Pan African tech lab Adanian LABS has expanded into South African tech start-ups with the Venture Building Programme investing US$6,00,000 into the SA Tech Startup economy
Five tech start-ups are set to join Global Innovations through Adanaian Labs Venture Building Programme 2022.
As part of its vision to be the leading Pan African Tech lab investing in African Innovations created to solve problems on the continent and beyond, Adanian Labs will be hosting a Demo Day where sixteen (16) shortlisted start-ups will pitch in-person to a panel of adjudicators for a chance to be selected as the final five successful start-ups to be incubated at Adanian Labs South Africa.
“Local partnerships are key in realising the Adanian Labs vision. It excites us to have created strategic partnerships with local entrepreneur As Adanian Labs, we aim to build the next generation of socially impactful and commercially driven companies that will change the world from Africa,” said Adanian Lab’s CEO John Kamara.
The five selected startups will join the Adanian Labs first Cohort of 2022 internationally as they will join start-ups from other countries such as Kenya, Tanzania, Nigeria and Zambia. The Adanian Labs venture building program will offer a blend of technology development, technical support, business mentorship, access to market, partnerships and funding while helping startups apply lean principles in processes, learning, iteration and scaling of their innovations.
Adanian Lab’s mission is to build 300 impact-driven tech startups that are commercially viable and scalable across the continent and beyond, with a vision to create an exponential impact on the African economy through youth empowerment.
Adanian Labs focuses on providing critical support for startups through an evolving socio-economic ecosystem revolving around the sharing of resources, creation, production, distribution, trade and consumption.