In a meeting last month, Michael Hadjiloucas, a US-based Business Advisory Member of Kinisis Ventures (KV), met with the President of Cyprus, Nikos Christodoulides. This encounter marked an important moment for Cypriot startups, as it showcased their potential on an international stage.

Hadjiloucas, who is also a Partner & National Pharma & Medical Devices Sector Leader at EisnerAmper Global, updated President Christodoulides on KV's ventures and its investment in eight Cypriot startups. A highlight of the meeting was the presentation of airbeld, an innovative indoor air-quality monitoring system developed by Embio Diagnostics, one of KV's portfolio companies.

Kinisis Ventures Ltd, established in 2018, is renowned for its unique approach in the Cypriot innovation ecosystem. As the first CySEC-registered Venture Capital fund focusing primarily on Cypriot startups, KV leverages its US experience to elevate disruptive Cypriot innovation. The Fund has strategically positioned itself to identify and invest in early-stage companies with the potential to scale in the USA and other key international markets.

The visit also included touring the labs of Promed Bioscience and Embio Diagnostics Ltd, where Hadjiloucas could experience the groundbreaking work being developed in Cyprus. Embio Diagnostics expressed their gratitude for this opportunity, highlighting the milestone of being recognized in the president's office, and a testament to the growing influence and potential of Cypriot technology startups in global markets, especially in areas like healthcare, environmental monitoring, and food safety.

EMBIO Diagnostics, a key player in this growth, focuses on creating portable, biosensor-based diagnostic devices. Their innovative solutions in various sectors, including healthcare and environmental monitoring, exemplify the advancements in biotechnology that Cypriot companies are capable of achieving.

airbeld IAQ Quality Monitoring System: airbeld system is an integrated, cost-effective monitoring system designed to assess Indoor Air Quality (IAQ) and promptly detect and report hazardous incidents that directly impact health and well-being.

Equipped with airbeld Eos sensors, this system continuously monitors and measures factors such as temperature, humidity, carbon dioxide (CO2), volatile organic compounds (VOCs), particulate matter (PM1, 2.5, 4, 10), and Nitrogen Oxides (NOx).

It operates seamlessly in any room under normal environmental conditions for human presence and activity.