At Cicada Innovations (formerly known as ATP Innovations), we believe that innovation led by visionary entrepreneurs profoundly impacts peoples lives and shapes future generations. We are Australia’s first and largest business incubator bringing long-term tailored business support to deep technology entrepreneurs.
Founded in 2000 by four Australian Universities – University of Technology Sydney, University of Sydney, University of New South Wales and Australian National University – Cicada Innovations has a client portfolio of more than 70 high growth startups working on novel products in life sciences, hardware and enterprise software technology sectors. Our full-time mentors have over 50 years of combined experience working with early-stage technology businesses, helping them raise $292 million, sell products across the globe, and for eight, exiting their business via a trade sale or an IPO.
Like our portfolio companies, Cicadas emerge fully formed from their period of incubation and are equipped to take on the world. Read more about the change from ATP Innovations to Cicada Innovations here.
Deep technology based startups are startups founded on scientific discovery, meaningful engineering innovation or enterprise applications of data science. These are technology intensive businesses with a sustainable competitive advantage through products and services that are hard to replicate. Deep technology startups typically require specific technical domain expertise, significant amount of capital and resources to scale.