Startup news

Could this asset management startup be SA’s next ‘quant’ powerhouse?

A Financial Times article published on Tuesday (20 March) describes interest in quantitative investing (quant investing) — the use of powerful computers and artificial…

Startup scene ‘absolutely exploded’ after Silicon Cape launch – Justin Stanford

Silicon Cape must continue to help trying to promote and grow Cape Town’s tech startup community and to represent the idea of startups in…

BitPesa launches in Ghana, extending presence in West Africa

Nairobi-based digital payments startup BitPesa has launched in Ghana, enabling Ghanaians to settle global payments in their local currency, the Cedi. In a press release, the fintech company…

Silicon Cape to engage local tech community to help forge new strategy

What does Silicon Cape really do? What should it be doing and who should it be serving? These are some of the key questions…

Merck launches Satellite Programme for African startups in pharma, life sciences

German pharmaceutical, life sciences and performance materials company The Merck Group has kicked of its African Satellite Programme in Nairobi, Kenya. In a statement on the…

Google is backing it, but how does SA startup swiftVEE’s platform really work?

Being selected by Google as one of 12 startups for the tech giant’s first Launchpad Africa Accelerator has been “mind blowing”, says Cape Town’s…

LaunchLab launches seventh edition of The Ideas Programme

Stellenbosch-based business incubator LaunchLab has launched the 2018 edition of The Ideas Programme. LaunchLab announced the latest edition in a tweet today. The initiative — the incubator’s longest…

88mph partners with Samsung, extends reach of African startups

Startup accelerator 88mph and Samsung Electronics Africa have entered into a partnership to provide three lucky startups, who enter the 88mph programme before 1…

Bozza boss reveals major Omidyar Network investment

Bozza boss Emma Kaye has revealed to Ventureburn that Africa-friendly Omidyar Network made a sizable investment in the company. Bozza, which is currently based…

Don’t go unappreciated or waste money on gift cards anymore, be Kiind

A gift-card given, is a gift-card thrown away, as a wise man once said. A verbose and fake idiom, but in reality about 8%-19%…

Peter Thiel backed goal-setting app Everest now live in SA

Anyone who’s ever had a new years’ resolution knows that setting goals is a lot easier than achieving them. If only there was an…

Gust Pay finally out of beta, ready to rock the mobile payment game

Saying mobile payments are blowing up in Africa is starting to get tired, but they really are. Stellenbosch-based startup Gust Pay just announced that…

Rocket Internet’s Glossybox hits 4m beauty boxes sold

Beauty subscription service Glossybox today announced that it had sold its four-millionth beauty box, meaning that it’s sold a box every 20 seconds since…

WooThemes founder cooking up educational resource for startups

This is interesting. WooThemes founder Adii Pienaar, is quietly preparing to launch a new venture called PublicBeta. The new project looks to be an…

Nigerian startup Knack launches affordable laptop and tablets

Knack International Limited launched a trio of smart devices and a laptop over the weekend. The young startup from Nigeria is attempting to provide…

Need a crash course in creating a business? Check out Startup Weekend Johannesburg

Startup Weekends are getting quite popular in Africa. Give groups of people 50 or so hours, an idea and set them to task creating…

MyDoorHandle receives Google invitation to Blackbox Connect

Dylan Kohlstadt and Steven Ellis from the Cape Town based startup MyDoorHandle have been invited to attend the Google for Entrepreneurs and BlackBox.vc entrepreneurial…

Savannah Fund’s first graduating class: Ahonya, Kola Studios & Safaridesk

Kenyan-based accelerator Savannah Fund has graduated its first class of startups in Africa. Savannah Fund is a seed capital fund that specialises in US$25…

Rocket Internet’s Easy Taxi secures $15m funding round

Latin American taxi app Easy Taxi has just secured a US$15-million funding round from its original backer Latin America Internet Holding. According to the…

Rocket Internet’s SE Asian LAZADA secures huge funding for the region

Things seem to be going well for Rocket Internet, with news and investments coming every week from the ecommerce cookie cutter company. This time…

Rocket Internet boasts crazy growth for Nigerian Amazon clone Jumia

German serial web company copiers, Rocket Internet, is reporting that its Nigeria-based Amazon wannabe, Jumia, will move to a new 90 000 sqft warehouse…

Every1Mobile closes R18m angel round, announces 3 million monthly visits

Every1Mobile (E1M), the company that specialises in building mass audiences via mobile in sub-Saharan Africa, announced that it has raised R18-million in angel investment….

Premier news site Daily Maverick offers qualifying startups free advertising

At a time when many online newsrooms are shuttering their content behind paywalls in the wake of trickling advertising revenues, one of South Africa’s…

HONOR X9c Redefines Rugged Smartphones with Unmatched Durability and Smart AI Features

South Africans Embrace AI: 71% Excited About Future Impact, New Survey Reveals

Temu Survey Reveals Price is King for South Africans

Purple Elephant Ventures Secures $4.5M Seed Round, Setting Record in Kenya’s Tourism-Tech Scene

Conservio raises $1M to expand sustainable travel

Microsoft launches new Surface devices in new AI era

Honor Magic V3 launches, four things to know

Honor Magic V3, a Guinness world record attempt

GS3 Emzoom R Style review

Dakar dominated by South African built Hilux Evos

Elkann to create Jeep and Stellantis Meta(morphosis)