LORIOT in the running for the EIT Digital Challenge 2019, Europe’s prestigious competition for Deep Tech scaleups.

5 finalists from 12 EU countries will compete on 6 November in Brussels.

LORIOT has been selected by EIT Digital, a leading European player in innovation and entrepreneurial education, as a finalist in its renowned pan-European competition EIT Digital Challenge. The competition focuses on startups in growth stage, so called scaleups, with deep tech products that leverage sophisticated, hard-to-reproduce digital technologies that fuel the digital transformation.

A total of 279 companies from 33 countries applied in five categories, strategically chosen with respect to major digital trends and European leadership potential: Digital Tech, Digital Industry, Digital Cities, Digital Finance and Digital Wellbeing. In each category, the 5 best companies are invited to an exclusive final event in Brussels on 6 November 2019 to present their technology to an international expert jury of corporates and investors.

LORIOT will compete in the category Digital Cities against four other European deep tech scaleups. In each category, two winners will be awarded and receive a full year support by the EIT Digital Accelerator worth €50,000 to grow their businesses in Europe and beyond. The first prize winners of each category will receive an additional cash prize of €50,000.
The EIT Digital Challenge takes place for the sixth consecutive year. Since its launch in 2014, the competition has received a grand total of 2100 applications from 35 countries. While it initially targeted startups, the EIT Digital Challenge has evolved to become Europe’s flagship competition for deep tech scaleups in digital.


Read the press release and discover the 25 deep tech scaleup selected.



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About EIT Digital

EIT Digital aims at global impact through European innovation fuelled by entrepreneurial talent and digital technology. EIT Digital strengthens Europe’s position in the digital world by delivering breakthrough digital innovations to the market and breeding entrepreneurial talent for economic growth and improved quality of life. EIT Digital helps business and entrepreneurs to be at the frontier of digital innovation by providing them with technology, talent, and growth support.

EIT Digital is a leading European digital innovation and entrepreneurial education organisation driving Europe’s digital transformation. Its way of working embodies the future of innovation through a pan-European ecosystem of over 200 top European corporations, SMEs, startups, universities and research institutes, where students, researchers, engineers, business developers and entrepreneurs collaborate in an open innovation setting. This pan-European ecosystem is located in Amsterdam, Berlin, Braga, Budapest, Brussels, Eindhoven, Edinburgh, Helsinki, London, Madrid, Milano, Munich, Nice, Paris, Rennes, Stockholm, Trento, and San Francisco.

Through ARISE Europe, EIT Digital is active in countries located in Southern and South-Eastern Europe, CEE and the Baltics to pursue its activities in regions as well where the organisation doesn’t have a brick-and-mortar office.

EIT Digital invests in strategic areas to accelerate the market uptake and scaling of research-based digital technologies (deep tech) focusing on Europe’s strategic, societal challenges: Digital Tech, Digital Cities, Digital Industry, Digital Wellbeing, and Digital Finance. EIT Digital breeds T-shaped entrepreneurial digital talent focused on innovation through a blended Education Strategy that includes a Master School, an Industrial Doctoral School and a Professional School.

About LORIOT AG

LORIOT is a global IoT company providing long-range infrastructure for the Internet of Things.
Due to a unique positioning in the LoRa® ecosystem as both software provider and network operator, we are able to provide one of the most powerful and complete solutions in the market. Our core product is a software for scalable, distributed, resilient and secure operation of LoRaWAN® networks and end-to-end applications that dramatically reduces time to market for our clients.
We offer the network infrastructure to set up, operate and maintain a radio network, integrate sensors and communicate with them over a secure and reliable connection.
Already operating in over 130 countries worldwide, LORIOT is one of the leading LoRaWAN® network solution providers.