European Innovation Council

The EIC pilot supports top-class innovators, entrepreneurs, small companies and scientists with bright ideas and the ambition to scale up internationally. It brings together the parts of Horizon 2020 that provide funding, advice and networking opportunities for those at cutting edge of innovation.

David Malo Jean

Director

Past deals in Wood Processing

Modvion

Convertible Note in 2023
Modvion AB, founded in 2015 and based in Gothenburg, Sweden, specializes in the design and development of modular wind power towers constructed from renewable composite materials. The company's innovative modular technology simplifies construction logistics by facilitating transportation and installation of towers over 120 meters tall. This approach not only reduces costs associated with traditional steel tower construction but also enhances efficiency in harnessing wind energy. By leveraging engineered wood products, Modvion aims to improve the economic viability of wind power investments for power plant construction businesses, ultimately contributing to a more sustainable energy landscape.

Releaf bags

Venture Round in 2022
Releaf Paper is a producer of sustainable paper products from fallen leaves. They work on the task of finding a solution to achieve sustainability in the production of paper using new raw materials - fallen leaves, instead of wood.

Paptic

Grant in 2022
Paptic is a manufacturing company based in Espoo, Finland, established in April 2015. The company specializes in creating wood-based products that replace traditional paper and plastic, addressing the global challenge of plastic waste. Paptic's innovative bags combine the renewability and recyclability of paper with the functional benefits of plastics, providing a sustainable alternative for consumers and businesses. With a small team of ten employees, Paptic aims to contribute to a more sustainable environment while meeting the everyday needs of customers for plastic bags.

Paptic

Venture Round in 2022
Paptic is a manufacturing company based in Espoo, Finland, established in April 2015. The company specializes in creating wood-based products that replace traditional paper and plastic, addressing the global challenge of plastic waste. Paptic's innovative bags combine the renewability and recyclability of paper with the functional benefits of plastics, providing a sustainable alternative for consumers and businesses. With a small team of ten employees, Paptic aims to contribute to a more sustainable environment while meeting the everyday needs of customers for plastic bags.

Gr3n

Grant in 2022
Gr3n invented a new process which allows for the first time to recycle PET bottles/food containers chemically in a profitable way. Gr3n developed an innovative process, based on a new application of microwave technology to a well known chemical reaction which provides for the first time with an economically efficient chemical recycling process of PET (Polyethylene Terephtalate) and allows an industrial implementation of this recycling method. This new process can potentially change how PET is recycled worldwide with a huge financial benefit for the recycling industry.

DePoly

Grant in 2022
DePoly is a spin off out of the LSMO lab at EPFL- Valais that has developed a novel technology allowing for the chemical recycling of PET plastic back to its main two components ethylene glycol (EG) and terephthalic acid (TPA). Our approach turns low valued materials (PET waste) into high-valued chemicals like TPA creating a circular economy. We expect this process to generate revenue from chemically recycling PET to TPA/EG, which can be sold back to industry to make new virgin PET plastic and allowing for a sustainable source of TPA and EG on the market.

CH-Bioforce

Venture Round in 2022
CH-Bioforce provides a revolutionary technology for converting all biomass components into high-value material streams - dissolving pulp, polymeric hemicellulose, and sulphur-free lignin. These valuable biomaterials can replace fossil and food-based raw materials in multiple industries, such as textiles and packaging applications.
Bloom Biorenewables Ltd is a company focused on developing innovative technology to convert wood and agricultural waste into renewable materials that can replace petroleum-based products. Incorporated in 2019 and based in Marly, Switzerland, the company aims to provide sustainable alternatives for various industries, including chemicals, fragrances, plastics, and textiles. By employing a biomass deconstruction technology platform, Bloom Biorenewables offers a cost-effective method to extract bio-based molecules from plant materials. This approach not only helps customers reduce their reliance on fossil fuels but also contributes to efforts in mitigating climate change by lowering carbon footprints and supporting the transition to a circular economy.

Headmade Materials

Series A in 2022
Headmade Materials GmbH, founded in 2019 and based in Würzburg, Germany, specializes in developing materials and processes for metal 3D printing, specifically through its Cold Metal Fusion technology. The company focuses on the production of serial metal parts, offering services that include part design, small-scale series production, and process consulting. By providing standard and customized feedstocks, Headmade Materials aims to enhance component output and streamline post-processing. Their expertise supports additive-compatible design and reliable production processes, enabling clients to manufacture advanced printed metal parts in a cost-effective manner.

Headmade Materials

Grant in 2022
Headmade Materials GmbH, founded in 2019 and based in Würzburg, Germany, specializes in developing materials and processes for metal 3D printing, specifically through its Cold Metal Fusion technology. The company focuses on the production of serial metal parts, offering services that include part design, small-scale series production, and process consulting. By providing standard and customized feedstocks, Headmade Materials aims to enhance component output and streamline post-processing. Their expertise supports additive-compatible design and reliable production processes, enabling clients to manufacture advanced printed metal parts in a cost-effective manner.

Traceless

Seed Round in 2021
Provider of advanced materials intended to produce bioplastic film, plastics, and coatings from agriculture residues. The company's technology uses food production residues to produce materials that are compostable under natural composting conditions and provides a marketable product from agricultural residues such as starch or brewery residues as a raw material for home compostable, harmless for the environment and humans, enabling the society to get rid of the plastic materials that lead to serious environmental, marine pollution and lower carbon emissions.

Traceless

Grant in 2021
Provider of advanced materials intended to produce bioplastic film, plastics, and coatings from agriculture residues. The company's technology uses food production residues to produce materials that are compostable under natural composting conditions and provides a marketable product from agricultural residues such as starch or brewery residues as a raw material for home compostable, harmless for the environment and humans, enabling the society to get rid of the plastic materials that lead to serious environmental, marine pollution and lower carbon emissions.
Producer of food ingredients intended to provide upcycled ingredients for nutrition. The company's fermentation platform transforms wasted fruit and vegetable by-products into low-carb flour with improved nutritional value and functionality, enabling clients to get flour that is high in protein and dietary fiber, while being low in starch, sugars, and fats.

Risutec

Venture Round in 2021
Risutec provides solutions for improving forest and agricultural planting and maintenance.

Woodio

Venture Round in 2021
Woodio Oy is a Finnish company that specializes in designing and manufacturing innovative bathroom products, including washbasins, sinks, and tiles, using a proprietary waterproof wood composite material made from real wood chips. Founded in 2015 and headquartered in Helsinki, Woodio focuses on advanced wood-based materials development, offering a range of customizable design options for modern bathrooms. The company's products are sold through its own showroom as well as through constructors and distributors across Europe. Woodio emphasizes sustainability by utilizing fully recyclable biomaterials, promoting environmentally friendly solutions in bathroom design.

TomaPaint

Venture Round in 2020
TomaPaint specializes in the production of bio-resins derived from by-products of industrial tomato processing. The company focuses on creating an organic-based lacquer designed for use in food packaging, particularly for the internal coating of food cans. This innovative lacquer serves as an ecological alternative to traditional synthetic petrochemical-based resins, aiming to transform the metal food packaging industry. By utilizing waste recycling and cutin extraction, TomaPaint contributes to significant environmental and health benefits, enabling industries to lower carbon emissions and minimize the use of hazardous chemicals.

Woodio

Grant in 2020
Woodio Oy is a Finnish company that specializes in designing and manufacturing innovative bathroom products, including washbasins, sinks, and tiles, using a proprietary waterproof wood composite material made from real wood chips. Founded in 2015 and headquartered in Helsinki, Woodio focuses on advanced wood-based materials development, offering a range of customizable design options for modern bathrooms. The company's products are sold through its own showroom as well as through constructors and distributors across Europe. Woodio emphasizes sustainability by utilizing fully recyclable biomaterials, promoting environmentally friendly solutions in bathroom design.

Wimao

Venture Round in 2019
Wimao is passionate about ecological composites. Their operations are based on patented technology. They work to promote a circular economy and to find new ways of utilizing recycled raw materials and industrial side streams. Their company was established in 2016 to commercialize the patented production technology. In 2018, after careful product and process development, their first production plant became operational in the Kukkuroinmäki area in Lappeenranta, where they also work in close collaboration with (waste management company) Etelä-Karjalan Jätehuolto Oy.

Wimao

Grant in 2019
Wimao is passionate about ecological composites. Their operations are based on patented technology. They work to promote a circular economy and to find new ways of utilizing recycled raw materials and industrial side streams. Their company was established in 2016 to commercialize the patented production technology. In 2018, after careful product and process development, their first production plant became operational in the Kukkuroinmäki area in Lappeenranta, where they also work in close collaboration with (waste management company) Etelä-Karjalan Jätehuolto Oy.

Antofénol

Series A in 2019
Antofénol is a post-harvest biocontrol company focused on reducing losses in agricultural produce, particularly in viticulture. The company specializes in the ecological eco-extraction of plant matter, utilizing innovative techniques such as microwaves, ultrasonics, vacuum, and mixing to develop tailored chemical compositions. Antofénol offers services that include eco-extraction, anti-fungal testing, and biochemical characterization, allowing harvesters to effectively protect fruits and vegetables from fungal and mold infestations. Through its approach, Antofénol aims to valorize viticultural waste while promoting sustainable agricultural practices.
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