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Five European Deep Tech Ventures To Watch Out For In 2018: The EIT Digital Challenge Winners

We are so thankful to have been named one of the Top 5 Tech Ventures to Watch Out For In 2018! The funding received will help our various international branches to grow and thrive! 

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The companies won in the EIT Digital Challenge at the end of 2017 and will now receive comprehensive support to accelerate their international growth.

Sensors that enable drivers to find free parking spots faster and thus make cities cleaner. A low-cost assessment tool for detection of dyslexia at an early age to provide timely support. These are only two of five deep tech scaleups that EIT Digital has awarded in the EIT Digital Challenge 2017 to support their international growth in 2018 and beyond. The annual contest sought for the best scaleups – fast growing startups ready to scale their operations – in five key areas: Digital Industry, Digital Wellbeing, Digital Cities, Digital Finance and Digital Infrastructure. The winners received a prize package worth €100,000 consisting of one year support in the EIT Digital Accelerator programme worth EUR 50 000 and EUR 50 000 in cash.

Lexplore has developed a technology using artificial intelligence and machine learning to identify dyslexia in a child as early as in elementary school.

(EIT Digital Challenge winner category Digital Wellbeing)

We’ve set this year’s eligibility criteria very high‘, says Dominik Krabbe, Lead of the EIT Digital Challenge. ‘The quality of the finalists and their technology solutions were impressive. We have seen excellent companies with a great potential to scale up internationally. We will be working closely together with them to accelerate their growth in 2018 and create the next European success stories.

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