Techstars is the worlds most successful technology accelerator, birthing 895 companies, 90% of which are currently active or have been acquired. These companies have received a total of $2.5 billion of funding at a total $7.5 billion market cap.
Australia has only had a handfull of teams accepted into the program, and two have bases at YBF - Pantreeco and Scott Li.
The founders of Pantreeco, Leigh Sherman and Josh Chittick, and Scott Li, will be attending this Fireside Chat to discuss the challenges, benefits and secrets of applying to the global Techstars accelerator.
Leigh Sherman and Josh Chittick founded pantreeco in 2014 with a mission to improve the digital standard of B2B commerce across hospitality. Their product helps SMB suppliers manage orders from cafes and restaurants, integrating important date in tools such as accounting software and inventory management. Their product was in private beta for 1.5 years and facilitated over $15m in orders before the team chose to go to METRO Techstars 2016 in Berlin.
Learn more here: https://hospitality.metroaccelerator.com/start-ups-2016/
Scott Li is a technical founder who has secured funding from 500 Startups, Techstars, and the Melbourne Accelerator Program. He participated in the Boston Techstars program in 2014. His companies have acquired 1m+ users and have been featured in CNET, CNN and Lifehacker. While Scott's Techstars start-up no longer exists, he has recently founded a company called Foxtype.
Jason Lim, associate at Melbourne based early stage investment team Adventure Capital, is the founding investor at pantreeco. He has supported their growth through the entire seed stage including spending time in Berlin with them during the Techstars accelerator.
- What types of applications are suited to Techstars
- What to expect from, and how to prepare for Techstars
- What matters when choosing a tech accelerator to apply for, and what are the main points of difference between Techstars and others
Vendor sincce 2012
The York Butter Factory is the co-working space for Melbourne’s high-potential early-stage technology entrepreneurs.
Established in 2011 inside an 1850s heritage-listed space, York Butter Factory is home to upstarts with bold, global ambitions and clear intentions to change the world.
Named after the original 1855 building, the York Butter Factory is situated on King Street at the base of the Rialto. This brilliant bluestone warehouse is the ultimate juxtaposition of old and new, building tech startups out of one Melbourne’s oldest structures. The 577sqm space is across two floors and has an open plan coworking space, informal collaborative area, meeting rooms, an industrial fridge and room for up to 60 entrepreneurs.
Opening its doors in October 2011, it has established itself at the center of a rapidly growing startup ecosystem in Melbourne. York Butter Factory was co-founded by the partners of Adventure Capital, who run their VC fund out of the space.
YBF already hosts nearly 50 startups largely in the Consumer Internet space. Opportunities to access funding is through its owners’ tech-focused VC fund as well as seed funding provided directly to deserving startups and via the Aurelius Digital angel investment network. There is a culture of collaboration, resource sharing and tough love. Tenants are curated with a view to fill the space with high-potential digital media and web 2.0 startups with a global ambition.
The vision is to become the central hub of the Australian tech startup ecosystem.