Yahoo Finance 10 startups that Telstra just poured money into
Telstra’s startup accelerator program Muru-D has revealed its latest cohort of businesses that will be supported in their early stages.
The ten startups in this year’s SYD6 class – which were chosen from almost two hundred applications – will each receive $75,000 in seed investment and access to industry professionals and mentors through the six-month program.
Startup industry identity Alan Jones, who was involved in the judging process, will be the “entrepreneur-in-residence”, guiding the entrepreneurs through early growth and to become investment-ready.
“I’m stoked at the strength of the teams in this year’s SYD6 cohort. I’m looking forward to bringing my 20-plus years of tech startup experience as a founder, angel investor and accelerator mentor to the program,” Jones said.
All ten winners also get to operate for free from a co-working office in downtown Sydney and will fly on an international trip to a startup hub to meet potential investors, mentors and other entrepreneurs.
More than 140 startups have graduated from Muru-D since 2013, according to program head Julie Trell, creating “hundreds of jobs”.
“And at the end of the six months, the startups will put everything they’ve learnt to the test as they pitch to investors at a showcase event attended by the who’s who of the Australian startup ecosystem.”
Here are the ten companies selected in this year’s class:
Agrinet provides farm-wide wifi networks that enable fast connectivity for voice, video and internet-of-things.
Clipboard is a system for schools to manage extracurricular programs.
GeoSnapShot makes a marketplace for photographers to upload and sell photos.
Luboo is a wearable tracking wristband that lets parents know the whereabouts of young children at large events and venues.
Littlescribe is an exchange for digitising, sharing and printing children’s writing and illustrations.
Pioneera is software that predicts workplace stress.
Personifi is a marketplace for personal loans.
Seer Data & Analytics is place that allows finding and sharing data to solve social problems.
Staybil provides workforce geo-optimisation (WGO) software as-a-service.
WallSync is a platform that allows teams to digitise their workshops.
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