2024-03-14 09:35Press release

SmiLe Recognized as One of Europe’s Leading Startup Hubs 2024

March 14, Lund, Sweden - SmiLe, a Swedish life science venture hub, is one of the startup hubs included on the "Europe’s Leading Start-up Hubs 2024" awards list by Financial Times and Statista. The awards list is an initiative aimed at highlighting incubation and acceleration programs that significantly contribute to the success of startups across Europe.

Amongst 2000 organizations invited to participate, SmiLe was awarded as one of the 125 hubs with the highest score, affirming its position as a key player in the startup ecosystem. The assessment criteria included alumni feedback and expert recommendations. In addition, the hub’s most successful startups were examined.

"We're honored by this recognition. SmiLe has supported well over 100 companies through our incubator program, and our evolution into a venture hub covering all entrepreneurial stages speaks to our ongoing commitment to help life science startups develop and commercialize their innovations. As the main criteria in the evaluation process was the alumni feedback, this award is truly a testament to the quality of our work,” says Ebba Fåhraeus, CEO of SmiLe.

SmiLe’s dedication to nurturing life science innovation and supporting startups and early-stage entrepreneurs has been instrumental in earning this recognition. Since the start, SmiLe has supported 110 entrepreneurs in commercializing their business ideas through its incubator program and together these companies have attracted more than EUR 841million in venture capital since 2014. To date, 21 of SmiLe´s companies have launched an IPO.

For the complete list, click here: https://rankings.ft.com/incubator-accelerator-programmes-europe/c/ranking

For further information, please contact:

Ebba Fåhraeus, CEO, SmiLe, phone: +46 73 400 04 33

About SmiLe Venture Hub – Pioneering Life Science Innovations

SmiLe is a life science venture hub based in Medicon Village in Lund, Sweden. SmiLe offers business coaching, a broad international industry and investor network, and a unique laboratory infrastructure with state-of-the art instrumentation. Since the start, SmiLe has helped 110 entrepreneurs commercialize their business ideas. Currently there are some 30 companies in SmiLe´s incubator program which, together with alumni companies, have attracted more than EUR 841 million in venture capital since 2014. To date, 21 of SmiLe´s companies have launched an IPO. SmiLe is a non-profit organization and receives basic funding from Region Skåne, Lund Municipality, Lund University and Medicon Village. SmiLe´s sponsors are Agilent, Sparbanken Skåne, Høiberg, Magle Chemoswed, Merck, Setterwalls, Zacco, Phase Holographic Imaging and ChemoMetec. www.smileincubator.life