Community Update

?? G’day, we're so glad you're here!

This is your weekly update highlighting the events that happened in our community. A big welcome to the new subscribers that have joined since our last edition!

Our teams have a newly published memo, a bot army, a TGA approval, and enterprise customers. ??

There was a tangible sense of excitement within the community this week as the first supporters begin following, registering support, and giving feedback to teams on the platform. We also saw our first set of supporters jump in and start assisting the founders of Auric and Trove, with heavy hitters such as the director of a tech recruiter and CTO of an AI startup lending a hand.

Let's get started ??

??? Upcoming Events

?

TODAY – Join us for our company preview session at 11:30 AM AEST (GMT+10:00). We're evolving our fortnightly deck review meeting to provide a more meaningful experience to both founders and supporters. We'll still be reviewing pitch decks, but also sharing stories, insights, and anecdotes based on interactions or experience you might have had with these founders, companies, or their respective industries. In this week's special edition, I'll also be running through how you can:

• Follow companies
• Connect with founders
• Provide feedback / insight
• Offer your skills or capital

Simply fill out this form to get the calendar invite . We’re looking forward to seeing you there!

?? Join the Community?

• Join as a Supporter: Share your expertise and connections as a Contributor or your capital as an Investor and help shape incredible startups.
• Join as a Founder : Are investors saying things like "too early", or "show us line of sight to product/market"? Struggling with how to describe your vision, product, or strategy? Our community harnesses the power of thousands of experienced operators, founders, and investors who transform strategy and messaging into an investor's dream.

?? The Latest

Highlighting the latest news from our teams throughout their memo process. We can't do them justice with the space we have here, so please head over to each of their linked pages to learn more. ??

Alex from LustLab ?? Revolutionising content creation with hyper personalized generative AI.

??New ?? memo ?? alert ?? LustLab has been killing it with the help of our community, and completed their memo this week. Alex is a ridiculously smart guy and the traction and tech he talks about in the memo is seriously impressive.

Read LustLab's complete memo here ????

Founder update:

• Fundraising 2M (committed to July 31).
• Targeting 90% for BotArmy (currently 86% Engagement)
• 100% bespoke acquisition strategy We’ve just started wrapping up some demos for B2B partners. This will uber boost B2B partner acquisition. We’re approaching this by building general templates which will allow us to have a 100% bespoke acquisition strategy.

Check out the full update !

Community expert highlight:

"What LustLab is really doing is it's super-powering creators, and when we do that we allow them to scale and still have careers...in a whole span of spaces." - Andrea Barrica, Y Combinator alum, author, venture investor, and founder of sexual wellness education platform O.school , Andrea worked with Alex while helping us understand the landscape of the sextech industry and recognise the importance of ethics, trust, and safety in order to build sustainable growth.

A big thank you to our other community experts who contributed to the memo:

Sarah Bell - Co-founder of RiTA and previous principal of innovation and industry at CoreLogic

Nikhil Singh - Co-Founder & CTO @ Decipher AI, Founder @TekTorch.AI

Adam from Auric ??

Transforming mental wellness through AI-driven aromatherapy.

Receiving TGA approval is a make-or-break moment for many startups, and this week Auric secured approval for their essential oils. They was also accepted to Antler Accelerator Cohort #12 which begins in August. Way to go Adam ??

Founder update:

• Regulatory Milestone Received TGA (Therapeutic Goods Administration) approval for our essential oils, ensuring that our products meet stringent health and safety standards.
• Team Expansion We are excited to welcome two new interns to the Auric team: a Computer Science & IT intern from Charles Darwin University and an Accounting and Finance Sophomore from Bridgewater State University.
• Product Update This week, we concentrated on implementing MQTT to streamline real-time communication between the Auric AromaSphere device and our cloud infrastructure.

Founder asks:

• Sustainability and Environmental Expert We are seeking an expert to support our “BotanicaCycle” program, aimed at promoting sustainability and environmental responsibility in our essential oils’ lifecycle. Our revolutionary RFID tagging system tracks the entire process from plant growth to TGA approvals. We want to encourage consumer participation in eco-friendly initiatives and ensure our hardware recycling is environmentally focused.
• Join Auric Essentials Be part of the future of wellness and keep our metrics ticking on. Here are three ways you can get involved:

Check out the full update !

Charlie ?& Liam ?from VOLI ??

Bringing the world’s impact in a single platform.

This week team VOLI boiled down their priorities to 5 key areas, scored more customers, and moved closer to onboarding their first enterprise team ??

Founder update:

• Confirmed x2 more customers who will be onboarded to the platform next month.
• Close to closing a team within our first enterprise business.
• Liam presented a keynote at the Volunteering Victoria conference and MC’d on the main stage!

Founder asks:

• ?Introduction to mid-sized marketing agencies (10 people+) to pilot our platform.

Check out the full update !

?? Members of the Week

With the release of our new platform there were several legends who immediately jumped in and began connecting, following, offering support and feedback, and commenting on progress updates. This week I want to call out and recognise each of these incredible members of our community. Thank you! Bastiaan Vermeulen Casey Pfluger Antonia Grimard Edward Lashinski Legends! ??

What is Community VC??

By transforming the traditional due diligence process into a collaborative, community-led team experience, we offer the most impactful capital raise preparation for startups.

The purpose of this newsletter/website is to provide general information only and the contents of this website do not purport to provide personal financial advice. Community VC strongly recommends that investors consult a financial adviser prior to making any investment decision.

?

The contents of the Community VC newsletter/website does not take into account the investment objectives, financial situation or particular needs of any person and should not be used as the basis for making any financial or other decisions.

The information is selective and may not be complete or accurate for your particular purposes and should not be construed as a recommendation to invest in any particular product, investment or security. The information provided on this website is given in good faith and is believed to be accurate at the time of compilation.

Read our full disclaimer .