Startmate

Startmate is an accelerator based in Sydney, Australia, founded in 2010. It focuses on supporting exceptional founders and operators by providing a three-month program designed for technically-oriented entrepreneurs aiming to build impactful companies. Startmate invests AUD $120,000 for a 7.5% equity stake, which includes a $75,000 investment during the program. Participants benefit from mentorship by over 40 successful founders, legal counsel, and a one-week trip to Silicon Valley. The program culminates in two demo days, held in Sydney and Melbourne, where startups present to early-stage investors. Startmate's mission is to foster innovation and growth in the Australian and New Zealand startup ecosystems.

Lauren Capelin

Principal

Past deals in Recycling

Vertus Energy

Seed Round in 2024
Vertus Energy operates as a climate tech startup. Vertus Energy is accelerating the world’s transition to green energy. Its BRIO™ technology turbocharges the production of green fuel from waste and generates a more powerful biofuel, producing 60% more energy from the same amount of waste while also processing three times the amount of waste than any other system on the market.

Great Wrap

Venture Round in 2024
Great Wrap is a manufacturer of compostable cling wrap that utilizes potato waste to create an eco-friendly alternative to conventional plastic. The company's stretch wrap performs comparably to traditional plastic but is designed to break down in under 180 days, contributing organic matter to compost piles without leaving any microplastics. Great Wrap's products cater to both home and industrial users, providing biodegradable packaging solutions that promote sustainability and reduce environmental impact.

Bygen

Series A in 2024
Bygen is focused on rehabilitating polluted soil, water, and air through the production of sustainable activated carbon derived from common agricultural and forestry wastes. The company employs a low-temperature activation method that lowers production costs and minimizes the use of water and fossil fuels, resulting in a carbon-negative product. Bygen's activated carbon is utilized across various industries, including water treatment, soil remediation, gold recovery, and gas scrubbing, offering excellent filtering capabilities.

Great Wrap

Pre Seed Round in 2021
Great Wrap is a manufacturer of compostable cling wrap that utilizes potato waste to create an eco-friendly alternative to conventional plastic. The company's stretch wrap performs comparably to traditional plastic but is designed to break down in under 180 days, contributing organic matter to compost piles without leaving any microplastics. Great Wrap's products cater to both home and industrial users, providing biodegradable packaging solutions that promote sustainability and reduce environmental impact.
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