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10 Women-Led Startups Compete For Grants In European Event

10 Women-Led Startups Compete For Grants In European Event

Women Who Tech, which showcases and funds women-led ventures around the world, has selected 10 finalists for the Women Startup Challenge Europe. Hundreds of female-led startups from 35 countries competed for the chance to pitch to top investors and tech leaders. The final 10 will compete at an event co-hosted by the Office of Paris Mayor Anne Hidalgo at Paris City Hall on Oct. 25, 2018.

A total of $60,000 in cash grants will be awarded to the winning startups, and a $25,000 cash grant will be awarded by Mozilla for the product that best incorporates privacy and transparency.

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“We’ve seen a rise in the number of women-led startups across Europe, yet the latest data shows that only 10% of investor funding in the EU goes to women-led ventures,” said Allyson Kapin, Founder of Women Who Tech in a statement. “We’ve built a pipeline of over 2,000 women-led startups to provide investors with direct access to the best early-stage women-led startups.”

A 2015 report in Fortune revealed that woman-led companies drove 3X the returns compared to S&P 500 enterprises run predominantly by men. “We’ve got to invest in diverse perspectives and close this gap,” said Craig Newmark in a statement. Newmark is an advisor to Women Who Tech and the Founder of craigslist and Craig Newmark Philanthropies.

The Women Startup Challenge Europe Finalists are:

DEKO EKO (Poland) — An upcycling platform that works with designers globally to create well-designed consumer products out of carefully selected waste materials from the largest companies and brands.

Enterprise Bot (Switzerland) — Develops AI-powered chatbots to automate customer interactions and provide enterprises with a readily accessible digital agent to improve customer experience and create operational efficiency for companies.

INOREVIA (France) — Develops and commercializes a new generation of patented technologies that miniaturize lab instrument volumes for analysis. This technology drastically reduces costs, time and manipulation necessary to perform next-generation bioassays and precision medicine.

NOVA (Germany) — A Bluetooth headset that can be integrated into earrings with a built-in speaker and microphone.

ObjectBox (Germany) — A high-performance NoSQL, ACID-compliant on-device database for mobile and IoT.

Sampson Solutions, Ltd. (England) — Creating bio-based construction materials from sustainable sources using a closed-loop, carbon neutral manufacturing process.

SonicJobs (England) — A virtual recruiter for blue-collar recruitment that uses chatbots combined with occupational psychology and AI, which screen and select the right job candidates in real time.

TRIK (England) — A Google map for structural inspection that turns photos from drones into digital 3D models. Users can make comments, take measurements, and compare changes directly from the time-lapse 3D models.

Vitrue Health (England) — A system that sits in the background of clinical assessments, autonomously measuring motor function metrics, freeing clinicians to focus on more complex patient interactions, saving millions in health care costs.

Vouchery.io (Germany) — A predictive coupon, discount, and loyalty automation platform that optimizes promotional strategy for customer engagement while preventing coupon fraud.

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