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Three KAUST startups placed on the top 10 list of the best companies in the recent Startup Istanbul international competition. Pictured here is startup iyris, which secured the third place in the competition. Image courtesy of Startup Istanbul.
Three KAUST startups placed on the top 10 list of the best companies in the Startup Istanbul international competition, which took place from October 19 to 22.
iyris, Oaesis and UnitX were selected from the top 100 startups out of over 90,000 applicants from over 80 countries in Asia and Europe.
iyris secured the third place in the conference and exhibition that brought together around 4,000 leading entrepreneurs, innovators, venture capitalists and investors to Istanbul as a meeting point between the East and the West. The startup was established by co-founders Derya Baran, KAUST assistant professor; Daniel Bryant; Nicola Gasparini; and Joel Troughton.
Startup iyris was established by co-founders Derya Baran, KAUST assistant professor; Daniel Bryant; Nicola Gasparini; and Joel Troughton. File photo.
Oaesis developed its laser-based energy efficient lighting system to maximize indoor farms' yield using low energy yet providing the necessary light for growing plants.
Startup Oaesis developed a laser-based energy efficient lighting system to maximize indoor farms’ yield. Pictured here are co-founders Vasiliki Kordopati (right), a KAUST master's degree graduate, and Robert Werfelmann, a KAUST Ph.D. student. Image courtesy of Oaesis.
The University supports emerging companies on their journeys from the early stages of ideation to marketing and financial support. KAUST also participates in several conferences and competition locally and globally as part of the University's efforts to contribute to diversifying the sources and means of economic development in the Kingdom by supporting a knowledge-based economy.