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All posts by Matthew Alexander

  • Three Cape Town startups win place at Seedstars World regional final

    Three Cape Town startups last night secured a place at the next round of global business competition Seedstars World, after coming out tops at a pitching event held in the city. The representatives will go on to compete at the next round of the competition at the Standard Bank Auditorium, Johannesburg on 29 June. Representing Cape Town will be: GreenFingers Mobile — A mobile-first SaaS platform to finance and manage smallholder farmers. EMG Technologies — Aggregates regional medical content from experts in one app for medical professionals. mbora — A solar-powered internet of things enabled sensing suit which provides real-time visibility to any service provider across its network. Jumpin Rides —...

  • HiiL justice accelerator opens call for innovative entrepreneurs

    The Hague Institute for Innovation of Law's (HiiL) justice accelerator is calling all entrepreneurs looking to grow and innovate the SA justice system to apply to join the initiative. Applications for the accelerator close on 30 June and HiiL will be hosting pre-events in Maboneng, Johannesburg tomorrow (9 June) as well as Workshop 17 in Cape Town next Thursday (15 June). The accelerator is looking for lawyers, civil activists and technologists with innovations that could improve the way the law operates within South Africa. Aside from backing innovative ideas, the accelerator is also aiming to build its current network of law...

  • Entersekt concludes multi-million dollar deal

    Cape Town based authentication and mobile-security solutions company, Entersekt announced today that it has concluded a multi-million dollar deal with Rand Merchant Investment Holdings (RMI) and Nedbank Private Equity (NPE). RMI and NPE, through their various startup accelerators and investment hubs such as RMI's AlphaCode and NPE's BoE Private Equity Investments, acquired minority shares of an undisclosed amount in Entersekt. "We are immensely honoured that investors of such a high calibre have endorsed our long-term vision in this way," said Schalk Nolte, Entersekt’s CEO in a press release to Ventureburn. The injection of capital will be used to further expand Entersekt's reach into other markets...

  • Seedstars World calls on all Mozambican startups to enter

    Global startup competition Seedstars World is headed to Mozambique on 14 June. This year, the initiative is calling on startups from across the country, even those residing outside of Maputo, to compete. Seedstars World has received support from Standard Bank and local ambassador UX Information Technologies, among several other entities. "Standard Bank's purpose is Africa is our home and we drive her growth," said Victor Jardim, Head of Personal and Business Banking of Standard Bank Mozambique in a press release to Ventureburn. "To this end, technology is a factor that will play a critical part in changing lives and fulfilling aspirations across the continent...

  • Here are the 11 startups that will pitch at Seedstars World Cape Town

    Eleven startups will this Thursday (8 June) compete for a place in Seedstars World's regional final when the global pitching competition kicks off its Cape Town pitching competition at Workshop 17. The regional final will be held at the Standard Bank Auditorium in Johannesburg on 29 June. "The talent we see in South Africa year after year is just amazing, and we are excited to be back to Cape Town for the satellite event," said Seedstars World Africa regional manager Claudia Makadristo in a press release to Ventureburn. "This year, there is a great variety of quality companies tackling real problems in new innovative ways. We might...

  • AfriLabs welcomes 11 new hubs to its Pan-African network

    AfriLabs, a network of over 50 technology innovation hubs on the continent, has announced the addition of 11 new incubators and accelerators. In an announcement last week AfriLabs head secretariat Anna Ekeledo said the organisation is constantly looking to partner with tech hubs and other stakeholders of technology-related businesses to develop better-enabling policies, access to the right tools, environment and finance to scale in Africa. A key aim of AfriLabs, which was set up in 2011, is to create an ecosystem of major hubs to support the development of startups across the African continent. The 11 new hubs joining the AfriLabs network are: nHub (Nigeria) -- According...

  • Top startup events in South Africa, Africa you should know about this week [5/06/2017]

    Looking to get into the South African startup scene or catch up on some of your skills? Well, you've come to the right place. There are loads of competitions, networking sessions and workshops happening around South Africa and the rest of the continent (namely Kenya, Nigeria and Ghana) that we've rounded them up to make your life a bit easier. This article is part of a weekly series that highlights all the top startup competitions, networking sessions, workshops and conferences around South Africa, and the greater region. If you have any event recommendations for us to add to the list,...

  • Young Investors Programme readies students for work in financial services

    The University of the Western Cape (UWC) School of Business and Finance (SBF) has launched an initiative to ready business-minded students for a career in financial services. The university launched the Young Investors Programme (YIP) was launched on 5 May after a group of UWC B.Com Honours Finance students approached the SBF after experiencing problems adapting to the workplace. Keagan Martin, one of the students behind the initiative and a UWC BCom Finance Honours 2016 graduate, said after going for job interviews he and fellow students discovered that their level of industry knowledge was not quite as advanced as they had wanted it to be and so came up with the...

  • Startups to take 1GIANTleap from idea to concept in 12 weeks with new programme

    Want to get help developing your new business idea? Startups have until this Monday (5 June) to apply to the 1GIANTleap programme which aims to help entrepreneurs to leap from idea to proven concept in just 12 weeks. The 12-week programme, an initiative of business support organisation Edge Growth, takes place from 8 June in Johannesburg. The programme, which was first run in 2014, begins with a selection process where entrepreneurs are tested on various qualities, business ideas, personal circumstances and their commitment to serving customers both online and offline. "One of the risks you run as an entrepreneur is to create something...

  • Naspers invests $80m in Indian startup

    Internet and media group Naspers announced this week that it had invested $80-million in online food ordering and delivery platform Swiggy in its Series-E funding round. During the five rounds of funding, Swiggy has all together raised $155.5m. Swiggy launched in 2014 in Bengaluru, India. Today the platform covers eight cities, namely: Bengaluru, Delhi, Mumbai, Bangalore, Chennai, Hyderabad, Pune and Kolkata. The platform has over 1,000 employees across all functions such as sales, marketing, technology and customer service with 13,000 delivery executives. Speaking to Ventureburn, Swiggy's marketing vice-president Srivats TS said the funds would help the startup to double its technology headcount and increase...