Being there for the companies we invest in. As any entrepreneur would tell you, not all money is equal, and we recognise and stand by that, having all been entrepreneurs ourselves. Together with SPEX Capital we are bringing to the table much more than funds for the companies we invest in.
The EIT Digital extensive European network spans 23 offices and a Silicon Valley Hub and through our ecosystem of over 1000 investors, 300 partners - including large corporates, startups and SMEs, universities and research centers, technology providers and institutional stakeholders - we provide the companies we invest in with unparalleled access to the brightest minds, expert guidance through coaching and mentoring, cutting-edge resources, and a broad network of digital wellbeing and healthcare professionals and innovators across Europe. Moreover, thanks to our strategic partnerships, we collaborate and engage on a regular basis with institutional stakeholders such as the European Investment Fund (EIF) and the European Innovation Council (EIC).
Our partners at SPEX Capital bring a wealth of expertise to the table, a flexible fund infrastructure and a track record of successful fundraising connections, including engagements with many other large institutional players. They've also developed cutting-edge investment portal technology that streamlines the entire process, ensuring we can quickly identify and capitalise on the most promising opportunities.
EIT Digital and SPEX Capital initially formalised their partnership in 2023 through a service agreement, reinforcing their shared objective to drive innovation across Europe. SPEX also played a pivotal role in the EIT Digital Champions 2024, contributing to the selection of promising scaleups.
Our joint focus on early-stage investments is particularly vital. These stages are often where funding can have the most substantial impact, yet they are typically underserved by conventional venture capital, which tends to favor later-stage developments. By stepping in at an early stage, we make our companies stronger and more resilient, we prepare them for the constantly changing world out there, and we ensure that their innovative healthcare solutions receive the support they need to develop and scale. In essence, we give our companies the capital and strategic guidance they need to scale their ground-breaking visions into reality.
A visionary future that merges technological advancement with sustainability is not just possible, it's underway. The key to realising this vision lies in strategic partnerships and investments that align with these goals. Together, we EIT Digital and SPEX Capital are paving the way for a healthier, digitally enhanced world.
