What does it take to stand out among 736 startups? For the first time we're pulling back the curtain on ANZâs sharpest startup filter: the Winter25 Accelerator selection process. From six weeks of deep dives and bold debates emerged 23 breakout founders, this report reveals the trends shaping the ecosystem, the frameworks investors use to spot âhell yesâ founders and why now is the best time to back the next generation of startups.
August 26, 2025