Australian startups to pitch key ASEAN investors

06-Dec-2018 9:09 AM

Forty Australian startups and scale-ups will pitch solutions to major investors from the ASEAN region this morning at an Austrade event in Sydney.

The ASEAN Tech Challenge brings Australian entrepreneurs together with investors from a region that currently accounts for 11.6 per cent of Australia’s exports.

Austrade has partnered with Air Asia and its VC arm Redbeat Ventures, Petronas Technology Venture Capital and Kickstart Ventures, the VC arm of Ayala Corporation of the Philippines to deliver this opportunity to top Australian startup talent.
 
ASEAN is the world’s fastest-growing online market for goods and services.

"The 4th industrial revolution is creating a new global economy, one increasingly influenced by the rise data exchange and automation in manufacturing – technologies including cyber-physical systems, the internet of things, cloud and cognitive computing," said Dr Fahey.

"ASEAN is right on the cutting edge of this change. In 2016 Google estimated the region was already home to some 7,000 digital startups, including its own stable of unicorns such as Garena, Go-Jek, Grab [Malaysian], Lazada, Razer, Traveloka and Tokopedia."

"Through partnerships of the kind we’re encouraging today, Australia is in a position to contribute to that growth, and also help provide solutions to some of the region’s other pressing issues such as urbanisation."
 
The event takes place from 9am-12.30pm at the Event Space on Level 1 of the Sydney Start-up Hub.
 
Austrade's CEO, Stephanie Fahey, and AirAsia's Deputy Grup CEO and CEO of RedBeat Ventures, Aireen Omar, will address the forum from 9.45am ahead of a Thought Leadership Panel from 10.10am.

Panel members:
- Vincent Fong, Chief Editor of FinTech News Malaysia
- Aireen Omar, CEO RedBeat Ventures
- Minette Navarette, President, Kickstart Ventures
- Mukund Narayanamurti, CEO Asialink Business
- Gopi Ganesalingam, Vice President, Enterprise Development, MDEC

A series of pitch sessions will follow the panel with opportunities for networking. 

Journalists are welcome to attend, but please note that the pitch sessions are closed.

Media Contacts

Naomi Mapstone (Austrade)
media@austrade.gov.au
 

Topic: Technology

Media contact

Naomi Mapstone
Media & Communications Manager

media@austrade.gov.au

Tel: +61478108643

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