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Startup news

  • SA equity crowdfunding site Uprise.Africa reveals first three planned investments

    A cab company, freelance listing app and African languages publishing project -- these are three of the initial investments that Uprise.Africa, which hopes to become South Africa's first equity crowdfunding platform, plans to make available to investors from 25 October. Uprise.Africa spokesperson Inge Prins confirmed to Ventureburn today that the platform intends to initially list six startups or projects. So far three investments already appear on the platform. These are: Storied, a Jacana Publishing project to help publish more African fiction and poetry in which the company is seeking R3-million in exchange for a total equity of 49% in the project. Jobvine Freelance,...

  • SpliceWorks platform goes live, aims to match tech startups with corporates

    Entrepreneurs looking to sell their tech solutions to corporates can register to join a recently launched online platform. Launched last week by BCX, a Telkom owned company, SpliceWorks aims to become a match-making service between tech entrepreneurs and big business and claims it can “turn your big idea into a big business”. While it is open to any tech entrepreneur to join, BCX has selected 70 tech entrepreneurs to trial the platform which has been in testing since April. “SpliceWorks was specifically created to source the latest and greatest digital technology to not only transform the Telkom Group and BCX but also our enterprise customers into digitally fit businesses,” SpliceWorks...

  • Applications open for second cohort of Techstars Anywhere Accelerator

    Global entrepreneur network Techstars has opened applications for a series of accelerators situated worldwide, including its virtual Techstars Anywhere Accelerator programme. Interested applicants have until 15 October to apply to join the Techstars Anywhere Accelerator which will begin next year in January with a demo-day scheduled for 19 April 2018. Only 10 startups will be selected to join the second cohort. The 13-week long Techstars Anywhere Accelerator programme is mostly conducted online The Techstars Anywhere Accelerator is built on the same #domorefaster model as Techstars' other regular accelerator programmes. The accelerator is aimed at entrepreneurs who cannot travel or relocate to attend an accelerator programme. The...

  • Seedstars World launches call for applications from Angolan startups

    Seedstars World has launched a call for Angolan startups to apply to take part in the global seed-stage startup competition. Applications are open until next Thursday (October 5). The event is carried out by main sponsor TGI (Thomson Group International), local ambassador organization KiandaHUB, as well as various local and regional partners such as Enel Green Power, Merck, Orange and Microsoft 4Afrika, 7mobile, SOBA, and Thomson Art House, Seedstars World said in a press release yesterday. "As an Investment firm focused in Angola for over a decade, we are very happy to see and be part of organisations like Seedstars coming into the...

  • Illuminum Greenhouses wins Airbus BizLab E. Africa pitch event

    Kenyan agritech startup Illuminum Greenhouses was yesterday selected as the winner of global aerospace accelerator Airbus Bizlab's AEROmobility inaugural pitching event for East Africa. The startup pitched against 11 other startups from Kenya, Uganda, Ethiopia and Sierra Leone to grab the 10-day all expenses paid trip to France and Germany, where it will meet with experts from Airbus as well as investors. Illuminum Greenhouses pitched an integrated solar-powered smart farming solution called Farmshield. The system leverages the power of the Internet of Things (IoT), using sensors that are controlled by a user via SMS. Judges at the event included representatives from the aerospace...

  • Potential in African tech ecosystem, we will be back – Airbus BizLab head

    Airbus Bizlab head Bruno Gutierres told Ventureburn that his trip to Africa is an "observation survey" to confirm what potential there was in Africa. On Thursday (21 September) Gutierres (pictured) along with a team from Airbus Bizlab and Silicon Cape head Ellen Fischat visited RLabs, LaunchLab, CITI Workshop 17 and the MTN Solution Space as part of a tech tour of the local ecosystem. "What I have seen here today and by visiting several incubators like Launchlab in Stellenbosch, the ones in the township, there's some very different innovation which is of interest to us," said Gutierres. "This confirms that the potential is there....

  • French South African Tech Labs opens calls for applications to second cohort

    Cape Town-based incubator and accelerator French South African Tech Labs (FSAT Labs) has opened calls for applications to its second class of entrepreneurs, with applications set to close on 20 October. To apply, interested tech entrepreneurs have to fill in an application form, build a pitch deck, and e-mail the submission documents to FSAT Labs. Selected startups will be invited to a pitch competition at Africarena Conference 2017, where the top three pitches will win entry into FSAT Labs' six-month programme set to kick off in early November. The programme aims to help the selected entrepreneurs turn their ideas into minimum viable products and ultimately sustainable...

  • Here are the 11 startups pitching at Seedstars Douala 2017

    The Seedstars World team this week heads off to Douala for the Cameroon leg of its world tour, where 11 of Cameroon's most promising seed-stage startups will pitch for an opportunity to represent the country at the regional and global Seedstars Summits. The 11 startups, which were announced yesterday (Monday 25 September) after a pre-selection round, will pitch in front of an investment panel on Friday (29 September) at ActivSpaces in Douala. Seedstars Douala 2017 will take place on Friday 29 September The winning startup will take part in the regional and global Seedstars Summits and will get to participate in a...

  • Fintech startup MaTontine wins Seedstars Dakar, a shot at $1-million in funding

    Senegalese fintech startup MaTontine was last week crowned winner of Seedstars Dakar, giving it the opportunity to represent the country at the Seedstars Summit in Switzerland next year April. MaTontine provides financial services through the digitisation of traditional savings circles. The startup won the opportunity to attend the Seedstars Summit where it will participate in a week-long training programme, gain access to investors and mentors from around the world, as well as pitch for up to $1-million in equity investment and other prizes. MaTontine pitched against eight other startups at an event held on Friday (22 September) in Dakar. Agriculture finance platform Bayseddo...

  • Startup Cargonaught off to France after winning Airbus BizLab AEROmobility pitch

    Cape Town-based airship startup Cargonaught has won the Airbus BizLab AEROmobility pitching competition. The startup beat six other startups to clinch an all expenses paid trip to France and Germany, where the company will meet experts from Airbus and get technical support for three-months thereafter. The other finalists to pitch at the event held at the Bandwitdth Barn in Cape Town include: space optics startup Simera Technology Group, drone startup Tai Corporation, Think Big Solutions, Hi-Fly Marketing, space tech startup New Space Systems and data analytics startup Aerobotics. Global aerospace accelerator Airbus BizLab held the challenge in collaboration with Silicon Cape. Judges at the event...