The European entrepreneurial ecosystem is developing fast, and scaleups, planning their next round re expanding their search outside of their country borders.
Talentuno – one of Hungary’s success stories. The company is disrupting the recruitment industry with an innovative crowdsourcing model and has just received € 4 million of investment to continue bringing together hidden talent and the best job opportunities.
But that’s not all. Success stories such as Croatian scaleup Rimac, raising $125.9 M from large international brands Hyundai Motor Company, Kia Motors, Porsche, Camel Group and more, are inspiring a whole generation while Romanian UIPath raising €400M from international funds like CapitalG, Sequoia Capital, Accel, Credo Ventures, and Earlybird Venture Capital are a clear sign that Europe is thriving.
When it comes to building a startup pipeline and raising funds, nothing beats international events in terms of ROI. However, exhibiting at large industry events simply doesn’t cut it anymore.
With the average person’s attention span down to eight seconds now, getting lost in the noise is more than a risk, it’s a reality. How can you make investors remember you out of hundreds of pitches?
Furthermore, global events lose focus of region specifics and having European scaleups compete on equal ground with scaleups from San Francisco is not a fair game.
ScaleIT: a platform and a scale-up program connecting South-Eastern European scaleups with international investors and corporates all year long.
“Every year we vet hundreds of applications and select 15 of the highest performing scaleups. After a lean program focused on curation and promotion we invite the finalists to Milan in October to pitch on stage in front of 70+ VC funds and 150 top investors who are interested in the region and ready to invest.
We thus create a healthy balance of 10+ investors per scale-up and the results speak for themselves: companies taking the stage at ScaleIT have raised over $230 million in the last 3 years and success stories include BeMyEye, MotorK, Musement, Cuebiq, Buzzoole, Supermercato24, Shopfully and more.”
According to Lorenzo Franchini, founder of ScaleIT, the 2018 edition had “32 international funds participating and over 100 one-to-one meetings organised between companies and international investors, an average revenue growth of 177% and 48% of international sales of the selected scaleups.”
Now ScaleIT opens its door again for south-eastern European top performing digital and tech scaleups for funding rounds ranging from €3 to €30 million.
Check the eligibility criteria for the ScaleIT 5th edition and register on https://scaleit.biz/#opencall by June 30th 2019 to be one of the 15 scaleups to pitch on stage in front of investment brands such as:
Accel, Amadeus Capital, Ardian, Cisco Investments, DN Capital, Draper Esprit, EarlyBird VC, Eight Roads, Highland Europe, Holtzbrinck Ventures, Idinvest, Index Ventures, Iris Capital, Partech Ventures and corporates such as Euronext, AWS, Salesforce, Silverpeak, Orrick, Badenoch & Clark, Poste Italiane, Ludovici & Partners and SisalPay.
Euronext, the leading pan-European exchange in the Eurozone, has again confirmed its role as main partner of ScaleIT in 2019.