Gricd has emerged the winner of the 2019 GreenHouse Lab (GHL) Demo Day following a pitch competition held at the Cedar Hive & Co-working Space, Ikoyi.
Gricd which pitched alongside 10 other startups, builds Internet of Things (IoT) enabled smart active cooling devices that store and transport temperature-sensitive vaccines and pharmaceutical drugs.
The healthtech startup was selected by a panel comprising of leaders and trailblazers in Africa’s tech and venture capital ecosystem: Akwugo Onuekwusi of Verod Capital; Adia Sowho of Migo; Michelle Patrick-Akinrinade of Rising Tide Africa and Chapel Hill; and Opeoluwa Kumuyi of Africa of Fintech Foundry and Access Bank.
Following judges’ deliberations, Gricd was announced the winner of the competition. In addition to the judges’ prize, an Audience’ Choice online poll was also conducted, for which Gricd was also selected as the winner.
GreenHouse Capital’s second Founding Partner, Kunmi Demuren, closed the Demo Day, stating, “The fact that Gricd emerged the winner of the pitching competition, as well as the Audience’ Choice voting competition, demonstrates the transformative potential of the startup not only to generate returns for investors but to also touch lives across Africa. 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”.
The Demo Day was the climax of GreenHouse Lab, a two-month-long accelerator programme run by early-stage venture capital firm, GreenHouse Capital.
