Lightning Lab, the only New Zealand based startup accelerator that is part of the Global Accelerator Network, held their demo day early this month in Wellington. Now in it’s third year, Lightning Lab is a partnership between a group of private professional investors, the science and innovation arm of New Zealand’s Ministry of Business and Creative HQ a coworking and incubation hub in New Zealand.
The nine startups that participated in the 12 week program were:
Publons: a platform for crowd-sourced peer-review of academic articles, where academics build reputation for their contributions. It provides an alternative to the extremely slow, expensive, and closed status quo that hasn’t changed in 300 years.
WIP: a beautifully simple video workflow platform that lets you watch, share and comment on your work-in-progress videos, so you get better feedback faster.
KidsGoMobile: a startup developing a software service to help parents teach their children to become responsible users of their first smartphone. This tool will notify parents if their child engages in potentially risky activity on their phone and gives them tips on how to resolve it.
Teamisto: a startup changing the way sports clubs raise money by generating new streams of sponsorship revenue.
Expander: A cloud-based tracking and analytics platform that gives manufacturers a weapon to fight back against counterfeits, while connecting them to consumers and procuring valuable data in emerging markets.
Adeez: a startup that provides a specialist mobile marketing solution which enables brands and marketing agencies to improve their ROI with mobile campaigns.
LearnKO delivers online learning programs to English language organisations in Asia. We do this by harnessing the talent of Australasian tutors and delivering this via an online classroom to English language organisations.
Promoki a social media gaming platform for photo and video contests
Questo: a startup using game mechanics in real world activities to increase family engagement for organizations.
Their demo day drew 140 investors from across the country and while they haven’t said which of the nine startups received follow on funding stuff.co.nz reports that $3 million dollars in follow on funding has been committed and details will be released shortly.
“Watching Lightning Lab in action was incredible. These results are what makes it worthwhile for the companies which grow out of weeks of hard work, for the investors and mentors who support them, and for the other entrepreneurs who see it and are inspired into action, turning their own ideas into great startup companies going global from downunder.” Tui Te Hau the CEO of Creative HQ said.
You can find out more about Lightning Lab at lightninglab.co.nz