EASME

EASME is a European Union executive agency that supports small and medium-sized enterprises and promotes innovation in Europe. It manages projects in the areas of small and medium-sized enterprises, as well as the environment, energy, and maritime sectors, funded by COSME, LIFE, and EMFF. EASME organizes the European Sustainable Energy Week and serves industries such as environmental management, energy production, and maritime activities.

Kristalina Georgieva

Vice President

Past deals in Cental and Eastern Europe

Billon

Grant in 2019
Billon Group Ltd is a fintech company based in London, United Kingdom, specializing in micropayment and corporate e-money solutions. Founded in 2012, the company has developed a proprietary distributed ledger technology (DLT) that digitizes national currencies and enables the secure storage of encrypted documents on-chain. Billon's platform is tailored for regulated institutional use, allowing for near real-time settlement of both domestic and cross-border payments. The technology combines identity, money, and data while ensuring full compliance with regulatory standards for financial transactions and document applications. By partnering with enterprise customers, Billon provides customizable DLT-based solutions through reusable modules and APIs, facilitating rapid deployment. The company is also registered as an e-money issuer in the UK and Poland, allowing banks to utilize its system for issuing and redeeming digital cash while maintaining legal validation for each transaction.

Neuro Device Group

Grant in 2019
Neuro Device Group S.A., founded in 2008 and based in Warsaw, Poland, specializes in the development and manufacturing of medical devices aimed at addressing neurological disorders. The company's key products include the Neuro Device Camri, a recording camera for diagnostics within MRI scanners; the Neuro Device Scent, which assesses human neuronal responses to scents; and the Neuro Device Tacti, a stimulator used for identifying brain sensory motor areas during preoperative fMRI diagnostics. In addition to its proprietary devices, the company distributes a range of neurological products from leading manufacturers in various fields, including eye tracking, rehabilitation, and virtual reality. Neuro Device Group is committed to enhancing neurological research and improving health outcomes through innovative technology.

MyCol

Grant in 2019
MyCol d.o.o. is a women-owned start-up established in March 2017 by researchers specializing in materials science, chemical and graphic technology, and environmental science. The company was formed as part of a research initiative on chromogenic materials at the National Institute of Chemistry in Ljubljana, Slovenia. MyCol focuses on developing innovative solutions for visual temperature control through smart labels made from temperature-sensitive chromogenic materials. These labels change color when a specific temperature threshold is exceeded, providing a clear visual signal without the need for electric power or IT infrastructure. The products can be customized in various designs and are suitable for both reversible and irreversible temperature monitoring. MyCol aims to assist clients by offering unique temperature indicators that enhance safety and control in various applications.

Usersnap

Grant in 2019
Usersnap GmbH is a company based in Perg, Austria, that offers a web-based feedback platform designed to enhance communication within web projects. The platform facilitates the exchange of visual and annotated feedback among developers, customers, and quality assurance engineers, thereby bridging the communication gap between these parties. Usersnap's tools enable software companies, including those in the SaaS sector, to collect actionable user feedback through various channels such as NPS, CSAT, feature requests, and quality assurance. By streamlining the process of gathering and managing customer preferences and bug reports, Usersnap helps clients improve their products and services, ultimately fostering better customer engagement and satisfaction. The company also has offline locations in the United States and the Czech Republic.

Euromobilita sro

Grant in 2019
EUROMOBILITA s.r.o. (EUMO) is a Czech High Tech Company and specialist for Dissemination in European projects on behalf of the European Commission.

Akkucomp Hungary

Grant in 2019
Akkucomp Hungary Ltd is an experienced IoT developer company located in Budapest, Hungary, founded in 2011. They have two branches: battery technologies and advanced PCB design for IoT applications. We are a key IoT developer and consultant for IoT market leaders as T-Systems, Hungarian Telekom Plc (part of Deutsche Telekom), and we develop IoT solutions for other corporations in agriculture, utility services and logistics.

Borza Terjatev

Grant in 2019
Borza terjatev operates a peer-to-peer financing market in Slovenia and Croatia, focused on facilitating online working capital finance for small and medium-sized enterprises (SMEs). The company has developed a mutual financing platform that simplifies peer-to-peer lending and invoice financing through process automation. By syndicating auctions in real time, the platform allows investors to access a diversified and liquid portfolio of SME exposure. Additionally, Borza terjatev provides essential services that enable clients to easily sell or trade their receivables, thereby promoting efficient capital flow and investment opportunities in the region.

Arteries Studio

Grant in 2019
Arteries Studio Kft. is a Budapest-based firm established in 2003 that specializes in the development of web and mobile applications for businesses in Hungary. The company's web development services encompass the creation of websites, webshops, online software, and Odoo ERP systems. In mobile application development, Arteries Studio focuses on platforms such as iOS, Android, and wearable devices, including smartwatches and Google Glass. Additionally, the company offers graphic design services, which include corporate identity, desktop publishing design, and 3D modeling. Arteries Studio also provides storage and hosting solutions, along with online invoice payment services. Over the years, the studio has collaborated with notable clients, including Unilever, KPMG, NATO, and Bosch, and has increasingly concentrated on creating business applications and health-related web solutions, often integrating external hardware and smart sensors in partnership with manufacturers.

CRUINT

Grant in 2018
CRU network has been providing clinical research services to the pharmaceutical industry for over a decade and basic/academic research services since 2015. In the recent years next to the research activities many new healthcare services were initiated within the EU and in South-East Asia. CRU sites are located in Hungary, Ukraine, Germany, Vietnam and LAO PDR.

Uniraja

Grant in 2018
Uniraja is a technology company based in Tallinn, Estonia, focused on developing innovative products that leverage IoT meshing and sensor technology. The company has made significant strides in the smartphone market with its myorigo mydevice, which was considered revolutionary at its launch and has received extensive coverage in various publications. In addition to smartphones, Uniraja produces a range of technology products, including wireless game controllers and last resort communication systems, aiming to enhance connectivity and user experience across multiple platforms.

Lovely

Grant in 2018
Lovely Inc. is a company based in Poland that specializes in the development of a wearable sex toy and an accompanying tracker application. The product is designed to monitor performance and enhance the sexual experiences of couples by learning their preferences. To ensure the effectiveness of its offerings, Lovely collaborated with esteemed sexologists from both the United States and Europe in the creation of its products. Through this innovative approach, Lovely aims to help couples improve their intimacy and enjoyment in their relationships.

UBIK Solutions

Grant in 2018
UBIK Solutions is a technology company based in Tallinn, Estonia, founded in 2011, that focuses on providing innovative solutions for the sustainable energy sector. The company specializes in developing micro and string inverters for photovoltaic systems, which facilitate efficient power conversion and renewable energy management. By integrating the advantages of microinverters and power optimizers into a single device, UBIK Solutions makes solar energy more accessible and manageable. Their mission is to promote the use of renewable energy and contribute to a sustainable energy economy, ultimately aiding efforts to combat global warming. Through their smart, simple, and affordable technologies, UBIK Solutions aims to empower individuals and organizations in their pursuit of distributed energy projects.

Organochem

Grant in 2018
Organochem is an international science-based chemical company headquartered in Hungary, specializing in the development of chemical reagents and intermediates for the pharmaceutical, biotechnology, and agrochemical sectors. The company provides a range of products, including building blocks, focused libraries, fragment-based libraries, and custom synthesis and process research services. With a dedicated team that emphasizes exceptional customer service, Organochem efficiently addresses client inquiries and needs. Leveraging modern information and communication technology, the company maintains a flexible and responsive business model aimed at enhancing clients' development processes. Its combination of scientific expertise, cost-effective operations, and robust production capabilities positions Organochem as a preferred partner for outsourcing various discovery and development projects.

Archimedes - UDSS

Grant in 2018
Archimedes – UDSS is a Bulgarian startup willing and able to change the very way irrigated farming is done. Underlying our ambition is the unique watering management technology we have at hand: IrriGATE. We are decided to transform it into a viable AgTech solution and make it available to every single farmer growing irrigated crops. Our team strength lies in the mix of scientific excellence, software expertise, management experience and strong belief in the business prospects of our development.

Sea Harmony

Grant in 2018
Sea Harmony creating farms designed to restore rather than deplete marine life. We are a handful of innovators working to create and perfect a new type of artificial Midi Rifes, entirely created and invented in Bulgaria.

Cyberus Labs

Grant in 2018
Cyberus Labs specializes in cybersecurity solutions aimed at eliminating the root causes of cyber threats rather than merely responding to them. The company integrates advanced technology developed in Silicon Valley with the expertise of Polish engineers who possess extensive international experience in modern technologies and security systems. Their offerings include an enterprise cybersecurity platform featuring a multi-platform identification tool that facilitates password-less user authentication, significantly reducing risks related to phishing attacks, identity theft, and data breaches. Cyberus Labs serves a diverse clientele, including businesses, institutions, and state agencies across Silicon Valley and Europe, providing tailored solutions that meet both technological and legal requirements.

RebelRoam

Grant in 2018
RebelRoam is an Estonian start-up focused on enhancing internet connectivity for the transportation sector. The company aims to provide high-quality Wi-Fi access globally, with a mission to become a leading specialized internet service provider. Its flagship product, RebelRocket, is a cloud-based solution that optimizes mobile and satellite data traffic for onboard passenger Wi-Fi in various transportation vehicles, including buses, trains, and cruise ships. By filtering, shaping, and accelerating data traffic, RebelRoam enhances the onboard Wi-Fi experience without requiring transportation providers to modify their existing network infrastructure. The service is currently utilized in over 4,000 vehicles across Europe and North America, significantly improving the quality of internet access for passengers.

Integro-SD

Grant in 2018
Integro-SD specializes in the production of organic fertilizers and, as a derivative, on renewable energy sources. The company is a part of MacHOUSE Holding (Ukraine). The company Integro tries to popularize, develop, and maintain the culture of waste processing and production of renewable energy sources for the benefit of the nation. In 2011, the company Integro mastered the technological process of sustainable anaerobic processing of pure chicken manure with no additives and chemical treatment using reactors of its own manufacture. The company Integro is the author of the original BGU design. In 2012, Integro built the first mobile biogas unit (experimental version) for processing 100 per cent pure chicken manure. In 2014, Integro finished the construction of biogas plant in Kyiv region, Ukraine for processing 1 ton of pure chicken manure per day. Biogas plants by Integro's technology solve the problem of utilization of poultry plants' waste and other agricultural waste due to flexibility of technological process. Biohumus produced in our biogas plant can create the fertile soil layer from the scratch or restore exhausted soil. It is 100 per cent organic and contains no chemicals or other additives. Biohumus is produced from pure chicken manure.

DiGas Group

Grant in 2017
DiGas, founded in 2012 and based in Riga, Latvia, specializes in advanced dual fuel technology for high horsepower diesel engine applications, particularly in locomotives. The company has developed a leading dual-fuel solution that offers performance comparable to traditional diesel engines while providing significant cost savings and reducing carbon dioxide emissions with minimal particulate output. DiGas serves clients in various sectors, including transportation and energy, by offering a range of services such as feasibility studies, commercial proposals, detailed technical projects, and after-sale support. The company's commitment to addressing client needs has fostered long-term partnerships and established a reputation for high-quality customer service and training in dual-fuel systems.

Rubedo Sistemos

Grant in 2017
Rubedo Sistemos, based in Kaunas, Lithuania, specializes in the design and manufacture of self-driving robots and process control solutions for various industrial applications. Founded in 2009, the company develops 3D visual perception and navigation technologies tailored for free-ranging, vision-guided robotics, serving sectors such as manufacturing, material handling, and healthcare. Among its notable offerings is the VIPERTM system, which enhances visual perception for robots and industrial vehicles. Rubedo Sistemos is recognized for its innovative solutions, including a FDA-compliant robotic system specifically designed for precise tumor targeting in image-guided radiation therapy, collaborating with leading medical device manufacturers.

Protobios

Grant in 2017
Protobios is an Estonian biotechnology company that develops technologies in the field of cell biology and immunology.

reNEW Technologies

Grant in 2017
reNEW Technologies is a company that transforms biosolids into valuable products. It uses a patented two-step process to ferment and extract volatile fatty acids (VFA) and nutrients (NPK) from biosolids. The VFA is used to produce acetic acid, a key ingredient in cleaning agents, while the NPK forms a liquid fertilizer rich in humic acid. This process not only recovers useful products but also reduces the volume of biosolids by nearly half. Incubated within UTB Envirotec, a global wastewater and biosolids treatment engineering firm, reNEW Technologies was established in 2015 to commercialize this innovative technology. It operates as a private company, with locations in the UK and Hungary.

Torqway

Grant in 2017
Torqway, established in 2014 in Toruń, Poland, specializes in innovative personal mobility devices. Its flagship product, the Torqway Sport, is a four-wheeled vehicle that features a platform and two levers, allowing users to engage in physical exercise by utilizing their upper body strength. The unique mechanism converts the swinging motion of the levers into rotational movement of the wheels, promoting a type of exercise referred to as "nordic riding," akin to Nordic skiing. This device has garnered recognition at various fairs and invention contests worldwide for its innovative design and benefits in fitness and wellness. Torqway is currently developing the Torqway Hybrid, an enhanced version that incorporates electric engine support alongside its patented manual drive mechanism. This new model aims to assist users in overcoming common mobility challenges while encouraging fitness, particularly as societies age and seek ways to maintain health and well-being.

Billon

Venture Round in 2017
Billon Group Ltd is a fintech company based in London, United Kingdom, specializing in micropayment and corporate e-money solutions. Founded in 2012, the company has developed a proprietary distributed ledger technology (DLT) that digitizes national currencies and enables the secure storage of encrypted documents on-chain. Billon's platform is tailored for regulated institutional use, allowing for near real-time settlement of both domestic and cross-border payments. The technology combines identity, money, and data while ensuring full compliance with regulatory standards for financial transactions and document applications. By partnering with enterprise customers, Billon provides customizable DLT-based solutions through reusable modules and APIs, facilitating rapid deployment. The company is also registered as an e-money issuer in the UK and Poland, allowing banks to utilize its system for issuing and redeeming digital cash while maintaining legal validation for each transaction.

NanoAvionics

Grant in 2017
NanoAvionics is a manufacturer and integrator of small satellite bus systems, with operations in the US, UK, and Lithuania. The company specializes in providing end-to-end small satellite solutions tailored for both single missions and larger constellations. Its offerings include a commercial-grade satellite platform that integrates essential components such as flight computers, attitude determination and control systems (ADCS), communication subsystems, and propulsion systems based on non-toxic mono-propellants. This modular approach not only enhances the functionality of small satellites but also optimizes hardware, launch, and operational costs. With a core engineering team that boasts over 85 successful satellite missions and projects, NanoAvionics aims to deliver economic viability for a diverse range of satellite missions across various sectors globally.

Saftra Photonics

Grant in 2017
Saftra Photonics is a Slovak high-tech company established as a spin-off from the P. J. Safarik University, Kosice, Slovakia in 2014. The development and the business strategies of the company are based on the research activities of the group led by prof. Pavol Miskovsky, the head of the Center for Interdisciplinary Biosciences at the P. J. Safarik University, mainly in the fields of photonics and biomedical research. The mission of SAFTRA Photonics lies in providing a wide range of market driven research and development activities in the field of (nano)photonics science and technology transfer primarily focused on testing, analyses and controlling processes applied in medicine, environment, and cultural heritage.

BiotaTec

Grant in 2017
BiotaTec specializes in developing nature-based bioleaching technology that offers an environmentally friendly and cost-effective approach to extracting metals and producing methane gas from low-grade ores. The company is notable for being the first in Estonia to win a public procurement for a research and development project focused on the bioleaching of Graptolite-Argillite, a significant achievement since the country regained independence in 1991. BiotaTec's solutions are designed for mining, metallurgy, recycling, and energy sectors, enabling clients to efficiently recover critical raw materials from various sources, including waste, end-of-life magnets, electronic waste, and tailings. The company's technology is characterized by low energy requirements and small or negative greenhouse gas emissions, supporting the transition to renewable energy while minimizing environmental impacts.

Appscend

Grant in 2017
Appscend is a Romanian mobile application platform that specializes in rapid multiplatform app development, deployment, and lifecycle management. The company offers a range of mobile app marketing tools, industry solutions, and professional services. Appscend's platform enables integration with third-party services such as YouTube, Google Maps, and Facebook, while also providing analytics through services like Flurry and Google Analytics. It features a cloud-based content management system and tools for monetization and in-app social monitoring. With approximately 550,000 users and 2,500 customers, Appscend has published around 300 apps on the Apple App Store and has 3,500 applications in various stages of development. Founded by Andrei Marinescu, Gabriel Dobocan, and Sebastian Vaduva, the company launched in Bucharest and has garnered recognition, including being a finalist in Intel's 2012 International Business Challenge.

Albacomp

Grant in 2017
Albacomp is an IT solution provider. Besides of being a major system builder, Albacomp has grown to be one of the biggest system integrator of Hungary with a consulting business department, a country wide service network and with competencies which enable us to plan, build and support complex IT solutions according to our customers' needs in the 21st century. Albacomp was created for delivering high quality manufacturing, assembly and design services to its domestic and European customers operating in medical, industrial, automotive electronics, security and communication technology fields.

ReLaDe

Grant in 2017
ReLaDe is an Estonian small and medium-sized enterprise that specializes in developing a reusable laundry washing system utilizing innovative enzymes. This technology aims to replace traditional hazardous detergents, introducing a significant advancement in an industry that has seen little innovation in recent years. By employing nanotechnology, ReLaDe's platform allows for the recycling of biological enzymes through magnetic detergent molecules, which can be easily extracted from wastewater, ensuring both efficacy and environmental safety. This approach not only aims to reduce the ecological footprint of laundry practices by lowering CO2 emissions and chemical pollutants in water but also promotes better health for users. ReLaDe represents a forward-thinking solution to modern laundry challenges, focusing on sustainability and efficiency.

Nestmedic

Grant in 2017
Nestmedic S.A., based in Wroclaw, Poland, specializes in mobile telemedical solutions, primarily focusing on products that enhance fetal monitoring. The company is known for its flagship product, Pregnabit, which is a telemedical device designed for wireless cardiotocographic (CTG) testing. This system enables healthcare providers to monitor the well-being of the fetus remotely, ensuring reliable data collection through certified medical probes. Nestmedic serves a variety of clients, including private healthcare providers and midwives, distributing its products in Poland and through international resellers of high-tech medical equipment. The company's innovations aim to improve maternal and fetal health care by leveraging advanced telemedicine technology.

Include

Grant in 2017
Include Ltd. is a high-tech startup based in Solin, Croatia, specializing in the development and manufacturing of IoT-based street furniture. Established in 2014, the company introduced the first smart bench in Europe in 2015, which incorporates features such as cable and wireless charging for devices, a free Wi-Fi hotspot, street lighting, and 15 sensors for monitoring bench usage and environmental data. The benches are equipped with an advanced web platform that enables real-time tracking of usage data, providing valuable insights for city councils and governments to enhance urban planning and maximize the benefits of smart technologies in public spaces. With nearly 100 units sold in its first year, Include aims to become a leader in innovative solutions that meet the everyday needs of citizens.

SolarGaps

Seed Round in 2017
SolarGaps, based in Kyiv, Ukraine, specializes in the development of smart solar blinds that integrate photovoltaic panels to generate electricity. These innovative blinds automatically track the sun, allowing users to harness solar energy to power electrical devices in homes or offices. They can also store energy for later use, serving as an emergency power supply. By utilizing SolarGaps, users can significantly reduce their electricity bills while maintaining a comfortable indoor environment. Additionally, the system includes a smartphone app that enables remote monitoring and control, providing convenience and efficiency in energy management.

Starcounter

Venture Round in 2017
Starcounter, founded in 2006 by Joachim Wester, is a privately held company based in Stockholm, Sweden, with additional offices in Gdansk, Poland, and Palo Alto, USA. The company specializes in developing a database management platform aimed at revitalizing enterprise software systems. Its innovative platform integrates an in-memory database engine with an application server, facilitating the creation of high-performance business applications. Starcounter's research and development team, composed of over 30 experts in artificial intelligence, mathematics, and algorithms from seven different countries, drives the company's advancements in technology. By leveraging artificial intelligence and in-memory computing, Starcounter enhances the efficiency and performance of software applications for enterprises.

Cryogenic and Vacuum Systems

Grant in 2017
Cryogenic and Vacuum Systems offers and creates practical solutions of vacuum and cryogenic issues for a reasonable price. The company offers practical solutions of vacuum and cryogenic issues in Latvia. It designs, manufacture and distributes various systems in handling liquid nitrogen and helium. It also delivered a number of tools that were able to create and measure a very high vacuum. Among many these were used for a spacecraft sealed bay leak search applicat

Applied Precision

Funding Round in 2017
Applied Precision is an innovative ceritified company in field of measurement and testing for electrical variables. Applied Precision Ltd. was founded in 1992. The company has been based on decades of theoretical and practical experience of its founders in field of metrology and applied physics. This scientific background together with creative power of young academic research and development team led to modern innovative company capable to solve all needs of customers in field of measurement and testing with application of the latest hardware and software technologies. Beside standard product range, the company is capable to develop special devices and systems with accuracies ranging up to level requested by national laboratories. The original technical solutions are protected by number of patents at national and international level. The company has its own calibration and test laboratories for internal and external use. The test laboratory in field of civil engineering is for example authorized by Ministry of building and regional development of Slovak Republic for conformance tests. Applied Precision Ltd. is a supplier and partner of numerous specialized test laboratories and manufacturers worldwide. We are in many cases involved in research and development processes of new products and helping to find optimized solutions concerning technology and budget. The most of total production of Applied Precision is exported. Our products can be found in countries in Europe, Africa, the Middle and Far East as well as in North and South America. In order to support users of our products we are building a network of local distributors and service centers.

MyResearch, UAB

Grant in 2017
Company was founded in 2007 in Vilnius (Lithuania). Core businesses are: the designing of communication systems, manufacturing of unmanned flying systems, designing individual mechanical and electronic components to them. Currently, the company specializes in developing and manufacturing unmanned aerial vehicle (UAV) on brand ECILOP.

AEDES Construction

Grant in 2017
AEDES is a construction company that innovates several patents to enable cheap, swift and high-quality construction of buildings. In 1988 we created our first system for construction of multi-floor highly seismic-safe prefabricated buildings made with large panels for the US market. The construction elements (large panels for construction of walls and ceilings; beams and anchors), as well as connecting joints between them when assembling these buildings were innovative and patent protected. The Intellectual Property Office of the Republic of Serbia granted us a patent named “Cold modelling steel profiles as basic elements of construction of self-bearing panels and basic interlocking joints in connections in load-bearing construction of a building”

Potenza Medica

Grant in 2016
Potenza Medica is a specialized distributor of fertility products in the Republic of Slovenia. For fertility, urology, and gynecology products and services, Potenza Medica offers: - registration & notification of products - market research - marketing strategy - market penetration

DiGas Group

Grant in 2016
DiGas, founded in 2012 and based in Riga, Latvia, specializes in advanced dual fuel technology for high horsepower diesel engine applications, particularly in locomotives. The company has developed a leading dual-fuel solution that offers performance comparable to traditional diesel engines while providing significant cost savings and reducing carbon dioxide emissions with minimal particulate output. DiGas serves clients in various sectors, including transportation and energy, by offering a range of services such as feasibility studies, commercial proposals, detailed technical projects, and after-sale support. The company's commitment to addressing client needs has fostered long-term partnerships and established a reputation for high-quality customer service and training in dual-fuel systems.

Metrosoft

Grant in 2016
Metrosoft is a Poland-based fintech company that develops multi-tier, service-oriented asset management software. With its latest programming technologies, Metrosoft offer some of the best experience one can gain in our work with clients drawn from the largest and most prestigious global banks and investment funds. The company basically understand that its success is its staff’s success, which in turn is defined by our clients'​ success. Metrosoft partners with global investment industry clients to create solutions that deliver measurable improvements in efficiency, revenue protection, increased client satisfaction, transparency and risk reduction. Fundsphere®, our suite of asset management solutions, interfaces with existing back office systems and is used by investment managers, custodian banks and other financial institutions in North America, Europe (including the United Kingdom), Hong Kong and Australia.

Leitner Technologies s.r.o

Grant in 2016
Leitner Technologies s.r.o is company that has many years experience in manufacturing and reconstructing of many industrial objects in the chemical and food industry as well as in constructions of industrial and logistics parks, including development of plastic to oil recycling technologies. Its owner Peter Leitner founded the company Leitner Technologies s.r.o in 2003. Steel constructions were the top of its most popular works. Henkel Slovakia s.r.o and Palma-Tumys a.s used to be one of the mayor customers for Leitner Technologies. In the past the company’s management enhance its focus also on international markets. For example our partners, in European Union are Dematic KG&Co., Company PORR Gmbh Oesterreich and Henkel CEE Wien. In Poland there are companies Cargill and Piecbud. And in Ukraine we were working with companies TOV FCA Ukraine and Henkel Kiev. Currently the main company’s focus is recycling of plastic waste into plastic oil. Company has discontinued all other operations and focused primarily on this project. Company has many years experience with technologies all around the world for recycling of plastics.

DO3D Innovations

Grant in 2016
Founded in 2013 , DO3D Innovations develops and markets professional 3D printing equipment. The company is based in Budapest, Hungary.

Torqway

Grant in 2016
Torqway, established in 2014 in Toruń, Poland, specializes in innovative personal mobility devices. Its flagship product, the Torqway Sport, is a four-wheeled vehicle that features a platform and two levers, allowing users to engage in physical exercise by utilizing their upper body strength. The unique mechanism converts the swinging motion of the levers into rotational movement of the wheels, promoting a type of exercise referred to as "nordic riding," akin to Nordic skiing. This device has garnered recognition at various fairs and invention contests worldwide for its innovative design and benefits in fitness and wellness. Torqway is currently developing the Torqway Hybrid, an enhanced version that incorporates electric engine support alongside its patented manual drive mechanism. This new model aims to assist users in overcoming common mobility challenges while encouraging fitness, particularly as societies age and seek ways to maintain health and well-being.

Energenas

Grant in 2016
Energenas, founded in 2004 and based in Kaunas, Lithuania, is a private equity firm that focuses on investing in a diverse range of sectors, including B2B, media, retail, healthcare, information technology, agriculture, and more. The firm collaborates with educational institutions and advanced businesses to commercialize investments and scientific ideas. Energenas is committed to sustainable and responsible practices, aiming to deliver long-term returns for its shareholders and project partners by selecting high-quality projects and companies with skilled and innovative teams. As an impact investor, the firm seeks opportunities primarily in the Eastern and Northern European regions.

TrackingMap

Grant in 2016
TrackingMap transport control and monitoring system becomes more and more advanced and widely used in Lithuania, and other countries – which underlies the quality of our product and the functionality resulting a direct benefit to its clients and their business. They constantly analyze the needs of each of business needs (international freight forwarding / logistics sector, agricultural sector, passenger, etc.) and designing the system to improve it in order TrackingMAP solutions would ensure that its functionality can be tailored specifically to special needs of every particular client.

NeoZeo

Grant in 2016
NeoZeo AB, established in 2010, specializes in biogas upgrading equipment and technologies. Based in Stockholm, Sweden, with an additional office in Riga, Latvia, the company develops innovative solutions for small-scale biogas upgrading using vacuum pressure swing absorption (VPSA) and novel absorbents. NeoZeo's products enable farms and municipalities to convert raw biogas into high-value biomethane, a clean fuel and energy source. The company's expertise lies in structuring and modifying porous materials for gas separation and catalytic applications, with a particular focus on separating carbon dioxide from methane. NeoZeo also offers consulting services in gas separation, nanoparticles, dispersions, and material processing.

R-DAS

Grant in 2016
R-DAS is a Slovak company founded in 2009 with the objective of transferring expertise in micro and nanoelectronics into commercial products. Since, the company has been further developed with the intention to commercialize and apply integrated solutions for launched products in several areas. It offers complex solutions in each stage of the development process leading to innovative products as well as business model and marketing strategy creation support. The main activities are research and development of smart electronic systems and their ASIC implementation, applicable in different industrial fields as well as other domains, e.g. quality of life, healthcare, wellness, etc. Additionally, R-DAS offers expertise in several fields that include mainly microelectronics and nanoelectronics, biomedical engineering, healthcare, RFID, smart sensor systems, miscellaneous RF communication systems, and especially, IC design.

Icosagen

Grant in 2016
Icosagen Group is a contract research provider and technology developer based in Tartumaa, Estonia, serving the biopharmaceutical and biotechnology sectors, as well as academic institutions. The company specializes in high-end biotechnology services, including protein and antibody production, as well as virus-like particle (VLP) production. Its product offerings encompass antibodies, proteins, ELISA kits, transfection reagents, and DNA/RNA isolation tools. Additionally, Icosagen provides quality control services, such as food microbiology testing and allergen testing. The company is involved in various international and national research initiatives, contributing to projects like INTENSO, MAARS, and EURIPRED. Icosagen's proprietary QMCF Technology allows for the stable expression of recombinant proteins and antibodies in mammalian cells, facilitating the development of cell-based assays for screening purposes. The Icosagen Group comprises three entities: the parent company Icosagen AS and its subsidiaries, Icosagen Cell Factory Ltd and IcoPark Ltd.

ETRA d.o.o.

Grant in 2016
ETRA operates in the field of industrial automation, process steering, and electric drives. Since the year 1994 and forward, at the beggining with 2 employees, today has company ETRA d.o.o. 50 employees with extensive and excellently shod specialist knowledges and practical experiences during management in Slovenia ETRA is one of the medium sized companys with 65 employees, 22 on the field of automatics, 11 in projective department and 10 on servis of electronics.

iPanterm

Grant in 2016
iPanterm is a Polish technology company that commercializes foam-silicates products, such as, porous, refractory, and ecological thermal insulation materials.

InPhoTech

Grant in 2016
InPhoTech is a Polish company that specializes in the modeling, fabrication, research, and development of specialty optical fibers. The company focuses on creating advanced optical fiber solutions, including innovative components and photonic devices, tailored for various industries such as rail, gas, and telecommunications. By developing patents, demonstrators, and prototypes, InPhoTech enhances safety and efficiency across these sectors, contributing to increased productivity and competitiveness in the marketplace.

Metrosoft

Grant in 2016
Metrosoft is a Poland-based fintech company that develops multi-tier, service-oriented asset management software. With its latest programming technologies, Metrosoft offer some of the best experience one can gain in our work with clients drawn from the largest and most prestigious global banks and investment funds. The company basically understand that its success is its staff’s success, which in turn is defined by our clients'​ success. Metrosoft partners with global investment industry clients to create solutions that deliver measurable improvements in efficiency, revenue protection, increased client satisfaction, transparency and risk reduction. Fundsphere®, our suite of asset management solutions, interfaces with existing back office systems and is used by investment managers, custodian banks and other financial institutions in North America, Europe (including the United Kingdom), Hong Kong and Australia.

NanoAvionics

Grant in 2016
NanoAvionics is a manufacturer and integrator of small satellite bus systems, with operations in the US, UK, and Lithuania. The company specializes in providing end-to-end small satellite solutions tailored for both single missions and larger constellations. Its offerings include a commercial-grade satellite platform that integrates essential components such as flight computers, attitude determination and control systems (ADCS), communication subsystems, and propulsion systems based on non-toxic mono-propellants. This modular approach not only enhances the functionality of small satellites but also optimizes hardware, launch, and operational costs. With a core engineering team that boasts over 85 successful satellite missions and projects, NanoAvionics aims to deliver economic viability for a diverse range of satellite missions across various sectors globally.

Tumour Trace

Grant in 2016
Tumour Trace is dedicated to developing innovative, patented cancer screening, and diagnostic technology. Based on peer review research, their in- vitro portable screening device has been validated following proof of concepts in the UK, Serbia and India. Their vision is to enable screening covering all cancers to be available to everyone, everywhere.

Axxence Slovakia

Grant in 2016
Axxence Slovakia is the manufacturing subsidiary of Axxence Aromatic GmbH founded in 2006 as LiAxx Biotech. Three years later Slovakian company Monoprix (Bratislava) was acquired, a well-known manufacturer of a range of NATURAL AROMA INGREDIENTS by biotechnical approach. In 2012 the factory amidst the green fields in Eastern Slovakia (Plavnica) was refurbished and expanded. One year later the new dedicated production facility in Bratislava was commissioned. By strategic investments in R&D and new manufacturing processes, we constantly strive to expand our product portfolio. Over the years Axxence has maintained its focus: research, development and production of selected natural aroma ingredients for the Flavour & Fragrance compounding industry worldwide.

Innowaste

Grant in 2016
Innowaste is a Hungarian company that specializes in developing burning technology and processing sewage sludge.

Argas

Grant in 2016
Argas deals exclusively with fire extinguishing systems. Their line of business includes maintenance of fire protection systems covering the territory of Slovenia, the region of the former Balkans, as well as partly other European space.

Aliter Group

Grant in 2016
Àliter Group is the result of the join of two Spanish leading companies with extensive experience in the field of the renewable energies in the related areas of engineering, construction and consulting services. The result is a company with a team of professionals who agglutinate the experience and the knowledge of more than 20 years of activity in the sector of the renewable energies worldwide, with more than 1.300 MW of PV and more that 100 MW of CSP projects advised, engineered, managed and/or installed. Àliter Group has a long term business commitment and a clear global view, wants to be everywhere where a renewable energy business opportunity can take place. Nowadays Àliter Group has presence in Spain, Bulgaria, Romania, India, Middle East and Latam. Àliter Group develops activities of consultancy, promotion, design, construction and exploitation of renewable energy infrastructures, always combining the best technical solution for maximum performance and high economic benefit, at the same time that contributing to the sustainability of our planet.

Central European Research Centre

Grant in 2016
CERC is a Hungarian R&D company that focuses on research and development, science communication and project creation.

Billon

Seed Round in 2016
Billon Group Ltd is a fintech company based in London, United Kingdom, specializing in micropayment and corporate e-money solutions. Founded in 2012, the company has developed a proprietary distributed ledger technology (DLT) that digitizes national currencies and enables the secure storage of encrypted documents on-chain. Billon's platform is tailored for regulated institutional use, allowing for near real-time settlement of both domestic and cross-border payments. The technology combines identity, money, and data while ensuring full compliance with regulatory standards for financial transactions and document applications. By partnering with enterprise customers, Billon provides customizable DLT-based solutions through reusable modules and APIs, facilitating rapid deployment. The company is also registered as an e-money issuer in the UK and Poland, allowing banks to utilize its system for issuing and redeeming digital cash while maintaining legal validation for each transaction.

IFEX Tűzvédelmi Kft.

Venture Round in 2016
IFEX Tűzvédelmi develops and manufactures firefighting technology patents, the pulse quick fix and instant foam extinguishing systems. Pulse vaccination is now widely known throughout the world and has spread across more than 50 countries, such as the least efficient, highly efficient and extremely environmentally friendly fire protection technology. The pulse vaccination procedure is hand-held as a mobile device for fast-acting vehicles and is also used in a custom built-in version. Since 1990 Instant Habbal extinguishers and equipment have been installed in indoor and outdoor versions of 3, 6, 12, 50, 250 kg mobile and 500-6000 kg installed version. The I F EX Fire Kft., More than 25 years ago, was founded in 1990, two Hungarian firefighting technology patents, the 'Pulse quick fix "and" Instant foam extinguishing systems' development, manufacturing activity started.

Red Sky

Grant in 2016
Red Sky builds and operates websites targeted at global users. The company’s products include FilesTube, Shorte.st, ShinyBox, and TeslaThemes. Red Sky was founded in April 2006 and is based in Szczecin, Poland.

Zaklady Urzadzen Kotlowych Staporkow

Grant in 2015
Zakłady Urządzeń Kotłowych Stąporków is one of the leading companies serving the energy industry in Poland and in the world. The main profile of the company's activity is the comprehensive implementation of tasks for the professional power industry and broadly understood industrial energy. The main sectors of the Company's operations are: - Systems for transporting various materials, including fuels, - Systems for the combustion and utilization of various fuels, - Exhaust gas cleaning systems, - Systems for the production of biofuel fuels in the form of pellets, - Formwork systems. Zakłady has been operating on the market for over 39 years. During this period, we acquired specialist knowledge and experience, and thus we consolidated our position in the energy sector. In order to meet the expectations of our existing and potential clients, we have expanded our operations to include central boiler dedusting, air purification installations, feeding lines, straw shredding and combustion, as well as biomass co-firing technologies and a production line for the production of biomass pellets.

SCA Development

Grant in 2015
SCA Development (SCAD) is a SME founded at the end of 2013 as a spin-off company by Second Chance Association (SCA) to assure market replication of the results from R&D activities of the association. SCAD is a natural market oriented extension of SCA. Currently, SCA is a sole shareholder of the company. The company is responsible for all phases of business and product development with special emphasis on bringing the latest results of the SCA R&D into the business, including fundraising and financing of these activities. The primary scope of SCAD is fostering the development, the industrialization and market replication of SCA’s innovations in the field of RES and EE. All members of SCAD team (as a part of SCA) are working in the field of RET and EE since 2003 and since 2012 are actively involved in the development of MirrorPV and CoolPV innovative solutions. SCAD is located in Burgas, Bulgaria.

Saftra Photonics

Grant in 2015
Saftra Photonics is a Slovak high-tech company established as a spin-off from the P. J. Safarik University, Kosice, Slovakia in 2014. The development and the business strategies of the company are based on the research activities of the group led by prof. Pavol Miskovsky, the head of the Center for Interdisciplinary Biosciences at the P. J. Safarik University, mainly in the fields of photonics and biomedical research. The mission of SAFTRA Photonics lies in providing a wide range of market driven research and development activities in the field of (nano)photonics science and technology transfer primarily focused on testing, analyses and controlling processes applied in medicine, environment, and cultural heritage.

Traktor

Grant in 2015
Traktor Technologies operates an online platform designed to connect small and medium-sized farmers in emerging markets with agricultural best practices, information, goods, and services. Founded in 2016 and based in Tbilisi, Georgia, the platform offers various tools aimed at enhancing crop production and access to essential services. These tools include actionable weather reports, fair loans, and insurance options, all tailored to improve the farming experience. Although still in beta, Traktor has gained popularity among Georgian farmers and has received support from prominent donors, reflecting its potential impact on the agricultural sector.

Proform doo

Grant in 2015
Proform is a Slovenian wood specialist that offers crafted wood installation to homes and buildings.

Inea

Grant in 2015
Inea is one of the leading companies in the field of industrial automation, process control, manufacturing intelligence, machine building, and industrial energy management. It was founded in 1987 as a Jozef Stefan Institute spin-off to expand the use of research achievements in the fields of industrial process control and energy management. Developed solutions are based on in-depth knowledge from continued R&D efforts and over 2.000 successful projects in over 30 countries on five continents. Inea is still heavily involved in the Slovenian and European academic and industrial research communities. They have an ongoing relationship with several research networks and consortia developing sustainable industries under the core tenets of Industry 5.0.

Multisense Labor

Grant in 2015
Multisense is specialized in sensor, monitoring, and system control technologies based on microfluidical analysis applied to microbiological and molecular fields, which are used in agricultural, as well as aquacultural and hydrocultural contexts. As a start-up, we have already received investor equity capital to allow us to continue a strong growth path. Multisense was established in 2013 by privet persons who have innovative mind-set and extensive knowledge in microbiology, chemistry, molecular biology, classical and instrumental chemical analysis. Multisense had 1 employes in 2013 closed year, and have 5 employees nowadays and already 100.000 € income is expected in. The aim of their company is to develop measurement service systems, which are based on the local needs at the South-Eastern region of Hungary, taking into account the strong and economically important agricultural growers in the region. In order to achieve these aims, they have applied successfully for the star-up grant of Southern Hungarian Regional Development Agency (Dél-Alföldi Regionális Ügynökség). In our start-up project they focus on innovative solutions that can solve regional problems. We have built up a detailed business plan for the project “Fast-responsive soil characterisation measurement services”, and we developed the modular sensor unit, which can fulfill the basic needs of local farmers.

Elinta Motors

Grant in 2015
Elinta Motors, a Lithuanian company, specializes in the development and manufacturing of electric and plug-in hybrid powertrains for commercial vehicles weighing up to 7.2 tons. Their in-house designed components include electric motors, battery modules, and electronics, aiming to improve vehicle power, range, and durability. Additionally, they offer a range of electronic control systems and components for various industries, including 3D imaging systems and automation solutions.

EU Edge

Grant in 2015
EU Edge a digital product agency that develops software products from scratch or enhance existing solutions. It helps startups rapidly validate their fresh ideas with its technology and design skills. When the clients found the right direction EU Edge help them grow and keep on the top of their game. The company based in Budapest, Hungary and work primarily with US-based clients, providing creative solutions and programming expertise to innovative, intensive technology projects.

Plasma System

Grant in 2015
Plasma System S.A. is a technological company based in Siemianowice Slaskie, Poland, specializing in surface engineering and laser technology. Founded in 2004, it provides a range of protective coating services designed to enhance the durability of components in various industries. Key offerings include Highresist coatings for power boiler walls, Plasmadur for erosion protection in fluidized bed boilers, and Protector coatings for water heaters and steam superheaters. The company also develops Inconel 625 coatings for low-temperature applications, multi-layer W/Zr-DLC coatings for tungsten and zirconium, and Krystaldur coatings for industrial crystallizers. In addition to coating services, Plasma System offers thermal spray services, various welding techniques, and refurbishment of old machine parts. Its clientele spans sectors such as power generation, metallurgy, mining, rail transport, and machinery, reflecting its broad industrial impact.

BiFarma

Grant in 2015
BiFarma Ltd. is a company that is focused on high value added R&D projects. The main profile of the research division is image processing technologies. BiFarma has successfully completed several EU subsidized R&D projects. For example Bredie, a solution for breast cancer diagnosis; ITV, a software that analyzes video broadcasts for certain patterns and provides triggers for content delivery. The privately owned company has 8-10 full time researchers and developers all of whom have numerous years of experience. In addition to the core team we have close working relationship with more than 10 external experts who are dynamically involved with certain projects as needed. We are present in three locations (Budapest, Miskolc and Szeged) and all three offices are fully equipped for R&D projects. The company is in 100% Hungarian ownership and our network of partners covers multiple EU countries. Because on our R&D projects we have built solid work relationships with multiple Hungarian research institutions both healthcare and IT such as: PTE, ORFI ; National Institute for Rheumatology and Physiotherapy).

CGS plus

Grant in 2015
CGS plus is an established European developer in the field of transportation, infrastructure, and AEC. Since 1990, CGS plus has been developing and providing a family of professional high-end civil engineering applications for the design of roadways (Plateia), railways (Ferrovia) and river engineering works (Aquaterra) as well as Civil 3D and Revit software tools for civil engineers and architects. CGS plus also develops customized CAD and BIM software solutions for different companies as well as software vendors. CGS plus is registered also as Research and development actor (research organization) at ARRS as defined under Article 5 of the Research and Development Act. The company cooperates as a coordinator or project partner in many Slovenian and EU projects in the fields of IT, road meteorology, hydrology, and environment.

Rimac Group

Grant in 2015
Rimac is a technology powerhouse that manufactures electric hypercars and provides full technology solutions to global automotive manufacturers. Founded in 2009 with headquarters in Croatia, Rimac started as a garage project and grew into a globally recognized technology leader, built upon the passion and vision of the company's Founder and CEO Mate Rimac. It has challenged the status-quo with the vision to revolutionize and reinvent the sports car with its unique technology thus successfully tackling the electrification challenge set upon the automotive industry.

Kinasera

Grant in 2015
Kinasera is a biotechnology start-up, founded in 2006 as a spin-off of the University of Tartu. It develops and commercializes novel inhibitors of protein kinases (PK) and assay technologies for screening and characterization inhibitors of PK. New biological tools provided by the company rely on the high-affinity bisubstrate-analog inhibitors of PK and constitute fluorescent probes and affinity adsorbents for HTS assays and other methods of analysis of the proteome.

Corres Eood

Grant in 2015
Corres Eood was established in 2007 in Varna, Bulgaria. The main scope of activity includes research, consultancy, engineering in the field of coastal / marine / river / port engineering facilities, navigation channels, environmental protection, sustainable coastal zone development, renewable energy sources. Corres works together with leading experts, companies and research organizations from Bulgaria and the EU.

Inission

Grant in 2015
Inission is a Swedish company specializing in tailored production and logistics services for advanced industrial electronics. With locations in Stockholm, Malmö, Borås, Munkfors, and Pajala in Sweden, as well as Tallinn in Estonia and a sales office in Copenhagen, Denmark, Inission serves a diverse range of industrial customers. The company focuses on developing and managing complete electronic products throughout their entire life cycle, ensuring that clients receive comprehensive support from production to logistics.

Lingvist

Grant in 2015
Lingvist Inc. is a language-learning platform that leverages artificial intelligence, natural language processing, and adaptive machine learning algorithms to enhance the learning experience. Founded in 2012 and based in Tallinn, Estonia, the company offers a subscription service accessible through web, iOS, and Android platforms worldwide. Lingvist's innovative approach focuses on improving vocabulary by assessing users' existing knowledge and customizing courses to target their learning needs, thereby facilitating more effective communication and understanding.

Cleveron

Grant in 2015
Cleveron Ltd. is a technology and logistics company based in Viljandi, Estonia, specializing in self-service parcel terminals that facilitate the sending and receiving of postal parcels across Europe. The company designs and manufactures automated parcel delivery systems, which include various types of parcel terminals and software solutions for operational control and monitoring of parcel distribution services. Cleveron aims to enhance the efficiency and convenience of parcel logistics for businesses, particularly in web retailing and mail ordering, by providing innovative technology-based solutions. In addition to its products, the company offers consultation services to assist clients with the implementation and management of their parcel terminal networks, addressing aspects such as financial planning and logistics processes. Founded in 2006 and rebranded from SmartPOST Ltd. in 2010 after its acquisition by Itella Corporation, Cleveron operates as a subsidiary of Posti Group Oyj.

Intersoft Hungary

Grant in 2015
Intersoft Hungary is a solution provider in the national and international IT market for over 30 years. It provides the development of individualized software solutions for its partners, including the Hungarian Parliament, the National Retirement Insurance Agency, the Ministry of National Cultural Heritage, the National Széchényi Library, the Hungarian State Opera, the Moholy-Nagy University of Art, the Balassi Institute, Tesco, Alcoa-Köfém, the Paks Nuclear Plant, and on the international side Credit Suisse, Kisling AG, Quelle, and many more.

ML System

Grant in 2015
ML System S.A. specializes in the design, engineering, and production of building-integrated photovoltaic (BIPV) cells and modules that generate electrical power from sunlight. The company offers a diverse range of products, including customizable BIPV modules, photovoltaic architecture systems, and standard photovoltaic modules. These products are designed to enhance building functionality, providing features such as thermal insulation, soundproofing, adjustable transparency, and resistance to environmental factors. ML System also manufactures photovoltaic insulated glass units for various architectural applications, including doors and balustrades. In addition to its core offerings, the company is involved in the installation of low voltage and high power systems, encompassing building management and security systems. Founded in 2007 and based in Zaczernie, Poland, ML System aims to integrate renewable energy solutions into modern architecture, contributing to sustainable building practices.

HighChem

Grant in 2015
HighChem Ltd. is a software development company based in Bratislava, Slovakia, specializing in mass spectrometry solutions. Founded in 1998, the company provides tools that empower chemists, medical researchers, and biologists to analyze complex analytical data effectively. HighChem's offerings include extensive libraries and cloud platforms, which encompass vast collections of fragmented information, experimental spectra, and organism-specific biochemical data. These resources are crucial for various applications in metabolomics, pharmacology, forensics, and environmental science. As of June 2019, HighChem operates as a subsidiary of Thermo Fisher Scientific Inc.

Icosagen

Grant in 2015
Icosagen Group is a contract research provider and technology developer based in Tartumaa, Estonia, serving the biopharmaceutical and biotechnology sectors, as well as academic institutions. The company specializes in high-end biotechnology services, including protein and antibody production, as well as virus-like particle (VLP) production. Its product offerings encompass antibodies, proteins, ELISA kits, transfection reagents, and DNA/RNA isolation tools. Additionally, Icosagen provides quality control services, such as food microbiology testing and allergen testing. The company is involved in various international and national research initiatives, contributing to projects like INTENSO, MAARS, and EURIPRED. Icosagen's proprietary QMCF Technology allows for the stable expression of recombinant proteins and antibodies in mammalian cells, facilitating the development of cell-based assays for screening purposes. The Icosagen Group comprises three entities: the parent company Icosagen AS and its subsidiaries, Icosagen Cell Factory Ltd and IcoPark Ltd.

SKA Polska

Grant in 2015
SKA Polska is created out of passion for science and the desire for using its newest achievements in everyday life. KA Polska is currently an independent, Polish research and development company, operating in the field of high technologies and innovation advice. Our extensive experience and all-around approach allows achieving an effective solution of almost any research or technological problem, and cooperation with renowned universities and research institutes from Poland and abroad guarantees that the found solution will take into account state of the art achievements of science and technology, at the same time keeping the optimal costs intact.

Ferentis

Grant in 2015
Ferentis is a research-intensive biotechnology company involved in the development, production and commercialization of biomimetic peptides and peptide-based scaffolds for tissue engineering and regenerative medicine applications. Ferentis was established in Vilnius, Lithuania, by a group of scientists and entrepreneurs from Canada, Lithuania, Sweden and India.

Central European Research Centre

Grant in 2015
CERC is a Hungarian R&D company that focuses on research and development, science communication and project creation.

TEMA

Grant in 2015
TEMA offers complete electric propulsion systems for zero emission boats, serial hybrids and parallel hybrids. From small leisure yachts to large commercial boats, TEMA has solutions for all applications. The company was founded in 1989 by Branimir Ruzojcic, Dr.Sc, who is still GM of the company. The company was founded with the intention of merging academic and scientific researches and engineering practical resources for offering sophisticated industrial automation products to the market. In the early stages, Dr. Ruzojcic began with the development of electronic drives and permanent magnet synchronous motors, which still remain the most advanced technology in this industry. In the beginning, TEMA started cooperating with the University in Zagreb/Croatia, Automation department on the Electric engineering faculty. From 1995 the team was strengthen by cooperation with “Marine Institute (BI)” in Zagreb/Croatia. From 1999 TEMA established additionally intensive cooperation with University in Padua/Italy the Laboratory for electric drives (EdLAB) which has helped expand the scientific research and development team, working in the present activity. After the successful project development, the prototypes were tested and showed outstanding results, which made the beginning of the serial production of these motors in Croatia possible in the year 2000. In 2009. TEMA acquired the electronic and automation company “Fortec” in Padua, Italy, which helped strengthen the offer and presence on the market. Today TEMA has the most advanced motors/generators using PM technology ranging from 10KW to 1500KW. A team of expert scientists and engineers are working continuously on improving the research and development of new, innovative solutions in order to place superb products of high efficiency on the market.

ANF Technology

Venture Round in 2015
NAFEN™ – Aluminum Oxide Nano fibers have been developed in a pilot manufacturing facility in Tallinn, Estonia since 2011. The product is synthesized by the method of controlled liquid phase oxidation, which ensures a high production rate. The test facility has proven the efficacy of the production process for delivering volumes of high-quality aluminum oxide nano fibers in excess of 0.5 kilograms per hour in a continuous production cycle 24/7, 3 000 kg per year. The production process has been patented, allowing ANF Technology to develop sales channels and research partners without jeopardizing potential market share of the nano fiber market. The production process allows for increases in volume up to 100 times the current production levels, thus eliminating the main roadblock in the nano fiber industry (lack of industrial scale production capacity). NAFEN™ is the revolutionary nanomaterial of the next technological wave for which nanotubes have been preparing the world for over 20 years. Having this industrial technology at hand, numerous NAFEN™- inside solutions will be developed and implemented. NAFEN™ provides a unique combination of properties including controllable diameter of 7 to 40 nm, length of over 150 millimeters, high tensile strength, vast surface area, chemical inertness, stability against radiation, and thermal stability. • fiber diameter is controllable by production parameters, from 7 to 40 nm • individual fiber length up to 150 mm supplied in co-aligned or random structure • bulk density 0.09–3.5 g/cm3 • supplied in dry form or dispersed in water or alcohols

Dunagabona

Grant in 2015
Dunagabona is a wholesaler and foreign trader of cereals and fodder based in Hungary.

M SORA

Venture Round in 2015
M SORA is fully committed to research and development at all levels of the production equation, and to participating in larger innovation and development schemes and initiatives. M SORA windows are made exclusively from the highest quality Slovenian wood, harvested from the country’s expansive pristine forests and processed using only the most advanced and environmentally friendly technology available today. There are a lot of windows out there on the market, many of them good. Yet no other window delivers on all of the important promises like M SORA: saving you energy and money, serving you well for years, even decades, making your home a more beautiful and functional place, naturally; and putting a smile of genuine satisfaction on your face.

GEM Motors

Grant in 2015
GEM Motors engages in the development and production of innovative and genuine propulsion solutions for electric mobility. The expert team at GEM motors is dedicated to providing sustainable products and creative solutions, which presents a real gem for the customer. GEM motors is dedicated to shaping the future of light electric mobility with advanced, high quality, reliable and smart electric drive solutions with superior performance that will increase the attractiveness of using electric vehicles in daily urban transportation. The company was founded in in 2010 and is based in Kamnik, Slovenia.

Pixel Legend

Grant in 2014
***UPDATE*** Effective September 1, 2022, company founder Jan Filipowiak regained 100% ownership of the company. Pixel Legend is specializing in development of innovative products in the field of immersive technologies. It's main products are AI Powered 3D Digital Humans, Vrooom - lightweight arcade VR system for theme parks and attractions with the highest ROI ratio on the market (6 players x 15 min x ticket price) and VR Dome - fulldome movie player sold in licenses to companies such as DHL and IBM, public institutions and tourist locations. Pixel Legend was the first company in Poland to receive first direct innovation grant awarded by seasoned experts and entrepreneurs under the auspices of European Commission. Team also received Galileo Masters award in 2015 for the innovative use of the GPS signal in the Augmented Reality app. Products were featured at TNW Conference, Web Summit, AR/VR Innovate and MIT Hubweek. Virtualist was selected by TNW as 'future workplace' technology. Company's products were featured by Forbes, Business Insider and TNW.
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