Nigerian Solar Powered Startup, ColdHubs Selected as the Only African Startup to Participate in FoodBytes! 2020 Pitch

Nigerian Solar Powered Startup, ColdHubs Selected as the Only African Startup to Participate in FoodBytes! 2020 Pitch

ColdHubs, a Nigerian startup that provides solar-powered cold storage, has been selected as the only African startup to participate in the virtual 2020 FoodBytes! Pitch. This was announced by Rabobank, a Dutch multinational banking and monetary firm which introduced the 45 startups that would take part in FoodBytes! Pitch 2020.

Founded by Rabobank in 2015, FoodBytes! Pitch is part of the redesigned FoodBytes! innovation platform, which contributes solutions to food system challenges through collaboration between startups, large companies, and investors.

Coldhubs was founded by Nnaemeka Ikegwuonu in 2015. The startup is focused on social impact, reducing food waste as well as increasing income for farmers. Coldhubs operates as a “plug and play” modular, solar-powered walk-in cold room, for 24/7 off-grid storage and preservation of perishable foods. The startup adequately addresses the problem of post- harvest losses in fruits, vegetables and other perishable food. ColdHubs is installed in major food production and consumption centers.

The selected startups for the virtual FoodBytes! pitch are from 15 countries including the United States, Australia, Canada, United Kingdom, Argentina, Brazil, Chile, India, Israel, Nigeria, Norway, Peru, Singapore, South Korea and Switzerland. The selected startups are categorized into three sectors: consumer food and beverage (CPG), food tech, and agrictech. Each sector has 15 startups.

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Rabobank, in its announcement, said all the selected startups will participate in a two-week virtual mentorship program and one-on-one meeting with corporate leaders and investors. Thereafter, they will pitch their solution to Rabobank and 17 FoodBytes! Pitch corporate investor members.

Of the 45 startups, 15 finalists will be selected to participate in FoodBytes! live-streamed pitch competition on the 2^nd of December 2020. These finalists stand a chance to win $10,000 and consultative prizes in each of the three categories: consumer food and beverage (CPG), Food tech and agrictech.

Congratulations to ColdHubs and we wish them success in the competition