European Innovation Council

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

David Malo Jean

Director

Past deals in Romania

.Lumen

Venture Round in 2025
Dotlumen is a research startup founded in 2020 and based in Cluj, Romania, focused on enhancing the quality of life for visually impaired individuals. The company develops innovative glasses equipped with a sensory and feedback system that aids users in navigating their environments. By leveraging advancements in artificial intelligence, robotics, and neuroscience, Dotlumen aims to empower blind individuals to better understand and interact with the world around them.

.Lumen

Venture Round in 2024
Dotlumen is a research startup founded in 2020 and based in Cluj, Romania, focused on enhancing the quality of life for visually impaired individuals. The company develops innovative glasses equipped with a sensory and feedback system that aids users in navigating their environments. By leveraging advancements in artificial intelligence, robotics, and neuroscience, Dotlumen aims to empower blind individuals to better understand and interact with the world around them.

AMSIMCEL

Seed Round in 2022
AMSIMCEL is a deep tech company based in Bucharest, founded in 2017, that specializes in developing advanced computing software for the semiconductor industry. The firm focuses on creating a Physical Verification framework powered by GPU technology, which enhances the efficiency of integrated circuits (IC) verification processes. By integrating advanced parallel computing and automating circuit verification, AMSIMCEL aims to accelerate machine simulations and improve design methodologies for complex projects. The company's innovations are intended to support clients in expediting their IC design and verification processes while ensuring the delivery of custom intellectual property and high-quality, bug-free silicon.

AMSIMCEL

Grant in 2022
AMSIMCEL is a deep tech company based in Bucharest, founded in 2017, that specializes in developing advanced computing software for the semiconductor industry. The firm focuses on creating a Physical Verification framework powered by GPU technology, which enhances the efficiency of integrated circuits (IC) verification processes. By integrating advanced parallel computing and automating circuit verification, AMSIMCEL aims to accelerate machine simulations and improve design methodologies for complex projects. The company's innovations are intended to support clients in expediting their IC design and verification processes while ensuring the delivery of custom intellectual property and high-quality, bug-free silicon.

.Lumen

Venture Round in 2021
Dotlumen is a research startup founded in 2020 and based in Cluj, Romania, focused on enhancing the quality of life for visually impaired individuals. The company develops innovative glasses equipped with a sensory and feedback system that aids users in navigating their environments. By leveraging advancements in artificial intelligence, robotics, and neuroscience, Dotlumen aims to empower blind individuals to better understand and interact with the world around them.

.Lumen

Grant in 2021
Dotlumen is a research startup founded in 2020 and based in Cluj, Romania, focused on enhancing the quality of life for visually impaired individuals. The company develops innovative glasses equipped with a sensory and feedback system that aids users in navigating their environments. By leveraging advancements in artificial intelligence, robotics, and neuroscience, Dotlumen aims to empower blind individuals to better understand and interact with the world around them.

SVELTE

Grant in 2020
SVELTE is a Romanian company based in Brașov that specializes in the development and manufacturing of advanced industrial machines designed for producing intricate precast foamwork and topologically optimized construction elements. The company focuses on creating innovative solutions that enable faster production of freeform architectural surfaces compared to traditional methods. SVELTE's machinery serves as molds for casting concrete panels and can be coated with various materials to produce double-curved facade panels. Additionally, these frameworks can be integrated into construction surfaces that do not serve a structural function, providing constructors with access to efficient and sustainable design options for a wide range of architectural applications.

SVELTE

Venture Round in 2020
SVELTE is a Romanian company based in Brașov that specializes in the development and manufacturing of advanced industrial machines designed for producing intricate precast foamwork and topologically optimized construction elements. The company focuses on creating innovative solutions that enable faster production of freeform architectural surfaces compared to traditional methods. SVELTE's machinery serves as molds for casting concrete panels and can be coated with various materials to produce double-curved facade panels. Additionally, these frameworks can be integrated into construction surfaces that do not serve a structural function, providing constructors with access to efficient and sustainable design options for a wide range of architectural applications.
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