Innoventures, in partnership with VC4A, CEDARE and JuiceLabs, has announced the top 11 startup companies chosen to proceed to “Plasma”, the third stage in its Startup Reactor program. The startup companies chosen are operating in different industries such as agriculture technology, consumer electronics, and industrial automation.
During “Plasma”, selected entrepreneurs will have access to the full startup-support benefits provided by Innoventures, including office space, legal company registration, branding, mentoring, and in-depth sessions about how to build a company, in addition to seed funding for the more advanced startups.
These 11 companies were selected from 39 startups that took part in the second stage, “Ignition”, an intensive 6-week training workshop that took place during the month of May 2017. The program has already started to work with these promising 11 startups since July 2017, to launch and grow their companies, and prepare for seeking further investment.
Startup Reactor is a unique program designed to support innovative startups operating in several high- opportunity industries in Egypt. This year, Innoventures is operating its fourth cycle of Startup Reactor with three separate tracks:
• Main Track: startups from any industry in partnership with VC4A
• Media Track: startups in media, advertising, analytics, content platform, content creation automation, e-commerce, talent management, and influencer management in partnership with VC4A and JuiceLabs
• E-Waste Track: startups that recycle electronic waste in partnership with CEDARE, SRI, Chemonics, and CleanTech Arabia.
Here are the 11 chosen startups:
- Tomatiki
- Imaginators
- Hanorder
- Bionic Limbs
- Nezaker
- Agrona
- Okhtub
- Smart Safe Solutions
- Happiana
- E-kacia
- TechnoRecyle