BSI Innovation blogs about Innovation, Money, Venture Capital, Grants, Exports and Research and Development (R&D)
Alliance Partners
Monday, October 21, 2024
A kinde of unicorn in the making!!
Saturday, October 19, 2024
Celebrating Innovation: Congrats to The Australian's 2024 Top 100 Innovators
Congratulations to the brilliant minds behind The Australian's 2024 Top 100 Innovators.
This year's list showcases an inspiring range of pioneers across medicine, healthcare, energy, technology, e-commerce, art, and more.
Each of these leaders has pushed the boundaries of innovation, transforming industries and creating real impact in Australia and beyond.
From life-saving advancements in healthcare to groundbreaking developments in AI, energy sustainability, and digital technologies, these innovators represent the bold, ambitious spirit that drives progress.
They are at the cutting edge of innovation - solving complex challenges, improving lives, and shaping a better future for all of us.
A few notable mentions from this year’s list include:
- Lydia O'Donnell and Esther Keown, co-founders of Femmi, have created the world’s first running app that tracks menstrual cycles and provides tailored training advice, transforming women's health in sports.
- Farzaneh Ahmadi of Laronix, whose work in voice-cloning technology gives a voice back to those who have lost theirs.
- Mark Waller and Jingjing Guo, co-founders of Pending AI, who are using AI to revolutionize drug discovery and development, significantly speeding up the process.
- Bevan Slattery, founder of NEXTDC, a leader in the data center space, continues to drive digital infrastructure growth both in Australia and the Asia-Pacific region.
Celebrating Pioneers Across Industries -making waves in the tech and social impact spaces:
- Michelle Deaker, founding partner of OneVentures, who has been instrumental in financing transformative healthcare and tech innovations, accelerating their growth and real-world impact.
- Adam McCurdie and Joshua Ross, co-founders of Humanitix, a revolutionary event ticketing platform where 100% of profits go toward educational projects. Their social enterprise model is a shining example of how business can drive positive change in the world.
- Michael Biercuk, founder of Q-CTRL, whose work in quantum computing is improving the stability and functionality of quantum technology. His AI software is helping industries like biotechnology, logistics, and cybersecurity harness the power of quantum.
To all 100 innovators, your work is inspiring the next generation of innovators focussed on changing the world for the better.
Thanks for inspiring and helping our world be brighter, more sustainable, and more equitable for all
#innovation #leadership #technology #entrepreneurship #sustainability #top100innovators #theaustralian #healthcare #AI #startups #australiainnovation #OneVentures #Humanitix #QCTRL
Here is a categorized list of names and their companies from The Australian's 2024 Top 100 Innovators:
Medicine & Healthcare
- Lydia O’Donnell - Femmi
- Kavita Nadan - Locumate
- Farzaneh Ahmadi - Laronix
- John Fraser, Kristy Short, Arutha Kulasinghe - University of Queensland
- Mark Waller, Jingjing Guo - Pending AI
- Daniel Timms - BiVACOR
- Alison Todd, Elisa Mokany - SpeeDx
- Doug Ward - Lumos Diagnostics
- Hugh Paterson, Michael Vallely, Paul Bannon, Ashish Mitra - Sydney Heart Valve
- Grace Brown - Andromeda
- Hon Weng Chong - Cortical Labs
- Paul Ekert, Chelsea Mayoh - Children’s Cancer Institute
- Tom Oxley, Nicholas Opie - Synchronon
- Alex Naoumidis, Chris Naoumidis - Mindset Health
- Kai Van Lieshout, Linus Talacko - Lyrebird Health
- Aiden Roberts, Will Pamment - SimConverse
- David Hoey - Vaxxas
- Peter Vranes, Hitesh Mehta - Nutromics
- Santosh Verghese, Rhys Parker - SA Health
- Scott Kirkland, Stuart Crozier - EMVision
Art & Design
- Jeremiah Siemianow, Brandon Crimmins, Alan Jin - Surreal
- Ward Williams, Thananjeyan Shanmuganathan - Seminal
- James Cuda - Procreate
Energy
- William Jeremijenko, Ruby Jones - Aquila
- Daniel Danilatos - Neara
- Dean Spaccavento - Reposit Power
- Christiaan Jordaan, Drew Minett - Sicona
- Lewis Dunnigan - Bygen
- Chris King - Splend
- Raj Bagri - Kapture
- Lisa Marsh - Elumina
- Andrew Birch, Adam Pryor - OpenSolar
- Dan Adams, Chris Thompson - Amber Electric
- Paul Sernia, Sarbjit Giddey - Endua
- Bex Rempel, Neil Mans - ZeroJet
- Pete Tickler, Fabian Le Gay Brereton - GridCog
Fintech & Finance
- Ada Guan - Rich Data Co
- Michelle Deaker - OneVentures
- Spiro Rokos, Paul Weingarth - Slyp
- Alex Badran, Mario Hasanakos - Spriggy
Software & Tech
- Keaton Okkonen - Black.ai
- Todd Ryall - Tantsissa
- Geoff Sizer - Genesys Electronics Design
- Amy Benson - Diolog
- Marc Washbourne - ReadyTech
- Prem Naraindas - Katonic.ai
- Michelle Simmons - Silicon Quantum Computing
- Thom Mackey - Atticus
- Numa Bertron, Zac Duff - JigSpace
- Michael Biercuk - Q-CTRL
- Aengus Tran - Harrison.ai
- Dave Elkan, Nick Muldoon - Easy Agile
- Mark Hartmann - Snapi
Manufacturing
- Adam Jones - CLT Toolbox
- Eric Peck, Joshua Tepper - Swoop Aero
- Charlie McGill, Shaun Oosthuizen, Huanting Wang - ElectraLith
- Amanda Siqueira, Michelle Aguilar - VAPAR
- Bevan Slattery - NEXTDC
- Jekaterina Viktorova, Luke Connal - Syenta
- Dave Budge - Jaunt Motors
- Kyle Hardman, Christian Freier, Paul Wigley - Nomad Atomics
- Heba Khamis - Contactile
Retail & E-commerce
- Danielle Johansen - Threadicated
- Adam McCurdie, Joshua Ross - Humanitix
- Hannon Comazzetto - AirRobe
- Zac Leigh, Jason Webb, Denis Mysenko - Tixel
Space
- Chris Shaw - Advanced Navigation
- Peter Schultz, James Schultz, Patrick Neumann - Neumann Space
- Michael Smart, David Waterhouse - Hypersonix
- Matt Ryall, Dominik Daners - Mawson Rovers
- Will Crowe, Hiranya Jayakody - HEO Robotics
Cybersecurity
- Rachael Greaves, Gavin McKay - Castlepoint Systems
- Michelle Price - Consultant (formerly AustCyber)
- Ashwin Ram - Check Point Software
- Shantanu Kulkarni, Tim Thacker, Tony Mao - Nullify
- Dali Kaafar - Apate.ai
- Casey Ellis - Bugcrowd
Travel
- Justin Hales - Camplify
- Marlon Law, Nathan Sampimon - Riparide
Food & Agriculture
- Remo Carbone - MEQ Solutions
- Jan Pacas - All G Foods
Impact
- Barb Hyman - Sapia.ai
- Sarah Jones - Sydney School of Entrepreneurship
- Jodi Geddes, Kate Pollard - Circle In
- Colette Grgic - Amazon Web Services (AWS)
Dr Michelle Deaker’s One Ventures has been recognised by her peers as fund of the year in 2024
2 legend of Australian Venture Capital Michelle Deaker and Larry Marshall chat as Michelle’s OneVentures Team is recognized by her peers as Fund of the Year, and was recognised as one of Australia’s top 100 innovators by the Australian
Dr Michelle Deaker had the courage & determination to build her own VC firm during the GFC of 2008 and her team is now raising their 7th fund!!
Larry says it’s a testament to the power of the Aussie entrepreneur, the power of thinking and being different, and why the best VCs start as entrepreneurs and live the pain and the joy of their investees.
One Ventures vision was and still is, to empower innovators whose breakthroughs have the potential to transform industries and improve lives on a global scale.
Congratulations to all the Innovators recognised as the top 100 innovators of the year Complete list here
Andy Kuper celebrates a massive success with Leapfrog
Another win for Australian Innovation on the global stage!!
Canva buys Leanardo to create massive synergies on creativity and AI
The power of having a successful startup like Canva - and now a whale -as part of our Australian Ecosystem - has clocked another win for Australian Innovation! .
In July 2024, Canva acquired Leonardo.ai, a generative AI content and research startup, to enhance its suite of AI-powered design tools.
Cameron Adams of Canva said the deal represented two Australian companies joining forces to bring “world-first breakthroughs in AI and creativity”.
The 120 employees of Leonardo.ai led by founder JJ Fiasson had rapidly expanded its user base, amassing over 19 million users and facilitating the creation of more than a billion images.
Canva and Leonardo declined to disclose the price tag, but sources with knowledge of the deal told afr that it was higher than Leonardo’s last funding round valuation, which was understood to have been $US80 million ($122 million).
Its investors, including Blackbird Ventures, had described it as the “next Canva”.
What Leanardo does
It has built a generative AI platform that is used to make images and 3D model textures from a written prompt, challenging rivals like OpenAI’s DALL-E, Midjourney, Scenario and Stable Diffusion.
It has proven particularly popular with video game designers, product designers and architects.
The deal and the backstory
Canva’s founders Melanie Perkins, Cliff Obrecht and Cameron Adams had been chatting with Mr Fiasson about product collaboration, after Leonardo had launched its foundational AI model Phoenix.
Leonardo is less than two-years-old, and had raised $US31 million from investors including high-profile Canva investor Blackbird Ventures last December who own 28pc of the company
The Opportunity
The acquisition opens up the market to 200m customers - Eliza H from Leanardo tells the AI hackers at sxsw2024 as she is recruiting for 25 engineers and ai enthusiasts to join Leanardo in their brand new offices in North Sydney!
Tuesday, October 15, 2024
Another home run for the Australian Venture Evosystem with “Waave” being acquired by “Banked “
A technology called “ Pay by Bank” that uses QR codes, and widely used for payments in Asia, including China and Thailand and is coming to Australia and USA with Waave which has just been acquired by Banked led by CEO Brad Goodall.
This acquisition is another home run for the Australian fintech startup ecosystem and a great exit by founders Ben Zyl Peter Traianou Mark C., who has been guided and seeded by the legendary Paul Geeenberg.
The deal was oiled with the opportunity of Chemist Warehouse adopting this Waave technology. Chairman Jack Gance says that it will reduce card fees by up to $15m per annum , that they can pass on to their customers
Harris Farm Markets and Baby Bunting are also Waave. Woolworths is working with another fintech, Zepto, to use the PayTo system to connect to customer bank accounts.
NAB is also onboard with a view to making Pay By Bank available to all its business customers.
James Eyers of AFR headlines Chemist Warehouse goes to war with card fees – using QR codes
How do customers use Waave?
Setup takes around 30 seconds.
Customers photograph a QR code for the first time are directed to a Waave webpage on their phone, to set up the “mandate” that links the bank account to the retailer’s.
Once enabled, customers won’t need a card, just their mobile phone. There’s no need to create an account or use another app. Rather, purchasers will take a picture of a QR code displayed on the payment terminal and authorise the payment by tapping a button on their handset.
“The job now is to get the best consumer experience Cx , so you can let the customer open the mandate.” Says Brad
Is this payment gateway the way of the future?
Johan Westh, a NAB executive for transaction banking, described Pay By Bank as a “cost-effective payment option that can improve cash flow and reduce fraud risk for businesses while providing a faster, more secure and enhanced payment experience for consumers.”
Brad Goodall’s prediction - which I think he is on the money
“If we can nail the onboarding CX (consumer experience) Pay by Bank will overtake other payment methods in the coming years globally. It will be seen as a low-cost option over time, and won’t be more expensive than debit,”