Valdis Dombrovskis

Vice President

Pearse O'Donohue

Director for the Future Networks, DG CONNECT

237 past transactions

Enzidia

Pre Seed Round in 2025
Enzidia is a biotechnology company focused on enhancing enzyme engineering to address significant climate and environmental challenges through synthetic biology. Its innovative Enzyme Engineering Platform significantly improves enzyme efficiency, achieving levels 10,000 to 10 million times higher than traditional methods. By integrating synthetic biology, big data generation, and machine learning, Enzidia accelerates the enzyme engineering process, facilitating the development of biosolutions. The company's approach not only advances its own capabilities but also fosters partnerships to expand its impact in various bioprocesses.

Thorizon

Series A in 2025
Thorizon is a deep-tech startup that has emerged from its origins as a spin-off of the Dutch Nuclear Research Institute, with offices located in Amsterdam and Lyon. The company is focused on developing thorium molten salt reactor technology, which aims to produce clean and stable energy by utilizing a combination of long-lived nuclear waste and thorium. This innovative approach not only aims to generate safe, carbon dioxide-free energy but also seeks to significantly reduce the longevity of nuclear waste. Thorizon envisions the development of a small modular reactor, named Thorizon One, which is designed to be 'walk-away' safe and promote circularity in energy production. The company is actively collaborating with industry leaders such as Orano, Tractebel, and EDF to enhance its reactor design. Thorizon has also been recognized as a laureate in the France 2030 program for advanced nuclear projects and is focused on strengthening its financial position to build a non-nuclear molten salt demonstrator in the short term, with plans to construct the first-of-a-kind reactor by 2030.

AFR-IX Telecom

Grant in 2025
AFR-IX Telecom intends to establish at its core ethical principles and codes of conduct which correspond with ethical values prioritising human dignity and fundamental rights of the individual, as well as those of society as a whole. AFR-IX Telecom believes in fairness and congruence with socially-accepted moral principles, as well as with the rights and duties established by the Spanish Constitution. These codes of conduct and principles shall be accepted and implemented by all members of the company.

Infineon Technologies

Grant in 2025
Infineon Technologies, headquartered in Munich, is one of Europe’s largest semiconductor manufacturers, having been spun off from Siemens in 2000. The company addresses key societal challenges related to energy efficiency, communications, and security by providing semiconductors and system solutions across various sectors. Infineon is a leader in the automotive semiconductor market, offering products that enhance active safety and powertrain performance in vehicles. Additionally, it excels in power semiconductors that regulate voltage in diverse electrical systems. The company's operations are divided into four segments: automotive, green industrial power, power and sensor systems, and connected secure systems, catering to a wide range of industrial and consumer applications.

AESC Group

Grant in 2025
AESC is a leading manufacturer of lithium-ion batteries, specializing in automotive applications. Founded as a joint venture between Nissan and NEC Group, the company prioritizes sustainability, employing carbon-neutral manufacturing processes. AESC's batteries, renowned for their performance and reliability, have equipped numerous electric and hybrid vehicles worldwide, including the Nissan Leaf and Infiniti M Hybrid. The company aims to enhance product quality, reduce costs, and increase energy density, contributing to the global shift towards cleaner transportation and energy storage solutions.

Magnetfab

Grant in 2025
Magnetfab pioneers the mass-production of integrated micromagnets, driving advanced miniaturization for next-generation consumer electronics, robotics, quantum computing, and beyond.

Silicon Box

Grant in 2024
Silicon Box is a provider of advanced outsourced semiconductor assembly and testing services, focusing on semiconductor integration. The company offers comprehensive solutions for semiconductor packaging, ranging from initial design to final manufacturing. Its expertise encompasses a variety of applications, including artificial intelligence, high-performance computing, electric vehicles, automotive systems, power management, and mobile chipsets. By specializing in semiconductor design and device integration, Silicon Box aims to streamline the chipset design process, facilitating the development of sophisticated chiplet-based systems while ensuring high-quality semiconductor interconnections. This approach not only reduces design cycles but also lowers costs and power consumption for its customers.

Farmless

Grant in 2024
Farmless is a food-tech startup focused on revolutionizing food production by decoupling it from arable land. The company employs advanced fermentation technology to transform renewable energy into essential food components, including proteins, carbohydrates, beneficial fats, vitamins, and minerals. By utilizing a liquid feedstock derived from renewable energy sources, Farmless aims to produce carbon-negative, functional proteins with a complete amino acid profile. This innovative approach not only enables the creation of low-cost proteins at a planetary scale but also assists farmers in reducing their carbon footprints. Farmless is pioneering a new interface between food and electricity, leveraging specific microbes chosen for their desirable food properties to drive sustainable food production.

Farm Credit Armenia

Grant in 2024
Farm Credit Armenia is a financial services cooperative that specializes in providing credit solutions to the agricultural sector. The organization offers various loan products tailored to meet the needs of farmers and agribusinesses. As a responsible lender, it aims to support the development and sustainability of agriculture in Armenia. The cooperative is supervised by the Central Bank of Armenia and operates with a mission to enhance the financial well-being of its members.

Vulcan Energy Resources

Grant in 2024
Vulcan Energy Resources, established in 2018 and headquartered in Perth, Australia, is a mineral exploration company primarily focused on lithium extraction. It operates in Europe, with projects in Norway and Germany. Vulcan's unique approach involves using renewable geothermal energy to power its lithium extraction process, aiming to produce lithium hydroxide with a zero carbon footprint. This process also generates a renewable energy by-product, further decarbonizing the supply chain. In addition to lithium, Vulcan also explores for other minerals such as copper, zinc, gold, and silver.

Elcogen

Grant in 2024
Elcogen is a manufacturer and developer of high-performance anode-supported Intermediate Temperature Solid Oxide Fuel Cells (IT-SOFC) and SOFC stacks, established in 2001. The company specializes in proprietary materials and technological solutions that enhance the efficiency of solid oxide fuel cells, which are recognized as the most efficient method of energy conversion. Elcogen's technology significantly reduces emissions from natural gas systems, providing twice the power for the same amount of gas. Additionally, its fuel cells facilitate renewable energy generation by converting electricity into hydrogen for long-term storage. With a focus on efficiency, flexibility, and reducing commercial costs, Elcogen aims to support industries in the transition to green hydrogen production and contribute to a cleaner energy future.

Bolder Industries

Grant in 2024
Bolder Industries is a company based in Boulder, Colorado, founded in 2011, that specializes in the conversion of end-of-life tires into sustainable materials. It processes waste tires to produce an alternative to carbon black, along with petrochemicals, steel, and energy, while minimizing waste. The company's mission focuses on addressing the growing issue of tire waste and promoting the demand for sustainably sourced materials. Through its innovative technologies, Bolder Industries aims to reduce greenhouse gas emissions, lower water consumption, and decrease electricity usage, all while creating manufacturing jobs.

Aura Aero

Grant in 2024
Aura Aero is a manufacturer of aircraft dedicated to advancing air transport decarbonization through the design and production of eco-efficient and low-carbon vehicles. The company focuses on creating innovative aircraft that feature a comprehensive rescue parachute system, anti-crash seats, and anti-crash fuel tanks. With a two-seater configuration and side-by-side taildragger landing gears, Aura Aero aims to enhance the safety and efficiency of aviation. Their commitment to environmentally friendly technology positions them as a key player in the drive towards sustainable air travel.

Metsä Group

Grant in 2024
Metsä Group is a forerunner in the sustainable bioeconomy utilizing renewable wood from sustainably managed northern forests. It focuses on wood supply and forest services, wood products, pulp, paperboards, and tissue and greaseproof papers, using northern wood as its main raw material. Metsä Group has operations in about 30 countries and is committed to the sustainable use of renewable wood from northern forests. It is a major player in the forest industry sector.

FREYR

Grant in 2024
FREYR AS is a Norwegian company based in Mo i Rana that specializes in the production and sale of lithium-ion battery cells for electric vehicles and energy storage. The company aims to offer clean battery solutions with high density and competitive pricing while maintaining a reduced carbon footprint. In addition to its core focus on electric mobility and stationary energy storage, FREYR is exploring opportunities in marine transportation and aviation markets. The company also operates a 600 MW wind park in Norway, supporting its commitment to renewable energy and sustainability.

HydrogenPro

Grant in 2024
HydrogenPro AS specializes in designing and supplying customized hydrogen plants for industrial clients, focusing primarily on alkaline high-pressure electrolysers. Founded in 2013 and based in Porsgrunn, Norway, the company offers a range of solutions, including containerized systems for small plants and indoor installations for medium-sized facilities. Its expertise in hydrogen technology positions HydrogenPro as a key player in the growing market for hydrogen production.

Biointaxis

Grant in 2024
Biointaxis is a genomic treatment and technology development company focused on addressing neurological diseases. Its lead program is centered on a gene therapy treatment for Friedreich ataxia, a rare, inherited neurodegenerative disorder primarily affecting teenagers and young adults. The company has demonstrated success in preclinical models, where it has effectively reestablished neurological functions in mice engineered to exhibit symptoms of Friedreich ataxia. By targeting the underlying genetic causes of this condition, Biointaxis aims to provide a viable therapeutic option for patients suffering from this challenging disease.

NEL Hydrogen

Grant in 2024
Nel ASA is a leading hydrogen company based in Norway, specializing in the production, storage, and distribution of hydrogen derived from renewable energy sources. The company operates through several segments, primarily focusing on hydrogen fueling stations and electrolyzers. Its H2Station technology offers efficient fueling solutions for fuel cell electric vehicles, ensuring fast refueling and long ranges comparable to conventional vehicles. Nel ASA also manufactures hydrogen generation plants utilizing advanced water electrolysis technology, catering to various industrial applications and energy systems globally. With a strong emphasis on delivering comprehensive hydrogen solutions, the company serves diverse sectors, including industries and energy firms, positioning itself as a key player in the transition to sustainable energy. Founded in 1927 and originally known as DiaGenic ASA, it rebranded in 2014 and maintains headquarters in Oslo while operating facilities in Notodden and Porsgrunn.

Avantium

Grant in 2024
Avantium is a Dutch technology company specializing in advanced high-throughput research and development for energy, chemicals, and pharmaceutical industries. Headquartered in Amsterdam with state-of-the-art laboratories, Avantium's proprietary technology accelerates product and process innovation while reducing costs. With over 70 global clients, including industry leaders, Avantium has proven its technology's validity and commercial viability. The company focuses on developing new biofuels, bio-based chemicals, and novel crystal forms of marketed drugs under patent. Its team comprises highly educated professionals in catalysis, crystallography, organic chemistry, engineering, statistics, cheminformatics, and software development, collaborating closely with partner R&D organizations to drive innovation.

Intrade4you

Grant in 2024
Intrade4you offers tools and services that make life easier for entrepreneurs. They create wealth, but to create value for society, shareholders, and the subjects that come into contact with society and the environment.

acurraent

Grant in 2024
acurraent specializes in social media management and marketing for small and medium-sized enterprises in the hospitality sector.

Compellio

Grant in 2024
Compellio is a technology company that specializes in blockchain-enabled solutions for asset-centric interoperability. It serves major public institutions and corporate leaders across various industries, including audit, supply chain management, consumer engagement, and IoT-driven manufacturing. The company operates a tokenization-as-a-service platform, integrating with multiple blockchains to bridge the gap between web2 and web3 computing. This platform balances on-chain and off-chain data, ensuring transparency and compliance with data protection regulations. It enables clients to manage a wide range of assets, from physical assets and business documents to virtual content and original artworks.

Arsys

Grant in 2024
Arsys Internet, S.L. is a leading Spanish company specializing in domain registration, web hosting, and cloud computing services. Based in Logroño, Spain, Arsys offers a wide range of information and communication technology (ICT) solutions, including managed hosting and advanced IT infrastructure. The company is recognized for its innovation and technological leadership and is at the forefront of developing Spain's first commercial cloud hosting platform. With a strong presence in the European market, Arsys enables its customers to enhance their internet connectivity and achieve a robust online presence.

SecureOpinion

Grant in 2024
SecureOpinion is a fully decentralized, secure, privacy-preserving openly accessible opinion-sharing platform.

Neuron AI

Grant in 2024
Neuron AI is a technological start-up focusing on developing and delivering Artificial Intelligence solutions in the EU and global market.

Agora Citizen Network (ZKorum)

Grant in 2024
At ZKorum, we are building Agora Citizen Network, a social platform designed to rehumanize and depolarize public debates around complex and divisive issues. Agora leverages cutting-edge innovations such as ZK Proof of Passport, trust-minimized infrastructure, and collective dialogue systems to create a safe, inclusive, and effective digital space for civic engagement.

Forkbomb

Grant in 2024
Provides encryption, identity, and blockchain interoperability components and solutions to make cryptography more accessible to the general public.

Gheorghe Asachi Technical University of Iași

Grant in 2024
Gheorghe Asachi Technical University of Iași is the oldest engineering education university in Romania.

City and Me

Grant in 2024
City and Me is a digital response to the citizens' needs to communicate, be active, and act sustainably in their communities.

Metabio BG

Grant in 2024
Metabio BG designs, develops, and implements IT solutions for the life science industry; combines and maintains data from all sector organizations; and delivers valuable services.

Ennismar

Grant in 2024
Ennismar offers solutions for traceability, visual storytelling, IoT management, and farm management. They provide inquiries through online applications and emails.

Digital Democracy World

Grant in 2024
Digital Democracy World is a non-profit organization dedicated to supporting and promoting successful democratic organizations of people at all levels and across all organizations.

akirolabs

Grant in 2024
Akirolabs is a provider of an AI-powered software-as-a-service platform that focuses on strategic procurement management. The company develops solutions that facilitate collaborative procurement intelligence, offering an intuitive workflow that integrates proven methodologies and toolkits. Akirolabs’ platform enhances organizational procurement processes by incorporating relevant insights and recommendations derived from both internal and external data sources. This enables clients to adapt a ready-to-use framework tailored to their specific needs and contexts, ultimately improving efficiency and decision-making in procurement activities.

Valneva

Grant in 2024
Valneva is a biopharmaceutical company specializing in the development, manufacturing, and distribution of prophylactic vaccines for infectious diseases. Its portfolio comprises two commercially available vaccines (IXIARO/JESPECT for Japanese encephalitis and DUKORAL for traveler's diarrhea), along with vaccine candidates targeting Lyme disease, chikungunya virus, and COVID-19. Valneva operates through segments including Commercialized Vaccines, Covid-19 Vaccine, Vaccine Candidates, and Technologies & Services. The company aims to address significant unmet medical needs in infectious diseases by leveraging its expertise and capabilities to advance vaccine candidates through clinical trials and ultimately commercialize them.

Compular

Grant in 2024
Compular specializes in the development of advanced analytic tools for high-tech materials. The company focuses on providing simulation and analysis capabilities that predict material properties based on intuitive design principles. Their tools deliver actionable insights into the properties of materials and liquids, facilitating the screening of candidate formulations and predicting parameters for continuum scale simulations. By employing finely tuned molecular dynamics and density functional theory, Compular enhances mechanistic understanding of material functions. Their applications span various industries, including batteries, fuel cells, metals and alloys, pharmaceuticals, electronics, and chemicals, ultimately enabling clients to adopt a predictive approach in their R&D processes and improve the success rate of laboratory trials.

Lightsource BP Renewable Energy Investments

Debt Financing in 2024
Lightsource BP is a global leader in the development, acquisition, and management of large-scale solar energy projects. Specializing in utility-scale solar project development, the company excels in its in-house planning and operational capabilities, allowing it to act as both the owner and manager of its projects. By collaborating with utilities, businesses, local communities, and governments, Lightsource BP addresses the increasing demand for affordable and sustainable energy. The company is committed to delivering competitively-priced, reliable clean energy solutions and aims to deploy at least 8GW of solar capacity worldwide in the coming years. Its focus on solar and smart energy solutions positions Lightsource BP as a significant contributor to the future of global energy delivery.

Panodyssey

Venture Round in 2024
Panodyssey is a social media platform tailored for creative writers. It offers a secure and ethical space for authors to share their work with a broad audience, fostering a community where writers can engage with readers and collaborate with peers. The platform also serves as an all-in-one tool for professional content writers and journalists, simplifying the process of creating and sharing content. It provides features to protect intellectual property and enables writers to monetize their work directly through the platform.

NVision Imaging Technologies

Grant in 2024
NVision Imaging Technologies GmbH, founded in 2015 and based in Ulm, Germany, specializes in developing and commercializing innovative imaging and sensing applications grounded in quantum physics. The company has created a platform that polarizes natural metabolites, enabling their use as agents for imaging tumor metabolism through magnetic resonance imaging (MRI). This technology leverages advancements in quantum physics to transform the medical imaging and diagnostics landscape, allowing standard Magnetic Resonance Spectrometers to evaluate human metabolism. As a result, healthcare professionals can conduct advanced cancer diagnostics and monitor treatment responses in real-time, enhancing the precision and effectiveness of cancer care.

Simtel Team

Grant in 2024
Simtel Team is a greentech company that focuses on the construction and maintenance of photovoltaic power plants. It engages in the design, supply of equipment, and implementation of these renewable energy systems, ensuring both corrective and preventive maintenance for the plants and their associated equipment. Additionally, Simtel Team is involved in automation, providing services for drive, regulation, control systems, and process optimization. The company also serves as a primary provider of turnkey solutions for telecommunications operators in Romania, demonstrating its diverse capabilities in both the renewable energy and telecommunications sectors.

Chemring Group

Grant in 2024
Chemring Group is a defense technology company focused on the development and manufacture of countermeasures, sensors, and energetic systems for aerospace, defense, and security markets. The company operates through various segments, including countermeasures, sensors, and energetic systems. Its product offerings encompass conventional flares, chaff, special material decoys, and naval countermeasures, alongside electronic countermeasures and equipment for chemical and biological threat detection. Chemring serves a diverse client base, with significant operations in North America, where it primarily supplies the U.S. Department of Defense and its prime contractors. In Europe, the company caters to NATO and non-NATO customers, and it maintains a presence in the Asia Pacific region. Additionally, Chemring is involved in contract research and development, further enhancing its capabilities in the defense sector.

IMotion Analytics

Grant in 2024
Imotion Analytics specializes in delivering Artificial Vision as a Service (AVaaS) through advanced computer vision technology, which transforms large volumes of video data into real-time, actionable insights. The company's proprietary AI platform is designed to be hardware-agnostic, scalable, and adaptable, facilitating rapid deployment across diverse sectors such as public infrastructure, transportation, smart cities, and critical facilities. Imotion Analytics provides solutions that enable advanced behavioral analytics, non-biometric reidentification, and operational intelligence, empowering municipalities, infrastructure operators, and enterprise clients to make informed and efficient decisions. By enhancing public safety, optimizing mobility, and ensuring regulatory compliance while maintaining privacy, Imotion Analytics positions itself as a strategic partner in the AI-driven transformation of the physical environment, offering a recurring revenue model within the computer vision sector.

SolarSpring

Grant in 2024
SolarSpring GmbH is a German company based in Freiburg that specializes in the development, construction, and operation of solar water treatment and desalination systems. Founded in 2009, the company is committed to using clean materials and renewable energy sources, including thermal and photovoltaic energy, as well as waste heat, to enhance water purification technologies. SolarSpring's key product, the Oryx 150, is a desalination solution designed for autonomous water supply, suitable for various applications, including the treatment of sea and brackish water, as well as contaminated water. The company focuses on innovative water purification systems that operate effectively with limited energy resources, employing techniques such as membrane distillation and UV disinfection. SolarSpring GmbH operates as a subsidiary of Industrial Solar Holding Europe AB.

Omniscope

Grant in 2024
Omniscope is a TechBio company focused on decoding the immune system with high resolution to enhance disease detection and diagnosis. It develops a diagnostic tool that utilizes simple, non-invasive clinical tests to broadly detect diseases at early stages. By integrating immune cell sequencing with artificial intelligence, Omniscope offers a comprehensive view of immune responses to disease and provides clinically actionable insights through advanced computational analysis. The company's innovative approach aims to inform therapeutic strategies and improve diagnostic capabilities, ultimately helping patients navigate their health more effectively.

Media Carbon Calculator

Grant in 2024
Media Carbon Calculator is a tool for producers to assess the carbon footprint of their audiovisual projects. It provides a method to measure emissions and helps users understand the environmental impact of their productions. The Media Carbon Calculator helps producers reduce their carbon footprint and support sustainability in the media industry.

Suas Aerospace

Grant in 2023
Suas Aerospace developing commerical spaceport facilites in Europe.

CloudFerro

Grant in 2023
CloudFerro is a provider of cloud computing services, specializing in the space sector, climate research, and big data storage. The company offers a range of services tailored for space technology companies, including dedicated server leasing, disk services, IP address leasing, and anti-DDoS security. Additionally, it facilitates direct data transmission to clients and provides a comprehensive infrastructure-as-a-service (IAAS) solution, ensuring data safety and leveraging OpenStack technology. CloudFerro's expertise in advanced cloud services positions it as a key player in supporting clients with their unique data management and computing needs.

Kikleo

Debt Financing in 2023
Kikleo provides smart solutions for monitoring the food waste in restaurants and collects and analyzes the data to implement solutions.

algoWatt

Post in 2023
algoWatt specializes in designing, developing, and integrating solutions for the management of energy and natural resources, emphasizing sustainability and social responsibility. The company focuses on providing management and control systems that combine devices, networks, software, and services across several sectors, including digital energy and utilities, smart cities and enterprises, and green mobility. Its product offerings include various solutions such as building energy management systems, invoicing and metering tools, and geographic information systems. algoWatt emerged from the merger of TerniEnergia, known for its expertise in renewable energy and environmental services, and Softeco, a seasoned IT solution provider with extensive experience in the energy, industrial, and transportation sectors.

Elcogen

Grant in 2023
Elcogen is a manufacturer and developer of high-performance anode-supported Intermediate Temperature Solid Oxide Fuel Cells (IT-SOFC) and SOFC stacks, established in 2001. The company specializes in proprietary materials and technological solutions that enhance the efficiency of solid oxide fuel cells, which are recognized as the most efficient method of energy conversion. Elcogen's technology significantly reduces emissions from natural gas systems, providing twice the power for the same amount of gas. Additionally, its fuel cells facilitate renewable energy generation by converting electricity into hydrogen for long-term storage. With a focus on efficiency, flexibility, and reducing commercial costs, Elcogen aims to support industries in the transition to green hydrogen production and contribute to a cleaner energy future.

Verkor

Grant in 2023
Verkor is a manufacturer of battery cells dedicated to increasing the production of low-carbon batteries to meet the rising demand for electric vehicles. The company emphasizes the development of batteries that have a significantly reduced carbon footprint compared to traditional options, which minimizes emissions associated with logistics. By utilizing carbon-free electricity in its production processes, Verkor aims to provide businesses with cost-effective battery solutions that align with sustainability goals.

Zunder

Grant in 2023
Zunder is an electric vehicle charging company focused on developing a network of charging stations that provide convenience and accessibility for electric car drivers. The company offers semi-fast and fast chargers, allowing users to charge their vehicles efficiently. In addition, Zunder has created a mobile application that facilitates the registration of charging requests, point management, and payment processing. This application enables clients to plan their routes and book charging sessions, enhancing the overall charging experience for electric vehicle users.

University Medical Center Utrecht

Grant in 2023
The University Medical Center Utrecht continually raises the bar high. The result: innovative, leading-edge treatments that meet the health needs of today and the future. The special knowledge required for this purpose, They develop together with partners at home and abroad. Their doctors, researchers and students work in teams to find solutions to major medical issues. Everything They do is designed to make people healthy and keep. And where possible to prevent disease.

ICODOS

Grant in 2023
ICODOS is a technology company specializing in the production of e-methanol, a clean alternative to conventional methanol. It has developed a patented hybrid process that enables cost-competitive and rapidly scalable e-methanol production, targeting the decarbonization of the chemical and shipping industries. The company's unique value lies in its innovative technology, which offers a significant cost advantage and unmatched operational flexibility, ensuring efficient carbon dioxide capture and reduced operating costs.

Sunfire

Grant in 2023
Sunfire is a company that specializes in developing and manufacturing systems for renewable industrial gas and fuel production. It focuses on creating substitutes for fossil fuels, such as mineral oil and natural gas, through innovative technologies like electrolyzers and solid oxide cells. These systems convert renewable electrical energy from sources like wind farms, hydropower plants, and photovoltaic systems into fuels and gases, including renewable hydrogen and syngas. By enabling the chemical, fuel, and steel industries to transition away from fossil energy, Sunfire aims to provide sustainable energy solutions that are available whenever needed, thus integrating renewable energy into existing infrastructures.

Multiwave Technologies

Grant in 2023
Multiwave Technologies AG, headquartered in Geneva, Switzerland with a research and development facility in France, specializes in innovative medical imaging solutions. Established in March 2015, the company is renowned for its leadership in metamaterial MRI antenna design, aiming to enhance the quality of Magnetic Resonance Imaging (MRI) devices. Multiwave Technologies focuses on developing breakthrough MRI and Positron Emission Tomography (PET) devices, with a vision to create portable MRI technology.

Devnya Cement

Grant in 2023
Devnya Cement is a cement company that operates in the wholesale construction products industry.

Angelini Pharma

Grant in 2023
Angelini Pharma is a healthcare company that focuses on the development and commercialization of innovative products in mental health, pain and inflammation, and pediatrics. The organization aims to address significant medical needs by providing effective solutions and therapies that enhance patient care. With a commitment to improving health outcomes, Angelini Pharma leverages its expertise to deliver targeted treatments and support for various health conditions.

Vianode

Grant in 2023
Vianode is a manufacturer of sustainable anode graphite solutions tailored for the battery industry, specifically targeting the electric vehicle market. The company specializes in developing a range of synthetic graphite products that offer unique performance characteristics while being produced with significantly lower carbon dioxide emissions compared to conventional materials. Vianode's commitment to sustainability is further demonstrated through its recycling initiatives, which include the introduction of products that incorporate recycled graphite. By focusing on enhancing both the performance and environmental impact of electric vehicle batteries, Vianode plays a crucial role in advancing the transition to greener energy solutions.

Meyer Burger Technology

Grant in 2023
Meyer Burger Technology is a Swiss technology company based in Thun, Bern, specializing in the production of systems and equipment for the photovoltaic, semiconductor, and optoelectronic industries. The company focuses on manufacturing solar cells, modules, and systems, with its revenue primarily generated from its Modules segment, which offers efficient solar solutions for both private and commercial roof systems, as well as for solar power plants. In addition to photovoltaic applications, Meyer Burger serves high-end markets such as displays, batteries, printed electronics, and automotive industries. The company employs advanced plasma and ion-beam technologies for its manufacturing processes and provides integrated systems, thermal process solutions, and software for production-line control. Meyer Burger also offers comprehensive services, including installation, commissioning, process support, and tailored service agreements, ensuring customer-specific process control across various manufacturing operations. The majority of its revenue is derived from the German market.

Absolicon Solar Concentrator

Grant in 2023
Absolicon Solar Concentrator AB produces and installs solar energy systems. It offers solar concentrators and collectors. The company provides X10, which produces electricity and heat for hot tap water, heating, heat-powered air conditioning, and desalination or process heat applications. Its products are used in photovoltaic thermal applications, hotels, hospitals, apartment buildings, sport centers, industries, airports, restaurants, and supermarkets in southern Europe. Absolicon Solar Concentrator AB was founded in 2007 and is based in Härnösand, Sweden.

Stargate Hydrogen

Grant in 2023
Stargate Hydrogen Solutions specializes in providing turn-key electrolysis systems for the production of green hydrogen using renewable energy sources. The company focuses on designing, implementing, and maintaining electrolyzer systems that allow clients to significantly reduce their carbon dioxide emissions by transitioning to green hydrogen as an alternative energy source. Through its innovative solutions, Stargate Hydrogen aims to support the electrification of various industries, contributing to a more sustainable future.

ArcelorMittal

Grant in 2023
ArcelorMittal is a global steel and mining company, specializing in the production of steel and iron ore. It operates through segments such as North America, Brazil, Europe, and Mining, with the majority of its revenue generated from the Europe segment. The company's product portfolio includes hot-rolled and cold-rolled coil, coated products, tinplate, plate, slab, long products, tubular products, and wire rods, serving diverse industries like automotive, construction, packaging, and household appliances. ArcelorMittal is committed to developing technologies to reduce the carbon footprint of steel, aiming to be carbon neutral by 2050.

ArcelorMittal

Post in 2023
ArcelorMittal is a global steel and mining company, specializing in the production of steel and iron ore. It operates through segments such as North America, Brazil, Europe, and Mining, with the majority of its revenue generated from the Europe segment. The company's product portfolio includes hot-rolled and cold-rolled coil, coated products, tinplate, plate, slab, long products, tubular products, and wire rods, serving diverse industries like automotive, construction, packaging, and household appliances. ArcelorMittal is committed to developing technologies to reduce the carbon footprint of steel, aiming to be carbon neutral by 2050.

Hydrogen Offshore Production for Europe

Grant in 2023
Hydrogen Offshore Production for Europe's goal is to demonstrate the technical and economical feasibility of this offshore project, as well as pipeline transport for onshore clients.

Moldovan Railways

Grant in 2023
Moldovan Railways is the country's sole railway operator, responsible for passenger and cargo transportation as well as railway infrastructure maintenance.

HiJiffy

Grant in 2023
HiJiffy is a developer of an innovative guest communication platform that centralizes and automates hotel customer service activities. Used daily in over 1,400 hotels across 30 countries, the platform integrates advanced technology to streamline communication and enhance guest engagement. By utilizing artificial intelligence, HiJiffy enables hotels to provide personalized experiences and ensure instant responses 24/7, significantly increasing automation rates, which average around 80%. This robust solution not only improves customer satisfaction but also helps hotels attract younger generations and boost direct bookings, addressing the increasingly complex communication needs of guests.

Tachyum

Grant in 2023
Tachyum Inc. is a technology company based in Santa Clara, California, founded in 2016, that specializes in the development and manufacture of advanced processing chips. Its flagship product line, the Prodigy processors, includes models such as the T216, T432, T864, and TI6128. These processors are designed to optimize performance for data center operations, artificial intelligence, and high-performance computing workloads. By enabling hyper-scale data centers to function as low-cost, energy-efficient universal computing centers, Tachyum's technology significantly reduces operational costs—potentially by up to four times—saving customers substantial amounts annually. The company focuses on enhancing performance, power efficiency, and cost-effectiveness, thereby addressing the growing demands of big data analytics and large-scale computing.

NitroCapt

Grant in 2023
NitroCapt is a climate-tech company focused on producing green nitrogen fertilizers through an innovative chemical process known as SUNIFIX. This novel technology allows for the fixation of nitrogen from the air, resulting in climate-neutral fertilizers and nitric acid that are both sustainable and cost-effective. By offering a fossil-free alternative to traditional nitrogen fertilizers, NitroCapt aims to enhance agricultural productivity while promoting environmental sustainability. The company’s approach not only supports farmers in their transition to sustainable practices but also positions them for greater profitability compared to the use of fossil-based fertilizers.

ExoMatter

Grant in 2023
ExoMatter, established in 2022 as a spin-off from the German Aerospace Center and backed by Munich's UnternehmerTUM, specializes in a materials research and development platform. It leverages AI and extensive scientific data to provide clients, including major German enterprises like Audi, Infineon, and Airbus, with a tailored shortlist of the most promising materials for their specific applications. By considering a wide range of physical, chemical, engineering, sustainability, and cost attributes, ExoMatter helps these clients focus on the most viable materials candidates, accelerating their innovation processes.

Verne

Grant in 2023
Verne builds an ecosystem to progress society through a journey of curiosity and innovation. The company adopts an integrated approach, including vehicle design, infrastructure development, and the full digital experience. Verne is about moving forward together.

Ynsect

Series D in 2023
Ynsect is a biotechnology company based in Evry, France, that specializes in the production and processing of insects for sustainable animal feed and non-food applications. Founded in 2011, Ynsect operates insect vertical farms that convert insects into high-quality nutrition products, including proteins and lipids for livestock and pet diets. The company employs innovative bioconversion techniques to utilize organic resources, producing not only animal feed but also organic fertilizers, bioenergy, and other valuable materials. Ynsect's expertise in large-scale insect farming and automation has positioned it as a leading provider in the agro-food and environmental biotech sectors, making it a favored partner for agricultural professionals, research institutions, and investors.

Hamlet Pharma

Grant in 2023
Hamlet Pharma AB is a pharmaceutical company based in Lund, Sweden, focused on the research and development of innovative cancer therapies. The company is primarily developing HAMLET, a tumoricidal protein-lipid complex derived from two natural molecules found in human milk. This complex shows potential for treating various types of cancer, including colon, bladder, and cervical cancers, as well as primary and metastatic brain tumors. Hamlet Pharma is recognized for its strong connection to research and its commitment to utilizing natural and biological substances in its drug development efforts. The company operates as a subsidiary of Linnane Pharma AB.

Onalabs Inno-hub

Grant in 2023
Onalabs develops remote, continuous and non-invasive bio-medical devices to monitor through the skin and sweat several vital signs and some biomarkers. Onalabs is the first non-invasive device able to measure some chemical parameters present in sweat using miniaturised biosensors. Its non-invasive products based on wearable formats empower the patients and their families to measure relevant vital signs and biomarkers anytime and anywhere, allowing them to detect and monitor early stages of possible clinical deterioration, which could prelude in earlier management strategies, resulting in shorter hospital stays and prevention of unnecessary treatments. The solutions are addressed to chronic patients, such as COPD, HF and Diabetes.

NVision Imaging Technologies

Grant in 2023
NVision Imaging Technologies GmbH, founded in 2015 and based in Ulm, Germany, specializes in developing and commercializing innovative imaging and sensing applications grounded in quantum physics. The company has created a platform that polarizes natural metabolites, enabling their use as agents for imaging tumor metabolism through magnetic resonance imaging (MRI). This technology leverages advancements in quantum physics to transform the medical imaging and diagnostics landscape, allowing standard Magnetic Resonance Spectrometers to evaluate human metabolism. As a result, healthcare professionals can conduct advanced cancer diagnostics and monitor treatment responses in real-time, enhancing the precision and effectiveness of cancer care.

Fusion Fuel

Grant in 2023
Fusion Fuel Green PLC is a company based in Dublin, Ireland, specializing in the production of green hydrogen. Established in 2018, it operates primarily in Portugal, Southern Europe, and Morocco, offering innovative solutions through its direct coupled photoelectrochemical hydrogen generators that utilize solar concentrated photovoltaic technology to efficiently split water into hydrogen and oxygen. In addition to its hydrogen generation technology, Fusion Fuel provides remote tracking and monitoring services for green hydrogen plants and is involved in the development and operation of such facilities. Its services cater to a variety of sectors, including natural gas networks, ammonia production, oil refining, regulatory bodies, and other related entities, aligning with the global shift towards sustainable and clean energy solutions.

SafeToNet

Grant in 2023
SafeToNet is an AI-driven software designed to protect children on online messaging platforms while ensuring their privacy is maintained. The application helps children make safer online decisions by identifying threats or distress signals in their communications. When a child's safety status changes, the app promptly alerts parents through a Safety Indicator. It also automatically detects and blocks harmful messages and content, such as abuse, aggression, and cyberbullying. By focusing on safeguarding children from violence and antisocial behavior, SafeToNet provides a critical layer of security in the digital landscape, allowing children to navigate social media and networks with greater safety.

WeLinQ

Pre Seed Round in 2023
WeLinQ is a company specializing in quantum computing solutions. It focuses on developing memory systems designed to interconnect quantum processors, facilitating advanced quantum computing capabilities. The company's technology includes a full-stack quantum link that supports both multi-core and distributed quantum computing. Additionally, WeLinQ creates end-user-oriented algorithms tailored for these complex computing environments. Their work is pivotal for enabling entanglement-based networked quantum computing and long-distance quantum communications, providing essential assets for clients in the field of quantum technology.

Sono Motors

Grant in 2023
Sono Motors GmbH, founded in 2016 and based in Munich, Germany, specializes in solar-powered electric mobility solutions. The company designs and develops its first solar electric vehicle, the Sion, which features proprietary solar technology that allows for the integration of solar panels into the vehicle's bodywork. This innovation harnesses solar energy to charge the vehicle's battery, promoting sustainable transportation. In addition to the Sion, Sono Motors is working to incorporate its solar technology across various transportation models, including buses, trucks, and trailers, thereby enhancing range, reducing fuel costs, and lowering CO2 emissions. The company's commitment to climate-friendly mobility aims to facilitate the transition to a more sustainable future in the automotive sector. The Sion is expected to launch in Europe in 2024.

WeLinQ

Pre Seed Round in 2023
WeLinQ is an online platform that provides free consultation services and easy messaging with therapists. They provide a practical substitute for in-person therapy with advantages including anytime messaging, adaptable scheduling, simple therapist switching, and the capacity to take part in sessions from any location.

ExoMatter

Grant in 2023
ExoMatter, established in 2022 as a spin-off from the German Aerospace Center and backed by Munich's UnternehmerTUM, specializes in a materials research and development platform. It leverages AI and extensive scientific data to provide clients, including major German enterprises like Audi, Infineon, and Airbus, with a tailored shortlist of the most promising materials for their specific applications. By considering a wide range of physical, chemical, engineering, sustainability, and cost attributes, ExoMatter helps these clients focus on the most viable materials candidates, accelerating their innovation processes.

Innitius

Grant in 2022
Innitius specializes in developing diagnostic devices aimed at enhancing women's health, particularly in the context of preterm birth. Utilizing innovative torsional ultrasound technology, the company has created a patented intravaginal probe that transmits torsional waves to assess changes in tissue consistency. This technology enables medical practitioners to evaluate the risk of preterm birth and the likelihood of successful labor induction. By providing actionable diagnostics, Innitius helps healthcare providers accurately identify false indications of premature labor, thereby improving patient care and outcomes in obstetrics.

Everfuel

Grant in 2022
Everfuel Denmark A/S is a green hydrogen company based in Herning, Denmark, specializing in the production and sale of green hydrogen fuel across several European countries, including Denmark, Norway, Sweden, the Netherlands, Germany, and Belgium. Founded in 2017, the company serves a diverse range of applications, providing hydrogen fueling solutions for heavy-duty vehicles such as buses, trucks, and taxis, as well as marine vessels and private cars. Everfuel operates hydrogen production facilities, distribution networks, and fueling stations, ensuring accessibility for both mobility customers and industrial stakeholders involved in alternative hydrogen-based fuels and Power to X products. By collaborating with vehicle manufacturers, Everfuel aims to enhance the hydrogen value chain and offer competitive, long-term contracts to enterprise customers.

Ørsted

Grant in 2022
Ørsted is a Danish company specializing in the development and maintenance of offshore and onshore renewable energy farms, energy storage facilities, and bioenergy plants. Formerly known as DONG Energy, Ørsted has undergone a significant transformation over the past decade, committing to a vision of a world powered entirely by green energy. The company has dramatically reduced its coal consumption by 73% and aims to completely phase out coal by 2023. As a global leader in offshore wind, Ørsted holds a 25% market share, providing energy to approximately 9.5 million people. By the end of 2023, Ørsted operated 8.9 gigawatts of offshore wind capacity, with the United Kingdom being its largest market, followed by Germany and Denmark. The company is also expanding its presence outside Europe with projects in Taiwan and the United States, where it operates 4.8 gigawatts of onshore wind and solar assets. In addition to its renewable initiatives, Ørsted still engages in traditional utilities, including conventional power plants.

DRONAMICS

Grant in 2022
Dronamics is a developer of advanced unmanned aerial systems aimed at transforming airfreight logistics. By creating a new type of small, unmanned cargo airplane that is highly fuel-efficient, Dronamics aims to democratize shipping in emerging markets. The aircraft can transport payloads of 350 kilograms over distances of 2,500 kilometers at costs significantly lower than traditional air transport, reducing shipping expenses by over 50%. Designed for autonomous flight, the aircraft can be remotely monitored and managed via satellite, making it suitable for challenging delivery scenarios, including remote and mountainous regions. As the first and only Strategic Partner for drones recognized by IATA, Dronamics is positioned to make a substantial impact in the commercial logistics sector.

Neo Performance Materials

Grant in 2022
Neo Performance Materials is a leading supplier of advanced materials, specializing in the innovation, development, processing, and manufacturing of rare earth and rare metal-based functional materials. The company operates through several segments, including Magnequench, which produces magnetic powders for neodymium-iron-boron magnets, and Chemicals & Oxides, which offers a diverse range of industrial materials. Additionally, the Rare Metals segment focuses on the production of specialty metals and their compounds, such as tantalum, niobium, hafnium, rhenium, gallium, and indium. With state-of-the-art processing and manufacturing facilities, Neo Performance Materials serves various sectors by providing high-performance engineered materials that meet demanding product specifications. The company has a global presence, with operations across Asia, North America, and Europe.

Hermix - public sector sales analytics

Grant in 2022
Hermix is the first marketing analytics platform for the public sector. We help companies win public contracts, with tender monitoring, market intelligence, and proposal automation. Big data is already used heavily in retail, consumer, B2C/B2B. Hermix brings B2G Business-to-Government to the 21st century: • Tender monitoring, email notifications. * Automated tender summaries and proposal generation. • Opportunity qualification: budgets, competition, gaps. • Deep market intelligence: where are the money, who buys & sells, what, when, where, how. We boost public sector sales.

ORamaVR

Seed Round in 2022
ORamaVR is a pioneering company focused on transforming medical training through virtual reality (VR) technology. It offers an innovative IT platform, MAGES-SDK, that enables medical organizations to create high-fidelity VR simulations for training purposes at significantly reduced costs and time compared to traditional methods. These simulations are utilized by hospitals, medical schools, and training centers to effectively train and assess medical professionals. The platform's efficacy is supported by numerous clinical trials and scientific publications, with endorsements from prestigious institutions such as the USC Keck School of Medicine, NYU Langone Medical School, and the University of Geneva. ORamaVR has received multiple international awards for its societal impact and has established partnerships with notable organizations, including Airbus and Microsoft. The company has also secured significant venture capital funding from strategic investors, enhancing its position in the field of medical VR training.

FORVIA

Grant in 2022
FORVIA is an automotive technology group based in Nanterre, France, specializing in vehicle interiors and emission control technologies aimed at promoting sustainable mobility. Founded in 1997, the company collaborates closely with automakers to develop vehicles that are cleaner, lighter, more comfortable, and highly customizable. Through its innovative solutions, FORVIA seeks to enhance the driving experience while addressing environmental challenges in the automotive industry.

Be Charge

Grant in 2022
Be Charge is developing one of Italy's largest and most extensive public infrastructure networks for electric vehicles.

MagnoTherm

Grant in 2022
MagnoTherm, founded in 2019 and headquartered in Darmstadt, Germany, specializes in innovative magnetic cooling and heating technologies. With a team of over 40 experts in magnetocaloric materials, the company is committed to addressing the climate crisis by revolutionizing the cooling industry, which accounts for approximately 7% of global CO2 emissions. MagnoTherm's technology offers an alternative to traditional gas compression systems, boasting up to 30% greater energy efficiency while being non-explosive, non-flammable, and requiring low maintenance. The company aims to meet the increasing demand for sustainable and cost-effective cooling solutions, providing a viable pathway for policymakers to transition from outdated gas compression methods that have remained unchanged for nearly two centuries.

Codean

Grant in 2022
Codean is a developer of a specialized security review system that enhances the efficiency of security experts in identifying software vulnerabilities. Its platform serves as a tailored environment for security reviews, equipped with features that streamline the review process, such as tracking reviewed elements, performing symbiotic taint analysis, and simplifying report generation. By automating mundane analysis tasks, Codean enables security analysts to focus on critical vulnerability detection, effectively doubling their productivity for certain tasks. The company also employs a team of security analysts who conduct penetration tests and continuous security reviews, providing valuable feedback to refine their product. Since its establishment, Codean has transitioned its review environment into a SaaS offering, catering to security experts, ethical hackers, and anyone seeking to enhance their ability to uncover code vulnerabilities efficiently.

LiveEO

Series B in 2022
LiveEO GmbH is a technology company based in Berlin, Germany, specializing in real-time earth observation applications that integrate satellite imagery and geolocation services. Founded in 2017, LiveEO provides a range of insights-as-a-service solutions aimed at large-scale infrastructure monitoring across various sectors, including railways, power lines, and pipelines. The company's innovative use of artificial intelligence and satellite data allows for effective monitoring of ground movement, vegetation management, and deforestation. By delivering actionable insights, LiveEO enhances operational efficiency and safety, helping clients mitigate risks and manage their assets sustainably. Through its advanced technology, LiveEO is setting new standards in infrastructure management and redefining industry practices worldwide.

Myelo Therapeutics

Grant in 2022
Myelo Therapeutics GmbH is a Berlin-based biotechnology company founded in 2013, specializing in the development of innovative chemotherapeutic agents aimed at addressing critical medical needs related to cancer treatment. The company's primary product, myelo001, is a small molecule designed to act as both a prophylactic and therapeutic agent against chemotherapy-induced myelosuppression, radiation-induced myelosuppression, and acute radiation syndrome. By targeting hematogenesis, myelo001 aims to mitigate the adverse effects of chemotherapy and radiation therapies in cancer patients, thereby enhancing their quality of life and treatment outcomes. Myelo Therapeutics is committed to advancing research and development in the field of medical countermeasures, particularly in scenarios involving nuclear incidents.

Einbliq.io

Grant in 2022
Einbliq.io is a developer of an insights and automation platform designed to enhance the operation of cost-effective and energy-efficient streaming services for content providers and broadcasters. The company's highly scalable software-as-a-service (SaaS) solution integrates seamlessly into existing systems, allowing customers to identify and resolve anomalies swiftly. By utilizing real-time analytics, Einbliq.io's platform optimizes the allocation of individual streaming clients to the most suitable content delivery network (CDN), thereby reducing operational, maintenance, and support costs. The company's focus on three key performance indicators—quality, cost, and energy—enables improved stability, resilience, and efficiency in content delivery, ultimately enhancing user satisfaction and reducing churn for its clients in the media and entertainment sector.

Geopyörä Oy

Grant in 2022
Geopyörä is the state of the art in rock breakage characterization testing and it was developed to allow mining companies to test several samples at low cost for geometallurgical, comminution design and control applications

Euformatics

Grant in 2022
Euformatics develops advanced bioinformatics tools aimed at enhancing the interpretation and management of genomic data. The company's products streamline the processes of test optimization, familiarization, and validation for medical professionals and molecular genetics laboratories. By offering comprehensive insights into cancer-relevant genomics and mutations through a single test, Euformatics supports improved cancer diagnostics, thereby facilitating personalized treatment approaches for patients. Their solutions are designed to contribute to precision medicine in both cancer and a variety of common and rare diseases.

Oryzon Genomics

Grant in 2022
Oryzon Genomics S.A. is a clinical phase biopharmaceutical company based in Cornellà de Llobregat, Spain, specializing in the discovery and development of epigenetics-based therapeutics for cancer and central nervous system (CNS) disorders. The company is focused on developing targeted therapies, and its clinical pipeline includes iadademstat, a selective LSD1 inhibitor currently in Phase II trials for oncology, and vafidemstat, a CNS-optimized LSD1 inhibitor also in Phase II trials for neurological diseases. Additionally, Oryzon is advancing ORY-3001, a selective LSD1 inhibitor in preclinical development aimed at treating non-oncological conditions, alongside other compounds at various stages of development. Founded in 2000, Oryzon leverages its epigenetic platform to identify biomarkers and therapeutic targets, fostering the creation of personalized medicine.

Alkion BioInnovations

Grant in 2022
Alkion BioInnovations, established in March 2017, focuses on the development of innovative cannabinoid and pharmaceutical active pharmaceutical ingredients (APIs) through large-scale plant tissue production. The company employs proprietary semi-industrial technologies to produce natural plant active ingredients aimed at the pharmaceutical and agri-food markets. In addition to its work with cannabinoids, Alkion is also developing a novel plant-based high-intensity protein sweetener as a sugar replacement. The company has received numerous research and development grants and accolades, underscoring its commitment to advancing disruptive nutrition, non-cosmetic oils, and agrochemicals derived from plant sources.

Lapsi Health

Grant in 2022
Lapsi Health is a biotechnology company based in Amsterdam, Noord-Holland, established in January 2022. The company is dedicated to developing innovative biomarker technology that leverages sound as a diagnostic signal in clinical medicine. By focusing on the analysis of audio and photo-sensor data, Lapsi Health aims to enhance the healthcare sector's ability to screen and monitor a variety of disorders. Through its cutting-edge technology, the company seeks to improve data utilization in medicine, ultimately contributing to more effective disease management and treatment.
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