The EIT Digital Challenge is Europe’s flagship Deep Tech competitors for fast-growing digital scaleups, and a win represents a big milestone for scaleups to develop and increase internationally. The problem covers all kinds of subjects starting from Digital Finance, Digital Tech, and Digital Wellbeing to Digital Cities and Digital Business.
Apply for the Problem right this moment on your probability at:
- A spot within the Problem Closing Occasion in the course of the EIT Develop Digital convention
- One full yr of worldwide development help price €50,000
- Introductions to worldwide traders on 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 profitable scaleups and most of them are actually internationally profitable firms. Will you be subsequent? There’s just one week left until the functions shut. Don’t miss your probability – APPLY instantly!
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 Answer
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 through its two subsidiaries, Crédit Mutuel Fairness Germany and Crédit Mutuel Innovation. Moreover, ADVITOS obtained 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 crew has supplied to us. Offering this sort 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 Assist
In 2021, EIT Digital Accelerator actively supported the French scaleup Homeland — coordinating their fundraising effort, which generated sturdy 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 crew offered us with sturdy 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 enhance product improvement. After its success in France, Homeland has huge plans to develop internationally.
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