On the 5th of December, Innoventures hosted “Startup Nova - Entrepreneurship Explosion” at the prestigious Hilton Ramses, as the final phase of its Startup Reactor program’s fourth cycle.
A total of 15,000 Euro on cash prizes was given to four promising startups by VC4A, the program’s partner and main sponsor.
First place cash prize of 8,000 Euro went to Happiana, a startup that specialises in creating adaptable charging solutions that can charge any device, anywhere at anytime - with a goal of erasing the words “Battery Low” from existence.
Bioniclimbs - a research and development based company for developing prosthetic limbs with a focus on high functionality, fast production and customization - snagged the second place prize of 4,000 Euro.
Third place winner, Agrona - a startup that offers new technology in chipboard manufacturing that is distinguished by its low price and wide range of applications in industrial and furniture usages - went home with 2,000 Euro.
Imaginators (the crowd's favourite) came in fourth, winning the popular vote prize. Imaginators is an online platform that helps people create interactive, customisable, presentations just by dragging & dropping components, using a range of built-in tools. They secured a 1,000 Euro cash prize.
At this event, the following 10 ten startups - originally chosen from around 200 applicants, comprised of various industries such as Healthcare, Technology & Manufacturing, Education & Training, Energy, Software, Electronic Waste Management, Social Networking & Matchmaking, and Hardware & Recycling - pitched for a place at the final top 4:
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, smart homes, 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 videos prepared 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.