{"id":69311,"date":"2022-11-12T17:35:16","date_gmt":"2022-11-12T15:35:16","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/26-year-old-nigerian-businesswoman-becomes-the-youngest-black-woman-to-raise-10-million"},"modified":"2022-11-12T19:58:16","modified_gmt":"2022-11-12T17:58:16","slug":"26-year-old-nigerian-businesswoman-becomes-the-youngest-black-woman-to-raise-10-million","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/26-year-old-nigerian-businesswoman-becomes-the-youngest-black-woman-to-raise-10-million","title":{"rendered":"26-year-old Nigerian Businesswoman Becomes The Youngest Black Woman To Raise $10 million"},"content":{"rendered":"

Africa-Press – Zimbabwe. <\/strong><\/span>A 26-year-old Nigerian businesswoman, Olamide Olowe, is the youngest Black woman to raise $10 million in venture capital, according to Billionaires.Africa.<\/p>\n

Olowe\u2019s skincare company, Topicals, which creates products for all skin tones, received the capital injection in its most recent funding round led by consumer-focused investment firm CAVU Consumer Partners.<\/p>\n

Olowe, a serial entrepreneur who recently graduated from the University of California, Los Angeles (UCLA), is the former co-founder of SheaGIRL, a Sundial Brands subsidiary now owned by Unilever.<\/p>\n

She is also the youngest Black woman to raise $1 million and $2.6 million in venture funding.<\/p>\n

A Forbes report says the news follows Olowe\u2019s inclusion in the Forbes 30 Under 30 list for 2022 after Topicals raised $2.6 million.<\/p>\n

Olowe intends to use the $10 million in funding to expand the company and fuel brand awareness through an effective product campaign on TikTok and Instagram.<\/p>\n

The funds will also be used to develop products to treat chronic skin conditions such as hyperpigmentation, eczema, and psoriasis.<\/p>\n

Topicals has now raised a total of $15 million in venture funding since its inception in August 2020.<\/p>\n

The brand has donated more than $50 000 to nonprofits that provide mental health resources to marginalized communities.<\/p>\n

For More News And Analysis About Zimbabwe<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zimbabwe. A 26-year-old Nigerian businesswoman, Olamide Olowe, is the youngest Black woman to raise $10 million in venture capital, according to Billionaires.Africa. Olowe\u2019s skincare company, Topicals, which creates products for all skin tones, received the capital injection in its most recent funding round led by consumer-focused investment firm CAVU Consumer Partners. Olowe, a […]<\/p>\n","protected":false},"author":84,"featured_media":69310,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[1493,2189,12752,12751,19],"class_list":["post-69311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","tag-africa-press","tag-africa-press-zimbabwe-2","tag-olamide-olowe","tag-topicals","tag-zimbabwe"],"yoast_head":"\n26-year-old Nigerian Businesswoman Becomes The Youngest Black Woman To Raise $10 million - zimbabwe<\/title>\n<meta name=\"description\" content=\"A 26-year-old Nigerian businesswoman, Olamide Olowe, is the youngest Black woman to raise $10 million in venture capital ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/26-year-old-nigerian-businesswoman-becomes-the-youngest-black-woman-to-raise-10-million\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"26-year-old Nigerian Businesswoman Becomes The Youngest Black Woman To Raise $10 million\" \/>\n<meta property=\"og:description\" content=\"A 26-year-old Nigerian businesswoman, Olamide Olowe, is the youngest Black woman to raise $10 million in venture capital ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/26-year-old-nigerian-businesswoman-becomes-the-youngest-black-woman-to-raise-10-million\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-12T15:35:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-12T17:58:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/11\/postQueueImg_21-636fde96a9ac6.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"757\" \/>\n\t<meta property=\"og:image:height\" content=\"427\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/26-year-old-nigerian-businesswoman-becomes-the-youngest-black-woman-to-raise-10-million#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/26-year-old-nigerian-businesswoman-becomes-the-youngest-black-woman-to-raise-10-million\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"26-year-old Nigerian Businesswoman Becomes The Youngest Black Woman To Raise $10 million\",\"datePublished\":\"2022-11-12T15:35:16+00:00\",\"dateModified\":\"2022-11-12T17:58:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/26-year-old-nigerian-businesswoman-becomes-the-youngest-black-woman-to-raise-10-million\"},\"wordCount\":215,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/26-year-old-nigerian-businesswoman-becomes-the-youngest-black-woman-to-raise-10-million#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/11\/postQueueImg_21-636fde96a9ac6.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Zimbabwe\",\"Olamide Olowe\",\"Topicals\",\"Zimbabwe\"],\"articleSection\":[\"all news\",\"community\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/26-year-old-nigerian-businesswoman-becomes-the-youngest-black-woman-to-raise-10-million#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/26-year-old-nigerian-businesswoman-becomes-the-youngest-black-woman-to-raise-10-million\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/26-year-old-nigerian-businesswoman-becomes-the-youngest-black-woman-to-raise-10-million\",\"name\":\"26-year-old Nigerian Businesswoman Becomes The Youngest Black Woman To Raise $10 million - 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