Startups in INCUBA look to growth – but also point to new challenges
The new IMPACT analysis shows that 54% expect to increase revenue, 43% expect to hire more employees, and 43% expect to improve earnings in the coming year.
This indicates continued high ambitions and companies that are ready to take the next step within the environment.
Growth requires more than technology
While expectations are high, companies also clearly point to where the challenges lie.
69% identify sales and marketing as one of the biggest challenges, while 61% point to product development.
This reflects a classic challenge for knowledge-based startups. The technology is strong, but the next phase requires translating it into market traction, customers and business.
At the same time, a new trend is emerging, with more companies increasingly experiencing product development as a barrier. This highlights the complexity of developing advanced technologies and bringing them to market in a safe and effective way.
From research to global market
One of the companies currently navigating this transition is Kvantify.
The company operates at the intersection of quantum technology and life science, developing solutions that have the potential to transform how we design new drugs. With a €7 million funding round from, among others, the European Innovation Council Fund and Delphinus Venture Capital, Kvantify has strengthened the foundation for its next phase of growth.
At the same time, the company has launched its Qrunch technology, enabling quantum chemical calculations to be performed on real quantum computers – an important step towards making advanced technology applicable in practice.
Kvantify is an example of the kind of deep tech companies that not only develop technology, but also work deliberately to bring it into use and create real value in the market.
Nikolaj Zinner & Allan Grønlund, co-founders of Kvantify
The next step requires the right conditions
When companies need to turn technology into growth, it takes more than ambition. It requires access to capital, capabilities, and the right relationships.
This is exactly where INCUBA works to strengthen the framework for the next phase of growth. Through initiatives such as INCUBA Next Level, startups, investors, and advisors are brought together in a shared environment where sparring, collaboration, and business development go hand in hand.
The IMPACT analysis shows that companies in INCUBA have both the ambition and the potential to grow. At the same time, it highlights where efforts need to be focused to help them move forward.
Even the most advanced technologies require a strong foundation to succeed.
And it is precisely in the space between ambitions and challenges that the next step is taken.
