Startup Ranking #24

For the period ending 17 August 2016

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Fintech and cleantech are the most trending sectors this fortnight, with six of Techboard’s top eight companies represented (Power Ledger, Activistic, Enerji, iSignthis, Ledger Assets and Anaeco).

Appearing in the ranking for the first time this fortnight, and taking top spot, is Power Ledger. The company provides a decentralised marketplace for renewable energy – eventually allowing consumers to trade surplus electricity directly with other consumers. The marketplace, due to begin trading later this month, uses blockchain technology provided by a related company, Ledger Assets (ranked 7th), which develops blockchain systems. Both companies are co-founded by tech entrepreneur John Bulich who commented:

“Blockchain is like an OS update for society while solar power will bring about an upgrade to much of its hardware. Power Ledger is the logical product of the convergence of these two powerful technologies.”

Power Ledger’s other co-founder is City of Perth councillor and 40under40 winner Jemma Green, who is also involved with a range of clean energy organisations including Future Super, The Green Enterprise, Carbon Tracker – as well as Heritage Perth.

Both companies were widely covered in the press, with Power Ledger also seeing strong social media engagement.

Here is a taster of Techboard’s latest startup ranking for the period ending 17 August 2016.

RANKCOMPANYCHGBEST RANK
1Power LedgerNEWNEW
2Aurora Labs↑16037
3Activistic↑566
4Fastbrick Robotics↑13
5Enerji↑39333

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Aurora Labs is Techboard’s second most trending startup, having had a very strong start to its first couple of days as an ASX listed company, up 250%. The company makes metal 3D printers.

Listed fintech Activistic (ranked 3rd) is a micro donations platform provider, and has announced a capital raising of $3.65 million. The funds raised will enable it to continue the commercialisation of its Veterans Call app in the US.

Filtering out all ASX listed companies, the adjusted top five features on demand truck matching service Instatruck, which picked up a couple of nominations from Techboard’s Panel of Experts, and hipflask and Offpeak Games, both pitching at tonight’s Innovation Bay event.

Find out more about the Startup Ranking here.