Nadya Eka Lestari
TechInAfrica — Seedstars World, Swiss emerging market startup competition, has named Ivorian startup Lifiled the winner of this year’s Seedstars Abidjan pitching event.
The startup offers access to lighting, high-speed internet and educational content using an LED light bulb and Light Fidelity (Lifi) technology.
In addition to representing Ivory Coast at the Seedstars Africa Summit, Lifiled will get an all-inclusive trip to Johannesburg in December for the Seedstars Africa Summit.
At the regional summit, the startup stands an opportunity to win a spot at the Seedstars Global Summit in Switzerland where an investment prize of $500,000.
Founded in 2014 by Ange Frederick Balma, Lifiled was one of nine startups selected to pitch at the event which was held last Friday.
Sead Group SA was placed second for its Panelys Cash solution, a mobile money transfer service that works via SMS and is linked to a bank card. This while logistics platform Kamtar was placed third.
A panel consisted of ACG Enterprises’ Edith Brou, BusPortal former CEO Hassan Bourgu, Investors & Partners’ Nous Bih, Yves Ouya, Maniella Ollo, and Seedstars’ Clement Delcourt selected the winners.
In a statement, Seedstars World said that it had, in partnership with German development agency GIZ, launched the Gender Equality Entrepreneurship Track at the event.
The new track aims to increase and catalyze investments for women-led startups in Sub-Saharan Africa.
The Women Entrepreneurship Prize, which will be awarded for the track, will consist of an all-inclusive flight, accommodation and VIP access to the regional summit for 10 women-led startups.
Additionally, the 10 will also benefit from one-on-one mentoring, group mentorship sessions, expert workshops, one-on-one investor meetings and full executive access to the main day of the Seedstars Africa Summit.
Read also: How African Startups Have Benefited From Seedstars World Summit Competition
Seedstars World’s next stop in Africa is Mozambique for Seedstars Maputo, on Friday, November 1, to select the best startup in the country.
Source: ventureburn.com
