EIT Digital

EIT Digital is a prominent European open innovation organization headquartered in Brussels, dedicated to fostering digital technology innovation and entrepreneurial talent to enhance economic growth and quality of life across Europe. Established in 2010, EIT Digital collaborates with over 130 partners, including corporations, SMEs, startups, universities, and research institutes, to accelerate the market adoption of research-based digital technologies. The organization operates co-location centers in major European cities, promoting collaboration among students, researchers, engineers, and entrepreneurs. Additionally, the EIT Digital Accelerator supports European digital technology ventures in scaling their businesses by providing tailored assistance focused on customer acquisition and capital raising. With a network of experienced business developers and technology financing specialists, the Accelerator has successfully aided numerous scaleups in accessing new markets and securing substantial investments. EIT Digital plays a vital role in driving the digitalization of society, promoting innovation across various sectors, including digital technologies, cities, industry, wellbeing, and finance.

Udo Bub

Node Director, Germany

Past deals in Internet of Things

SensoMatt

Pre Seed Round in 2022
SensoMatt is a developer of health monitoring devices aimed at addressing social health issues in alignment with the United Nations' sustainable development goals. The company specializes in creating a medical device platform that measures exerted pressure and patient movement to prevent bedsores. Utilizing sensitive hardware, SensoMatt's solutions involve sensor arrays and sensor fusion algorithms to provide real-time pressure distribution data. This technology enables the prediction of pressure ulcers and offers patients auto-generated reports through a mobile application, thereby facilitating proactive measures to avoid bedsores.

Oliveex

Pre Seed Round in 2022
Oliveex is a company that has developed an integrated IoT platform aimed at enhancing quality control in the fermentation industry. Focused initially on alcoholic beverages such as beer, wine, and spirits, the platform employs in-line sensing devices for real-time monitoring, predictive data analytics, and digital traceability. After extensive pilot testing over more than two years, Oliveex's IoT infrastructure has been operational since November 2020 and is currently being implemented in small and medium enterprises in Greece, facilitating their transition to Industry 4.0. The technology allows for high-precision data collection and includes a cloud infrastructure that supports data analysis and real-time visualization, enabling clients to improve product quality and minimize food spoilage. The company plans to expand its scope to include a broader range of fermented foods, such as dairy and plant-based products.

TNet

Series A in 2020
T.net has developed advanced industrial solutions for Smart Cities and Smart road having developed an advanced Middleware to make the IoT challenges cooperative.

VidaApp

Grant in 2020
VidaApp is actively working on producing remote and portable cardiovascular and respiratory monitoring devices that have integrated machine learning capabilities to enhance the care of vulnerable people. Target audience: Homecare and health facilities. DEVICE 1: Bio-pin Bio-Pin is a product designed to fight the Coronavirus pandemic as well as other viral or bacterial infections. The device is designed to be worn on a shirt or a T-shirt and is held by a strong magnetic grab. The small PIN has a publicity front area and an inside sensor connected to this front part with a flat and flexible cable. The Bio-pin features the following: 1. Continuous temperature monitoring 2. Contact /proximity tracing 3. Physical activity index 4. Posture and use detection DEVICE 2: STOP Pandemic Patch SP Patch is a new product designed to fight the Coronavirus pandemic as well as other viral or bacterial infections. The patch detects vital signs and performs a first analysis (pre-alarm) of variables out of range, according to the thresholds set by the doctor. The STOP Pandemic Patch features the following: 1. Measuring the oxygen level in the blood 2. Heart and respiratory rate 3. AI-powered remote auscultation 4. Cough detection 5. Continuous temperature monitoring 6. Contact /proximity tracing 7. Physical activity index 8. Posture and use detection DEVICE 3: Solar Gateway Solar Gateway is a small device 65x65x30mm designed as a Gateway between LEB devices and several types of wireless communication systems such as 2G (GPRS), EDGE, NB-IoT, LET-CAT-M (4G) and Sigfox. The Solar Gateway features the following: 1. Bluetooth//GPRS/Edge/NB-IoT/Sigfox 2. LET-CAT-M (4G) with solar energy 3. Presence and movement detection 4. Remote monitoring For more information about our products, please contact us at: info@vidaapp.com

DriveTrust

Seed Round in 2019
DriveTrust is an AI-powered dash cam with short range V2X and LTE communication capabilities. Their product uses the newest AI capable hardware for real-time object detection. The device can detect street signs, traffic lights, other cars, and pedestrians. Combined with sensor data from the accelerometer, GPS and weather data from the cloud they use the data to calculate different dimensions of driving profiles. In addition the V2X and object detection capabilities allow them to warn the driver in real-time about dangers on the road.

Rombit

Series B in 2018
Rombit BVBA, based in Antwerp, Belgium, specializes in developing software solutions and mobile applications focused on the Internet of Things (IoT) for various industries, including maritime services, port terminals, and petrochemical plants. Founded in 2012, the company aims to facilitate the digitization of the port industry and enhance operational efficiency. Rombit's offerings include BadgeControl, a web platform that streamlines people management on construction sites, allowing for automatic registration of workers and subcontractors; Techelec, which innovates the shore box industry; and smart vessel products designed for effective vessel management. Additionally, Rombit provides A-Sign, a smart city solution for managing street parking spaces and booking temporary parking. By integrating existing infrastructure with cloud services, Rombit enhances communication and operational capabilities across various sectors.

SAT4M2M

Seed Round in 2017
Sat4m2m develops a forefront IoT platform at the convergence of Space IoT and LPWA devices for disruptive and interoperable services for Industrial IoT. SAT4M2M's satellite communication network enables a worldwide IoT monitoring of fixed and moving assets in many verticals including transportation (like railways with secure, low-power sensors), energy, agriculture, infrastructure and industry 4.0. SAT4M2M's vision is to provide the preferred global backbone for all machine-2-machine communications.

Ekin Labs Ltd.

Seed Round in 2016
Ekin Labs Ltd. Is the IoT subsidiary of Radiomaze Inc. Ekin Labs Ltd. is a spinoff of Tampere University of Technology, with a unique bend of expertise in the field of Location-Based Services, Radio-Propagation, and Home Automation & Security. Ekin Labs leverages the domestic connected devices by providing value added services built on top of ambient signals and the already deployed infrastructure. Ekin Labs has unleashed a completely new ecosystem of its own, enabling innovative business models in the smart home arena.

Sensolus

Seed Round in 2016
Sensolus NV designs and develops global positioning system (GPS) trackers that allows to track non-powered assets. It offers turnkey solutions for wireless and low-power context-aware sensing. The company also provides a web based platform, Internet of things (IoT) cloud platform, and application that helps to provide real time information about assets. It serves manufacturing, waste management, cargo transport, transport and logistics, and automotive industry. The company was founded in 2013 and is based in Ghent, Belgium.

Sensefinity

Venture Round in 2016
Sensefinity is working as social machines,which provides Internet of Things for the Masses. Sensefinity offers a simple way for Small and Medium enterprises to benefit from the information acquired by their assets. Compatible sensors are already pre-integrated into the platform. This means that by turning the sensors on the data will start to flow to the platform. Data becomes immediately insights.

Watt-IS

Seed Round in 2016
Watt-IS is a data analytics startup focused on enhancing energy efficiency for households and small to medium-sized enterprises (SMEs). The company specializes in developing intelligent, self-learning data analytics tools that translate smart metering data into actionable insights. By analyzing this data, Watt-IS aims to improve customer experience and satisfaction while reducing churn rates for energy providers. Their services include finer customer segmentation and the evaluation of Demand Side Flexibility potential, allowing energy utilities and Energy Service Companies (ESCOs) to tailor specific value-added services. This innovative approach not only fosters new revenue streams for these companies but also contributes to a more efficient energy ecosystem.

Cohaerentia

Seed Round in 2016
Cohaerentia has developed an innovative diagnostic system that allows real-time monitoring of plants, machineries or civil infrastructures to improve the quality and efficiency of production processes in manufacturing industries and security in the civil sector.

Neue

Seed Round in 2015
Neue Labs is an open innovation organization focused on advancing digital technology and fostering entrepreneurial talent to stimulate economic growth and enhance quality of life. The company is transforming the development and market introduction of connected products by creating a new ecosystem that emphasizes faster, more cost-effective, and agile prototyping, development, and manufacturing of customized smart solutions. Additionally, Neue Labs specializes in sensor-based tool kits that enable the design and development of IoT applications specifically for the fashion industry. These tool kits facilitate the integration of 3D motion data monitoring devices, allowing brands and fashion houses to connect clothing, wearables, and accessories to the internet.

SEMU

Seed Round in 2015
SEMU designs devices for visually impaired and blind people that enable them to use home automation systems to make their homes safer and more efficient. By connecting to pre-existing sensors, the central device gives audio feedback, allowing blind and visually impaired people to use existing technology to secure their homes. When leaving the house, the user presses a button on the wall and is told if a window is open or an electrical appliance is on, and can turn off appliances directly from the device. Currently the growing home automation industry does not address the 280m people who are blind and visually impaired so SEMU not only helps users, it also creates a new market for partner companies.

Connode

Seed Round in 2015
Connode AB is the leading supplier in Europe of industrial wireless communication products for the Internet of Things.The Internet of Things is happening right NOW across industrial and consumer business verticals and will play a disruptive role in virtually all types of businesses, including Energy, Smart Metering, Smart Cities Manufacturing and Healthcare. Connode’s business idea is to deliver the most cost-efficient and reliable last-mile / Neighbourhood Area Networks communication products for large-scale, industry quality IoT applications.

CyberLightning

Venture Round in 2015
CyberLightning is a company focused on developing innovative solutions for the Internet of Things (IoT) within the context of Smart Cities. The company is currently working on integrating real and virtual worlds to enhance the European Union’s service portfolio and enable the control of IoT networks through mobile devices. Their platform utilizes open source and open standards technology, allowing for effective manipulation of big data through auto-generated 3D models, thereby avoiding vendor lock-in. One of their key offerings, the CyberVille™ solution, targets the energy sector, providing system integrators, utilities, and solution providers with features that enhance operations in logistics, power plants, smart grids, and home area applications. Additionally, CyberLightning's technology is adaptable and can be applied across various IoT and big data sectors, including traffic, infrastructure, and health.

Sensewaves

Seed Round in 2015
Sensewaves S.A.S. is a company based in Paris, France, that specializes in Internet of Things (IoT) sensor analytics platforms focused on energy data. Established in 2015, Sensewaves offers Adaptix, a solution that analyzes data from consumer-level smart meters, enabling grid operators to gain comprehensive visibility into energy flows and distribution stresses. Additionally, the company provides Adaptix.GRID, a platform designed for the dynamic optimization of electricity grids. Sensewaves serves a diverse clientele, including energy generation, transmission, and distribution companies, utility firms, industrial enterprises, and building management organizations. The company aims to leverage real-time energy analytics and predictive analytics powered by artificial intelligence and adaptive machine learning to promote sustainable, safe, and carbon-free energy and industrial practices.

Sentryo

Seed Round in 2015
Sentryo SAS is a cybersecurity company based in Villeurbanne, France, founded in 2014 by Laurent Hausermann and Thierry Rouquet. The company specializes in providing cybersecurity and situational awareness solutions for industrial networks and the Internet of Things. Its primary product, ICS CyberVision, offers continuous visibility into Industrial Control Systems (ICS) and SCADA infrastructures, helping corporations manage the risks associated with cyber attacks. By leveraging artificial intelligence and machine learning, Sentryo enables industrial engineers to detect vulnerabilities and anomalies in real time, thus ensuring the resilience and safety of critical operations across sectors such as utilities, energy grids, and smart cities. Sentryo operates as a subsidiary of Cisco Systems, Inc. since 2019.

Koru Lab

Seed Round in 2015
Build wearable and IOT user experiences leveraging our vast library of ready made widgets. We support design by prototyping approach where all stages from concepting to ready product use the same platform.

ICE Gateway GmbH

Venture Round in 2015
ICE Gateway GmbH, based in Berlin, Germany, specializes in the development of LED systems, sensors, and cloud-based services tailored for lighting applications. The company focuses on optimizing outdoor lighting through its wireless infrastructure, which enhances the functionality of smart cities by offering services for both pedestrians and connected devices. Its cloud-based platform allows for the remote control and maintenance of lighting systems, providing capabilities such as environmental data measurement, object counting, and traffic flow analysis. Additionally, ICE Gateway offers consulting services and develops both hardware and software for its wireless outdoor infrastructure. The company's solutions encompass various sectors, including traffic, marketing, security, logistics, parking, and tourism, alongside providing LED retrofits and advanced data analytics. Founded in 2013, ICE Gateway GmbH integrates efficient LED lamps with proprietary communication technology to support a broad range of applications.

Undagrid

Seed Round in 2015
Undagrid B.V. operates a cloud-based platform to connect devices with each other and the Internet. Its solutions are used to locate baggage carts and cargo trailers at airport aprons; provide temperature, humidity, and irrigation information in greenhouses and farmer fields; and supplies landlords of apartment blocks with boilers, heating ventilation, and air-conditioning statuses. The company was founded in 2014 and is headquartered in Zeist, the Netherlands.

Waylay

Pre Seed Round in 2015
Waylay NV is a cloud software company based in Ghent, Belgium, that specializes in an open, API-centric IoT middleware platform. Founded in 2014, Waylay enables enterprises and public sector organizations to harness the Internet of Things by connecting devices, services, IT systems, and processes. The platform facilitates the orchestration and automation of IoT solutions, allowing clients to break down silos between devices and software applications. By leveraging real-time sensor data, Waylay empowers businesses to make informed decisions and implement automation at scale. Its innovative approach is applicable across various sectors, including energy, logistics, online retail, and smart city initiatives, ultimately enhancing the efficiency and effectiveness of IoT integrations.

Athom

Seed Round in 2014
Athom develops Homey, a smart home system that integrates various wireless and smart devices into a unified platform. This system allows users to manage their entire home through a free application available for both Android and iPhone. Homey facilitates seamless communication between devices of different brands and technologies, enabling users to control lights, locks, alarm systems, and thermostats from anywhere. The application also provides notifications from sensors and doorbells, ensuring that users remain informed about their home environment. By connecting everything at home, Athom aims to enhance the convenience and efficiency of daily living.

Atooma

Seed Round in 2014
Atooma S.r.l., founded in 2012 and headquartered in Rome, Italy, with an additional office in San Francisco, develops a mobile application that serves as a unified platform for accessing various integrated web services, smartphone sensors, and smart devices. The company focuses on enabling cross-device interactions, allowing smart devices to listen to user behavior across applications and respond appropriately. Atooma offers software development kits (SDKs) tailored to various sectors of the Internet of Things (IoT) market, including automotive, home automation, wearables, and mobile devices. A key feature of their platform is a suggestion engine that utilizes big data from user behavior to propose contextual use cases that align with individual lifestyles. Atooma aims to enhance user experiences by fostering seamless integration among devices and promoting context-aware interactions in the evolving IoT landscape.

iGW

Seed Round in 2014
iGW was founded in 2011 by a team with extensive experience from embedded development and scalable cloud solutions. The company has since then attracted a number of customers within a wide range of business areas and participated in several national and European research and development projects. Their product ByteportⓇ is a scalable cloud solution for administration, visualization and data collection for embedded systems and the IoT.

LineMetrics

Seed Round in 2014
LineMetrics is an Industrial Internet of Things platform designed for small and medium enterprises, offering a comprehensive hardware and cloud solution for monitoring industrial environments. The platform provides do-it-yourself solutions for tracking machinery performance, measuring energy consumption, and recording environmental data such as temperature, humidity, and CO2 levels. LineMetrics supplies a range of sensors and devices that connect to its cloud service via dedicated communication gateways, including a specialized GSM data logger. Operating in six countries, LineMetrics helps businesses optimize their operations and reduce costs through real-time asset monitoring and analytics tools that focus on energy efficiency, production optimization, and maintenance.

Evothings

Seed Round in 2014
Evothings specializes in providing a mobile application platform designed for the Industrial Internet of Things (IIoT), allowing industrial companies and developers to efficiently create, manage, and deploy mobile IoT applications. The platform simplifies the development process by utilizing web technologies, making it accessible to developers with basic web skills. It reduces time to market, costs, and complexity, while offering a feature-rich environment. Evothings facilitates easy integration with various IIoT components through APIs that connect with a range of devices and cloud platforms, including those from Texas Instruments, Nordic Semiconductor, and Amazon AWS. The company is supported by a team of experienced entrepreneurs and engineers with expertise in business strategy, community building, and software development.

KINEXON

Seed Round in 2014
The Internet of Things (IoT) is a global major trend. It promises a future in which people and processes communicate and interact with each other fully automatically, almost as if controlled by magic. But to achieve this, we need to know the exact location and status of all relevant ​“things.” We need to connect these things. And this requires a real-time intelligence that lets everything communicate as quickly and intelligently as possible. That’s exactly what we at KINEXON do. For this purpose we offer real-time location solutions and and open edge computing platforms.

KONUX

Seed Round in 2014
KONUX GmbH, founded in 2014 and based in Munich, Germany, develops Industrial Internet of Things (IIoT) solutions that integrate smart sensor systems with artificial intelligence analytics. The company specializes in enhancing railway operations, offering a range of services including switch monitoring, asset monitoring, rolling stock monitoring, anomaly detection, and predictive maintenance. KONUX's solutions enable real-time monitoring of infrastructure conditions and improve operational efficiency, capacity, and reliability in railway and industrial applications. The company has attracted significant investment, raising over $50 million and expanding its presence across Europe and Asia. Recognized by the World Economic Forum as one of the world's most innovative start-ups, KONUX is committed to transforming railway mobility for a sustainable future.

Oledcomm

Seed Round in 2014
Oledcomm S.A.S. is a company based in Paris, France, that specializes in the design and manufacture of Li-Fi (light fidelity) network interface devices, which facilitate high-speed wireless data communication. Established in 2005, Oledcomm offers a range of products including Li-Fi routers, hubs, switches, and accessories tailored for various applications such as indoor location services, Internet of Things connectivity, and communication in sectors like telecom, datacom, personal electronics, and industrial markets. Their product lineup includes the GEOLiFi LED router and LiFiNET routers, along with development kits and the LiFiCLOUD platform. Oledcomm's solutions cater to diverse environments including museums, retail spaces, hospitals, offices, and smart cities, emphasizing environmentally friendly wireless communication.

HitSeed

Seed Round in 2014
HitSeed is a Finnish company founded in 2012, specializing in the development of connected products and innovative business solutions. The company aims to transform how organizations of all sizes create new products by leveraging Internet of Things (IoT) technology, digitalization, and collaborative work methods. Founded by experienced professionals in both industry and startups, HitSeed has a proven track record that includes significant mergers and acquisitions, the establishment of over 25 companies, and partnerships with more than 50 leading firms globally. HitSeed has successfully executed various business and technology projects, creating numerous products tailored to the needs of diverse clients. Their platforms, Seedling and SeedNode, facilitate the development of commercial-scale connected products for IoT and wearables, thereby enhancing efficiency and innovation in product development.

Casambi

Seed Round in 2014
Casambi, founded in 2011 by Timo Pakkala and Jani Lehtimäki, specializes in wireless lighting control systems that leverage Bluetooth Low Energy technology. The company aims to transform how individuals and businesses manage lighting in their environments. Its solutions can be integrated into various lighting installations, ranging from individual fixtures to large-scale industrial applications. Casambi's offerings include cloud-based remote control, monitoring, and data logging, providing designers and manufacturers with a comprehensive end-to-end wireless lighting system. The founders' extensive experience in innovative software development, particularly from their time at Nokia and other startups, underpins Casambi's mission to enhance the interaction between technology and everyday objects.

LineMetrics

Seed Round in 2014
LineMetrics is an Industrial Internet of Things platform designed for small and medium enterprises, offering a comprehensive hardware and cloud solution for monitoring industrial environments. The platform provides do-it-yourself solutions for tracking machinery performance, measuring energy consumption, and recording environmental data such as temperature, humidity, and CO2 levels. LineMetrics supplies a range of sensors and devices that connect to its cloud service via dedicated communication gateways, including a specialized GSM data logger. Operating in six countries, LineMetrics helps businesses optimize their operations and reduce costs through real-time asset monitoring and analytics tools that focus on energy efficiency, production optimization, and maintenance.

ELL-I

Seed Round in 2014
ELL-i is an Open Source hardware and software platform for intelligent Power-over-Ethernet (PoE) devices. ELL-i provides both makers and professionals with open source software, schematics, layouts, and instructions for designing and building PoE-powered, intelligent, wire line-communicating devices. An ELL-i Power-over-Ethernet node provides electrical power, distributed applications, and Ethernet communications at an affordable price and easy-to-install form factor, thereby allowing a new class of fixed and embedded devices, such as LED lights, active loudspeakers, safety systems, sensors, and actuators.

InterCloud

Seed Round in 2013
InterCloud SAS specializes in providing cloud computing connectivity services tailored for various platforms, including SaaS, PaaS, and IaaS. The company operates its own private global network, offering secure and efficient end-to-end links between organizations and their cloud service providers. One of its flagship services, CloudGate, facilitates private Ethernet connectivity, enabling clients to connect with application providers seamlessly. InterCloud also offers consulting services to assist businesses in migrating to the cloud and optimizing their existing cloud infrastructure. Its clientele includes major technology firms such as Amazon Web Services, Microsoft, Google Cloud, and Salesforce, among others. Founded in 2010 and headquartered in Paris, France, with additional offices in Madrid and London, InterCloud has established itself as a leader in Software-Defined Interconnectivity in Europe, helping organizations enhance their cloud connectivity while addressing security and compliance challenges.

Plug&Wear Srl

Seed Round in 2013
Plug&Wear Srl is a company with over 65 years of expertise in the textile industry, specializing in the development and manufacturing of electronic textiles. Based in Florence, Italy, the company combines traditional Italian textile craftsmanship with modern innovation and research. Since 2000, Plug&Wear has focused on knitted electronics, producing a range of products that includes textile sensors and pressure mapping systems. The company takes pride in designing and building 95% of its machines in-house, utilizing proprietary technologies to ensure high-quality manufacturing standards.
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