Uganda’s Kyuka Ventures, a tech-enabled startup that uses a chemical-free and energy-conserving technology to transform plastic waste into fuel and gas has been shortlisted to participate in TechCrunch’s 2023 Startup Battlefield 200, a world’s preeminent startup competition held at TechCrunch Disrupt in San Francisco, USA. This year’s event will be held from Sep. 19 – 21.
The Startup Battlefield 200 will have [the 200] companies selected from around the world pitch on the Pitch Showcase Stage where only the final 20 startups will be selected to pitch on the Disrupt Stage for six (6) minutes with a live Q&A in front of tier-1 venture capitalists (VCs). The winner will receive USD$100,000 (approx. UGX372.5 million) in equity-free prize money and the famous Disrupt Cup.
Founded by Jamal Sonko, Kyuka Ventures will be competing with 199 other startups from around the world for a spot in the final 20 and possibly win the USD$100,000 (approx. UGX372.5 million) equity-free prize money and the famous Disrupt Cup.
Jamal Sonko told PC Tech Magazine the Startup Battlefield 200 will truly herald the arrival of a new era in technology leaving Kyuka Ventures eager for what the future holds.
He added, “Attending the TechCrunch Startup Battlefield 200 aligns with my career plans as it offers an invaluable opportunity to stay updated on cutting-edge technologies, network & connect with industry experts, and gain inspiration from innovative startups from around the world.”
Sonko remarked that TechCrunch’s preeminent startup competition can shape and enhance his professional journey in the tech industry.
According to their About Page, Kyuka Ventures has pioneered Soot-free extraction technology to handle waste plastic and plastic recycling. Their patent-pending technology transforms 92% of unsorted, unwashed waste plastic currently diverted and destined for local landfills into ultra-clean, and ultra-low sulfur fuel. Kyuka Ventures states that the process [of performing the transformation] is economically viable, providing immediate economic benefit for industries, communities, and government organizations with waste plastic recycling challenges.
Kyuka Ventures aims to create economic value on plastic at the points of generation to enable households and companies to sort and sell plastics in order to earn income.
In today’s evolving landscape, where pushing boundaries and fostering innovation are crucial, for advancement platforms that support and highlight emerging startups play a vital role. One event that truly shines is the TechCrunch Startup Battlefield. It serves as a chance for driven entrepreneurs to showcase their concepts on the global stage.
The TechCrunch Startup Battlefield holds a position, within the tech startup ecosystem serving as a catalyst for innovation that has influenced a lot of companies. Its influence, in fostering ideas creating connections between startups and investors, and offering a platform, for recognition is unparalleled. As long as there exist entrepreneurs with game-changing ideas the Startup Battlefield will persist as an influential driving factor, in shaping the future of technology.