Brisbane tech startup hub River City Labs has announced the seven startups taking part in its second accelerator program run in collaboration with muru-D, the first to run since the community entered into a three year partnership with the accelerator in August.
Ken Macken, cofounder of Ollo Wearables and lead entrepreneur in residence for the program, said River City Labs received over 80 applications from across Australia and countries including Denmark, Canada, Singapore, and India.
“We’re excited by the response…the quality of startups made the selection process all the harder,” he said.
The program will run for six months, with teams eligible to receive up to $60,000 in funding in exchange for around 6 percent equity. The teams taking part cover a range of industries, from recruitment to drones and healthtech.
River City Labs first ran a successful pilot program with muru-D last year. The five participating teams, among them Puntaa, GreenSocks, and ProcessPA, received a three month extension to the program and a further $20,000 in funding in December.
Here are the startups taking part in this year’s program:
2ndLease – a rental marketplace that enables individuals and businesses to rent appliances and household items
Inco Docs – a cloud-based software created to increase sales and efficiencies for exporters around the world. It creates clear, professional quotes and export compliant documents
Innovative Drone Solutions – airborne testing of antenna systems using drones
Maxwell MRI – a preventative health subscription service that combines the power of MRI and Artificial Intelligence to help detect potential health issues before it is too late
SiteSee – a web platform for telcos that leverages 3D maps of mobile towers to streamline the design and management of mobile networks
Viberent – a cloud-based subscription software system and marketplace built for the worldwide SME hire and rental industry that integrates with SME accounting systems
Image: the new accelerator cohort. Source: Supplied.