Gricd has been named the winner of GreenHouse Capital immersive female-focused Tech Accelerator program run by GreenHouse Lab.
Gricd which builds Internet of Things-enabled (IoT) smart active cooling devices (a flagship product called the Frij) to store and transport temperature-sensitive vaccines and pharmaceutical drugs.
The Nigerian healthtech startup beat 9 others to win a cash prize of N1 million and a unique opportunity to receive investment from GreenHouse Capital at the GreenHouse Lab demo day.
We officially congratulate @TheGricd, 2019 GHL Demo Day winner!
Their patented solution, Gricd Frij, a cold chain box, maintains the viability of agricultural and temperature sensitive vaccines during transportation to rural areas! Congratulations!!! #GHLDemoDay pic.twitter.com/MaOaIVMSMp— GreenHouse Capital (@GreenHouseCap_) December 6, 2019
“The fact that Gricd emerged the winner of the pitching competition as well as the Audience’s Choice voting competition demonstrates the transformative potential of the startup not only to generate returns for investors but to also touch lives across Africa,” said GreenHouse Capital founding partner Kunmi Demuren.
“We congratulate Gricd as well as the other nine startups that participated in this year’s GHL cohort and we enjoin everyone to look out for more exciting news from GreenHouse Capital as we go into 2020.”