On April 12th, 2018, the 5th Seedstars Summit, around the theme “The year of 5”, will be held in Lausanne. This is the perfect occasion to reflect on the previous winners’ journey, but also on Seedstars’.
2014: A perfect start for Flitto’s integrated translation
Seedstars ’ main goal has always been to improve capacities of startups and entrepreneurs from emerging markets all over the world. The first winner of the Seedstars World competition, Simon Lee Flitto from Korea, is the perfect example. He founded Flitto to build a world where everybody would be able to understand every language. By creating an integrated crowdsourced translation platform that rocked the Summit in 2014 he made one of his biggest dreams come true.
How does Flitto work? Forget the automatic (and more or less precise) translation services currently offered – here, some real human beings take care of your request. You send your text, picture or even sound to Flitto and millions of users get notified.The community will then propose different translations amongst which the user will be able to choose the one he/she prefers. As an incentive, the selected translator will receive points to use on the online shop , donate or even convert into real money. Today’s numbers are impressive: 7+ million users on the platform and more than 360,000 translations done.
2015: Salarium and two new prizes for OkHi and Green Energy
After the success of the first edition of the Seedstars Summit, two prizes were added to the Global prize: the Public and the Innovation prizes. The Global prize was granted to Salarium, a Philippines-based startup founded by Judah Z Hirsch, that aims at providing human resources services built specifically for the country. Their services include timekeeping and payroll in various and adapted ways. Today, more than 500 companies use their services.
The Public prize was awarded to OkHi, founded in Kenya by Timbo. This startup relies on the sad fact that more than 50% of human beings have no address. This can have disastrous consequences (e.g. if they need an ambulance). OkHi’s main aim is to provide a virtual address, simply by using maps and pictures. Today, they are also using their technology to provide services for delivery companies.
Finally, the Innovation prize was granted to Green Energy, founded by Mathias Dafur from Nigeria. The startup is an integrated investment vehicle, active in oil and gas.
2016: Giraffe, Slidebean and Eora 3D, three winners from three different continents + launch of Best Woman Entrepreneurship Prize
The 2016 Global prize was awarded to Giraffe, a south-african company, founded by Shafin Anwarsha, that promises to decrease cost and delay of recruitment by ten. How does it work? First, the employer chooses the skills he is looking for. Then, Giraffe will automatically select 7 applicants compatible with the demands of the client and arranges interviews. Today, well-known companies like Uber or Pizza Hut are using their service.
The Public prize was awarded to Slidebean, a startup from Costa Rica founded by Caya. Slidebean allows you to save time when preparing your presentation by providing automatic templates. More than 250,000 users created 4M+ slides using their services.
Eora 3D and its founder Rahul Koduri from Australia won the Innovation prize. Their product is a 3D high-precision scanning for objects and surfaces that is connected to a smartphone. In January 2016, the company raised more than 1,140,067 USD using crowdfunding.
2016 was the year witnessed the launch of The Best Woman Entrepreneurship Prize that was awarded to Omni Up, a Moroccan startup providing Internet solutions for hotels and airports.
2017: Last year was for Acudeen Technologies, Mind Rockets and PiQuant + 2 new Prizes: Fintech Prize + Tech Education Prize
The Global prize was granted to Acudeen Technologies. This company, founded by Mario Jordan Fetalino III in the Philippines, helps SMEs to finance their receivables.
The Public prize was awarded to Mind Rockets and its founder, Malek Zuaiter from Jordan. It’s an assistive technology for the deaf that consists in a mobile app that translates text or speech to sign language instantly. For now,the application is available for American and Arabic sign languages only, but the company is looking to expand their technology all over the world.
Last but not least, PiQuant won the Innovation prize with their liquid scanner that detects harmful chemicals. This start-up, founded by Doyeon Pi in South Korea, exploits the growing concern about food safety. Today, they adapted their product to detect other toxins by using a mobile app.
In four years, many startups from all over the world have won different prizes during the Seedstars Summit. What can we expect for the 2018 edition?
Author: Alissone Mendes
Last modified: 10 June 2018