Nairobi-based accelerator The Baobab Community has introduced that it has invested in 5 new startups for its most up-to-date cohort. The accelerator backs early-stage tech corporations throughout Africa.
The brand new cohort contains corporations in Nigeria, Kenya and Tanzania, and takes The Baobab Community’s complete portfolio dimension to 35 with every of the brand new corporations receiving $50,000 in funding.
The startups are:
- Medikea (Tanzania) is a patient-centric telemedicine platform that gives full affected person autonomy through on-demand session, at-home assessments and diagnostics enabling people to hunt care conveniently, spend much less cash and save time.
- Vutia (Kenya) is a B2B beauty market that seamlessly connects casual retailers of cosmetics, magnificence, and private merchandise with prime manufacturers and suppliers.
- Tripitaca (Kenya) is a journey tech firm constructing a Shopify-like product with embedded financing for Africa’s 26 million journey small and medium companies. The platform permits lodging suppliers to extend their income by enhancing occupancy charges, in addition to offering them with an working system and entry to inexpensive monetary companies.
- Messenger (Nigeria) is a last-mile service offering end-to-end logistics and provide chain options for purchasers in cities throughout Nigeria.
- Swahilies (Tanzania) is an SME book-keeping platform that enables SMEs to document their transactions (gross sales, spending, money owed) and handle their companies in addition to ship and obtain funds.
“We’re actually pleased with this cohort. Every staff is made of fantastic executors who’re attempting to resolve huge issues inside their markets. We’ve got seen their means to make exponential progress in a brief period of time and we predict that with our help and funding, they’re now able to scale quickly,” mentioned Wanjiku Kimani, admissions lead at The Baobab Community.
Final 12 months in September, the startup invested $200,000 in 4 different African startups.