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Industry | startup accelerator |
---|---|
Founded | 2013 |
Founders | |
Headquarters | , |
Number of locations | 3 (2017) |
Key people | Julie Trell (Head) |
Parent | Telstra |
Website | www |
muru-D is an Australian startup accelerator founded in 2013. It is backed by the Australian telecommunications company Telstra. To date, over 44 startups have been through the program, with 42 still in operation. [1]
Telstra Corporation Limited is an Australian telecommunications company which builds and operates telecommunications networks and markets voice, mobile, internet access, pay television and other products and services.
muru-D, stylised with a lowercase 'm', is derived from the Sydney Aboriginal Eora word ‘Muru’, meaning ‘path’, and 'D' standing for digital: ‘path to digital.' [2]
muru-D is currently based in 3 locations (Sydney, Singapore and Melbourne), with partner programs in Perth at Spacecubed and Brisbane at River City Labs. [3] They also have space in Telstra's San Francisco office, providing alumni with US customer and investor connections. [4]
Aboriginal Australians are the various indigenous peoples of the Australian mainland, Tasmania, and often the Tiwi Islands. This group contains many distinct peoples that have developed across Australia for over 50,000 years. These peoples have a broadly shared, though complex, genetic history, but it is only in the last two hundred years that they have been defined and started to self identify as a single group. The definition of the term "Aboriginal" has changed over time and place, with the importance of family lineage, self identification and community acceptance all being of varying importance. In the past, Aboriginal Australians lived over large sections of the continental shelf and were isolated on many of the smaller offshore islands when the land was inundated at the start of the inter-glacial. However, they are considered distinct from the Torres Strait Islander people, despite extensive cultural exchange.
The Eora(Yura) are an indigenous Australian people of New South Wales. Eora is the name given by the earliest settlers to a group of indigenous people belonging to the clans along the coastal area of what is now known as the Sydney basin, in New South Wales, Australia. Contact with the first white settlement's bridgehead into Australia quickly devastated much of the population through epidemics of smallpox and other diseases. Their descendants live on, though their languages, social system, way of life and traditions are mostly lost.
Sydney is the state capital of New South Wales and the most populous city in Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Port Jackson and extends about 70 km (43.5 mi) on its periphery towards the Blue Mountains to the west, Hawkesbury to the north, the Royal National Park to the south and Macarthur to the south-west. Sydney is made up of 658 suburbs, 40 local government areas and 15 contiguous regions. Residents of the city are known as "Sydneysiders". As of June 2017, Sydney's estimated metropolitan population was 5,230,330 and is home to approximately 65% of the state's population.
muru-D was founded by Annie Parker and Mick Liubinkas in October 2013 after Telstra recognised that it needed to be more involved in the tech startup scene. [5] It was officially opened by current Prime Minister of Australia, Malcolm Turnbull.
The prime minister of Australia is the head of government of Australia. The individual who holds the office is the most senior minister of state, the leader of the federal Cabinet. The prime minister also has the responsibility of administering the Department of the Prime Minister and Cabinet, and is the chair of the National Security Committee and the Council of Australian Governments. The office of prime minister is not mentioned in the Constitution of Australia but exists through Westminster political convention. The individual who holds the office is commissioned by the governor-general of Australia and at the governor-general's pleasure subject to the Constitution of Australia and constitutional conventions.
Malcolm Bligh Turnbull is an Australian former politician who was the 29th Prime Minister of Australia from 2015 to 2018. He served twice as Leader of the Liberal Party, firstly from 2008 to 2009 when he was also Leader of the Opposition, and a second time from 2015 to 2018. He was the MP for Wentworth in the House of Representatives from 2004 to 2018.
In 2015, muru-D expanded operations to Singapore due to its "fast-developing start-up ecosystem, pro-business policies and access to local capital." [6]
Singapore, officially the Republic of Singapore, is a sovereign island city-state in Southeast Asia. The country is situated one degree north of the equator, at the southern tip of the Malay Peninsula, with Indonesia's Riau Islands to the south and Peninsular Malaysia to the north. Singapore's territory consists of one main island along with 62 other islets. Since independence, extensive land reclamation has increased its total size by 23%.
At the end of 2016, Annie Parker left muru-D and was replaced by ex-Salesforce executive, Julie Trell. [7] [8]
In 2017, muru-D altered its funding model to be more founder friendly and attract later-stage startups. [9] It also launched its new IoT themed space in Melbourne, based at Telstra's Gurrowa Labs. [10]
Singtel Optus Pty Limited d/b/a Optus is the second largest telecommunications company in Australia and is a wholly owned subsidiary of Singaporean company Singtel. The company primarily trades under the Optus brand, while maintaining several wholly owned subsidiary brands, such as Virgin Mobile Australia in the mobile telephony market, Uecomm in the network services market and Alphawest in the ICT services sector.
TechnologyOne Limited is an Australian enterprise software company. TechnologyOne was founded in 1987 in Brisbane, Australia. It is listed on the Australian Securities Exchange with the symbol TNE and is a constituent of the ASX 200 index.
Techstars is an American seed accelerator founded in 2006 in Boulder, Colorado. As of 2019, the company had accepted over 1,600 companies into its programs with a combined market capitalization of $18.2bn USD. Less than 1% of applicants are accepted.
Pacnet was a global telecommunications service provider between 2008 and 2015. It was formed from the operational merger of Asia Netcom and Pacific Internet on 8 January 2008. It was owned by a private investor group comprising Ashmore Investment Management Limited, Spinnaker Capital Limited and Clearwater Capital Partners. Its acquisition by the Australian telecommunications company Telstra was announced at the end of 2014, and completed in April 2015.
Silicon Laboratories, Inc. is a fabless global technology company that designs and manufactures semiconductors, other silicon devices and software, which it sells to electronics design engineers and manufacturers in Internet of Things (IoT) infrastructure, industrial automation, consumer and automotive markets worldwide.
Redbubble is a global online marketplace for print-on-demand products based on user-submitted artwork. The company was founded in 2006 in Melbourne, Australia, and also maintains offices in San Francisco and Berlin.
StartX is a non-profit startup accelerator and founder community associated with Stanford University.
Airtasker is a Sydney-based Australian company which provides an online and mobile marketplace enabling users to outsource everyday tasks. Users describe the task and indicate a budget, community members then bid to complete the task.
Startupbootcamp is a network of industry-focused startup accelerators. It was founded in 2010 and now operates globally with 20+ industry-focused programs in key locations including San Francisco, Amsterdam, Cape Town, Chengdu, Berlin, Dubai, Hartford, Istanbul, Rome, London, Melbourne, Miami, Mumbai, Mexico City, New York, and Singapore. The co-founders are Alex Farcet, Carsten Kolbeck, Patrick de Zeeuw, and Ruud Hendriks. Since launching, Startupbootcamp has accelerated over 600 startups of which 78% went on to receive funding. Startupbootcamp startups received an average of €582,438 in investment.
The Alchemist Accelerator is a venture-backed business incubator focused on accelerating startups whose revenue comes from enterprises. The accelerator backs teams with distinctive technical founders, and provides startup capital investments of around $60k. The program includes a structured path to sales, customer development and fundraising, along with mentorship and a community of founders. The Alchemist Accelerator is backed by: Draper Fisher Jurvetson, Khosla Ventures, US Venture Partners, Foundation Capital, alongside strategic corporate investors: Cisco Systems, SAP Ventures, and Salesforce.com. The accelerator seeds around 40 enterprise-monetizing ventures per year.
Tammy Barton is an Australian entrepreneur and the founder of MyBudget.
Steve Baxter is an Australian investor, entrepreneur. He was one of the 'sharks' on the Australian television series Shark Tank.
My Pet Warehouse is an Australian retailer of pet supplies. It was founded in 2009 by Philip Bartholomew and it operates from thirteen locations. The company offers a variety of specialty pet supplies and accessories. As of 2015, it is the largest online retailer of pet supplies in Australia with $33 million annual revenue.
Seek Limited and its subsidiary companies, known as the Seek Group, focus on facilitating the matching between jobseekers and employment opportunities and helping hirers find candidates for advertised roles
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Oswald Labs is an India and Netherlands-based accessibility technology company that builds products for individuals with disabilities. It specializes in enterprise web accessibility, offers smartphone apps, and also runs a startup accelerator. It was established in 2016 by Anand Chowdhary, Nishant Gadihoke and Mahendra Raghuwanshi after their product, Oswald Extension, won an event at the AngelHack hackathon in New Delhi.
K-Startup Grand Challenge is a startup accelerator program supported by the Government of South Korea. The program was launched in 2016 by the National IT Industry Promotion Agency (NIPA) and funded by the Ministry of SMEs and Startups of South Korea. The program is based in the Pangyo Techno Valley, known as the Korean version of the Silicon Valley.
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