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

Candace Johnson

President

Past deals in Augmented Reality

Basemark

Series B in 2024
Basemark Oy is a company based in Espoo, Finland, specializing in performance measurement tools and services for various industries, including mobile devices and automotive applications. Founded in 2015, it provides a range of benchmarking tools such as Basemark ES 3.1 for graphics performance comparisons, Basemark OS II for system-level performance measurement across platforms like Android and iOS, and Basemark X for evaluating gaming and graphics performance. Additionally, Basemark offers Browsermark for testing browser performance on multiple devices, as well as Basemark CL for measuring OpenCL implementations. The company also focuses on augmented reality (AR) software for the automotive sector, enabling original equipment manufacturers (OEMs) to develop advanced AR applications for vehicle functions, including navigation and heads-up displays. Basemark's tools support both benchmarking and AR development, catering to the needs of device manufacturers and semiconductor companies.

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 developer of a smart visual assistant designed to enhance customer support through an innovative visual bot. This tool functions similarly to a virtual assistant, guiding users through technical troubleshooting by allowing them to show their devices via smartphone. It provides step-by-step solutions augmented on the user's screen while confirming the accuracy of each step. Additionally, BlinkIN offers BlinkIN Expert, a support tool that utilizes augmented reality and artificial intelligence to transform traditional audio tech support into a more interactive and efficient visual experience. This service connects experts with customers or local technicians through a simple SMS link, requiring no installation. By leveraging these technologies, BlinkIN aims to streamline customer support processes and reduce the need for in-person service dispatches.

AugmedIT B.V.

Grant in 2022
AugmedIT B.V. is a medical software company based in Amsterdam, the Netherlands, founded in 2018. The company focuses on developing augmented and mixed reality tools that enhance surgical procedures by enabling surgeons to create holograms of patients. AugmedIT specializes in applications related to neurosurgery, medical education, and holographic visualization, as well as neuronavigation. Through its innovative technology, the company aims to improve surgical precision and training in the medical field.

ARXUM

Grant in 2021
Blockchain meets industry - It is time for a new approach to manufacturing! Driven by Industry 4.0 ARXUM develops a worldwide production network for the supply chain. Manufacturers connected by ARXUM's protocol benefit from robust and secure connectivity, worldwide accessibility, and standardized production order protocol with rich data exchange. Based on Blockchain technology, ARXUM's decentralized production network outperforms today's infrastructure by driving down costs, increasing processing speeds and delivering end-to-end visibility into production fees, timing and delivery.

Spika Tech

Grant in 2021
Spika Tech is a Madrid-based company established in 2015, focused on research and development in the technological sector. The company provides a range of services aimed at assisting businesses with their projects, including virtual reality, augmented reality, complex software application development, and artificial intelligence. Additionally, Spika Tech specializes in 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 of development processes for its clients.

Spika Tech

Venture Round in 2021
Spika Tech is a Madrid-based company established in 2015, focused on research and development in the technological sector. The company provides a range of services aimed at assisting businesses with their projects, including virtual reality, augmented reality, complex software application development, and artificial intelligence. Additionally, Spika Tech specializes in 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 of development processes for its clients.

Aledia

Series D in 2020
Aledia SA specializes in the development and manufacturing of innovative light-emitting diodes (LEDs) utilizing a unique 3D architecture based on gallium-nitride-on-silicon microwires. Founded in 2011 and headquartered in Grenoble, France, with additional subsidiaries in Malacca, Malaysia, and Palo Alto, California, Aledia's technology employs standard 8-inch silicon wafers and existing fabrication processes, allowing for the production of LED chips at a significantly reduced cost compared to traditional planar designs. This technology supports a range of applications, including general lighting, automotive, and display technologies, specifically for mobile and microdisplays used in augmented and virtual reality environments. Aledia's focus on efficient, brighter, and cost-effective displays positions it as a key player in the LED market.

Lightspace Labs

Grant in 2020
LightSpace Technologies is 3D photonics and optical solutions company developing multi focal AR VR near eye 3D display and future glasses free light field and volumetric 3D display technologies. By numerous market analysts LightSpace Technologies has been recognized as market leading contributor of volumetric 3D display technologies. Company has invented new light field display technology that requires 10 times less optical hardware in comparison with existing solutions.

Lightspace Labs

Venture Round in 2020
LightSpace Technologies is 3D photonics and optical solutions company developing multi focal AR VR near eye 3D display and future glasses free light field and volumetric 3D display technologies. By numerous market analysts LightSpace Technologies has been recognized as market leading contributor of volumetric 3D display technologies. Company has invented new light field display technology that requires 10 times less optical hardware in comparison with existing solutions.

Aledia

Grant in 2020
Aledia SA specializes in the development and manufacturing of innovative light-emitting diodes (LEDs) utilizing a unique 3D architecture based on gallium-nitride-on-silicon microwires. Founded in 2011 and headquartered in Grenoble, France, with additional subsidiaries in Malacca, Malaysia, and Palo Alto, California, Aledia's technology employs standard 8-inch silicon wafers and existing fabrication processes, allowing for the production of LED chips at a significantly reduced cost compared to traditional planar designs. This technology supports a range of applications, including general lighting, automotive, and display technologies, specifically for mobile and microdisplays used in augmented and virtual reality environments. Aledia's focus on efficient, brighter, and cost-effective displays positions it as a key player in the LED market.

CREAL

Grant in 2019
CREAL specializes in the development of near-eye light-field display technology, aimed at enhancing the immersive experience in virtual and mixed reality environments. This innovative technology addresses common issues associated with current headsets, such as eye strain and discomfort, while maintaining a compact form factor and low manufacturing complexity. By projecting true hologram-like 3D images with accurate one-eye depth cues, CREAL's displays enable users to engage comfortably and enjoyably with virtual objects, particularly within their personal space. This advancement represents a significant step forward in creating more realistic and strain-free visual experiences in augmented and virtual reality.

Ladimo

Grant in 2019
Ladimo continues the R&D of the novel ladimo technology invented in Aalto University 2012 by Jorma Palmén. Ladimo is a new way to combine fotogrammetry, laser technology, and mathematical modeling to achieve real-time high precision point cloud data for machine vision applications, e.g. Collaborative Robots, Industrial Automation, Automated Guided Vehicles (AGV) and various VR/AR/MR applications.
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