About CyRIC
CyRIC, an accelerator and incubator program founded in 2012, is based in Nicosia, Cyprus. With a presence in 7 countries, it has supported around 18 startups in sectors like High Tech, Enterprise Applications. Most notable companies in
its portfolio include SportScientia, aviolite.com and FLOBOT. The program is backed by a team of 9 people who primarily support startups based in Cyprus, Finland.
Key Metrics
CyRIC's List of Top Investments
CyRIC has a portfolio of 18 companies. Their most notable investments include SportScientia and aviolite.com.Their portfolio spans across Cyprus, Finland, Greece and 4 more locations. They have invested in High Tech, Enterprise Applications, Life Sciences and 11 other sectors. Here is the list of top investments by CyRIC:
Provider of smart insoles to track fitness activities. The company offers a 3P instrumented smart insole to capture the data of running activity, human health, and performance.
Key facts about SportScientia
2. aviolite.com
Manufacturer of high-end paramotors with innovative designs. The company focuses on safety and performance, employing engineering and scientific knowledge to improve paramotor equipment. New lightweight materials and technological improvements, including a novel engine torque counterbalancing method, are incorporated to enhance structural strength, impact resistance, and stability. A safety-by-design approach minimizes pilot error and mechanical failures. A prototype undergoes extensive field testing and evaluation before release. Development leverages expertise in paramotoring and research and engineering knowledge.
Key facts about aviolite.com
3. FLOBOT
Developer of a robotic floor scrubber with water and battery refilling. The system includes a mobile platform for washing floors and a docking station. The docking station refills water and detergents, discharges grey water, and recharges the battery. The project received support from the European Commission.
Key facts about FLOBOT
4. DIH²
Key facts about DIH²
5. PERSONAS
Cloud-based system-level framework for virtualization. It offers solutions such as situational awareness management, security policy enforcement, multiple virtualization manamgent, and multi-device management.
Key facts about PERSONAS
Team profile of CyRIC
CyRIC has a team of 9 members including 2 Partners and 5 Principals located in Cyprus. CyRIC's team does not sit on the board of any company as of now.Here is a list of all team members in CyRIC:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Nicosia | - | ||
Partner | Cyprus | - | ||
Principal | Nicosia | - | ||
Principal | Cyprus | - | ||
Principal | Nicosia | - | ||
Principal | Cyprus | - | ||
Principal | Nicosia | - |
Recent News related to CyRIC
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Seven European IoT solution providers choose EchoStar for real-time satellite IoT connectivityPR Newswire•Jul 04, 2023•EchoStar, Semtech, API-K, CyRIC and 5 others
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