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Top 100 European Startup Challenge by Vestbee
12 January 2022·15 min read

Aleksandra Wirth

Vestbee

TOP 100 Innovative Companies From European Startup Challenge

In this brief overview, we introduce you to the top 100 companies that have been appreciated in the European Startup Challenge, an online competition organized by our matchmaking platform Vestbee for startups, VC funds, accelerators and corporates, that supports early-stage companies with access to a wide investor network, free fundraising tools and free startup credits!


So, let’s take a closer look at shortlisted European startups worth your attention, starting from the best 10 (if interested, here you will find their detailed descriptions).

  • Smabbler - winner of the first edition of the European Startup Challenge is a Poland-based company developing the most advanced cognitive NLP engine. Its main goal is to use human language abilities to fully automate complex texts and workflow.
  • Cubbit - Italy-based crowdsourcing network of peer-to-peer shared cloud that enables secured access to stored data.
  • Tye - German startup providing a platform that uses Saas technology to clean up all company data to prevent it from overlapping.
  • Sizze - Russian Saas solution for creating apps without having any coding skills. It enables the transition of Figma Frames into React Native code in order to publish applications.
  • Ligna Energy - Swedish startup that has developed rechargeable batteries, fully made out of recyclable materials.
  • Ango AI - Turkey-based startup which mission is to provide AI teams with the highest quality training data. It offers solutions such as Ango Hub, which provides data labeling for the entire annotation lifecycle.
  • Qoolers - Czech-based tech startup focused on providing a solution for EV batteries’ thermal management. It improves the battery charge time and concentrates on building more durable construction.
  • eAgronom - Estonian startup developing an all-in-one SaaS solution for managing the cropland. The platform aims to help farmers reduce the paperwork, keep all reap and sow-related data well-organized and structured.
  • Nordigen -  Latvia-based fintech startup that offers open access to financial data through bank APIs. It determines the credit score of applicants, risk factors, and other liabilities useful in making decisions on a given transaction.
  • Postis -  Romanian company that simplifies the process of delivery and cuts down on the infrastructure requirements to maintain an effective last-mile delivery chain.
  • 4Semantics - Polish platform that specializes in building solutions for intelligent document reading using the cognitive automation system.
  • Abillio - Latvian tool helping entrepreneurs to simplify the process of invoicing by dealing with whole paperwork and tax documents.
  • Acorai - Sweden-based startup developing a heart monitor device that aims to reduce re-hospitalizations caused by heart failures and lower the mortality rate.
  • Ajinomatrix - Belgian platform specialized in offering solutions that help interpret the sensors like scent and taste to the artificial intelligence.
  • Amberlo - Lithuania- based startup providing services for individual lawyers as well as for big law firms. The platform helps to organize documents and the work itself.
  • Autonomous Knight - the main goal of this Belgian startup is to equip cars with an autonomous vision sensor, which can raise situational awareness during any weather conditions.
  • Bitskout - Estonian software platform that democratizes access to AI by removing technical barriers to start using it in daily work. It works as a plugin to project management tools and utilizes a ‘no-code’ user interface. Biskout was included by UNESCO IRCAI to Top 100 A.I. project solving problems related to UN Sustainability goals.
  • Carbominer - Ukraine-based hardware startup that catches CO2 from the ambient air and then reuses it in a process of plant growth.
  • Codavel  - Portuguese platform addressing the issue of slow-loading apps. By providing new streaming solutions, it helps to use apps uninterrupted under any network conditions.
  • ConstellR - German platform offering technological solutions to help collect precise temperature data from around the globe.
  • CoolBeez - German service platform that donates money to charity organizations thanks to the recommendation system of the products bought by the customers.
  • Cux.io - the largest UX automation Polish platform that identifies the behavioral patterns of the users.
  • Decoditive - Croatian software platform providing analytics tools based on artificial intelligence to help businesses uncover the meaning behind the customers’ actions and as a consequence understand their needs.
  • DeltaBlock - France-based startup that acts as a liquidity provider which adapts the traditional liquidity system to the needs of the relatively less traded assets thanks to the use of algorithmic trading.
  • NanoWired Germany-based tech startup that specializes in nanowire connection technology.
  • Drafter AI - Latvian platform for startup founders, product managers, or researchers, which allows users to combine and use multiple data sources.
  • Ecosilico - Russian- based startup that introduces cost-effective and carbon-neutral technology for silicon recycling.
  • Finmap - UK platform enabling effective cash flow management for businesses.
  • Finnadvance - Finnish startup aiming to create cell culture platforms for clinical research in the pharmaceutical industry.
  • Frontu (formerly Tasker) - Lithuanian fully automated field service management software for business. The goal of this system is to cut costs, minimize paperwork and clarify the procedures for both employees and customers.
  • Goldilock - European startup revolutionizing cyber protection on the Internet via patented TruAirgap™. It segregates and secures sensitive data, clean backups, internal systems, and IT infrastructure via remote, physical disconnection from the internet. Yet, enables non-IP access in seconds.
  • GoodStyle Belarus-based startup that has created a virtual fitting room in the form of an app. A company works on AI solutions to make online shopping more effective and less time-consuming.
  • Green City Solutions- German-based producer of the first biotech filter to improve air quality in the cities.
  • Hinted - Russian interactive guide to help users master any software. A platform was created to train employees and increase their productivity.
  • HiPets - Polish platform that allows booking pets’ appointments with different specialists like vets, hairdressers, trainers, and so on.
  • Hiveonline - Danish digital platform built to help farmers increase revenue. It gives insight into markets & investments and simplifies accounting management.
  • Hookle - Finnish app created to manage social media platforms easily and effectively.
  • Inlock Kft. - Hungary- based startup that invented an invisible bike lock.
  • InSTREAMLY - Warsaw matchmaking platform for brands and streamers to help them establish partnerships.
  • Insurfox GmbH - German-based startup that offers B2B insurance in the transport, logistics, and mobility industries.
  • iPaidThat- French app that focuses on providing a tool to simplify, automate and centralize companies’ finance management.
  • iSpeak App - Lithuanian platform that learns English through short interactive videos from the best teachers around the world.
  • Jenz app - it’s a Croatian internal social network that works like a company’s live newsletter and a mobile version of the intranet.
  • Kernwerk GmbH - German fitness app that offers its users individually prepared training, in accordance with the user’s performance level and available equipment.
  • Licenseware - Romania-based startup that concentrates on making software asset management more efficient for companies. It prevents data from accidental usage and audit exposure.
  • Lingvanex - Belarus-based tech startup concentrated on providing machine translation using the technology of neural networks.
  • Lintil - Ireland- based prop-tech startup that aims to guide homebuyers through purchasing process by launching a virtual assistant service.
  • LunchPoint - Czech platform made for both customers offering a quick search of restaurants and giving an opportunity to book a table, and businesses - helping restaurants to measure sales and marketing effectiveness.
  • Magnetiq - Turkish SaaS solution aiming to solve all problems SMBs are facing within the digital marketing space. The company enables its users to create effective digital ads on all platforms at once.
  • MAGOS - Greece-based company that delivers technologically advanced hand-tracking gloves, used as clinical data collectors.
  • medicalmotion GmbH- German AI-powered application that provides users with therapist-accredited, customized exercise recommendations.
  • Mentorist - Estonian app that summarizes bestsellers in business, leadership, and personal development. This solution makes learning and reading much more effective.
  • Microamp Solutions - Poland-based startup concentrated on discovering new wireless communication. It enables super-fast and ultra-slow latency 5G thanks to the 5G mmWave technology.
  • Mild Blue - Czech company that delivers solutions built on AI and Machine Learning. It offers products like Breviary, which helps calculate the correct medication dosage, or Datavid, which helps doctors to simplify the process of medical reporting.
  • MiProbes Biotechnologies - Germany-based startup that develops diagnostics allowing instant at-home health tracking and optimization.
  • MNFST - UK platform creating a network to influence people by using word of mouth marketing.
  • Mood-me - Luxembourg-based startup that develops Face AI and AR technology to create any type of engaging experience for users, such as cosmetic virtual try-on or augmented reality filters.
  • Netsensing Technology - Swiss digital health solutions provider aiming to monitor vital signs in real-time.
  • NeuroGames Lab - Warsaw-based fintech startup creating an innovative HR solution- GameHR Sales, to help banks and insurers gain efficiency in managing the workforce.
  • Ninja Lender - Polish matchmaking platform that aims to connect rejected by financial institution borrowers with other credit providers.
  • Olvin - UK platform that gives an insight into a consumer’s behavior with the use of machine learning.
  • Omniaz - Poland-based startup that provides end-to-end augmented reality solutions. By using AR technology it delivers special 3D models, which makes online shopping more effective and easier. Its solutions are dedicated to the retail, FMCG, and beverage industries.
  • Oxford Immune Algorithmics - it is a UK-based  AI company specializing in immune monitoring incubated by the University of Oxford, which provides individualized health data.
  • prints.me - Warsaw app developer, which focuses on making the process of printing even easier. It created an app to control the order, status, and budget for your projects.
  • ProdCamp - Estonia-based startup aiming to help in collecting the customer’s feedback. With the use of ProdCamp users can analyze and gain insight based on the CRM data.
  • PYDRO - Water to Data - Germany-based clean-tech startup which mission is to preserve water. The company uses self-powered plug & play sensor solutions to provide more visibility into the operation of water networks.
  • R8tech - Estonian company supporting premium class commercial buildings with AI-powered solutions to improve energy savings.
  • randevu - German platform that specializes in configuring, launching, and customizing any marketplace.
  • RatedPower - Spanish end-to-end platform that designs utility-scale solar photovoltaic plants.
  • Readmio - Czech app dedicated to parents, it creates stories and fairytales and at the same time, helps parents while they read by adding voice effects and images.
  • Realytics - Poland-based new generation AI platform that enables in-depth competitive intelligence and benchmarking for retailers and consumer brands.
  • Red Kubes - Dutch company that has developed a product called Otomi Container Platform to help manage the container delivery process and make using the Kubernetes solution much easier and effective.
  • Reeler - Swedish platform allowing to collect, organize and publish user-generated content in any marketing channel.
  • ReHub GmbH - Germany-based startup that has created innovative IT solutions for private, computer-aided home training as well as for use as medical rehabilitation measures.
  • Renderro - Polish cloud desktop platform created for everyday video editing and graphic designing.
  • Ringhel TEAM - Romainian B2B software solutions provider aiming to enhance enterprise agility for the power and gas companies. Its mission is to simplify and accelerate the digital transformation of energy companies with the use of digital tools like GeFEE.
  • ScorePlay -  Lisbon-based company using AI to optimize media workflow for sports organizations.
  • Sigrata - Warsaw marketplace with ready-to-use IoT solutions connecting hardware with 3rd party providers and software engineers.
  • SOLO Workout (Heavy Kinematic Machines) - Poland-based company that provides devices and applications for measuring gym development. It creates a network that allows devices to be always connected and securely store the data.
  • SoyDigi - Polish startup that aims to fasten and simplify administrative tasks in businesses. Thanks to smart bots it helps to attract, onboard, and manage clients.
  • Speakquest - Romania-based startup dedicated to children between 3 and 14 years old with speech deficiencies or language/pronunciation disorders. It provides the VoxiKids app, which is an educational game and a source of interactive exercises, and VoxiClinic - a digital clinic, designed to give parents access to their child’s therapists and necessary materials.
  • Spiritus - Croatian platform created to store digital memorials through storytelling. It contains photos, videos, and memorable life stories to help users remember beloved and important ones and moments from their past.
  • Stepapp - Warsaw-based app created to make cleaning services much easier. It aims to guarantee professional cleaning staff as well as safety and 24h of customer service.
  • STILRIDE -  Sweden- based company founded to develop personal electro-mobility machines with minimal environmental footprints.
  • Suplery - Ukrainian platform made for both suppliers and customers that aims to solve the problem of replenishment. It provides customers with a wide variety of cosmetics and helps suppliers with the managing process of orders.
  • TESSELO - this Portugal-based startup mission is to tackle environmental issues. It uses the power of satellites and AI to translate natural phenomena into spatial models.
  • Timeflow Srl - Italy-based startup that focuses on delivering a tool that enables finding a required workforce in the simplest way. It helps businesses to get in touch with the software developers of companies’ networks.
  • TransactionLink - the aim of this Warsaw startup is to transform the way FinTech operates by enabling companies to build products in faster and easier ways.
  • TrustMate - Polish platform concentrated on collecting customers’ opinions for businesses. It aims to boost advertising and sales.
  • ubiMaster - German app that offers online tutoring for children. It gives access to learning materials and professional help provided by teachers.
  • uMore - Portuguese AI-powered mental tracker that helps its user to build positive habits, change behavior and share their well-being data with professionalists and family.
  • Vatis Tech SRL - Romanian speech recognition platform that offers a pre-recorded or real-time transcription of the audio.
  • Vibrant - Denmark-based startup that has developed an app providing payment solutions. User can perform contactless payments through an Android device.
  • Vocal Image - Esronian AI-driven platform that aims to improve users’ voice with simple exercises. Its main goal is to help gain confidence and increase efficiency by performing even 3 minutes tasks during the day.
  • WEARFITS - Polish startup using augmented reality and machine learning to provide a better online shopping experience. Thanks to digitalizing wardrobe and footwear, customers can adjust sizes and virtually try on clothes, making the online shopping process much easier.
  • Wheelstair - Poland-based startup that has developed a wheelchair add-on that allows traversing stairs.
  • Whirla - Warsaw company that helps other businesses to arrange work in the offices, including activities such as assigning desks, rooms, and zones available for workers and analyzing office usage data. Thanks to this platform employees can easily check and book any seat or desk at work.
  • Zeipt AS - Norwegian platform that sends electronic receipts to the customers. Its mission is to increase customer trust and simplify receipts storage.
  • ZENOO - Lithuanian company that produces freeze-dried raw dog food made from human-grade meat.
  • Zonifero - Polish platform that allows managing a workspace. It optimizes processes and costs and at the same time, increases employees’ comfort and productivity.

Last but not least, great thank you to our partners Credo Ventures, Next Road Ventures, 500 Istanbul, Huawei,  Eleven Ventures, 212, GFC, OTB Ventures, TMT Investments, One Market Capital, Fil Rouge Capital, Iron Wolf Capital, Inovo Venture Partners, PKO VC, Impact Ventures, Elevator Ventures, ScaleX, oxo holdings, Shape VC, Alfabeat and many more for the support in startups’ selection!

Related Posts:

European Startup Challenge - Top 10 Innovative Regional Companies (by lya Mikhalchyk-Kananenka, Community Builder, Vestbee)

TOP 100 CEE Startups That Closed Funding Rounds In 2020 (by Konrad Koncerewicz, VC Community Builder, Vestbee)

CEE Startup Challenge VI - TOP 10 Innovative Companies From Central & Eastern Europe (by Jakub Kopera, Community Builder, Vestbee)

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