Congratulations to the Semifinalists of the Milken-Motsepe Prize in FinTech!
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NOVFEED
NovFeed, a biotech company based in Tanzania, was awarded the $1 million Grand Prize for its proprietary technology to upcycle organic waste into nutritious, sustainable and traceable plant-based protein ingredients and concentrated natural biofertilizer for the food system.
Team Leader: Otaigo Elisha
Karpolax
Karpolax, a Uganda-based company, was awarded Second Place for its nanotechnology solution that helps fruits and vegetables stay fresh longer without losing nutritional value.
Team Leader: Sandra Namboozo
IRRI-AfricaRice
IRRI-AfricaRice was awarded Third Place for its biotech innovation to help rice farmers protect their crops from flooding, one of the most damaging effects of climate change.
Team Leader: Venuprasad Ramaiah
Kuronga
Kuronga is a machine learning and machine vision mobile app, using AI to connect farmers with buyers.
Kuronga was determined by the judges to be the most creative use of Fourth Industrial Revolution (4IR) Technologies.
Team Leader: Tendai Chitapi
Cool Lion
COOL LION provides cooling-as-a-service solutions, powered by renewable energy.
COOL LION crowdsourced public support in online voting to become the People’s Choice.
Team Leader: Richard Seshie
The Milken-Motsepe Innovation Prize Program thanks all finalist teams for participating in the competition. Their information can still be found in the Investor Showcase here.
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