Startup news

Bottles pops cork after R500 000 Shark Tank investment

On-demand alcohol delivery app, Bottles has successfully pitched their business on Shark Tank SA and walked away with an investment of R500 000. Their…

Paystack closes $1.3-million seed investment

Nigerian fintech startup Paystack, backed by Y-Combinator, has closed on US$1.3-million in Seed Funding. “Having painstakingly identified the many barriers that merchants on the continent have when…

Q&A: Ventureburn chats to ex-Groupon SA CEO about new startup

In a move that may appear baffling at first, the ex-CEO of Groupon SA, Wayne Gosling, has created a similar business after the former…

All sunshine for Mobisol after €14m in investments

Solar power company, Mobisol has acquired large investments from the International Finance Corporation (IFC), as well as from the Dutch development bank. The IFC has…

Startup with an education focus? This contest might be for you

The Jacobs Foundation’s TRECC initiative, in partnership with Seedstars World, has launched a new competition to find innovative startups with education-focused ideas and services. The competition…

Amavulandlela Fund launched for disabled entrepreneurs

A new fund, dubbed the Amavulandlela Fund, has recently been announced, focusing on supporting entrepreneurs with disabilities. The Amavulandlela Fund will be made up of…

Innoventures ends year on $1.6m high note

SME developer and accelerator Innoventures has announced the launch of their US$1.6-million fund, named Innoventures Fund 1. Innoventures’ CEO Hesham Wahby made the announcement…

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