Dragonfly Pondering, a startup spun out of Australian Nationwide College (ANU) utilizing AI to make it simpler to consider troublesome enterprise and coverage issues in an inclusive and intuitive manner, has gained the inaugural AI Dash by the Nationwide AI Centre.
In an indication of how vibrant the nation’s startup sector is with regards to synthetic intelligence (AI), greater than 190 early-stage startups utilized to be a part of this system, a collaboration between Nationwide AI Centre (NAIC), naitonal science company CSIRO, startup hub Stone & Chalk, and Google Cloud.
The judging course of noticed them whittled right down to high 35 after which 10 finalists who pitched at a Demo Day in Sydney following the 10-week intensive course providing knowledgeable steerage, infrastructure and connections to assist the founders concerned launch AI-powered options with financial and social advantages.
Dragonfly Pondering acquired $300,000 price of analysis and growth assist from a number one Australian analysis establishment and facilitation companies from CSIRO’s SME Join, whereas the 2nd and third place winners, Kindship an NDIS steerage system, and Empathetic AI a tax co-pilot, each acquired $100,000 price of assist.
In addition they scored a variety of assist companies from Stone & Chalk to assist them safe the important capital, clients, experience and expertise.NAIC Director Stela Photo voltaic mentioned the three winners demonstrated exceptional potential to unravel a vital market want.
“They have been chosen for his or her means to scale an revolutionary, accountable, and aggressive AI enterprise in as we speak’s market,” she mentioned.
“All of them have exceptionally vibrant futures forward of them, and we’re proud to have supplied the chance to assist them rework their AI ideas into real-world influence.”
Dragonfly Pondering’s Nick Lothian and Anthea Roberts and NAIC director Stela Photo voltaic
Dragonfly Pondering was based by Professors Anthea Roberts and Miranda Forsyth as an AI software to analyse issues from totally different angles to supply customers with clear insights to boost decision-making.
Kindship’s NDIS navigator Barb is an AI-powered private assistant offering 24/7 steerage and assist on the NDIS, providing immediate recommendation on budgeting, supplier choice, and remedy choices. Founder Summer season Petrosius was impressed by her personal journey with undiagnosed autism to develop Barb for assist and advocacy for people and caregivers.
Empathetic AI‘s tax co-pilot Luna launches this week and can present situation evaluation, real-time ATO personal ruling updates, and automatic laws reference checks. Cofounder and CEO Angela Shi was a 2023 finalist of the Australian Ambassador’s Award for Ladies in Management and her imaginative and prescient of integrating humanity into digital applied sciences led her to co-found Empathetic AI in 2023.
Stone & Chalk CEO Chris Kirk, mentioned the AI Dash demonstrated Australia’s dedication to nurturing a thriving and profitable AI business.
“The AI Dash has been an unbelievable initiative that may undoubtedly propel Australia’s AI ecosystem ahead,” he mentioned.
“By bringing collectively the brightest minds, revolutionary concepts and cutting-edge assets, we’ve got fostered an surroundings ripe for groundbreaking developments in synthetic intelligence.”
The demo day additionally featured a Individuals’s Selection award voted on by greater than 200 folks within the room together with 600 watching on-line. The winner was knowledge analytics startup InsightWise.
Different startups within the high 10 included a public sentiment tracker for affordability, a rip-off detection software for digital communications, an AI-integrated downlight and smoke alarm system, and non-wearable monitoring system to assist aged independence and a generative AI platform for inventive artists.
Stone & Chalk CEO Chris Kirk with Individuals’s Selection winners Matthew Bailey & Katherine Larish from InsightWise, NAIC director Stela Photo voltaic and Michael Langford, head of VC & dtartup ecosystem at Google Cloud
