Local Innovation Hub Spawns Its First Investment
Announcement posted by StartInno 25 May 2015
Byron Bay Accelerator StartInno off to great start
Byron Bay, Australia -- 21May2015 -- Mullumbimby entrepreneur Dr Paul Hannah has become the first member of StartInno's innovation program to attract an undisclosed investment from Gary Thomas, for his artificial intelligence business idea Ezimon. Mr Thomas was invited to participate as part of the judging panel in StartInno's pitching event Startup Academy Byron Bay hosted with SAE Creative Media Institute where he first saw the Ezimon product among the many pitching teams.
Mr Thomas said "I was really impressed by the quality of innovation and ideas that were presented, and after exploring a few of them, Ezimon was the one that made most commercial sense to me". Since pitching in February, Ezimon is already helping local businesses remotely monitor the health of their machinery. These businesses include Marvell Street Coffee, Brookfarm and the Casino Meat Works. Trials of Ezimon's system are also in progress with a number of large industrial sites in Queensland.
The use of Ezimon's ground-breaking artificial intelligence technology means that remote monitoring of machines can now be achieved with ease and at a low cost. Dr Hannah explains "This is invaluable to businesses that cannot afford machinery downtime. They can use Ezimon's plug-and-play early warning system to conduct preventative maintenance." he adds "through StartInno's program I was able to frame my idea and focus on the benefits most important to customers. Then being able to pitch my idea to an audience with people like Gary in the audience gave me a hard deadline to bring all my ideas together".
Ezimon is currently looking for foundation partners, including potential end users and distributors. To apply to be part of the trial program, or to get more information, go to ezimon.com , email paul@ezimon.com or phone 0400 035 497.
The next Startup Academy Byron Bay will be 3 July 2015 at SAE Creative Media Institute. StartInno's "Batch 3" Program Applications are now open.
To find out more and apply visit startinno.com/programs
About Ezimon
Ezimon is an artificial intelligence system which remotely monitors the condition of industrial machinery and motors such as air conditioning units. The system "self-learns" the vibration and heat signatures of the machines and alerts customers over the internet or SMS when a machine is faltering.
For more information visit ezimon.com
About StartInno
StartInno is a startup and coworking studio based in Byron Bay and focuses on the Northern Rivers Region region to offer innovation programs using Lean Startup Methodologies combined with a dynamic and exciting collaborative coworking space to network. The Incubator and Accelerator programs are aimed to help entrepreneurs of all types innovate and grow.
For more information visit startinno.com investors can also get involved by contacting dan@startinno.com
Media enquiries
Paul Hannah, 0400 035 497
Dan Swan, 0415 124 475
Byron Bay, NSW, Australia
paul@ezimon.com
dan@startinno.com
http://www.startinno.com/blog/2015/5/21/local-innovation-hub-spawns-its-first-investment
Mr Thomas said "I was really impressed by the quality of innovation and ideas that were presented, and after exploring a few of them, Ezimon was the one that made most commercial sense to me". Since pitching in February, Ezimon is already helping local businesses remotely monitor the health of their machinery. These businesses include Marvell Street Coffee, Brookfarm and the Casino Meat Works. Trials of Ezimon's system are also in progress with a number of large industrial sites in Queensland.
The use of Ezimon's ground-breaking artificial intelligence technology means that remote monitoring of machines can now be achieved with ease and at a low cost. Dr Hannah explains "This is invaluable to businesses that cannot afford machinery downtime. They can use Ezimon's plug-and-play early warning system to conduct preventative maintenance." he adds "through StartInno's program I was able to frame my idea and focus on the benefits most important to customers. Then being able to pitch my idea to an audience with people like Gary in the audience gave me a hard deadline to bring all my ideas together".
Ezimon is currently looking for foundation partners, including potential end users and distributors. To apply to be part of the trial program, or to get more information, go to ezimon.com , email paul@ezimon.com or phone 0400 035 497.
The next Startup Academy Byron Bay will be 3 July 2015 at SAE Creative Media Institute. StartInno's "Batch 3" Program Applications are now open.
To find out more and apply visit startinno.com/programs
About Ezimon
Ezimon is an artificial intelligence system which remotely monitors the condition of industrial machinery and motors such as air conditioning units. The system "self-learns" the vibration and heat signatures of the machines and alerts customers over the internet or SMS when a machine is faltering.
For more information visit ezimon.com
About StartInno
StartInno is a startup and coworking studio based in Byron Bay and focuses on the Northern Rivers Region region to offer innovation programs using Lean Startup Methodologies combined with a dynamic and exciting collaborative coworking space to network. The Incubator and Accelerator programs are aimed to help entrepreneurs of all types innovate and grow.
For more information visit startinno.com investors can also get involved by contacting dan@startinno.com
Media enquiries
Paul Hannah, 0400 035 497
Dan Swan, 0415 124 475
Byron Bay, NSW, Australia
paul@ezimon.com
dan@startinno.com
http://www.startinno.com/blog/2015/5/21/local-innovation-hub-spawns-its-first-investment