According to a report by the World Economic Forum, European companies still lag behind their American counterparts, when it comes to scaling up. Therefore, in order to help take European scaleups to greater heights, EIT Digital is ready with the 8th edition of its flagship competition for European digital deep tech companies – EIT Digital Challenge 2021.
EIT Digital Challenge’s 20 finalists
In a recent development, EIT Digital has announced this year’s 20 finalists of the EIT Digital Challenge – its eighth consecutive year event. These finalists were chosen from 409 applicants and are based out of 10 different European countries. On average, they reached a revenue of €1M in 2020, raised €4M funding, and employ 27 people.