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All posts by Matthew Alexander

  • BriteCap gets top honours at SAP Startup Focus Forum

    Employer benefits platform, BriteCap, has won the pitching competition held during the SAP Startup Focus Forum. The event took place at the Barclays Rise space in Cape Town on 20 October 2016. The forum was organised by SAP, one of the major players in enterprise application software as well as Rise, an initiative created by Barclays geared toward fintech startups. "Rise Cape Town has partnered with SAP as we share a vision to bring startups and corporates together to solve some of the biggest challenges facing financial service," said ecosystems manager of Rise Cape Town, Camilla Swart. "By creating a community of the world's brightest...

  • Domestly debuts weekly subscription service

    Popular cleaning service, Domestly, has tweaked their service to offer a better experience for the consumer and for the cleaner. Domestly is now offering a subscription service which allows you to book your favourite cleaner on a repeated weekly schedule. Consumers now have a choice between a three, six or 12 month period with payments being sorted through a debit order for the duration of the subscription. If consumers were to select the longer-term packages (six or 12 months), they'll receive a 5% to 8% discount respectively on their monthly payments. The startup has also decided to branch out into servicing businesses...

  • Bandwidth Barn launches its latest co-working space, The Basement

    One of SA's oldest accelerator and incubation hubs, the Bandwidth Barn (a CiTi operated initiative), has launched their new co-working space. The Basement, launched in partnership with Telkom, is equipped with 300Mbps internet connectivity to assist startups and entrepreneurs as well as give gamers space to call their own. "To put that into perspective for you, if we were an ISP we could provide internet connectivity to 15 000 homes," says CEO of CiTi, Ian Merrington. The fast line speed aims to connect businesses faster as well as boost gaming initiatives in SA. The two packages on offer from The Basement include one for...

  • Sw7 Tech Innovation Hub to open in JHB

    Technology accelerator Sw7 has announced it will be opening a tech innovation hub in the northern suburbs of Johannesburg. The workspace offers flexible packages for entrepreneurs and will serve up to roughly 100 members. Packages range from R1000 to R3500 per person, depending on the duration of stay and quantity of hot desks needed. Keith Jones, founder of Sw7, has over 15 years of experience in performance management and strategy execution. His experience also extends to assisting tech startups with their analytics to accelerate their growth. "Being an entrepreneur can be a lonely journey and being part of a community of like-minded people that are...

  • LaunchLab’s Knowledge Acceleration Programme now open for registration

    The Knowledge Acceleration Programme (KAP) hosted by LaunchLab has now opened its doors for registration. KAP begins on 8 November 2016 and will take place twice a week during the evening at Nedbank's Stellenbosch University LaunchLab. The entrepreneurial development programme is designed to equip aspiring entrepreneurs with business planning and management skills. More specifically, key learning outcomes for participants will be: How to manage cash-flow as well as profit and loss Estimation and pricing How to design competitive business models Understanding and developing a successful marketing strategy and planning skills How to identify viable business opportunities LaunchLab has opened registration for their Knowledge...

  • Seedstars World heads to Harare

    Seedstars World is heading to Zimbabwe on 30 October 2016 for the very first time, in search of the nation's most innovative startup. With the support of local host Impact Hub Harare, Seedstars World is looking for smart startups who are able to solve regional issues through innovative products and services. These startups are to be able to produce and develop profitable products for the global market as well as support their regional business and growth. Eligible startups need to be less than two-years old, have raised less than US$50 000 in funding and have already built a minimum viable product with suitable traction. "Seedstars...

  • Wutiko wins Seedstars World Dakar

    Online job portal, Wutiko has won Seedstars World Dakar and will go on to represent Senegal in the final pitching event in Switzerland next year. This leg took place in Jakkolabs, carried out with support of Concree as well as Orange and Microsoft. The event was also supported by Jokkolabs, Brussels Airlines, Myriad Group and VC4Africa. Wutiko is a job-seeking platform that uses machine learning technology to help consumers find suitable employment. They were closely followed by two other contestants. Coming in second and third respectively are: Sharek - A file-sharing app which allows users to share large files between Android devices as well as from Android to iOS. Weebi...

  • Q&A: Craig Hudson on Xero’s break into the SA market

    Ventureburn recently spoke to Xero's regional director EMEA, Craig Hudson, about the cloud-based accounting software helping thousands of SMEs around the world.   Xero, founded in 2006 in New Zealand, rapidly grew from a small startup to being recognised by Forbes as the number one innovative growth company for 2015. Breaking into the SA market, Xero shared their plans and strategy to support the SA small enterprise economy Ventureburn: What are your responsibilities within Xero? Craig Hudson: I’m responsible for everything to do with Xero’s growth strategy and get great support from the global business and our (team) GM out of the UK. VB: What was the inspiration...

  • Kosmos Innovation Center awards two startups US$50 000 in seed funding

    The Kosmos Innovation Center in Ghana has awarded two winning teams US$50 000 in seed funding at their pitching competition last week. Kosmos Energy launched the Kosmos Innovation Center seven months ago, with the aim of driving inclusive economic growth through entrepreneurship.The initiative also hopes to provide the private sector with commercial solutions to various issues. The pitching competition brought together representatives from the agricultural industry, local technology specialists, young entrepreneurs and students as well as many senior business mentors. "Through these series of innovation-focused events and competitions, we challenged young entrepreneurs to build the foundation of commercially-viable agritech products solutions to address challenges...

  • Tritech Media invests 20% holding in GoMetro

    Media technology company, Tritech Media, has announced today the investment of a 20% holding of smart mobility company, GoMetro. The remaining shares of GoMetro are currently held by its founders, a VC firm, 4Decades Capital which represents the former CEO of Rand Merchant Bank, Mike Pfaff; chief investment officer Derek Prout-Jones. AngelHub Ventures, representing former FNB CEO, Michael Jordaan also retain remaining shares. GoMetro's propriety mobility platform aims to simplify transport operations especially within and around congested areas, such as Sandton. "This is such a great strategic acquisition for our group," said CEO and founder of Tritech Media, William Kirsh in a...