As we celebrated Tech23’s tenth anniversary, we looked back on some of the event’s alumni companies and how they’re tracking since listing on the stock exchange.
BuildingIQ (ASX:BIQ) commenced trading on the ASX in 2015 after a $20 million IPO. Its core technology was originally developed by CSIRO. The company is now headquartered in California. Founder Mike Zimmerman left BuildingIQ in 2013 and is now a Partner at Main Sequence Ventures. We were given an insight into the early vision of BuildingIQ at Tech23 2010.
Maestrano (LNO:MNO) has expanded to the UK. The company began trading on the London Stock Exchange in May 2018, and has offices in the US, Singapore, Dubai and Australia. The company’s Co-founder and CTO, Arnaud Lachaume, presented at Tech23 2014.
ResApp (ASX:RAP) officially came onto the ASX in 2015, when it was acquired by Narhex Life Sciences, who then began trading under the ‘ResApp’ name. Based on technology from the University of Queensland, ResApp is working to diagnose the cause of your cough through your smartphone’s microphone. It’s moved a step closer to proving the effectiveness of its proprietary ResAppDx app, undertaking clinical studies in nearly 1,500 patients across three US hospitals. The company is Tech23 alumni from 2016.
Other Tech23 alumni companies listed on the ASX include: ReadCloud (ASX:RCL), Xped (ASX:XPE) and Covata (ASX:CVT)
Cue The Tech23 Deeptech Festival 2020 – a smorgasbord of online, distributed and face-to-face events designed to create opportunities to connect, collaborate and give Australian innovation it’s worthy place in the domestic market – and on the world stage!
Since 2009, Tech23 has unlocked new ways of working by joining the dots between enterprise and clever tech. Tech23 seeks to call on the best sides of our natures – encouraging the deeptech ecosystem to collaborate; learn and respond – leveraging a wealth of talents, contacts and knowledge.
If our story is to be green, if it is to be sustainable, if it is to be equitable - we need game-changing tech companies. We need the research, the organisations that create and nurture these companies, the founders who lead them, the supporters that invest in them...