On the 5th of December, Innoventures held “Startup Nova – Entrepreneurship Explosion” as the final phase of its Startup Reactor program’s fourth cycle. Cash prizes of 15,000 Euro total were given to four promising startups by VC4A.
Innoventures also announced an upcoming 100 million EGP fund for startup ventures based in Egypt.
First place prize went to Happiana, a startup that specializes in creating adaptable charging solutions that can charge any device, anywhere at anytime, with a goal of erasing the words “Battery Low” from existence. Their work secured them a 8,000 Euro cash prize. The second place prize, 4,000 Euro, went to Bioniclimbs, a research and development based company for developing prosthetic limbs with a focus on high functionality, fast production and customization.
The third place prize, 2,000 Euro, went to Agrona, a startup that offers new technology in chipboard manufacturing that is distinguished by by its low prize and wide range of applications in industrial and furniture usages.
Finally, the popular vote prize went to the night’s crowd favorite, Imaginators, an online platform that helps people create interactive, customizable, presentations just by dragging & dropping components, using a range of built-in tools. They secured a 1,000 Euro cash prize.
Yara Yehia, one of the co-founders of Tripdizer, spoke about her experience in the third cycle of Startup Reactor’s program, as one of the winners in last year’s Startup Nova, highlighting the journey she had undergone with Innoventures in Startup Reactor. Noha Fathi, marketing and management consultant, spoke on behalf of the Innoventures’ mentorship program, stating that the ten startups have received over 360 hours of mentorship throughout the Plasma phase of the Startup Reactor.
The participating startups were:
Agrona: Offering new technology in chipboard manufacturing which is distinguished by its low price and wide range of applications in industrial and furniture usages.
Tracktech: An innovative technological company aiming to integrate RFID technology on production lines in factories that apply Lean Manufacturing, such as automotive industry, power industry and home appliances.
TechnoRecycle: Active in the field of collection, dismantling and refurbishment of E-waste. They apply safe and environmentally friendly technologies to recover valuable materials from end-of-life electrical and electronic devices.
Bioniclimbs: A Research and Development based company for developing affordable, prosthetic limbs with a focus on high functionality, fast production and, customization.
Imaginators: An online platform that helps people create interactive presentations just by dragging & dropping components. Users can customize the design & layout of their presentations along with the addition of animations & interactions from a range of built-in tools.
Tomatiki: A technology company that depends on the latest technology of Artificial Intelligence and smart control to produce holistic solutions in different sectors like agriculture, industry, smarthomes, solar panel automation, etc.
Nezaker: An interactive platform for parents that assists them on improving the life of their children and enabling them to make the right life decisions, using short 3-10 minute videosprepared by professionals.
Ekacia: Ekacia’s goal is to establish a new culture in the community that promotes donating old electronics and home appliances through a mobile app that formulates the point of direct communication between its users and local charities.
Okhtub: Okhtub is an intelligent, serious matchmaking platform for the purpose of marriage. Okhtub’s mission is to connect soulmates based on accurate matchmaking that relies on character, culture and behavior.
Happiana: The first and only company in Egypt to design and manufacture adaptable charging solutions that can charge any device anytime anywhere.