The more I read about KTIG and where the tech has come from namely (Innovyz, Tonsley and CSIRO) the more I'm exceptionally bullish on the businesses prospects. The creative minds and calibre of people they have working over there is quite exceptional, not to mention the business connections and experience which span the globe.
Previous success stories from this same stable are Titomic which is also listed on the ASX and also came from CSIRO innovation.
This innovation hub in Adelaide known as Innovyz has "started 60 companies with a collective value of more than half a billion dollars (with more in the works), and they’ve raised funds in excess of 70 million dollars. The success of Innvoyz is a testament to the value of a good idea – regardless of the economic climate."
Very cool what they are doing over there in Radelaide. Probably a great innovation hub/accelerator to keep an eye on.
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