Search company, investor...

Predict your next investment

River City Labs company logo
Incubator/Accelerator
BUSINESS PRODUCTS & SERVICES | Facilities
rivercitylabs.net

Investments

17

Partners & Customers

3

About River City Labs

River City Labs is a coworking community of like minded individuals who came together to promote and develop early stage and start up businesses and entrepreneurial activity in the mobile, Internet, telecoms and technology sector in Brisbane and surrounding regions in Australia.

Headquarters Location

Level 2 282 Wickham Street

Fortitude Valley, Queensland, 4000,

Australia

(07) 3071 7486

Are you an investor?
Submit your portfolio details now to be considered in our investor rankings.

Latest River City Labs News

River City Labs to exit The Precinct in Brisbane as CoSpaces appointed new manager

Jan 19, 2024

By Matt Ogg Photo: River City Labs After more than a decade of fostering Brisbane startups in Fortitude Valley, River City Labs (RCL) has announced it is exiting The Precinct and will no longer be offering co-working as part of its membership fees, with a relocation to Anzac Square in the CBD at a new co-working space in partnership with Hub Australia. River City Labs was founded in 2012 by entrepreneur and Shark Tank investor Steve Baxter, before being sold in 2018 to the Australian Computer Society (ACS) which also has hubs on the Sunshine Coast , Sydney and Melbourne. According to its website, more than 700 founders have called RCL home since it began with the hub hosting more than a thousand events aimed at supporting founders on their entrepreneurship journeys, and welcoming more than 29,000 guests into the community. "After 11 years of success in the innovation ecosystem, and a review of current and developing market needs, River City Labs have decided to increase its focus on the programs and resources it provides members," a spokesperson for ACS told Business News Australia in a statement. "Along with parent organisation ACS – the Australian Computer Society – River City Labs will be relocating in mid-January to Anzac Square in the Brisbane CBD to a new coworking location in partnership with Hub Australia. "This move will include River City Labs members that are co-located at Fortitude Valley, ACS Queensland staff and ACS Staff who visit, ACS members and partners and guests who use our current facilities." The spokesperson said members will be able to access all of its current and growing programs and services via a digital platform and "continue to be the landing pad for technology entrepreneurs and the communities that enable them". Photo (L-R): CoSpaces chief operating officer Ariana Margetts, programs director Dren Xërxa, and CEO Ben Howe. Meanwhile, the Queensland Government has announced CoSpaces as the new manager of The Precinct under an agreement that will commence at the start of March. The Precinct is Queensland's leading startup hub and part of the $755 million Advance Queensland initiative established to support innovative businesses and attract tech talent to the Sunshine State. With more than a decade of experience delivering innovation projects for government, corporates, and startups, CoSpaces CEO Ben Howe says the team is thrilled to be appointed to manage of The Precinct. “The Precinct has long been a beacon of inspiration, fostering the development of cutting-edge technology and groundbreaking companies that have driven Queensland’s innovation ecosystem forward,” Howe says. “We’re thrilled to be working alongside Advance Queensland, and the wider Brisbane community to support founders, startups, and innovation thrive and grow in the State of Queensland.” As manager of some of Queensland’s leading entrepreneurial projects, coworking spaces, and innovation hubs, CoSpaces is responsible for over 13,000 square metres of shared workspace, delivering support programs, resources, and events to help Australian tech startups and small businesses grow. CoSpaces currently manages Cohort Innovation Space, the Queensland AI Hub, LX Health, and OldStation.

River City Labs Investments

17 Investments

River City Labs has made 17 investments. Their latest investment was in Kapiche as part of their Seed VC on September 03, 2019.

CBI Logo

River City Labs Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/3/2019

Seed VC

Kapiche

$1.18M

Yes

2

7/10/2019

Angel

Monarc Pty. Ltd.

$0.5M

Yes

Brisbane Angel Investors Network, muru-D, and Undisclosed Investors

1

9/4/2018

Pre-Seed

Vygo

$0.29M

No

1

2/22/2018

Seed

Subscribe to see more

Subscribe to see more

10

10/1/2017

Incubator/Accelerator

Subscribe to see more

$99M

Subscribe to see more

0

Date

9/3/2019

7/10/2019

9/4/2018

2/22/2018

10/1/2017

Round

Seed VC

Angel

Pre-Seed

Seed

Incubator/Accelerator

Company

Kapiche

Monarc Pty. Ltd.

Vygo

Subscribe to see more

Subscribe to see more

Amount

$1.18M

$0.5M

$0.29M

$99M

New?

Yes

Yes

No

Subscribe to see more

Subscribe to see more

Co-Investors

Brisbane Angel Investors Network, muru-D, and Undisclosed Investors

Sources

2

1

1

10

0

River City Labs Partners & Customers

3 Partners and customers

River City Labs has 3 strategic partners and customers. River City Labs recently partnered with Bank of Queensland on February 2, 2018.

Date

Type

Business Partner

Country

News Snippet

Sources

2/19/2018

Partner

Australia

Brisbane hub River City Labs signs two year sponsorship deal with Bank of Queensland

`` The new opportunities this partnership presents for Bank of Queensland ca n't be understated and we are excited about this new chapter with River City Labs .

1

2/19/2018

Partner

Australia

Subscribe to see more

Subscribe to see more

10

8/2/2016

Vendor

Australia

Subscribe to see more

Subscribe to see more

10

Date

2/19/2018

2/19/2018

8/2/2016

Type

Partner

Partner

Vendor

Business Partner

Country

Australia

Australia

Australia

News Snippet

Brisbane hub River City Labs signs two year sponsorship deal with Bank of Queensland

`` The new opportunities this partnership presents for Bank of Queensland ca n't be understated and we are excited about this new chapter with River City Labs .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

10

River City Labs Team

2 Team Members

River City Labs has 2 team members, including , .

Name

Work History

Title

Status

Steve Baxter

Founder

Former

Subscribe to see more

Subscribe to see more

Subscribe to see more

Name

Steve Baxter

Subscribe to see more

Work History

Title

Founder

Subscribe to see more

Status

Former

Subscribe to see more

Loading...

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.