Basic Info

YBF is Australia’s original and largest tech and innovation hub, headquartered in Melbourne. Today it is proud to be home to over 400 members making up over 75 future-focused Australian and international technology startups and scaleups at its Melbourne CBD location alone. 

YBF Melbourne is the top-choice landing pad for international technology firms setting up operations in Australia. Uber, 90 Seconds, Foodora and Kickstarter started their Australian journeys from YBF. Currently, Silicon Valley’s Wrike, London’s PayBreak (Etika) and Silicon Slope unicorn, Lucidchart house their own APAC headquarters at YBF Melbourne.

YBF’s three-tiered mission is to help startups to scale, scaleups to success and corporates to innovate. As such, YBF is home to several large technology hubs that centre on key aspects of innovation for Victoria. Examples of these include the YBF Fintech Hub; the Australian LawTech Hub in collaboration with law firm, Lander & Rogers and SquareGrape, Australia’s first tech hub for the wine sector, in partnership with Treasury Wine Estates.

Why work with us

YBF serves as a connection centre for startups, scaleups, investors, corporates, government bodies, educational institutions and researchers – all coming together to propel the Australian tech and innovation industry forward and serve as a gateway to the region for international players.

Aside from its resident member companies, YBF has a vast alumni network, and hosts hundreds of events annually to support the growth of the Australian technology sector. YBF also operates a tech and innovation centre in Sydney’s CBD, which members of YBF Melbourne are able to utilise as well. 

The YBF team features several senior leaders from international technology and engineering companies, and as a result, is able to provide unmatched insight into international companies and expansion into the Asia-Pacific region. In addition, YBF’s senior leadership includes serial entrepreneurs, technologists and industry experts.

Startup, scaleup and corporate members of YBF’s community are able to take advantage of YBF’s global network that reaches over 50,000 people annually and become immersed in Australia’s oldest and most-renowned tech community. 

Along with commercial success, YBF remains committed to its members’ wellbeing. YBF runs multiple mental and physical health activities on a weekly basis, as well as numerous programs to encourage an inclusive and diverse participation in Australia’s rapidly growing technology sector.

Clients (9)

UNVERIFIED

Lucidchart

Internet Software & Services

UNVERIFIED

Wrike

Internet Software & Services

UNVERIFIED

Treasury Wine Estates

Internet Software & Services

UNVERIFIED

Honeywell

Aerospace

Brochure

Video

Company focus

Services

Tech and Innovation Hub

Industries

Agtech
Artificial Intelligence
Augmented Reality
Blockchain
Cybersecurity
FinTech
IoT
Proptech
SaaS
Web 3.0

Projects or Case studies (2)

Lucidchart APAC Headquarters

November 2019 -

Based in Utah in the USA, Lucidchart is a global tech firm. In November 2019, the company opened its Asia Pacific headquarters at YBF Melbourne. Lucidchart enables its more than 15 million users to gain an elevated perspective on complex problems and processes through its powerful diagramming core and collaboration features. Users can automate layout and easily pull in data to layer additional information on top of their diagrams. This information provides added context for a more comprehensive view of relationships, interdependencies and areas of improvement, helping professionals of all fields solve problems, drive better business decisions and innovate faster. Lucidchart is used in over 180 countries and in seven languages. Over the next five years, Lucidchart plans to hire over 100 new positions in Melbourne, specifically focused around sales, customer success and marketing, with the goal to better support and grow its already robust APAC user base of more than three million knowledge workers. Current customers in the region include Woolworths Supermarkets, LINE Corporation, Coupang, Flipkart and Xero. Invest Victoria supported Lucidchart’s entry into the APAC market, and YBF played a key role in creating a productive launch environment for the company, as well as helping to introduce Lucidchart to the local tech community. Dave Grow, president and COO of Lucidchart said, "We're excited to join the thriving tech scene at YBF Ventures in Melbourne. We see a lot of great organic growth in APAC, and we believe that opening this office in Melbourne, a region that is continually producing and nurturing some of the best talent in tech, will provide us with the ideal resources to better serve and represent these customers."

Wrike APAC Headquarters

December 2018 -

Wrike is a global tech company that manages a collaborative work management platform. In December 2018, they opened their Asia Pacific headquarters at YBF Melbourne. The company’s global headquarters are in San Jose, California. Wrike helps organizations create new efficiencies, align work activity with the most important business objectives, and drive results. The company’s collaborative work management platform allows teams, departments, and whole organizations to plan, manage, and collaborate on projects and tasks in real-time. The Wrike platform operates across all functions to unify the enterprise in a single digital workplace with all the features, tools, and integrations needed to automate and complete work at scale. Invest Victoria supported Wrike’s entry into the APAC market, and YBF played a key role in creating a productive launch environment for the company, as well as helping to introduce Wrike to the local tech community. For example, an official launch party was held in the YBF Melbourne Ballroom with attendees from all over the sector as well as government leaders and ministers. Wrike CEO and Founder Andrew Filev said, “Opening an APAC HQ is an incredible milestone for Wrike. We are grateful to Invest Victoria Executive Director Daniel Bisignano, the Honourable Philip Dalidakis, and the whole YBF Ventures team for their support on this monumental occasion for Wrike. The APAC region offers a tremendous opportunity for Wrike as more and more companies are looking for a solution to help them better for plan, manage, and complete high value work at scale in the digital age.” In the first year of entering the market, Wrike’s footprint has grown from an initial launch team to a facility which can now accommodate 50 people at YBF Melbourne.

Contacts

Niels Maartens

Niels Maartens

Chief Commercial Officer

Social Media