The Demo Day, last November 23rd, celebrated innovation, resilience, and the incredible journeys of the eight accelerated impact enterprises. In the past months, they were committed to exploring real-world impact across diverse sectors, connecting with change-makers, and gaining insights into data-driven success that contributed to the event’s success.
Here below, we would like to share some of the major achievements in this 6-month acceleration time frame.
Bin-e solidified its presence in the waste management industry, especially in Switzerland and in the Czech Republic, and successfully entered the Italian market. Bin-e introduced Electro, a new product designed for public spaces to enhance the collection of recyclables like light bulbs, batteries, and coffee capsules. Lastly, Bin-e has been noted as the #13 fastest-growing tech company in Central Europe, in Deloitte’s prestigious “Technology Fast 50 CE” programme.
Dedalo AI activated two new PoCs, onboarded one new paid client and secured €75K out of 150K for a €150K bridge round prior to the €1 million seed round planned for next year.
OPT/NET as a result of the GoldenEye EU H2020 project presented “GOLDEN AI” – a game-changer for monitoring critical infrastructure by fusing Satellite Earth Observation data with Drone imagery and ground-based proximal sensor data. The platform holds around 800 data products for five use cases, ranging from mine safety and mineral prospecting to environmental monitoring.
ReLearn closed a €1 million seed round to further accelerate its growth in Europe and worldwide, expanding the team and fulfilling its mission to turn waste into a resource with NANDO & several new clients as Reale Group.
Untap started generating revenue and successfully secured over €300,000 in grants. As well as started working on customer sites in the U.K., building a pipeline of thousands of global customers.
Valuebin explored possible collaborations with Restore and activated discussions with three major Italian retailers.
volvero obtained data from Data Club (particularly Banca Sella and WindTre). Launched an improved UX version of the app after user feedback and achieved 7000 downloads. Also started pre-commercial activities in Malta and raised over 100,000 Euros via EU grants & competitions.
Xnext closed an agreement of €20 million financing in venture debt from the European Investment Bank (EIB) to further develop their XSpectra technology and expand their leadership in the food safety sector. Successfully entered the Japanese and Israeli markets.
Photo credit: Michele D’Ottavio for OGR Torino