25 deep tech scale-ups compete in EIT Digital Challenge 2019

25 deep tech scale-ups compete in EIT Digital Challenge 2019

The scale-ups from 12 EU countries will compete to win international growth support totalling  EUR 750 000. 

The 10 winners will be awarded at the final pitch event in November. 

From a devise 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 

The EIT Digital Challenge takes place for the sixth consecutive year and focuses on ‘deep tech’ scale-ups 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 revenue of EUR 930 000 in 2018, have received EUR 3.9 million in 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 6 November, where they will pitch in front of expert juries and compete for prizes worth EUR 750 000. The prize package includes a full year support by the EIT Digital Accelerator for the two best companies in each category, which will help the scale-ups growing their businesses in Europe and beyond. The first prize winners of each category will receive an additional cash prize of EUR 50 000.

The 25 finalists in five categories are:

Digital Tech

  • Blueliv (ES) - Provides cyberthreat 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 cyberthreats

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, analyses 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 neutralisation 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 behaviours
  • 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 behaviour 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 identifying 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

Learn more about the growth services of the EIT Digital Accelerator

Images: