European Innovation Council

Established in 2020, the European Innovation Council supports innovative startups and researchers with promising ideas, focusing on early-stage companies with positive environmental, social, or governance impacts. It co-invests alongside private investors.

David Malo Jean

Director

Past deals in Fuel Cell

Wavefoil

Venture Round in 2020
Wavefoil is a company that specializes in innovative retractable bow foil technology aimed at enhancing the performance of marine vessels. Its products are designed to reduce fuel consumption and minimize ship motions in waves, thereby improving overall efficiency. The foils incorporate a smart retraction mechanism and utilize lightweight yet durable composite materials, which allow for effective lift generation as the vessel navigates through turbulent waters. By providing a solution that facilitates wave propulsion, Wavefoil enables clients to optimize their marine operations while addressing environmental sustainability concerns.

Wavefoil

Grant in 2020
Wavefoil is a company that specializes in innovative retractable bow foil technology aimed at enhancing the performance of marine vessels. Its products are designed to reduce fuel consumption and minimize ship motions in waves, thereby improving overall efficiency. The foils incorporate a smart retraction mechanism and utilize lightweight yet durable composite materials, which allow for effective lift generation as the vessel navigates through turbulent waters. By providing a solution that facilitates wave propulsion, Wavefoil enables clients to optimize their marine operations while addressing environmental sustainability concerns.

Altar

Venture Round in 2020
Altar is a biotechnology company that develops automated fluidics and automated cultivation devices to enhance microbial performance for commercial applications. Its proprietary technologies enable continuous, contamination-free proliferation of microbial cell suspensions and leverage natural selection through counter-selection of biofilms to improve organism performance over time. The company serves industries that produce food, feed, flavors and fragrances, cosmetics, fuels, chemicals, and health products.

Altar

Grant in 2020
Altar is a biotechnology company that develops automated fluidics and automated cultivation devices to enhance microbial performance for commercial applications. Its proprietary technologies enable continuous, contamination-free proliferation of microbial cell suspensions and leverage natural selection through counter-selection of biofilms to improve organism performance over time. The company serves industries that produce food, feed, flavors and fragrances, cosmetics, fuels, chemicals, and health products.
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