The Visionaries Behind Ascanio’s Mixed Reality Revolution
Upon entering the vibrant headquarters of Ascanio in Nicosia, the energy of innovation is palpable. CEOs George Tziazas and CTO Minas Kyriakou, the masterminds behind Ascanio’s success, share their journey from humble beginnings to becoming pioneers in the mixed reality (MR) industry.
Their story begins in 2015 with a focus on game development, but a swift pivot to MR technology marked the start of their true calling. The turning point came when George and Minas met at the IDEA accelerator in Cyprus, bonding over their shared passion for MR’s potential.
With their combined strengths, they rebranded Ascanio into an MR company with the ambition to revolutionize mission-critical training. Their first major project, a remote assistance module for the maritime industry, showcased their innovative capabilities.
Support from Kinisis Ventures and a joint venture with Fameline Holding Group (FHG) provided Ascanio with the resources and network to expand. Demetris Skourides of the Research and Innovation Foundation (RIF) also played a significant role in their growth, offering networking opportunities that propelled them forward.
Ascanio’s technology offers immersive training for high-risk scenarios, preparing professionals for emergencies ranging from hostage situations to natural disasters. Their realistic simulations provide crucial hands-on practice without the risks associated with real-world training.
George and Minas emphasize the importance of safety in their training solutions, with real-time monitoring and dynamic scenario adjustments. Trainees receive comprehensive feedback and debriefing sessions to reinforce learning and improve performance.
The company’s innovative approach extends beyond emergency training. In collaboration with the University of Nicosia, they developed a custom physiotherapy module for Parkinson’s patients, transforming therapy into an engaging experience.
Ascanio’s commitment to technological advancement is evident in their integration of biosensing and haptic feedback, enhancing user performance and realism within their platform. Their dedication to innovation is matched by their support for Cyprus’s tech community through mentorship and entrepreneurial support programs.
With plans to disrupt industries reliant on traditional training methods, Ascanio envisions a future where mixed reality transforms professional development. George and Minas continue to lead by example, encouraging a love for technology, continuous learning, and innovation.
Their story is not just about technological breakthroughs but also about resilience, collaboration, and a relentless drive to empower through education. As Ascanio looks to the future, their influence on the MR landscape promises to be as transformative as the technology they champion.





