25 outstanding deep tech scale-ups nominated for the EIT Digital Challenge 2018

EIT Digital Challenge 2018

The scale-ups will compete in the EIT Digital Challenge 2018 for international growth support.

A non-invasive sensor that detects events in rooms without the use of cameras, a technology that converts text manuals into interactive Augmented Reality trainings and a voice recognition software that recognizes 50 different emotions to enable empathic human-machine interaction – these are just three out of 25 outstanding technologies that are nominated for the EIT Digital Challenge final.EIT Digital Challenge 2018

The EIT Digital Challenge aims to identify the best digital deep tech innovations: complex disruptive solutions that are built around unique and differentiated scientific or technological advances and fuel the digital transformation. The 25 finalists come from 11 different European countries and were selected from 200 applications. With an average team size of 38 people, an average revenue of EUR 1.2 million in 2017 and average funding of EUR 4.2 million, the companies are so called scale-ups – start-ups in the growth stage.

The 25 finalists in 5 categories are:

Digital Industry

Cargonexx (DE) – Intelligent transport network for long-distance truck transports.

Detego (AT) – Improving retailers’ availability of goods online and in-store.

Enerbrain (IT) – Improving energy consumption in buildings without modifying existing systems.

Nyris (DE) – Recognizing products and objects inside images and videos.

Viscopic (DE) – Converting text manuals into interactive AR trainings.

Digital Cities

AppyParking (UK) – Connected car platform to manage parking.

Blickfeld (DE) – LiDAR technology, object detection and mapping software for autonomous driving.

BYHOURS (ES) – Online booking platform and app for microstays at hotels.

Toposens (DE) – 3D sensor based on ultrasound for autonomous vehicles close range perception.

UnderstandAI (DE) – High-quality training and validation data for autonomous driving models.

Digital Wellbeing

ActiveCues (NL) – Stimulating physical and mental activity for people with cognitive challenges.

audEERING (DE) – Intelligent audio analysis for speech, music and sound that recognizes emotions.

MedicusAI (AT) – AI-based platform that converts health data into interactive experiences.

Minut (SE) – A non-invasive sensor that detects events in rooms without the use of cameras.

Monsenso (DK) – Mobile App for prevention, early intervention and treatment of mental disorders.

Digital Finance

Dimebox (NL) – White label online payment platform covering the entire payment value chain.

Fino Digital (DE) – Intelligent bank account analysis software and account switching service.

IDNow (DE) – Video identification and e-signing solution for identity verification and onboarding.

Kasko (UK) – InsurTech platform that allows insurers to design and run digital insurance products.

Leveris (IR) – Core banking platform accelerating the transformation of financial services.

Digital Infrastructure

Baffin Bay Networks (SE) – Subscription-based cyber security service in the cloud.

Baqend (DE) - Cloud service using caching algorithms to minimize loading times of websites.

Easy Broadcast (FR) – Hybrid streaming technology for improving video quality.

Gridscale (DE) – Cloud technology manufacturer and provider of platform-as-a-service (PaaS).

Valossa (FI) – Audiovisual recognition platform for automated content discovery.

The winners will be chosen in a final event in Brussels in October, where they will compete for prizes worth EUR 750 000. The prize package includes a full year support by the EIT Digital Accelerator in order to grow their businesses in Europe and beyond for the two best companies in each category, plus a cash-prize of EUR 50 000 for the first prize winners per category.

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