Premier local accelerator and investment program Startmate has backed a majority of startups founded by women for the first time in its history for the latest cohort. Seven of 12 Australian and New Zealand startups are helmed by a woman. Each one receives a $120,000 investment at a $1.5 million post-money valuation if its the… Read more »
Australian and New Zealand accelerator program Startmate is increasing the investment it makes in startups $75,000 to $120,000 as it goes on the hunt for its summer cohort. It’s also increased the valuations by 50% to $1.5 million, in a move that means the equity investment remains roughly the same, increasingly from 7.5% to 8.5%.… Read more »
The founders in Startmate’s Winter21 cohort of 19 startups make their plays for money and mentors this week at Demo Day. The winter crop of Australian (13) and New Zealand (6) ventures is Startmate’s largest ever cohort andĀ agtech, gaming, fintech and climate tech. They’ve just emerged from the 12-week program with capital from Startmate –… Read more »
Itās not essential to have a co-founder, but like anything in life, itās often easier when you have a second set of eyes, or someone to share the load, or whatever cliche you want to employ. But you need to find the right co-founder, otherwise the relationship will probably cause more problems than it solves.… Read more »
Startmate is launching a new Founders Fellowship program to unearth and support the founders of the future in Australia and New Zealand. The 20-week program, which kicks off in July 2021, and is seeking people who want to found a company, rather than work for one, but don’t know what happens next. Sascha Kerbert, Head… Read more »
Startmateās Open House program, kicks off next Monday, May 17. The free, two-week long virtual festival – the former Office Hours – gives budding and early-stage founders the chance to problem-solve and learn from expert founders and operators at some of the regionās top start-ups through 1:1 mentoring, founder-to-founder relationship building, fireside chats and functional… Read more »
Startmate’s New Zealand expansion plans continue with the Australian startup accelerator making its first local appointment, making Auckland-based Ryan Walker its community and partnerships associate. In his first months in the role, Walker is visiting key startup hubs across the twin island to ensure the Kiwi startup ecosystem is primed to leverage Startmate’s global network… Read more »
Startmate held its Demo Day last week for its biggest ever cohort of startups, 18, alongside raising $2 million to invest in the Summer 21 cohort. More than 1,000 people turned into the livestream to watch the startups, which came from New Zealand as well as Australia, pitch their ideas. Startmate Principal Lauren Capelin said… Read more »
Applications for Startmateās Fellowships for Australian and New Zealand women are open, offering up to 100 ambitious women a way to become involved in the startup sector through mentorship, networking and practical skill building. Mentors from companies such as Atlassian, Canva, Zip, Blackbird, Square Peg, and SafetyCulture will offer guidance to the Fellows as part… Read more »
Startmate Principal Lauren Capelin kicks off what will become a series of reflections on how her organisaiton can collectively move the needle on diversity. At midnight last night, we officially closed applications for our Summer21 cohort ā the first fully-remote, location-agnostic cohort we are running across Australia and New Zealand, which will kick off in… Read more »
Startmate’s popular Office Hours program, matching 500-plus entrepreneurs for a free 30-minute 1-on-1 sessions with the best mentors, investors and startup founders kicks off again next month, but you only have until this Sunday, November 1, to apply to be a part of it. The program gives people access to some of the best minds… Read more »
Back in April, US venture capital veteran Marc Andreessen published a call-to-arms to the US economy titled āItās Time to Buildā. As the country watched the pandemic spiral out of control, Andreessen lamented the fact it was ill-equipped to respond, ultimately lacking the capacity to build the infrastructure and equipment required. America needed to re-learn… Read more »
Startmateās first-ever fully remote cohort of 16 Australian and New Zealand startups to pitch at live-streamed Demo Day this afternoon, October from 4.30pm. The event comes as Startmate opens applications for its hugely popular Office Hours program, on again this November, which aims to support up to 1000 founders from Australia and New Zealand by… Read more »
Startmate has announced two key appointments that increase diversity in senior roles. Reinventure’s Partner of Platform, Lauren Capelin, has moved to Startmate as Principal, while New Zealand-based Blackbird partner and Startmate alumnus Samantha Wong will join the board, replacing her Blackbird colleague Nick Crocker, who is stepping down after three years. Capelin, who is also… Read more »
Engineering startupĀ VAPAR, which utilises artificial intelligence (AI) and machine learning (ML) to check the condition of stormwater and sewerage pipelines, has raised AU$700,000 in seed funding led by Blackbird Ventures and Startmate, as well as angel investors. CEO Amanda Siqueira and CTO Michelle Aguilar, both engineering graduates from the University of Technology, Sydney, co-founded their… Read more »
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