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 Consumer Electronics

FaradaIC Sensors

Seed Round in 2025
FaradaIC Sensors focuses on developing miniaturized gas sensors aimed at enhancing dioxygen detection capabilities for electronic devices. By employing standard microfabrication techniques, the company effectively reduces both the size and power consumption of its sensors, leading to lower production costs. This innovative approach allows for the commoditization of gas sensors, making them accessible and affordable for a variety of Internet of Things applications. FaradaIC Sensors is positioned to capitalize on the growing demand for flexible and cost-effective gas sensing solutions in the expanding IoT market.

Lotus Microsystems

Series A in 2023
Lotus Microsystems offers miniaturized highly integrated point of load power converters. The devices are engineered for portable electronics manufacturers ready for usage whenever tiny power supply units are needed. Our devices offer up to 72% reduction in footprint compared to existing solutions with higher efficiency and reliability. Our plug and play solutions enable our customers to innovate their electronics without worrying about power supply units.

Qurv

Grant in 2023
Qurv, established in 2020, specializes in developing advanced image sensor technologies and integrated solutions. The company's core business is enabling next-generation computer vision applications, catering to the growing demands of autonomous and intelligent systems. Qurv's innovative technology, built on over eight years of research, leverages current CMOS manufacturing and advanced materials to deliver high-performance, reliable, and functional solutions for XR devices, service robots, and automotive industries.

Dimenco

Venture Round in 2022
Dimenco develops and markets autostereoscopic 3D technology solutions. Founded in 2010, the company offers displays, components, software, content conversion services, and consultancy for professional and consumer applications.

Afon Technology

Grant in 2022
Afon Technology specializes in the development of non-invasive blood glucose monitoring devices aimed at benefiting individuals with diabetes. The company’s innovative technology allows for real-time, pain-free tracking of blood glucose levels, offering features such as continuous detection, potential pre-diabetic identification, and alarm alerts for high and low glucose levels. Users can access trend profiles and time-in-range statistics through a user-friendly app compatible with both iOS and Android systems. Additionally, Afon Technology’s device can transform any smartwatch into a glucose monitoring tool, providing fast and accurate measurements, data logging, and personalized health trends. This approach enhances daily management for diabetics, ultimately reducing the risk of diabetes-related complications.

FaradaIC Sensors

Pre Seed Round in 2022
FaradaIC Sensors focuses on developing miniaturized gas sensors aimed at enhancing dioxygen detection capabilities for electronic devices. By employing standard microfabrication techniques, the company effectively reduces both the size and power consumption of its sensors, leading to lower production costs. This innovative approach allows for the commoditization of gas sensors, making them accessible and affordable for a variety of Internet of Things applications. FaradaIC Sensors is positioned to capitalize on the growing demand for flexible and cost-effective gas sensing solutions in the expanding IoT market.

Dimenco

Grant in 2022
Dimenco develops and markets autostereoscopic 3D technology solutions. Founded in 2010, the company offers displays, components, software, content conversion services, and consultancy for professional and consumer applications.

FaradaIC Sensors

Grant in 2022
FaradaIC Sensors focuses on developing miniaturized gas sensors aimed at enhancing dioxygen detection capabilities for electronic devices. By employing standard microfabrication techniques, the company effectively reduces both the size and power consumption of its sensors, leading to lower production costs. This innovative approach allows for the commoditization of gas sensors, making them accessible and affordable for a variety of Internet of Things applications. FaradaIC Sensors is positioned to capitalize on the growing demand for flexible and cost-effective gas sensing solutions in the expanding IoT market.

PhoneOptika

Venture Round in 2022
PhoneOptika specializes in developing advanced optical film technology to enhance user experience and safety when interacting with digital displays on mobile devices.

Qarnot

Grant in 2022
Founded in 2010, Qarnot is a French company that designs and develops innovative computing heaters, embedding microprocessors as heat sources connected to the internet. These devices, known as Q.rad, provide economical and ecological cloud HPC solutions, repurposing server heat to warm buildings while offering affordable high-performance computing services.

PhoneOptika

Grant in 2022
PhoneOptika specializes in developing advanced optical film technology to enhance user experience and safety when interacting with digital displays on mobile devices.

Crocus Labs

Venture Round in 2022
Crocus Labs is a Berlin-based deep tech company specializing in advanced light engine technology. It develops energy-saving solutions for wellness, horticultural, and specialty lighting applications, aiming to bring its innovations to residential, commercial, and industrial spaces worldwide.

Crocus Labs

Grant in 2022
Crocus Labs is a Berlin-based deep tech company specializing in advanced light engine technology. It develops energy-saving solutions for wellness, horticultural, and specialty lighting applications, aiming to bring its innovations to residential, commercial, and industrial spaces worldwide.

Scrona

Grant in 2022
Scrona specializes in micro- and nanotechnology, focusing on simplifying these advanced fields for both consumers and industries. The company has developed a three-dimensional nano drip printing technology that facilitates rapid and cost-effective production. Scrona is centered on printhead development and collaborates with partners to provide comprehensive manufacturing equipment and next-generation products. This approach enables businesses to produce printed materials of high quality at reduced costs, thereby revolutionizing the landscape of micro- and nanofabrication.

Xsensio

Seed Round in 2021
Xsensio is a digital health company focused on revolutionizing healthcare monitoring. It specializes in developing a wearable, Lab-on-Skin© platform that continuously analyzes biochemical data from the skin's surface in real-time, offering unprecedented insights into health and wellness.

Wi Charge

Venture Round in 2021
Wi-Charge is a developer of safe and reliable wireless power solutions that can transmit energy over distances of 10 meters (30 feet) or more. Founded in 2010, the company's technology aims to eliminate the need for charging cables and batteries by providing seamless, continuous power to devices. This innovation addresses the growing inconvenience of frequent recharging or battery replacement in the digital era. Wi-Charge's solutions offer cost savings, hassle-free charging, and environmentally friendly energy use, enhancing ESG ratings. The technology is currently applied in smart retail and building environments, powering products like advertising displays and smart door locks. Future applications include wirelessly charging consumer devices such as laptops, tablets, cellphones, gaming controllers, handheld scanners, light EVs, and more. Wi-Charge's deep-tech solutions are based on breakthroughs in photonics and semiconductors, revolutionizing power transmission similar to how Wi-Fi transformed communications.

Lotus Microsystems

Grant in 2021
Lotus Microsystems offers miniaturized highly integrated point of load power converters. The devices are engineered for portable electronics manufacturers ready for usage whenever tiny power supply units are needed. Our devices offer up to 72% reduction in footprint compared to existing solutions with higher efficiency and reliability. Our plug and play solutions enable our customers to innovate their electronics without worrying about power supply units.

Oledcomm

Grant in 2021
Oledcomm designs and develops LiFi solutions that enable high-speed optical wireless data communication for aerospace and industrial markets. Its product portfolio includes LiFi transceivers, software, and LiFi network interface devices that convert information into binary data for fast, secure wireless transmission in telecom, datacom, consumer electronics, and industrial applications, especially where radio waves are undesirable. Founded in 2012 and based in Paris, France, the company was re-founded in 2020 by Benjamin Azoulay.

Oledcomm

Venture Round in 2021
Oledcomm designs and develops LiFi solutions that enable high-speed optical wireless data communication for aerospace and industrial markets. Its product portfolio includes LiFi transceivers, software, and LiFi network interface devices that convert information into binary data for fast, secure wireless transmission in telecom, datacom, consumer electronics, and industrial applications, especially where radio waves are undesirable. Founded in 2012 and based in Paris, France, the company was re-founded in 2020 by Benjamin Azoulay.

Multicharge

Venture Round in 2021
Multicharge is a British company specialising in products that make multiple charging simple.

Multicharge

Grant in 2021
Multicharge is a British company specialising in products that make multiple charging simple.

VoltAero

Grant in 2020
VoltAero designs and manufactures electric-hybrid regional aircraft that use parallel propulsion, combining an electric motor for low-emission operation with an internal combustion engine acting as a range extender and backup power. The aircraft are intended for regional passenger transport, air taxi services, cargo delivery, and medical evacuation, offering a quieter, safer, and more energy-efficient alternative to traditional aircraft for short- to medium-range routes. Configurations are optimized for regional missions, balancing payload, range, and efficiency.

Mode Sensors

Venture Round in 2020
Mode Sensors AS is a digital healthcare company based in Trondheim, Norway, specializing in hydration monitoring technology. Founded in 2016, the company has developed innovative wearable solutions, notably its flagship product, Re:Balans®, which allows for real-time, non-invasive tracking of fluid balance. This technology is designed to assist healthcare providers in assessing patients' hydration status, enabling early intervention and improved health outcomes. Mode Sensors' solutions are applicable across various sectors, including healthcare, defense, and workforce safety, and they integrate with existing remote patient monitoring systems. By focusing on user-friendly design and continuous innovation, Mode Sensors aims to optimize hydration management and enhance overall well-being and performance in diverse environments.

Mode Sensors

Grant in 2020
Mode Sensors AS is a digital healthcare company based in Trondheim, Norway, specializing in hydration monitoring technology. Founded in 2016, the company has developed innovative wearable solutions, notably its flagship product, Re:Balans®, which allows for real-time, non-invasive tracking of fluid balance. This technology is designed to assist healthcare providers in assessing patients' hydration status, enabling early intervention and improved health outcomes. Mode Sensors' solutions are applicable across various sectors, including healthcare, defense, and workforce safety, and they integrate with existing remote patient monitoring systems. By focusing on user-friendly design and continuous innovation, Mode Sensors aims to optimize hydration management and enhance overall well-being and performance in diverse environments.

VoltAero

Venture Round in 2020
VoltAero designs and manufactures electric-hybrid regional aircraft that use parallel propulsion, combining an electric motor for low-emission operation with an internal combustion engine acting as a range extender and backup power. The aircraft are intended for regional passenger transport, air taxi services, cargo delivery, and medical evacuation, offering a quieter, safer, and more energy-efficient alternative to traditional aircraft for short- to medium-range routes. Configurations are optimized for regional missions, balancing payload, range, and efficiency.

Qarnot

Venture Round in 2020
Founded in 2010, Qarnot is a French company that designs and develops innovative computing heaters, embedding microprocessors as heat sources connected to the internet. These devices, known as Q.rad, provide economical and ecological cloud HPC solutions, repurposing server heat to warm buildings while offering affordable high-performance computing services.

Xsensio

Venture Round in 2020
Xsensio is a digital health company focused on revolutionizing healthcare monitoring. It specializes in developing a wearable, Lab-on-Skin© platform that continuously analyzes biochemical data from the skin's surface in real-time, offering unprecedented insights into health and wellness.

Xsensio

Grant in 2020
Xsensio is a digital health company focused on revolutionizing healthcare monitoring. It specializes in developing a wearable, Lab-on-Skin© platform that continuously analyzes biochemical data from the skin's surface in real-time, offering unprecedented insights into health and wellness.

ZUMA

Grant in 2020
ZUMA is an innovative company dedicated to the development of high-end mechatronic systems for the bicycle industry. With a strong foundation in research and industrial experience, the company focuses on addressing market-level challenges by enhancing bicycles with advanced features and capabilities. As the bicycle market shifts from purely mechanical models to integrated mechatronic systems, ZUMA aims to elevate the potential of bicycles for both leisure and transportation. The company specializes in the design and manufacture of reliable electronic chainring shifters that enable sequential operation and offer a wider range of transmissions with smaller jumps. Additionally, ZUMA produces a lightweight rear MTB cassette that enhances pedaling dynamics for cyclists. The ultimate goal is to establish ZUMA as a leading reference in the industry by offering unique and differentiated products.

Wi Charge

Wi-Charge is a developer of safe and reliable wireless power solutions that can transmit energy over distances of 10 meters (30 feet) or more. Founded in 2010, the company's technology aims to eliminate the need for charging cables and batteries by providing seamless, continuous power to devices. This innovation addresses the growing inconvenience of frequent recharging or battery replacement in the digital era. Wi-Charge's solutions offer cost savings, hassle-free charging, and environmentally friendly energy use, enhancing ESG ratings. The technology is currently applied in smart retail and building environments, powering products like advertising displays and smart door locks. Future applications include wirelessly charging consumer devices such as laptops, tablets, cellphones, gaming controllers, handheld scanners, light EVs, and more. Wi-Charge's deep-tech solutions are based on breakthroughs in photonics and semiconductors, revolutionizing power transmission similar to how Wi-Fi transformed communications.
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