From clean water to crypto and colostomy breakthroughs, the 11 startups in the Macquarie University Incubator are the most diverse the five-year program has seen, said director Melissa Ryan.
The 2022 cohort follows last year’s alumni, who have already raised more than $44 million in in external financing.
The six-month Startup Educate program is designed to drive investment according to: Ryan, Macquarie’s director of incubation and entrepreneurship.
“At Macquarie Incubator, we believe that innovation is the door to a better world and that entrepreneurship is the key that unlocks it,” she said.
“To facilitate Australia’s transformation into an innovation economy, we must nurture every aspiring entrepreneur, which is why we are proud to be the most inclusive startup incubator in Australia – a space for all innovators – from startups, scale-ups , researchers to industrial intrapreneurs.”
Ryan said that while she… used to seeing high-level teams in the program, she was surprised by how open the 2022 group was when it came to directly testing assumptions and ideas, especially founders at the MVP stage.
“They’ve also been very active with our mentor connector program, which has honestly given our team a bit of training to keep up, but these relationships are just as valuable to the founders, so it’s great to see,” she said. said.
Macquarie Incubator startups made more than $6.7 million in revenue last year, launched 35 new products and employed 177 people, making $4.4 million in payroll. And 44% of incubator startups have at least one female founder.
The Incubator has now supported more than 75 companies since its launch in 2017.
These are the startups in Cohort 1 2022 of Macquarie Incubator
Clean water Oceania
Clean Water Oceania is the regional importer, distributor and manufacturer of Watergen’s patented, world-leading technology for generating atmospheric water.
The innovation produces 900 liters of water, from scratch, which is 100% sustainable, off-grid and CO2 neutral. The system also ensures rapid deployment of power and communication at any location and at any time.
The company is also a social enterprise and plans to equitably distribute the world’s most efficient atmospheric water generators among hundreds of remote First Nations communities and cities across Australia to reduce their reliance on undersized, contaminated and depleting groundwater resources.
Syncedify has created a Hyperautomation platform that helps automate the ever-changing data validation logic and build complex IoT solutions with machine teaming and artificial intelligence.
Hyperautomation, the process by which companies automate as many business and IT processes as possible, is key to both digital operational excellence and operational resilience for organizations.
Syncedify have created their own proprietary communication protocol, which provides event handling and real-time field-level notification, creating a unique opportunity to implement event-driven workflows that power Hyperautomation solutions.
Trinity Digital is a digital SaaS platform created to automate the debriefing process between suppliers and their customers at the end of a sales agreement.
The solution is in the Sales Tech sector, as a tool that helps companies accelerate and improve sales productivity, through better customer intelligence and insight.
The Trinity Platform integrates into any company’s CRM system to capture critical customer feedback and data at the end of each individual sales activity.
Exchange Exchange is on a mission to revolutionize the way students worldwide plan, decide, navigate and study abroad by eliminating all the unknowns and questions students face.
The platform provides assistance in finding and comparing exchange or full-time international student opportunities abroad, while also helping foreign students obtain information about their stay and study in their chosen destination.
ColoComfort is an innovative device designed to improve colostomy management, minimizing or eliminating the use of colostomy bags.
Colocomfort is intended to enable people with a permanent stoma to achieve their goal of a better quality of life. They want to provide a solution for all relevant colostomas, including those in developing countries, which currently have lower quality alternatives.
The innovative device eliminates the need for bags, improves hygiene, comfort and user confidence, while reducing landfill waste from traditional discarded bags.
Yuroka DAO leverages the power of Web3 technologies to provide decentralized shared ownership of scalable renewable energy and cryptocurrency mining assets in Australia.
Their goal is to encourage the adoption of carbon neutral cryptocurrency mining and validation, thus contributing to a greener future.
Krownpay is a crypto payment solution that allows people to send and receive cryptocurrencies.
Their system allows e-commerce vendors to offer their customers alternative payment methods using cryptos. Founders Soso Bagshaw and Peter Logo are working to help small and medium businesses take advantage of the blockchain and crypto community.
Their vision is to make payments easy and fast with no restrictions, increase transaction speed while reducing costs for both suppliers and their customers.
Good for the hood
Good for the Hood is all about empowering ordinary people to make a difference in the community.
Meaningful change starts locally and their mission is to bring people together and empower ordinary people to become advocates for a more sustainable and regenerative future.
Good for the Hood is a social enterprise that partners with schools, businesses and municipalities to give them the tools to create meaningful change in their communities. Good for the Hood is represented by volunteers, sustainability champions, community groups, social enterprises, municipalities and workplaces.
EyePathDx.com is an integrated medical-grade eye tracking device and SaaS backend platform that helps doctors, researchers, marketing strategists, designers, teachers, and everyone else analyze how people look at things.
Rob Newport created EyePathDx to make both eye tracking and its analysis easier and more insightful.
FinKidsTM is developing a highly engaging digital solution that aims to teach young children the fundamentals of financial literacy and facilitate the development of positive and long-lasting money habits.
They build a community of early childhood educators, academic researchers, guardians and business professionals; to ensure a multidisciplinary approach to educating our future generation.
Their vision is to democratize access to quality financial education so that all children have the opportunity to succeed in today’s society, no matter where their lives begin.
- One research commercialization project currently does not have a company name.
- 0.1 From clean water to crypto and colostomy breakthroughs, the 11 startups in the Macquarie University Incubator are the most diverse the five-year program has seen, said director Melissa Ryan.
- 1 Clean water Oceania
- 2 Sync
- 3 Trinity Digital
- 4 Exchange Exchange
- 5 ColoComfort
- 6 Yuroka DAO
- 7 crown pay
- 8 Good for the hood
- 9 Eye pathDx
- 10 FinKids