Innovation Excellence Awarded to Tide at Deep Tech Festival
Tide named winner of coveted Innovation Excellence Award for the venture whose technology demonstrated the highest level of innovation amongst the Tech23.
The selection of a Cybersecurity deep technology venture coincides with the prioritization of Cybersecurity as the primary pillar for national security and follows an additional $1.67b investment into executing it's Cyber Security 2020 Strategy.
Previous winners of Tech23 have gone on to disrupt online learning, AI, cross-border payments and more including Smart Sparrow (Acquired by Pearson), Kaggle (Acquired by Google) and unicorn Airwallex (raised over $200m).
"The digital economy is the future of Australia’s economy. This has been demonstrated by the coronavirus pandemic. We are seeing how much Australian’s are interacting online – for work, healthcare, education, entertainment and shopping."
"We will protect our vital infrastructure and services from cyber attacks. We will support businesses to protect themselves so they can succeed in the digital economy." Prime Minister Scott Morrison said.
For 12 years, Tech23 has celebrated and amplified the impact of Australia’s deeptech gamechangers. Tech23 takes pride in signposting our nation’s capabilities, amplifying global connections for emerging companies and joining the dots between enterprise and homegrown deeptech.
The Tech23 Deeptech Festival 2020 is sponsored by AusIndustry, UNSW, Main Sequence Ventures with CSIRO, NSW Government, Macquarie University, Addisons, ANSTO and Cicada Innovations.