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2 Lebanese Startups Win at GITEX 2017

ArabNet Team, Oct 11 2017

Sponsored by IDAL, Speed@BDD gathered 13 Lebanese-founded startups and organized a delegation to GITEX Future Stars 2017. The startups submitted their applications to pitch and compete for prizes worth a total of $180K.

The competition winners were chosen by 5 jury members consisting of managers from Astrolabs, Techstars, and Expo2020. More than 200 startups applied to the competition, 50 pitched at the semi-finals, and only 17 made it to the finals.

Lebanese startups and Speed@BDD alumni Modeo and Cherpa won 2 out of the 6 prizes. Modeo walked away with the most disruptive startup idea and $15K in cash whereas Cherpa won the best youth startup and $15K in cash as well. Fig, another Speed@BDD startup, also made it to the semi-finals and received an investor meeting opportunity during Wamda's activity at GITEX.

The 13 startups included:

CashFlip: the Trivago of currency exchange, getting users offers from exchange shops in the same city.

SmartPill: a portable medication management device that monitors pill intake via an application (both web/mobile app).

Myki: an identity management solution that eliminates the need for usernames and passwords.

Modeo: a new modular do-it-yourself furniture solution based on a mobile application enabling everyone to customize, visualize, and order interlocking modular parts that are very easy to assemble.

Cherpa: an online platform that teaches robotics and electronics to youth in a fun and interactive way. From building and coding projects to interacting with virtual missions, Cherpa is introducing a new dimension that reshapes the world of robotics.

Fig: a startup working on creating chatbots that integrate seamlessly into a user's life by understanding the user and learning his/her habits.

LightSense: an RGB Led light pimped up with a whole lot of gizmos. It replaces 80% of your current environment Automation devices and controls the rest.

Moodfitan online interior design platform that connects people who want to furnish their houses with professional interior designers.

Mealr: a meal-centric app that curates, suggests & delivers the best meals in town depending on user's location & behavior, powered by a recommendation engine & AI.

Lexium: an online platform for legal answers and services. It connects legal professionals to users. It acts as a marketplace in legal offering premium accounts to legal professionals offering their services on the platform.

Handiss: a platform where you can find engineers, architects, drafters, and other professionals in the field from all specialties, hire them as independent freelancers, and work with them directly.

HelloStylists: an online platform that allows users to browse hundreds of hairstylists profiles and salons in the UAE, check out their portfolios, and find the hair professional that is right for them. 

Sarwa: the first hybrid automated investment management platform for young professionals in the Middle-East. Sarwa's platform makes investing easy and affordable, by combining proven investment strategies with technology that drives down costs.

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