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cee startup challenge by vestbee.com
31 January 2024·15 min read

Agata Marcinek

Vestbee

TOP 100 Innovative Companies From CEE Startup Challenge IX To Watch

In December 2023, the 9th edition of Vestbee’s annual CEE Startup Challenge, the largest online competition for regional startups and scaleups, was held.

Supported by EiT InnoEnergy, Molten Ventures, 500 Emerging Europe, Kaya VC, Elevator Ventures, Warsaw Equity Group, OTB, Portfolion, Burda, Flashpoint, Market One Capital, among others, it is dedicated to projects raising seed, pre-Series A, and Series A. This time, Vestbee received over 800 applications from projects developing solutions in fintech, insurtech, adtech, healthtech, cybersecurity, mobility, Industry 4.0, foodtech, and other sectors.

Romanian Ogre.ai was considered the winner of the last CEE Startup Challenge, while Talkie.ai and BehavioLabs are in the top three. Here, we have created a list of the top 100 startups shortlisted during the program and provided more details about their products.

Ogre.ai

The winner of this year’s edition of the CEE Startup Challenge, Ogre AI, is an automated B2B platform that uses machine learning to offer financial and operational decision-making support to energy & utilities companies.

Talkie.ai

Holder of the second place, Talkie.ai is transforming patient-provider communication through AI-driven voice technology, streamlining administrative tasks and elevating patient care. Patient interaction is simplified with medical clinics and appointment management through Talkie.ai's virtual front desk, equipped with service-ready intelligent voicebots.

BehavioLabs

The third-place winner, Behavio, is a B2B SaaS platform for marketers, delivering insights in the relation between marketing spend and revenue through research. Instead of triggering excuses, Behavio assigns tasks, like gauging immediate product preferences or brand recognition.

Ender Turing

Next on our selection, Ender Turing, is a real-time behavior analytics for B2C enterprises to boost revenue and customer satisfaction. It identifies top performers across calls, chats, and video meetings and enables users to see call center KPIs & agent progress.

Magma

The forthcoming name on our list, Magma is an artistic platform which empowers creators on their creative journey by supporting and letting them unlock their full potential. This collaborative platform brings artists, teams and communities from across the world together to innovate, collaborate, and express themselves.

V-Art

V-Art offers an automated IP licensing solution for brands, creators, and AI developers. The platform includes an NFT+ marketplace, virtual exhibition tech, and networking tools. It streamlines licensing cycles for higher revenues and tackles the challenge of bringing the art world's experiential aspects into a virtual format.

Sales Forge

Salesforge is an all-in-one sales execution app that gives every sales team the highest probability to hit its target. It is done by enabling real-time AI & machine learning as the answer for escalating software costs.

Culturepulse

Slovakian startup CulturePulse aids businesses in communicating with potential customers to minimize negative reactions. It constructs digital twins, assessing messages against audience beliefs and values. The platform quantifies various factors, including anger, anxiety, personality, morality, family, friends, finances, inclusivity, racism, hate speech, and over 80 cultural categories.

HearMe

HearMe provides mental health support for employees by setting 1:1 sessions with therapists, coaches, and business mentors, ensuring anonymity and security. Unlike a marketplace, HearMe's team undergoes rigorous verification. 

DeRisk

DeRISK RMS is a real-time B2B SaaS platform for corporate treasury and hedging. It helps companies manage cash, currency, and commodity exposures in real-time, integrating over 1000 ERP sources and banks. Its system-agnostic solutions empower clients to oversee cash, liquidity, and market risk through a unified platform.

DiamonTech

DiaMonTech develops a medical device to measure blood glucose non-invasively, i.e. without finger pricking. The startup ensures that its patented laser-based technology makes measurements easy and pain-free.

Travatar.ai

Poland-based company, Travatar, combats bots, ad fraud, fake news, and cyberattacks, acting as “a digital vaccine” for websites to prevent major financial losses and incorporating GenAI detection.

Wantent

Wantent is a Ukrainian AI-powered platform to measure audience engagement and test content at all stages of production and distribution. It helps content producers and distributors to maximize ROI and audience engagement.

IQ Window

IQ Window aims to revolutionize the issue of buildings overheating and increase their energy efficiency through the use of electrochromic glass. Its product makes glass with controlled translucency more commercially available thanks to a cheaper solution, such as chemical electrochromic coatings.

MiFundo

Estonian AI-based data solution which enables cross-border lending for people and banks in Europe. MiFundo helps banks to collect the credit data from other countries in order to reduce the credit risk while financing foreigners.

AutonomyNow

A Poland-based startup is developing an AI-based ADAS System for the Bus&Coach industry, coming into force in July 2024. It is also working on an Autonomous-Vehice-as-a-Service solution for the last-mile delivery industry, along with logistic partners.

Genotic

Genotic merges the power of AI with advanced biotechnology. By harnessing the capabilities of deep neural networks, the startup is trying to design monoclonal antibodies fully in silicon.

Out of Dark

​​Out of Dark is a tool that allows the user to track and improve the entire customer journey — from acquisition to retention.

Pulsetto Tech

Pulsetto is a vagus nerve stimulator (wearable and app) for a fast and effortless way to reduce stress, anxiety, and improve sleep.

Huntli

Huntli is all-in-one WIX-like live transaction monitoring, risk management & fraud prevention tool for global banking and fintech, eCommerce and Online Betting and Gambling market.

NacView

NACVIEW is a Network Access Control solution which allows controlling and identities that try to access the network - wired and wireless, including VPN connections.

AlphaPowders

Polish deep-tech startup, focusing on delivering cutting edge solutions to revolutionize the way polymer powders are made.

BrightSpaces Tech

BRIGHT SPACES is a Romanian proptech startup that helps boost real estate marketing and leasing through 3D digital twins designed for today's market.

DroneHub

A Polish startup that creates automated, all-weather charging docks for drones to help companies with large infrastructure to reduce monitoring costs, get real-time aerial data, and run continuous drone operations.

Feyenally

Feyenally is developing a solution enabling patients to self-examine their eyes refractive error at home using just their smartphone.

RepsMate

RepsMate, a conversation intelligence platform, that integrates with telephony, chat, and email systems to empower specialists of customer-facing departments.

CarFixApp

Carfix platform integrates car databases, enabling streamlined digital processes for insurance companies, sealers, leasing companies, and parts suppliers.

BrainActive

Brainactive is a self-serve platform connecting companies directly with their target audience using conversational AI, reducing costs and time for market research by 25-30%, while ensuring complete privacy control.

ReLock.id

re:lock enables organizations to form impenetrable networks of servers or devices for secure access and quantum-safe exchange of sensitive data.

transjt.io

transjt.io, a German startup, develops a set of tools to transform Figma designs into code and integrates them into CMS platforms such as HubSpot, Shopify, Contentful, or WordPress.

Flaster

Flaster, a Croatian platform, provides clients with outdoor mobile advertising services. The startup’s solution allows the creation of customized ad campaigns on vehicles, monitoring their movements, daily routes, and the number of impressions from people who happen to be in the vicinity of the car.

Proofminder

Proofminder, a Hungarian platform, provides various micro-level actionable insights on plants, including plant stress, stand count, weed detection, nitrogen, or weather damage analysis, and precise yield assessment.

Nysta

Swedish startup Nysta provides a solution for monitoring large-scale streaming content from YouTube, Twitch & TikTok. Its tools help clients follow their brands, analyze market trends, or identify subjects not corresponding to policy requirements.

Gathers

Gathers is a Kyiv-based startup. Its flagship product is the AI Market Researcher, a tool for marketing and product teams. According to Gathers, it delivers market research insights, cutting research time from several days to 30 minutes.

Jobey App

Ukrainian Jobey App describes its product as “Booking.com for global labor migration.” It develops a marketplace for labor migrants and employers.

eventmate

Kyiv-based startup eventmate develops a mobile-first ticketing service for events. The app also has a messenger integrated, allowing purchasing tickets and leaving feedback through Telegram, WhatsApp, Facebook Messenger.

Virbe

Virbe is a Polish startup that allows its customers to create enterprise-ready virtual persons powered with conversational AI. They can speak the brand’s voice in physical locations, on the website, mobile app, and social media, helping businesses boost their presence in retail and e-commerce channels.

MAB Robotics

Poznań-based MAB Robotics specializes in deploying walking robots for visual inspections and maintenance, even in challenging conditions. The startup also offers expertise in designing custom electronics and assisting with the creation of mechatronics contraptions.

REVital

REVital is a Czech startup that develops software for monitoring heart health indicators of the users of smart wearables. 

NeuronSW

Prague-based NeuronSW utilizes AI, edge computing, and industrial IoT for real-time analysis of sound patterns in mechanical systems. This enables early detection of potential failures, minimizing risks associated with unplanned downtime and enhancing quality control across diverse use cases.

Stavario

Stavario develops a platform for construction process management for workers and facilities investors. It includes a construction diary with data on workers' attendance, materials accessibility from the warehouse, and photos from the construction in the daily log.

Pinghome

Pinghome, based in Estonia, is the developer of cloud-based uptime monitoring services for websites and APIs. Its solution provides notifications in the event of downtime and an uptime report on the mobile device to ensure the business’ software is working correctly.

sylbaa

German startup sylbaa develops a platform that enables users to calculate, assess, and trade precious metals.

EFM

EFM is a Polish startup that provides medical solutions to enhance patient care. Its mission is to elevate the standard of medical services by empowering healthcare professionals with advanced tools, thus revolutionizing patient care.

Deep Biotech Solutions

Deep Biotech Solutions, a Hungarian company, specializes in the development of molecular genetics and bioinformatics technology, including CRISPR/Cas9-based genetic modifications and deep neural network-based machine learning.

Live Market

Live Market is a Poland-based application offering a SaaS live marketplace, delivering a platform for transactions and interactions tailored for e-commerce enterprises.

Ninja Lender

A Polish startup Ninja Lender develops a B2B platform that assists banks and credit institutions in reducing the wastage of loan applications by matching rejected borrowers with alternative credit providers, promoting financial benefits for all parties involved.

PredictWatch

PredictWatch is an Austrian startup that specializes in predictive maintenance solutions for industrial equipment, aiming to reduce downtime and maintenance costs by using advanced analytics, and machine learning.

Extrudia 

Based in Switzerland, Extrudia is dedicated to revolutionizing the construction sector using robotics, AI, and automated data collection, aiming to enhance efficiency, safety, and productivity across various construction processes.

ParaStruct

Austrian ParaStruck is focused on enabling circular solutions, transforming mineral and biogenic waste streams into circular materials and components, to reshape the built environment and achieve sustainability.

Artificient Mobility Intelligence

Artificient Mobility Intelligence is a German startup offering a smart driving mobile app that aims to prevent distracted driving, reduce CO2 emissions, and save on insurance costs through the computer vision technology.

Swotzy

Swotzy, a startup based in Latvia, offers a simplified shipping tool to help e-commerce merchants optimize their last-mile operations, always using the best-suited carrier to save operational costs and improve efficiency.

Stressonika

Stressonika, a Polish startup that offers a solution to measure resistance to stress and mental effort based on brain and heart activity data. It aims to help individuals improve mental well-being, achieve peak performance, and avoid professional burnout.

Vivid Mind

Vivid Mind is a Polish startup specializing in advanced diagnostic technology, particularly in the field of dementia detection. The company's mission is to provide comprehensive medical care for individuals with cognitive disorders, from early detection to personalized treatment.

.lumen

.lumen is focused on developing glasses that empower the blind, offering advanced assistive technology through self-driving capabilities and features that replicate those of a guide dog.

SANEZOO 

SANEZOO is an innovative high-tech provider for 3D inspection and robot guidance, specializing in flexible robotic inspection and handling for challenging surfaces like shiny, metal, machined, and painted parts, with a team of R&D specialists and a global reach.

Akurateco

Akurateco is a white-label payment orchestration platform that provides a customizable PCI DSS-compliant payment processing solution, with over 250 connectors to banks and payment methods worldwide.

CUX

CUX is a user behavior analytics platform that enables businesses to analyze user behaviors, eliminate conversion inhibits, visualize user frustrations, and optimize user experience.

RiskSeal

RiskSeal is a Polish startup, a fintech empowerment solution that enables the onboarding of legitimate customers and prevents fraudulent activities.

Vidoc Security Lab 

Vidoc Security Lab is a company based in Poland. This security automation platform is designed to monitor attack surfaces, automate security operations, and create custom security checks.

Muzaic

Muzaic is an Polish innovative app that combines musical creativity, and cutting-edge IT solutions to create personalized music experiences tailored to individual emotions and culture.

Meredot

Meredot is a startup situated in Latvia, that specializes in wireless charging technology for shared and private mobility, with a focus on sustainability and environmental responsibility.

SmartyMeet

SmartyMeet is an AI-driven platform that revolutionizes the hiring process, offering an intelligent recruitment partner named BOE, which optimizes every step from crafting job descriptions to post-interview analyses.

Goyaa

Goyaa is an all-in-one platform for streamlined law office operations, providing GDPR-compliant, user-friendly, and secure solutions.

TrustLynx

Based in Estonia, TrustLynx is an API platform providing a secure and compliant solution for digital transactions, as well as flexible integration and innovative features for developers and users.

Visual Tech-Lab

Visual Tech-Lab situated in Poland is a company focused on developing a system for assessing bone density at the CBCT diagnostic stage. This startup provides precision in instant diagnosis, functionality, and ease of use for clinicians and patient satisfaction and safety.

Beeta.one

Beeta.one based in Germany is an innovative IoT platform for SMEs, offering a no-code data flow builder and an AI-powered IoT assistant.

Noctuai 

Noctuai is an AI and data science consulting company based in Poland, providing video analytics, data synthesis, and AI camera solutions for industries such as healthcare, oil & gas, industrial zones, and smart cities.

Sense Soft

Sense Soft - is an advanced platform for identifying defects in photovoltaic panels using thermal imagery. Thanks to neural networks, this solution autonomously analysis each panel and provide sophisticated reports on its performance and condition.

iBana

ibana is a platform to prevent financial fraud for companies. It analyzes planned transactions, flag suspicious ones and can automatically verify them using our technology, based on Open Banking and AI.

Modulmatik

Modulmatik allows developers to build ecologically, affordably and quickly using wooden modular construction with help of generative design and distributed manufacturing.

Money Care

Money Care builds a one-stop-shop for sustainable investing. This means a place for retail investors to do their initial research about stocks to the real execution of investing in them.

Mindset.Design

Mindset Design help young athletes to improve their mental performance with the first-ever app that combines physical with mental training.

Luchs Security

German startup which develop automated security testing suite for any IoT developer.

Lyftyfy

lyftyfy is a real-time landing page generator for search engine campaigns with up to 4 Million keywords (Google's upper limit). It is designed as a privacy focused SAAS for brands and agencies.

MachineRic

Estonian SaaS solution for heavy machinery and truck traders focusing on stock management & sales acceleration tools for used heavy machinery and commercial vehicle sales.

Soil

Estonian startup Soil is an fully regulated blockchain-based protocol that provides secure returns on stablecoins backed by Real World Assets.

Hckrt

Hackrate makes cybersecurity testing transparent by providing a crowdsourced approach for continuous security testing and the industry's first solution for controlling and monitoring ethical hacker projects.

GreenGrowth Tech

Latvian startup providing crop farmers with essential data that guides them on how to reduce fertilizer usage up to 30% and track the efficiency of sustainability practices.

Vaqat

Vaqat is a Polish startup student freelance marketplace, but the objective is to collect performance insights on future job candidates.

InkSearch

INKsearch SaaS-enabled marketplace from Poland for the tattoo industry. It simply speeds up the booking process and matching the best artists with clients around Europe.

BeeSpeaker

BeeSpeaker is a Polish-Swedish-based mobile app that provides an AI-powered immersive language learning method to boost users' ability to speak a foreign language quickly.

GaiaHub

GaiaHub - Estonian startup which makes cities smart and climate neutral. It delivers easy-to-use tailored intelligent solutions to measure and predict mobility impact to accelerate actions towards a sustainable future.

Flataway

FlatAway is a Bulgarian travel agency for digital nomads. Its flagship service is subscription living - single booking, multiple locations, fixed monthly rent of a professionally managed apartment.

GreenDrops Farm

GreenDrops Farm is engaged in the development, research and sale of innovative hydroponic systems, which provide the opportunity to produce quality, nutrient-rich plants.

DreamWaves

Dreamwaves helps blind people, urban bike riders or elderly people find their way just by following sounds with no need to look at the screen.

Compounder GmbH

Compounder GmbH is Germany-based platform for all student needs. Students from all around the world easily apply to their desired study programmes and jobs, while universities and companies receive qualified talents.

MiViA GmbH

MiViA GmbH - a German startup helping the manufacturing industy gain a deeper understanding of materials to make more informed decisions.

Mitomarin

Hungarian Mitomarin is a bio & foodtech startup focusing on nutritional mitochondrial interventions and novel food development.

WiseClean

WiseClean is an Estonian AI driven on-demand home cleaning platform, efficiently connecting verified cleaners to jobs and dynamically adjusting prices based on demand.

Squad Robotics

Squad Robotics is Latvia-based startup building the SQR Autopilot for industrial mobile robots with first use-case in the cleaning industry.

cautcurier.ro

cautcurier.ro from Romania empowers users to organise the business independent of the couriers schedule!

Biostra

Biostra is a Polish startup exceling in biowaste management, converting biowaste into Soilren fertilizer in under 7 minutes, without chemicals or high temperatures.

GRANIDA

Granida is a B2B marketplace from Slovakia for agro commodities in the CEE region. Its auctions drive the highest prices for sellers.

ATAMIQ

ATAMIQ is a Bulgarian digial B2B commerce platform for complex industrial products, solutions and services supporting the green transition of companies.

Tolgee

Tolgee is a localization platform from Czech Republic that allows users to translate an app autonomously into any human language without modifying the code.

Callirius

German Callirius connects finance and climate change mitigation via both a Fund Solution and Project Portal, bringing private capital to high-quality, nature-based climate projects.

Corbiota

Corbiota, Germany-based startup redefining industrial animal nutrition by introducing a natural solution backed by science.

PLENO

PLENO is a German digital platform that simplifies the end-to-end carbon credit creation process.

Related Posts:

TOP 100 Innovative Companies From CEE Startup Challenge VIII To Watch (by Agata Marcinek, Vestbee)

TOP 100 Innovative Companies From CEE Startup Challenge VII (by Agata Marcinek, Vestbee)

CEE Startup Challenge VII - TOP 10 Innovative Companies From Central & Eastern Europe (by Agata Marcinek, Vestbee)

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