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Home Accelerator

Grindstone Africa’s latest accelerator programme has selected eight startups

Tech Gist Africa by Tech Gist Africa
12/13/2023
in Accelerator, Opportunities, The Big 5
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Grindstone Africa accelerator

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Grindstone Africa is a world-renowned accelerator that fosters high-growth entrepreneurship.

This round of the programme selected seven South African firms and one Lesotho startup.

Seven companies from South Africa and one from Lesotho are among the eight selected to participate. 

Among the companies based in South Africa are:

  • Vambo Technologies, which offers users the ability to use world-class, highly advanced artificial intelligence in their native tongues;
  • iTorho, which offers a marketplace platform for small businesses, freelancers and professionals to communicate;
  • Paragon Impact, is a global sustainability tech and impact advisory company that simplifies the intricate journey of their clients towards sustainability.
  • Deaftouch; which provides accessible communication solutions for the deaf and blind communities;
  • Supribuy, an online platform offering e-commerce and retail services;
  • Diginexus, an online learning platform that helps students launch a career in software engineering;
  • Esinam Global Business Services provides customised management consulting solutions to public and private organisations.
  • The cohort is completed by Lesotho’s Chaperone, which acts as an issuer of electronic payment instruments through its platforms.

“We are enthusiastic about our partnership with Absa and the opportunities this programme brings to the selected African startups. A focus on market access readiness is a key differentiator on this programme, as we drive access into further markets. We believe it will be a catalyst for growth, innovation, and prosperity,” said Catherine Young, managing partner of Grindstone.

Knife Capital and Thinkroom Limited co-founded Grindstone in 2013, and since then, it has become renowned for helping innovation-driven, rapidly growing companies scale their operations. 

Absa is the sponsor of the 2023 programme.

Check out the website for additional details. 

 

 

Read more on Tech Gist Africa: 

Fifty angel investors will be trained under the Tanzania Angel Investors Programme, which will help startups develop

The winner of Africa’s Business Heroes Prize Competition for 2023 is Ikpeme Neto, the founder of WellaHealth

Naspers Labs and GrindstoneX have announced their second cohort of 10 female entrepreneurs

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Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

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