LORIOT wins the 2nd prize of Digital Cities category and it is one of the TOP10 European deep tech scaleups

→ 279 applicants form 33 European countries.

→ The 25 most promising deep tech scaleups competed in the EIT Digital Challenge 2019 finals

→ The 10 best companies receive prizes totalling € 750 000, including international growth support by the EIT Digital Accelerator that was just recognized as a World Top Public Business Accelerator

Brussels, November 7, 2019 - EIT Digital has awarded the 10 best European Deep Tech companies in the EIT Digital Challenge scaleup contest 2019. A record number of 279 scaleups from 33 countries applied, representing a 40% growth with respect to 2018 and the highest country variety in the 6-year history of Europe’s flagship deep tech competition in digital. The EIT Digital Challenge targets European digital technology scaleups focused on fast growth of their business in Europe and worldwide. The ten awarded companies will join the EIT Digital Accelerator that was just recognized as one of the five World Top Public Business Accelerators and the programme with the best pan-European reach, and as Top 4 European Accelerator brand in the Startup Heatmap Europe report. In addition, the first place in each category receives a €50,000 cash prize.

10 flagship scaleups strengthening the digital future of Europe in 5 categories

The 25 finalists presented their innovative digital solutions to juries composed of tech specialists, investors, c-suite level executives of European technology corporations and EIT Digital experts. After thorough examination of the market and internationalization potential of each competitors’ business model, the judges selected 10 winners in five categories representing EIT Digital’s strategic focus areas: Digital Tech, Digital Cities, Digital Industry, Digital Wellbeing and Digital Finance.

The 10 Best European Deep Tech scaleups are:

Digital Industry:

• 1st place: Oculavis (DE) - Remote Service Platform with customizable service apps, AR and AI applications
• 2nd place: Wonderflow (NL) - Helps brands extract actionable insights from customer feedback

Digital Tech:

• 1st place: R3 (DE) - High-performance wireless technology for mission-critical industrial applications
• 2nd place: QuoScient (DE) - Fully automated cybersecurity platform to manage operative processes

Digital Wellbeing:

• 1st place: Mecuris (DE) - Platform for customizable and 3D-printed prosthetics and orthotics
• 2nd place: SidekickHealth (IS)- Digital therapeutics platform to prevent and manage chronic diseases

Digital Cities:

• 1st place: CERBAIR (FR) - Drone detection and neutralisation via radio frequency
• 2nd place: LORIOT (CH) - Secure and scalable long-range infrastructure provider for IoT

Digital Finance:

• 1st place: Zelros (FR) - AI and Machine Learning technology, helping insurances increase sales efficiency
• 2nd place: Minna Technologies (SE) - Subscription management platform for retail banks

Read the official announcement.

Read our blogpost about what this prize means to us.


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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.