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 Electric Vehicle

ION-X

Series A in 2024
ION-X develops electric propulsion technology for small spacecraft and satellites. It focuses on a nanoscience-based thruster that ejects fully ionized particles to produce thrust, offering long service life and high modularity. The technology aims for scalable manufacturing with competitive production costs suitable for mass production, enabling customers to access the expanding aerospace market and pursue efficient, reliable propulsion for small platforms.

Wattalps

Series A in 2024
Wattalps is a technology company specializing in the development of lithium power systems tailored for small and medium-scale applications. Their product portfolio focuses on affordability, passive safety measures, efficient cooling mechanisms, extended lifespan, and robust cell protection features. Wattalps aims to simplify integration into vehicles or charging stations by offering standard and modular products, thereby facilitating swift, efficient, and cost-effective adoption of electric vehicle technologies and sustainable transportation solutions.

Daze

Series A in 2024
Daze is an engineering startup focused on creating innovative solutions for electric vehicle charging. Its flagship product, DazePlug, is an automatic charging device that utilizes smart charging ecosystems and energy management systems. This technology enables automatic inductive charging, significantly reducing the time required to charge electric vehicles while eliminating the need for manual handling of cables. DazePlug features a retrofit design that is both waterproof and dustproof, ensuring durability and ease of use. By simplifying the charging process, Daze aims to enhance user experience and convenience for electric vehicle owners.

Heart Aerospace

Series B in 2024
Heart Aerospace AB, established in 2018 with headquarters in Gothenburg, Sweden, and operations in Palo Alto, California, specializes in developing electric regional airliners certified for passenger flight. The company's mission is to facilitate swift, affordable, and sustainable travel for regional journeys worldwide. Their flagship aircraft, the ES-19, is a nineteen-passenger electric airliner designed with an operating range of 400 km, aiming to reduce fuel and maintenance costs compared to traditional aircraft while emitting zero operational emissions. Heart Aerospace targets commercial operation certification for the ES-19 by 2026.

Swisspod Technologies

Grant in 2023
Founded in 2019, Swisspod Technologies specializes in designing and developing Hyperloop vessels for tube-based transportation systems. The company aims to create energy-efficient, fully-electric pods, harnessing high-quality Swiss engineering to facilitate sustainable and efficient high-speed travel between cities.

ONO

Convertible Note in 2023
Creating transformative change in urban mobility, making our cities cleaner and more enjoyable. We first focus on urban logistics, moving goods around the city in ways that are sustainable, efficient and cost-effective. Our vehicle and its modular platform system, with easily swappable modular units, meets the needs of city logistics. From moving food to flowers to furniture, the possibilities are endless. ONO’s founders, pioneer in e-mobility solutions, Beres Seelbach, former head of design at Mercedes and Volkswagen, Murat Günak, and light electric vehicle expert and engineer, Philipp Kahle, sought to rethink and reshape modern urban transportation. They put together a forward-thinking group of designers, engineers and creative thinkers who shared their vision of transforming urban mobility. ONO is a Berlin-based e-mobility company introducing a whole new category of emissions-free vehicle: the Pedal Assisted Transporter (PAT), combining the flexibility of a bicycle with the capacity and durability of a van. We offer environmentally friendly urban logistics solutions designed and optimised for cities of today.

Limatech

Convertible Note in 2023
Limatech designs and manufactures lithium-ion batteries for aviation, space, and defense applications, supplying power for general and commercial aviation as well as defense platforms. Its batteries are deployed across aircraft, drones, and related platforms, supporting startup and operation of piston and turbine engines through proprietary technology that prioritizes safety, reliability, and long life. The company emphasizes energy storage options that are more readily available than traditional lead and nickel-cadmium systems, delivering lightweight, durable, high-performance power sources for customers in aviation, space, and defense sectors.

Hardt Hyperloop

Venture Round in 2023
Hardt Hyperloop is a company dedicated to developing an innovative transportation system that enables emission-free travel over large distances. Originating from the winning team of the SpaceX Hyperloop Competition, it aims to create a hyperloop network that serves both passengers and freight efficiently. The hyperloop system designed by Hardt Hyperloop focuses on providing a safe, sustainable, and affordable mode of transport, allowing for rapid travel between network cities with minimal waiting times. By prioritizing accessibility and environmental responsibility, Hardt Hyperloop seeks to revolutionize global mobility and enhance connectivity for daily commuters.

Wattalps

Debt Financing in 2023
Wattalps is a technology company specializing in the development of lithium power systems tailored for small and medium-scale applications. Their product portfolio focuses on affordability, passive safety measures, efficient cooling mechanisms, extended lifespan, and robust cell protection features. Wattalps aims to simplify integration into vehicles or charging stations by offering standard and modular products, thereby facilitating swift, efficient, and cost-effective adoption of electric vehicle technologies and sustainable transportation solutions.

Daze

Convertible Note in 2022
Daze is an engineering startup focused on creating innovative solutions for electric vehicle charging. Its flagship product, DazePlug, is an automatic charging device that utilizes smart charging ecosystems and energy management systems. This technology enables automatic inductive charging, significantly reducing the time required to charge electric vehicles while eliminating the need for manual handling of cables. DazePlug features a retrofit design that is both waterproof and dustproof, ensuring durability and ease of use. By simplifying the charging process, Daze aims to enhance user experience and convenience for electric vehicle owners.

Maeve Aerospace

Pre Seed Round in 2022
Maeve Aerospace is a all-electric aircraft.

ONO

Series A in 2022
Creating transformative change in urban mobility, making our cities cleaner and more enjoyable. We first focus on urban logistics, moving goods around the city in ways that are sustainable, efficient and cost-effective. Our vehicle and its modular platform system, with easily swappable modular units, meets the needs of city logistics. From moving food to flowers to furniture, the possibilities are endless. ONO’s founders, pioneer in e-mobility solutions, Beres Seelbach, former head of design at Mercedes and Volkswagen, Murat Günak, and light electric vehicle expert and engineer, Philipp Kahle, sought to rethink and reshape modern urban transportation. They put together a forward-thinking group of designers, engineers and creative thinkers who shared their vision of transforming urban mobility. ONO is a Berlin-based e-mobility company introducing a whole new category of emissions-free vehicle: the Pedal Assisted Transporter (PAT), combining the flexibility of a bicycle with the capacity and durability of a van. We offer environmentally friendly urban logistics solutions designed and optimised for cities of today.

Maeve Aerospace

Grant in 2022
Maeve Aerospace is a all-electric aircraft.

Chassis Autonomy

Grant in 2022
Specialising in the design, development, and production of fail-operational steer-by-wire and brake-by-wire systems for L4 and L5 autonomous vehicles.

Evoy

Venture Round in 2022
Evoy is a Norwegian manufacturer of electric propulsion systems for speedboats, founded in 2018 and headquartered in Florø, Sogn og Fjordane. The company designs inboard and outboard electric motors that replace traditional diesel and gasoline engines, significantly lowering maintenance and operating costs. These electric systems operate silently, minimizing noise pollution in marine environments while providing strong performance and responsiveness. Evoy's innovative technology enables ferry and tour operators to meet sustainability goals and adhere to regulatory requirements, enhancing their operational efficiency and environmental impact.

Evoy

Grant in 2022
Evoy is a Norwegian manufacturer of electric propulsion systems for speedboats, founded in 2018 and headquartered in Florø, Sogn og Fjordane. The company designs inboard and outboard electric motors that replace traditional diesel and gasoline engines, significantly lowering maintenance and operating costs. These electric systems operate silently, minimizing noise pollution in marine environments while providing strong performance and responsiveness. Evoy's innovative technology enables ferry and tour operators to meet sustainability goals and adhere to regulatory requirements, enhancing their operational efficiency and environmental impact.

Octave

Grant in 2022
A sustainable, cost-effective and reliable energy storage system with second-life batteries from electric vehicles.

Daze

Seed Round in 2021
Daze is an engineering startup focused on creating innovative solutions for electric vehicle charging. Its flagship product, DazePlug, is an automatic charging device that utilizes smart charging ecosystems and energy management systems. This technology enables automatic inductive charging, significantly reducing the time required to charge electric vehicles while eliminating the need for manual handling of cables. DazePlug features a retrofit design that is both waterproof and dustproof, ensuring durability and ease of use. By simplifying the charging process, Daze aims to enhance user experience and convenience for electric vehicle owners.

Wattalps

Venture Round in 2021
Wattalps is a technology company specializing in the development of lithium power systems tailored for small and medium-scale applications. Their product portfolio focuses on affordability, passive safety measures, efficient cooling mechanisms, extended lifespan, and robust cell protection features. Wattalps aims to simplify integration into vehicles or charging stations by offering standard and modular products, thereby facilitating swift, efficient, and cost-effective adoption of electric vehicle technologies and sustainable transportation solutions.

Hardt Hyperloop

Funding Round in 2021
Hardt Hyperloop is a company dedicated to developing an innovative transportation system that enables emission-free travel over large distances. Originating from the winning team of the SpaceX Hyperloop Competition, it aims to create a hyperloop network that serves both passengers and freight efficiently. The hyperloop system designed by Hardt Hyperloop focuses on providing a safe, sustainable, and affordable mode of transport, allowing for rapid travel between network cities with minimal waiting times. By prioritizing accessibility and environmental responsibility, Hardt Hyperloop seeks to revolutionize global mobility and enhance connectivity for daily commuters.

Magment

Grant in 2021
Magment develops wireless charging solutions for electric vehicles using innovative magnetic materials. It focuses on creating robust, high-performance concrete containing recycled magnetic particles.

Lekatech

Venture Round in 2021
Lekatech specializes in advancing linear electric technology specifically for industrial hammering applications. The company manufactures electric hammering machines tailored for mining operations, positioning itself as a key player in the transition to electric-powered equipment in the industry. By focusing on direct electric driving, Lekatech aims to facilitate a shift towards more sustainable practices, helping businesses reduce their carbon footprint during mining processes. Its innovative linear motor technology is designed to serve various end products, promoting efficiency and environmental responsibility in industrial operations.

SciMo

Grant in 2021
SciMo provides electric motor services such as electromagnetic design, mechanical calculations, and motor prototype production. The company was founded in 2017 and is based in Karlsruhe, Baden-Württemberg.

BroadBit Batteries

Grant in 2021
BroadBit Batteries develops innovative sodium-based battery technologies for a sustainable future. Their novel chemistries enable rapid charging and high power output, targeting applications in electric vehicles, portable electronics, starter motors, and grid energy storage.

Lekatech

Grant in 2021
Lekatech specializes in advancing linear electric technology specifically for industrial hammering applications. The company manufactures electric hammering machines tailored for mining operations, positioning itself as a key player in the transition to electric-powered equipment in the industry. By focusing on direct electric driving, Lekatech aims to facilitate a shift towards more sustainable practices, helping businesses reduce their carbon footprint during mining processes. Its innovative linear motor technology is designed to serve various end products, promoting efficiency and environmental responsibility in industrial operations.

Heart Aerospace

Series A in 2021
Heart Aerospace AB, established in 2018 with headquarters in Gothenburg, Sweden, and operations in Palo Alto, California, specializes in developing electric regional airliners certified for passenger flight. The company's mission is to facilitate swift, affordable, and sustainable travel for regional journeys worldwide. Their flagship aircraft, the ES-19, is a nineteen-passenger electric airliner designed with an operating range of 400 km, aiming to reduce fuel and maintenance costs compared to traditional aircraft while emitting zero operational emissions. Heart Aerospace targets commercial operation certification for the ES-19 by 2026.

Hardt Hyperloop

Grant in 2021
Hardt Hyperloop is a company dedicated to developing an innovative transportation system that enables emission-free travel over large distances. Originating from the winning team of the SpaceX Hyperloop Competition, it aims to create a hyperloop network that serves both passengers and freight efficiently. The hyperloop system designed by Hardt Hyperloop focuses on providing a safe, sustainable, and affordable mode of transport, allowing for rapid travel between network cities with minimal waiting times. By prioritizing accessibility and environmental responsibility, Hardt Hyperloop seeks to revolutionize global mobility and enhance connectivity for daily commuters.

SAS SABI AGRI

Grant in 2021
Founded in 2017, SAS SABI AGRI specializes in designing and manufacturing electric tractors for diverse agricultural projects such as market gardening, livestock farming, field crops, vine-growing, and arboriculture.

Limatech

Seed Round in 2021
Limatech designs and manufactures lithium-ion batteries for aviation, space, and defense applications, supplying power for general and commercial aviation as well as defense platforms. Its batteries are deployed across aircraft, drones, and related platforms, supporting startup and operation of piston and turbine engines through proprietary technology that prioritizes safety, reliability, and long life. The company emphasizes energy storage options that are more readily available than traditional lead and nickel-cadmium systems, delivering lightweight, durable, high-performance power sources for customers in aviation, space, and defense sectors.

Daze

Venture Round in 2020
Daze is an engineering startup focused on creating innovative solutions for electric vehicle charging. Its flagship product, DazePlug, is an automatic charging device that utilizes smart charging ecosystems and energy management systems. This technology enables automatic inductive charging, significantly reducing the time required to charge electric vehicles while eliminating the need for manual handling of cables. DazePlug features a retrofit design that is both waterproof and dustproof, ensuring durability and ease of use. By simplifying the charging process, Daze aims to enhance user experience and convenience for electric vehicle owners.

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.

ONO

Series A in 2020
Creating transformative change in urban mobility, making our cities cleaner and more enjoyable. We first focus on urban logistics, moving goods around the city in ways that are sustainable, efficient and cost-effective. Our vehicle and its modular platform system, with easily swappable modular units, meets the needs of city logistics. From moving food to flowers to furniture, the possibilities are endless. ONO’s founders, pioneer in e-mobility solutions, Beres Seelbach, former head of design at Mercedes and Volkswagen, Murat Günak, and light electric vehicle expert and engineer, Philipp Kahle, sought to rethink and reshape modern urban transportation. They put together a forward-thinking group of designers, engineers and creative thinkers who shared their vision of transforming urban mobility. ONO is a Berlin-based e-mobility company introducing a whole new category of emissions-free vehicle: the Pedal Assisted Transporter (PAT), combining the flexibility of a bicycle with the capacity and durability of a van. We offer environmentally friendly urban logistics solutions designed and optimised for cities of today.

Heart Aerospace

Grant in 2020
Heart Aerospace AB, established in 2018 with headquarters in Gothenburg, Sweden, and operations in Palo Alto, California, specializes in developing electric regional airliners certified for passenger flight. The company's mission is to facilitate swift, affordable, and sustainable travel for regional journeys worldwide. Their flagship aircraft, the ES-19, is a nineteen-passenger electric airliner designed with an operating range of 400 km, aiming to reduce fuel and maintenance costs compared to traditional aircraft while emitting zero operational emissions. Heart Aerospace targets commercial operation certification for the ES-19 by 2026.

Wattalps

Venture Round in 2020
Wattalps is a technology company specializing in the development of lithium power systems tailored for small and medium-scale applications. Their product portfolio focuses on affordability, passive safety measures, efficient cooling mechanisms, extended lifespan, and robust cell protection features. Wattalps aims to simplify integration into vehicles or charging stations by offering standard and modular products, thereby facilitating swift, efficient, and cost-effective adoption of electric vehicle technologies and sustainable transportation solutions.

Wattalps

Grant in 2020
Wattalps is a technology company specializing in the development of lithium power systems tailored for small and medium-scale applications. Their product portfolio focuses on affordability, passive safety measures, efficient cooling mechanisms, extended lifespan, and robust cell protection features. Wattalps aims to simplify integration into vehicles or charging stations by offering standard and modular products, thereby facilitating swift, efficient, and cost-effective adoption of electric vehicle technologies and sustainable transportation solutions.

ONO

Grant in 2020
Creating transformative change in urban mobility, making our cities cleaner and more enjoyable. We first focus on urban logistics, moving goods around the city in ways that are sustainable, efficient and cost-effective. Our vehicle and its modular platform system, with easily swappable modular units, meets the needs of city logistics. From moving food to flowers to furniture, the possibilities are endless. ONO’s founders, pioneer in e-mobility solutions, Beres Seelbach, former head of design at Mercedes and Volkswagen, Murat Günak, and light electric vehicle expert and engineer, Philipp Kahle, sought to rethink and reshape modern urban transportation. They put together a forward-thinking group of designers, engineers and creative thinkers who shared their vision of transforming urban mobility. ONO is a Berlin-based e-mobility company introducing a whole new category of emissions-free vehicle: the Pedal Assisted Transporter (PAT), combining the flexibility of a bicycle with the capacity and durability of a van. We offer environmentally friendly urban logistics solutions designed and optimised for cities of today.

Aviloo

Grant in 2020
Aviloo is a developer of advanced battery monitoring systems focused on electric vehicles. The company provides a solution that assesses the health and performance of vehicle batteries by independently testing battery cells under extreme conditions. This analysis generates a comprehensive Battery Certificate, which includes an independent rating of the battery's condition. By delivering transparent insights into battery performance, Aviloo enables clients to make informed decisions regarding the resale value of electric vehicles. The company's mission contributes to the goal of achieving an emission-free transportation system by enhancing the reliability and understanding of electric vehicle batteries.

Evoy

Grant in 2020
Evoy is a Norwegian manufacturer of electric propulsion systems for speedboats, founded in 2018 and headquartered in Florø, Sogn og Fjordane. The company designs inboard and outboard electric motors that replace traditional diesel and gasoline engines, significantly lowering maintenance and operating costs. These electric systems operate silently, minimizing noise pollution in marine environments while providing strong performance and responsiveness. Evoy's innovative technology enables ferry and tour operators to meet sustainability goals and adhere to regulatory requirements, enhancing their operational efficiency and environmental impact.

Aviloo

Venture Round in 2020
Aviloo is a developer of advanced battery monitoring systems focused on electric vehicles. The company provides a solution that assesses the health and performance of vehicle batteries by independently testing battery cells under extreme conditions. This analysis generates a comprehensive Battery Certificate, which includes an independent rating of the battery's condition. By delivering transparent insights into battery performance, Aviloo enables clients to make informed decisions regarding the resale value of electric vehicles. The company's mission contributes to the goal of achieving an emission-free transportation system by enhancing the reliability and understanding of electric vehicle batteries.

Evoy

Venture Round in 2020
Evoy is a Norwegian manufacturer of electric propulsion systems for speedboats, founded in 2018 and headquartered in Florø, Sogn og Fjordane. The company designs inboard and outboard electric motors that replace traditional diesel and gasoline engines, significantly lowering maintenance and operating costs. These electric systems operate silently, minimizing noise pollution in marine environments while providing strong performance and responsiveness. Evoy's innovative technology enables ferry and tour operators to meet sustainability goals and adhere to regulatory requirements, enhancing their operational efficiency and environmental impact.

Limatech

Grant in 2020
Limatech designs and manufactures lithium-ion batteries for aviation, space, and defense applications, supplying power for general and commercial aviation as well as defense platforms. Its batteries are deployed across aircraft, drones, and related platforms, supporting startup and operation of piston and turbine engines through proprietary technology that prioritizes safety, reliability, and long life. The company emphasizes energy storage options that are more readily available than traditional lead and nickel-cadmium systems, delivering lightweight, durable, high-performance power sources for customers in aviation, space, and defense sectors.

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.
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