Crop2Cash, an agritech resolution supplier for small farm holders has received the Lagos version of this years Seedstars pitch occasion.
Seedstars is the worlds largest startup competitors for innovators from rising markets. The competitors focuses on startups with impactful improvements. This yr, Seedstars regional occasions will probably be held in over 80 cities globally.
On the Lagos occasion, Doctoora, a medical startup, and Merchants of Africa, a platform that permits intra-Africa commerce, completed second and third respectively.
In accordance with Alessia Balducci, Normal Supervisor of Seedstars Nigeria, the Lagos competitors is probably the most aggressive in Africa. A complete of 11 startups pitched on the occasion, which was held within the newly launched Seedspace GrowthLabs in Lagos.
The profitable startup, Crop2Cash, has constructed a variety of options for farmers. It developed a digital banking service that enables farmers to function financial institution accounts with USSD codes and a cell app. Its platform additionally makes it simple for farmers to handle their provide chain and relations with suppliers.
Crop2Cash was based in 2018 by Michael Ognudare, Emem Essien, and Seyi Alabi. The startup will signify Nigeria on the Seedstars Africa Summit which holds in South Africa in December.
If profitable on the Africa regional occasion, Crop2Cash may even go on to pitch on the Seedstars World Summit and stand the prospect to win as much as $1 million fairness funding and different prizes. The Seedstars World Summit holds in Switzerland in April 2020.
Crop2Cash additionally stands the prospect to affix lower than 20 startups within the unique Seedstars Progress Program. This can be a 14 weeks accelerator programme that guarantees $50,000 funding and a possibility for extra funding.
Heres a full listing of startups that pitched on the Lagos competitors:
Crop2Cash: An agritech platform for small farm homeowners.
Foodlocker: An e-commerce platform for recent meals and groceries sourced instantly from farmers.
Lucy.ng: An on-demand merchandise branding platform.
Asusu: A microfinance platform for the financially excluded.
Pronob: A SaaS firm that provides stock administration providers for pharmacies.
Merchants of Africa: An e-commerce market centered on driving intra-African commerce in addition to commerce between Africa and the world by way of expertise.
Doctoora: A platform to search out well being professionals.
One Kiosk Africa: An e-commerce startup that’s working with a community of shops to ship orders.
Publiseer: A digital publishing platform for music and books.
Edusko: An edtech resolution for the financially handicapped.
Alerzo: An e-commerce startup that desires to digitize Africas casual B2B retail provide chain.
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