Cambridge, MA and San Francisco, CA (Apr. 25, 2017) — Elemental Machines today announced that CEO Sridhar Iyengar, PhD, will present at Webit Festival Europe, a leading series of events that gathers the world’s top enterprise leaders, Europe’s top policy makers and the hottest startups and founders.

Taking place Apr. 25-26 in Sofia, Bulgaria, Webit brings together more than 250 speakers from more than 80 countries to examine business opportunities at global scale with a goal of further igniting the growth of local ecosystems and creating a platform for dialogue between policy makers, enterprise and entrepreneurs.

What: Iyengar will explore how IoT technologies are supporting the next wave of innovative, science-based companies, accelerating innovation with sensors and machine learning applications designed around the complex processes of biology and chemistry.

Why: Science-based companies, including pharmaceutical, synthetic biology, material science and agriculture are often challenging and capital-intensive investments, making them daunting for investors and entrepreneurs. Iyengar will explain how the same IoT tech stack that provides the underpinnings of massive consumer markets is transforming how scientific companies operate and creating entirely new business models.

When and Where: Iyengar’s session will take place on Wednesday, 26 April at 10:05 a.m. EEST on the Blue Stage at Sofia Tech Park. He will also participate in a fireside chat with Raj Samani,
Chief Scientist at McAfee on Tuesday, 25 April at 3:00 p.m. EEST on the Policy stage.

Who: Iyengar is the founder and CEO of Elemental Machines, a company that provides unprecedented insight into complex processes for science-based industries. He previously was a founder and CTO of Misfit, which was acquired by Fossil in 2015, and also founded AgaMatrix, a blood glucose monitoring company that made the world’s first medical device connecting to the iPhone and shipped 15+ FDA-cleared medical products. Iyengar holds over 30 U.S. and international patents. Other distinguished speakers scheduled for Webit Festival Europe include:

  • Rumen Radev, President of Bulgaria
  • Jason Jercinovic, President and Global Brand Director, Havas Worldwide
  • Gareth Williams, Founder and CEO, Skyscanner

About Elemental Machines
Elemental Machines is revolutionizing complex biology and chemistry-based processes with powerful insights that help customers improve laboratory operations, research, development, and manufacturing outcomes. The Elemental Machines Sensory Network™ monitors and analyzes critical laboratory and production equipment, as well as invisible environmental variables, to provide new levels of clarity, transparency and consistency, and improve repeatability. For more information, visit http://elementalmachines.io.