Five startups have been selected as winners of Demo Africa, one of the flagship initiatives of LIONS@frica and described as the “launchpad for emerging technology and trends.”
The event, which held in Johannesburg, South Africa from 25 & 26 August 2016, attracted venture capitalists, angel investors, investment fund managers tech buyers, entrepreneurs, innovation supporters & media from various parts of the world.
Although the two-day event was filled with diverse programmes, the highlight was the pitching/launching of products by 30 selected startups.
The 30 startups have products in 11 verticals including logistics, retail, e-commerce, education, banking and finance, media, renewable energy, health and agriculture.
After the pitch session and deliberations by the judges, the following startups were announced winners.
The product suite is aimed at helping people escalate conversations into action right from the source. Sortd works seamlessly with Email, IM, Skype and Slack.
Sortd plays into an emerging category in the SAAS collaboration space with a vision to create an all-in-one Communication & Teamwork Platform for “the rest of us” (aimed at small-medium size businesses).
ConnectMed is an online machine learning-enabled telehealth platform that allows patients to seek treatment from GPs over video for common ailments, either directly through app (ConnectMed Prime) or indirectly through clinic partners (ConnectMed Care).
ConnectMed Prime targets middle and upper income South Africans who have easy access to internet-enabled devices and use the private healthcare system.
Strauss Energy sells electricity to homeowners and organizations at 75% cheaper than the national grid. The power is generated from the innovative BIPV Stima 2 in 1 solar roofing tiles that they manufacture.
2 Million Houses are required annually according to a UN Habitat report. In Kenya only 150,000 houses are built annually. Strauss targets 30% of this market and is already working on 1,000 houses in Kenya and an additional 10,000 houses next year.
Solstice Home Energy Solutions
Solstice has developed a low cost energy monitoring solution for Nigerian households that gives insight into energy consumption patterns by measuring both utility grid and generator usage.
The data the hardware provides can be used by homeowners to track energy usage, set budgets, and get energy saving tips through our mobile application.
MediaBox is gateway to content in the home. They can make any existing TV old or new a truly smart device for entertainment, education & access to the internet.
MediaBox is the only aggregation platform in Africa that works with any and all current providers of content, such as DSTV, ShowMax, Netflix and Supersport.
“These companies have a global appeal and have the highest potential to becoming global companies,” said Stephen Ozoigbo, CEO at African Technology Foundation, the agency implementing the LIONS@FRICA initiative.
The five startups will go on a 2-week Innovation Tour of Silicon Valley courtesy of the DEMO Africa LIONS programme, a partnership between DEMO Africa and the LIONS@frica initiative.
The tour will expose the startups to the technology and investment ecosystem in the Silicon Valley with the aim of attracting investments from investors from the Valley.
“By participating in the innovation tour, we are helping to connecting these companies to the global innovation ecosystem and also continue connecting them to potential investors,” Ozoigbo concluded.
The event was supported by the LIONS@frica Partners, City of Johannesburg, and the South African Department of Science and Technology. Other partners include Google, The World Bank, and African Technology Foundation.