Nine African startups have been selected so far to join the summer 2021 cohort Y Combinator accelerator, with each receiving US$125,000 in seed funding as well as additional investment opportunities at a demo day.
They are among the 117 (more will be announced as the programme progresses) that have been confirmed to be participate in the accelerator programme.
The S21 batch of Y Combinator will comment this month and round off in September with a demo day.
Meet the 9 African Startups:
- Mecho Autotech, which connects car users with mechanics and smart part vendors;
- Suplias, a B2B marketplace for mom and pop stores;
- Lemonade Finance, a multi-currency payments solution.
- Licensed online insurance brokerage Amenli,
- Car parts marketplace Odiggo
- ShipBlu, a last mile e-commerce delivery and fulfillment company.
- Chari, an e-commerce and fintech app for traditional retailers,
- Freterium, a collaborative SaaS platform that connects organizations, people and technologies in the logistics value chain.
- Floatpays, an on-demand wage access platform, completes the list.
During the Y Combinator Winter ‘21 batch demo day in March, ten African tech startups took to the virtual stage to pitch to an audience of investors, press, alumni, and other interested parties.