AlphaCode has awarded the sum of R450000 grant funding to Jamii Cities, a Johannesburg-based property tech company.
Jamii Cities was founded in 2018 by Adrian Taylor, arc Maasdorp and Bartek Dutkowski. It connects tenants to landlords with safe and affordable apartments across the Johannesburg central business district. The startup also incentivizes onboard tenants that pay rents on time.
See Also: Twiga Foods Secures $30 Million Funding to Digitize Food Distribution
Jamii Cities was part of the startups that participated in the 2018/19 AlphaCode Incubate program. The program consisted of one year of intensive mentorship, boot camps, exclusive office space in Sandton, legal support services, as well as an extensive networking opportunity.
During the incubator’s demo day, each business had eight minutes to pitch and demo their solutions to a panel of judges. Jamii cities had a scalable business model that was highly commended by AlphaCode.
Jamii Cities received an additional R450000 after the R2 million that was given to each of the eight selected startups for the AlphaCode Incubate cohort.
More on TechGist Africa
- Wefarm Secures $13 Million Funding to Scale Digital Marketplace for Smallholder Farmers in Africa
- SA-based Vantage Capital Invests €8 million in Moroccan Tech Funding Company
- Kenya-based Sendy secures $2 Million to Expand Across East Africa
- Application Now Open for the Fourth Cohort of Injini Edtech Incubator Program
- MAN Impact Accelerator Shortlists Two African Startups for 2019/20 Cohort