Innovation Bay is launching in Queensland and on the hunt for nice native startups to again

  • Angel investor neighborhood Innovation Bay is opening a Brisbane chapter 
  • Horizon is transferring to agnostic deal circulation 
  • Queensland founders can apply to pitch by way of Dealum
Innovation Bay, the longest-running neighborhood for expertise startups, scale-ups and buyers in Australia and New Zealand, is launching in Queensland in 2023.

Horizon, the 20-year-old organisation’s angel investor neighborhood, has Sydney and Melbourne chapter collectively investing in over a dozen of the nation’s most fun tech corporations.

In step 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 primarily based in Brisbane and Queenslands at massive.

“Innovation Bay is coming into our twentieth 12 months in 2023 and we’re so thrilled to be formally widening the scope of our neighborhood to Queensland buyers and founders,” he stated.

“On the founder aspect, we’re seeing a heap of superior potential coming by way of from the area and we’re tapped into the buyers there as effectively. There’s a lot to sit up for and as we confide in agnostic deal circulation, we all know we’re going to see a lot extra in the way in which 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 12 months they’ll transfer to fixed agnostic deal circulation and at the moment are accepting purposes to pitch from any sector, in any location nationwide, at any time.

Investor Aurora

On high of that, Innovation Bay’s enterprise capital neighborhood, often called Aurora,, will take round 100 of the nation’s finest and most energetic 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 corporations could have their likelihood to pitch to the VC neighborhood, plus a handful of South East Queensland’s most dynamic excessive internet value buyers,” Stough stated

EduVidd founders Kaitlyn Sapier, pitched at an Innovation Bay occasion in Sydney final September and stated it gave the enterprise monumental impetus.

“Innovation Bay and Horizon supercharged my founder journey by connecting me with unimaginable mentors and buyers, permitting me to boost 600k in a really short-time interval that might have in any other case taken me 6-9 months by myself,” she stated. 

Founders from any sector seeking to increase 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 circulation funnel is at all times open and taking applications right here.