A little over a week ago, Samurai Incubate Africa selected 11 Startups to pitch in front of a panel of angel investors and VCs at Africa’s Notable Startup Pitch Event 2019.
The pitch event had been organized by Samurai Incubate Africa and Growth Africa to provide seed-stage or growth stage funding to startups in finance, logistics, insurance, healthcare, and mobility fields.
The winner was set to receive US$100,000 equity investment.
While the event was not opened to the general public, Founder360° was a media partner and brings you to step by step activities during the live pitching event at the GrowthAfrica offices.
Each startup had a reserved seat.
Before the pitches could kick-off, Tera Kubo Takuma who is the President and CEO of Samurai Incubate Africa did a short introduction of Samurai Incubate Africa activities in the continent.
They launched a US$3.4 million fund to invest in seed-stage startups within the greater East Africa region and has its headquarters based in Tokyo with African operations stationed in Kigali, Rwanda.
He was followed by Johnni Kjelsgaard who is the Founder and CEO of GrowthAfrica explaining the mission and work GrowthAfrica does within Africa.
And then the judges for the event…
The first to pitch was Bluewave Insurance, an insurance startup that creates an innovative mass market, microinsurance products accessible via mobile devices.
Followed by TalkLift, a startup that provides an easy way for businesses to manage conversations with their customers from different communication channel through inbuilt AI-powered chatbot engines.
The third startup to pitch was Uzapoint, an Enterprise Resource Planning tool for small, medium and large enterprises to connect with their clients and automate business processes.
Then Medbit, an online medical platform that allows patients to book appointments and seek treatment from doctors in Kenya.
OZE, a Ghanian startup that provides small businesses with the data they need to make decisions enabling investment-readiness and a chance for a local economy to assert itself on a global stage was fifth to pitch.
There was a 10-minute break for refreshing and networking.
Ridesafe was first to pitch after the break. The startup offers real-time Emergency Response solutions to the public motorbike sector in the event of an accident.
Then Julla, a startup that enables users to purchase items now and pay later followed suit.
The 8th startup to pitch was Tovuti, a company that provides professional, comprehensive and fully-fledged software solutions ranging from point of sale, card and mobile payments and retail solutions.
Then there was Afrijob, a startup that brings top talent from all over the world to team up with fast-growing startups in Africa.
Followed by Hoji, a company that helps NGOs and research consultants automate surveys and M&E for smart and timely decision making.
The last startup to pitch was Raino Tech4Impact a social enterprise that leverages on technology as an enabler to empower African communities.
All the pitches were done by midday; and before the announcement of the winner, the event attendees were treated to a sumptuous lunch at the Grand Cafe & Indian Cuisine Restaurant that serves Indian cuisine and continental food in Nairobi, Kenya.
And the judges too…deliberating on where to put US$100,000 equity investment.
After lunch, everyone was back to the pitch venue ready to celebrate the winner of US$100,000 equity investment.
Tera Kubo Takuma took the mic one more time to announce the winner.
And the winner is ….
Photos: F360° Brand Studio