Mubasher: Kuwait’s Savour Ventures has concluded the Fall 2018 Cohort of startups participating in its accelerator programme, according to a recent press release.
“Upon completion of the program, founders participated in an intensive “Deep Dive”. The week included extensive one on one mentoring, a demo day to reach the broader community, and an investor forum to engage directly with investors. Deep Dive occurred from November 26 to 28 at the newly opened Kuwait Economic Society in Bneid Al Gar,” Savour Ventures said in the statement.
On the first day of Deep Dive, startup founders had the ability to meet on a one on one basis with mentors to answer final questions and provide practical guidance.
The second day was Demo Day, titled “Tasting Tomorrow: Artificial Intelligence and Food” being catered to an audience of Kuwaiti startup ecosystem players, food industry leaders, and interested foodies.
“The startups then presented their businesses to display their innovations and products, followed by a panel discussion moderated by our Founder, Rashid Sultan. The theme of the panel was the future of artificial intelligence is reshaping the food landscape as we know it, fueled by tools that continue to offer limitless options and painless convenience,” the press release added.
All four startups are already integrating artificial intelligence “AI” into their platforms by using this technology to share a wide range of data quantities, optimise inventory and delivery, handle customer interactions, drive recommendations, in addition to many more.
The Investor Forum was the last day of the event and it allowed startups to pitch and directly engage with investors for the opportunity to secure funding as multiple investors participated, providing their exclusive insight to all of Savour’s startups.
The Fall 2018 Cohort included seven startups out of 220 applications received from 25 countries.
The startups are Organic Press, EATreal, Friendture, mix&muesli, L’Atelier du Miel, AklaBaity and the Egypt-based V-Licious.
