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Aurora Tech Award Announces Top 100 Female Founders

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Aurora Tech Award Announces Top 100 Female Founders
Business

Business

Aurora Tech Award Announces Top 100 Female Founders

2025-12-08 20:03 Last Updated At:12-10 17:11

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Dec 8, 2025--

The Aurora Tech Award, the only global award dedicated to supporting outstanding female tech founders from emerging markets, has unveiled its Top 100 Founders to watch for 2026. This year, a record 3,400 applications were submitted from 127 countries, reflecting unprecedented growth from last year’s 2,018 submissions across 116 nations.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251208582413/en/

The Top 100 highlights the global breadth of women-led innovation, with the highest number of applications coming from Nigeria, Kazakhstan, Kenya, Colombia, Egypt, Brazil, India, Chile, Pakistan, and Mexico.

Key Sector Trends

Healthtech remains the strongest sector across the Top 13 countries represented. This year’s cohort includes 23 health-focused startups, continuing last year’s trend when healthtech also led the field. Founders are tackling many aspects of this sector, including wellbeing, longevity, digital medical tools, productivity platforms, life sciences, sports tech and more. Across these sectors, women founders consistently gravitate toward solving real, tangible problems rooted in their local communities, which strongly shapes the types of innovations emerging from each region.

Along with healthtech, agritech and edtech remain highly relevant, reflecting ongoing global demand and innovation in these sectors. AI continues its rapid expansion across these solutions, paired with blockchain and IoT technologies. In addition, this year saw a rise in fintech representation with 19 fintech startups included in the Top 100. This increase is partly due to the introduction of a dedicated fintech track in partnership with inDrive.Money, which drew high-quality founders developing solutions in financial inclusion, digital payments, lending, and broader fintech innovation across emerging markets.

HR tech applications were dominated by founders from Latin America, followed by Africa and MENA, while agritech entries primarily from Africa and LATAM remain focused on B2B business models. Edtech has also retained its relevance, with 18 startups demonstrating some of the highest adoption of AI-driven tools.

Across regions like Kenya, Nigeria, and South Africa, agritech and foodtech startups stand out, highlighting both agricultural innovation and growing demand for energy solutions essential for the sector’s development.

Global Patterns and Founder Insights

Across all top countries, AI consistently shows up as a core enabling technology within the leading sectors, highlighting its role as a universal driver of innovation.

Two notable insights from this year’s applications:

Business model trends show a strong lean toward B2B, especially in Chile (84%), India (79%), and Peru (69%), reflecting market maturity and demand for enterprise solutions.

The award’s open call also provides insight into how much capital early-stage founders are seeking across emerging markets. Startups from India are pursuing the highest average investment, at roughly $1.25 million, followed by those in Kenya at around $840,000 and Colombia at approximately $620,000. Founders in Egypt seek close to $540,000, while those in Nigeria are looking for about $510,000 in funding.

Several other countries show more moderate capital needs, generally under $500,000 —including Mexico (about $500,000 ), Brazil and South Africa (both just under $480,000 ), Pakistan (around $460,000 ), Chile (nearly $400,000 ), and Kazakhstan (around $380,000 ).

The least capital-seeking applicants come from Peru and Morocco, where founders are looking for approximately $300,000–$340,000 to grow their ventures.

“From more than 3,400 applications, our Top 100 represent the top three percent—truly exceptional founders. They’re building commercially powerful, category-defining companies that solve real problems their communities and markets face. We’re thrilled they chose to apply and proud to spotlight their impact,” said Isabella Ghassemi-Smith, Head of the Aurora Tech Award.

VC & Investor Network Reach

Aurora’s venture network now spans four major regionsLATAM, MENA, Africa, and South Asia. Together, these regions represent roughly 70% of the world’s emerging-market innovation hubs, demonstrating both the global investor appetite for the new wave of female founders and Aurora’s growing ability to unlock downstream capital by aligning the right startups with the right investors.

The Aurora Tech Award empowers the most ambitious female founders in emerging markets with more than recognition. Winners receive up to US$50,000 in non-dilutive funding, tailored support and resources, and access to an industry-leading network of investors and experts. They also gain global visibility and media exposure, helping to amplify their business impact and scale solutions that shape the future.

Last year’s Aurora Tech Award ceremony in Cairo celebrated the achievements of exceptional female founders from emerging markets. The 2025 winners were Solape Akinpelu (HerVest, Nigeria) in first place, Loretxu Garcia Arraztoa (Nido Contech, Chile) in second, Shreya Prakash (FlexiBees, India) in third, and Laura Velásquez Herrera (Arkangel AI, Colombia) and Leonie Korn (UpLeap, Switzerland) in fourth and fifth places respectively.

The number of top finalists is set to be announced in February 2026, with the winners being celebrated at a global ceremony later in the year.

More info on this year’s Aurora Top 100 List is available here.

About the Project

The Aurora Tech Award, powered by inDrive, backs the boldest female tech founders in emerging markets. It’s more than recognition, it’s a launchpad. Aurora combines non-dilutive capital with direct access to investors, operators, and a global network, giving founders the connections and momentum to scale faster and go further. This isn’t a competition; it’s a catalyst for the women building the next category-defining companies.

inDrive is a global mobility and urban services platform. The inDrive app has been downloaded over 360 million times, and has been named the second most downloaded mobility app for the third consecutive year. In addition to ride-hailing, inDrive provides an expanding list of services, including intercity transportation, delivery, and financial services. In 2023, inDrive launched New Ventures, a venture and M&A arm.

inDrive operates in 982 cities across 48 countries. Driven by its mission of challenging injustice, the company is committed to having a positive impact on the lives of one billion people by 2030. It pursues this goal both through its core business, which supports local communities via a fair pricing model; and through the work of its impact programs. For more information, visitwww.inDrive.com.

Aurora Tech Award Announces Top 100 Female Founders

Aurora Tech Award Announces Top 100 Female Founders

Videos quickly emerged Saturday showing the fatal shooting of a Minneapolis protester by a Border Patrol agent, with Democratic leaders in Minnesota saying the footage showed the deadly encounter was the result of untrained federal officers overreacting and the Trump administration saying the man provoked the violence.

It was the second fatal shooting in Minneapolis by federal immigration authorities this month. The first, on Jan. 7, involved Renee Good. It also was captured on videos and produced a similar schism among political leaders.

On Saturday, at around 9 a.m., a Border Patrol agent shot and killed 37-year-old Alex Pretti after a roughly 30-second scuffle. The Trump administration said shots were fired “defensively" against Pretti, who federal authorities said had a semiautomatic handgun and was “violently" resisting officers.

However, in bystander videos of the shooting reviewed by The Associated Press, Pretti is seen with only a phone in his hand; none of the videos appear to show him with a weapon.

Minneapolis Mayor Jacob Frey, who said he watched one of several videos, said he saw “more than six masked agents pummeling one of our constituents, shooting him to death." Frey has said Minneapolis and St. Paul are being “invaded” by the administration's largest immigration crackdown, dubbed Operation Metro Surge.

Department of Homeland Security Secretary Kristi Noem said Pretti attacked officers, and Customs and Border Patrol Commander Gregory Bovino said he wanted to do “maximum damage and massacre law enforcement.” In posts on X, President Donald Trump’s deputy chief of staff Stephen Miller called Pretti "a would-be assassin.”

The shooting Saturday occurred when officers were pursuing a man in the country illegally wanted for domestic assault, Bovino said. Protesters routinely try to disrupt such operations, and they sounded their high-pitched whistles, honked horns and yelled out at the officers.

Among them was Pretti. At one point, in a video obtained by The Associated Press, Pretti is standing in the street and holding up his phone. He is face-to-face with an officer in a tactical vest, who places his hand on Pretti and pushes him toward the sidewalk.

Pretti is talking to the officer, though it is not clear what he is saying.

The video shows protesters wandering in and out of the street as officers persist in trying to talk them back. One protester is put in handcuffs. Some officers are carrying pepper spray canisters.

Pretti comes in again when the video shows an officer wearing tactical gear shoving a protester. The protester, who is wearing a skirt over black tights and holding a water bottle, reaches out for Pretti.

The same officer shoves Pretti in his chest, leading Pretti and the other protester to stumble backward.

A different video then shows Pretti moving toward another protester, who falls over after being shoved by the same officer. Pretti moves between the protester and the officer, reaching his arms out toward the officer. The officer deploys pepper spray, and Pretti raises his hand and turns his face. The officer grabs Pretti's hand to bring it behind his back, and deploys the pepper spray canister again and then pushes Pretti away.

Seconds later, at least a half-dozen federal officers surround Pretti, who is wrestled to the ground and hit several times. Several agents try to bring Pretti’s arms behind his back, and he struggles.

Videos show an officer, who is hovering over the scuffle with his right hand on Pretti’s back, backs away from the group with what appears to be a gun in his right hand just before the first shot.

Someone shouts “gun, gun.” It is not clear if that’s a reference to the weapon authorities say Pretti had.

And then the first shot is heard.

Videos do not clearly show who fired the first shot. In one video, seconds before the first shot, one officer reaches for his belt and appears to draw his gun. That same officer is seen with a gun to Pretti’s back as three more shots ring out. Pretti slumps to the ground. Videos show the officers backing away, some with guns drawn. More shots are fired.

The Department of Homeland Security said Pretti was shot after he “approached” Border Patrol officers with a 9 mm semiautomatic handgun. Officials did not say if Pretti, who is licensed to carry a concealed weapon, brandished the gun or kept it hidden.

An agency statement said officers fired “defensive shots” after Pretti “violently resisted” officers tried to disarm him.

Walz expressed dismay at the characterization.

“I’ve seen the videos, from several angles, and it’s sickening,” he said.

President Donald Trump weighed in on social media by lashing out Walz and Frey. Trump shared images of the gun that immigration officials said was recovered from Pretti and said “What is that all about? Where are the local Police? Why weren’t they allowed to protect ICE Officers?”

EDS NOTE: OBSCENITY - Armed community response members patrol near the scene where 37-year-old Alex Pretti was fatally shot by a U.S. Border Patrol officer earlier in the day, Saturday, Jan. 24, 2026, in Minneapolis. (AP Photo/Adam Gray)

EDS NOTE: OBSCENITY - Armed community response members patrol near the scene where 37-year-old Alex Pretti was fatally shot by a U.S. Border Patrol officer earlier in the day, Saturday, Jan. 24, 2026, in Minneapolis. (AP Photo/Adam Gray)

Demonstrators hold signs during a protest in response to the fatal shooting of 37-year-old Alex Pretti in Minneapolis earlier in the day Saturday, Jan. 24, 2026, in Los Angeles. (AP Photo/Caroline Brehman)

Demonstrators hold signs during a protest in response to the fatal shooting of 37-year-old Alex Pretti in Minneapolis earlier in the day Saturday, Jan. 24, 2026, in Los Angeles. (AP Photo/Caroline Brehman)

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