Cardo AI in the running for the EIT Digital Challenge 2021, Europe’s flagship competition for Deep Tech scaleups.
20 finalists from 10 European countries will compete on 21 September
Cardo AI has been selected by EIT Digital, Europe’s largest digital innovation community, 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 409 companies from 33 countries applied for the competition. They cover a variety of areas strategically chosen with respect to major digital trends and European leadership potential: Digital Tech, Digital Industry, Digital Cities, Digital Finance and Digital Wellbeing. The twenty best companies are invited to an exclusive online final event on 21 September to present their technology to an international expert jury of corporates and investors.
Cardo AI will compete against nineteen other European deep tech scaleups. Three 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 winner will receive an additional cash prize of €100,000.
The EIT Digital Challenge takes place for the eighth consecutive year. Since its launch in 2014, the competition has received a grand total of 2900 applications from 35 countries.