Apply for the EIT Digital Problem 2023 for Scaleups by 28 March!
The EIT Digital Challenge is Europe’s flagship Deep Tech competitors for fast-growing digital scaleups, and a win represents a major milestone for scaleups to develop and broaden internationally. The problem covers all kinds of matters starting from Digital Finance, Digital Tech, and Digital Wellbeing to Digital Cities and Digital Trade.
Apply for the Problem right this moment in your probability at:
- A spot within the Problem Ultimate Occasion in the course of the EIT Develop Digital convention
- One full yr of worldwide development help value €50,000
- Introductions to worldwide traders in your Sequence A & B rounds
- Steerage on market readiness & technique
- Entry to EIT Digital’s pan-European innovation community
- Worldwide visibility by way of EIT Digital communication channels
Since its launch in 2014, the EIT Digital Problem has topped almost 100 successful scaleups and most of them are actually internationally profitable firms. Will you be subsequent? There’s just one week left until the purposes shut. Don’t miss your probability – APPLY immediately!
Let’s dive into the success tales of a few European scaleups — and the way EIT Digital has supported them.
EIT Digital Helped German Scaleup ADVITOS Elevate €20M Funding for its Multi-organ Failure Remedy Resolution
The EIT Digital Accelerator supported Munich-based HealthTech scaleup, ADVITOS, throughout its fundraising with devoted teaching and focused introductions to a hand-picked pool of traders.
The corporate then secured a €20 million financing spherical led by Crédit Mutuel Fairness by way of its two subsidiaries, Crédit Mutuel Fairness Germany and Crédit Mutuel Innovation. Moreover, ADVITOS acquired funding from the European Union’s European Innovation Council (EIC) Fund as a part of the EIC Accelerator Pilot blended finance program.
Catherine Schreiber, Co-founder of ADVITOS, says, “We now have been fortunate in benefiting from the fundraising program supplied by EIT Digital, and valued the experience, persistence and outreach that the EIT Digital Accelerator group has supplied to us. Offering this type of extremely competent hands-on fundraising help is a strongly wanted and extremely efficient measure to safe and allow scaling of European deep tech improvements.”
French PropTech Scaleup Homeland Raises €9M in Sequence A Funding with EIT Digital’s Help
In 2021, EIT Digital Accelerator actively supported the French scaleup Homeland — coordinating their fundraising effort, which generated robust curiosity from a number of traders throughout Europe. This resulted in a €9 million sequence A funding. The fundraising consists of commitments from Reflexion Capital and CDC Banque des Territoires, and Homeland’s historic investor Newfund.
Frédéric Remeur, CEO & Co-founder of Homeland says, “EIT Digital group offered us with robust help by figuring out and contacting potential traders all through Europe.”
The funding has enabled Homeland to speed up market enlargement, deploy its platform throughout Europe, and increase product growth. After its success in France, Homeland has massive plans to develop internationally.
So, are you also ready to scale your Deep Tech business internationally? Visit the EIT Digital Challenge website and apply today!
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