Discover 25 Exceptional Deep Tech Scaleups Competing In The EIT Digital Challenge 2019

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25 scaleups from 12 EU countries will compete in the final of Europe’s famous scaleup competition EIT Digital Challenge to win international growth support totaling €750,000. 10 winners will be awarded at the final pitch event in November.

From a device that measures blood sugar levels without finger pricking to a radiofrequency drone detection technology and a platform that delivers information about mobility behavior through smartphone sensors – the 25 finalists nominated for the EIT Digital Challenge cover a wide variety of topics within the deep tech field. And they have a goal in common: to foster Europe’s path to digital transformation for the benefit of Europe’s citizens and economy.

The EIT Digital Challenge takes place for the sixth consecutive year and focuses on ‘deep tech’ scaleups with a differentiating product offering that leverages sophisticated, hard-to-reproduce digital technologies that fuel the digital transformation. The promising finalists were chosen out of 279 applicants and come from 12 different European countries. On average, they reached a revenue of €930k in 2018, have received €3.9M funding and employ 32 people. For the first time, also companies from Iceland, Israel, and Switzerland reach the final.

The winners will be chosen in a final event in Brussels on November 6, where they will pitch in front of expert juries and compete for prizes worth €750,000. The prize package includes full-year support by the EIT Digital Accelerator for the two best companies in each category, which will help the scaleups growing their businesses in Europe and beyond. The first prize winners of each category will receive an additional cash prize of €50,000.

The 25 Finalists In 5 Categories Are:

Digital Tech

  • Blueliv (ES) – Provides cyber threat intelligence and analysis to mitigate cyber-risk
  • LogoGrab (IE) -AI platform for brand management and authentication
  • QuoScient (DE) – Fully automated cybersecurity platform to manage operative processes
  • R3 (DE) – High-performance wireless technology for mission-critical industrial applications
  • ReaQta (NL) – AI-powered platform for detection of new and unknown cyber threats

Digital Industry

  • DCbrain (FR) – AI software dedicated to exploitation issues of complex networks
  • Oculavis (DE) – Remote Service Platform with customizable service apps, AR and AI applications.
  • Reliability Solutions (PL) – Software platform for predictive and prescriptive maintenance
  • Ubudu (FR) – Real-time locating system which tracks, analyzes and detects assets and people in industrial or service sites
  • Wonderflow (NL) – Helps brands extract actionable insights from customer feedback

Digital Cities

  • CERBAIR (FR) – Drone detection and neutralization via radio frequency
  • gridX (DE) – End-to-end IoT solutions for the energy sector
  • MOTIONTAG (DE) – Delivers insights through information from smartphone sensors about mobility behaviors
  • Orbit GT (BE) – Platform for 3D Mapping to build digital twins of smart cities and buildings
  • LORIOT (CH) – Secure and scalable long-range infrastructure provider for IoT

Digital Wellbeing

  • DiaMonTech (DE) – Allows non-invasive measurement of the blood glucose level
  • GWA Hygiene (DE) – IoT system that monitors hand hygiene behavior to reduce hospital-acquired infections
  • SidekickHealth (IS)- Digital therapeutics platform to prevent and manage chronic diseases
  • Technologies of Voice Interface (Voiceitt) (IR) – AI speech recognition technology helping people with speech impairments to communicate
  • Mecuris (DE) – Platform for customizable and 3D-printed prosthetics and orthotics

Digital Finance

  • buguroo (ES) – Combats online banking fraud by detecting customer identity theft and manipulation attacks
  • CashDirector (PL) – Virtual CFO application based on real-time accounting helping SME owners to manage the cash flow
  • Fractal Labs (UK) – API-based payments and insights platform-as-a-service focused on Small-Medium-Enterprise (SME) financial services.
  • Minna Technologies (SE) – Subscription management platform for retail banks
  • Zelros (FR) – AI and Machine Learning technology, helping insurances increase sales efficiency
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© EIT Digital

About EIT Digital Accelerator & EIT Digital Challenge

EIT Digital Accelerator provides tailor-made growth support for European tech scaleups by helping secure international customers and raises capital. The Accelerator team comprises around 40 experienced business developers and finance experts operating from 16 cities across Europe, along with a hub in Silicon Valley. Since 2012, they have supported 300 startups who raised over €690 million in investment, with more than €100 million directly facilitated by the Accelerator. The program was ranked 8th among the Top 20 Active Accelerators in the Global Accelerator Report 2016 by Gust.

Since its launch in 2014, the EIT Digital Challenge has received a grand total of 2100 applications from 35 countries. While it initially targeted startups, the EIT Digital Challenge has evolved to become Europe’s flagship competition for deep tech scaleups in digital.

 

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