ilab Accelerator
AcceleratorBrisbane · Pre-Seed–Series A · 62 people tracked
Investment thesis
ilab Accelerator supports early-stage ventures at or near product-ready stage with pre- or early revenue, requiring at least one UQ-affiliated founder (current student, staff, or alumnus). Over 12 weeks, teams access expert-led sessions on business strategy, product development, go-to-market planning, and investor readiness, plus mentoring, co-working space, and access to Queensland's startup and investor networks. The focus is on refining value propositions, building go-to-market strategies, and preparing for early funding such as grants and angel investment. Each accepted startup receives a $15,000 SAFE note investment from UniQuest, paid in three milestone-based tranches.
Source: firm website, verified Aug 3, 2026.
Team · 62 people
from the firm's website
What they invest in
from 2 of 5 portfolio companiesConsumer ×1Data & Infrastructure ×1Deep Tech ×1Developer Tools ×1Energy ×1Enterprise Software ×1Hardware ×1Healthtech ×1
HQs:Australia×2
Portfolio companies · 5 tracked
alumni founders can tell you what the program is really likeAudeara makes headphones that pair with an app to run a personal hearing check and tailor audio output to each user's individual hearing profile.
ConsumerHardwareHealthtech
Uses precision fermentation to create sustainable nutritional protein ingredients, including a synthetic version of lactoferrin; founded by Siobhan Coster in partnership with CSIRO.
Endla develops engineering design tools that optimize performance and efficiency, with a focus on coal seam gas applications.
Data & InfrastructureDeep TechDeveloper ToolsEnergyEnterprise SoftwareBrisbane, AU
Riley O'Donnell(Founder)inMichael Moore(Founder)inCorneels de Waard
Co-investorsY CombinatorUncommon
2023 ilab Accelerator winner, founded by Simone Wilson, Isaiah Stook, and Jason Storey.
Frequently asked questions
- How many investments has ilab Accelerator made?
- ilab Accelerator has 5 tracked investments.
- What stage does ilab Accelerator invest at?
- ilab Accelerator invests at the Pre-Seed, Seed, Series A stages.
- What is ilab Accelerator's typical check size?
- ilab Accelerator typically writes checks of $15K.
- What sectors does ilab Accelerator focus on?
- ilab Accelerator focuses on Deep Tech, Sector Agnostic.
- Where is ilab Accelerator located?
- ilab Accelerator is headquartered in Brisbane, AU.
Media · Podcasts & interviews
from their channelHow to accept your offer? Explainer for our International students.
The University of Queensland
Images
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