South African based Venture Capital firm, Kingson Capital, will be sending five South African tech startups to Silicon Valley next week as part of their first Silicon Valley Bootcamp programme. In August 2019, in partnership with AKRO Accelerate, Kingson held the inaugural Kingson Akro Pitch Event in Cape Town. Twenty pre-selected tech start-ups were given the opportunity to pitch their businesses to a panel of experts, including the Kingson team. Out of this event, ten startups were selected to pitch again, and with input from Kingson’s Silicon Valley startup advisor, Paul Kallmes, five startups were selected. They include: Eevly, Flamelink, iMpilo, Khoyn and ParkUpp.They will be travelling to the United States for the two week bootcamp on Friday, 17 January.
The Bootcamp is an intense two-week workshop, kicking off on Monday 20th January, that will bring the five startups face-to-face with leading Silicon Valley experts on everything from startup scaling and implementation to social media marketing and team dynamics. There will be networking opportunities, one-on-one mentorship and valuable advice on how to plan, develop and execute on their business strategies.
Daily classroom-style sessions will be interspersed with networking events, and valuable reflection time to ensure the startups receive the full benefit of the experience. The two week programme will end with a pitch event in the centre of San Francisco’s financial district, where the startups will be given the opportunity to pitch to a panel of US investors.
You can follow the exciting progress of the Bootcamp on Kingson’s LinkedIn page.
The five startups who will head off to San Francisco this week are:
Flamelink, founded by Marsh Middleton and Andrew McElroy, is a real-time, headless content management system for Firebase – Google’s mobile and web app development platform. It is built for coders and content managers, and creates a simple interface between the user and Firebase.
Eevly, created by Sifiso Vundla, is an interactive content aggregation platform that allows content creators (video creators, musicians, vloggers, podcasters, game streamers, illustrators etc.) to connect with their audience, reach new viewers and plug into various brand partners – all in one content network.
Khoyn, co-founded by Victory Matibiri and Tami Chipika, is a social reselling platform for individuals, companies, wholesalers and more. Users don’t need to hold stock, as the platform works on a drop-ship basis and no investment is required to start selling. This approach is uniquely African, as social selling is hugely popular and conventional e-commerce is still relatively small.
ParkUpp is an innovative parking platform, co-founded by Palesa Moloi. The platform connects people who would normally have to park on the street with landlords and owners who have a surplus of off-street parking.
About Kingson Capital
Kingson Capital (Kingson) is a Venture Capital firm and a registered Venture Capital Company (VCC) founded in 2015. As a Section 12 J VCC, all investments with Kingson are tax-deductible in the tax year that they are made. This has the effect of both lowering the capital at risk and enhancing future returns for investors. Kingson invests in entrepreneurs who have unique and scalable business concepts, whose products change the current landscape and existing business models.
|Issued By:||The Lime Envelope|
|On Behalf Of:||Kingson|
|For Media Information:||Bronwyn Levy|
|Telephone:||011 467 9233|