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Startup news

  • Co-working space Craft + Graft to link San Francisco, Cape Town creatives

    Cape Town is set to get a new co-working site, with the expected opening tomorrow of Craft + Graft, which claims to be the city's first co-working space with a twin site in San Francisco. The new co-working space, which will be based in Dunkley Square in Gardens, Cape Town, is set to officially open tomorrow evening, during the city's monthly First Thursday event during an art exhibition to showcase its community programme. Located at 2 Gordon Square, Craft + Graft offers 51 desks in a newly remodeled building, at a cost of R2100 per seat per month, with uncapped internet, shared kitchen, shower, and coffee service. Craft +...

  • Here are the 40 Gazelles that aim to take a leap in Seda programme’s 2nd cohort

    A company that sources high quality foam and rubber component, a charcoal and briquettes manufacturer, a farming co-operative and a corporate shuttle service -- these are just four of the 40 participants in the second cohort of the South African government's National Gazelles programme. The programme, which is run by the Small Enterprise Development Agency (Seda), aims is to grow the value of each of the 40 participating small businesses by 20% over the next three years. The names were announced by Small business development Minister Lindiwe Zulu on Friday (1 December) -- about five months after the second cohort kicked off in June. It...

  • Being chosen by UK accelerator ‘validates product-market fit’ – GoMetro founder

    Coming hot off the heels of revealing that his startup aims to launch a new service that will compete with Uber and Taxify, GoMetro's founder Justin Coetzee says being accepted into the UK's Intelligent Mobility (IM) Accelerator, validates his startup's "product-market fit". The SA smart mobility startup was last month chosen as one of is one of six startups from across the UK (the SA startup has an office there) for the IM Accelerator based in Milton Keynes. The IM Accelerator -- a partnership in the UK between Transport Systems Catapult and Wayra UK -- aims boost high-growth startups in the mobility sector. During the 12-month accelerator programme GoMetro will be...

  • Exclusive: Startupbootcamp Cape Town, EasyEquities to crowdfund first cohort

    Startupbootcamp Cape Town has partnered with investment platform EasyEquities to crowdfund the 10 startups that last week graduated from the initiative's inaugural programme. The announcement was made last week Thursday (30 November) by Startupbootcamp Cape Town managing director Zachariah George at the accelerator's Demo Day held at Ratanga Junction Conference Centre in Cape Town. "This has never been done before, on the African continent or at Startupbootcamp anywhere in the world," said George. Potential investors can view more at http://crowdfunding.easyequities.co.za/. The page lists 15 December as the date the investment round will open, however when contacted EasyEquities vice-president for business development Almero Oosthuizen told Ventureburn...

  • Inaugural Startupbootcamp Cape Town secures 32 agreements with corporates

    Africa's inaugural Startupbootcamp has helped bridge the gap between corporates and startups, with the initiative's first cohort of 10 startups having secured 32 agreements with large companies, says the programme's managing director Zachariah George. The 32 agreements facilitated by Startupbootcamp Cape Town -- which concluded yesterday with a Demo Day in the city -- include pilots, proof of concepts, experiments and contracts with the programmes sponsors and other corporates, said George (pictured above). "This never happens in Africa, in corporate Africa, it usually takes years, two years to get a startup to even have a meeting," said George speaking at the event, held...

  • Aerobotics one of three African startups selected for Launchpad Accelerator

    Cape Town-based aerial data analytics platform Aerobotics has been selected along with two Nigerian startups, Helium Health and Paylater, to join the fifth class of Google's Launchpad Accelerator next year. The latest cohort was announced yesterday by Google Developers Launchpad global lead Roy Glasberg and will kick off next year on 29 January 2018 at the Google Developers Launchpad Space in San Francisco. A total of 24 startups from Africa, Asia, Europe and Latin America have been selected to take part. The Nigerian contingent to the accelerator will be represented by Helium Health's electronic health record platform which claims to bring 10 times more efficiency to patient records...

  • SA legaltech startup NuvaLaw to set up in Holland, partner with insurance firms

    Cape Town legaltech startup NuvaLaw yesterday signed an agreement with The Hague Business Agency and other Dutch authorities to set up in Leiden, The Netherlands to initially partner with large insurance companies in the European country, especially in The Hague and Leiden. The startup is one of three South African companies that will open offices in The Hague region, the Hague Business Agency said in a press release. It follows an agreement signed yesterday by the three companies -- Hystead Limited, IoT.nxt, and NuvaLaw -- with the City of The Hague, The Netherlands Foreign Investment Agency (NFIA), The Hague Business Agency, and InnovationQuarter in Cape...

  • Sagarmatha Technologies launches $1m AI challenge for African startups

    One lucky African startup with a cutting edge artificial intelligence (AI) solution stands the chance to win an investment of $1-million from Cape Town based technology platform Sagarmatha Technologies, with the launch today of the AI Revolution Challenge. Sagarmatha Technologies said in a press release today, that the company will provide $1-million in development funding, as well as more than $2-million in marketing value-adds and prizes to the leading African AI startup. Applications for the challenge close on 31 March 2018 and a panel of AI investors and experts will select up to 20 startups for the final event, which will be hosted in South Africa in May next...

  • Eastern Cape’s Cortex Hub in call for 20 tech entrepreneurs to join incubator

    Are you a tech entrepreneur based in the Eastern Cape? Cortex Hub, an East London ICT business incubator and accelerator, has launched a call for 20 tech innovators to apply to join its 2018 cohort. Located at the East London Industrial Development Zone, the hub runs a 12-week long incubator from which participants can graduate into a 12-week accelerator programme. Applicants have until early January to submit applications. Those that miss the deadline or who don't get in can always try again when the next cohort opens its call -- which will likely fall between May and July next year. "We are looking for great minds...

  • Ovamba’s Viola Llewellyn to be first African female founder to speak at Slush

    Finnish tech innovation conference Slush has announced that Viola Llewellyn -- the co-founder and president of Cameroon-based fintech startup Ovamba -- is among the confirmed speakers at this year's event. The tw0-day conference kicks off tomorrow in Helsinki, Finland and is expected to draw about 20 000 attendants and will also be streamed live. This will be the first time that Slush will have a female African tech founder on its central stage. The founder will discuss how her startup aims to improve financial accessibility in Africa as well as the importance of financial services in emerging markets. "This is epic. Ovamba has worked hard to...