European funding for Mentessa: Joint project with Raiffeisen-Landesbank Steiermark

Thanks to financial support from EIT Digital, Mentessa is driving forward the development of its skills agent. Using AI promises to understand and develop the skills of the workforce at Raiffeisen-Landesbank Steiermark

Munich, January 22, 2024 - Startup Mentessa, specializing in organization-based skills, announces that it has successfully received funding and support from EIT Digital, a grant program co-funded by the European Union. The funds are earmarked for a joint project with Raiffeisen-Landesbank Steiermark. The amount of the funding has not been disclosed.

We are excited to see how this project unfolds and contributes to the evolution of workplace dynamics

Diva Tommei, Chief Innovation and Education Officer EIT Digital

This strategic partnership marks a significant milestone for Mentessa and reaffirms their commitment to a cross-workplace environment and the creation of solutions that could impact the future of work. EIT Digital's support will help Mentessa to accelerate the development of its technology, particularly with regard to the intelligent skills agent. This will use AI and large language models to understand, connect and develop the skills of the workforce at Raiffeisen-Landesbank Steiermark.

The project not only promotes technological innovation, but also contributes to a more inclusive working environment.

Tina Ruseva, founder and CEO of Mentessa

The founder and CEO of Mentessa, Tina Ruseva, expressed her gratitude for the cooperation with Raiffeisen-Landesbank Steiermark and the EIT Digital ecosystem. The project will not only promote technological innovation, but also contribute to a more inclusive working environment, said Ruseva.

What does Mentessa do?

Mentessa is a skills discovery platform that enables more knowledge sharing, learning and collaboration in hybrid organizations. The Munich-based startup has been promoting a cross-workplace corporate culture since 2019 by enabling employees to learn from and work with each other. Over 5,000 people use Mentessa in various organizations and communities to find a mentor, advance their career or share their experiences. In addition to prestigious networks and media, Mentessa has also been recognized by NASDAQ for creating equal opportunities in the workplace.

EIT Digital is a leading European open innovation organization that brings together a partnership of over 350 companies, SMEs, startups, universities and research institutes. Diva Tommei, Chief Innovation and Education Officer at EIT Digital, explained that the collaboration with Mentessa supports EIT Digital's goal of fostering innovation and skills development in the European digital sector. Mentessa's application of AI for skills enhancement fits well with EIT Digital's mission to support the digital transformation and upskilling of the workforce in Europe.

The collaboration with Mentessa brings us one step closer to our strategic HR agenda.

Peter Krtschal, Head of Human Resources Management Raiffeisen-Landesbank Steiermark

Peter Krtschal, Head of HR Management at Raiffeisen-Landesbank Steiermark, emphasized the importance of the collaboration for the implementation of its strategic HR agenda. Mentessa's vision is in line with the bank's commitment to continuous learning and employee development.