Heart starter: Health-tech leader LuminaX is pumping on the Coast

As component of the LuminaX program, the Flintworks cofounders pitched to Ramsay Healthcare, a potential customer of the virtual reality innovation.

“Being in an area packed with health and wellness execs and being able to share our story as well as product with them as well as obtain comments was amazing,” she claimed.

Other LuminaX participant Lucie Dawson is hoping her involvement in the program will lead to angel financing for Templa, an app combining motivational psychology and also personal liability to aid those going through a transitional period in their lives.

The app, she stated, is in its “fundamental, minimum feasible product stage” yet has actually still had more than 2000 downloads with no advertising support. Investment will certainly take the subscription-based application to the following stage.

LuminaX was recommended to Templa cofounder and also CEO Dawson by a Brisbane-based investor.

“The program has [delivered] a wide range of understanding through a myriad of different advisors from various industries and also experiences,” she stated.

Highlights for her have actually included sessions with Vu Tran of company training tech unicorn Go1 and Nic Blair of telehealth system Midnight Health.

Dawson is initially from the United Kingdom as well as has actually been primarily residing in Australia since 2008. Her cofounders, Claire Crosier and also Michael Graham, are both in the United States. Dawson said she mores than happy to be based right here.

“Since coming back to Australia last year, it’s been really good to see the comparison in the start-up scene, versus in the US,” she stated.

“The Australian start-up scene appears much more pleasant, receptive and also supportive.”

Despite having this year’s LuminaX yet to wrap, she stated it had been “an eye-opening experience” learning from the mentors as well as fulfilling other in the program.

“I feel privileged to be part of such an outstanding team … [they] really motivate me with their vision and drive to produce something that’s going to aid a lot of individuals and also be of service too,” she stated.

LuminaX’s Dren Xërxa claimed the program now has more than 40 mentors as well as instructors helping to cultivate the next generation of trendsetters.

“Building a strong network of get in touches with is critical for founders [who can] leverage these links to increase their start-up’s development and get over the difficulties of building a service from scratch,” Xërxa stated.

“LuminaX usually offers seed financing or financial investment through our VC partners, advisor network, as well as also reveals them to capital opportunities, like VCs and also angel networks in Australia.

” [Having this] access to capital, founders get rid of the first obstacle of acquiring funds as well as [can] focus on constructing their organizations.”

For Flintworks’ Tia Cummins, the healthcare focus of LuminaX is one more crucial advantage.

She as well as cofounder Pete Martin have remained in various other accelerators that, she claimed, were “great in their own way”, yet had “a couple health and wellness startups and the rest could be fintech, proptech or whatever else”.

“Health is such a different ball game to any various other industry, we just have really various requirements and also requirements,” she claimed.

“With LuminaX, it’s groundbreaking work that they’re doing.”

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