• BURN MEDIA
    • Memeburn
      Tech-savvy insight and analysis
    • Gearburn
      Incisive reviews for the gadget obsessed
    • Motorburn
      Because cars are gadgets
    • Jobsburn
      Digital industry jobs for the anti 9 to 5!

Startup news

  • Andela receives US$24-million investment from Chan Zuckerberg Initiative

    During a round of Series B funding, coding startup programme Andela, received US$24-million (+R360-million) from the Chan Zuckerberg Initiative (CZI). The funding was announced on the Andela website and Facebook on 16 June. "This marks the first time that Mark and Priscilla have led a round and we’re thrilled to welcome them, as well as GV (formerly Google Ventures), to the Andela family," writes co-founder and CEO of Andela, Jeremy Johnson, in the announcement. Andela launched two years ago and trains software developers in Africa. Those trained during the six-month programme are then placed in positions with Fortune 500 companies and international...

  • Seedstars crowns 3 winners at Soweto startup pitching event

    International startup programme Seedstars, announced Umoyair, Sortd, and Riovic as winners of its Soweto pitching event. The event took place on 11 June at eKasiLABS Garankuwa, Tshwane. The event consisted of ten pre-selected startups pitching in front of a panel of judges and an audience. Thereafter, the three winners were decided. The three startups will go on to compete in Johannesburg against winners from the Cape Town and Durban Seedstars pitching events. From there, an overall South African startup winner will be chosen who will represent SA in the Seedstars World pitching event in 2017,  and stand a chance of winning a US$500 000 equity prize. Jacobs...

  • SA-based Snapt expands after nabbing $1m in funding

    South African tech company Snapt is expanding after it secured almost US$1-million from local investment firm Convergence Partners. The company, which provides "high-end virtualised and cloud-based load balancing, web acceleration and security software", confirmed that it has appointed 4Di Technologies as its African distributor. The news sees the SA company shift some focus back to its home continent, signalling a potential move away from North America. It confirmed that South Africa will be the initial focus, but that East and West Africa are on the cards too. Speaking of clients, the company also provided interesting figures on its growth. "Since its launch in 2012, it has grown by...

  • Ride sharing platform GoMyWay reaches one-year milestone, shares customer experiences

    Nigerian ride-sharing startup, GoMyWay, celebrated its one-year birthday of operation on 10 June. The company connects passengers to car-owners who are using the same route or heading for the same destination. To date, the platform has over 4000 registered users and 30 000 seats offered across 20 different Nigerian states. "The benefits of ride-sharing to Nigeria, its citizens and the environment are huge. It has also been interesting to see the role it plays in building new connections, which is something we highlighted in our anniversary video," writes CEO and co-founder Damilola Teidi in a press release to Ventureburn. "Our goal is to...

  • FNB crowns WiGroup CEO as winner of 2016 Innovation Awards

    SA banking institution FNB named WiGroup founder and CEO, Bevan Ducasse, as the winner of its FNB Business Innovation Awards for 2016. As Ducasse's prize, FNB and SWISS International Airlines will sponsor his attendance to the Endeavor International Selection Panel (ISP), which takes place in September in Boston, USA. Those selected for ISP will stand a chance of being selected as an Endeavor Entrepreneur, which will grant them access to a global network of founders and mentors. "This accolade is testament to the hard work and dedication that has gone towards establishing wiGroup as a trusted and reputable brand. Innovation and excellence have always...

  • Seedstars names 3 winners at Durban pitching event

    On 8 June, international startup programme, Seedstars, named Guardian Angel, Vitls, and You, Baby & I as winners of the Durban pitching event. Eight pre-selected startups pitched in front of a panel of judges and audience. After the pitches were completed, the judges picked the winners. The three winners will go to Johannesburg where they will compete against winners from Cape Town and Soweto. There, the ultimate winner will go on to represent South Africa in the Seedstars World pitching event in 2017, and stand a chance of winning a US$500 000 equity prize. Jacobs Foundation will award US$50 000 to the best...

  • Top startup events in South Africa, Africa you should know about this week [06/06/2016]

    Looking to get into the South African startup scene or scratch up on some of your skills? Well, you’ve come to the right place. There are loads of competitions, networking sessions and workshops happening around South Africa and the rest of the continent (namely Kenya, Nigeria and Ghana) that we’ve rounded up to make your life a bit easier. This article is part of a weekly series that highlights all the top startup competitions, networking sessions, workshops and conferences around South Africa, and the greater region. If you have any event recommendations for us to add to the list, or...

  • Seedstars crowns 3 winners at Cape Town pitching event

    International startup programme, Seedstars, named Pargo, Wumdrop, and Crew Pencil as winners of its Cape Town pitching event. The event was held at Workshop 17 at the V&A Waterfront on 27 May. Ten pre-selected startups pitched in front of a panel of judges and audience. The three winners will now go on to compete in Johannesburg where they will go up against finalists from Soweto and Durban. The ultimate winner of the Johannesburg event will represent South Africa at Seedstars World in 2017 and compete for a US$500 000 equity prize. Jacobs Foundation will award US$50 000 to the best global education startup at the final event. All...

  • Here are the 10 Cape Town startups pitching at Seedstars World

    It's that time again when international startup competition Seedstars World starts its pitching rounds. The first event is taking place on 27 May in Cape Town with ten pre-selected startups. The startups will be pitching to a panel of judges where the top three startups will be decided. These companies or individuals will take part in the final SA round in Johannesburg where they will be pitching against startups from Durban and Soweto Standard Bank will be helping to support the competition. "In order to provide local entrepreneurs with this opportunity and aiming to deliver the best possible event, Seedstars World is...

  • Property Fox saves customer R93 000 on first property sale

    Real estate startup Property Fox has saved a client R93 000 on their first sale. This comes after the company launched just three weeks ago. According to a press release sent to Ventureburn, the property had been listed two weeks prior. Once going live, the listing appeared on the startup's website and fed into numerous other online listing websites. "We scheduled several listings for Mrs Kruger and within ONE DAY of posting it live we managed to find a buyer who fell in love with the property. After visiting the property twice, the buyer put in an offer that was accepted by Mrs...