The University of Melbourne has welcomed the announcement that four high-growth, global tech companies will join the Cremorne Digital Hub’s (CDH) first scale-up program.
The University was a founding member of an industry-led consortium selected to establish the CDH, which aims to drive Cremorne’s transformation into a world class technology precinct through uplifting technology and innovation capability, developing and attracting talent, creating jobs and stimulating business growth. Other founding partners were Artesian, RMIT University and La Trobe University, with a number of other partners having joined since CDH was established.
The six-month scale-up program, delivered in partnership with Boab AI, will help participants achieve investment, form new partnerships, validate their products against industry requirements, develop high functioning teams and build brand awareness. The CDH’s network of partners, investors and industry advisors will provide tailored support and direct connections to industry leaders.
The four companies selected to join the inaugural program are:
- CADS: a Singapore-based platform, providing personalised online learning and workforce development to help organisations close skills gaps, boost data literacy and cultivate a data-driven culture in the face of technological change.
- FCC Analytics: a Hong Kong-based platform providing natural language processing, AI ‘Know-Your-Customer’ and Anti-Money Laundering solutions to name screening, customer due diligence, translation monitoring, fraud management, network analytics and compliance bots.
- LARKI: a Victorian-based Software as a Service (SaaS) and data platform, transforming 3D laser scans from planes, drones, tripods and cars, to building and neighbourhood information models (BIM), streamlining processes for architecture, permit approvals and construction.
- ZEPIC: a USA SaaS platform providing businesses with hyper-personalised, multi-channel customer engagement experiences.
CDH will also support the three overseas-based companies, CADS, FCC Analytics and ZEPIC, to establish a foundation in the Victorian and Australian market, which will enhance Australia’s tech industry capabilities and contribute to local jobs in the sector.
The Chair of the CDH Board, Professor Adrian Pearce from the University’s Faculty of Engineering and Information Technology, said he was delighted to welcome the four companies to Victoria and to expand digital research translation and commercialisation through the program.
“We will soon welcome the program’s first cohort, along with several other companies, to CDH’s new flagship headquarters in Balmain Street, Cremorne,” Professor Pearce said.
“This is an important step for the vision of the CDH to come to life. Working in tandem with our enormously successful Melbourne Connect innovation precinct, the CDH will play an important role in driving Victoria’s digital transformation and positioning Australia on the global stage of tech innovation and commercialisation.”
