Crop2Cash, a Nigerian agritech startup has emerged winner of the Lagos leg of the Seedstars Pitch Competition.
The Lagos pitch competition was held at the newly launched Seedspace GrowthLab-the second Seedstars hub in Nigeria’s commercial city.
Crop2Cash which was founded in 2018 by Michael Ogundare, Emem Essien and Seyi Alabi; is enabling smallholder farmers in the countryside through its CashCard; to receive digital payments and build their financial identity.
This automatically gives them access to finance to increase their agricultural production.
For winning the Lagos Seedstars pitch competition, Crop2Cash will now represent Nigeria at the Seedstars Africa Summit holding in South Africa in December.
If victorious at Africa regional event, the Lagos Seedstars winner will also go-ahead to pitch at the Seedstars Global Summit for an opportunity to win up to $1 million equity investment and other prizes. This will be held in April 2020 in Switzerland.
Crop2Cash also stands the chance to join less than 20 startups in the exclusive Seedstars Growth Program- a 14 weeks accelerator program that promises a $50,000 investment and an opportunity for more funding.
It might interest you to know that Crop2Cash won $3,500 in the FCMB Wennovation Agri-Tech Incubation Program.
Meanwhile, Doctoora (won N5 million at the #NES25 Startups Pitch Competition) and Traders of Africa finished second and third respectively.
Seedstars is the world’s largest startup competition for innovators from emerging markets. The competition focuses on startups with impactful innovations. This year, Seedstars regional events will be held in over 80 cities globally.
Meet the other startups that pitched at Seedstars Lagos:
Foodlocker: An e-commerce platform for fresh food and groceries sourced directly from farmers.
Lucy.ng: An on-demand merchandise branding platform.
Asusu: A microfinance platform for the financially excluded.
Pronob: A SaaS company that offers inventory management services for pharmacies.
Traders of Africa: An e-commerce marketplace focused on driving intra-African trade as well as trade between Africa and the world through technology.
Doctoora: A platform to find health professionals.
One Kiosk Africa: An e-commerce startup that is working with a network of stores to deliver orders.
Publiseer: A digital publishing platform for music and books.
Edusko: An edtech solution for the financially handicapped.
Alerzo: An e-commerce startup that wants to digitize Africa’s informal B2B retail supply chain.