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Innovate in Greece by SEV & Endeavor Greece

Stavros Papadopoulos: Bringing the database revolution with TileDB

When Stavros Papadopoulos was 12 years old, his cousin made him aim for university. Fortunately, the pressure paid off and Stavros studied in Thessaloniki, got a PhD in Hong Kong and ended up at MIT and Intel to do research.

There, he founded TileDB, a deep-tech company that can efficiently manage all types of data imaginable, including geographic, and medical data. His company has received investments from Intel, MongoDB and Lockheed Martin, among others, and maintains offices in Greece and Boston.

In conversation with Marco Veremis, he talks about his academic and entrepreneurial journey, the milestones he set for investing, how much he has read and that “entrepreneurship is like school: you keep going to a bigger class to learn something more”.

We'd like to thank Eurobank and Grant Thornton for supporting the production of the Innovative Greeks Talks series, via Growth Awards, the leading initiative for Business Excellence.

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In SEV’s industrial conference 2023, Dimitris Papalexopoulos, Chairman of the Board of the Hellenic Federation of Enterprises discussed the new development model of Greece and how can the outlook for the country be improved. He offers ten goals for 2030 to achieve a more competitive national economy.

Vivante Health, the leader in digital digestive health, raised $31 million in Series B funding led by new investor Mercato Partners. The round also includes new capital from Health Catalyst Capital as well as returning investors 7wireVentures, Intermountain Ventures, Distributed Ventures, Human Capital, and SemperVirens.

Perceptual Robotics, the startup with Greek DNA that specializes in inspecting wind turbines with artificial intelligence, announced the competition of its latest round of funding. More specifically, the Bristol-based company with offices in Greece has secured a significant investment from Susten, a leading name in the energy industry. The investment is expected to help the company to expand into new markets, as well as develop new product lines.

Progressive Robotics, an industrial-tech startup raised an undisclosed amount of seed capital from Genesis Ventures. The Progressive Robotics is a spinoff of the Aristotle University of Thessaloniki. The funding will be used to run the first pilot implementation of its robotic solution in factories in Northern Greece and Germany.

TileDB raised $34 million from investors, such as AlleyCorp of founder and CEO Kevin Ryan, creator of Nasdaq-listed MongoDB and investor in Blueground, Lockheed Martin and Intel Capital, the investment arm of the technology giant. Other participants in the funding round included biotech company Amgen, Nexus Venture Partners, telecoms company Verizon and Greek investment fund Big Pi Ventures.

According to the findings of EY Greece's major survey, EY Attractiveness Survey Greece 2023, in an environment of global economic challenges, Greece's attractiveness as an investment destination continues to strengthen. 40% of the companies surveyed plan to invest or expand their operations in Greece over the next year, while 67% of the companies surveyed expect Greece's attractiveness to improve further in the next three years.

Maggie Athanasiadi, Director of Industry, Growth, Technology and Innovation, and Lampros Kourtis, co-founder of Chronicles Health, Konstantinos Tzortzakis, co-founder of Anodyne Nanotech and Nikos Kalliagkopoulos partner with BiPi Ventures discuss the outlook of the Greek biotech startup ecosystem, in this article in Kathimerini.

The TITAN Group and Orcan Energy have recently launched their cooperation to exploit a new modular technology from Orcan Energy and explore its potential for large-scale application. The new technology can convert large amounts of waste heat into clean and affordable energy.

ENEXAN is a company that develops energy management software and drives innovation in the energy sector, by employing AI centric solutions. We met with Yiannis Lymperopoulos, CEO and co-founder and we had the chance to talk about his work and learnings. Here's what he told us.

SEV’s new installment of the successful Innovation Ready workshop series is planned for the 23^rd to 25^th October. In total, 7 companies of the Greek food industry are meeting with 16 startups in 27 B2B meetings. If you are interested to participate or want more information get in touch.

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