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WED, 27 JAN - 9 FEB
EDITION #11
⏫ This Fortnight in The Ecosystem
By Euwyn, creator of Sailist and writer of Roundups.
Personal website | Twitter | LinkedIn
Programs Accepting Applications

⚡ Accelerator | 🌐  Remote
Y Combinator is accepting applications from startups for the Summer 2021 funding cycle. It will take place from June–August 2021.
Sector Focus: Agnostic
Stage of startups accepted: Early stage
Key dates: If you’d like to apply for an early interview in early February, apply by today at 2pm (more details here).
Apply here

⚡ Incubator |  🇦🇺 Australia-wide
EnergyLab is now taking applications for its Scaleup Program. Successful companies will receive the connections, mentorship and exposure they need to unlock their next wave of growth.
Sector Focus: Clean Energy
Stage of startups accepted: Scaling
Key dates: Apply before March 8
Apply here

💼 Resources | 🇦🇺 Australia-wide
Are you a Tank Stream Labs member or alumni?

Tank Stream Labs members and alumni have access to a ‘pool’ of interns with different skillsets, from marketing to software development and business operations. The internships can last for up to six months.
Apply here

In line with supporting Australian founders, Sailist is partnered with Australian-born and bred unicorn Airwallex to deliver AUD$20,000 worth of foreign exchange for free ($0 fees, 0% margin).
Sign up to activate your credits here
Startup Funding Highlights

🌐 Google pulling its search engine from Australia “would be a disaster” for SMEs

"Ultimately, Boote says regardless of whether there is a strong likelihood that Google will leave Australia, or it is a just a hollow warning, it is a reminder to small businesses that they need to be online in more than one place."


🚀 Australian Seed Stage Funding Analysis for Founders by Warwick Donaldson

"In 2018, Australian investors appear to have changed their approach to Seed stage investing, deciding to favour a less is more strategy.

"...a strong negative correlation (-0.8) between deal count and median deal size emerged over the last 5 years. In 2018, investors switched strategy (or a less likely scenario, less companies are looking for capital) from more investments/smaller cheque sizes to their now preferred strategy of less investments in larger deals."

"...investors are deploying about the same amount of capital but in much larger deals. And as the same amount of capital is deployed, less and less companies are successfully closing rounds."


🚫 Blocking Chinese VC investment no big loss to Aussie startups, says Daniel Petre

"Treasurer Josh Frydenberg’s blocking of Chinese investment into Australia could slow investment from the country into the Australian startup scene, but prominent venture capitalist Daniel Petre says it wouldn’t necessarily be a big loss to the ecosystem."

"Typically, Chinese investors have written larger checks in later stage Australian companies,” [Rachael Neumann] explains. “But the major Australian VCs have all just closed large funds and have more capital ready to deploy than ever.”

"There is enough of a market in these places [US, Europe, South America and other parts of Asia] to allow for expansion,” Petre explains. “I would avoid China as a market to expand into at the moment.”

 

The Founders Course is a practical online course that shows you how to succeed as a founder. The course helps you to build and launch a startup in your own time under the guidance of Colin Kinner, one of Australia’s most experienced startup mentors and founder of Startup Onramp. Bonus $10k worth of perks from AWS, LawPath and others.
Learn more
Most Noteworthy Events
📅 Conference: Startmate x Blackbird: Liminal Conference
An immersive week-long series of free online talks, workshops, and high-energy breakout sessions with leading startup operators and coaches. Liminal* kicks off February 1st, with leaders from Tesla, WeWork, Amber Electric, Worklife Ventures + more.

Date: 1st-5th Feb, 8am-9am
Register here

📅 WebinarCTRL+N: Across the Pacific with Justin Lipman (Equity Venture Partners) | What Aussie startups can learn from the US
If you're a B2B SaaS business with global ambitions, you're going to love this session with Justin Lipman. Bringing a wealth of knowledge and experience from his work with Aussie and US startups, Justin will be sharing his insights and advice for taking your business across the Pacific, diving into:
  • B2B SaaS trends
  • The most common key metrics for data-led growth
  • What to expect from the US investment landscape
  • Reverse due diligence on investors - how to choose an investor
Date: 10th Feb, 12pm
Register here
📣 Help Roundups Grow
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