25 outstanding deep tech scaleups nominated for the EIT Digital Challenge 2018 // EIT Digital

25 outstanding deep tech scaleups nominated for the EIT Digital Challenge 2018

  • 25 scaleups from 11 EU countries will compete in the EIT Digital Challenge 2018 for international growth support worth €750,000 in total
  • Winners will be awarded at the final pitch event in Brussels in October

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.

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 out of 200 applications. With an average teamsize of 38 people, an average revenue of €1.2M in 2017 and average funding of €4.2M, the companies are so called scaleups – startups 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 consumtion 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 €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 €50,000 for the first prize winners per category.

Download Finalists Infograph

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