Startup Ranking #23

For the period ending 3 August 2016

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Half of the top twelve trending companies this fortnight are healthtechs, with Perth continuing to assert its credentials in the space. Alcidion, Admedus, ResApp Health, Actinogen Medical and Cynata Therapeutics all feature in the top dozen.

Listed cleantech Hazer is the highest trending company of the fortnight, up four spots from last fortnight. The UWA spin-out demonstrated growth in almost all metrics, with employee growth, social media traction (in particular LinkedIn and Techboard), international press coverage, ASX share price and website rank. In addition, Hazer picked up one nomination from Techboard’s Panel of Experts. The startup is commercialising an innovative process for producing hydrogen and graphite.

“We are delighted that Hazer has reached the number one spot on TechBoard as we continue with the development and commercialisation of the Hazer Process. We are confident that the Hazer process will have significant impact on the future of both the hydrogen and graphite markets globally, and TechBoard has been a fantastic platform to share our story with the Australian technology scene. It’s great that the team have built this hub where emerging companies can get noticed”

Second highest trending is social media company migme, as it moves closer to finalising a $8m capital raise, appointed new executives and entered into a partnership with mobile platform MOX.

Here is a taster of Techboard’s latest startup ranking for the period ending 3 August 2016.

RankCompanyChgBest Rank
1Hazer↑44
2migme↑253
3Alcidion↑16921
4Admedus↑1093
5Fastbrick Robotics↑63

Sign up/Log in to see the full ranking… yes we are now publishing the full ranking of all WA companies on Techboard. 

Third ranked Alcidion enters the top 20 for the first time, capping off an eventful fortnight with the announcement of a memorandum of understanding with Western Health to use Alcidion’s clinical decision support systems across its three facilities. The deal is worth over $2m.

Admedus, a healthtech involved in bio-manufacturing, medical devices and vaccines is fourth highest trending. The Malaga-based company announced a $16m capital raising to fund ramp up of manufacturing and new product development, capturing mindshare and an Expert nomination as a result.

Fastbrick Robotics (fifth) returns to the top ten, with good press coverage and reaching the finals of the WA Innovator of the Year awards.

Internet share trading forum Hotcopper (sixth) is the highest trending unlisted company, and has released a prospectus for a $12m capital raise.

Other high ranking unlisted startups include Family Zone (10th), Cycliq (13th) and Stirfire Studios (14th).

Find out more about the Startup Ranking here.