• BURN MEDIA
    • Memeburn
      Tech-savvy insight and analysis
    • Gearburn
      Incisive reviews for the gadget obsessed
    • Motorburn
      Because cars are gadgets
    • Jobsburn
      Digital industry jobs for the anti 9 to 5!

All posts by Daniel Mpala

Daniel Mpala
Daniel's focus is on the African tech startup ecosytem. Besides that, he is passionate about online security, privacy and international affairs. He studied International Relations and Media Studies at the University of the Witwatersrand.
  • SA startup Aerobotics secures funding round from Nedbank VC fund [Updated]

    Local corporate and investment bank Nedbank has invested an undisclosed amount in Cape Town based aerial data-analytics startup Aerobotics. The bank was the lead investor in a Series-A round in which several other investors also took part, including a number from Silicon Valley. Among those that took part in the round were online investment marketplace AgFunder and Silicon Valley investor Joe Caruso. Cape Town based venture capital 4Di Capital, which together with the Savannah Fund last year provided seed funding of R8-million to the startup, also took part in the round. Earlier today online business publication Moneyweb reported that Nedbank had made the investment through its R100-million VC fund as part of the bank's...

  • All 10 startups chosen for SBC AfriTech 2018 market ready – accelerator head

    The 10 startups that have been selected by Startupbootcamp (SBC) AfriTech for its 2018 cohort all have “market-ready” solutions, with SBC's sponsors ready to work with them “starting from today” -- the accelerator's CEO Philip Kiracofe said yesterday. Kiracofe was speaking at the announcement of the 10 startups selected to join the Cape Town-based accelerator’s second cohort, which was made yesterday, at the end of a two-day selection process held at PwC’s offices in Cape Town. The sponsors of the accelerator -- which recently underwent a name change to Startupbootcamp AfriTech to better reflect its focus on African tech -- include among others big names like RCS, BNP Paribas, Nedbank and Old Mutual. During the announcement...

  • DEMO Ventures reveals five countries its new $100m fund for startups will target

    Egypt, Ghana, Kenya, Nigeria and South Africa. These are the five countries that a new $100-million fund -- to be launched in October by DEMO Ventures -- will focus on, revealed the fund's incoming CEO Tania Ngima yesterday. DEMO Ventures is the investment arm of DEMO Africa, an initiative which runs pitching competitions and aims to serve as a launchpad for innovative African tech. In an email yesterday (11 July) Ngima (pictured above) told Ventureburn that the fund -- which was registered in Kenya in November last year -- will invest in early-stage tech startups across various verticals. These include consumer web and mobile, renewable energy, and...

  • Nigerian startups dominate lineup in edtech incubator Injini’s second cohort

    After receiving over 800 applications from 36 countries across Africa, Cape Town based edtech incubator Injini today (11 July) unveiled the eight startups that will make up its second cohort. The eight -- which hail from Ethiopia, Nigeria, Kenya, South Africa, and Zimbabwe -- were selected from a pool of 8oo entries which was then whittled down to 15 finalists. Speaking on the sidelines of an event hosted at Amazon Web Services' office in Cape Town -- where the announcement was made -- Injini founder Jamie Martin (pictured above) said the incubator had been guided in its selection of the cohort by three criteria. Three...

  • US impact investor invests $250k in Ghanaian startup Redbird Health Tech

    US impact investor Gray Matters Capital has invested up "to $250 000" in Ghanaian medical diagnostics startup Redbird Health Tech. Gray Matters Capital announced the investment -- which was conducted through its GMC coLABS portfolio -- in a statement today (11 July). In a phone call with Ventureburn today (11 July) the startup's co-founder Andrew Quao said he could not disclose the details around how much had been invested, citing an agreement with Gray Matters Capital. He however said the investment "was in the range" of the $250 000 investment ticket sizes that the GMC coLABS usually invests in startups. Ghananian startup Redbird Health Tech...

  • Red Bull Basement programme to support innovators who solve social problems

    A new programme by energy drink company Red Bull aims to support five tech startups that seek to solve socially relevant problems within the urban, township and rural areas. The Red Bull Basement residency programme, launched last month, will be based in Johannesburg and run for two months. Participants will be provided with funding, mentorship and access to a maker space. "The main thing is to identify solutions that are able to solve socially relevant problems within the urban, township and rural areas through the use of technology while impacting their lives in a positive way," said Mixo Ngoveni, the programme's brand manager. In a...

  • EXCLUSIVE: Augmentors reveal launch date of AR, blockchain mobile game

    Michael Deon, the founder of Augmentors -- the world's first augmented reality (AR) mobile game backed by the bitcoin blockchain -- has announced that he plans next month to run an alpha launch of the game. The final version set to be launched in the fourth quarter of this year. Deon revealed this on Thursday last week (4 July) on the sidelines of a Startup Grind event in Cape Town. The company which initially pitched on Shark Tank, raised $1-million from an initial coin offering (ICO) which ran between January and February last year. After the August alpha launch, the final version of the Augmentors...

  • African universities increasingly working with ‘role players’ out of necessity [Q&A]

    Out of necessity, African academic institutions are increasingly more involved in collaboration efforts with other ecosystem role players, says Nelson Mandela University (NMU) Innovation Office acting director Leoné Nowell. Nowell (pictured above), believes universities should be urged to build and maintain mutually beneficial relationships with established tech incubators and clusters. This she says will help universities to develop a "more comprehensive pipeline while tackling specific issues, like regional upskilling, in a coordinated manner". She explains that the her office manages the university's Technology Innovation Agency (TIA) seed fund portfolio. In addition, the university is a shareholder in the Propella Business Incubator, an ICT and advanced manufacturing hub. Read more: Here’s what...

  • Moving money online? These tips will help you figure out which laws apply to you

    Fintech startups operate in one of the most heavily regulated sectors -- and for good reason. After all, they do handle people's money and personal details. Thomas Reisenberger, compliance and regulation attorney at Legalese, last month held a free workshop at Rise Cape Town where he shared some tips and insider information on what startups who move money online should look out for, which laws they are likely to trigger and steps they can take to protect themselves. Mapping out what you do, how you do it and who you do it for will help you to figure out which laws apply to you "If you ask these...

  • AFD to invest R14.5m in Tshimologong’s new Digital Content Hub

    In its first investment in digital innovation in South Africa, the French Development Agency (AFD) will next week sign a three-year €950 000 (R14.5-million) grant to fund Tshimologong Digital Innovation Precinct's new Digital Content Hub set to launch on 9 July. The Braamfontein-based Digital Content Hub is the result of an existing collaboration between Tshimologong and the the French Institute of South Africa's (IFAS) Digital Lab Africa initiative which seeks to support African startups involved in multimedia content. The launch, which will be attended by the French ambassador Christophe Farnaud, will see the AFD sign a three-year €950 000 (R14.5-million) grant that will enable Tshimologong to expand...

WP Twitter Auto Publish Powered By : XYZScripts.com