The EIT Digital Problem is on a mission to search out the perfect deep tech entrepreneurs that Europe has to supply, to assist them scale internationally and to bolster the European deep tech ecosystem. Now in its tenth 12 months, 20 finalists shall be invited to the unique Problem Remaining Occasion with as much as 10 winners gaining free entry to the EIT Digital Accelerator Programme. 

Deeptech is heating up in Europe proper now. Due to assist from our bodies like EIT Digital, and rising investor curiosity, the market is bursting with promising improvements and startups growing game-changing tech which has a excessive influence on shaping our future.

The EIT Digital Problem utility interval continues to be open, however there’s just one week left to APPLY!

The problem supplies a platform for deep tech firms and progressive entrepreneurs to showcase their options and attain world success. With the assist of EIT Digital, earlier Accelerator programme contributors have gone on to lift €900 million. You may be one among them.

We needed to be taught extra concerning the Accelerator expertise so we sat down with two EIT Digital Accelerator alumni, Homeland and Advitos, who’ve gone on to efficiently elevate and scale.

Homeland: Secured €9 million to deliver effectivity to actual property

By its participation within the EIT Digital Accelerator, French startup Homeland secured a €9 million Collection A spherical.

Homeland entered the EIT Digital Accelerator in 2021 and in 2022 it secured this hefty funding, supercharging its mission to digitize actual property. The progressive firm affords a proprietary SaaS platform that reinforces effectivity and buyer satisfaction by automating recurring duties and real-time reporting.

The funding, which was secured because of entry to EIT Digital’s community, has enabled the workforce to broaden into new markets, together with Germany and Benelux, in addition to improve product improvement. CEO and co-founder of Homeland Frédéric Remeur commented, the “EIT Digital workforce offered us with sturdy assist by figuring out and contacting potential traders all through Europe.”

Advitos: €20 million for its healthtech innovation

HealthTech scaleup Advitos was created to sort out organ failure – a standard reason for dying in ICUs. The corporate, which relies in Munich, secured €20 million in 2021 after its participation within the Accelerator programme.

Advitos’ answer, the ADVOS multi-device, supplies an built-in 4-in-1 multi-organ assist remedy that allows simultaneous assist of all three predominant detoxing organs – liver, lungs, and kidney – and corrects acid-base imbalances within the blood. On condition that organ failure causes the deaths of roughly half one million intensive care sufferers in Western Europe and the USA yearly, the answer has the potential to depart a optimistic influence on a worldwide stage.

Due to EIT Digital, Advitos obtained devoted teaching in addition to a focused introduction to hand-picked traders, making the investor-startup matchmaking course of as easy as potential. Because the elevate, the corporate has gone on to broaden its workforce and associate with completely different hospitals to deliver this life-saving therapy to the individuals who want it.

Catherine Schreiber, co-founder of ADVITOS remarks, “this sort of extremely competent hands-on fundraising assist is a strongly wanted and extremely efficient measure to safe and allow scaling of European deep tech improvements.”

 You may be the following success story!

There’s simply one week left to use to this 12 months’s EIT Digital Problem! It’s an incredible alternative for Europe’s up-and-coming deeptech gamers and one thing you don’t need to miss out on.

Apply right now to Compete, Win, Increase and Scale!

Editor’s Observe: This publish has been created in collaboration and with monetary assist from EIT Digital. In case you’re additionally concerned about partnering with us, simply attain out.

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