3 African tech startups to partake in Seedstars International Demo Day pitch
Three African tech startups are expected to pitch live at this year’s virtual Seedstars International Demo Day after taking part in the Seedstars Growth Programme.
They are part of a total of 18 participants in the contest.
These three include Nigeria’s Chaka, which provides individuals and companies with the chance to invest in Nigerian and US stocks through its digital investment platform.
The two others are Kenyan based startups; Pezesha, a Fintech and Fuzu, which provides exciting job opportunities, new skills and career guidance.
Seedstars Growth Programme is a free, international, multi-day, online event designed for entrepreneurs from emerging markets who show signs of growth.
“We have two goals with demo day. First, we have asked the founders to put the ‘demo’ back into demo day and I hope that participants will get real insights into how the companies operate and their value propositions. Second, we want to share with the world the incredible opportunity and talent we’ve discovered in 2020 and encourage more people to focus their time, money or know-how on emerging markets,” Chief Investment Officer (CIO) of Seedstars, Charlie Graham-Brown stated.
Participating companies are helped to implement a growth methodology and unlock their growth formula thus positioning them to raise their Series A round.
These startups received $30,000 in funding from Seedstars and its string of investors coupled with access Amazon Web Services, Xero, HubSpot among others.
The main event is scheduled for October 14 and will include 18 startups that have taken part in the fourth and fifth batches of the programme.
Other growing business from Central and Eastern Europe, the Middle East and North Africa, Latin America regions also offer solutions in other verticals.