European Innovation Council

The European Innovation Council (EIC), established in 2020 and headquartered in Brussels, Belgium, is dedicated to supporting high-potential innovators, entrepreneurs, small enterprises, and researchers. Its primary focus is on fostering early-stage startups that demonstrate significant environmental, social, and governance (ESG) impacts. The EIC collaborates with private investors to co-invest in ventures, particularly within the deep technology sector, aiming to drive innovation and sustainable development across Europe. By providing financial backing and resources, the EIC seeks to enhance the growth potential of promising startups and contribute to a more innovative and competitive European economy.

David Malo Jean

Director

Past deals in Augmented Reality

Basemark

Series B in 2024
Basemark Oy is a technology company based in Espoo, Finland, specializing in performance measurement and augmented reality software for various industries, particularly in automotive applications. Founded in 2015, Basemark develops a suite of benchmarking tools that include Basemark ES 3.1 for graphics performance comparisons, Basemark OS II for system-level performance assessment of smartphones and tablets across multiple platforms, and Basemark X for evaluating gaming and graphics performance. Additionally, it offers Browsermark, which tests browser performance on a range of devices, and Basemark CL for measuring OpenCL implementations. In the automotive sector, Basemark provides a comprehensive suite of augmented reality development tools, enabling original equipment manufacturers and suppliers to create and deploy advanced AR applications for vehicle functions. These tools encompass features such as augmented reality navigation, head-up displays, and AI-based spatial computing, enhancing safety and performance in software-defined vehicles.

Arspectra

Grant in 2022
Arspectra is a medical technology firm that focuses on unique augmented reality solutions for the healthcare industry.

BlinkIn

Grant in 2022
BlinkIN is a technology company that has developed a smart visual assistant to enhance customer support through augmented reality and artificial intelligence. Its primary product, a visual bot, functions as a virtual troubleshooting guide, enabling users to show their devices or machines via smartphone. The bot then provides step-by-step instructions on-screen to resolve technical issues, ensuring accuracy at each stage. In addition to this, BlinkIN offers a service called BlinkIN Expert, which allows customers to connect with specialists or local technicians through a simple SMS link, eliminating the need for installation. By transforming traditional audio tech support calls into more intuitive visual interactions, BlinkIN aims to improve the efficiency of customer support processes while reducing the need for on-site dispatches.

Augmedit

Grant in 2022
At Augmedit, we're at the forefront of medical technology, where the power of augmented reality (AR) and extended Reality (XR) converge to transform the way surgeons and healthcare professionals operate and educate. Picture a world where surgeons effortlessly craft patient holograms with a few clicks, opening new avenues of patient engagement and communication. Our groundbreaking XR solutions bridge the gap between medical professionals and patients, offering a new dimension in healthcare communication. Envision patients and surgeons exploring and discussing their medical conditions and treatment options in an entirely immersive way. Or imagine pre-surgical planning collaborations between peers and colleagues... But that is just the beginning. At Augmedit, we believe in pushing the boundaries of what's possible by redefining neurosurgery with XR solutions designed to conquer neuro-navigation challenges within the operating room. Our commitment to medical innovation knows no bounds.

AugmedIT B.V.

Grant in 2022
AugmedIT B.V. is a medical software company founded in 2018 and located in Amsterdam, the Netherlands. The company specializes in developing augmented and mixed reality tools that enhance surgical procedures by enabling surgeons to create holograms of patients. AugmedIT's technology focuses on applications in neurosurgery, medical education, holographic visualization, and neuronavigation, aiming to improve precision and outcomes in medical practice through innovative visualization techniques.

Spika Tech

Grant in 2021
Spika Tech is a technology-focused company based in Madrid, Spain, founded in 2015. It specializes in research and development, providing comprehensive support for projects in various technological sectors. The company offers a wide range of services, including virtual and augmented reality, the development of complex software applications, and artificial intelligence solutions. Additionally, Spika Tech assists clients with branding and design needs, such as creating logos, corporate identities, presentations, websites, applications, and online stores. By leveraging the latest techniques in design and programming, Spika Tech aims to enhance the quality and effectiveness of its clients' development processes.

Spika Tech

Venture Round in 2021
Spika Tech is a technology-focused company based in Madrid, Spain, founded in 2015. It specializes in research and development, providing comprehensive support for projects in various technological sectors. The company offers a wide range of services, including virtual and augmented reality, the development of complex software applications, and artificial intelligence solutions. Additionally, Spika Tech assists clients with branding and design needs, such as creating logos, corporate identities, presentations, websites, applications, and online stores. By leveraging the latest techniques in design and programming, Spika Tech aims to enhance the quality and effectiveness of its clients' development processes.

Lightspace Labs

Grant in 2020
Lightspace Technologies SIA specializes in the development of advanced optical solutions and technologies for augmented reality (AR) and virtual reality (VR) displays. Incorporated in 2014 and based in Mārupe, Latvia, the company focuses on creating multifocal, accommodating AR headsets and future glasses-free 3D image displays. Their portfolio includes innovative products such as a multilayer liquid crystal switching diffuser, VR/AR near-eye display architecture, and a unity 3D rendering software plugin designed for volumetric displays. Lightspace's volumetric 3D monitor is particularly significant in sectors like medicine and security, providing real-time 3D displays with optically deep images. This technology facilitates applications such as three-dimensional microscopy, image-guided surgery, and diagnostics, enhancing both image quality and eye comfort for professionals across various fields. Recognized as a leading contributor to volumetric 3D display technologies, Lightspace continues to advance optical reality solutions by reducing the optical hardware requirements for light field display technology significantly.

Lightspace Labs

Venture Round in 2020
Lightspace Technologies SIA specializes in the development of advanced optical solutions and technologies for augmented reality (AR) and virtual reality (VR) displays. Incorporated in 2014 and based in Mārupe, Latvia, the company focuses on creating multifocal, accommodating AR headsets and future glasses-free 3D image displays. Their portfolio includes innovative products such as a multilayer liquid crystal switching diffuser, VR/AR near-eye display architecture, and a unity 3D rendering software plugin designed for volumetric displays. Lightspace's volumetric 3D monitor is particularly significant in sectors like medicine and security, providing real-time 3D displays with optically deep images. This technology facilitates applications such as three-dimensional microscopy, image-guided surgery, and diagnostics, enhancing both image quality and eye comfort for professionals across various fields. Recognized as a leading contributor to volumetric 3D display technologies, Lightspace continues to advance optical reality solutions by reducing the optical hardware requirements for light field display technology significantly.

CREAL

Grant in 2019
CREAL is a technology company focused on developing advanced near-eye light-field display systems designed to enhance the experience of virtual and mixed reality. Its innovative display technology projects realistic, hologram-like three-dimensional images that provide accurate depth cues for each eye. This approach aims to alleviate common issues associated with current headsets, such as eye strain, nausea, and discomfort, while maintaining a compact design and straightforward manufacturing process. By prioritizing user comfort and immersion, CREAL's solutions enable extended and enjoyable interactions with virtual objects, particularly in personal spaces.

Ladimo

Grant in 2019
LaDiMo Oy, founded in 2015 and based in Espoo, Finland, specializes in developing the Ladimo Smarter Vision technology, a real-time 3D point cloud acquisition solution. The company builds upon innovative technology initially created at Aalto University in 2012 by Jorma Palmén. By integrating photogrammetry, laser technology, and mathematical modeling, Ladimo offers a novel approach to generating high-precision point cloud data. This technology is particularly applicable in machine vision fields, including collaborative robots, industrial automation, automated guided vehicles, and various virtual, augmented, and mixed reality applications.
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