Fundertech

Opening up Chinese investment, distribution, and manufacturing to Kiwi startups.

fundertechFor most NZ Startups, getting into China is hard – really hard. China is about as different to New Zealand as you can get in language, business culture, and scale. And yet it remains a massive prize: a market of 1.3 billion with global distribution networks and investors eagerly looking for opportunities in the rest of the world, and especially in New Zealand.

Fundertech is a startup looking to bridge this enormous yet potentially lucrative gap by providing connections with Chinese investors.

david liu
David Liu
Rob Thomas
Rob Thomas

Founders Rob Thomas and David Liu have extensive experience in doing business in China. They’ve built up a relationship with the Chengdu-based Venture Capital Club, which operates as somewhat of a cross between an angel network and VC consortium. The club has hundreds of members, along with 21 VC funds and a number of Private Equity interests. In addition to investment showcases, the Venture Capital Club also runs training courses upskilling their members and helping them build relationships with the rest of the world outside China. Next month, well known New Zealand investor Tenby Powell will be a keynote speaker on behalf of Fundertech at the Venture Capital Club’s Chengdu Investment Summit.

Fundertech are also working with the NZ Consulate in Chengdu, and looking to foster better business, economic, and social with China, providing a boost to NZ’s presence in China and helping lift NZ’s performance on the world stage.

Fundertech is looking for New Zealand startups to invite to these investment summits to pitch to Chinese investors. They’re interested in SaaS, VR/AR, edtech, medical technology, food tech, and clothing and textile startups to present. They charge NZD 2900 for a package which includes flights, accommodation, translation fees – costs in the same ballpark to what you’d pay independently.

There is an application process – they’re only interested in companies that have at least a working prototype, some early stage sales, have completed initial market research in China, intellectual property unique to their industry, and a business plan. That’s not much different from what any seed investor might want to see.

If you’re interested in finding out more, check out the Fundertech web site, and fill in the contact form at the bottom of the page, or phone Rob Thomas on +64 21 704 423.

You can also follow them on Facebook, Twitter, or Linkedin.

Nine companies founded by women at Lightning Lab XX

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.
rsvp

Here are the teams, described in their own words:

NoticeMATCH

noticematch-logo

Jon Hall and Sue Skeet
Jon Hall and Sue Skeet

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.

CEO: Sue Skeet
CTO: Jon Hall

Geo AR Games

Geo AR Games

Mel Langlotz and Amy Wolken
Mel Langlotz and Amy Wolken

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.

CEO: Mel Langlotz
CTO: Amy Wolken

Liangma

liangma

Denny Zou and Steve Chin
Denny Zou and Steve Chin

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.

CEO: Denny Zou
CSO: Steve Xin

Hive

hive

hive-team
John Huang, Jess Knipping, Steve Jasionowicz, Vanessa Wilson, Charlie Coppinger

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.

CEO: Vanessa Wilson
CDO: Charlie Coppinger

Little Yellow Bird

lyb_transparent

Samantha Jones and Hannah Duder

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.

CEO: Samantha Jones
CSO: Hannah Duder

Sipreme

sipreme

Bri Jense van Rensburg and Dené Steyn

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.

CEO: Dené Steyn
VP Product: Bri Janse van Rensburg

 

Ama Balm

ama

Lucy Reutter and Jo Higgins
Lucy Reutter and Jo Higgins

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.

CEO: Jo Higgins
VP Sales: Lucy Reutter

Music Ecademy

musicecademy

Jaroslav Novak and Helen Jones

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.

CEO: Jaroslav Novak
Head of Product: Helen Jones

PatternSnap

patternsnap

Virginia Fay and Steven Dodd

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.
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.