ArmTech Impact VC’s Post

Armenian or Global - Reducing inequalities with fast-growing startups in EdTech 📕 💡 With its burgeoning tech scene and young, educated population, Armenia is emerging as a hotbed for EdTech startups. This small country's skilled workforce, lower operating costs, and strategic location between Europe and Asia, position it to become a global hub for educational technology innovation. With soaring demand for EdTech, a trend emerges: more and more startups founded by Armenian diaspora members are making their mark on the global stage. Venture capitalists are taking notice, propelling these innovative solutions onto the world arena. And impact investors start bridging the gap between financial returns and positive social outcomes. For a deeper dive into the EdTech sector, feel free to explore our new market snapshot ⬇ TUMO Labs, Teach For Armenia, Uteach #ATIF #armtechimpactvc #armtechventures #armenia #startupsarmenia #impactinvestment #edtech #education

Helsinki based Nigerian educational technology startup Dexude has received TEMPO funding from Business Finland to foster its mission to democratize access to quality education in Nigeria and beyond. The exact amount was not specified but eligible startups can receive grants of up to €60,000 (or about $66,000) under the TEMPO funding program. Dexude is co founded by Charles Uche Emembolu and Kelvin Chikezie and strives to offer learners access to influential experts and thought leaders, live interaction and a community driven learning space. In alignment with the vision of the startup, the TEMPO funding initiative is in favor of innovative startups and SMEs in international expansion. Business Finland TEMPO funding is earmarked for helping startups ready for international growth, through receiving feedback from potential customers or exploring product demand in foreign markets. The grant awarded to Dexude will help the company to speed up its delivery of quality education at affordable prices to learners across Nigeria and likely also in other regions. Dexude's unique modern education platform that directs students down specific paths and gives them the powers to achieve their passions is being touted as a promising way to tackle the education problem in Nigeria and beyond. #EdTechFunding #NigerianStartups #EducationInnovation #BusinessFinland #GlobalEducation

🌟 Five innovative Nigerian startups have been selected to join cohort 8 of the Google for Startups Accelerator! 🎉 These startups are harnessing the power of AI to tackle some of the continent's most pressing challenges, from fintech to climate change and healthcare. Out of nearly 1,000 applications, these exceptional teams stood out for their creativity and talent, reflecting the vibrant and dynamic tech ecosystem here in Africa. 🚀Let's give a big shoutout to the Nigerian champions: ⦾ CDIAL.AI: Revolutionizing multilingual communication across Africa using artificial and collective intelligence. ⦾ Earthbond: Bringing affordable, reliable energy solutions to homes and businesses, supported by carbon accounting and development finance. ⦾ FactCheckAfrica: Empowering users with an AI tool to combat misinformation and promote informed decision-making. ⦾ NextCounsel Limited: Enhancing lawyer productivity with an AI-powered tool for contract management and compliance. ⦾ Rana Energy (Techstars ‘23): Delivering clean, reliable energy solutions to SMEs and communities through a data-driven ecosystem. 💡At French Tech Lagos, we're inspired by these groundbreaking startups and their commitment to solving real-world problems. Join us in celebrating these trailblazers as they lead the charge towards a more innovative and sustainable future! 🌟 To know more : https://lnkd.in/dMfgeQZ7 #TechForGood #AfricanStartups #FrenchTechLagos #AfricanTech  #Innovation #AI #FrenchTechLagos #NigerianStartups #TechEcosystem    

Google has unveiled the 8th cohort of its Google for Startups Accelerator Africa program, featuring ten trailblazing startups from Kenya, Nigeria, Rwanda, and South Africa. Selected from nearly 1,000 applications, these startups are at the forefront of leveraging artificial intelligence and advanced technologies to tackle Africa’s most pressing challenges. The program continues to demonstrate its significant impact, having supported 106 startups across 17 African countries since 2018, which collectively raised over $263 million and created more than 2,800 direct jobs. This year's cohort highlights the transformative potential of AI in diverse fields. From CDIAL AI's multilingual communication solutions and Earthbond's affordable energy solutions to Fixxr 👨🏾🔧's on-location vehicle maintenance and @MyAIFactchecker’s AI-powered fact-checking tool, these startups are set to drive innovation across the continent. The program underscores Google’s commitment to nurturing the next generation of African tech leaders and providing them with the necessary resources and mentorship to scale their solutions. The selected startups, including Nakili Kenya, nobuk Africa, Rana Energy (Techstars ‘23), and Triply.co, will engage in a comprehensive growth program running from July 29th to September 20th, 2024. This initiative offers them direct access to Google mentors and seasoned entrepreneurs, along with technical workshops to refine their products, business strategies, and leadership skills. The program also aims to prepare these startups for securing follow-on funding through Google’s extensive network of global investors. Google for Startups Accelerator Africa continues to be a catalyst for innovation, empowering startups to address real-world problems and elevate their communities. The program’s ongoing success reflects the dynamic and evolving tech landscape in Africa, showcasing the continent’s growing role in the global technology arena. #GoogleForStartups #AfricaTech #AIInnovation #StartupEcosystem #TechForGood #AfricanInnovation #Entrepreneurship #GoogleAccelerator To read more: https://zurl.co/DHxV

🔔 The FUEL (Finnish-Ukrainian EdTech Launchpad) program is set to run from September to December 2024 👉 https://lnkd.in/emkh72Qy The free program will bring together EdTech companies from Finland and Ukraine. This hybrid initiative aims to foster collaboration, offering a platform for startups to connect and explore opportunities in both markets. Who can participate? 🔹 Startups focused on EdTech solutions that can aid societal recovery. 🔹 Teams based in Finland or Ukraine, interested in cross-border partnerships. 🔹 Idea-stage teams from universities or NGOs looking to establish a company. With applications open until September 1, 2024, FUEL is seeking innovative solutions that can help those affected by trauma or injury to reskill or transition into new careers. A maximum of six companies from each country will be selected. #EdTech #Innovation #FinnishUkrainianCollaboration #Education #Startups #TechForGood #FUELProgram #HybridEvent #BusinessDevelopment

Google announces the opening of applications for the 8th cohort of its Google for Startups Accelerator Africa program, focusing on AI and ML startups driving innovation across the continent. This three-month virtual program offers mentorship, resources, and access to a global network, empowering African startups to address critical challenges and unlock new opportunities. Since 2018, the program has supported 106 startups, raising over $263 million and creating 2,800 jobs. Folarin Oreoluwa Aiyegbusi, Head of Startups Ecosystem, Africa at Google, expresses excitement about nurturing the next generation of African AI pioneers. He highlights Africa's vibrant tech ecosystem as a catalyst for innovation, emphasizing AI's potential to drive transformative impact across various sectors. The program aims to empower startups with the resources and mentorship needed to build successful, impactful businesses. Class 8 of the program, running from June to September 2024, offers equity-free support, mentorship, technical workshops, and access to a global network. Eligible startups, based in Africa or building Africa-centric solutions, are encouraged to apply. The application period is from April 29 to May 20, 2024, with submissions accepted online at g.co/AcceleratorAfrica. This initiative underscores Google's commitment to fostering entrepreneurship and driving digital transformation in Africa. Join Google in supporting African startups leveraging AI and ML to drive innovation and create lasting impact. Apply now for the Google for Startups Accelerator Africa program and be part of Africa's tech revolution. #Google #Startups #AcceleratorAfrica #AI #ML #Innovation #DigitalTransformation #AfricaTech #Entrepreneurship #Hakunamatatamedia

Google selects five Nigerian startups for cohort 8 of the Africa accelerator program Tech giant, Google, has selected five Nigerian startups to be part of cohort 8 of Google for Startups Accelerator. This year’s cohort consists of 10 tech startups from Nigeria, Kenya, Rwanda, and South Africa, all using AI to solve significant challenges across various sectors, including fintech, climate, health, and other services. Emerging from competitive applications opened to all African startups in April this year, Nigeria dominates this cohort accounting for 50% of the 10 slots. CDIAL AI is a startup that is transforming multilingual communication across Africa with the power of artificial and collective intelligence; Earthbound, which is lighting up homes and businesses across Africa with affordable, reliable energy solutions, bolstered by carbon accounting and development finance; MyAIFactchecker, which equips users with an AI-powered tool to combat misinformation and promote informed decision-making through fact-checking; NextCounsel, a Nigerian startup that is supercharging lawyer productivity with an AI-powered tool for contract management, solicitor engagement, and compliance; Rana Energy provides clean, reliable energy solutions to SMEs and communities through a data-driven ecosystem.

Why EdTech Startups in Africa Must Prioritize Infrastructure First to Survive In the rapidly evolving world of EdTech, especially in Africa, there's often a rush to create flashy applications and scalable services. But the truth is, without a solid infrastructure in place, those innovations are doomed to face scalability challenges, operational inefficiencies, and disconnected user bases. Startups that survive and thrive in Africa are the ones that first focus on building the foundation—the infrastructure that empowers education ecosystems to function seamlessly and scale effectively. This involves creating digital pathways that connect educators, students, and institutions while ensuring reliable access to resources. Without this groundwork, innovation is fragile and unsustainable. Building CampusReach, we’ve recognized this reality. We’ve set out to build the communication infrastructure that links campus communities together and extends beyond the institutions. Our mission is to bridge the gap between businesses, students, and the broader community by creating a digital ecosystem where everyone can grow together. Through CampusReach, we are providing the tools that empower institutions to communicate efficiently and offer businesses direct access to campus markets, ensuring sustainable growth for all involved. It’s time to rethink the EdTech landscape in Africa. Infrastructure isn't just a nice-to-have—it's the foundation for lasting impact. #EdTech #Africa #Startups #CampusReach #Infrastructure #CampusGrowth #BusinessDevelopment #EducationInnovation

Google For Startups Accelerator Africa Announces 8th Cohort Focused on AI Solutions Google for Startups Accelerator Africa has announced its 8th cohort, featuring 10 innovative startups from Kenya, Nigeria, Rwanda, and South Africa. These companies are leveraging artificial intelligence to address key challenges in sectors such as healthcare, cargo mobility, and energy solutions. The African tech ecosystem continues to thrive, characterized by a dynamic group of startups tackling local and global issues with ingenuity and perseverance. This wave of tech-savvy entrepreneurs is not only fostering economic growth but also shaping a brighter future for the continent. Read more👇 #googleforstartups #africantechecosystem

Arewa Tech Fest is proud to announce the launch of the Arewa Tech Fund, a $50 million fund aimed at fostering innovation and human capital development in Northern Nigeria. This landmark initiative is spearheaded by former Kaduna State Governor, Mallam Nasir El-Rufai CON, who currently serves as the Chairman of Afri Venture Capital. The Arewa Tech Fund will focus on financing tech-driven solutions, startups, and ventures in Northern Nigeria, with the primary goal of driving economic growth, creating jobs, and developing a robust digital ecosystem in the region. By providing critical capital and resources, the fund will empower young innovators, tech entrepreneurs, and SMEs to thrive in an increasingly digital economy. “The Arewa Tech Fund represents a significant step towards harnessing the potential of our youth and fostering a culture of innovation that will not only benefit Northern Nigeria but also have a far-reaching impact across the nation,” said Mallam Nasir El-Rufai. “We are committed to investing in solutions that drive sustainable growth, and this fund will play a vital role in building the next generation of tech leaders and innovators.” The Arewa Tech Fund will also prioritize initiatives in education, healthcare, agriculture, and other key sectors, ensuring that technological advancement directly contributes to improving the quality of life in Northern Nigeria. The fund will be officially launched during the Arewa Tech Fest, scheduled for September 25th-26th, 2024, in Kano. This bold initiative aligns with the festival's theme of "Empowering Innovation for Economic Growth" and underscores the importance of partnerships between the private sector, government, and tech ecosystems to accelerate development in the region. #ArewaTechFund