Nano satellites that monitor crop health, cameras that map the underground world, and medical sensors that help hospital patients spend less time in hospital are just some of the amazing things being worked on by the startups who have been accepted into muru-D’s fourth Sydney cohort.
Kicking off on 6 February 2017, the eight startups have been offered up to $60,000 (during and post-program) in seed capital investment and will benefit from a highly developed network of mentors and industry professionals.
Demo night live stream information 2017
On 2 August our #SYD4 cohort will be pitching to investors at a showcase event.
You can tune into the event livestream on Telstra Exchange to catch all of the action from 5:30pm AEST.
This year’s muru-D Sydney cohort, SYD4 is the most ambitious to date. More than 60% of our companies represent deep technology including robotics, satellites, ag tech, AI, medical devices, block chain, aerospace and VR.
This year’s companies also started the muru-D program with a combined revenue of $3 million, 10x higher than the prior year. Through the six month muru-D program, the companies have increased that to combined revenues of $5 million.
Recent updates to the muru-D program helped attract more ambitious and more developed companies to #SYD4.
We updated our funding model in November to an uncapped SAFE note, made popular in the USA, which means we no longer take a fixed amount of any company, and instead follow the market value. We also actively hunted for more mature companies, who traditionally would be less likely to consider an accelerator.
This cohort represents a depth of experience, innovation and global ambition that is a level above anything we have seen before.
Meet the startups:
- AgriWebb – is using technology to transform livestock production. AgriWebb’s team hails from Harvard, Stanford and Oxford and includes founders who have lived on the land. They have over 800 farmers using the product already and have raised more than $4 million.
- Alta – is building the most valuable type of game for Virtual Reality. Multiplayer games with a long playtime are the most valuable category of games on PC and consoles, but no such title exists for VR. Alta will build the first long play, multiplayer game for VR.
- Bron.tech – is the first blockchain product that is easy to use and valuable for everyday people. Blockchain has promised a powerful way for us to manage our own identities, share money and even vote for government. Bron.tech is making blockchain as easy to use as a coupon at the grocery store.
- Flobox – lets small businesses fight back against huge marketing teams. Using social media marketing is hard to get right. Flobox have taken the strongest ad strategies for social media and made them easier to use than a spreadsheet.
- Flurosat – can see problems with crops before a farmer on the ground can, and recommend precision fixes. Flurosat uses hyperspectral cameras mounted on drones and nano satellites to look at crop health.
- GeoInteractive – lets you see underground, whether you own a mine, a sewer or want to discover ancient ruins. GeoInteractive has built a hardware product similar to GoPro that delivers an underground map like Google Street View.
- Patch’d – allows patients to leave hospital earlier, be diagnosed sooner and prevents unnecessary admissions. Patch’d imagines a world where every patient lives a normal life and no patient dies from inadequate monitoring. To make this a reality, they have developed a medical sensor which allows real time patient monitoring from anywhere in the world.
- Snooper – is a way for brands to measure the customer experience, through the eyes of the customer. Snooper is a crowdsourcing app that pays shoppers to collect in-store data and share their own experience with brands in real time.
For more information head to: muru-d.com/
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