Norway-based accelerator invests in 3 Kenyan startups

Pangea will now start the follow up program where all startups get access to the Pangea advisory board within marketing, strategy, business planning, investor introductions and much more.

  • Pangea, a platform connecting African startups with international investment and expertise, has invested in 3 Kenyan startups.
  • Biasharabot, Onesha and Tozzaplus were declared Pangea investees last Wednesday night at the Pangea Demo Day.

Biasharabot, (a social media management system and customer service chatbot), Onesha  (a digital marketplace for with over 700 creatives) and Tozzaplus (a cloud-based accounting & payroll system) were declared Pangea investees last Wednesday night at the Pangea Demo Day, capping a 3 month journey of capacity-building for the startups.

“It has been an inspiring journey for us. We could never have imagined the vibrance, dynamism and sheer guts that these startups have.”  Chief Investment Officer, Chisom Udeze, stated.

Pangea’s investor network of 31 Scandinavia-based investors, drawn from Accenture, KPMG, Procter & Gamble among others, mentored Pangea’s 11 finalists for 1.5 months before handpicking their investment cases.

“The Pangea experience couldn’t have ended better. Onesha comes out more energized, refreshed and ready to face the exciting journey ahead, equipped with insights from the program.” Onesha CEO, Bernard Momanyi Nyagaka said.

Pangea has been running an acceleration program, in partnership with Liquid Telecom, @iBizAfrica and BDO, among other partners, for over 40 startups aimed at providing milestone-based capacity-building for 12 weeks.

The collaboration with Strathmore’s @iBizAfrica has seen startups benefit from business and innovation experts drawn from different business and innovation scenes. Through Liquid Telecom the startups have had access to technical expertise and mentorship from tech giants, such as Liquid Telecom’s CTO, Ben Roberts.

Building on the investment, Pangea has introduced a 12 month follow-up mentorship program for several of the program’s participants.

“This is just the beginning of the journey for us. We’re working on creating other opportunities for the startups we haven’t invested in.” said Pangea’s CEO, Jonas Tesfu.

Pangea will now start the follow up program where all startups get access to the Pangea advisory board within marketing, strategy, business planning, investor introductions and much more.

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