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Startup news

  • Global Entrepreneurship Network announces top 10 finalists

    The Global Entrepreneurship Network (GEN), an entrepreneurial platform, aims to find the most innovative and promising startups around the world. GEN has announced the finalists for their Startup Open during their Global Entrepreneurship Week (GEW), which is celebrated by roughly 10-million people in 165 countries, the network claims. The Startup Open gives entrepreneurs a virtual platform to pitch their business as well as receive feedback on their offerings. The Startup Open will also give entrepreneurs a platform to compete for mentoring opportunities to help further their goals. President of GEN, Jonathan Ortmans commented in a press release, saying, "These individuals and cofounder...

  • Top African startups participating in Slush 2016

    One of Europe's leading startup events, Slush, will take place from 30 November to 1 December in Helsinki,Finland. With over 15 000 attendees and more than 1-million live-stream viewers, the event will also be hosting some of Africa's innovative startups. The conference will sport a variety of distinguished speakers and investors presenting a multitude of talks and studies relating to SMEs and entrepreneurship. Some of the events happening during the conference include a fireside chat with the founder and chairman of Lower Case Capital, Chris Sacca; a presentation on fintech startups and how they're democratising capital markets and much more. Slush 2016...

  • DocFox partners with global law firm Norton Rose Fulbright

    Fintech startup, DocFox, has announced a partnership with Norton Rose Fulbright, a global law firm, which aims to provide companies with a simpler way to complete their FICA compliance process. "DocFox is a sophisticated yet easy-to-use web application that helps customers submit their FICA documents electronically in a just a few taps. Customers can upload copies of their proof of identity and address documents, or submit documents using their smartphone camera," said DocFox CEO, Ryan Canin, in a press release to Ventureburn. The web-application conducts various fraud checks to ensure document authenticity and compliance; it also allows all communications with clients to...

  • delvv.io receives R6.5m in funding round [update]

    Update 22-11-2016: additional quotes and information. Startup delvv.io has received R6.5-million in a funding round, which was led by SA VC HAVAIC and UK-based investor Kevin Gaskell. The amount will be used to expand the startup's reach both locally and internationally. The startup enables agencies and brands to receive early-stage feedback on a variety of ideas from a network of independent specialists. "Entering the funding phase is exciting because it means we can go to market faster and start international expansion," says the co-founder of delvv.io, Trevor Wolfe, in a press release to Ventureburn. Wolfe goes on to explain that trying to raise funding from international VCs...

  • She Leads Africa announces Demo Day winner

    She Leads Africa (SLA), an ecosystem designed to help young African women make their entrepreneurial dream a reality, has announced the winner of their 2016 accelerator. The 2016 SLA Accelerator Programme began in July in Lagos with help from companies such as Work in Progress, Alliance and Guaranty Trust Bank. This programme was aimed at identifying, supporting and funding some of Nigeria's brightest female entrepreneurs. Fresh Direct Produce and Agro-Allied Services were announced as the winners of the Investor Demo Day and have won an N2-million investment from SLA as well as business support services. Fresh Direct Produce and Agro-Allied Services is...

  • BeSpecular CEO wins Innovator Recognition Award from MTN

    The CEO of tech startup BeSpecular, Stephanie Cowper has been awarded the Innovator Recognition Award at the inaugural MTN Women In ICT Awards "Partnering for Change" awards. According to the MTN website, the "category recognises women that have introduced new methods, ideas, or products that are contributing in one way or the other to the delivery of a bold, new, digital world." The BeSpecular app works by allowing volunteers with sight to help the visually impaired. Users can take a photo of an object or situation, upload it, and have it identified by those who are able to assist. Since the app's launch on both iOS...

  • Domestly adds AppsAfrica Award to its trophy cabinet

    Cape Town-based startup Domestly has this week won the Best Disruptive Innovation Award at the AppsAfrica Awards 2016. This comes after the company won the overall MTN Business App of the Year accolade in August 2016, and an expansion into Gauteng a month later. The Awards, which took place in Cape Town Monday night and recognises entries from over 25 countries, "celebrate the enormous growth in mobile, technology and entrepreneurship in Africa". Speaking in a press release, Domestly noted that these small wins are enabling the company to grow across the country. "It is achievements and recognition like this that have allowed us...

  • Seedstars World heads back to Rwanda

    Global pitching competition, Seedstars World heads back to Rwanda for the next leg of their competition on 6 December 2016 and will take place at Rwanda Online's headquarters. Travelling to more than 65 countries, the pitching event aims to find the best startup to represent their respective countries at the final pitching event in Switzerland in 2017. Selected finalists pitching in Switzerland stand a chance to win up to US$1-million in equity as well as the opportunity to network with industry professionals and mentors from around the world. Eligible companies to pitch at Seedstars Kigali need to be less than two-years old and...

  • OfferZen passes recruitment milestone

    Online recruiting marketplace, OfferZen has helped more than 250 SA companies recruit top software developers through their platform. The recruitment platform has recently passed its recruiting milestone, having averaged 40% compound growth each month since its launch. According to OfferZen, they're now placing one developer into a permanent position every day. Software developers seeking a new job create a profile on the platform, which is followed by an advisory process on the hiring process of companies on OfferZen. The job seeker, with help from OfferZen, negotiates their salary and prepares for an interview to best understand how to market and sell themselves. To ensure that...

  • Zoona wins Social Entrepreneurship prize

    Mobile payments company, Zoona has been awarded the Social Entrepreneurship award at the Africa Awards for Entrepreneurship (AAE). The event was hosted by the African Leadership Network in Mauritius. The Social Entrepreneurship award is given to organisations addressing social problems in Africa, and who have a revenue between US$150 000 and US$2.5-million. It was accepted by brothers and co-founders Brett and Brad Magrath. "We are honoured to have been recognised among organisations that are such a force for positive change on the African continent," says Brad Magrath in a press release to Ventureburn. Zoona has recently raised US$15-million in funding, while passing other milestones too "We strive to take...