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Tuesday, October 01, 2019

VC4A announces top 12 ventures for 2019 Series-A - ITREALMS

The Venture Capital for Africa (VC4A) has announced the 12 ventures (11 Series A and 1 Seed+) for its 2019 Venture Showcase, reports ITREALMS.

These companies, VC4A disclosed, represent the best investment opportunities on the continent, stressing that they were vetted by 40 VC investors through a rigorous referral and selection process.

The companies demonstrate strong revenues and competitive edge, are well-positioned for regional and internal expansion, and are working on important innovations in the healthcare, finance, transport, commerce and advertising sectors.

The founders will showcase their businesses in front of the investors at Africa Early Stage Investor Summit in Cape Town on 13-14 November 2019, with the aim of raising $250k-$5mln in Series A capital. All companies provide technology-intensive or innovation-based products or services that are currently available in one or more African markets.

Without further delay, the 12 companies are: 7keema (Egypt), Brimore (Egypt), Buseet (Egypt), CredPal (Nigeria), CrowdForce (Nigeria), FinChatBot (South Africa), FlexClub (South Africa), LifeBank (Nigeria), Mobiz (South Africa), Snapnsave (South Africa), Yassir (Algeria), and VRapeutics (Egypt) for the Seed+ category.

Ayo Midele/Editor

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