An excerpt from CharlotteInno’s article written by Elise Franco June 02, 2021:
Last month, local startup BatteryXchange, co-founded by Desmond Wiggan and Aubrey Yeboah, announced an investment from local venture capital firm Defiance Ventures. Though the funding amount is still undisclosed, it was the first investment in the startup’s open seed round.
BatteryXchange, along with STEM-focused startup Smart Girls HQ, was among the recipients of NC IDEA’s $50,000 seed grants, which were announced last month. Smart Girls HQ, founded by Abi Olukeye, also received organization’s $10,000 microgrant last fall.
When the awards were announced, Wiggan said it meant a great deal that the only two Charlotte startups chosen for the grant cycle are minority-led.
And while Charlotte is known for its fintech scene, the finance and banking industries here have been historically void of diversity. That’s something Dan Roselli, co-founder of RevTech Labs and Carolina Fintech Ventures, said his organizations have tried to be intentional about changing.
To read the full article on CharlotteInno’s website, please visit: The Time for Talk is Over