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Industry | startup accelerator |
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Founded | 2013 |
Founders | |
Headquarters | , |
Parent | Telstra |
Website | www |
muru-D is the incubation hub [1] of Australian telecommunications company Telstra. To date, over 44 startups have been through its startup accelerator program, with 42 still in operation. [2]
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.' [3]
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. [4] It was officially opened by former Prime Minister of Australia, Malcolm Turnbull.
In 2015, muru-D expanded operations to Singapore due to its "fast-developing start-up ecosystem, pro-business policies and access to local capital." [5]
At the end of 2016, Annie Parker left muru-D and was replaced by ex-Salesforce executive, Julie Trell. [6] [7]
In 2017, muru-D altered its funding model to be more founder friendly and attract later-stage startups. [8] It also launched its new IoT themed space in Melbourne, based at Telstra's Gurrowa Labs. [9]