Former Startmate boss Michael Batko is back in founder mode with Hourglass AI

Former Startmate boss Michael Batko is back in founder mode with Hourglass AI

By Simon Thomsen
Publication Date: 2026-04-29 07:42:00

After eight years of running startup accelerator Startmate, which unveiled its newest cohort to a sold-out crowd in Sydney on Thursday night, Michael Batko decided to solve a problem hundreds of founders were asking him about: AI.

Each founder asked him the same question about artificial intelligence: “How do we actually use AI – in our company, right now?” Batko said. Nobody had an answer. So he decided to make it happen.

“I looked around to see who answered that question correctly, but I couldn’t find anyone,” he said.

“Consulting firms gave them strategy packages. Agencies gave them discovery phases. Nobody just built the thing. So I went to deliver what was missing.”

Batko, together with Finlay Ekins (22), founded Hourglass AI – an AI implementation company that builds working systems in Australian companies on a fixed-price basis.