Carnegie Wave Energy takes out the top spot on the Techboard ranking for 2016
Following on from its annual showcase of WA's Trending Startups, Techboard 2016, Techboard now releases the full ranking of how WA companies have trended over the 12 months to December 2016.
Carnegie Wave Energy was Techboard's highest trending company for 2016. Carnegie also took out the award for Highest Ranked Listed Company at Techboard's annual celebration of trending startups Techboard 2016. The award reflects the cumulative score of each company over the calendar year. Read more about the Techboard 2016 awards.
The renewable energy company is currently in the process of changing its name to Carnegie Clean Energy, following its acquisition of Energy Made Clean. Carnegie is developing technology that converts ocean swell into zero-emission renewable power and desalinated freshwater. The cleantech has had a big year; as well as its acquisition of EMC, last month it received close to $10m of EU funding for a project off the coast to Cornwall. It's also trialling the world's first renewable microgrid power station using wave energy, on Garden Island.
In the unlisted category, Shark Shield was the top trending startup of the year, picking up a $1,000 cash prize from ASX listed investment vehicle Eve Investments . The company claims to have developed the world's only scientifically proven and independently tested electrical shark deterrent. Shark Shield topped the fortnightly ranking back in July, after a study by the University of WA showed the company's device was effective and prevented great whites from interacting with baits ten times out of ten.
Shark tech continues to feature strongly in WA with Shark Mitigation Systems the second highest ranked company, after a year of strong media coverage and milestones including an ASX listing, deployment at South Africa's J-Bay Open, WA State Government trials and signing Taj Burrows. Environmental consultancy Astron is also ranked in the top 100, having developed shark detection technology of its own.
Other consumer goods startups which performed well include Nuheara (ranked third) with its intelligent earbuds, ResApp Health (ranked fourth) with its 'cough in your phone' diagnostic app, and Cycliq (ranked 14th) with its combined bike camera and light. Cycliq listed on the ASX this week through a reverse takeover.
Techboard has also awarded its second WA Startup Community Award to Matthew Macfarlane, of Yuuwa Capital, for his contribution to the local entrepreneurship community. The award was determined following a public vote. The objective of the award is to acknowledge and celebrate individuals who work to support and improve the WA startup ecosystem. Matt has been a significant figure in Perth’s startup ecosystem for some years, and most recently through his mentoring on the Curtin University Accelerate program and the Vocus Upstart Accelerator.