LabEight* Africa Unveils Inaugural Virtual Cohort


Toronto, ON, Canada – July 7th 2020 – LabEight* Africa is unveiling its inaugural cohort for their LaunchPad Accelerator program. The program will run from September 2020 to December 2020, and is designed to enable founders to graduate with robust, scalable, and fundable ventures. The three-month program is targeted at early stage startups to help them develop products with joint effort.


The program, which is being held virtually due to the Covid-19 pandemic, will see several strategic industry partners involved and will work closely with 5 participants to provide “unrivalled” access to tech specialists, financial experts and advisors from varied backgrounds.


The participating startups come from diverse backgrounds, including AgriTech, CleanTech, EdTech, FinTech and a Female Focussed Social Impact company, which all highlights and represents the ongoing industry shift. 


Participants will also be supported by a range of delivery partners and associates throughout the 12-week long program, with each startup receiving investor readiness skills and training as well as support from experienced mentors.


Meet the 2020 LabEight* Accelerator Cohort – Companies taking part in this year’s cohort include:

  • A-Trader
  • Benny & Freddy
  • OneFarm
  • Quizac 
  • Scrapays 

Joining the cohort, are startups with disruptive ideas, an AgriTech startup offering an operator-led platform that promotes financial inclusion, a CleanTech startup, promoting sustainability by fusing finance and technology to facilitate the recovery of recyclable waste an EdTech startup building a fully gamified learning platform that leverages behavioral technology, for cognitive enhancement, a FinTech startup developing an AI-powered Platform Digitizing Investments for Africa’s Middle Class and a Female-Focused Social Impact startup creating eco-friendly sanitary products.


2020 has been a disruptive year for everyone. At LabEight* Africa we have embraced the disruption and pivoted our offering to a virtual one to ensure we provide world class support to these exciting startups.


The disruptive and exciting technologies offered by these upcoming startups are key to our success as an industry. Especially in the midst of a global pandemic and one of the world’s worst economic downturns, our LabEight* Africa pioneers represent a light at the end of the tunnel.


All 5 companies in this year’s cohort have high growth potential and are ready to take on the industry challenges they have been selected to solve.


Founders in the current program will be part of a structured, individualised hands-on curriculum. They will receive hyper-personalised support and will be mentored by dedicated advisors. Also, they will have the opportunity to network with industry insiders; which is essential to a startup’s success. Additionally, each founder will have opportunities to participate in regular brainstorming sessions, workshops, and peer pitching sessions to foster peer learning and engagement with other founders in the cohort.


Following their graduation from the programme, each business will have access to scale-up and support through our network, as well as stand the chance to receive investments from our Fuel Fund.


For more information, to arrange an interview and for additional imagery and assets:
LabEight* Media Team