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All posts tagged "WhereIsMyTransport"

  • WhereIsMyTransport to take on India, Latin America after $1.85m investment

    Cape Town and London-based mobility data startup WhereIsMyTransport has secured a $1.85-million investment as part of of its Series-A round in a deal led by Mexico City-based corporate venture capital fund LiiL Ventures. Dutch impact investor Goodwell Investments also participated in the round. WhereIsMyTransport collects and provides access to public transport data, in addition to journey planning. The company was started by Chris King and Devin de Vries in 2008 in Cape Town (pictured above, on right and centre, respectively with Dave New who joined as a founder subsequently). The company relaunched in 2015 after opening an office in London. In a statement announcing the investment, De Vries described Liil Ventures as an investor that is...

  • Eight SA tech entrepreneurs who made headlines in Ventureburn in 2018

    A local startup founder accused in the US of stealing $600 000 from investors by faking details of his startup, a mysterious angel investor and an entrepreneur who admits he "never saw it coming" when his tech company was hit by a financial mismanagement saga. These are just three of the eight SA tech entrepreneurs that made headlines in Ventureburn this year.  This year we've seen it all. Here then are the eight who made headlines. Eran Eyal, Springleap South African entrepreneur Eran Eyal, who currently lives in New York, was jailed for two weeks in August over fraud charges in the US. He has denied any wrong doing. Eyal...

  • New mapping tool like Strava for public transport planners says GoMetro founder

    Cape Town mobility startup GoMetro yesterday launched a new self-service application for transport planners to better map and plan transport routes. The startup will partner with Italian company GMG Technology to help distribute the app in foreign markets. Speaking at a launch at the MEST Incubator in Cape Town, the startup's CEO and founder Justin Coetzee called the new business intelligence and planning platform that his team has spent two years working on "like Strava, but for public transport". The platform links to a data manager and planning tool that produces maps and graphs in real time from data collected via a smartphone app. Transport planners and software developers can use the service...

  • WhereIsMyTransport ‘okay’, despite retrenchments, disgruntled employees

    Investors in public transport data and technology startup WhereIsMyTransport say they are happy with the progress the company is making, despite a recent round of retrenchments and negative comments by former employees on Glassdoor.com suggesting that the company is in trouble. The Cape Town and London-based company retrenched several staff members last year, while former employees suggested in reviews on Glassdoor.com in January as well as December last year that the company was "an empty shell" and "going nowhere" after five years. 'Happy with progress' Bombardier, which together with the Global Innovation Fund (GIF) and Goodwell Investments last year (see this story) invested £1.2-million ($1.5-million)...

  • WhereIsMyTransport, Facebook to run hackathon series in five African cities

    SA mobility startup WhereIsMyTransport has partnered with Facebook for Developers to tomorrow host the the Connect Hackathon Series in five cities across the continent. In a press release today, WhereIsMyTransport said the first event is set to take place at the Global Entepreneurship Network's 22 on Sloane campus in Johannesburg from tomorrow (19 January) until Sunday. Hosted across four additional cities including Kampala, Dar es Salaam, Kigali and Nairobi, the Connect series will bring together diverse developers and startups looking to build innovative location-aware applications to address the challenges and opportunities of moving people and goods in the region's cities. The first Connect...

  • Funding your startup: Ventureburn lists the SA investors delivering [2018 update]

    For entrepreneurs wanting to find early-stage funding, this is the article for you. As there is generally a veil of secrecy surrounding funding and startups, there is often smoke and mirrors in the industry, with many claiming to be "investors".  Ventureburn has sifted through the South African landscape and brought you the investors that are putting the money where their mouths are, and investing in the startup industry. Make sure to keep checking back on this article. We will constantly be updating it with new funds as the startup space grows in South Africa. Also, with your comments and suggestions we hope...

  • Here are the 15 SA tech startups that have netted $137.7m in 2017 deals

    South African tech startups have concluded deals valued at over $137.7-million so far this year, shows data tracked by Ventureburn. Ventureburn has tracked and reported on 15 deals valued at over $137.7-million to date in 2017 -- including the $123-million acquisition in May of Cape Town startup GetSmarter by US listed company 2U. In all 12 of these deals involved Cape Town based startups, with one each based in Johannesburg, Bloemfontein and Stellenbosch. If one excludes the GetSmarter deal, 14 tech startups have been able to raise $14.7-million this year (see the below graphic). In a further three deals reported on by Ventureburn the parties did not...

  • Cape Town startup WhereIsMyTransport in $1.5m in funding round

    Public transport data and technology startup WhereIsMyTransport has received a collective investment of £1.2-million ($1.5-million) from the Global Innovation Fund (GIF), Goodwell Investments and Bombardier. The investment has been secured as the Cape Town and London based company completes the digital mapping of informally run public transport in South Africa’s major metropolitan areas, the company said in a press release on Monday. In recognition of these achievements, WhereIsMyTransport earlier this month received the International Transport Forum “Promising Transport Innovation Award” and a place in the prestigious NewCities “Global Urban Innovators” initiative. 'We are delighted to welcome Global Innovation Fund, Goodwell Investments, Bombardier to...

  • Y4PT Hackathon series found its Cape Town representative

    International pitching competition Youth for Public Transportation (Y4PT) Hackathon concluded its Cape Town event on 6 March. It focuses on mobility and takes place in 20 major cities around the world. Y4PT was held in partnership with WhereIsMyTransport, the Bandwidth Barn, KAT-O, and Women in Tech. "This hackathon was our first to showcase what can be done with integrated transport data, and the power of an open platform," said the co-founder of WhereIsMyTransport, Devin de Vries, in a press release to Ventureburn. Teams could compete in four categories which included Integrated Mobility, Healthy Mobility, Inclusive Mobility and Future Mobility. The winners from various countries will compete in...

  • Ventureburn’s top 5 tech startups in South Africa of 2015

    There's no doubt that 2015 has been an exciting year for South African innovation. Out of the hundreds of companies building exciting new products and services, five stand out for their innovative solutions, impact, and sustainability as businesses. "Its been a great year for startup South Africa, which started on a high with the January sale of Stellenbosch-based iKubu to Nasdaq-listed Garmin and has ended with the recently announced sale of Kapa BioSystems," echoes Vuyisa Qabaka from Abaphumeleli Business Consultants, who assisted with nominations. Other judges Ventureburn consulted with include CEO of Cape Innovation and Technology Initiative Ian Merrington, Knife Capital's...

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