A new angel investment syndicate is backing Australia’s Techstars founders

- October 3, 2023 2 MIN READ
Techstars accelerator program
The first cohort from Techstars Tech Central Sydney's accelerator program with the team
A new angel investment syndicate is offering Australians the chance to back startups emerging from the new Techstars accelerator program in Sydney.

The syndicate, led by Cut Through Angels, allows wholesale investors to back one or more of the Techstars Tech Central Sydney class of 2023 as they prepare to strut their stuff at Demo Day this Thursday, October 5.

Angel investors had a sneak peek at the 12 portfolio startups recently in Sydney at the “Angels & Techstars founders – pitch & mix event” ahead of Demo Day. The syndicate is not associated with Techstars, but does offer an early-stage investment opportunity usually reserved only for limited partners of the global accelerator.

Techstars Tech Central Sydney managing director Kirstin Hunter said the founders represent high-quality deal flow and will go on to lead some of Australia’s newest tech businesses and brands. Globally, Techstars has backed more than 3,700 early-stage startups.

“This initiative came together through the work of our Techstars founders and Cut Through Angels, and presents a unique opportunity for angel investors to get access to a diverse cohort-based investment, at a cheque-size that is affordable for even the most tentative of angel investors,” she said.

“I’m proud to watch this come together and excited for the potential for angel investors to continue to support future accelerator classes.”

Cut Through Angels partner Simon McKendry said they wanted to create flexibility for angel investors following the momentum they gained as part of the Techstars accelerator program

“Cut Through Angels is passionate about making true venture capital-quality investments accessible to every Australian angel investor,” he said.

“Giving angels the chance to invest in the Techstars cohort, either as a portfolio or by handpicking their favourite startups, with a relatively small entry cheque size and low fees, is a direct match for our core mission.”

Techstars founder Nikki Tugano, CEO of SeenCulture said angel investors are a vital part of startup success.

“This was inspired by ‘the whole is greater than the sum of its parts’. Being a part of the Techstars family means doing all we can to contribute to each others’ success,” she said.

“This is an example of just that. We need angels to support the success of Australian startups to compete on a global scale. This is about tying Aussie founders into the global prowess of Techstars.” 

You can grab a ticket to be a part of Demo Day here. Investment syndicate details are at cutthrough.com/techstars

Here is the Techstar Sydney accelerator cohort startups and their founders:


NOW READ: Here are the 12 startups in the first Techstars Tech Central program in Sydney