Singapore is at the forefront of digital transformation and innovation and with direct access from Canberra, it is a logical platform for Canberra companies to gain access into the Southeast Asian market.
On the 5th of July eight Canberra companies had an opportunity to pitch in front of a group of selected Singapore based venture funds at Collision 8 in Singapore. The showcase highlighted the strength of Canberra’s growing industries including; renewables, construction, tech, education and health.
“We are seeking new investors to engage with new potential markets and bring forward the development of additional features and functionality in our innovative land sector carbon mapping software.” —Dr Robert Waterworth Director, Mullion Group.
Building on from the success of last year’s investment showcase, where 19 companies from Canberra and Wellington pitched to a room full of investors, this year’s showcase was focused on presenting only growth-stage companies ready for larger investments.
“Every company selected for pitching to the investor audience needed to demonstrate they have a product, customers and growing revenue trajectory.”—Petr Adamek CEO, Canberra Innovation Network.
The Canberra Investment Showcase is a collaboration between the Canberra Innovation Network, ANU Connect Ventures and the ACT Government and aimed at pairing companies with quality investors. The event hosted 26 investors from 16 different investors groups, 13 being from Singapore and are collectively worth over $1 Billion.
“We are intending on establishing a Singapore MCi venture to explore the opportunity to commercialise in Singapore with local partners. We would like to see if we can attract local venture capital to assist with the move.”—Marcus Dawe CEO, Mineral Carbonation International (MCi).
Potential leads from the Canberra Investment Showcase included follow-up meetings with global venture companies who invest in private, high growth, game-changing technology companies.
Full program available here.
Article courtesy of the Canberra Innovation Network.