Ghanaian agritech startup with the name Agrocenta has won itself a $500,000 investment for emerging winners at the just ended 2018 Seedstars Global competition in Lausanne, Switzerland.
The very tense competition had 21 African startups among 65 finalists competing for the ultimate in Switzerland. The final leg of Seedstars World early stage pitching competition occurred on Thursday. Twelve shortlisted startups battled it out with Ghana’s Agrocenta. Agrocenta was eventually crowned the winner of the overall Seedstars World contest, bagging a $500,000 investment from Seedstars World.
Agrocenta is an online platform that connects the smallholder farmer in the staple food (rice, maize, millet and soya bean )value chain to a wider market to trade, track delivery just by a click of a button, provide real-time market information delivered to their mobile phones via SMS and voice services.
However, other African countries also enjoyed a piece of the cake as they carted away other prizes. SolarFreeze, a Kenyan startup that has developed solar powered storage units for smallholder farmers and traders took home $50,000 from the ENEL Group, EMGuidance, a South African medical content aggregation service also bagged $50,000 for taking the Merck healthcare prize, they also gained admission to Merck’s e-health accelerator. Nigeria took home the Transforming education prize with Edves, which has developed a platform for various schools to share educational materials with learners and for parents to pay school fees.
Kindly subscribe to our YouTube channel
Alisée de Tonac, Seedstars World founded in 2013, is a global startup competition aiming at people’s lives in emerging markets.
Please share on Facebook or Twitter. It helps more people see it.