We've mentioned online furniture sales outfit 5rooms previously. It's part of German startup incubator Rocket Internet's stable of South African ecommerce sites, but it hasn't had the same kind of exposure as the likes of shoe and fashion outlet Zando. That all looks set to change.Memeburn got its hands on site's pitch book, which claims that the company was "established to become the market leader among South African furniture retailers".It claims that its position within the Rocket Internet network, which ...
This has the potential to be cool. Very cool. It's a boat that will eventually float 12 miles (19.3km) off the coast of California and it's attracting attention from startups around the world.The boat, which bills itself as a floating island, is the brainchild of a company called Blueseed. The fact that it's in international waters means that people can have close access to funding from Silicon Valley VCs without a US work visa.According to a report released by Blueseed, ...
There are a good few people who think that the next big thing in tech could come from Latin America. It makes sense that foreign companies would want to invest there too. The latest to do so is Ad Dynamo, an online and mobile advertising marketplace with a global presence.The company today officially announced its entry into the Brazilian market, with CEO Sean Riley saying the country represents "an enormous growth market in both online and mobile advertising".Ad ...
Umbono Alpha Beta is a Google event at which you can have as much free beer and pizza as you want, as long as you love startups.Memeburn was invited to watch as six startups -- three teams at the end of their six month Umbono program (last year's winners) and three who are just beginning -- presented their products and businesses to a packed (and we do mean packed) room.Umbono launched last year as a trial startup incubation project exclusive to ...