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Startups

  • Hitting the high road – what it takes to join Grindstone accelerator [Q&A]

    What do you perceive as success? Is owning a lifestyle business sufficient for you? Are you prepared to make changes to your business? These are some key questions that tech entrepreneurs looking to sign up to the Grindstone Accelerator programme should ask themselves before they apply, says Knife Capital co-managing partner Andrea Bohmert (pictured above). The Cape Town based venture capital (VC) firm last week launched a call for its fourth edition of the year-long programme – which aims to assist high-growth South Africa tech startups to scale up. Applications on close on 31 August. The call was launched in partnership with management consultancy Thinkroom. Read more: Knife Capital launches fourth edition of Grindstone Accelerator programme Knife Capital launched...

  • SA entrepreneurs detail the software they use to run their tech start up

    Jira, Google Suite for Business, Ruby on Rails and fathomhq. These are just some of the software programs that SA tech entrepreneurs are using to set up their startup. Ventureburn spoke to founders from eight SA tech startups to find out what software programs each used to launch their startup -- why they opted for the programs they opted for and on whose recommendation they took these up and how much these cost their startup to run. Stuart Murless (Feastfox) Stuart Murless, the co-founder of Cape Town eating-out app Feastfox, says he relies heavily on Google Suite for Business for everything from email to storage to video calls to...

  • New market maps uncover over 50 startups, companies in SA healthtech

    With advances in technology thanks largely to the uptake in smart phones, South Africa's health-care sector is ripe for disruption, says Alex Fraser, head of Fraser Consulting and partnerships. Fraser -- who is also the ecosystem advisor for startup support organisation mLab -- made the comments yesterday in a statement to announce the unveiling of two market maps (see below images) she helped developed for the reHealthAfrica project to help investors, startups and corporates to better understand the opportunities in the local healthtech sector. 'The market maps are designed to give people a quick, broad overview of who else is the space and what they are doing' ReHealthAfrica...

  • Not all tech giants operating in SA offer support tailored to black startups

    "We really got a lot". This is how Thabo Moshoane describes the year of support his startup got from IBM, which included access to two cloud-based services to the value of $140 000. Moshoane -- who co-founded Slyk (pronounced "slick") IT Solutions in 2010 with Tshepo Motiki -- was one of four startups that were part in IBM's Aspiring Entrepreneurs initiative last year. Slyk has so far been able to sign agreements with tech suppliers Dell, Lenovo and HP for their app which tracks the warranty on digital products. Moshoane may have been lucky to tap support from IBM. The US tech giant aims to spend millions over the...

  • Five SA tech startups that are expanding into the rest of Africa [Updated]

    South African tech startups are slowly waking up to the massive untapped market that is the rest of the continent. If data from Ventureburn's 2017 tech startup survey is anything to go by, an increasing percentage of tech startups are looking to Africa to market their new solutions. In all 40% of the 260 SA tech startup founders Ventureburn surveyed in a 2017 tech startup survey listed Africa as their principal market, up from 13% in a 2015 Ventureburn survey which sampled 197 founders. Ventureburn spoke to five SA startups to find out how their expansion to the rest off the continent is going and what some...

  • Moving money online? These tips will help you figure out which laws apply to you

    Fintech startups operate in one of the most heavily regulated sectors -- and for good reason. After all, they do handle people's money and personal details. Thomas Reisenberger, compliance and regulation attorney at Legalese, last month held a free workshop at Rise Cape Town where he shared some tips and insider information on what startups who move money online should look out for, which laws they are likely to trigger and steps they can take to protect themselves. Mapping out what you do, how you do it and who you do it for will help you to figure out which laws apply to you "If you ask these...

  • Six black SA tech entrepreneurs to watch [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. Yoco, Recomed and Giraffe. For many SA entrepreneurs these startups and their respective founders -- Katlego Maphai, Sheraan Amod and Anish Shivdasani -- have become household names. They are just some of the many new tech startups emerging headed by black entrepreneurs (Ventureburn uses the definition in the Constitution to define black people -- which include: black African, Indian, coloured and Chinese South...

  • Tech sector can help drive future growth in Western Cape says Wesgro head

    The tech sector has the potential to be one of the most critical drivers of future economic growth in the Western Cape believes Wesgro CEO Tim Harris. The head of the Western Cape government's investment agency says with the services sector already making up more than 70% of the province's gross domestic product (GDP), a strong opportunity exists for the province to position itself as a leading hub for innovation on the continent. "Central to this process is the development of a strong tech ecosystem that has global recognition, and in turn attracts multinational entities, capital and talent to the province,"...

  • MaTontine co-founder predicts Senegal draw, shares inspiration, expansion plans

    Bernie Akporiaye, who in 2015 co-founded Senegalese digital financial services platform MaTontine along with his sister Dr Tosan Oruwariye, believes that Senegal will draw today's game with Colombia and make it to the next round of 16. "I believe we can make it to (the) quarter finals. Senegal has a tough group but I believe we will qualify with Colombia," says Akporiaye (pictured above). MaTontine provides the financially excluded in Francophone Africa with access to small loans and other financial services like micro-insurance. Akporiaye says the startup is addressing a problem being faced by a number of customers -- lack of access to small...

  • As Tunisia winds up its World Cup campaign, meet big data startup Datavora

    Tunisia winds up their 2018 World Cup Campaign when they take on Panama tonight at 8pm Central African Time. The match will be inconsequential for the team as they have already crashed out of the tournament, having lost their first two matches. As a result, expect to see some players who have not yet played at the tournament to feature in Tunisia's line up. For the last entry in our series, we've decided to feature a brilliant Tunisian startup that we feel hasn't received much "playtime" from African tech sites -- big data startup Datavora. Last year, Datavora raised $500 000 to expand into Europe and America....