EIT Digital showcases European deep tech innovations and global growth strategies at Web Summit 2023

EIT Digital, collaborating with the European Innovation Council (EIC), is set to showcase Europe's prominent role in deep tech advancements during the "Building Deep Tech Unicorns" dedicated session on 15 November 15.00 CET. 

Joining forces at the EIC-EIB Web Summit booth (E223, Pavilion 2), the session aims to underscore Europe's leadership in the realm of deep technology.

Europe is home to some of the most innovative start-ups finding solutions to worldwide challenges. At Web Summit, we look forward to showcasing these pioneers and equipping them with strategies to expand globally.

Federico Menna, EIT Digital CEO

Expanding Success: EIT Digital and EIC Strengthen their Partnership

EIT Digital and EIC have expanded their successful partnership starting in 2022 through the EIC-EIT Digital Venture Acceleration Programme. This programme provides EIC Accelerator companies and Seal of Excellence recipients access to EIT Digital's intensive 12-month Growth Services Programme. Offering training, guidance, connections, and fundraising support, this world-class programme helps scale deep tech companies.

The programme has already shown results, with participants raising major funding rounds. Climate tech start-up Mitiga secured EUR 13.5 million in Series A financing in June 2022 after EIT Digital assisted with targeting climate-focused investors. Smart waste management company Sensoneo also raised EUR 6.2 million Series A after EIT Digital's pitch and investor connection support.

The collaboration is set to evolve significantly this year. Under the umbrella of the EIC Ecosystem Partnerships and Co-Investment Support programme, beneficiaries of EIC programmes will now have extended access to EIT Digital’s latest service offerings.

These include 'Access to Talent,' focused on talent acquisition and development; 'Access to Finance', offering comprehensive fundraising support; 'US Landing Program,' aimed at facilitating entry into the competitive U.S. market; and 'Speed Master,' an advanced coaching service, alongside other EIT Digital core ecosystem services.

We are proud to expand our work with EIC to bolster Europe's most innovative deep tech companies. Together, we can provide start-ups the comprehensive support they need to scale up globally.

Federico Menna, EIT Digital CEO

In addition to the partnership, Menna will also take part in a panel on strategies for globalised growth.

Discussing in the "Globalise your Growth" panel with other high-profile panelists such as Hanna Marie Asmussen Co-Founder & CEO of Localyze; Pedro Ribeira Santos, partner of Armilar Venture Partners and Sifted’s senior CEE correspondent Zosia Wanat, he will share proven tactics for start-ups to expand worldwide, delving into essential topics that concern growing start-ups, such as best practices for international marketing, tactics for establishing operations abroad, cultural adaptability skills, and strategies for building efficient cross-border teams.