Ten startups will pitch at the Cape Town leg of the Seedstars World competition later today (November 21) to stand a chance of earning a place at the global final and the chance to compete for US$500,000 in equity investment.
Seed-stage startup competition for emerging markets Seedstars World is selecting national winners from all over the world, including around 30 African countries, and will bring them together at the Seedstars Summit in Switzerland next year to compete for funding and a host of other prizes.
It has already chosen winners in Kenya, Ghana, Tanzania, Egypt, Morocco, Senegal, Sierra Leone, Angola, The Gambia, Rwanda, the Democratic Republic of Congo (DRC), Cape Verde, Tunisia, Malawi, Cameroon, Mauritius, Uganda, Libya, Zimbabwe, Ivory Coast, Mozambique, Zambia, Mali, Botswana, Nigeria and Namibia, and will be holding South African events in Cape Town today and Johannesburg on November 28.
Selected winning startups from each of those two events will then face off against each other at the Seedstars Africa regional summit in Johannesburg in December to represent the country at the Seedstars World global final in Switzerland in April of next year.
The selected startups for the Cape Town event are software company CYBAUG, venue-booking platform Getven, prop-tech startup Matchbox, beauty app Prim-U, jobs startup SkillsPassport, agri-tech platform Skudu, energy startup SolarTurtle, marketing platform Vectra, and financial recruitment service Yaksê.