’s founder network has raised $280 million and generated over $265 million in revenue. “Five years ago, Black Ambition was an idea,” Williams...
A federal judge has blocked President Donald Trump’s executive orders eliminating DEI. As AFROTECH™ previously told you, soon after Trump was inaugurated on Jan. 20, he signed executive orders to halt diversity, equity, and inclusion (DEI) efforts at the federal level. This led to federal employees in DEI roles being placed on paid leave, a mandate banning DEI considerations in federal contracting, and more recently, a two-week deadline from the Department of Education requesting that schools and universities end their DEI policies. A memo stated, “…educational institutions may neither separate nor segregate students based on race, nor distribute benefits or burdens based on race,” per AP News. Changes in the DEI landscape have also impacted funding for minority businesses, with legal action being taken against those directing support to these businesses. This includes the venture capital firm Fearless Fund and fintech platform Hello Alice. Hello Alice was victorious in a...
The right circle can change your circumstances in the blink of an eye! Calling all early-stage, pre-seed, and seed founders — join the AFROTECH™ Insider Founders Circle to build for the future alongside a network that could lead to your next investor or co-founder. This membership aligns with our mission to empower Black entrepreneurs with the tools to succeed and drive innovation across industries, including fintech, medtech, and consumer tech. “At AFROTECH™, we strive to help make a difference and change the narrative regarding raising capital, starting and scaling a startup, and networking with the right people to help grow your business,” Blavity Chief Revenue Officer Michael Hadgis said on LinkedIn. “We created the AFROTECH™ Insider Founders Circle to help founders navigate the path and their business pitch become investor-ready!” Perks The sky’s the limit! Your direct participation in the AFROTECH™ Insider Founders Circle gives you access to exclusive perks, including office...
Howard University has received a new distinction. According to Diverse Education, the Historically Black College and University (HBCU) has earned the Research One (R1) Carnegie Classification — a first for an HBCU. Not to mention, such an accomplishment is shared with fewer than 150 universities across the country. The criteria entails that institutions allocate at least $50 million toward research and development and award a minimum of 70 research doctorates, the Carnegie Classification website states. Howard University surpassed these expectations in fiscal year 2023, allocating just under $85 million in research expenses and awarding 96 doctorates in a variety of fields — the highest number awarded to Black students at any college or university in America, according to Dr. Bruce A. Jones, Howard University’s senior vice president for research. Dr. Robert T. Palmer, the school’s chair and professor in the Department of Educational Leadership and Policy Studies, mentioned, “Howard...
Dave’s Hot Chicken is considering a sale that would bring the company’s valuation to nearly $1 billion. The popular fast-food chain, founded by Dave Kopushyan, Arman Oganesyan, Tommy Rubenyan, and Gary Rubenyan, has locations in states such as Arizona, Massachusetts, California, Missouri, and Texas. In total, the chain has over 250 locations worldwide, per Reuters. It all started in 2017 with a $900 investment that led to the restaurant’s grand opening as a pop-up in an East Hollywood, CA, parking lot, its website mentions. Its menu features chicken tenders and sliders with spice levels ranging from Lite Mild to Reaper. Sides include fries, mac and cheese, and kale slaw. View this post on Instagram A post shared by DavesHotChicken (@daveshotchicken) The company’s business model appears to be a success with each franchise earning on average $2.19 million in revenue (AUV) per year, according to Sharp Sheets. In total, its locations generate an estimated $1 billion in total annual...
Welcome to HillmanTok University, where everyone is accepted, and TikTok is your classroom. Thousands of professors have taken their talents to TikTok, documenting their course offerings and allowing students, or users, outside the typical classroom setting to participate in the curriculum. The trend, known as “HillmanTok,” started with Dr. Barlow, an African American Studies professor, who utilized the social media platform to engage with her actual students. As her videos gained more traction, other minority professors followed suit. Now, teachers worldwide are helping students merge their love for TikTok with their desire to learn. TikToker @djneurospicy explained that the outpouring of support for Barlow’s efforts follows the decision of 92% of Black women who voted for Kamala Harris in the Nov. 4, 2025, election to not focus on Donald Trump’s second presidency. “Here’s how it goes: Trump becomes president, the 92% say they are minding their own business,” the TikToker said....
The phrase “NEPA took the light” is something that you hear quite often in Nigeria. The acronym stands for the National Electric Power Authority, the former name for the company that keeps the power running in the country. Now, named the Power Holding Company of Nigeria, electricity cutting off sporadically continues to be an ongoing issue. In 2014, Beacon Power Services (BPS) founder and chief executive officer Bimbola Adisa launched his company to help improve electricity access in not only Nigeria but across Africa, TechCrunch reports. A report says that in 2020, 77 percent of Sub-Saharan African countries had no access to electricity, having to turn to alternatives like generators. After eight years invested in providing energy management software and analytics for utilities, BPS has recently raised $2.7 million, according to the outlet. “Africa is home to the fastest growing cities in the world, but when most people think of energy access in Africa, they think of the rural...
It’s official — international superstar Davido has kept his word to support Nigerian youth. In November 2021, the Afrobeats artist took his fans by pleasant surprise when he requested for his followers to send money for his birthday to his Wema account, which turned out to be for donations to orphanages across Nigeria and the Paroche Foundation — an organization working to fight substance abuse — as previously reported by AfroTech. “My goal is to do this fundraising every year to celebrate my birthday and give back to people in need. It is my hope that my friends, fans, colleagues in the industry, and the public will continue to support me as I drive this cause,” he shared in a statement via his Instagram. Davido’s social media outreach of 72 hours — along with his own contribution — brought in a whopping 250,000,000 Nigerian Naira (over $600,000 USD). View this post on Instagram A post shared by Davido (@davido) From there, Pulse Nigeria reports that Davido disbursed the donations...
Mark Cuban has set ablaze a game-changer in the pharmaceutical supply chain that many lives will benefit from. TechCrunch reports that the billionaire recently announced the launch of The Cost Plus Drug Company, his online pharmacy that aims to offer affordable prices for generic drugs. If you are looking for lower pricing on your generic drug purchases, go to https://t.co/LYIIV9Pqzd and sign up ! All drugs are priced at cost plus 15% ! Sign up and share your thoughts and experiences with us ! https://t.co/bFXCMccmvy — Mark Cuban (@mcuban) January 20, 2022 Mark Cuban is known for always being ten steps ahead with his business moves, and his latest move could serve as a vital resource for underserved communities as the online pharmacy isn’t necessarily for the entrepreneur’s gain. It’s ultimately for the benefit of the masses. “I want to be above break even while maximizing the number of people who can afford their medications,” he told the outlet. “Shoot. I would be happy if we can...
