Europe’s signature scaleup competitors, EIT Digital Champions 2025, is ready to establish the continent’s most promising deep tech firms. Chosen finalists may have the chance to pitch to main enterprise capital buyers and lift Collection A or B funding rounds, with assist from an skilled progress companies staff.
In 2024, EIT Digital chosen 50 standout finalists from throughout Europe, giving them the possibility to pitch their modern options to main buyers. But it surely didn’t cease there! The Champions got extra than simply publicity. Champions, like W-Sense and JENTIS, obtained entry to a complete 12-month Development Companies Program and raised tens of millions for his or her deep tech options.
“We’re grateful for the high-quality assist supplied by the Development Companies staff and their Entry to Finance program. They’ve helped us put together for fundraising and launched us to a wide array of related buyers from throughout Europe.”
– Chiara Petrioli, CEO & Co-founder of WSense (earlier EIT Digital Champions winner)
A Look into This Yr’s Competitors Sponsors
This yr, this system is proudly sponsored by two business leaders — STMicroelectronics, a pioneer in automotive know-how, and GEA Digital, a pacesetter in digital transformation.
STMicroelectronics: The Pioneer in Automotive Electronics
STMicroelectronics has over 30 years of expertise in automotive electronics, making it a trusted associate in shaping the way forward for transportation. Their Good Driving applied sciences improve security, sustainability, and connectivity throughout automotive functions, from Powertrain to Superior Driver Help Methods (ADAS), driving progress in car electrification and connectivity.
GEA Digital: The Chief of Digital Transformation
GEA Digital leads the cost in digital transformation by harnessing AI, IoT, and immersive applied sciences like VR, XR, and AR. With an agile ecosystem of companions, GEA stays on the forefront of a fast-evolving tech panorama, repeatedly adapting to improvements and sustaining a aggressive edge in digital options.
How Does it Profit Your Firm?
The EIT Digital Champions program supplies a novel alternative for scaleups to speed up their progress by connecting them with worldwide buyers and providing tailor-made assist. By profitable this competitors, your scaleup will:
- Achieve entry to fundraising and mentorship by the 12-month Development Companies Program value €50,000.
- Pitch to a jury of top-tier buyers throughout a web-based competitors, opening doorways to international funding alternatives.
- Attend high-profile tech conferences and an unique VIP investor dinner, additional increasing your community and visibility within the European tech scene.
If your organization is prepared for worldwide enlargement and desires the fitting funding to develop, this program affords the platform to make that occur. Moreover, our company sponsors STMicroelectronics and GEA Digital have generously agreed to assist our Champions with the chance to enter fruitful collaborations that may unite the great assets of those company companions and the unrivalled innovation of our Champions. Candidates may have the choice to point their curiosity in these collaborations.
Who Can Apply?
This system targets European deep-tech scaleups that meet the next standards:
- Firms integrated after January 1, 2015
- A scalable product leveraging extremely modern digital applied sciences
- Income of no less than €500,000 in 2024 or no less than €2 million in raised fairness funding
- At the moment looking for to boost between €5 million and €30 million in funding
Eligible candidates should function in growth-stage industries reminiscent of Digital Tech, Digital Business, Digital Wellbeing, and Digital Finance. If your organization matches this profile and also you’re trying to develop internationally, EIT Digital is in search of you.
How Does it Work?
Making use of for the EIT Digital Champions program is easy and could be accomplished on-line. Right here’s how the method works:
- Submit your utility by December 2, 2024.
- Put together your pitch with the assist of the EIT Digital staff, who will supply steerage and mentorship that can assist you good your presentation.
- Pitch your organization to a panel of enterprise capital buyers on the on-line competitors in January 2025.
- Compete to turn into an EIT Digital Champion, which incorporates gaining free entry to the expansion companies program and attending key tech conferences and networking occasions.
This system is designed to be accessible, with every step structured to maximise the expansion potential of taking part firms.
Necessary Dates
Key dates for the 2024-2025 version of the EIT Digital Champions program are:
- Purposes Open: September 25, 2024
- Submission Deadline: December 2, 2024
- On-line Pitch Competitors: January 14-15, 2025
- Proclamation of Champions: February 28, 2025
- VIP Investor Dinner: Q2 2025
This timeline offers members ample time to arrange their pitches, interact with mentors, and maximize the advantages of this system.
Champion Success Story: WSense
Take the instance of WSense, one of many current EIT Digital Champions. WSense, providing Web of Underwater Issues (IoUT) know-how, entered the EIT Digital Champions competitors and made an unforgettable impression on the jury. Their groundbreaking innovation led them to be named one of many 2024 Champions.
Over the following twelve months, WSense partnered with EIT Digital’s progress companies staff to refine their pitch, join with the fitting buyers, and safe investor calls throughout Europe. This hands-on assist helped WSense sharpen its message and construct a robust funding case.
Only one yr after taking part, WSense raised €9 million from buyers primarily based in three totally different EU nations! This success story showcases how EIT Digital helps European scaleups of their journey to scale internationally and safe substantial funding.
Again To You
Are you able to observe in WSense’s footsteps? The EIT Digital Champions 2025 competitors is your likelihood to safe funding, acquire entry to prime buyers, and profit from €50,000 in progress companies. Don’t miss this chance to work with EIT Digital and take your scale-up international. Purposes are open till December 2, 2024.
Apply at the moment and be part of the ranks of the following EIT Digital Champions!
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