Austin, Texas, June 2026
iStart Valley, a leading nonprofit startup accelerator focused on innovation and entrepreneurship, today announced that it has successfully helped facilitate an initial $150,000 investment into enterprise AI startup Tessact, marking another milestone in its mission of connecting high-potential startups with strategic investors.
The investment validates Tessact's rapid momentum as one of the emerging innovators in enterprise artificial intelligence.
Tessact has developed an Agentic AI-powered enterprise video platform that transforms raw media into production-ready content through a unified AI workflow. The platform replaces fragmented editing, collaboration, publishing, and asset management systems with a single intelligent ecosystem capable of generating thousands of AI-powered content assets every day.
Already serving more than ten enterprise customers across the United States, India, and Southeast Asia, Tessact's customer portfolio includes organizations such as JioStar, Eli Lilly, Virgin Media, Viacom18, Garena, Jio, and Star, while partnering with global technology leaders including AWS and Tata Communications.
One of its largest deployments currently generates over 2,000 AI-created video clips every day, demonstrating the scalability of its enterprise platform.
"This funding represents much more than capital," said MJ Charmani, Founder and Chairman of iStart Valley.
"It validates Tessact's vision and reinforces our mission of helping extraordinary founders become investor-ready, connect with strategic investors, and scale globally. We believe enterprise AI companies like Tessact represent the next wave of transformational technology businesses."
Unlike traditional incubators, iStart Valley works closely with founders throughout their commercialization journey, helping refine business strategy, strengthen product-market fit, prepare investor materials, build strategic partnerships, and facilitate introductions to investors.
The organization has supported hundreds of entrepreneurs through startup acceleration, mentoring, customer discovery, commercialization, and investment readiness.
For Tessact, the latest funding provides additional resources to accelerate product innovation, expand enterprise sales, strengthen international partnerships, and prepare for future institutional funding rounds.
"Tessact is solving one of enterprise AI's biggest challenges, making large-scale video creation intelligent, collaborative, and dramatically more efficient," added Charmani.
"With proven customer traction and an expanding global footprint, we believe the company is exceptionally well positioned for continued growth."
As enterprise adoption of Agentic AI continues accelerating worldwide, both organizations see this investment as the beginning of a much larger growth journey.
About Tessact
Tessact is an AI-powered enterprise video platform that combines generative AI, derivative AI, and intelligent workflow automation into one unified ecosystem. The platform enables enterprises to create, manage, localize, edit, and publish content faster while dramatically reducing production costs.
About iStart Valley
iStart Valley is a nonprofit startup accelerator dedicated to helping entrepreneurs build scalable companies through mentorship, customer validation, commercialization support, strategic partnerships, and investor access. Through its global mentor and investor ecosystem, iStart Valley empowers founders to transform innovative ideas into investment-ready businesses.