Media24 has announced plans to close five magazines and several newspapers, as well as additional restructuring that will affect over 500 staff members. The…
Four Cape Town based startups have collectively landed over R2.7-million in seed grants from the Technology Innovation Agency (TIA), administered by Savant, a hardware tech incubator located in the city.
Savant revealed the news in a statement to Ventureburn earlier this week.
The four startups — which each received grants of between R527 000 and R774 000 in the last few months — include three tech firms and an innovative company that is developing a new brand of fertiliser.
The tech companies include a business that is developing a mobile gym that can be used for automated physical condition monitoring, a startup with a wireless charger for venues and another startup that is working on a tech solution for taxi tracking and passenger counting to ensure commuter safety
Four Cape Town based startups have landed grants of between R527k and R774k from TIA via tech incubator Savant
Here are the four startups:
Automated physical-condition monitoring
John van Niekerk and Newtown Fortuin, who run Vekta Innovations which they founded in 2015, have designed KineDek, an automated physical-condition monitoring, rehabilitation and strengthening machine (see this story).
The machine, which can be likened to a mini mobile gym, links to a cloud-based system which enables data sharing between key players in the health, fitness, insurance, information technology and stakeholders in other related industrial sectors.
Volkswagen (VW) SA recently took an interest in using the invention to carry out mandatory health checks on their 4000 employees when returning to work.
It was on the back of VW’s interest that technology incubator Savant gave the company a R774 400 from TIA late last year.
The two intend to file an international patent application in Vienna next month, which they hope will offer the idea more protection.
A second startup, Opencharge Wireless Power Technologies in December, received a R774 400 grant from TIA, with which it hopes to use to secure patents and develop prototypes for product extensions of its charging stations.
The company was founded by Denys and Phebeon Vera (who is pictured above) in 2018. Denys is a software engineer and Phebeon is a
Their charging stations are aimed at restaurants, cafés, bars, hotels, offices, co-working spaces or stadiums.
Minibus taxi tracking
The startup, which was founded in 2015 by Mbavhalelo Mabogo, offers a combination of real-time taxi tracking and passenger counting to ensure commuter safety as well as an advanced taxi management system for owners.
The latest grant will help the startup to complete development work on its passenger counting solution, production of prototype units and to conduct field trials with 40 current tracking clients to validate assumptions and stimulate demand among its current client base of more than 1000 taxis.
Smartroots is developing a natural fertiliser product based on different fungi species and is aimed largely at smallholder farmers. The startup was founded by Nkululeko Ngqinambi in 2018.
Nkululeko has a Bachelor of Science degree majoring in chemistry and geology. He has had further training in project planning focused on social innovation.
He plans to use the startup’s R638 191 seed grant, which it received in December, to cultivate feedstock from root cultures, then harvest and
process these into a product ready for field trials in different agricultural settings.
The goal is to prove the efficacy and business case for use of the product to allow product registration and first
sales to target customers.
Featured image: Opencharge Wireless Power Technologies co-founder Phebeon Vera (Twitter)