An initiative of the Center for Cultural Innovation

Investments

Umba Daima

Iris Nevins is an unconventional tech CEO. She started her career as an organizer for the Movement for Black Lives. Her experience as an organizer and teacher eventually led her into technology and ultimately into the blockchain as she looked for ways to solve entrenched socio-economic problems for Black and historically marginalized people. Her systems changework is rooted in an organizing practice which emphasizes relationships and transparency,cultural preservation and pride, and self-determination and community benefit. Based on our experience, hers is a rare combination of experiences and values in Web3 that closely aligns with our interests and learning goals. 

AmbitioUS is providing a $75K equity investment executed as a SAFE agreement to support Umba Daima’s seed phase of funding which will provide necessary start-up capital to a Black entrepreneur.

  

Category

Artist Assets

Website

https://www.umbadaima.com

Year

2022

Investment

Equity investment executed as a SAFE agreement

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Investments