In 2017, Techstars launched its first accelerator in the Asia Pacific region, in Adelaide, Australia, focusing on technologies specific to the security and defence industry. 56 countries were represented in applications, with technologies ranging from counter-UAV to big data. The first class of Techstars Adelaide featured companies from the United States, India, New Zealand; Australia was also well represented in the first batch of startups–six of the ten participating companies were Australian, three of the six were from Adelaide.
During the 13-week program each of the 10 companies gained the opportunity to work directly with defence partners: Boeing Defence Australia, Saab Australia, Thales and Codan Defence Electronics. The partnerships offered direct insight into the defence market and access to mentorship from the c-suite of each of the partner organizations.
In addition to working with the program partners, the startup founders worked with 50+ highly skilled mentors from Australia’s Startup Ecosystem. The business and industry acumen brought to the program by this network helped founders to rapidly scale and to address business issues through the 3-months of acceleration.
2017 Class Results
Success comes in many shapes and forms and we’ve seen some serious progress from each of the companies since Demo Day in October. Since the end of 2017, three of the class’ companies have raised capital, multiple have initiated statements of work with partners in South Australia, and one has set plans to open an additional office, and hire, in Adelaide.
Adelaide’s Position for Success
Adelaide is set to become a global centre of excellence for defence and security over the next decade. Techstars Adelaide offers a unique opportunity for startups to access a niche market and work directly with some of the world’s leading defence primes.
With applications opening for our 2018 program, we’re searching for 10 early stage companies specializing in drones, Internet of Things (IoT), big data, cyber security, sensors, and robotics to develop and commercialize tomorrow’s most successful products in security and defence.
We’d love to hear from you! Over the next few months, the Techstars Adelaide team will be visiting cities around the world, broadcasting a series of webinars, organizing virtual-office hours for teams and founders (in-person hours in select locations), and hosting meetups to share insights on the Techstars approach.
We are interested in getting to know you, no matter where you are in the world, so the virtual office hours are available globally. Request a slot through the sign up form here, and we’ll promptly follow up with available times to book.
In Person Events
Here’s a list of cities we’ll be recruiting in over the next few months (dates and information to be added soon). A face-to-face always seems more productive, let’s meet! Please fill out this form if you’d like to meet at one of the below locations.
- Perth, WA
- Melbourne, VIC
- Adelaide, SA
- Brisbane, QLD
- Sydney, NSA
- Canberra, ACT
- Auckland, NZ
- France (Toulouse, Paris)
- Germany (Munich, Berlin)
- Tel Aviv, Israel
Unable to meet us at any of the above locations, no worries! Sign up for virtual office hours here.
Want to learn more about Techstars Adelaide? Watch this webinar!