- Angel investor group Innovation Bay is opening a Brisbane chapter
- Horizon is transferring to agnostic deal movement
- Queensland founders can apply to pitch by way of Dealum
Innovation Bay, the longest-running group for know-how startups, scale-ups and traders in Australia and New Zealand, is launching in Queensland in 2023.
Horizon, the 20-year-old organisation’s angel investor group, has Sydney and Melbourne chapter collectively investing in over a dozen of the nation’s most enjoyable tech firms.
In line with founder hustle, Horizon will maintain its first investor day in Brisbane on February 15-16, with three Queensland-based startups, chosen by Innovation Bay, making the pitches on how they’ll change the world.
Phaedon Stough, Innovation Bay’s CEO and cofounder stated they have been thrilled to be opening as much as members based mostly in Brisbane and Queenslands at giant.
“Innovation Bay is coming into our twentieth yr in 2023 and we’re so thrilled to be formally widening the scope of our group to Queensland traders and founders,” he stated.
“On the founder facet, we’re seeing a heap of superior potential coming by way of from the area and we’re tapped into the traders there as nicely. There’s a lot to look ahead to and as we divulge heart’s contents to agnostic deal movement, we all know we’re going to see a lot extra in the best way of thrilling offers.”
Stough stated that until now, Innovation Bay pitch occasions heard from startup founders inside a predefined vertical – be it proptech, healthtech, edtech or fintech.
Subsequent yr they’ll transfer to fixed agnostic deal movement and are actually accepting purposes to pitch from any sector, in any location nationwide, at any time.
On high of that, Innovation Bay’s enterprise capital group, often known as Aurora,, will take round 100 of the nation’s greatest and most lively VC’s to the Gold Coast for his or her annual Aurora Retreat.
“In a partnership between Innovation Bay, Advance Queensland and the Workplace of the Queensland Chief Entrepreneur, the retreat will incorporate a startup showcase the place a choose group of founders of the area’s most promising firms could have their probability to pitch to the VC group, plus a handful of South East Queensland’s most dynamic excessive internet value traders,” Stough stated
EduVidd founders Kaitlyn Sapier, pitched at an Innovation Bay occasion in Sydney final September and stated it gave the enterprise huge impetus.
“Innovation Bay and Horizon supercharged my founder journey by connecting me with unimaginable mentors and traders, permitting me to boost 600k in a really short-time interval that will have in any other case taken me 6-9 months by myself,” she stated.
Founders from any sector trying to elevate are inspired to arrange a Dealum profile and apply to pitch to Innovation Bay’s investor communities.
Whereas Queensland is the main focus from now till March, Stough stated Innovation Bay’s deal movement funnel is at all times open and taking purposes right here.