VC4A has announced the 12 ventures for its 2019 Venture Showcase. These companies represent the best investment opportunities on the continent and have been vetted by 40 VC investors through a rigorous referral and selection process.
The companies demonstrate strong revenues and competitive edge, are well-positioned for regional and internal expansion, and are working on important innovations in the healthcare, finance, transport, commerce and advertising sectors.
The founders will showcase their businesses in front of the investors at Africa Early Stage Investor Summit in Cape Town on November 13 to 14, with the aim of raising US$250k to US$5million in Series A capital.
All companies provide technology-intensive or innovation-based products or services that are currently available in one or more African markets.
The 12 companies are 7keema (Egypt), Brimore (Egypt), Buseet (Egypt), CredPal (Nigeria), CrowdForce (Nigeria), FinChatBot (South Africa), FlexClub (South Africa), LifeBank (Nigeria), Mobiz (South Africa), Snapnsave (South Africa), Yassir (Algeria) and VRapeutics (Egypt) for the Seed+ category.
During the residency, the startups will have the opportunity to interact with and learn from their mentors, peers, and partners, before delivering their pitches on the main stage of the Africa Early Stage Investor Summit.
The programme offers two days of
networking opportunities where entrepreneurs will also engage with interested
investors during deep-dive sessions. The participants will pitch to a wider
audience of corporates, investors and tech professionals at VC4A’s partner
event, AfricaCom.
