I'm one of the founders of Lexim - an AngelCube company. The Optus Innov8 Seed program isn't another accelerator/incubator in the same sense as AngelCube/Start

I'm one of the founders of Lexim - an AngelCube company. The Optus Innov8 Seed program isn't another accelerator/incubator in the same sense as AngelCube/StartMate etc, but rather a pre-series-A fund, filling the void in Australia of post seed/pre-VC funding. I can't speak for the other shortlisted companies, but AngelCube put us exactly where you suggested an accelerator-graduate company should be. We've raised a seed round post the AngelCube program, and picked up traction. The Innov8 fund is a great way to get a pre-series-A size investment, access to great resources and specified, targeted mentoring. Unlike an accelerator/incubator it is not a structured program, nor do they prefer co-location of the teams.