• BURN MEDIA
    • Memeburn
      Tech-savvy insight and analysis
    • Gearburn
      Incisive reviews for the gadget obsessed
    • Motorburn
      Because cars are gadgets
    • Jobsburn
      Digital industry jobs for the anti 9 to 5!
  • Entrepreneurs tell how they grew thriving business in ‘How we made it in Africa’

    Running your own company is an intense roller coaster ride, where the highs are high, and the lows debilitatingly low. Sometimes, it helps to see just how other entrepreneurs have tackled being a business owner. A new book, How we made it in Africa, tells the stories of 25 top African entrepreneurs who’ve built thriving businesses on the continent. The book -- compiled by Jaco Maritz, the founder of web business publication How we made it in Africa -- was released earlier this month in Cape Town. It details the experiences of some of Africa’s most dynamic entrepreneurs, providing insight into the continent’s business opportunities. The book...

  • Company Office

    Beyond Innovation – it’s Innovation velocity that really matters…

    '5 Ways to Drive Innovation'…'The World's Most Innovative Leaders'….'The Latest Innovations in Fintech'…sound familiar? In mainstream media, and in the corporate lexicon, the word innovation has become ubiquitous – particularly when discussing entrepreneurship, technology, leadership, and how all three combine. As a result, it has all but lost its meaning. Among startups, for example, product differentiators are often peddled as 'innovations' – when in fact they are simply, product differentiators. Journalists often trumpet the release of a high profile company's latest 'innovation', when in fact it is simply the release of a new product (and should be reported as such!). Why is...

  • SBC AfriTech honoured at Global Startup Awards [Sponsored]

    Startupbootcamp AfriTech (SBC AfriTech) has been named the Best Accelerator in the Africa region by the first annual Southern Africa Startup Awards, in partnership with the Global Startup Awards. SBC AfriTech was awarded the accolade last Thursday (22 November), following a rigorous process of nominations, public voting and adjudication. The award was received by SBC AfriTech programme manager Nsovo Nkatingi, the only woman to lead an accelerator of this scope on the continent. Startupbootcamp (SBC) AfriTech won the Best Accelerator or Incubation Programme award at the inaugural Southern Africa Startup Awards "Startupbootcamp AfriTech is truly honoured to have received this award and we are even more privileged...

  • Five Injini startups secure trials, partnership deals – incubator head

    At least five of the startups in Injini's second cohort have secured trials and partnerships with schools, corporates and government agencies since joining the edtech incubator's programme, Injini CEO and founder Jamie Martin has revealed. Martin was responding to Ventureburn questions earlier today (29 November) following the demo day the incubator held yesterday (28 November) at Amazon Web Services' offices in Cape Town to conclude its second cohort. The demo day saw the seven startups in Injini's second cohort -- namely Bluebic, eLimu, Langbot, Learning Factory, Lightbulb, Nahana Africa, ScholarX and SlateCube -- pitch to investors, companies and NGOs. The invite-only event was also...

  • How SA startup Outsourced CFO almost closed its doors 18 months in

    Louw Barnardt may today run a successful firm offering startups and companies outsourced accounting and financial management, but there was a time -- just 18 months into starting the firm with two former university friends -- that he almost had to close the business's doors. Barnardt (pictured above), a former chartered accountant (CA) turned entrepreneur, is the winner of the R70 000 Emerging Business Entrepreneur of the Year award in the 2018 Sanlam / Business Partners Entrepreneur of the Year awards held in September. Today he runs Cape Town based Outsourced CFO which provides about 80 local and international companies (80% of them tech or innovative firms) with...

  • Google Impact Challenge Kenya, Nigeria, SA winners announced

    Thirty-six African non-profits and social enterprises have each been awarded a share of $6-million in grants from Google. This, after the tech giant announced the Kenya, Nigeria and SA winners of the Google Impact Challenge last night (28 November). The announcement was made at events held in Nairobi, Lagos and Johannesburg. Through the challenge, Google aims to find the most innovative African non-profits and social enterprises using technology to solve societal problems. The challenge's top four winners across the three countries have won $250 000 each, while the eight runners up in each country take away $125 ooo. In a statement yesterday (28 November), Google said...

  • Your pitch deck is your business story, but don’t let it baffle investors [Opinion]

    As an entrepreneur with a new startup, besides your sparkling personality and brilliant knowledge, one of the most important weapons you have in your armoury is your pitch deck. Your pitch deck is your business story, it’s differentiation, and communicates in a digestible, simple form what your business is. The technology and social media era is a complex, busy and distracted place and funders see thousands of pitch decks every month. That pitch deck finds a way to cut through the clutter, the noise, and adapt to tight time schedules to communicate who you are and what you do. A pitch deck...

  • Why Shuttleworth investment failed – eight years on Red Five Labs man speaks

    It was touted at its time as ground breaking technology, one that would enable mobile apps to run on all smartphones regardless of a handset's operating system. So much so that SA entrepreneur Mark Shuttleworth (who in 1999 sold internet security company Thawte for $575-million to Verisign) and the Department of Science and Technology's Innovation Fund jointly invested R4.5-million in the startup, according to a report at the time. A year after the investment in 2007, the startup -- Red Five Labs -- became one of the first investments that Shuttleworth's HBD Venture Capital exited from, when it was acquired by SA company Fed Group for an undisclosed amount. In 2007 Red Five Labs became one of...

  • Meet the 25 startups that each got R50k grants from 22 On Sloane, Fortress REIT

    Joburg based property development investment company Fortress REIT has partnered with startup campus 22 ON SLOANE to award 25 companies each with R50 000 seed grants. The grant recipients include a startup that uses artificial intelligence (AI) in the car industry, an enterprise in the aviation sector as well as fintech, edtech and healthtech startups. Of the grant recipients, 15 operate outside the tech startup sector (being a publication that is focused on tech startups, we've listed only the tech-related firms that were awarded grants -- the names of the 15 non-tech firms are at the footer of the story). The 25 grant recipients are...

  • Jozi team wins Acsa, Tshimologong access management system challenge

    A Johannesburg-based team of developers comprising of Aaron Rseke, Gift Mogeni and Mosima Matlhwana has been selected as the winners of Airports Company of South Africa (Acsa) and Tshimologong Digital Innovation Precinct's access management system challenge. The team, which goes by the name Authentic8, was selected for its single sign-on solution which it built on a collaborative development platform. In a statement today (27 November), Tshimologong said the team of three developers received R150 000 and a seven-month long incubation period at the digital innovation precinct where they will continue developing their winning solution. The winning team will receive a R150 000 and seven-month long incubation...

  • It’s official: Cape Town healthtech startup is SA SME Fund’s first investment

    Ventureburn can today confirm that a venture capital deal concluded by Cape Town based KNF Ventures earlier this month in SA healthtech firm 5nines Technologies has made history -- as the first investment that the R1.4-billion SA SME Fund has effectively become involved in. The much awaited SA SME Fund, which is capitalised by 48 JSE-listed companies, was announced by President Cyril Ramaphosa over two years ago when he was then deputy president. Knife Capital partner Keet van Zyl, whose VC oversees the R100-million KNF Ventures fund, confirmed on Monday that the SA SME Fund had concluded an investment of R20-million in KNF on 23 October and that the 5nines...