Two startups that have won five-figure seed funding from University of South Australia’s Venture Catalyst program have collaborated with coworking space Majoran to advance their innovative ideas.
Jemsoft, set up by UniSA students Jordan Green and Emily Rich along with Dr Paul Dalby and Christopher Stathy OAM, is set to revolutionise security in the retail industry without jeopardising customers’ shopping experiences.
The team behind Jemsoft has worked in the professional space of Majoran, where early investors and advisors are close at hand.
Mr Green said working at Majoran had been crucial to the ongoing success of Jemsoft, which would now receive $50,000 from UniSA and SA Department of State Development to assist in building the next stage of their business.
myEvidence, an app that elps police save time and money while recording evidence digitally, is also being developed within the Majoran community.
With the help of Majoran’s in-house designers and developers, the first prototype of myEvidence has been built and Snr Const. Jerome Lienert and Snr Const. Tung Tran are one step closer to paperless evidence recording.
Majoran Co-founder Michael Reid is excited about the achievements of both startups.
"We're so pumped for both teams," Mr Reid said. "They've both got solid concepts and prototypes. Both teams have also been able to attract world class advisors into their startups. This win is also a huge win for Majoran. We like to think it validates our mission of building community here in Adelaide, a community with global ambition and global reach.
“The whole of Adelaide's startup community is on a mission right now: Project Unicorn, to find the next world class Adelaide startup. What we're witnessing right now, thanks to the generosity and hard work of the Department and UniSA, is the birth of two more candidates.
“Programs like this will do so much to attract and retain more young and ambitious creatives. It's a huge plus for Adelaide and we have to really thank the team at Department of State Development for developing the program and UniSA for getting it up and running,” Mr Reid said.
Venture Catalyst is an initiative by UniSA and SA Department of State Development, which assist students to bring a product or service into the market and generate economic benefits for South Australia.