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Press Release: Tesibit Joins The Accelerator 2016 by Metavallon and Embarks on the Energizing Business Adventure

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July 25, 2016. Metavallon continues to support Greek innovation and startups by announcing another future-shaping new venture that will be entering The Accelerator.

Four months ago, the vibrant impact-driven Metavallon called to European startups thirsty for creation and growth to Press Start on the latest cycle of its rigorous business acceleration program, The Accelerator. Through it, Metavallon offers an intense acceleration process to select early-stage startups that are ready to take-off. Its aim: to get game-changing companies and dedicated entrepreneurs into high gear and transform them into powerful investment-worthy startups with a wide global reach.

Recently, Metavallon completed the applications evaluation process, through its Innovation Ally Fundacity, and is happy to announce yet another innovative company that will be joining The Accelerator: Tesibit.

An intellectual-property-driven startup, Tesibit brings powerful performance enhancement to large-scale installations in the renewable energy industry. Applied to wind turbines and to bioreactors alike, the pioneering Tesibit SaaS platform uses machine learning and true Advanced Process Control technology to continuously monitor operations, assess productivity in real time, and significantly boost the performance of the system. The cloud-based service delivers up to 11% increase in daily production and boasts superior accuracy and intelligent operational autonomy.

The cutting-edge platform is in its private beta stage and is already being employed by two Greek companies active in the Energy sector, with remarkable results.

What is up for grabs for Tesibit

The Accelerator is offering Tesibit a powerful setup and great perks to gear up the team for success and global domination. Specifically, Tesibit is already enjoying:

● the support, experience, and know-how of the most talented and accomplished professionals, mentors, and startup experts
● amazing targeted networking opportunities and unrivaled exposure within the European and the US market.
● a US mission in San Francisco and Silicon Valley that aims to empower startups with mighty partnerships and to get them pitch perfect
● the incredible opportunity to meet and pitch to engaged individual and institutional investors around the world and seal market Alliances through Ericsson, XponentialWorks, and other international tech industry leaders
● €22.000 in funding and over $200K in perks and services to get the startup started- offered by The Accelerator’s powerful Program Partners, such Microsoft and PayPal

​Targeting efficient and fast acceleration and growth

For Tesibit, joining The Accelerator is a great step towards scaling up. Indeed, Vassiliki Ntampasi and Antonios Arvanitidis, Founders of the venture, state that: “The Accelerator will give us the tools to decide on a viable and scalable business model, organize our action and growth plan accordingly, and create an internationally competitive venture. Through the Accelerator’s rigorous process and high-profile Program Partners and Allies, we expect to enter a world of opportunities for market expansion and growth funding.”

On the Metavallon front, Katerina Pagkalou, Program & Operations Manager at Metavallon shares: “This year, we will be empowering a remarkably talented team, working on an ingenious solution. We believe that Tesibit has an undeniably promising future lying ahead. There is space for fast scale up and great progress. In this respect, we think that The Accelerator can truly be a catalyst for growth for Tesibit.”

Where can I learn more?

Find more about Metavallon and The Accelerator 2016 on our blog and on your social media of choice: Facebook, Twitter, Pinterest, Google+, Linkedin– more news and updates coming up!

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Notes to editors

Metavallon is a vibrant social enterprise that empowers and accelerates startups at their very early stages. Our mission is to uplift passionate enterprising spirits around the world and generate a powerful venturing movement across Europe. Towards this, we work on the ground with budding entrepreneurs to build capacities and networks, and are active ecosystem enablers via support services to accelerators across Europe, awareness campaigns, and research. Through these activities, since 2012, Metavallon has enabled over 320 founders in their entrepreneurial endeavors.

The Accelerator by Metavallon is a rigorous 4-month business acceleration program looking to gear up passionate founders to build a powerful market presence, create a scalable business, secure follow-on funding, and get the right results, fast. The Accelerator 2016 offers 22.000€ in pre-seed funding, over $220K in perks and services to participating teams, and a high-profile US mission to Silicon Valley and San Francisco.

Tesibit brings powerful performance enhancement to large-scale installations in the renewable energy industry. Applied to wind turbines and to bioreactors alike, the pioneering Tesibit SaaS platform uses machine learning and true Advanced Process Control technology to continuously monitor operations, assess productivity in real time, and significantly boost the performance of the system. The cloud-based service delivers up to 11% increase in daily production and boasts superior accuracy and intelligent operational autonomy. Tesibit is eager to join the fourth industrial revolution and will be announcing the SaaS public release of its cutting-edge platform soon.

 

 

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