The below press release was provided by the Techstars Tech Central Sydney team.
On Thursday 21 September, Techstars Tech Central Sydney founder class of 2023 hosted a “Angels & Techstars Founders - Pitch & Mix Event” in Sydney to a packed room. This intimate session offered angel investors an opportunity to get up close and personal with their accelerator cohort and the broad range of problems they are addressing. In addition to general networking, this exclusive pitch event allowed for angels the unique chance to get first dibs before founders showcase their startups to the wider ecosystem at Demo Day on 5th of October.
The event was sponsored by Kirstin Hunter, MD of Techstars Tech Central Sydney, hosted by Simon Scarf, ex Uber, Apple, Amazon, Zoom and Expert in Residence for Techstars, and pioneered by current Techstars founder Nikki Tugano of SeenCulture. The big reveal at this event was the launch of a new and exclusive Angel Syndicate for the Techstars Tech Central Sydney class of 2023 with Cut Through Angels.
Techstars is the largest pre-seed investor in the world and has invested in over 3,700 early-stage startups. With an acceptance rate of 1% (more competitive than Harvard), Techstars founders represent high-quality deal flow and will go on to lead some of Australia’s newest tech businesses and brands. They are ripe for investment to accelerate their growth and for investors to capitalise on massive momentum from the Techstars accelerator program.
Simon McKendry, Partner at Cut Through Angels stated, “Cut Through Angels is passionate about making true venture capital-quality investments accessible to every Australian angel investor. Giving angels the chance to invest in the Techstars cohort, either as a portfolio or by handpicking their favourite startups, with a relatively small entry cheque size and low fees, is a direct match for our core mission.”
Nikki Tugano further shared, “For me, this was inspired by "the whole is greater than the sum of its parts". Being a part of the Techstars family means doing all we can to contribute to each others' success. This is an example of just that. We want to see angels supporting the success of Australian startups competing on a global scale. It's about tying Australian startups into the global prowess of Techstars.”
The list of this Techstars Accelerator Cohort and their CEO founders are listed below: