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💡Issue #243: UnitedMasters, Harlem Capital & The Phoenix Programme

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Andy Ayim on Minorities in Tech

April 5 · Issue #243 · View online
Your weekly newsletter on minorities in tech, venture and entrepreneurship 💫 http://andyayim.com

Last week was clouded by the Governments release of the Sewell Report on The Commission on Race and Ethnic Disparities’s which failed to address structural and institutional racism in the UK.
Personally, that aside, I completed investments into three startups. Subly, Patch and Elexsys. All very different and interesting. They are hiring so check them out!
Have a productive week.

FROM THE STARTUPS 🚀
Apple led a rare $50 million investment in UnitedMasters, which has made a music distribution platform for independent artists.
Otrium, led by a black cofounder raises $120 million for its end-of-season fashion marketplace
British Council with Enterprise Academy have released The Creative Entrepreneur’s Impact Playbook.
FROM THE INVESTORS 💸
Harlem Capital, a Black-led VC firm, raises $134 million second fund.
Laconia Capital share the Two Worlds of Venture, not every startup needs venture capital.
Cendana has raised a $30 million ‘fund of funds’ for VCs managing $15 million or less.
EVENTS 🎟️
Black Girl Fest are hosting an event with Toni Tone on 8th April at 7pm BST.
Apply now for the Phoenix Programme, a free accelerator programme for 16-28 year old writers run by Supa Network, the Well Collective and Dope Reader’s club - with support from Harper Collins and Apple Books.
Sign up now for Getting on Board: Securing Your NED role on 8th April at 6pm BST.
JOB OPPORTUNITIES 💼
Seedcamp is hiring for a 6 month internship beginning in May.
IN CASE YOU MISSED IT 👩🏿‍💻
Runnymede hosted a snap event to discuss the Commission on Race and Ethnic Disparities’s findings (watch the replay).
Lord Simon Woolley, founding director of campaign group Operation Black Vote, will be the next principal of Cambridge University’s Homerton College.
Linklaters becomes first magic circle firm to support Afro hairstyle campaign.
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