who runs the Toronto branch of TechStars, a tech industry fund focusing on . On a cohort basis, Techstars Toronto provides startups with capital, direct mentorship, and access to its network of seasoned entrepreneurs. OurPass is creating the fastest one-click checkout technology for digital commerce in Africa. Techstars Toronto Accelerator Winter 2022 Demo Day celebration party at Workhaus We are so proud of all of the hard work and progress made by these startups over the past few months, and we . Thank you to our sponsors, partners, mentors, and Techstars alumni who help make Techstars Anywhere successful. On this live and interactive online event you can pitch your ideas to a panel of Toronto startup investors and experts for ratings and feedback. Techstars EMEA This is a grouping of Techstars events in EMEA. Although when Livespot360 started out some years ago, we aimed to be one of the most prominent entertainment hotspots in the country. Contrary to our previous report that only Nigerian startups were selected for the cohort, there is a Kenyan startup in the cohort (Nov. 1, 2022). Mycoverai's open insurance API enables innovators and businesses to easily embed and distribute genuine insurance to anyone in Africa. You know, you have to juggle like five to seven different things like Zoom, slack, um, Google Calendar just to, just to run your own online academy. Lagos, Nigeria. We help reduce employee turnover and increase culture by boosting employee engagement through each of Shakas features! Since its first African investment in 2015, Techstars has backed over 50 African startupsoperating mostly in fintech, logistics, agritech and healthtechthrough its various accelerators. Gigmile provides service and financial infrastructure for mobility-based gig work in Africa. Of the 12 companies, three are led by women CEOs, two are led by veterans, and 9 out of the 12 companies are led by CEOs that identify as racially or ethnically diverse. Check your inbox and click the link to confirm your subscription. The current app was launched in June 2021 on web and mobile after months of intensive market research and customer survey. The problem is, good things are scarce. Techstars Toronto Demo Day 2022. With our incredible network of mentors, investors, and partners across Canada already in place, Techstars Toronto sets out to bring the worlds best to Canada. My passions in business fuel my desire to accomplish challenging heights, and my creativity in Dance and Theatre allow me to express myself to the fullest extent. Fleri. Some of the companies graduating from the Techstars Toronto Accelerator grads next week include: DevNation aims to empower 50 million Pakistani youth with in-demand digital tech skills. Startups in the most recent Techstars Toronto Accelerator joined the program from around the world. The Story of Ukrainian Startup Resilience: MADE WITH BRAVERY, US House Committee on Financial Services: Investigating the Collapse of FTX, Part I. Mentor for the Techstars Founder Catalyst Program in partnership with J.P. Morgan. 2022 - 2023. In addition to operating accelerator programs and venture capital funds, we do this by connecting startups, investors, corporations, and cities to help build thriving startup communities. We also expanded into two programs per year from one and have more than doubled our investment allocation each year.. Available data suggest that aside from the Techstars Barclays Accelerator (that was held in Cape Town), more African startups are accepted into Techstars Toronto and New York. A platform where any individual investor, regardless of account size or background, can automate their investments through ML, algotrading, and/or copy trading! Their traction and team size are seldom seen at this early stage, and their valuations are starting to soar, and surpassing a combined $100M USD already, which we believe is just the start. In & Out. Leading operations is our new Program Manager Carly Forcade who joins us from the Isenberg School of Management at UMass Amherst. Great! Klas has an Annualized Revenue Run Rate of $40,000 and 55,000 Monthly Active Users. Currently operating in Nigeria, Blackcopper wants to expand to Ghana, Uganda and Tanzania in the coming months. Out of the 12 selected startups that pitched, eight were African startups. Freeman Capital helps everyday people with financial planning, investment management and education no matter how small the initial investment. Founded by Nathan Nwachukwu, Klas is building a robust infrastructure for schools and individuals to set up online learning services. The arrival of COVID-19 showed that learning neednt be within the four walls of a classroom. Wireless Sensor Networks detect wildfires and more quickly and accurately, bringing massive monetary savings to forest landowners. The community is vibrant and fosters collaboration between businesses. Joining Techstars helped us realise just how big Klas can get in building this infrastructure for the globe, says Nwachukwu. Vulcan Augmetics is building high-functioning prosthetics for unserved amputees in developing nations. Based in one of the world's most diverse cities, this Techstars program focuses on startups making the world better. The startup raised $650k at the accelerator program. Get the best of Africas daily tech to your inbox first thing every morning.Join the community now! The Nigerian startups selected for the Techstars Toronto 2022 Winter cohort cut across logistics, finance, e-commerce and education sectors. Shoppers can browse and purchase more than 100 goods and services from early . The company was introduced by Patricia Technologies as a means to oversee the non-crypto services of the business. So, the partnership with Techstars to showcase promising African startups to investors and alumni aligns perfectly with our overall vision of showcasing the best of Africa, he concludes. [8] Later in the year, Kora expanded to the United Kingdom by partnering with the municipal government in Birmingham to open its first fully operational . Bringing together entrepreneurs | by Theron McCollough | The Founder VC | Medium About Foundercon - Techstars Foundercon 2020 Alex Raymond on Twitter: "Super-excited for Techstars FounderCon this year! !function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="//platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs"); NCFA Canada The African startups who participated in Techstars Torontos spring 2022 class are: Emergency Response Africa, Gigmile, Glade, Mycoverai, Blackcopper, Bongalow, and truQ. South Africa's Carry1st raised a $27 million pre-Series B from Bitkraft Ventures, a16z and Konvoy Ventures to drive mobile gaming adoption on the continent. However, Nigerias current foreign exchange crisis has made things difficult for workers to access payments and for businesses to manage African talent. Techstars Toronto's second class of 2021 had their demo day on January 11. Techstars Toronto has also provided direct mentorship and granted them access to its network of seasoned entrepreneurs. The Techstars Anywhere January Class of 2022 represents our ongoing commitment to investing in diverse teams. At Techstars we have invested in more than 3,300 early-stage startups. As Techstars Toronto's latest cohort shows, the accelerator is positioning itself away from the fintech . We support many of the world's best entrepreneurs with access to capital, mentoring, finding customers, hiring talent, choosing the right infrastructure, and much more. Join Canada's Fintech & Funding Community today FREE! These promising, early-stage companies are addressing challenges in categories such as PropTech, E-commerce, B2B SaaS, Retail, Healthcare, FinTech, and more. Daily Hive is a Canadian-born online news source, established in 2008, that creates compelling, hyperlocal content. As one of the largest pre-seed investors in the world, our portfolio is as diversified as our 7,300 founders are unique - from HealthTech and FinTech, to Web3 and CleanTech; from Miami and Silicon Valley to Lagos and London. Techstars Toronto has announced the 10 startup's joining the accelerator program's third cohort, which will now begin on June 8, due to the COVID-19 pandemic. Jul 2018 - Present4 years 7 months. Joining us as Investment Principal is Melani Gordon, a former CEO, angel investor, and startup coach who will be helping the founders build great companies through the accelerator program and the Techstars network. This year, attendees have had the opportunity to experience innovation such as digital art exhibitions, AR, VR and gaming.. Simpu was launched into private beta in November 2021, it is an all-in-one omnichannel inbox that allows businesses to receive and send messages across different platformsemail, Whatsapp, SMS, iMessage, Facebook, Instagram, and Twitterfrom a single dashboard. Its more expensive to send money within sub-Saharan Africa than sending from sub-Saharan Africa to other countries. Super proud to announce that I am now officially a Techstars Toronto Mentor! By Partner Jan 09, 2023. This is doubly true when companies start running into millions of users. In addition to 4 other startups across Canada, Pakistan, and India the programme provided hands-on mentorship, funding, and access to Techstars founders and talent network. You can change your choices at any time by visiting your privacy controls. Credential ID UC-43efd316-0484-4bbe-8978-c1b5be9ffab0 See credential. This is helpful if the person is far away. All rights reserved, 9 African startups graduate from Techstars Toronto 2022 Winter cohort, as its Africa portfolio reaches 29, Journalist feasting on tech, business, and policies. The Techstars worldwide network helps entrepreneurs succeed. In just three presale stages, Orbeon Protocol (ORBN) increased in value from $0.004 at the beginning of the presale to $0.0435 as it currently stands. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. truQ automates and optimises short-haul logistics across Africa. TechStars Toronto would be investing in 24 startups this year. Introduction. Glover Technologies - The Leading Digital Assets Marketplace Providing Seamless Opportunities For Africans. Applications are currently open for our. We look back at 2022 with From all of us at Ciba Health we are wishing our friends, partners, clients, and industry peers an amazing New Year. GIGXPAD - An African financial asset platform that focuses on simplifying the processes of saving, investing, and spending value globally. Collections Techstars + ABN AMRO in Amsterdam FinTech Week We are excited to bring to you several hybrid events in association with Techstars Amsterdam, Dublin, Paris and Stockholm as well as ABN AMRO that form part of Amsterdam FinTech Week 2022. Sunil Sharma's Post Toronto, Canada Apply Now Not ready to apply? Join us to hear from our founders about the innovative companies and the products and services they are building. It allows users to automate invoicing and get paid faster by clients globally while saving costs on fees. Two startups (Glover and Klas) presented to the audience at EWL. Klas - An all-in-one platform for live learning. The company also offers payments, savings, micro-credit, and micro-health insurance for all the professionals on their platform. This time, Techstars Toronto searched the entire world for exceptional tech startups on realization that a fully remote class was inevitable. We are proud to have 10 of the 12 companies led by underrepresented CEOs. A total of $7,460,000 was raised in the 3 months virtual accelerator programme. Application for Techstars Toronto Accelerator 2023 is now open. Meet the eight African companies in the 5th class of Techstars Toronto: 1. Moreover, we have selected a batch of companies where more than 95% of the teams are BIPOC and women! 40% of our new class have at least one female founder (including two Chief Technology Officers), and countries of origin include Iran, Turkey, Poland and Nigeria in addition to being very pan-Canadian (Toronto, Vancouver and Calgary). Healthtracka is a digital health platform founded by Ifeoluwa Dare-Johnson. Our companies come from across Canada and the world, and focus on a wide range of industry verticals. We also expanded into two programs per year from one and have more than doubled our investment allocation each year., Techstars Toronto has been a core part of the Toronto tech ecosystem but we have also adopted a highly global and international investment focus. From a 2-day event in 2019, the Livespot festival has grown to become a week of not just entertainment and exhibition but a platform for innovative showcases, conversations and transactions. This is even more true for Malle Gavet, Chief Executive Officer of TechStars. Techstars Toronto Winter 2022 Demo Day Hosted by Techstars on Dec 15th, 2022 20: 33: 41 remaining to intro See who pitched Total Intros 61 Klas 21 hours The Shopify for virtual learning CA ON Toronto SaaS, Enterprise, Creators, +1 more Key Traction Metrics $62K ARR 85K MAU Interest on Stonks 7 Intros View Details Speak Ai Inc 21 hours To do this, it has built a network of over 300 drivers, and 90+ warehouses and is currently available in 10 cities. 9 African Startups Graduate From Techstars Toronto 2022 Nichole Manhire 19 December 2022 0 5 minutes read Story Highlights Since then, Techstars has featured an impressive and diverse lineup of startups that include names like Quidax, Altschool, Treepz, Healthtracka, Spleet, Kora, and mycover.ai, among several others. For more information, please visit: www.ncfacanada.org, Your email address will not be published. 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