Startup news

Here are the 12 finalists who will pitch for up to $500k in the 2019 Seedstars World prize

Three African startups are among 12 startups that have been selected by a panel to compete tomorrow (5 April) for the title of 2019…

Court case looms for Yookoo Ride – but Kenny Kunene claims his startup is ‘okay’ [Updated]

Editor’s note (11 March 2020): Yookoo Ride founder Temesgen Tesfay contacted Ventureburn in February 2020 to inform the publication that the startup had no…

Two top Nigerian fintechs can win 1m naira in FCMB Tech Pitch Perfect competition

Nigeria’s First City Monument Bank (FCMB) has partnered with Passion Incubator in a search for innovative solutions around e-payment, e-collection and e-savings solutions through the FCMB Tech Pitch Perfect competition.

Here are the 21 African startups that will jet off to the 2019 Seedstars Summit

Twenty-one African startups are getting ready to jet off to Switzerland to attend the annual Seedstars World summit — the culmination of one of…

Jozi-based closed-loop payments startup Allxs out to raise R10m funding round

Allxs, a Joburg-based startup that has developed a closed-loop cashless payments platform, is looking to raise a R10-million funding round, its founder Raphael Domalik…

Nedbank claims digital first with launch of API marketplace for fintechs

Nedbank has launched the Nedbank API_Marketplace, an application programming interface (API) platform which the bank says will allow approved technical partners to create innovative…

Ghanaian healthtech startup mPharma wins $1.5m at 2019 Skoll Awards

Ghanaian healthtech startup mPharma has been named as one of five winners of the 2019 Skoll Awards for Social Entrepreneurship. The awards comes after…

Seven Startups make it into the BongoHive Launch programme

Zambian startup hub BongoHive kicked off its Launch Accelerator programme this week by inviting seven startups as its fifth cohort. During the 12-week programme, startups will undergo a series…

The Foschini Group produces another initiative powered by a startup

Startup Pargo and major retail corporation The Foschini Group (TFG) have partnered again to launch their Collect In Store initiative. TFG and Pargo, which helps…

Start-Up Nations SA helping spread best practices in SA, claims co-ordinator

Three years after the launch of Start-Up Nations South Africa by the Minister of Small Business Development Lindiwe Zulu in November 2014, Ventureburn has questioned…

How Pretoria guy made a million at 22 but still stays with parents

A millionaire at 22. That’s the story of Pretoria property entrepreneur Albert van Wyk, who last month launched a book detailing how he made…

Startup Grind to host first event in Angola

Angolan entrepreneurs will get access to regular entrepreneurship talks and information when global entrepreneurship meetup group Startup Grind kicks off its first event in…

Orange launches African-focused investment programme

Telecoms company Orange has announced the launch of a new programme dedicated to helping African entrepreneurs achieve their goals. The Orange Digital Ventures Africa programme will…

Grotech fund set to announce first three deals

Grotech, a venture capital (VC) fund set up under the 12J VC tax incentive, is set to announce its first three investments, said fund manager Clive…

SA SME Fund will commence with due diligence in July says CEO

The R1.5-billion SA SME Fund will commence with initial fund screening due diligence from next month (July 2017), the fund’s CEO Quinton Dicks said…

These are the 12 startups that will pitch at Seedstars World Maputo

Global pitching competition Seedstars World today announced the names of the 12 startups that will pitch at its Maputo event to be held at the Standard…

Nokia opens global challenge for innovative IoT startups

Nokia in partnership with private venture firm Nokia Growth Partners has announced the launch of the Nokia Open Innovation Challenge. The challenge will focus…

Lagos startups have 10 days left to secure spot at angel investing event

Lagos startups seeking funding have just over 10 days left to apply to be part of the latest round of the Lagos StartUp DealDay. Interested startups must apply…

Data mining firm BrandsEye crowned winner of 2017 FNB innovation awards

BrandsEye founder Craig Raw and the company’s CEO Jean-Pierre Kloppers were announced as the overall winner of the 2017 FNB Business Innovation Awards held in partnership with Endeavor…

Egyptian startup Mintrics scores investment from Dubai-based fund

Egyptian social video analytics tool Mintrics announced today that it had received an investment of an undisclosed amount from Dubai’s venture capital seed fund Numu Capital….

Three Cape Town startups win place at Seedstars World regional final

Three Cape Town startups last night secured a place at the next round of global business competition Seedstars World, after coming out tops at a pitching event held in…

Facebook to host one-day summit for young digital entrepreneurs in Joburg

Facebook is partnering with the Department of Small Business Development and Livity Africa to host Youth Enterprise Day, a one-day summit that aims to…

Entrepreneur’s report to address why SA has yet to produce a unicorn

South African startups have produced a string of successes of late. Yet something is lacking. In April Edtech startup GetSmarter announced it would sell to…

Acer’s New Nitro AI Gaming Gear Is Here—But Is It Worth It for South Africans?

R19,000 for Bass? Sony Tests South Africa’s Audio Appetite

Tech Stocks Tank – Can SA Survive a Global Meltdown?

SA Business Confidence: Fintech Lula Sounds Alarm on SME Reality

Why MVNOs are gaining ground — and how Huge NXTGN is accelerating the shift

Acer Unleashes Beastly New Predator BiFrost and Nitro GPUs with AMD Radeon RX 9000 Series

Philips Evnia Drops Jaw-Dropping QD OLED Monitors: 240Hz, Ambiglow, and All the Good Stuff

Microsoft launches new Surface devices in new AI era

Gravity is a true driver’s EV SUV

L2 charging and the power of dwell time

Tires and tariffs