Telstra picks 10 Aussie startups to mentor through muru-D

Summary:A gym-equipped workspace, AU$40,000, and access to Telstra experts are among the benefits selected startups will receive.

Telstra's startup accelerator program, muru-D, has picked 10 teams that it will mentor over the next six months.

The accelerator was launched last year, with Pollenizer co-founder Mick Liubinskas brought on board to help run the program.

Like most accelerator programs, it provides a place to work, money, and advice in return for equity. In muru-D's case, these are in the form of a gym-equipped co-working space in Paddington, AU$40,000, access to Telstra experts and networking, and an equity stake set at 6 percent.

The first round of the program was judged by Twitter online sale managing director for Asia-Pacific Aliza Knox and Artesian Ventures managing partner Stuart Fox.

Telstra's list of winners are:

  • Chatty Kidz — a video chat platform for global families using educational content to engage the kids
  • Class Cover — an online platform for schools that automates the real-time sourcing and booking of casual teaching cover
  • Farmbot — a revolutionary new monitoring system for farms
  • Limerocket — a social games network, connecting smartphones to digital screens to enable multiscreen games
  • Momentum Cloud — Australia's leading provider of cloud-based performance and reporting software for schools and childcare centres
  • Open Learning — a social platform to facilitate traditional e-learning practices
  • Pixc — a high-volume image editing service for e-commerce stores
  • Safesite — a revolutionary safety management system, saving time, money, and improves safety on building sites
  • Vistr — SaaS CFO: Helping SMBs better manage their finances and grow profits
  • Zed Technologies — a software and workflow solutions developer that enables Radiology Departments to work more effectively.

At the end of the program, each of the startups will have the opportunity to present to media and investors to help gain investors beyond the help of the accelerator.

"I'm confident the first group to enter the program is only the beginning to unearthing some of the most exciting technology companies Australia has to offer. This opportunity could be life changing for the successful finalists, and we just can't wait for things to get started," muru-D program co-founder Ann Parker said in a statement.

Topics: Start-Ups, Australia, Telstra

About

A Sydney, Australia-based journalist, Michael Lee covers a gamut of news in the technology space including information security, state Government initiatives, and local startups.

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