IRYStec Takes Home Gold at the Ottawa Fundica Roadshow (Views: 2338)
Congratulations to IRYStec who took home gold at our first Fundica Roadshow in Ottawa at Kivuto Solutions. IRYStec's CEO, Simon Morris and Tara Akhavan, CFO, took the Roadshow's judging panelists by storm.
With an intelligent display engine, IRYStec is revolutionizing digital screen perception for users. It improves readability of devices across different lighting conditions, and saves device battery power by up to 40%. The Montreal-based start-up’s pitch won them round-trip airfare, three months of office and meetings with potential investors in San Francisco, not a bad day for IRYStec!
“The show helped to promote the company and it improved our credibility. We received a term sheet for our Series-A round shortly after being selected winner at Fundica Roadshow, and are completing legals now with expectation to close in the near future,” said Morris.
Lately, the startup has been gaining a lot of traction: they were coined by Venture Radar as the “Hot new company to watch out for”, and won yet another Best Pitch award, at Startup Pitch Night. IRYStec also seems to have an affinity for Silicon Valley extending past the Fundica Roadshow grand prize. IRYStec presented at SID Display Week in May, and will be pitching at the Start-Up World 2016 Conference in San Francisco.