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Startup news

  • Three SA startups a step closer to international accelerator

    Three local startups have been shortlisted for participation in an international acceleration programme. The three SA startups are competing to be one of ten startups to join international accelerator Startupbootcamp InsurTech next year. "Aerobotics, Emerge Analytics and NuvaLaw are up against 20 other startups for the opportunity to collaborate with 400+ mentors, partners, and investors over a three month period to build world class products, with the ultimate goal of becoming industry leading companies," read an excerpt of a statement emailed to Ventureburn. Startupbootcamp InsurTech received 633 global applications from early stage startups, calling for companies with solutions for the insurance industry. Startupbootcamp InsurTech...

  • Innotech Fellows step up to plate for CT pitching day

    The Innotech Fellows programme saw several entrepreneurs pitch their businesses at the Bandwidth Barn in Cape Town. The programme, which is a partnership between CiTi and the Telkom Future Makers Programme, forms part of the Innotech Fellows initiative. It aims to stimulate the growth of new businesses in software development, design, gaming, web and mobile application development. The programme selects top entrepreneurs to participate in a six-month developmental phase before the final pitching day at the Bandwidth Barn. "In terms of the comparison last year and this year, we've got a much stronger group so our recruitment, we did a lot more iteration in the first year of the Innotech...

  • Here are the 12 startups pitching at Seedstars World in Rwanda

    One of the world's biggest pitching events, Seedstars World has announced the top 12 startups to pitch in Rwanda. The winner of the Rwandan event on 6 December 2016, will be crowned the most innovative startup and go on to compete at the final in Switzerland in 2017. Here, the best startups from over 60 counties will have the opportunity to win up to US$1-million with the main prize being US$ 500 000 in equity investment. The Rwandan leg of the event is carried out with the support from Rwanda Online as well as local ambassador Aphrodice Mutangana. Further support is also offered by Microsoft4Afrika,...

  • Plan My Wedding secures investment at Shark Tank SA

    Wedding platform startup Plan My Wedding has secured a R400 000 investment from Sharks Gil Oved (co-founder and CEO of the Creative Counsel) and Dawn Nathan Jones (former CEO of Euro Car), each receiving a 25% equity stake. Plan My Wedding is an online wedding platform founded by Chelsea Evans and Jason Newmark, helping couples plan their entire wedding through the platform. The platform allows couples to diarise relevant dates, provides them with practical guidance, budgets, tools and checklists. Users will also have their own personal dashboard which offers a wide variety of service providers to choose from. The platform also features a 24-hour support...

  • ATTACQ Retail Innovation winners revealed

    Campus-based incubator LaunchLab, in partnership with ATTACQ, has announced the six winners of the Attacq Retail Innovation Entrepreneurs Challenge 2016. The winners were awarded a share of R100 000 in seed funding as well as incubation and support from the Nedbank Stellenbosch University LaunchLab. "We were impressed with the high quality of pitches at the final event. Our intention was to access new ideas and create the next breakthrough innovation in retail by addressing the e-commerce needs of our clients and customers," said the head of asset management at ATTACQ, Michael Clampett, in a press release to Ventureburn. "The submission had to enhance the...

  • 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...