SkAD Labs selected as Red Herring Top 100 Europe finalist

SkAD Labs announced today it has been selected as a finalist for Red Herring's Top 100 Europe award, a prestigious list honoring the year’s most promising private technology ventures from the European business region.

The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Europe. The nominees are evaluated on 20 main quantitative and qualitative criteria, which include disruptive impact, market footprint, proof of concept, financial performance, technology innovation, social value, quality of management, execution of strategy, and integration into their respective industries.

This unique assessment of potential is complemented by a review of the track record and standing of a company, which allows Red Herring to see past the “buzz” and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.

"This year was rewarding, beyond all expectations" said Alex Vieux, publisher and CEO of Red Herring. "There are many great companies generating really innovative and disruptive products in Europe. We had a very difficult time narrowing the pool and selecting the finalists. SkAD Labs shows great promise and therefore deserves to be among the finalists. Now we’re faced with the difficult task of selecting the Top 100 winners of Red Herring Europe. We know that the 2018 crop will grow into some amazing companies that are sure to make an impact."

Finalists for the 2018 edition of the Red Herring 100 Europe award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the months leading up to the announcement, Red Herring reviewed over 1200 companies in the telecommunications, security, cloud, software, hardware, biotech, mobile and other industries that completed their submissions to qualify for the award.

About SkAD Labs Sàrl

SkAD Labs Sàrl was incorporated in July 2016 as a spin-out from the Swiss Federal Institute of Technology (EPFL) with the objective to develop and commercially deploy a breakthrough Computer-Aided Design and Simulation software based on Medial Axis Representation™ (MAR™) technology developed within the former LICP Laboratory of EPFL. SkAD Labs is headquartered in Lausanne, Switzerland, with offices in Timișoara, Romania.

SkeletonCAx is a novel a virtual product development software promising to deliver a 50% speed up in the development process of engineering products. SkeletonCAx is an advanced, intelligent system, capable to autonomously create designs, simulate physical behavior and achieve a specific optimization goal. As a consequence, engineering product design will become as easy as running software code: With a press of one button.

Press Contact: To learn more about SkAD and SkeletonCAx follow us on Twitteror LinkedIn,or get in contact through contact@skadlabs.com