ScaleIT is calling on Italian and south-eastern European startups to register for the 4th edition of its annual event that brings together South and South-East Europe’s most high performing startups with global investors and VC Funds. In the past 30 months, ScaleIT alumni raised over $140M in investment, more than 25% of the total capital raised in Italy in the corresponding period (Q4 2015 - Q1 2018).
Notable companies that successfully scaled up as a result of participating in ScaleIT events include Motork, Bemyeye, Musement, Tok.tv, Shopfully, Cuebiq, Spreaker (now merged into Voxnest). Three of the selected startups in last year’s edition, Artemest and Soundreef and HelloHungry.com, closed new funding rounds in less than 4 months after the event. Eligible scaleups should register on www.scaleit.biz/apply, by Friday, 15th June 2018.
- achieved a turnover of at least €1 million in the past 12 months or at least 1 million monthly users (in the case of online B2C)
- YoY growth of around 100%
- at least 20% of total turnover generated abroad or have a clear and sustainable internationalization strategy
Lorenzo Franchini, ScaleIT Founding Partner, commented: “During the previous events, ScaleIT built a relationship of trust with more than 350 investors from Europe, the USA, Asia, and Israel. This was possible because we presented them with high-quality companies.”
VC Funds present in previous editions include Amadeus Capital, Ardian, Cisco Investments, DN Capital, Draper Esprit, EarlyBird, Eight Roads, Highland Europe, Holtzbrinck Ventures, Idinvest, Index Ventures, Iris Capital, Nauta Capital, Omnes, Partech Ventures.
This year’s event partners: Euronext, McKinsey, Orrick , Amazon Web Service, Salesforce, Silverpeak, Badenoch & Clark, Ludovici, Piccone & Partners, Endeavor, ABC Accelerator, Startups.watch, U-Start and U.S. Consulate General Milan.
ScaleIT is an event/platform that brings South and South-East Europe’s best scaleups with top VC Funds investing in those regions. Founded in 2015 by Lorenzo Franchini — an angel investor and entrepreneur in the venture capital sector.