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Dumela, readers! It means “hello” in Setswana, the language spoken by about half of the population of Botswana. After no less than 30 hours of travel (how fitting), a lost bag and a gorgeous sunset hike up Kgale hill from Gabarone in airplane socks (by missing luggage) we started Africa Under 30 Summit.

It’s a summit of firsts. This is the first time that we have organized an event for under 30s in Botswana, in fact, on the African continent. We also devote a full day of climate and sustainability programming and host an all-night bush party ending with a 6am game drive (check the agenda).

We’ll be documenting the event through our social media channels @ForbesUnder30, and I’ll be sharing my journey by myself @iamsternlicht. To follow!

NexHealth Hits $1 Billion Valuation in Bid to Rewire Healthcare Data Flow

Alamin Uddin and Waleed Asif made the 2018 Forbes 30 Under 30 Healthcare list with their startup NexHealth, which makes it easier for doctors and dentists to digitize their practices and for developers to access this data. The co-founders have just raised a $125 million Series C funding round at a $1 billion valuation.

Read more →

Money movements this week

Founders backed by Amazon’s billion-dollar industry innovation fund include a serial entrepreneur, a pair of Carnegie Mellon Robotics PhD Students and the former claims manager of insurance giant AIG.

In influencer news, Rhet and Link are putting their money behind musical YouTuber Daniel Thrasher.

The billionaire co-founder of Plaid is back with a new startup: a fintech-friendly bank he and his wife, a former Bain consultant, run.

Men love Lululemon, and Lululemon plans to make the most of this momentum.

Coinbasethe largest cryptocurrency exchange in the United States, has launched its long-awaited marketplace for digital collectibles in beta mode.

Former NBA star Al Harrington is building a $100 million team of black cannabis entrepreneurs.

Excerpt from the magazine: 5 winners under 30 in defense, presented in 30 words or less

Ian Villa, 29 years old (photo)

Co-Founder, Whisper Aero

The former head of aerospace strategy at Uber builds ultra-quiet surveillance drones for the Department of Defense. It has $10.5 million in funding from the VCs and the Pentagon.

Caleb Carr, 28

Co-Founder, Vita Inclinata

Carr raised $24 million to invent more nimble helicopter baskets after a buddy had a search-and-rescue accident and died unreachable. The US military now uses them for risky evacuations.

Sasha Seymore, 29, and Andrew Powell, 29

Co-Founders, Learn to Earn

Military Edtech backed by $12M in VC funding. Learn to Win helps sailors better identify corrosion, pilots locate targets more accurately, and the US Space Force track weather.

Hanna Hunt, 29

Director of Product and Innovation, Army Software Factory

Development of seven applications for the army. Guard makes mobile-friendly job boards for active duty soldiers; MySquad is Slack for grunts. Hunt oversees 150 staff; monthly users total 4,000.

More coverage for those under 30 →