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All posts by Staff Reporter

  • Venture Talk: Bootstrapping vs funding [Part One]

    Ventureburn's monthly panel show, Venture Talk, is out with its second edition, all about the pros and cons of bootstrapping versus getting funding. Guests Nic Haralambous, the founder of Nic Socks and Motribe (which exited to Mxit) and Emma Kaye, the founder of Bozza and formerly Triggerfish Studios (Khumba), chat to Mich Atagana about their entrepreneurial journeys and the various types of funding they used/received to start their diverse companies. Whether its bootstrapping, VC, Angel, or client funding, this candid talk gives insights into Haralambous and Kaye's funding experiences, and how the African tech scene tends to value the...

  • SEACOM goes social: plans community outreach programmes in Africa

    Cable and communications company, SEACOM is today celebrating the anniversary of its commercial launch by committing itself to community outreach programmes across the African continent. Going by the tagline "Building the African Internet," the company is mainly known for launching Africa’s first broadband submarine cable system along the eastern and southern coastlines in 2009. This year's initiatives revolve mainly around ICT and social development. Community projects across Africa are being carried out in an effort to further the company's social investment programme in the name of Foundation Day. In South Africa, the company will focus its efforts on Tembisa High...

  • China-Axlr8r partnership gives Tech Trailblazers Asian-Pacific Cup extra zing

    Tech Trailblazers has announced a new partnership with China-Axlr8r, China's "first mentorship-driven seed-funding startup program," giving added value to Chinese startups who enter the Tech Trailblazers Asian-Pacific Cup. The Tech Trailblazers Awards is a global online community that recognises and rewards the top IT startups from around the world in categories such as big data, cloud, mobile, networking, security, storage, sustainable IT and virtualisation technology, but also has the Emerging Markets Trailblazers and Regional Trailblazers Cups which are regional awards. The new partnership will see China-Axlr8r offer the winner of the Asian-Pacific Trailblazers Cup a free place in its 2014...

  • Singaporean e-grocer RedMart raises $4.6-million in series A funding

    The Singapore-based online grocery store RedMart has closed its Series A round of funding. Yesterday, the company announced that the funding will bring its total sum of investments up to US$4.6-million. RedMart received more than US$3-million from not a venture capitalist, but a tech company. Garena, a local startup that focuses on connecting gamers though a website as well as providing a chat messaging service. RedMart, on the other hand, is a e-grocer that delivers for free if a customer's order is above US$60. Founded in 2011, the young company had US$5-million in annual sales with 11 000 registered users....

  • 88mph partners with Samsung, extends reach of African startups

    Startup accelerator 88mph and Samsung Electronics Africa have entered into a partnership to provide three lucky startups, who enter the 88mph programme before 1 August, the chance for placement on the Built for Africa App store, potentially giving a presence on millions of smart devices across Africa, as well as marketing help from Samsung to boot. “88mph is extremely excited about partnering with a company like Samsung, and being a filter for sourcing great products to their platform,” says Kresten Buch, Founder & MD of 88mph. “As an early-stage investor, it's important to create an infrastructure around the startups that...

  • Startup Blitz: pay-per-meet with group dating site Weaver

    The group dating, not-so-dating startup Weaver takes to the stage this week on Startup Blitz. Currently based in Cape Town, founders Kiril Dobrev and Andrew Lynch share their startup pitch and insights. Using the familiarity of friends and some dutch courage, the dating experience hopes to create a platform where people can meet new friends and simply have a good time. Weaver aims to distinguish itself from the run-of-the-mill "creepy dating sites." This is done by focusing on group dating which includes the familiarity and loyal backup of trusted friends. Also, rather than purely focusing on once-off customers aiming to...

  • Startup Blitz: Supernice on improving brands’ digital engagement

    "Innovate. Touch. Create." are the words that Supernice stands for. While aiming to create "not just another app," the startup wants to create fun, engaging and rewarding brand experiences. Our new Startup Blitz, puts Supernice founder Daren Fuchs under the spotlight. Simply put, the startup promotes better user engagement for brands to connect the online with the offline world. This is done by designing digital widgets ranging from web, mobile to touch and gesture-based applications focused on improving interactive digital experiences. So far Supernice's portfolio includes applications for Adidas and The Bubbleheads as well as an environmental awareness iPad game called POP...

  • MEDO offers ‘trip-of-a-life-time’ to ICT entrepreneurs

    Between MEDO(Micro Enterprise Development Organisation) and BT (British Telecom) Global Services, 11 entrepreneurial businesses have the opportunity to get training as well as exposure to business and investment partners at the International Trade Programme this November. Entrepreneurs, who have small businesses operating within the Information, Communication and Technology sectors, are invited to apply for the next International Trade Programme. All entries will be evaluated and the selected entrepreneurs will be placed on the programme. Those who triumph during ‘bootcamp’ will go on the next trade visit to the UK in November 2013. Apart from exposure and the "trip-of-a-life-time," chosen applicants...

  • Startup Blitz: OrderIn, online food ordering made simple [Video]

    It's 9pm. You're in a lazy mood, but you're hungry. You don't know what to get. You could get the tried and tested pizza from down the road that you love so much, or the budget gatsby from around the corner. But you're not feeling either, you're stumped. In a haze of confusion you revert to habit and start dialing the pizza-place, but then you remember about that online food ordering service you saw on Ventureburn - OrderIn - and everything changes. You go to the website and type in your address. You see that the gatsby shop is...

  • Microsoft 4Afrika included in Obama’s Washington Fellowship programme

    During US president Barack Obama's visit to South Africa last weekend, he announced the Washington Fellowship for Young African Leaders. This fellowship is the new flagship programme under the president’s Young African Leaders Initiative (YALI). Part of this programme is Microsoft's 4Afrika initiative, which offers internships across the continent. The Washington Fellowship initiative is an annual programme and will commence next year and will put more than 500 young African leaders through leadership training and mentoring in the United States. This will "also create unique opportunities in Africa for Fellows to use their new skills to propel economic growth and...