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B2B food distribution marketplace Prep serves up $200,000 pre-Seed round

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Adelaide
Accelerator

_SOUTHSTART teamed up with the Adelaide Economic Development Agency to launch an accelerator for the SA capital’s startups

- April 18, 2024 < 1 MIN READ

One of Australia’s most-loved startup festivals _SOUTHSTART has forged a strategic partnership with the Adelaide Economic Development Agency to launch a new accelerator program. MASTERM!ND is a 5-month accelerator for up to 10 startups based in the South Australian capital. _SOUTHSTART co-director Danielle Seymour said the accelerator builds on the organisation’s commitment to catalysing innovation and… Read more »

SpaceX Falcon 9 launch
Space

Fleet Space sent its latest satellite into orbit with SpaceX

- April 18, 2024 2 MIN READ

The latest Centauri-6 satellite developed by Adelaide mining tech startup Fleet Space Technologies is now in orbit after heading skywards aboard SpaceX’s  Bandwagon-1 “ridesharing” mission. The Falcon 9 reusable rocket’s payload of 11 satellites took off from NASA’s Kennedy Space Center in Florida last week.  The Centauri-6 microsatellite brings Fleet Space’s constellation of low earth… Read more »

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Business strategy

A VC explains how to avoid the most common mistake founders make – raising too much too early

- April 15, 2024 4 MIN READ

Away from the VC mega-round headlines or the hard stories of founders who can’t raise capital at any price, is the solvable problem of how much money a new founder should raise. I’ve participated in hundreds of investments where founders have opted for different answers to this question, and watched the consequences unfold over the… Read more »

Funding
Prep, Sean Miller and Mathieu Jamet Funding

B2B food distribution marketplace Prep serves up $200,000 pre-Seed round

- April 18, 2024 2 MIN READ

Food distribution startup Prep has raised $200,000 from Melbourne VC Skalata to connect major food retailers, corporates and restaurants with emerging food brands. Prep enables food producers and brands to efficiently scale B2B distribution – anywhere – for a low margin. The platform integrates with a producer’s existing ordering systems, and is five times more… Read more »

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