Øyvind Rideng

Techbridge Invest Africa boasts of a pool of personnel with a deep and  longtime background in developing startups into profitable companies around the world.

This is evident through our Chair of the Techbridge Invest Board Oyvind Rideng who has a long track record in developing companies, especially those dealing with software technology.

Rideng is proud to have successfully built, grown and sold several companies with a considerable profit.He believes in getting things from an idea to a functional business and also creating a possible solution from what is seen impossible.

Among the companies he has invested and develop  is Systems in Motion, 1994 and managed to scale it up into one of the world’s leading companies in advanced 3D visualization.

Rideng aims at supporting entrepreneurship in Africa in a bid to develop new sustainable business and employment informed by the alarming rates of unemployed youth in Africa specifically Kenya. He believes youth must be given practical entrepreneurial skills and not a much theoretical approach system of education.

On the view of seed funding and startup capital, Rideng has a keen eye on providing seed money to startups in a way to prepare them for further investments because it is through initiatives like the Techbridge Challenge https://www.techbridgeinvest.com/challenge which gives a platform to aspiring entrepreneurs to be trained, mentored by high profile and experienced mentors and receive seed funding.

Being the Chair of Techbridge board he has spearheaded the start of programmes like the Techbridge challenge by virtue of giving an opportunity to young innovators,inventors,makers, entrepreneurs and coders  to turn their ideas into viable businesses.

According to Rideng, Africa has the potential,aspiring innovators and a ready market and as an expert in leadership and investments from Norway  he sees the possibility of contributing to 122 million jobs in the Sub Saharan Africa since only 28% of the workforce is employed on a permanent basis.This can,among many other measures  be achieved by creating a favourable environment for technological advancements to thrive as seen in most developed countries in the world.

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