Startmate
Startmate is an accelerator based in Sydney, Australia, founded in 2010. It specializes in providing mentorship and seed financing to founders of internet and software startups in Australia and New Zealand. The program invests AUD $75,000 for a 7.5% equity stake in selected startups. Over a three-month period, participants receive guidance from over 40 experienced founders, legal advice, and an opportunity to visit Silicon Valley. The program culminates in two demo days held in Sydney and Melbourne, where startups present their ventures to early-stage investors. By focusing on technically-oriented founders, Startmate aims to help them build world-class companies that address customer needs.
Vertus Energy is a climate tech startup focused on transforming waste into green energy. The company has developed BRIO™ technology, which enhances the production of biofuel from waste materials. This innovative system is designed to produce 60% more energy from the same volume of waste compared to existing technologies, while also handling three times more waste. Utilizing anaerobic digesters and carbon sequestration and conversion methods, Vertus Energy aims to provide a solution for de-fossilizing heavily polluting industries, making the transition to sustainable energy more practical and cost-effective. Through its advancements, Vertus Energy contributes to the urgent global effort to combat climate change.
Great Wrap is a manufacturer of compostable cling wrap designed for both home and business applications. The company produces biodegradable pallet cling wrap made primarily from food waste, such as potato waste. This innovative approach allows users to utilize eco-friendly packaging materials that are certified home and garden compostable. By prioritizing sustainability, Great Wrap aims to reduce reliance on traditional plastic wraps, offering an environmentally responsible alternative that aligns with growing consumer demand for green products.
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