Startup Ranking #25

For the period ending 31 August 2016

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Power Ledger remains in the top spot for the second fortnight running, having announced its first commercial deal to provide its technology platform. The startup, which allows consumers to trade surplus electricity directly with other consumers, has signed a deal with New Zealand network operator Vector, which will see it reaching 500 solar households, schools and community groups in Auckland.

The company scored high in mindshare with strong social media engagement, press coverage and web rankings, and received several nominations from Techboard’s panel of Experts.

Second most trending company of the fortnight is migme. The social media company announced it had raised $10m a range of investors including Foxconn and the ‘Instagram of China’, Meitu.

Shark Mitigation Systems (ranked third) was in the press yet again, following its negotiations to supply the WA state government with at least five Clever Buoys. The shark detection technology uses sonar technology to detect shark-sized objects in coastal waters.

Here is a taster of Techboard’s latest startup ranking for the period ending 31 August 2016.

RANKCOMPANYCHGBEST RANK
1Power Ledger-1
2migme↑232
3Shark Mitigation Systems↑1761
4SEQTA↑1602
5ResApp Health↑691

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Find out more about the Startup Ranking here.