Class 5 take to the stage!
Demo Day Summer 2015: Class 5 take to the stage!
March 31st, 2015
Now in its third consecutive year, INCUBATE has supported 40 high-potential startups at Sydney University by providing students, alumni and researchers with funding, co-working space and mentoring in order to get their ideas off the ground.
On March 31st, INCUBATE held its largest Demo Day in the Holme Refectory for the 2015 summer intake of entrepreneurs pitching their start-ups to an enthusiastic crowd of 200 people, made up of investors, entrepreneurs, students and graduates.
The night kicked off with a short address from Bill-Simpson-Young, Director at NICTA and Industry Partner of INCUBATE;
“We are teaching co-founders the skills they need for their startups – how to create value and how to get creative in the approaches they take – the sort of skills Australia really needs,” he said.
This year, the eight start-ups ventured out of the mobile-app bubble and tapped into the potential of other areas, notably science.
“75 per cent of the world’s data is inaccessible,” said Jack Yeh, Co-Founder of STEMN, a network for Rocket Scientists. “But what if scientists and engineers could share their findings as they occur?”
This is the idea behind Stemn, a network built for knowledge sharing for scientists and engineers by connecting researchers from around the world to discuss projects and experiments. Yeh and his team are hoping to dominate the space sector by bringing more researchers from the science community on board in order to “get to Mars a little bit quicker”.
“75 per cent of the world’s data is inaccessible, but what if scientists and engineers could share their findings as they occur?”
In a similar vein, Peter Liddicoat from Atomology pitched a new vision around engineering new materials, cheaper and faster, using a new atom microscope – the first of its kind in the world to image every atom in 3D position and element ID. Currently in search for $1.7 million in seed funding from investors and advisors with nanotech start-up experience, Liddicoat sees the value proposition as “the materials, the design process, the DNA – you can’t find it anywhere else in the world”.
But science wasn’t the only focus of the startups, with business and customer convenience also coming to the fore of startups like Docit, Cue, and JumpCut.
At Docit, “booking just got cooler” – according to Co-Founder, Andrew Nada, the startup aims to make booking appointments easier for small and medium businesses (like hairdressers) by providing a solution equipped with online bookings, smart notifications, and customer management.
Emily Carrigan, Founder at Cue hopes to do something similar, but in the health industry. The mobile app prevents patients from long waiting times to see the doctor. Patients receive an on-time notification for their appointment and join a virtual queue after check-in to save the time of sitting in a doctor’s room. The project integrates existing clinic practices with software to help clinics optimise schedules and save on administration.
Creating convenience in social media and online video platforms, Jumpcut are creating a suite of online video tools to make videos easy to watch, so viewers can “cut to the chase”. Co-founder Joel Sydner is fixing the problem of finding targeted content in long technical or instructional videos. INCUBATE has used Jumpcut to highlight the pitches of Demo Day here.
The night moved steadily towards food-related technology, with Food Pod. Co-founder Beryl Truong pitched an innovative platform to connect traditional farmers and food co-ops with existing ‘pods’ like schools and families in the local community. Truong and her co-founder Waiho Wong, hope to tap into the $2.5 billion fresh food and farmers markets industry by “concentrating on the relationship with the farmer, but also building the community, embed loyalty into that community, and then expand”.
For the cricket fans out there, CricSi marries sports and technology in order to reduce injury. Co-founder Dr. Naj Soomro (and an avid cricket fan) pitched a tracking tool for predicting injuries in cricket, particularly for fast bowlers. Currently being tested on the Sydney University cricket team, the mobile app is hoping to launch with the IPL, in order to reach every fast bowler out there so that cricket is less injurious and more enjoyable for all involved.
Felipe Serra-Martins of Sonder Design, an E-ink keyboard that adapts intuitively to a designer’s needs. The keyboard was developed after hundreds of hours were spent with designers, in order to allow customised options. Currently, the team is looking to sell through direct distribution to early adopters and crowd funding. “We seek to empower designers in technology,” Serra-Martins told the audience.
Incubate Program Manager, James Alexander, was happy with the final outcome: “all the startups took it up a notch with their pitches. Every one of them took their personality on stage, which is what we really wanted to see.”
“It’s really interesting to see what entrepreneurs can do when you give them a platform,” he said.
“The materials, the design process, the DNA – you can’t find it anywhere else in the world”.
When asked about picking a favourite from the night, he laughed. “It’s like asking a mum who’s her favourite kid. I like them all, but I want to highlight two – DocIt, for what they’ve achieved as a young team, and Atomology, a group of passionate researchers, and this quite literally trillion dollar idea.”
And with that, the fifth INCUBATE Demo Day wrapped up a dynamic set of pitches, with the night spilling into a networking session over drinks.
Watch the pitches: http://get.jumpcut.io/video?id=1Sm
The most recent summer program saw eight teams in a 14-week program over December and January, facilitated by workshops and mentors to deal with customer development, product development, strategic, and financial hurdles involved with starting a startup.
CricketPredict is an app that exclusively uses mobile technology to predict injury risk in Cricket. It analyses sleep patters, diet, psychological stress, fitness and workload to give a real-time prediction injury risk to the coaches on the go.
Food Pod connects farmers directly with families in the local community (POD) to access locally grown, sustainable and freshly ‘picked the day before’ fruit and vegetables.
STEMN stands for Science, Technology, Engineering and Mathematics Network. STEMN makes project research easy by centralising information into a network linking people, parts and projects.
Docit lets consumers find, book and organise appointments for service based businesses.
Jumpcut is focused on creating a more enjoyable online video viewing experience for content creators and their audiences.
Cue prompts patients to arrive at a time that means they don’t have to wait. Cue provides current and estimated walk-in wait times, notifications of appointment delays and patients’ progress in a virtual queue after check-in.
Sonder’s dynamic keyboard is the keyboard of the 21st century, revolutionising the way we connect with computers.
3D atomic resolution microscope. Think small to think big.