Cloudline, a South African startup that brings sustainable logistics access to remote communities, has been named among the 10 winners of the 2019 MassChallenge Israel startup competition.
Cloudline alongside 9 other winning companies will now go on to participate in the MassChallenge Israel US Roadshow, a curated business trip in Boston and New York. The trip will take place from September 9 to 13. During the Roadshow, the startups will compete for an additional $140,000.00 (500,000 NIS) in cash prizes.
Cloudline reaches 1 billion people that lack access to paved roads and runways with autonomous airships that carry essential goods.
More than 300 leaders of the international entrepreneurial community attended the event. In addition to the winners, some 44 startups from Colombia, South Africa, the United Kingdom, India, and Israel that participated in the 2019 accelerator program were also present.
“The audacity to believe you can change the world and the persistence to go out and do it is what sets MassChallenge startups apart,” said Yonit Golub Serkin, managing director of MassChallenge Israel. “The 2019 cohort hails from nearly every continent of the globe and is ready to impact the lives of millions going forward. It’s an honour for us to be part of their journey.”
MassChallenge is a global network of zero-equity startup accelerators, supporting high-potential startups across all industries, from anywhere in the world. Since 2016, 155 alumni companies of MassChallenge Israel have raised over $180 million and created over 7,000 direct and indirect jobs globally.
Cloudline was founded by Spencer Horne in 2017 and uses autonomous airships as a new mode of unmanned-aerial-vehicle (UAVs)
- How to Manage Employee Hours Without the Hassle - 12/14/2024
- New Report Reveals Potential of Harnessing AI Innovations To Create a Thriving Labour Market for Africa’s Youth - 12/05/2024
- New Report Calls For Inflation-adjusted Compensation and Improved Training Support to Retain Talent in Nigeria’s Finance Sector - 12/03/2024