Valdis Dombrovskis

Vice President

Pearse O'Donohue

Director for the Future Networks, DG CONNECT

Past deals in Electronics

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.

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.

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.

AEInnova

Series A in 2021
AEInnova, founded in 2014 within the Microelectronics Department of the Autonomous University of Barcelona, specializes in developing advanced battery-less and wireless devices for predictive maintenance, leveraging thermoelectric technology to harness waste heat from industrial processes. This innovative approach eliminates the need for traditional batteries, enabling the devices to operate autonomously and maintenance-free. The company's flagship product, InduEye, offers comprehensive monitoring capabilities, including vibration, steam trap, and thermal monitoring, while employing cutting-edge wireless standards like LoRaWAN and NB-IoT for low-latency communication. With a strong focus on sustainability, AEInnova has established a notable presence in various sectors, serving clients in oil and gas, aluminum, steel, and water treatment, among others. Their technology is supported by a robust cloud-based dashboard that features advanced data analytics and predictive maintenance tools. AEInnova has garnered recognition as a leading scale-up in the EU, receiving numerous awards for its innovative solutions and actively participating in significant EU R&D projects related to energy harvesting and IoT.

Lightricity

Grant in 2019
Lightricity’s mission is to enable a scalable and sustainable IoT by providing the world’s highest efficiency light energy harvesting technology and battery free IoT devices. Lightricity has unique indoor PV technology that is up to 6 x more efficient than the nearest commercially available competition under low light levels. This is available as PV component technology that enables powering of devices not previously possible or the reduction of the area of PV used on very small wireless devices. It is also available in our own battery free PV powered IoT tracker and sensor devices. Our technology enables IoT to really scale efficiently.

AEInnova

Grant in 2019
AEInnova, founded in 2014 within the Microelectronics Department of the Autonomous University of Barcelona, specializes in developing advanced battery-less and wireless devices for predictive maintenance, leveraging thermoelectric technology to harness waste heat from industrial processes. This innovative approach eliminates the need for traditional batteries, enabling the devices to operate autonomously and maintenance-free. The company's flagship product, InduEye, offers comprehensive monitoring capabilities, including vibration, steam trap, and thermal monitoring, while employing cutting-edge wireless standards like LoRaWAN and NB-IoT for low-latency communication. With a strong focus on sustainability, AEInnova has established a notable presence in various sectors, serving clients in oil and gas, aluminum, steel, and water treatment, among others. Their technology is supported by a robust cloud-based dashboard that features advanced data analytics and predictive maintenance tools. AEInnova has garnered recognition as a leading scale-up in the EU, receiving numerous awards for its innovative solutions and actively participating in significant EU R&D projects related to energy harvesting and IoT.

T.E. Laboratories (TelLab)

Grant in 2018
TelLab provides custom chemicals for pharmaceutical manufacturers, own-label chemical distributors, food and beverage companies, electronics and technology firms, industrial manufacturers, regulatory agencies, hospitals, and hospital labs.

AEInnova

Grant in 2018
AEInnova, founded in 2014 within the Microelectronics Department of the Autonomous University of Barcelona, specializes in developing advanced battery-less and wireless devices for predictive maintenance, leveraging thermoelectric technology to harness waste heat from industrial processes. This innovative approach eliminates the need for traditional batteries, enabling the devices to operate autonomously and maintenance-free. The company's flagship product, InduEye, offers comprehensive monitoring capabilities, including vibration, steam trap, and thermal monitoring, while employing cutting-edge wireless standards like LoRaWAN and NB-IoT for low-latency communication. With a strong focus on sustainability, AEInnova has established a notable presence in various sectors, serving clients in oil and gas, aluminum, steel, and water treatment, among others. Their technology is supported by a robust cloud-based dashboard that features advanced data analytics and predictive maintenance tools. AEInnova has garnered recognition as a leading scale-up in the EU, receiving numerous awards for its innovative solutions and actively participating in significant EU R&D projects related to energy harvesting and IoT.

PuzzlePhone

Grant in 2017
Circular Devices Ltd is a Finnish company focused on product innovation. Our flagship product: the PuzzleCompatible architecture can be reconfigured as a modular smartphone (www.puzzlephone.com), a modular IoT smart gateway (www.puzzleiot.com, website coming soon!), and many other electronics devices you can repair, upgrade, customize, and engineer. We build sustainable, upgradeable and repairable Circular Devices for a Circular Economy.

PuzzlePhone

Grant in 2015
Circular Devices Ltd is a Finnish company focused on product innovation. Our flagship product: the PuzzleCompatible architecture can be reconfigured as a modular smartphone (www.puzzlephone.com), a modular IoT smart gateway (www.puzzleiot.com, website coming soon!), and many other electronics devices you can repair, upgrade, customize, and engineer. We build sustainable, upgradeable and repairable Circular Devices for a Circular Economy.

Brolis Semiconductors

Grant in 2012
Brolis Semiconductors Ltd., founded in 2011 by the Vizbaras brothers, is a Lithuania-based company specializing in the design and manufacture of infrared laser diodes and electro-optic systems for a diverse range of applications, including defense, medical, research, and industrial sectors. The company has developed a state-of-the-art semiconductor device production facility that focuses on long-wavelength semiconductor light sources and molecular beam epitaxy services on various substrates. Brolis is recognized for its innovative non-invasive medical sensor technology, which monitors blood constituents by integrating proprietary light-source technology with photonic integrated circuits. This technology enables real-time monitoring of critical molecules, offering significant advancements in wearable devices for digital health and sports markets. With a strong intellectual property portfolio, including several patents, Brolis operates across three European locations: its headquarters and semiconductor facility in Vilnius, an integrated photonics R&D office in Ghent, Belgium, and a defense sales and assembly site in Larne, Northern Ireland. The company has continued to grow, employing over 40 personnel and expanding its product offerings in the semiconductor and photonics sectors.

Scale Nanotech

Scale Nanotech specializes in consulting and research and development services focused on nanotechnology. The company provides expertise in various areas, including nanomaterials such as graphene and two-dimensional materials, as well as electronics encompassing microelectromechanical systems (MEMS), lasers, and displays. Scale Nanotech also engages in the nanofabrication of devices like sensors and microdisplays, along with high-precision nano-characterization measurements and atomic simulations. By offering these services, the company aims to assist clients in accelerating their innovation processes while reducing costs, thereby enhancing their capabilities in extreme environments and advanced technological applications.
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