Google has announced the graduation of the inaugural cohort of 15 promising South African businesses from its Startups Accelerator: South Africa programme, marking a fresh injection of support into the country’s increasingly growing technology ecosystem. The initiative, launched in November 2024, provided the selected startups with a rigorous three-month mentorship programme aimed at equipping founders with crucial skills and resources to scale their ventures.
The backing from the technology giant extends beyond guidance, encompassing valuable Google Cloud Platform credits for application development and, significantly, non-dilutive funding. While the exact amounts of funding vary on a case-by-case basis, Google has indicated that the level of financial support is tailored to each start-up’s specific needs and is also influenced by their success in attracting external investment during the programme.
“This programme is one of our many efforts to support startups globally, but in this instance, across Africa, and specifically South Africa,” stated Folarin Aiyegbusi, head of the startup ecosystem for Africa at Google. “We’re connecting these start-ups with all the best of Google in terms of our people, methodologies and advanced technologies. We do this to help them grow and scale, and to help them solve the community challenges they face in their respective markets.”
While this marks the first dedicated cohort for South Africa, Google has been actively involved in nurturing African tech talent through a broader accelerator programme since 2018. According to Mr Aiyegbusi, this wider initiative has seen over 1,100 start-ups participate globally, with an impressive 95 per cent remaining operational. Notably, the global programme boasts a strong track record, with 19 alumni achieving “unicorn” status, signifying valuations exceeding US$1-billion, and one reaching the coveted “decacorn” milestone with a valuation of over $10-billion.
The 15 South African start-ups represent a diverse range of sectors, highlighting the breadth of innovation within the local tech scene. The graduating companies, along with key metrics, are detailed below:
Company | Industry | Funding to Date | Monthly Recurring Revenue | Active Users (Past Year) | Number of Employees |
---|---|---|---|---|---|
AssetShare | Construction | $5,000 | $1,000 | 30 | Less than 5 |
Aveade | E-commerce | Undisclosed | $7,000 | 34 | 7 |
Botlhale AI Solutions | Linguistics | $550,000 | $6,000 | 13 | 12 |
Breaze Delivery | E-commerce | $390,000 | $40,000 | 100 | 9 |
Cure Root | Biotechnology | $500,000 | Undisclosed | 10 | Less than 5 |
Delivery ka Speed | E-commerce | $500,000 | $50,000 | 15 | 150 |
Fixxr | E-commerce | $800,000 | $13,000 | 1,300 | 5 |
Jobox | Ed-tech | $280,000 | $10,000 | 30,000 | 14 |
Mapha Logistics | E-commerce | $194,000 | $2,500 | 240 | 13 |
Simple Influence | Ad-tech | $15,500 | $1,100 | 12,000 | Less than 5 |
Swagshack | E-commerce | $80,000 | $115 | 32 | 5 |
Vuleka | E-commerce | $494,000 | $13,000 | 1,300 | 13 |
Welo Health | Health-tech | $700,000 | $35,000 | 7 | 7 |
Wisi-Oi | Fashion | $5,000 | $860 | 700 | Less than 5 |
Zoie Health | Health-tech | $605,000 | $144,100 | 14,500 | 12 |
The data reveals a strong representation from the e-commerce sector, with seven of the 15 startups operating in this space. Health-tech and logistics also feature prominently, indicating areas of significant entrepreneurial activity within South Africa.
Google highlighted that participants in the programme span a diverse range of industries, including construction, biotechnology, education, fashion, and linguistics, showcasing the multifaceted nature of the South African start-up landscape. All the selected companies are positioned between the seed and series-A funding stages, suggesting they are past the initial conceptual phase and are actively seeking to scale their operations.
The success of the South Africa-specific cohort builds upon the foundation laid by the broader Google for Startups Accelerator Africa programme. Notable South African startups that have previously benefited from Google ‘s pan-African initiative include Voice AI, Akiba Digital, and Pineapple Insurance, demonstrating the potential for local start-ups to achieve significant growth with the right support.
As South Africa continues to foster its technology ecosystem, initiatives like Google’s accelerator programme play a crucial role in providing vital resources, mentorship, and funding to promising ventures. The graduation of this first cohort signals a positive step towards unlocking further innovation and economic growth within the country.