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There’s a new South African incubator on the block and its name is Springlab, and its goal is to “foster entrepreneurship in sub-Saharan Africa” by building highly scalable ventures.
Founded by ex-Rocket Internet’s Eugen Peterson (co-founder of Zando) and Sheraan Amod (co-founder of Personera), with the help from strategic advisor Randolf Jorberg, SpringLab claims some unique features to separate itself from the incubator pack.
First off, Springlab co-founds every single venture it invests in — taking them right from, as Petersen tells Ventureburn, “the birth to baby steps, until it can run”.
Read more on Ventureburn.