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  • Top startup events in South Africa, Africa you should know about this week [3/2/2019]

    This Tuesday (5 February) in Cape Town, Startupbootcamp AfriTech will host an event in that will explore what role blockchain plays in financial inclusion.Joburgers, particularly those into edtech, should look out for the EdtechXAfrica Startup Pitch Competition taking place on Thursday (7 February). The Cape Town version of the event will take place on Tuesday (5 February).For those in Kenya, the African Legal Tech Network will host its first ever meetup in the country tomorrow (4 February) in Nairobi. This article is part of a weekly series that highlights all the top startup events, competitions, networking sessions, workshops and conferences...

  • Company Office

    Superbalist hits 1 million members

    Cape Town, 25 September 2014: Superbalist.com, South Africa’s only high-trend curated online shopping destination, has come of age reaching 1 million members. To mark this occasion, members will receive free delivery on all orders, indefinitely. Recently acquired by Takealot.com, this online shopping destination offers curated high-trend items across various departments at affordable prices, through styled and edited features with a vast selection of local and international brands. Claude Hanan, co-founder of Superbalist.com, says South Africans are seeking global but staying local. “Our membership base has grown dramatically as we offer customers access to brands that are household names internationally, through a...

  • New Vinny Lingham linked R500m VC fund currently mulling 15 investments [Updated]

    Silicon Valley based SA entrepreneur Vinny Lingham is partnering with an investment house in South Africa in a new R500-million venture capital (VC) fund, which has already identified 15 investments, the fund's CEO Deven Govender revealed today. Govender heads the Lion Pride Agility VCC Fund, a new partnership between investment house Lion Pride and Lingham's angel investment company Newton Partners. Lingham (pictured above) is also the founder of startup Civic and a former judge on TV show Dragon's Den and Shark Tank SA. The new fund is in the form of a registered VC company under the SA Revenue Services's (Sars)...

  • Here are 14 African tech conferences startups should attend this year

    As anyone in the tech sector knows, conferences and expos can often provide the ideal opportunity for those in the scene to network and meet potential investors or clients. It's why Ventureburn has put together this list of expos and conferences coming up on the continent this year. Get your calendars out and diarise these key dates for the most important tech conferences, summits and expos taking place in Africa in 2019. Here they are: Africa Tech Summit Kigali The Africa Tech Summit Kigali will once again provide insights, networking and business opportunities for African and international tech leaders and investors who...

  • Exchange control less of an obstacle for startups than before – Simodisa report

    SA tech startups and those in the country's startup scene say the once dreaded exchange control is less of an obstacle than in previous years, startup advocacy body Simodisa revealed in a policy report released today. Yet while 27% of the 247 startups and those support startups who were surveyed in Simodisa's latest industry report released today (31 January) say things have improved -- a more significant 42% say things have remained unchanged. A further five percent said things had deteriorated, while 22% said they did not know whether there had been any change. A further four percent are listed as...

  • New web tool to assist SA startups with hiring and firing staff goes live

    A free-to-use web tool, which helps South African startups and small businesses with labour relations processes and matters, has gone live. The tool is a joint initiative of the Commission for Conciliation Mediation and Arbitration (CCMA) and Business Unity South Africa (Busa). It allows entrepreneurs to source information on how to recruit staff, how to manage employees and build sound workplace relationships as well as how to end an employment relationship in a fair manner. The tool also has up-to-date information on the recent amendments to employment laws and the National Minimum Wage Act, contract templates, information sheets and guides on...

  • Here are 8 accelerators, incubators African startups can apply for in 2019

    Whether your tech startup is looking to secure funding or new clients, or whether you need technical assistance developing a minimum viable product or are just looking for expert mentorship and advice -- you can never go wrong by joining an incubator or accelerator programme. African startups are increasingly getting accepted into accelerators and incubators around the world, opening them up to new markets which they would normally not have been unable to access.Moreover there are now a number of programmes that are not only based on the continent, but specifically deal with African tech startups, which makes getting accepted...

  • African funding figures – what’s the real number? [Opinion]

    In the last few days those in Africa's tech startup scene have been kept busy with the release of at least three reports that detail the funding that tech startups on the continent received in 2018. Yet as the number of reports and articles pile up, startups and others may be forgiven for being left a little confused. While the authors of the various reports have all put a figure to it, in each case the number differs from one report to the next. In its African Tech Startups Funding Report 2018 released on Monday (28 January), tech site Disrupt Africa...

  • US edtech accelerator LearnLaunch opens applications for Breakthrough programme

    Does your edtech startup have a proven product-market fit, repeatable annual revenue of up to $250 000 and plans to enter the US market? Then you'll want to consider applying to join the next cohort of LearnLaunch Accelerator's Breakthrough programme. The Breakthrough Accelerator programme aims to assist edtech entrepreneurs to make the "next leap" in their businesses. Applications, which opened last Wednesday (23 January), are set to close on 22 February. To be considered for the programme, applicants must be at the revenue stage, with at least six months of runway as well as an experienced core operations team. Applications for LearnLaunch...

  • I spent thousands of hours, last dollar to save former company says Eran Eyal

    Former Springleap founder Eran Eyal, who faces fraud charges in the US, says he spent "thousands of hours" and "went down to his last dollars" to save a former company of his -- which is understood by Ventureburn to be Passo -- and cover employees’ salaries. Eyal, who is currently the co-CEO of retail blockchain startup Shopin and is due in court today (30 January), revealed how he struggled to keep Passo going in a blog post last week for US organisation Scored NYC, a group of business mentors. The SA entrepreneur was charged on 24 August last year by the New York...

  • TIA calls for proposals for Grassroots Innovation Programme

    The Technology Innovation Agency (TIA) is calling on South African innovators with tech solutions to local challenges to submit their proposals for tech development assistance and funding under the agency's Grassroots Innovation Programme (GIP). TIA's Sibongile Radebe, who works on the GIP team, told Ventureburn yesterday (29 January) that the agency is currently scaling up the programme following a pilot of the programme run by the Council for Scientific and Industrial Research (CSIR) between 2016 and 2018. Interested applicants must submit applications online -- or complete application forms which must be delivered to TIA House in Pretoria -- by next Friday...

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