For the third consecutive year, SEC2SV is ready to welcome a selection of the best European Tech Scaleups for a week of local presentations and meetings, including European Innovation Day at the Computer History Museum in Mountain View on September 20th.
Organized by Mind the Bridge and EIT Digital with the support of the European Commission and European Parliament, SEC2SV embodies today the premier program for future European unicorns to engage with main US industry players for business, funding and collaboration opportunities in order to rapidly scale up on the other side of the Atlantic.
With total revenue of over $60M and 800 employees these 15 promising selected tech companies come from Austria, Belgium, Finland, France, Germany, Italy, Netherlands, Spain, and the UK, and cover verticals such as Mobile Advertising, Digital Marketing, Marketing Technology, Fintech, Education, Wearables/IoT, Big Data Analytics, Energy, Health, Security, Wireless, TV-Multimedia, System Management.
To be considered for the SEC2SV delegation, companies needed to demonstrate significant growth in revenue and/or number of employees during the last 3 years and to be ready for expansion into the US market. The average annual revenue for the selected companies is $4M+ and the average number of employees is 50+.
The selected scaleups will spend an entire week (18-22 September) in Silicon Valley alongside a delegation of visiting officials from the European Commission, European Parliament, European Committee of the Regions, EU member state representatives including 3 Secretaries of State, investors and senior executives of established corporations.
Each company will present their business at the SEC2SV European Innovation Day Conference (#SEC2SV) to an international audience of over 500 attendees at the Computer History Museum in Mountain View.
Eric Thelen, Director of EIT Digital's Silicon Valley hub states that: "Once again, SEC2SV 2017 will demonstrate the huge potential of European technologies in the American market and provide top European entrepreneurs with excellent opportunities for succeeding in Silicon Valley. EIT Digital is proud to connect outstanding European talent with the innovative heart of the USA: San Francisco and the Bay Area."
"We're very excited to once again welcome a great selection of European scaleups to Silicon Valley. Since 2014 we have been working hard to strengthen the conversation between EU and US, help policymakers better understand the real needs of the markets and let them have a tighter grip on the upcoming trends as they emerge by giving them first hand experience. As demonstrated in the past editions, we hold high expectations for the futures of these companies and hope to pave the way for them to become the next European unicorns," saidMarco Marinucci, CEO Mind the Bridge comments.
Selected European Scaleups:
App-Ray (CEO Zsolt Nemeth) - Austria
App-Ray is a provider of automated Android application security scanning. App-Ray provides fully automated security analysis of mobile applications to find security issues, privacy breaches and data leaking potentials. It augments existing mobile security solutions to classify and provide deep insights on application behavior.
Beintoo is a mobile data company offering behavioural analysis and data driven campaign based on geo-location information. Their technology allows clients to measure engagement and drive-to-store conversion of their mobile campaigns.
Buzzoole is an end-to-end Influencer Marketing platform that allows brands to integrate key influencers into their digital communications in a fully automated way. Buzzoole automates the search, reward and evaluation system that brands use to find Influencers, making it an effective marketing option with measurable ROI driven results.
Five Degrees provides core banking technology with their online digital banking platform. They automate banking processes such as client onboarding of a retail banking customer and support banking products such as savings accounts and consumer loans..
Ignilife creates a unique digital platform to empower people to be active in managing their own health and wellness. It utilizes a customizable platform that leverages gamification and social interaction to encourage positive behavior.
Primo Toys is the maker of Cubetto, a friendly wooden robot that teaches children the basics of computer programming through adventure and hands-on play without the need for a screen. Cubetto is the most crowdfunded educational technology invention in Kickstarter's history, raising $1.6m from backers in 96 countries.
ProGlove is a smart glove that enhances the most important tool of professionals: their hands. Enabling manufacturing and logistics staff to work faster, safer and easier, ProGlove provides a suite of connected capabilities to every user with their wearable smart glove.
Redborder: ENEO Tecnologia S.L. (CEO Jesus de la Maza) - Spain
Redborder cybersecurity is an all in one platform for businesses and enterprises. It is capable of performing in a multitude of environments beyond just cybersecurity, with real time venue monitoring, network traffic analysis, and big data analytics all included in the package.
Semarchy(CEO Salah Kamel) - France Semarchy provides a platform for multi-vector Master Data Management (MDM) that leverages smart algorithms and material design to simplify data stewardship, governance and integration. It is implemented via an agile and iterative approach that scales to meet enterprise complexity.
Sunamp designs, produces and sells innovative, patented, highly efficient and super compact Heat Batteries that can be used to store heat for a number of applications including many renewable and low carbon technologies.
Swap.com is an online consignment and thrift store for women, men and kids. Challenging the common perception of shopping secondhand, Swap.com offers a wide variety of styles and brands promoting high quality and fast shipping for sellers and buyers.
Wirepas Connectivity is a de-centralized radio communications protocol for large-scale IoT applications. Their software allows for IoT data to be transmitted from any connected devices using radio chips on any radio band.
Sentiance is a data science company turning IOT sensor data into insights about people's behavior with real-time context. These insights enable companies to understand how customers go through their everyday lives, to discover and anticipate key moments, and adapt customer engagement to real life behavior. Sentiance context intelligence enables solutions for a multitude of industries including insurance and automotive.
About Startup Europe Comes To Silicon Valley (SEC2SV)
Launched in 2015, Startup Europe Comes to Silicon Valley (SEC2SV) brings together annually the most relevant founders, corporates, investors, and policy-makers from the EU entrepreneurial ecosystem and Silicon Valley in engaging meetings and workshops, forging meaningful long-term relationships.
SEC2SV is the flagship pan-European program in Silicon Valley supported by the European Commission and European Parliament. A week-long program of high-level activities organized around the European Innovation Day conference.
Past participants have included: the best 15 year EU scaleups expanding to the US; Elżbieta Bieńkowska, EU commissioner for Internal Market, Industry, Entrepreneurship and SME's, Günther H. Oettinger, EU Commissioner for Budget and Human Resources; Julie Hanna, US Presidential Ambassador for Global Entrepreneurship; Betsy Masiello, Head of Public Policy, Uber; and Henry Chesbrough, the Father of Open Innovation
SEC2SV is a format created and organized by Mind the Bridge as part of the Startup Europe Partnership (SEP) initiative and co-organized with EIT Digital.
EIT Digital is a leading European open innovation organisation that brings together a partnership of over 130 top European corporations, SMEs, start-ups, universities and research institutes. EIT Digital invests in strategic areas to accelerate market uptake of research-based digital technologies and to bring entrepreneurial talent and leadership to Europe.
EIT Digital is a Knowledge and Innovation Community of the European Institute of Innovation and Technology (EIT). EIT Digital headquarters are in Brussels with co-location centres in Berlin, Budapest, Eindhoven, Helsinki, London, Madrid, Paris, Stockholm, Trento and a hub in Silicon Valley.
About Mind the Bridge
Mind the Bridge is a global organization that provides innovation advisory services for corporates and startups. With HQs in San Francisco (CA) and offices in London, Italy and Spain, Mind the Bridge has been working as an international bridge at the intersection between startups and corporates since 2007. Mind the Bridge scouts, filters and works with 1,500+ startups a year supporting global corporations in their innovation quest by driving open innovation initiatives that translate into curated deals with startups (namely POCs, licensing, investments, and/or acquisitions). Mind the Bridge publishes curated reports on the status of the scaleup ecosystems in different geographies, as well as M&A and innovation market trends in various verticals. Mind the Bridge has strong partnerships with entities such as the London Stock Exchange and the European Commission, for whom it runs the Startup Europe Partnership (SEP) open innovation platform.
About Startup Europe, European Commission
The Startup Europe Team works with entrepreneurs connecting them with the European ecosystem where talent, investment and learning can be easily captured. We believe Europe's growth is going to be determined by savvy startups, and we want to support the growth of these startups. Startup Europe is based on four pillars: 1. Connecting people through our array of networks, such as investors, accelerators, female entrepreneurs, corporate networks, universities and #EUTechWriters (Startup Europe Partnership, SEP Investors Forum, …). 2. Connecting ecosystems with 5 Projects (Digistart, ePlus Ecosystem, Startup-Scaleup, Twist Digital and WELCOME) and by supporting regional initiatives such as Startup Europe Week or Startup Europe Regions Network. 3. Helping startups to soft-land in other markets such as Silicon Valley (SEC2SV) and India. 4. Celebrating entrepreneurs' success (Techallstars and Europioneers).
About Startup Europe Partnership (SEP)
Established by the European Commission in January 2014 at the World Economic Forum in Davos, SEP is the first pan-European open innovation platform dedicated to transforming European startups into scaleups by linking them with global corporations. By participating in the SEP program, global companies can ease the scale up process of startups via business partnerships and strategic and venture corporate investments, providing them with access to the best technologies and talents through procurement of services or products, corporate acquisition or "acqui-hiring". SEP is led by Mind the Bridge, a global organization with offices in Europe and United States, with the support of Nesta (the UK's innovation foundation), London Stock Exchange Group, European Startup Network (ESN) and the Scaleup Institute. SEP is a Startup Europe initiative
Media Contact: Álvaro de la Cruz EIT Digital Silicon Valley Hub Communications Lead +34-682-784-105 [email protected]