Spacecubed has announced the names of the six startups have passed through to the final phase of this year’s Plus Eight Accelerator program, and will gain access to a seed funding pool of $500,000.
Launched in 2016, Plus Eight is a six-month program that aims to find the best new crop of WA startups, and back them with funds, mentorship and advisory services. Each of the six will get to pitch at the Demo Night during West Tech Fest in December.
To date, the program has invested $1.5M in startups, facilitated an additional $15M in follow-on investment, has a portfolio valuation of over $91M with local startups, and has a community base of 6,638 of local founders, SME’s and corporates.
All the startups on phase one of the program got to pitch to program partners from Spacecubed, BetterLabs, Woodside Energy, Capricorn Society, Eastcourt, Hawaiian, Visagio, Radium Capital, Jackson McDonald and DFK Gooding Partners.
“This year, we’ve had amazing pitches from passionate founders who truly believe their startup will make a difference – It is fantastic to see the variety of startups the Plus Eight program is supporting, from sustainability to injury prevention to gaming.” James Edwards, RAC General Manager of Strategic Innovation shared.
Hit for Six!
The six chosen startups are:
Arbela (main image above)
Arbela is a decentralised autonomous organisation that invests in community generated ideas and provides strong incentives to contributors whilst maintaining full transparency. They have a high-value investor network and a strong brand reputation, and can verify credentials and track records while preserving anonymity to the rest of the community. Arbela aims to cater to investment communities and young people, which the current financial system ignores, filling a viable gap in the market.
Bobbleware
Bobbleware is a retail brand that sells reusable tumblers specifically designed for bubble tea. Their mission is to promote sustainability awareness in popular bubble tea drinking culture around the world, and they do this via Bobbleware, which is a sustainable alternative to singe-use plastic cups.
Ascend Labs
Ascend Labs offers a small portable device in the sport science space that is used to perform isometric strength testing for athletic monitoring. The device is compatible with existing equipment and allows strength testing in sport specific positions, horizontal and vertical testing, and isolated and compound movements. Ascend Labs is able to offer users the same level of scientific strength testing used by some of the most elite organisations in the world to provide accurate and measurable outcomes.
OneBase
OneBase is an integrated software/IoT platform that develops customised treatment protocols holistically for clients. A complex med tech system, OneBase uses algorithms to recommend treatment protocols for clients based on existing products they already have, and makes recommendations for any future products they may need. Additionally, OneBase will connect users with practitioners to offer more personalised advice.
Paperly
Paperly is an all-encompassing, cloud based education platform. Paperly’s platform develops functionality, which improves a school’s operational and management capability, and hosts modules built for schools by people who work in schools. Paperly is a single platform that is secure and hosts live data, workflows and integration.
Three Little Pixels
Three Little Pixels is an indie gaming marketplace where members come together to combine experience in broadcasting, content creation, games and esport journalism, and tech support and development.
~~
Spacecubed is a sponsor of Startup News.
Check out the West Tech Fest here. It’s on 4th to 9th December this year.
