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News

  • Kairos Society is looking for 50 startups to showcase at the NYSE

    Applications are open for the Kairos 50 (K50) New York Stock Exchange startup event. It will take place at the Kairos Society Global Summit from 21 to 22 April 2017 in New York. The aim of the event is to showcase a range of startups from around the world. The Kairos Society is looking for 50 startups from around the world to take part. These companies need to be in the seed stage of their growth, with at least one co-founder being under 26 years of age. Those selected will receive an all-expenses-paid trip, where they will also meet over 350 entrepreneurs from 50 countries. Each participant...

  • Ventureburn wants to know about your tech startup

    Ventureburn is dedicated to featuring and writing news about startups in emerging markets. In fact, it's our passion to inform our readers about new startups, entrepreneurs doing great things, entrepreneurs not doing such great things, and events. Even with all of our networks and contacts, sometimes there are startups that fall through the cracks. In this case, we'd love to know about them. If you think your startup (or someone else's) has some interesting news then please let us know. The company needs to be tech-based, or using technology in an interesting way, and be situated in an emerging market (such as...

  • Call for nominations: Digital All Stars’ top green startups

    There are an incredible amount of startups in SA who are tackling natural resources, harnessing power, or even changing the way cars work. For Ventureburn's next Digital All Stars piece, we will be focusing on the top green startups in South Africa. We are looking for candidates who are using tech, or who are are tech-focused, with green startups. These can range from solar solutions to redefining how car emissions work. Now is your chance to submit whoever you think would fit the criteria. In order to do so, please email editor@memeburn.com with the subject "Digital All Stars green startup nomination". The email...

  • OPIC to finance Unreasonable Capital with US$5-million

    The US government's Overseas Private Investment Corporation (OPIC) has announced their  support of Unreasonable Capital, to the tune of US$5-million. Unreasonable is a venture capital firm which invests in emerging startups across Africa, Asia and Latin America. Their main focus is assisting startups which address social and environmental issues while still showing promise of being profitable and scaleable. OPIC's president and CEO, Elizabeth Littlefield commented on the investment in a press release. "OPIC is delighted to support Unreasonable Capital as the fund invests across several regions and in a variety of sectors, from energy access to financial technology, that will have a positive development...

  • 2017 applications now open for Street Business School

    The Street Business School, a Johannesburg-based institution for entrepreneurs, is taking applications for 2017. Ten students are selected for the programme per annum. Their studies will be fully funded and they'll have an existing business to "take and break" over the period of three years. According to a press release sent to Ventureburn, the school "offers practical opportunities to aspiring entrepreneurs by giving selected candidates the chance to build startups and gain commercial business experience in a real-world setting". "We have launched Street Business School, the first-ever school for entrepreneurs, with the aim of creating more opportunities for young South Africans. We...

  • RainFin adds new R100m Business-to-Retail loans to its product offering

    Fintech startup, RainFin has added crowdfunding and lending options to its platform in the form of Business-to-Retail loans. Amounts of up to R10-million will be handled through the service. This new offering will allow companies of varying sizes to borrow from a range of sectors, such as the retail market, asset managers, institutional lenders, and even their existing customer and supplier bases. "The Business-to-Retail product leverages RainFin's technology to significantly reduce the cost burden associated with traditional loan origination, which in effect enables alternative capital providers and individuals to price loans based on the true economic cost of lending," says the chief commercial officer...

  • Swedish startup accelerator programme is looking for global applicants

    Swedish-based Fast Track Malmö is looking for startups from around the world to participate in its startup accelerator. It will be based in Malmö, Sweden and will be held at the Minc startup hub. Interested startups will need to have a product that is scalable globally and use tech in some way. Those who are accepted will receive between R450 000 to R750 000 to run the startup and free office space with access to around 300 people and 40 companies. The startups will also have access to mentors, investors, angels, and a global network of resources. Fast Track Malmö is a joint project by Minc, ALMI...

  • Blue Label Telecoms announces new SME accelerator programme

    Telecoms company Blue Label Telecoms and Blue Pencil Management (Blue Pencil) have launched a business accelerator programme. The programme will grant SMEs access to necessary funding, networks, market opportunities and skills to help them become commercially successful. Blue Pencil helps small to medium-sized enterprises channel development, as well as investment and acceleration services. This, in conjunction with Blue Label's access to funding and infrastructure, will help boost participating businesses' growth. "Many small businesses struggle to take off and thrive after the incubation phase – by increasing their chances of success and through the right interventions we can help them to have a positive...

  • Jungle Ventures raises $100m fund for Southeast Asia and beyond

    Singapore-based venture capital firm Jungle Ventures announced today it has completed fundraising for its second fund, achieving its target of US$100 million. That’s ten times larger than Jungle’s previous US$10 million fund, which closed in 2012. It had raised around US$65 million in September 2015. Jungle Ventures founding partner Amit Anand tells Tech in Asia part of the new fund has already been deployed, in investments like Thailand’s Pomelo, Singapore’s Tradegecko, and Indonesia’s FinAccel. The VC doesn’t reveal the total amount that has been invested from the new fund so far. New investors include Temasek Holdings, Singapore’s National Research Foundation, and European media...

  • Startup Genome calls for global startup survey respondents

    Global startup exposure company Startup Genome, is looking for entrepreneurs to complete its 2016 Global Startup Ecosystem survey. According to Startup Genome, they "assess each and every response and team up with governments, investors, and other partners to drive positive change in your city". All of the answers will be compiled and released in 2017. The company has also stated that those who complete the survey will "get access to rewards such as free and discounted services from Zendesk, Foundersuite, Olark, Amazon AWS and others". SA startup industry initiative, SiMODiSA is a partner of Startup Genome. The survey can be completed here. Feature image: Kevin Gill via Flickr.