Thursday, December 14, 2017
Wednesday, December 13, 2017
Wednesday, December 06, 2017
Contact the team at
BSI Innovation Pty Ltd
Level 7, 14 Martin Place, SYDNEY NSW 200 (02) 9126 9100
- Starbucks chairman Howard Schultz
- Fashion designer Tory Burch
- Bridgewater Associates founder Ray Dalio
- Quicken Loans founder Dan Gilbert
- KKR co-founder Henry Kravis
- Carlyle Group co-founder David Rubenstein
- Financier and philanthropist Michael Milken
- Kleiner Perkins Caufield & Byers chairman John Doerr
- Breyer Capital founder Jim Breyer
- Napster co-founder and former Facebook president Sean Parker
- Spanx founder Sara Blakely
- Tampa Bay Lightning and the Tampa Bay Storm owner Jeff Vinik
- Banker Byron Trott
- Goldman Sachs leader director Adebayo Ogunlesi
- and members of the Walton, Koch and Pritzker families
Tuesday, November 28, 2017
Here are some of the reasons why you should consider invest in Latin America:
* A USD$4.8 Trillion economy
* Over 600 million citizens
* A growing middle-class
* A vast supply of human talent
* Abundance of natural resources
* Has one of the largest automotive sector
* Expansion of resources sector, including mining, oil, gas, and forestry
* Non-conventional renewable energy sources
* Arabic beans and much more ...
#Mexico #Argentina #Peru #Colombia #Brazil#Chile #Belize #Ecuador #Panama #LatinAmerica#Latin #Culture #Business #America #Australia#Europe #Asia #NoemiBarrazueta #CGStrategies#GlobalBusiness #InternationalBusiness #LinkedIn
What do you think?
Thursday, November 23, 2017
Wednesday, November 22, 2017
DOMINIC POWELL / Tuesday, November 21, 2017
Sydney-based medical tech startup HealthMatch has won Australia’s first ever TechCrunch Startup Battlefield, winning $25k and a whole lot more!
HealthMatch was founded by Manuri Gunawardena and Arran Schlosberg in 2016, after Gunawardena realised there was a need for an easier way for patients to be matched with clinical trials for new treatments and products.
“I was in my final year of med school working in a brain cancer lab manually helping patients find clinical trials when I realised there was a need for something like HealthMatch,” Gunawardena tells StartupSmart.
“We wanted to get rid of the inefficient manual process, as often patients would have to fill out hundreds of forms to see if they’re eligible and a lot of the time the questions overlapped.”
“It was repetitive for patients to do, but not for algorithms and machine learning.”
With Gunawardena heading up the medical know-how aspect of the business, she pulled co-founder Schlosberg into the mix to deal with the tech side, as “doctor turned software engineer”..
Fifteen startups were picked to pitch at an event held last Thursday before a panel of Australian startup heavyweights, including Blackbird Ventures’ Samantha Wong, Canva founder Melanie Perkins, Blue Sky VC Elaine Stead, and Airtree Venture Capital’s James Cameron.
“It was a great opportunity to be able to have that level of exposure on a global stage – they told us about 500,000 people were watching it worldwide.”
The team has also won an all-expenses-paid trip to San Francisco to pitch at TechCrunch’s flagship Disrupt SF 2018 event, which has helped birth startups like Dropbox and Yammer.
But that isn’t the only opportunity the founders have landed from the event, with Gunawardena saying numerous company founders and mentors chased down the pair after their win, offering “advice, connections, and some great business opportunities”.
This included Mint.com founder Aaron Patzer, which Gunawardena said was looking to “potentially invest”.
“It’s been a fantastic validation of our idea and business model,” she says.
The co-founders will be looking to build that validation out further through a seed round they’re looking to raise next year, while the $25,000 from TechCrunch will be used to help build out the company and to look at hiring staff.
Gunawardena says the startup also wants to look for expansion into other markets, saying Australia is a great place to start, but HealthMatch wants to “bring those innovations to other markets”.
“We want to start going global in the next year, along with growing the number of medical conditions patients can choose from on the platform. Right now we have 12 conditions listed, but we want to put up some more of the rare diseases,” she says.
For other startups keen to get pitching, Gunawardena advises careful consideration and validation of your idea before plonking it in front of investors, saying the number one thing to do is “test the market”.
“Validate what you’re creating and show that your customer will want the thing you’re making. We spoke to a lot of pharmaceutical companies, even though we knew it was a problem for patients, we had to see if it was a problem the companies were facing too,” she says.
“The pitching process was a great opportunity to learn how to structure our pitch – covering all the elements investors are interested in including the market, the business model, the sales strategy. It was good to learn that on a higher level.”
Watch HealthMatch’s pitch here.
Australian blockchain startup Power Ledger is looking at a new stage of growth in the wake of its $34 million initial coin offering after being named one of the recipients to gain funding in an $8 million government smart cities grant.
Announced this week, the energy trading business joined other recipients, including Curtin University, Murdoch University, CSIRO/Data61, and CISCO with the funding used to trial a blockchain-powered distributed energy and water system in the Fremantle. The government will directly contribute $2.57 million in funding with the additional $5.68 million funded through the project’s partners.
Along with rolling out a trial program, the project will be looking into how cities can effectively use blockchain technologies to moderate energy and water usage. Additionally, the storage and distribution of power will be done through a “community-owned battery”, which Power Ledger co-founder Jemma Green says one part of the company’s part of the grant will go towards purchasing.
“Power Ledger has received $1.3 million from the Department of Prime Minister and Cabinet, and part of those proceeds will go towards purchasing a battery, and part of it will be used to fund the development of the application platform,” she says.
Power Ledger completed its raise of $34 million via one of Australia’s first successful initial coin offerings in October, issuing 540 million POWR tokens to participants who contributed digital currencies such as Ethereum or Bitcoin.
POWR token skyrocketing
Since the raise completed, the POWR tokens have been launched onto online cryptocurrency exchanges such as Bittrex and Binance. According to cryptocurrency price trackers, POWR tokens have seen an increase of approximately 800% since their launch into secondary markets, with the token being worth 55 US cents (73c) at time of publication.
Power Ledger’s founders and developers were allocated 150 million POWR tokens via escrow contract as part of the token sale. Those tokens are now worth approximately $109 million, with an additional $182 million locked in a separate development escrow contract for use “if needed”.
Green says the company is “honestly delighted” with the market’s response to the project, believing it was the company’s ability to demonstrate its product offering stoked investor confidence.
“We’re honestly delighted with the market’s response. Many companies do ICOs with concepts when they haven’t actually developed the platform, where we have a platform with real-life applications,” she says.
While Green was tight-lipped on future online market launches for the token, she was pleased to see “a lot of liquidity” in the secondary market.
The company is looking to roll out further applications for the POWR token, with Green saying that is one of the company’s main focuses. One such potential application, as identified by the project’s whitepaper, would be allowing customers to donate POWR to sustainable energy projects or charities, with an aim of “driving sustainability”.
“As the Ecosystem user-base grows, the demand for POWR tokens will likely increase,” reads the whitepaper.
“We’ve got a pipeline of projects we’re working on which will hopefully see an increase of utilisation for the POWR token. That’s the focus of the business – create projects which will increase the use of the POWR token,” Green says.
Investment a sign of confidence for Aussie blockchain startups
The company and its academic partners put in the submission for the smart cities grant over six months ago and are all “delighted” to see it come to fruition. Green believes while this is not only a boon for blockchain tech in Australia, it’s also a signal the federal government is embracing innovation.
“We are really delighted to see the federal government supporting Australian innovation, and recognising the role blockchain can potentially play for more resilient and efficient ecosystems,” she says.
With Australia having some of the highest electricity prices in the world, Green says it makes sense the government would be looking to ways to make the electricity system more efficient, calling the price of electricity a “hot topic”.
“Tech like the blockchain will be deployed in these areas sooner than any other part of the world, and Australia is in the position to be a fantastic testbed and a market leader,” she says.
* The author of this article has a small stake in POWR tokens.
Tuesday, November 21, 2017