Raya Holding for Financial Investments has launched the third and final cycle of its flagship accelerator, FutureTECH, in collaboration with GIZ (Deutsche Gesellschaft fĂĽr Internationale Zusammenarbeit). This initiative is part of the DevelopPPP program by the German Federal Ministry for Economic Cooperation and Development (BMZ), aimed at promoting impactful partnerships between the private sector and development programs in emerging markets.
Empowering the Next Wave of Innovators
The FutureTECH accelerator supports high-potential startups working in areas aligned with Raya’s strategic focus. These include:
- Information Technology
- Fintech and Payments
- Smart Mobility and Logistics
- Clean and Renewable Energy
- Retail Innovation
- Customer Experience and Automation
This cycle began in March 2025 and has provided selected startups with tailored one-on-one mentorship from Raya’s executives, as well as strategic guidance from industry experts.
What’s in it for Startups?
The program is designed to help startups turn great ideas into real-world applications. Participating startups receive:
- Mentorship from Raya’s senior leadership
- Access to Raya’s corporate resources and business units
- Proof-of-concept opportunities with enterprise partners
- Business development support and scaling strategies
The finale of the cycle will be a high-stakes pitching night, where 10 startups will present their solutions to a jury of decision-makers from Raya and GIZ. Top-performing startups will gain continued support, funding, and exposure.
What Happens After the Pitch?
The top five startups will join an Investment Readiness Program, a hands-on experience designed to prepare them for funding and growth. This includes:
- âś… Group workshops and expert-led financial coaching
- âś… One-on-one sessions on valuation and fundraising strategy
- âś… Introductions to investors, customers, and partners
Meet the Finalist Startups
Here’s a look at the diverse and innovative startups in this cycle:
- For Wheelz – A mobility-tech company offering vehicle diagnostics and InsurTech to make mobility safer and cheaper.
- Tayara – Providing EV-Fleet-as-a-Service with electric bikes optimized for delivery fleets.
- Nanovate – AI-driven voice and chat agents that automate sales and support for businesses.
- Mezatech – A full-service platform for device repair, recycling, and resale.
- Card-Y – Simplifies cross-border virtual payments for individuals and businesses across Africa.
- EVRaid – Builds AI-powered electric vehicle powertrains using local manufacturing.
- Oaaps – A digital logistics solution streamlining customs and trade processes.
- WinFi – A smart Wi-Fi platform delivering customer insights to help businesses grow.
- TGS – An agri-tech startup developing sustainable, year-round food production systems.
- Meyahh – A procurement and supply chain platform for water treatment solutions.
Building the Future of Innovation
With this final round, Raya FutureTECH reaffirms its commitment to shaping the future of tech and innovation in emerging markets. By combining industry mentorship, access to capital, and powerful partnerships, the accelerator provides startups with the tools they need to scale with impact.
