Food delivery startup Tupuca has been named winner of the Angolan leg of the global Seedstars World competition, earning the chance to pitch for up to US$1 million in equity investment at the global final in Switzerland next April.
The Angolan leg of the competition took place in Luanda on Friday, October 13, with eight startups pitching. The overall winner was Tupuca, an online food delivery platform serving 20,000 customers.
The startup will now represent Angola at the Seedstars regional summit in Mozambique in December, as well as the global final in Switzerland next year.
“Tupuca has been officially introduced to the world. We believe that we have unlocked new opportunities by winning Seedstar Luanda 2017. We can’t wait to see what Mozambique and the rest of the world has to offer,” said Erickson Mvezi, co-founder of Tupuca.
“Tupuca competed in last year’s edition as well but weren’t strong enough at that time to win. We are extremely proud of the progress they have made since then, and for them to come back with so much traction this edition does not only show courage, but also determination and persistence. Tupuca is the deserved winner for this year’s edition,” said Claudia Makadristo, regional manager for Africa at Seedstars World.
The first runner up was Na Via, a startup that tries to revolutionise the way low income people access advertising campaigns, while crowdfunding platform Deya took third place.