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81% of VC firms don’t have a single black investor — BLCK VC plans on changing that

Venture capital has a diversity problem . BLCK VC , a new organization founded by Storm Ventures associate Frederik Groce and NEA associate Sydney Sykes to connect, engage and advance black venture capitalists, is ready for a new era in the industry. Their mission: Turn 200 black investors into 400 black investors by 2024. “We think of ourselves as an organization formed by black VCs for blacks VCs to increase the representation of black investors,” Sykes told TechCrunch. “You can look around and say well ‘I know five black VCs,’ but you can also say this firm does not have a single black VC, they may not even have a single underrepresented minority … We want to make firms reckon with the fact that there is a racial diversity problem; there is a lack of black VCs and every firm should really care about it.” BLCK VC has been at work since the beginning of 2018, building and expanding a network of black investors in the San Francisco area, Los Angeles and New York. They seek to provide a...

Amazon launches Alexa app for Windows 10 PCs

Amazon today launched an Alexa app for Windows 10 PCs on the Microsoft Store. The voice application allows PC owners to speak to Alexa to set reminders, timers, alarms; create lists and to-dos; track their calendar appointments; get news, weather and other information; play music; listen to podcasts and audiobooks; control the smart home, and more. The app is another way that Alexa is being unhitched from Echo speakers and other devices that generally stay in the home. Similar to the Alexa app for mobile devices, the Windows 10 app means you can use Alexa when you’re traveling for access to content and information, as well as to do things like lock your doors or check your security cameras, for example. The app also offers access to tens of thousands of Alexa skills, says Amazon. However, some features – including video, communications, Spotify and Pandora – are not supported on the Alexa app for Windows 10 at launch. The app’s arrival comes shortly after Amazon and Microsoft opened...

20 startups take center stage at Berkeley SkyDeck’s demo day

The largest-ever Berkeley SkyDeck demo day kicked off with a high-energy performance from the Cal marching band, setting the tone for an afternoon of presentations from none other than Berkeley faculty and students-turned-entrepreneurs. Launched in 2012 as a modest accelerator for student-run businesses, SkyDeck has flourished since its inception. To date, the program has mentored 300 startups, which have gone on to raise $800 million via 27 funding rounds and 10 acquisition deals. Earlier this year, it raised a  $24 million venture fund so it could finally seed participating startups with $100,000 in exchange for 5 percent equity. Today’s cohort is only the second to receive an investment from SkyDeck as part of the accelerator. To support Berkeley, SkyDeck plans to invest half that fund’s profits back into the university. To participate, startups must have at least one member attending any of the University of California campuses as an undergraduate or graduate student. Faculty mem...

Amazon Echo and Alexa arrive in Mexico

Alexa’s path to AI global domination continues apace with the addition of Mexico to its growing list of markets. Amazon today opened up pre-orders for the Echo, Dot, Plus, Spot and   Smart Plug. The devices are set to start shipping next week. Of course, bringing such devices to new markets is more complicated than just supply chain issues. Every new location means new accents and cultural nuances. Amazon brought the Alexa to Spain earlier this year, but the distinction between that brand of Spanish and the one spoken in Mexico is broad enough to require some massive changes, not to mention a spate of different local customs that need to be adhered to with the building of Skills.  The smart assistant is currently available in around 40 countries, including the addition of Italy and Spain late last month. Google’s Assistant, meanwhile, launched in Mexico over the summer via the arrival of Home and Home Mini.