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Orbit Startups, a new program from venture firm SOSV, has named the 10 startups chosen for its inaugural cohort. The startups have each received initial funding of about US$150,000 together with an intensive program that supports their growth across emerging and frontier markets.
Orbit encapsulates SOSV’s established MOX and Chinaccelerator programs and reflects those programs’ shift in recent years to the geographies of Southeast and South Asia, the Middle East, Africa and Latin America. The startups from this cohort hail from India, Pakistan, Nigeria, and Singapore; operating in fintech, media, edtech, GameFi and other blockchain applications.
“We are eager to scale breakthrough startups from around the world across emerging and frontier markets, where there are more inefficiencies, fewer legacy industries, and the most opportunities for aggressive growth,” said William Bao Bean, General Partner at SOSV, Managing Director of Orbit Startups.
“Orbit selects tech players that can impact millions of lives at once—startups that are solving monumental
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problems in healthcare, education, finance, media and logistics; and startups that are future-proofing the local economy through digitalization,” said Bean.
Here are the 10 startups that will pitch to an invite-only audience at AstroLabs Academy Campus, hosted by our community partner AstroLabs, MENA’s leading technology ecosystem builder:
It is important to note that many of the chosen startups are blockchain-related, which shows that the space is evolving and won't be slowing down anytime soon. In fact, startups like Asobu App, iWebTechno, Morfyus League, Verismart have been on the rise, and more similar one will be seeing the light of day in the near future.
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