Startmate, an accelerator and early-stage investor, has announced the 11 startups selected to participate in its latest Winter cohort, gaining access to its innovative support ecosystem.
From tackling online abuse to revolutionizing firefighting techniques, and providing crucial support for new mothers, this diverse group of individuals is making a tangible impact across a wide range of social issues. Can they revolutionize tender processes, streamline operations in industries such as mining, petroleum extraction, patient care pathways, heat treatment methods, entomology-based software development, and global digital health expansion?
Six hundred impressive purposes have led to their selection.
From Startmate’s esteemed program, one promising founder among many has taken their inaugural strides into the world of entrepreneurship.
Two-thirds (64%) of the 11 startups in this cohort are receiving funding for the first time, with Starmate alone committing over $1.3 million to the winter program.
Startmate invests $120,000 in early-stage startups, securing an 8% stake at a valuation of $1.5 million, with software emerging as the primary driver of significant returns. Interestingly, the cohort is comprised of 45% hardware-focused companies, 36% AI-driven ventures, and 27% climate-focused initiatives.
Given that only 36% of venture-backed startups focus on women’s health and just 43% are co-founded by women, sisters at Borne are making strides in their own right, revolutionizing the industry with a median of 5-year-old founders backing their ventures.
Later this year, get ready to meet our impressive lineup of entrepreneurs at Demo Day?
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Borne’s innovative approach is transforming maternal healthcare by creating a seamless experience where hospitals deliver exceptional birthing services and Borne provides nurturing environments for postpartum recovery.
Borne is a haven where mothers and their families can find respite, rejuvenation, and growth through its comprehensive wellness program and exclusive membership platform, offering 24/7 knowledgeable care. Borne’s distinct care model aims to create a lasting positive influence on the lives of future generations.
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: Sydney, NSW
With Bugster’s advanced technology, a task that once required hours of manual labor can now be completed in mere moments.
Bugster empowers businesses to generate comprehensive, end-to-end assessments of internet merchandise at an unprecedented 80% faster pace, ensuring seamless operations without requiring a corresponding expansion of their growth team.
With a rich heritage of expertise in software development, artificial intelligence, and customer insights from its founders, Bugster has emerged as the premier unified testing platform for software products.
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Location: Sydney, Australia
Fairgo.ai is a cutting-edge AI-driven video interviewing platform that significantly streamlines the recruitment process, reducing hiring times by an impressive 50%, thanks to its innovative automated screening capabilities.
Unlike traditional approaches, every dialogue between a query and response is actively engaged with an AI expert.
Assessing candidate suitability provides comprehensive summaries, yielding actionable insights that enable informed, eco-conscious hiring decisions, thereby reducing the risk of unconscious bias. With over two decades of exceptional experience at both Amazon and SEEK under his belt, the solo founder has uniquely positioned Fairgo.AI for a groundbreaking disruption in the recruitment industry.
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: Melbourne, Victoria
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Hurtéc is disrupting the firefighting industry by developing cutting-edge electric pumps, integrated with sophisticated software that streamlines complex processes and provides instant data insights to optimize safety and efficiency.
According to industry experts in firefighting and technology, Hurtec’s innovative system surpasses traditional pumps, enhances safety, and integrates equipment effortlessly for more effective fire management.
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: Nerang, Queensland
Oil Extraction Technology (NE Tech) efficiently extracts oil from meal residues. This innovative technology slashes costs by 85%, reduces energy consumption significantly, and eliminates the lengthy drying process altogether?
Pioneering innovations in dietary oil production leverage cutting-edge green technology to deliver odorless, flavorless, and shelf-stable formulations devoid of additives.
What’s most spectacular? With a collective expertise spanning 50 years in the development of complementary manufacturing, bioengineering, and biochemistry initiatives.
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: Christchurch, New Zealand
Revolutionizing physiotherapy, PREVE pioneers AI-driven innovation, streamlining every stage of the patient experience with seamless accessibility, intelligent automation, and unparalleled satisfaction.
Through PREVE’s comprehensive program, individuals gain access to effective and affordable treatment leading to enhanced recovery results.
On the same time, medical clinics flourish through stable revenue streams and unique patient-centric services. The founding team brings together a decade-long legacy of medical acumen, clinical leadership, and product innovation in the realm of preventive healthcare.
This team is well-prepared to transform the landscape of physiotherapy patient care.
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: Byron Bay, NSW
Recant.ai is putting an end to online harassment. How? Technological expertise detects and disrupts abusive communications, ensuring accountability by imposing consequences on offenders.
With a team boasting a cumulative 15 years of experience in AI, having successfully scaled and exited multiple profitable ventures, Recant.ai stands out as an organisation worth paying attention to.
Founders: , &
: Perth, Western Australia
Tendl simplifies access to vital information locked within an organization’s documentation.
With a focus on tenders and grants, Tendl thoroughly navigates complex paperwork and historical responses to empower organizations in pursuing additional opportunities, ultimately yielding better outcomes while significantly reducing submission-related stress.
Tendl operates locally within your laptop, thereby dispensing with the need to transmit sensitive information. With over a decade’s worth of experience in software program engineering, the seasoned founder – be it solo or veteran – possesses a profound grasp of the challenges inherent in building organizations within the public sector.
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: Toowoomba, Queensland
Around 60 percent of Australians incur energy bills exceeding AUD 4,000 annually. Totex’s advanced heating, cooling, and scorching water system significantly reduces energy consumption and carbon footprint by intelligently synchronizing with solar panels, energy storage units, and a dynamic power management platform.
Utilizing over two decades of experience in building and overseeing the inner workings of energy-intensive companies, the founding team is tackling the significant environmental impact of heating and cooling systems.
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: Melbourne, Victoria
Trovia is tackling the daunting issue of exorbitant prices and labyrinthine complexity that stifle entry into the $105 billion global market for digital wellbeing companies.
Our platform effortlessly converges with existing operations, providing localized and compliant healthcare supply solutions, along with a pre-established global network of suppliers at the ready. This enables companies to reduce expansion costs by 75%, accelerate development, and enhance profitability.
Guided by a team of experts with profound knowledge in both healthcare and technology, Trova is revolutionizing the way digital wellness platforms operate on a global scale?
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: Melbourne, Victoria
Introducing Zello, Australia’s inaugural AI-powered store assistant, harnessing real-time data insights to elevate customer experience and provide actionable intelligence for retail owners.
Through Zello, retailers can track consumers’ buying habits within the changing room, monitoring device interactions, processing transactions, and offering alternative outfit suggestions.
As the founders’ relentless energy and user-focused approach propel Zello forward, they are poised to revolutionize the buying experience for the better.
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: Melbourne, Victoria