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Startup news

  • Lumkani looks to crowdfunding to equip 3k households with fire detectors

    Lumkani, the South African startup behind the innovative fire detecting device, is looking to raise US$45 000 through a crowdfunding campaign set to go live on 11 May. The crowdfunding campaign is a requirement for winning Chivas Regal's The Venture competition, which seeks to recognise and award social entrepreneurship. It's part of the build up to the final event where 16 teams from around the world will meet in Silicon Valley to compete for US$1-million in funding for their ventures. Lumkani notes that there will be a number of interesting rewards up for grabs. These include donating a fire detection device...

  • SW7 teams up with Standard Bank, Microsoft Bizspark team up to launch ‘blue chip’ accelerator

    South African startup incubator SW7 has teamed up with Standard Bank and Microsoft Bizspark to launch a new accelerator to the recently-opened Standard Bank Incubator in Rosebank, Johannesburg. The partnership comes less than a year after SW7 first opened its doors and just months after Standard Bank launched its Playroom innovation hub. “We are very excited to launch this initiative with Standard Bank. Getting the support of the leading bank in Africa will help us a lot with the challenges around gaining access to market and raising funding, both within the community and for the high growth businesses” says...

  • Ghana’s social events startup Suba wins #MWA2015 app competition

    Social events startup Suba emerged as winner of the Mobile West Africa 2015 App Developer Competition recently. Out of five finalists Suba was voted the top app by delegates to the Mobile West Africa 2015 conference held in Lagos, Nigeria. The winning startup got an iPad Air courtesy of appsafrica.com, high-end smartphone from Innjoo and gift card from SureGifts. Read more: SureGifts is Nigeria’s premier gift card startup targeting the corporate world In all, five startups emerged as finalists -- four from Nigeria and one (Suba) from Ghana. Suba pitched first at the final. Founded by Nelson Klutse and Eric Hackman, Suba was...

  • Mobile startup Giraffe reports massive traction in first two months

    After having launched in Gauteng, South Africa earlier this year, mobile employment startup Giraffe has seen massive traction so far, with nearly 10 000 jobseekers in just two months. It's furthermore presented job opportunities to over a thousand jobseekers. Currently in beta, the company's mobile recruitment platform aims to address some of South Africa's most pressing issues by enabling jobseekers to get better access to job opportunities. It also then gives employers access to quality staff at low cost. Giraffe’s mobile app is said to be compatible with any mobile phone helps jobseekers to create a CV on-the-go. In a recent blogpost, Giraffe...

  • WWF SA crowns MellowCabs, WIMT, Leaper Innovate 2015’s Climate Solvers

    Three clever climate friendly startups from South Africa have just been announced the winners of the 2015 South African Climate Solver Awards by WWF SA (World Wide Fund for Nature South Africa). Eco-friendly public transport vehicle startup MellowCabs, public transport app Findmyway by Where Is My Transport (WIMT), and Leaper Innovate's hydraulic energy storage system called Eco MC2 are recognised for their efforts to reduce carbon emissions or boost access to energy. WWF International senior adviser on climate innovation Stefan Henningsson explains that while South Africa shows a history of strong innovation and entrepreneurship, it shows little support for clean-tech innovators...

  • WumDrop debuts iPhone app, teases with up-coming features

    On-demand couriering has just become more sexy. South African on-demand startup WumDrop has just launched its iOS app, while also hinting at some interesting enterprise applications to roll out in the near future. The iOS app has been in development since February 2015. "At that point we felt like the business concept had proven itself, and that it was time for us to expand the range of platforms through which WumDrop was available," co-founder Simon Hartley tells Ventureburn in an email. The startup launched in May 2014 and revealed to us that it's experienced exponential revenue growth month-on-month ever since, topping R61...

  • BitX revamps platform with fresh bitcoin exchange

    South African-based bitcoin exchange BitX has launched a revamped version of its popular site. By providing a faster and more efficient platform for experienced traders, and a cleaner, friendlier experience for new users, the startup is hoping to further drive bitcoin adoption. BitX currently operates in some key emerging markets including South Africa, Kenya, Indonesia, Singapore and more. It’s also been spearheading the move to bring bitcoin to over 30 000 online stores in South Africa through the popular local online payment service, PayFast. Read more: PayFast’s 30k merchants can now accept bitcoin as online payment In August last year, the startup...

  • SnapScan rolls out ‘frictionless’ payment feature called SnapBeacons

    South African payments startup SnapScan is today announcing its first major update since its QR code payments feature was popularised in 2013. The new payment channel, called SnapBeacons, is meant to provide users a frictionless alternative solution to pay for stuff. Instead of just being able to pay by scanning a QR code, SnapScan customers can now simply tap a button in the app to initiate the transaction via Bluetooth. A message on the customer’s phone will alert them when the option is available. "The key difference is essentially the ability to provide even more convenience and speed to improve the...

  • What can we expect from this year’s Sparkup Live weekend accelerator?

    Last year's Sparkup Live was a blast. Seven saucy startups partook in Net Prophet's live pitching event where we saw some promising ones like 8bit and Ekaya sway prominent investors' wallets, collectively raising R800 000 and a lot of exposure, which is priceless, really. The weekend accelerator -- which will run from 8 May to 10 May -- will host a total of 15 startups which will undergo mentorship to help make them investor ready for the final pitching event 11 May. Organiser of the event Tracy Gander says that the live investment event is a much-needed added bonus to...

  • WhereIsMyTransport releases innovative public transport app in Tshwane

    Backed by a fresh new website and Knife Capital's Grindstone accelerator programme, South African startup WhereIsMyTransport (WIMT) is today releasing its urban transportation and journey planner app called Findmyway to commuters in Tshwane, South Africa. Based on live data from participating transport operators in the city, the app gives users various routes and modes they can take, arranged by cost or travel time. Read more: These are Grindstone’s 13 tech startups for 2015 Findmyway also includes an interface where commuters can communicate directly with government about delays, accidents, or service delivery, and cities can make announcements to update users about road conditions...

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