Serena Williams, Mark Cuban invest in company working to end black maternal mortality [The Hill]

 

By Marina Pitofsky, July 16, 2019, The Hill

Tennis champion Serena Williams and Dallas Mavericks owner Mark Cubanhave both invested in Mahmee, a company working to end maternal mortality, which just ended a $3 million funding round.

“I am incredibly excited to invest and partner with Mahmee, a company that personifies my firm’s investment philosophy,” Williams, who donated through her organization, Serena Ventures, said in a Monday statement from the company. “Given the bleak data surrounding maternal death and injury rates, I believe that it is absolutely critical right now to invest in solutions that help protect the lives of moms and babies." 

Black mothers are three to four times more likely to die during childbirth than white ones, according to the Centers for Disease Control and Prevention.

Williams shared that she almost died after giving birth to her daughter in a personal essay published last year on CNN.com, detailing that 24 hours after her delivery she suffered from a blood clot in her abdomen.

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