Lagos-based venture capital (VC) firm GreenHouse Capital has accepted 10 startups from Botswana, Ghana and Nigeria into its 2019 Tech Accelerator programme.
The cohort, which commenced two months ago, was selected from a pool of over 200 applications from across the continent.
GreenHouse Capital founding partner Kunmi Demuren (pictured above) said in a statement last Friday (11 October) that the ingenuity on display in this cohort is “simply breathtaking”.
Two of the startups in the GreenHouse Capital’s 2019 Tech Accelerator programme are from Ghana and Botswana
“Anyone who thinks Africa’s tech boom has plateaued needs only look at the next generation of startups coming up and the problems they are solving to see that that the ecosystem is becoming more and more exciting each year,” added Demuren.
The 10 companies in the cohort include startups that operate in the medtech, healthtech fintech and edtech verticals. They are:
- Doctoora (Nigeria): Provides healthcare professionals with medical facility rentals for their private practice and runs an online marketplace where consumers can connect to healthcare professionals
- Gricd (Nigeria): Builds Internet of Things (IoT) enabled smart active cooling devices that store and transport temperature-sensitive vaccines and pharmaceutical drugs
- Bace (Ghana): Fintech startup that uses artificial intelligence (AI) and facial recognition to improve Know-Your-Customer (KYC) protocols for financial institutions
- Vimosure (Botswana): Offers a platform which uses sensor-based IoT systems and data analytics to reduce costs and increase transparency between vehicle insurers and consumers
- Datespace (Nigeria): A dating app that aims to transform the way Africans find love by connecting young, working professionals to memorable dating experiences
- Mashup Beauty (Nigeria): Ecommerce startup driving customer acquisition and sales for beauty-focused small businesses via an online marketplace and business management software-as-a-service (SaaS) solution
- Vesicash (Nigeria): Platform that provides secure digital transactions and promotes financial transparency between small businesses
- Otrac (Nigeria): Elearning platform which provides tailored training and courses for public and general health practitioners
- SchoolsFocus (Nigeria): One-stop school management solution
- Whip Music Africa (Nigeria): Platform that helps African artists access connections and opportunities needed to take their music careers to the next level by increase collaboration and revenue creation among creatives in the music industry
The programme, which is run by GreenHouse Lab at Lagos-based tech hub Vibranium Valley, will culminate in a demo day in December where the startups will present their ideas to an audience of global investors, entrepreneurs, corporates and media.
As part of the investor readiness acceleration programme, the 10 companies will gain access to resources that include an immersive, tech-focused curriculum led by Google mentors and industry experts.
The cohort will also get access to products, resources and proof of concept opportunities with GreenHouse Lab partners that include Google Launchpad, DIY Law and Oracle.
In addition, the startups stand to benefit from investment from GreenHouse Capital and its global network of investors.
Featured image: GreenHouse Capital founding partner Kunmi Demuren (Venture Garden Group)
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