Nigeria's Thrivyx enrolls in FasterCapital LaunchUp accelerator program
In a strategic move to accelerate growth in Africa, Europe, and Asia, the API-first SaaS startup, Thrivyx, has joined FasterCapital's LaunchUp programme. Thrivyx's innovative platform offers a unified solution for real-time monitoring, control, and cybersecurity, addressing a critical gap in the market.
Thrivyx's platform caters to sectors like energy, utilities, manufacturing, and smart cities, delivering integrated security, productivity, and file-sharing solutions. The platform's key features include real-time monitoring and control, integrated cybersecurity, compatibility with legacy equipment, advanced technologies, unified file-sharing and productivity analytics, and remote access capabilities.
The cloud-native SCADA platform enables continuous oversight and command of industrial processes, a critical aspect for operational reliability. The platform consolidates cybersecurity tools to protect critical infrastructure from escalating cyber threats, addressing challenges that mid-sized companies often face with fragmented and costly security tools.
Thrivyx's platform can integrate with existing field infrastructure, minimising disruption and the need for costly equipment replacements. The use of AI-powered anomaly detection helps identify and respond to unusual or potentially malicious activities early. Digital twin visualization allows operators to simulate and analyse infrastructure digitally to predict issues and optimise management.
By combining file-sharing with productivity monitoring, Thrivyx supports efficient data management and workforce performance analysis within the same secure environment, enhancing operational effectiveness. The platform's remote access capabilities facilitate operations and monitoring from remote locations, a feature increasingly important for industrial and critical infrastructure systems.
FasterCapital, a global venture builder and online incubator, offers mentorship, strategic guidance, and network support to early-stage startups like Thrivyx. The LaunchUp programme aims to support startups in their growth journey, providing them with the resources they need to scale and make a significant impact in their respective industries.
Thrivyx targets the underserved segment by offering a unified, scalable platform for security monitoring, productivity analytics, and data management. The startup aims to address the cybersecurity needs of mid-sized businesses in emerging markets, where inefficiency in security tools creates significant operational risks and compliance challenges.
In addition to Thrivyx, Vumah Labs, a deep-tech innovation lab specialising in privacy-first AI, blockchain, and Zero-Knowledge Proof (ZKP) technologies, also joined FasterCapital's LaunchUp program earlier this month. This collaboration is expected to drive innovation and growth in the tech industry, particularly in the areas of privacy, security, and blockchain technology.
- Thrivyx's participation in FasterCapital's LaunchUp program, a venture builder and online incubator that offers mentorship, will assist the fintech startup in scaling its unified business solution in finance, technology, and various sectors like energy, utilities, and smart cities, focusing on the cybersecurity needs of mid-sized businesses in emerging markets.
- With its innovative platform that provides integrated security, productivity, and file-sharing solutions, Thrivyx aims to address the critical gap in the market and make a significant impact in the fintech industry, leveraging AI-powered anomaly detection, digital twin visualization, and remote access capabilities that cater to finances, business, and technology.
