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Startups

  • FbStart: Facebook’s startup drive gathers local steam

    Facebook has made a concerted effort to court mobile-based startups with its FbStart initiative. The programme offers qualifying app developers year-round support, access to a global community of startups and a suite of tools to the value of up to US$80 000. These tools include MailChimp, Dropbox, and Stripe. FbStart is divided into two categories, namely Bootstrap and Accelerate. The former category is for apps that have just launched, while the latter is for "thriving" apps that need to grow even more. The initiative made its way to the African continent a while back, so what has the progress been like? How are...

  • This startup will soon allow you to make mobile payments using sound

    With the launch of their pilot program earlier this month, fledgeling Singapore startup, Aimazing is a step closer to commercialising their new sound technology solution for mobile payments. Aimazing’s goal is to offer the mobile payments market a more accessible option than the near field communication (NFC) technology currently in use. The startup’s solution has carried it to a top 30 finish in Slush Singapore 2016, which was held in September. It also earned them a place in season four of Channel NewsAsia’s Start-UP program. Aimazing vs. NFC chips “Phones are made to produce sound,” said COO and co-founder Yar Hong Chiong....

  • Spritzed: the startup helping other startups find working space

    Whether you're in the process of putting your startup together or have been in business for several months, you'll need your own working spce. Sure, you can work from home (which contains more distractions than it should) or sign several year-long leases, but what if your startup doesn't survive more than a few months? Enter Spritzed, the startup that's aiming to help other startups find flexible workspace. Spritzed is an online marketplace and facilitator of unused office space. The startup allows coworking space owners, serviced office managers, and even tenants who have under-utilised office space to list and monetise their space. In...

  • Our 12 favourite startups from the 2016 Innovation Summit

    Hosted in Johannesburg, the four-day Innovation Summit played host to a range of activities and events. Among these was the Ventureburn Pitching Den, which saw 40 startups pitch for a chance to compete at the Startup World Cup in 2017. Over the two-day period, the Pitching Den was filled with all manner of entrepreneurs from all walks of life. While many of them pitched eco-friendly products, others looked to more traditional and IP-based companies. Here are our favourite startups from the two-day Ventureburn Pitching Den event: Baoberry - creators of the "wetland in a box," this product is an all natural...

  • Uncovered: Ventureburn lists South Africa’s fintech ecosystem [update]

    Financial technology, or Fintech as the buzzword goes, is a hot topic in the international startup industry. Companies launching in this space are usually looking to disrupt banking institutions, the way money is handled, or empowering those without access to cashless payment systems. In SA, these startups cover a broad range of industries, from Blockchain to Lending, and even Remittance. It's an industry that has gained phenomenal traction with the likes of PayFast, FinCheck, and BitX making waves in SA. Ventureburn has created an infographic on all of the companies that we know about and categorised (in a broad sense). Of course,...

  • Top 31 entrepreneurs under 40 making waves in South Africa [Digital All Stars]

    Digital All Stars is a series of articles which aims to celebrate the best of South African digital. The articles, which will appear on Memeburn and Ventureburn, recognise and celebrate South Africa’s best digital entrepreneurs, business people, advertisers, and media professionals among others. The All Stars listed in the articles are compiled using a combination of our editorial team’s own knowledge, that of experts in the fields covered by each article, as well as public vote. There's a variety of talent in the South African startup space. Each and every year we're seeing more and more interesting startups coming out of the...

  • Innovation Summit: watch and learn at Ventureburn Pitching Den [Native Article]

    Pitching your business/startup to potential investors is a daunting task for almost any entrepreneur, but what better way to get pointers than by watching a high-stakes pitching process? We've teamed up with the SA Innovation Summit for the Ventureburn Pitching Den Competition, offering some attractive prizes to winning startups. The competition, taking place at the summit's Market on the Edge exhibition area, will see startups pitching their businesses to a panel of judges. The panel will judge the businesses using several criteria, including innovation, financial performance and strategic direction. What do the startups gain? So what kind of prizes are up for grabs then? Well, the overall winner gets...

  • Ten app: the bold attempt to digitise tithe, offerings in Nigeria

    In Nigeria, the first week in August is usually a very busy one particularly along the Lagos–Ibadan Expressway, otherwise known as "Jesus Highway." This is due to a large number of people -- usually millions -- attending the annual convention of some of the country's biggest churches with camps in the area. When prayers are said and sermons are preached, worshippers pay their tithe and offerings – two contributions that have allowed churches to continue to grow, expand and remain relevant at all levels.As sacred as tithe and offering are in Christianity, a new app As sacred as tithe and...

  • Uganda’s Outbox incubator shows phenomenal results in four years

    "The launchpad for new ideas" is how Ugandan incubator Outbox is labelled as it has shown significant growth over the past few years. Established in 2012, Outbox is one of the leading incubators in Uganda. It not only offers incubation and workshops on a variety of subjects, but also a co-working space. Outbox has tried out an programme for women, which proved successful. "Our mission is to provide the entrepreneurship, innovation and technology infrastructure that supports African entrepreneurs," says founder, Richard Zulu, in a press release to Ventureburn. In just four years, Outbox has housed 13 startups, raised over US$1-million in funding, and...

  • Pitch Day 237 selects 4 startups for second leg of Activation Bootcamp

    The second leg of  Pitch Day 237, organised by the African Centre for Technology, Innovation and Ventures Spaces (ActivSpaces) alongside Cameroon Angels Network (CAN), has come to an end. ActivSpaces is a tech hub which aims to progress the state of technology in Cameroon through an intense six-month incubator programme called the Activation Bootcamp. CAN is the first angel investor network within the country which seeks to invest in all sectors and industries who have an interest in technology. The event saw 12 startups pitch to startup investors for seed capital, eventually being whittled down to four: Kemi Store  - An online store that lets...