• 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!

All posts tagged "Startups"

  • Geeks on a Plane looking for 10 startups to pitch in Cape Town

    Following last week's announcement that startup programme Geeks on a Plane is coming to Africa in March, 10 startups will also be able to pitch their startup at the Cape Town event. Each startup will only have five minutes to pitch their business. Those selected will receive mentorship and feedback from the 500 Startups team, which consists of startups, investors, and executives, as well as angel investors and other players part of the tour. The programme is looking for startups that are generating initial revenue, along with building scalable tech-enabled companies for local and international markets. Those in the seed and idea stages will...

  • 17 South African startups to watch out for in 2017 [Digital All Stars] [update]

    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. In this piece we take a look at all of the interesting (and one or two controversial) changes that SA startups have gone through in 2016. With that in mind, we compiled a list of companies to watch for in the year ahead. BitX / Luno Easily one of the most popular Bitcoin wallets worldwide, BitX launched out of...

  • Startup Grind: 12 things we learnt from Yoco’s Katlego Maphai

    The second Startup Grind Cape Town event of the year took place on Monday night at Workshop 17, featuring Katlego Maphai, co-founder of Yoco. The event saw Maphai cover a wide variety of topics, including the formation of Yoco, challenges associated with the company and more. So what did we learn? Working on Jumia gave him the required confidence Maphai said that while working at RocketInternet, he was sent (along with current Yoco CFO Bradley Wattrus) to Nigeria to work on online retailer Jumia. "That was a gruelling experience... really tough... And I think after that, him and I just...

  • SA sports scale-up achieves self-exit from VC

    A scale-up developer of ball tracking in sports, FlightScope, has bought itself out from its VC partner. In 2006, HBD Venture Capital, which is owned by Mark Shuttleworth and managed by VC firm Knife Capital, became a funding partner for the company. "We saw tremendous potential in applying world-class technology to bridge the gap between the passion and science of sports," said CEO of Knife Capital Eben van Heerden in a press release to Ventureburn. When Ventureburn asked a Knife Capital representative about the deal, they said the amount of the exit could not be disclosed, though they did receive a desired ROI. A clause...

  • Chivas Regal announces 10 finalists for The Venture pitching show

    Whisky brand Chivas Regal has announced the 10 SA contestants taking part in its social entrepreneur pitching competition, The Venture. It will air on Mzansi Magic on 26 January at 6:30pm. The aim of the competition is to invest US$1-million in startups that create positive change. "Over the last two years, we have shown our belief in and commitment to this philosophy by awarding USD2 million to start-ups globally that 'do well by doing good', because we believe purpose and profit can coexist," says Marketing Manager of Scotch Whiskies at Chivas Regal, Shelley Reeves, in a press release to Ventureburn. The winner will receive R350 000...

  • Report: African tech startups receive funding boost in 2016

    The number of African tech startups receiving funding in 2016 has risen by almost 17% compared to the previous year, a new report found. The second annual Disrupt Africa Tech Startups Funding Report found that 146 African startups raised US$129.1-million in 2016. The report clarified that, while the number of startups receiving funding has increased, the actual amount of funding saw a decline. As for the most popular nations, South Africa, Kenya and Nigeria accounted for just over 80% of funding secured. Fourth-placed Egypt was a fast mover though, seeing 100% fundraising growth. The continent has seen a slew of fintech-related startups...

  • Ventureburn wants to know about your tech startup

    Ventureburn is dedicated to featuring and writing news about startups in emerging markets. In fact, it's our passion to inform our readers about new startups, entrepreneurs doing great things, entrepreneurs not doing such great things, and events. Even with all of our networks and contacts, sometimes there are startups that fall through the cracks. In this case, we'd love to know about them. If you think your startup (or someone else's) has some interesting news then please let us know. The company needs to be tech-based, or using technology in an interesting way, and be situated in an emerging market (such as...

  • Start Here: a book for entrepreneurs by Roger Norton [Part 1]

    It's not often that entrepreneurs write books about their experiences; a strange thing considering the wealth of knowledge they accumulate over the years. South African entrepreneur Roger Norton has decided to do just that with his book Start Here: A Quick Guide to Building Startups. Over the years, Norton has founded two startups, worked with 10 others, and has been involved with the Silicon Cape Initiative. He currently heads up startup studio Playlogix. In Start Here, Norton writes about all of the steps that entrepreneurs need to follow in order to take their idea to a business. An interview with Roger Norton Ventureburn had a chance...

  • Three SA startups a step closer to international accelerator

    Three local startups have been shortlisted for participation in an international acceleration programme. The three SA startups are competing to be one of ten startups to join international accelerator Startupbootcamp InsurTech next year. "Aerobotics, Emerge Analytics and NuvaLaw are up against 20 other startups for the opportunity to collaborate with 400+ mentors, partners, and investors over a three month period to build world class products, with the ultimate goal of becoming industry leading companies," read an excerpt of a statement emailed to Ventureburn. Startupbootcamp InsurTech received 633 global applications from early stage startups, calling for companies with solutions for the insurance industry. Startupbootcamp InsurTech...

  • French Tech launches first of its kind incubator in Cape Town

    International startup ecosystem hub French Tech, has launched its first incubator in SA. Located in Century City, Cape Town, the incubator is also the first of its kind in the French Tech system. "This building really is the first physical incubator in the worldwide French Tech network," says lead ambassador of French Tech CPT Hub, Christophe Viarnaud. When asked about why the incubator launched in SA as opposed to other African countries, Viarnaud told Ventureburn this was due to the financial and legal system being easier to navigate, as well as English being the primary language. It is one of 22 French Tech...