Phyteau Joins Plug and Play’s Accelerator in Silicon Valley.
Phyteau, a therapeutics and functional food startup developing innovative new solutions for diabetes, obesity and related metabolic conditions, announces its selection for the Plug and Play Food Accelerator for 2019. The Silicon Valley accelerator is designed to help startups grow and succeed through mentors, potential business partners and investors.
“I am incredibly excited to welcome the new batch of startups to our Plug and Play ecosystem,” says Saeed Amidi, Founder and CEO of Plug and Play. “The connections made throughout our programs will give startups the tools to transform these industries. I look forward to seeing how they will help increase efficiency and advance the markets forward.”
Plug and Play’s vetting process started with over 1000 startups and ended with the selection of only 16 to join batch 8 of Plug and Play’s food innovation platform. Throughout the three-month program, selected startups connect to Plug and Play’s global ecosystem, collaborating with corporate partners and attending deal flow sessions, exclusive networking events, business development matchmaking and sessions with an impressive array of mentors.
“We are honored to be selected into this program. It provides a tremendous opportunity for Phyteau to connect with some of the most progressive and innovative food and health companies in the world,” said Bonn Macy, CEO of Phyteau. “We look forward to the mentorship of many industry experts and leaders provided through Plug and Play. This will really accelerate our path to helping millions of people solve their metabolic health challenges.”
Phyteau is developing safe and effective therapeutics for diabetes, obesity prediabetes and related metabolic conditions. Our therapeutics work entirely in the gut where they activate specialized metabolic cells causing the release of therapeutic levels of key metabolic hormones. The body’s own hormones work naturally and safely to control blood sugar, metabolism, appetite and food intake. Our range of completely safe and side-effect free agents and ingredients allows us to bring our technologies to multiple markets worldwide – including nutraceuticals, targeted diabetic, diet, medical and functional foods, and pharmaceuticals. For more information, visit www.phyteau.co
About Plug and Play
Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, our programs have expanded worldwide to include a presence in over 25 locations globally giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 10,000 startups and 300 official corporate partners, we have created the ultimate startup ecosystem in many industries. Companies in our community have raised over $7 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club and PayPal. For more information, visit www.plugandplaytechcenter.com.