Several conversations between startups and investors were initiated and will continue after the event.īrayfoil Technologies won a R20,000 cash prize from FNB, a year’s business membership with the Africa Scotland Business Network (ASBN) and a half-day ASBN branding and marketing workshop.Ī further two awards will be awarded by Sasol and the JSE after both companies have reviewed the finalists. International investors holding collective assets of $100bn were invited to attend the pitch session. The initiative aims to directly support South African business in accessing international finance for project development. The Energy Investment Village is a joint venture between Saldanha Bay Innovation Campus, the Research Institution for Innovation and Sustainability (RIIS), and the GEA Summit. The Energy Investment Village event saw 10 clean-energy startups pitch their business ideas to an audience of potential investors, delegates and judges from supporting partners at the summit. ![]() ![]() ![]() The company’s technology has applications in the wind energy, aerospace, sailing and automotive sectors.įollowing the win, the Brayfoil team hosted several meetings with potential investors on the sidelines of the GEA Summit. Left: Shailin Moodley, co-founder | Right: Mathew Bray, co-founder | image suppliedīrayfoil is a company designing turbine blades that change shape to reduce loads, enabling larger devices.
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