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Startup news

  • Meet the African startups that won this year’s Seedstars World pitch events [Updated]

    After a seven-month long journey that saw the Seedstars World team travel through more than 25 countries on the continent, a total of 17 African startups will this week participate at this year's edition of the Seedstars Africa Summit which kicks off tomorrow (11 December). The startups are winners of the 17 pitch events Seedstars World held across the continent. North African startups 7keema, Optimalogic and Elham Education took part in the MENA Seedstars Summit which was held last month in Beirut, Lebanon. At the summit, the 17 -- along with three Swiss startups -- will participate in a day-long growth bootcamp where they will learn more about...

  • SA startup Pineapple to take on US market with Hartford InsurTech Hub

    Just months after winning a place in the prestigious Google Launchpad Africa accelerator, Joburg based insurtech Pineapple has been accepted into the US based Hartford InsurTech Hub. The accelerator, which is funded by Startupbootcamp (affiliated with SBC Afritech in Cape Town) and has been running since last year, unveiled its 2019 cohort of startups last week, in an announcement carried on US publication Insurance Journal. According to the announcement, the 10 teams were selected from more than 230 applications and will relocate to Hartford, Connecticut in the US for the three-month programme which starts in February next year. Teams will get support in the form of mentorship...

  • IFC announces firms selected for The Next 100 African Startups Initiative

    The International Finance Corporation (IFC), part of the World Bank, has announced the winners of  The Next 100 African Startup Initiative that will attend the Africa 2018 Forum tomorrow (7 December) in Sharm El Sheikh, Egypt. The Next 100 African Startup Initiative -- which the IFC runs in co-operation with the Egyptian Ministry of Investment and International Cooperation (MIIC) -- aims to provide up-and-coming small businesses with funding and advice. In a statement today (6 December), the IFC said more than 500 startups from 35 African countries applied to be part of the programme. The selected firms are from 25 countries and operate across more than 12 sectors...

  • Cape Town firms dominate Heavy Chef’s list of SA’s most exciting startups of 2018

    Five Cape Town based firms have been selected as Heavy Chef's "SA's Top 5 Most Exciting Startups 2018" from over 1600 entries from around the country. The five are fintech Lifecheq, healthtech LifeQ, lingerie and swimwear startup Thursdays, aerial analytics firm Aerobotics and machine learning specialists DataProphet. The list, which the events and media company started last year, aims to celebrate innovation and leadership in the SA tech community. Last year SweepSouth, Wala, Zoona, Jumo and Yoco topped the list. Over 1600 entries were submitted for Heavy Chef's SA’s Top Most Exciting Startups 2018 Speaking at an event last night (4 December) at Workshop 17 in Cape Town, Heavy...

  • Nigeria’s Itanna accelerator startups secured eight partnerships says head

    Four Nigerian tech startups have secured eight agreements to partner with Nigerian corporates following the conclusion of the inaugural cohort of Lagos-based accelerator Itanna, the accelerator's director Tomi Otudeko has revealed. The accelerator was launched by Nigerian conglomerate Honeywell Group in August, with the four -- Accounteer, KoloPay, Tradebuza and PowerCube -- forming the inaugural cohort. Otudeko (pictured above, third from right), who is also the head of sustainability and innovation for Honeywell Group, was responding to questions from Ventureburn, yesterday (4 December) four days after the accelerator concluded its inaugural four-month programme with a demo day in Lagos. The demo day, which was held at Itanna's Enterprise Factory...

  • 88 Business Collective honours Locumbase, SweepSouth founders

    Two SA female tech founders -- Locumbase founder Zulé Vuuren and SweepSouth co-founder Aisha Pandor -- have been honoured by Cape Town accelerator 88 Business Collective and Absa bank. Vuuren's startup -- which makes it easier for freelance medical professionals and practices to connect effectively (simplifying the locum booking process) -- and Pandor, were presented with awards at a ceremony held at Absa’s innovation lab in Cape Town last Tuesday (27 November). Vuuren -- whose startup earlier this year secured funding from a panel of investors, which included Michael Jordaan -- took home the best tech newcomer of the year award, while Pandor was honoured with The Glass ceiling destroyer...

  • Entrepreneurship platform RiseUp to launch Egypt Startup Manifesto

    Cairo-based entrepreneurship platform RiseUp will tomorrow (4 December) launch the Egypt Startup Manifesto, which aims to outline solutions to the challenges faced by Egyptian entrepreneurs. The launch takes place a day before the organisation kicks off its sixth annual RiseUp Summit, which kicks off in the Egyptian capital on Friday (7 December) and runs until Wednesday next week (9 December). RiseUp's Startup Manifesto project head Aliaa Abdel Aziz told Ventureburn in an email last week that unfair government policies are among the key challenges that Egyptian entrepreneurs face. She said the manifesto, which is over a year in the making, has been put together by RiseUp in collaboration with other support organisations and aims to help...

  • Startup Guide launches call for nominations for Joburg edition

    Berlin based publishing company Startup Guide has launched a call for entrepreneurs and those that are part of the Joburg entrepreneurship ecosystem to nominate themselves to be featured in Startup Guide Johannesburg. Nominations close on 13 December. The call comes after the company, which produces guidebooks on leading startup cities around the world, yesterday (29 November) held a launch event at the Tshimologong Digital Precinct in Johannesburg in partnership with SAP Next-Gen, to publicise the initiative. Since it was founded in 2014 by Danish entrepreneur Sissel Hansen, Startup Guide has published guides for 18 different cities across Europe and the Middle East. In August the company launched a...

  • Five Injini startups secure trials, partnership deals – incubator head

    At least five of the startups in Injini's second cohort have secured trials and partnerships with schools, corporates and government agencies since joining the edtech incubator's programme, Injini CEO and founder Jamie Martin has revealed. Martin was responding to Ventureburn questions earlier today (29 November) following the demo day the incubator held yesterday (28 November) at Amazon Web Services' offices in Cape Town to conclude its second cohort. The demo day saw the seven startups in Injini's second cohort -- namely Bluebic, eLimu, Langbot, Learning Factory, Lightbulb, Nahana Africa, ScholarX and SlateCube -- pitch to investors, companies and NGOs. The invite-only event was also...

  • Google Impact Challenge Kenya, Nigeria, SA winners announced

    Thirty-six African non-profits and social enterprises have each been awarded a share of $6-million in grants from Google. This, after the tech giant announced the Kenya, Nigeria and SA winners of the Google Impact Challenge last night (28 November). The announcement was made at events held in Nairobi, Lagos and Johannesburg. Through the challenge, Google aims to find the most innovative African non-profits and social enterprises using technology to solve societal problems. The challenge's top four winners across the three countries have won $250 000 each, while the eight runners up in each country take away $125 ooo. In a statement yesterday (28 November), Google said...