Techstars Adelaide is our first APAC-based accelerator in Australia. The program supports startups advancing innovative applications in IoT, big data, sensors and robotics, with potential to develop and commercialize technologies connected to the defense and security sectors. Defense research has driven some of the most transformative consumer innovation in the world including the internet and GPS. Adelaide is a tech-forward city that is building sophisticated infrastructure for startups.
We fund technology oriented companies, typically web-based or other software companies, but we’ve funded companies that don’t quite fit that mold as well. We’re also looking for companies that can have national or worldwide reach. Specifically, we don’t fund biotechnology companies, restaurants, consultancies, or other local service oriented companies.