Telstra’s muru-D feeds Singapore tech start-ups with $S40,000 each in seed capital

Says Singapore's first cohort leapfrogs fundraising expectations

Telstra’s muru-D feeds Singapore tech start-ups with $S40,000 each in seed capital

Telstra’s muru-D feeds Singapore tech start-ups with $S40,000 each in seed capital

Telstra-backed start-up accelerator, muru-D, recently showcased its inaugural class of Singapore start-ups at its first demo day with nine high-growth businesses across healthcare, consumer applications, financial services, law, mobile payments and advertising.

The nine technology start-ups each received $S40,000 in seed capital through the program, in addition to six months’ access to muru-D Singapore’s Amoy Street premise as well as introductions to mentors, coaches and Telstra experts.

Since the beginning of the program, most of muru-D Singapore’s first cohort has raised a significant proportion of their seed rounds, with two teams raising in excess of $S300,000 prior to demo night.

Telstra Software Group president and muru-D co-founder, Charlotte Yarkoni, said together with Telstra, muru-D continues to aspire to attract the region’s best digital talent, foster local technology innovation and grow the entrepreneurial ecosystem across Southeast Asia.

“Through muru-D Singapore, we’ve had the opportunity to work with inspiring entrepreneurs with innovative technology and global ambitions.

“Having watched these teams grow and develop their businesses for the past six months, we are thrilled to see the transformation. We’ll continue to provide on-going support as they become part of our thriving alumni of 44 start-ups from around the world,” Yarkoni said.

Yarkoni added that it is focusing on the start-up space as the start-up community in South East Asia is blossoming.

“We strongly believe in enabling digital talent to grow and mature. We are particularly pleased to see the geographic spread of these companies, indicating the region’s emerging leadership as a source of digital innovation,” she added.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Telstrafundingstart-upsmuru-Dseed capitalMuru-D Singapore

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.
Hafizah Osman
Show Comments

Father’s Day Gift Guide

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?