NZ Startup of the Week was a great project, which covered new startups during 2015 and 2016. If you’re interested in taking on this project, please drop me a line. Thanks!
You’re invited to Demo Day for nine female-led startups
This week we’re featuring not one startup, but nine!
There’s no question that women are underrepresented in startups, and in the tech scene in general. This is despite the fact that in a recent study, First Round Capital found that companies with a female founder outperformed all-male founding teams by 63%.
New Zealand’s own Lightning Lab accelerator is doing their bit to support women entrepreneurs, and launched Lightning Lab XX earlier this year. On Demo Day, the teams will pitch to investors and you’re invited to come along and enjoy the presentations.
When: Thursday 16 June, 4pm
Where: Embassy Theatre, Kent Terrace, Wellington
Entry: Free, but RSVP is mandatory
Don’t miss out, RSVP now.
Here are the teams, described in their own words:
NoticeMatch helps any business ensure their customer’s final experience is achieved a timely and empathetic manner. We empower them by identifying deceased customers quickly, thus giving them the tool to undertake their legal, moral or ethical obligations and build great relationships with the surviving families.
Geo AR Games get kids off the couch and active outside using Outdoor Mixed Reality technology. Mixed Reality combines digital content with a real-time video feed to create immersive experiences. By pairing this with Motion Gaming, kids explore digital content by walking and running. This solution encourages healthy relationships with technology by creating games that kids love.
Liangma allows quality-sensitive buyers to order fresh, free-range chicken for home delivery. The company connects free-range farms with inner-city buyers through a digital platform and logistics network. This creates an easy and reliable way for their Chengdu-based customers to buy the best poultry products. Liangma’s promise of 24h delivery fits perfectly with the Chinese culture of eating the freshest, highest quality produce.
Hive brings communities together by connecting people who need a hand with those who have the time and skills to help. At the heart of Hive is the idea that trust is valuable, and that communities can build trust. Using a mobile app, Hive facilitates finding and matching jobs, and processing payments. The app helps to build a trusted community by connecting locals to get work done.
Little Yellow Bird is a company that supplies businesses with more than just a uniform. LYB produces high quality workwear, through a completely transparent and ethical supply chain. They have a wide range of workwear such as custom business shirts to t-shirts, hoodies to aprons. This provides companies with an opportunity to turn their uniforms into marketing.
Sipreme is joyful future food – healthy, nutritionally complete, and super convenient. For busy people with cooler stuff to do than burn toast in the morning, this is it. It’s a fast, liquid meal that gives the adult body every nutrient it needs! The product iterates for each new batch, following their feedback. It’s the perfect, healthy solution for unromantic, functional meals.
Ama Balm is a natural balm used by adventurers to hydrate their weathered skin after being exposed to the elements. Launching only 8 months ago, Ama Balm is already featured in major surf, ski and adventure towns in NZ. The company aims to build a natural skin care range that serves the needs of adventurers across the globe.
Music Ecademy is a web application that teaches music theory and aural skills in a fun and engaging way through interactive lessons, quizzes, and games. The application helps to engage students while also saving teachers valuable time and resources. The curriculum is relevant for music schools and teachers in Australia, NZ and the UK.
Patternsnap is a digital library of Interior Design samples for Designers and Showrooms. It provides a beautiful, simple tool to search for products and create schemes. Patternsnap saves designers precious time, enabling access to a comprehensive database of unique samples. Currently available as an iOS app, Patternsnap is a virtual showroom in your pocket.
CEO: Virginia Fay
CTO: Steven Dodd
I’ll be there with bells on, and I hope you’ll come and join me too!
But don’t forget to RSVP.
Disclosure: I’m a trustee of a trust that invested a small amount in the Lightning Lab XX Limited Partnership, which in turn invested in each of these startups at the beginning of the programme providing them with “ramen funding” for the duration of the programme. I have also provided weekly mentoring to NoticeMatch during the programme. And I’m on the Lightning Lab Advisory Board.
2015 has been a watershed year for the startup scene in New Zealand. When I started this Startup of the Week blog in September, a number of people asked me, “are there really enough great startups in New Zealand to feature one every week?” The answer is a resounding yes!
Had you asked me about New Zealand startups in 2010, I would have told you that there were patches of awesome, and things looked like they were just starting to come together. Five years on, things are really pumping, as evidenced by:
- Thriving startup hubs in the main centres: Visit GridAKL, BizDojo, CreativeHQ, or The Greenhouse and you’ll be under no illusion that healthy and diverse startup activity abounds.
- Entrepreneurial buzz in the regions: The BCC (Palmerston North), and Bridge Street Collective (Nelson) have been going from strength to strength for several years, and we’re seeing new players emerge in Whangarei, Tauranga, Taranaki, Hawkes Bay, and Dunedin.
- Finally, the rise of Ag Tech startups: In prior years, there was a paucity of agricultural startups coming out of New Zealand. Now, with companies like Engender, CropX, BioLumic, eBee, and others, this sector which builds on NZ’s natural strengths looks like it’s getting to critical mass.
- Meetups are mushrooming: I seem to be getting a couple of announcements for new startup-related meetups every month in Wellington. Startup Garage and Lean Startup Wellington how have over 1,000 members each. People are getting together, which is great.
- Startup Weekends continue to thrive: There’s no shortage of newbie entrepreneurs starting their entrepreneurial journey through Startup Weekends. We ran 11 events up and down the country this year, with 736 participants – both records. Many of these participants are now fully plugged into the scene, some running their own startups, some working for others, and some busily hatching plans. And some qualifying themselves out, having decided they’re happier in their day jobs. Win.
- Accelerator ramp-up: Lightning Lab ran three programmes this year – Auckland, Christchurch, and Manufacturing (Wellington). The dust hasn’t settled yet, but this is likely to have resulted in 10+ new startups achieving funding, networks, and a path to global success. Oh, and another 10+ startups being qualified out after a short sharp experiment – to me that’s also an important success statistic. The Government R9 Accelerator broke new ground, and will be doing round two this year. Vodafone’s Xone will be opening in 2016. And there are others.
- An explosion in angel investment activity: AngelHQ‘s Dave Allison told me that as at the beginning of December, not including any of the Lightning Lab companies, the club had 12 open investment deals. I can’t remember a time where there were more than 3 or 4 deals open at any given point in time. Given that nearly all angel club deals in NZ are now syndicated between clubs, I’m sure that the menu at ICE Angels, Enterprise Angels, Manawatu Investment Group, Venture Accelerator Nelson, and Otago Angels are growing in a similar fashion. Post-earthquakes, Canterbury Angels is also off to a great start. And there are a host of unofficial syndicates forming around the country too. There’s never been a better time to be an angel investor.
ICE Angels summarised the year’s angel activity with this nice Prezi – thanks guys!
“Despite outward appearances, the Startup Movement is not just about startups. It is actually a deeper cultural shift that cuts to the heart of the human condition. It reflects a dissatisfaction with the way much of the world has gone for the last several decades. It marks a transformation in how we view our societies, how we convene our communities, how we create value together as human beings. It’s a counterpoint to the governing economic paradigm – what economists call neoliberalism – which has prized efficiency and productivity above everything else, even when it has corroded relationships that bond us together in our communities and social networks…
“Innovation is not a solo sport. It thrives in supportive, diverse, connected, payitforward ecosystems. It dies in selfish ones. Building a startup – indeed, bringing any innovation to life – is hard enough already. The last thing you need is distrust, high social barriers, and cynicism from those around you. You need people who are willing to believe in you. Because human beings innovate together in teams.”
Thanks for your support this year, reading and spreading the stories of NZ startups going global.
If you’re involved in the startup scene, good on you for taking risks, sharing your energy, and pursuing your passion – you’re making the world, and New Zealand, a better place for everyone.
If you’re a bystander, a dreamer, or an armchair startup enthusiast, there are plenty of ways for you to get involved in 2016. Just contact any of the organisations mentioned above, and start forming the connections that will enable you to become part of the success story we’re all creating together of New Zealand as a global entrepreneurial powerhouse.
That’s it from me for 2015. Have a great break, and we’ll see you in February.
Welcome to NZ Startup of the Week, curated by Dave Moskovitz.
Every Monday from 7 September 2015, we’ll be featuring one NZ startup that is taking on the world.
If you’re a startup that’s seeking capital, hiring, or looking for new customers, this is your chance to tell your story. Interested? Apply to be featured.
If you’re an investor, looking for a job at a startup, or just want to see the latest greatest company to come out of New Zealand, this site is the place for you. Keep up with our weekly updates, and subscribe.