Europe’s signature scaleup competitors, EIT Digital Champions 2025, is ready to establish the continent’s most promising deep tech corporations. Chosen finalists could have the chance to pitch to main enterprise capital buyers and lift Collection A or B funding rounds, with help from an skilled progress companies staff.
In 2024, EIT Digital chosen 50 standout finalists from throughout Europe, giving them the possibility to pitch their progressive options to main buyers. However it 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 Providers Program and raised hundreds of thousands for his or her deep tech options.
“We’re grateful for the high-quality help offered by the Development Providers 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 frontrunner in digital transformation.
STMicroelectronics: The Pioneer in Automotive Electronics
STMicroelectronics has over 30 years of expertise in automotive electronics, making it a trusted accomplice in shaping the way forward for transportation. Their Sensible Driving applied sciences improve security, sustainability, and connectivity throughout automotive functions, from Powertrain to Superior Driver Help Programs (ADAS), driving progress in automobile 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, constantly adapting to improvements and sustaining a aggressive edge in digital options.
How Does it Profit Your Firm?
The EIT Digital Champions program gives a novel alternative for scaleups to speed up their progress by connecting them with worldwide buyers and providing tailor-made help. By successful this competitors, your scaleup will:
- Acquire entry to fundraising and mentorship by way of the 12-month Development Providers Program price €50,000.
- Pitch to a jury of top-tier buyers throughout a web based competitors, opening doorways to world 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 correct funding to develop, this program gives the platform to make that occur. Moreover, our company sponsors STMicroelectronics and GEA Digital have generously agreed to help our Champions with the chance to enter fruitful collaborations that can unite the large assets of those company companions and the unrivalled innovation of our Champions. Candidates could 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:
- Corporations included after January 1, 2015
- A scalable product leveraging extremely progressive digital applied sciences
- Income of at the least €500,000 in 2024 or at the least €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 corresponding to Digital Tech, Digital Business, Digital Wellbeing, and Digital Finance. If your organization matches this profile and also you’re seeking 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 will be accomplished on-line. Right here’s how the method works:
- Submit your software by December 2, 2024.
- Put together your pitch with the help of the EIT Digital staff, who will provide steerage and mentorship that will help you excellent your presentation.
- Pitch your organization to a panel of enterprise capital buyers on the on-line competitors in January 2025.
- Compete to develop 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 collaborating corporations.
Vital 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 provides individuals 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 subsequent twelve months, WSense partnered with EIT Digital’s progress companies staff to refine their pitch, join with the correct buyers, and safe investor calls throughout Europe. This hands-on help helped WSense sharpen its message and construct a powerful funding case.
Only one yr after collaborating, WSense raised €9 million from buyers based mostly in three completely 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 comply with in WSense’s footsteps? The EIT Digital Champions 2025 competitors is your likelihood to safe funding, achieve 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 world. Purposes are open till December 2, 2024.
Apply at present and be a part of the ranks of the subsequent EIT Digital Champions!
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