Europe’s signature scaleup competitors, EIT Digital Champions 2025, is about to determine the continent’s most promising deep tech firms. Chosen finalists can have the chance to pitch to main enterprise capital buyers and lift Sequence A or B funding rounds, with assist from an skilled progress companies workforce.
In 2024, EIT Digital chosen 50 standout finalists from throughout Europe, giving them the prospect 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, acquired entry to a complete 12-month Progress Providers Program and raised hundreds of thousands for his or her deep tech options.
“We’re grateful for the high-quality assist supplied by the Progress Providers workforce 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 12 months’s Competitors Sponsors
This 12 months, this system is proudly sponsored by two trade leaders — STMicroelectronics, a pioneer in automotive expertise, 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 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 Programs (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, constantly adapting to improvements and sustaining a aggressive edge in digital options.
How Does it Profit Your Firm?
The EIT Digital Champions program offers a singular 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:
- Acquire entry to fundraising and mentorship by the 12-month Progress Providers Program price €50,000.
- Pitch to a jury of top-tier buyers throughout an internet 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 best funding to develop, this program presents 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 can unite the great sources of those company companions and the unrivalled innovation of our Champions. Candidates can 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 modern digital applied sciences
- Income of no less than €500,000 in 2024 or no less than €2 million in raised fairness funding
- Presently looking for to boost between €5 million and €30 million in funding
Eligible candidates should function in growth-stage industries comparable 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 straightforward and may 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 workforce, who will provide steerage and mentorship that can assist you excellent your presentation.
- Pitch your organization to a panel of enterprise capital buyers on the on-line competitors in January 2025.
- Compete to change 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 firms.
Necessary Dates
Key dates for the 2024-2025 version of the EIT Digital Champions program are:
- Functions 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 individuals ample time to organize their pitches, have interaction 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) expertise, 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 workforce to refine their pitch, join with the best buyers, and safe investor calls throughout Europe. This hands-on assist helped WSense sharpen its message and construct a powerful funding case.
Only one 12 months after collaborating, WSense raised €9 million from buyers based mostly in three totally different EU international locations! 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, 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 world. Functions are open till December 2, 2024.
Apply in the present day and be part of the ranks of the following EIT Digital Champions!
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