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 Embedded Software

Innatera

Series A in 2024
Innatera is an innovative company specializing in the development of ultra-low power neuromorphic processors designed to replicate the brain's mechanisms for sensory data processing. Founded in 2018 as a spin-off from the Delft University of Technology, the company focuses on creating advanced analog-mixed signal processing architectures. These neuromorphic chips enable sensor data to be processed significantly faster—up to 100 times quicker—while consuming up to 500 times less energy compared to traditional processors. By leveraging the principles of spiking neurons and synapses, Innatera's technology provides businesses with efficient access to real-time sensor data, enhancing their capabilities in various applications.

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.

Codasip

Venture Round in 2023
Codasip Ltd. is a processor technology company based in Brno, Czech Republic, founded in 2006. The company specializes in providing intellectual property (IP) and electronic design automation (EDA) tools that facilitate the adoption of application-specific instruction set processors (ASIPs). Codasip's offerings include Codix, RISC-V, and custom processors, allowing system-on-chip developers to customize their products for competitive advantage. Through its design automation tools and an open architecture licensing model, Codasip enables clients to leverage the benefits of the RISC-V instruction set architecture. The company's technology is utilized in billions of devices worldwide, with a diverse customer base that includes notable names such as AMD, Mobileye, and Sigma Designs. Codasip has established strategic partnerships with various organizations, enhancing its capabilities and market reach.

EmbeDL

Venture Round in 2023
EmbeDL is a developer of advanced optimization software focused on enhancing artificial intelligence and deep learning models. The company offers a state-of-the-art Deep Learning Model Optimization SDK that significantly reduces energy consumption, increases execution speed, and compresses memory usage, allowing users to create efficient and effective deep learning solutions tailored for real-time applications on cost-effective hardware. By integrating proprietary algorithms with cutting-edge research innovations, EmbeDL ensures that its software maintains high accuracy and precision while optimizing performance. The company is dedicated to fostering innovation and collaborates with leading academic institutions and industry partners, creating a robust ecosystem that drives progress in embedded intelligence. Through these efforts, EmbeDL aims to transform the landscape of embedded systems and empower AI teams to develop market-leading technologies.

IDloop

Grant in 2023
IDloop specializes in biometric technology, focusing on contactless fingerprint sensor solutions tailored for business and government sectors. The company employs advanced 3D imaging, artificial intelligence, and embedded technology to deliver secure, high-quality multi-finger image capture. By facilitating large-scale biometric data acquisition, IDloop's solutions significantly reduce false acceptance rates, thereby enhancing overall security for its clients.

IDloop

Pre Seed Round in 2022
IDloop specializes in biometric technology, focusing on contactless fingerprint sensor solutions tailored for business and government sectors. The company employs advanced 3D imaging, artificial intelligence, and embedded technology to deliver secure, high-quality multi-finger image capture. By facilitating large-scale biometric data acquisition, IDloop's solutions significantly reduce false acceptance rates, thereby enhancing overall security for its clients.

Ekkono.AI

Venture Round in 2022
Ekkono Solutions AB specializes in developing machine learning solutions tailored for the Internet of Things (IoT). The company provides an embedded advanced analytics engine that enables connected devices to execute various machine learning techniques, managing the entire workflow from data input and model training to execution and re-training. Ekkono's technology allows for real-time processing of data at the edge of the network, facilitating proactive maintenance, operational optimization, and enhanced product intuitiveness. Its solutions cater to a wide range of industries, including energy, telecommunications, automotive, agriculture, healthcare, and housing automation, as well as consumer IoT applications such as home security systems and smart appliances. Founded on seven years of research at the University of Borås, Ekkono's innovations help clients effectively manage data volume and improve the performance of their IoT implementations. The company is headquartered in Tvååker, Sweden.

EmbeDL

Grant in 2022
EmbeDL is a developer of advanced optimization software focused on enhancing artificial intelligence and deep learning models. The company offers a state-of-the-art Deep Learning Model Optimization SDK that significantly reduces energy consumption, increases execution speed, and compresses memory usage, allowing users to create efficient and effective deep learning solutions tailored for real-time applications on cost-effective hardware. By integrating proprietary algorithms with cutting-edge research innovations, EmbeDL ensures that its software maintains high accuracy and precision while optimizing performance. The company is dedicated to fostering innovation and collaborates with leading academic institutions and industry partners, creating a robust ecosystem that drives progress in embedded intelligence. Through these efforts, EmbeDL aims to transform the landscape of embedded systems and empower AI teams to develop market-leading technologies.

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.

Ekkono.AI

Grant in 2022
Ekkono Solutions AB specializes in developing machine learning solutions tailored for the Internet of Things (IoT). The company provides an embedded advanced analytics engine that enables connected devices to execute various machine learning techniques, managing the entire workflow from data input and model training to execution and re-training. Ekkono's technology allows for real-time processing of data at the edge of the network, facilitating proactive maintenance, operational optimization, and enhanced product intuitiveness. Its solutions cater to a wide range of industries, including energy, telecommunications, automotive, agriculture, healthcare, and housing automation, as well as consumer IoT applications such as home security systems and smart appliances. Founded on seven years of research at the University of Borås, Ekkono's innovations help clients effectively manage data volume and improve the performance of their IoT implementations. The company is headquartered in Tvååker, Sweden.

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.

SiPearl

Grant in 2022
SiPearl is a French semiconductor company established in 2019 and headquartered in Maisons-Laffitte, Île-de-France. The company specializes in designing high-performance, low-power microprocessors aimed at powering exascale supercomputers. Its flagship product, Rhea, is based on the Arm Neoverse V1 architecture and is set to be commercialized in early 2024. SiPearl's microprocessors are intended for a variety of applications, including computing, artificial intelligence, medical research, climate change mitigation, and energy management, catering to scientific researchers as well as prominent players in the IT, electronics, and automotive industries. The company is committed to producing its microprocessors using advanced manufacturing processes from TSMC, specifically N6 or better. SiPearl also maintains research and development centers across France, Germany, and Spain, aligning its roadmap with the European Union's technological goals.

SiPearl

Series A in 2022
SiPearl is a French semiconductor company established in 2019 and headquartered in Maisons-Laffitte, Île-de-France. The company specializes in designing high-performance, low-power microprocessors aimed at powering exascale supercomputers. Its flagship product, Rhea, is based on the Arm Neoverse V1 architecture and is set to be commercialized in early 2024. SiPearl's microprocessors are intended for a variety of applications, including computing, artificial intelligence, medical research, climate change mitigation, and energy management, catering to scientific researchers as well as prominent players in the IT, electronics, and automotive industries. The company is committed to producing its microprocessors using advanced manufacturing processes from TSMC, specifically N6 or better. SiPearl also maintains research and development centers across France, Germany, and Spain, aligning its roadmap with the European Union's technological goals.

Codasip

Venture Round in 2022
Codasip Ltd. is a processor technology company based in Brno, Czech Republic, founded in 2006. The company specializes in providing intellectual property (IP) and electronic design automation (EDA) tools that facilitate the adoption of application-specific instruction set processors (ASIPs). Codasip's offerings include Codix, RISC-V, and custom processors, allowing system-on-chip developers to customize their products for competitive advantage. Through its design automation tools and an open architecture licensing model, Codasip enables clients to leverage the benefits of the RISC-V instruction set architecture. The company's technology is utilized in billions of devices worldwide, with a diverse customer base that includes notable names such as AMD, Mobileye, and Sigma Designs. Codasip has established strategic partnerships with various organizations, enhancing its capabilities and market reach.

Codasip

Grant in 2022
Codasip Ltd. is a processor technology company based in Brno, Czech Republic, founded in 2006. The company specializes in providing intellectual property (IP) and electronic design automation (EDA) tools that facilitate the adoption of application-specific instruction set processors (ASIPs). Codasip's offerings include Codix, RISC-V, and custom processors, allowing system-on-chip developers to customize their products for competitive advantage. Through its design automation tools and an open architecture licensing model, Codasip enables clients to leverage the benefits of the RISC-V instruction set architecture. The company's technology is utilized in billions of devices worldwide, with a diverse customer base that includes notable names such as AMD, Mobileye, and Sigma Designs. Codasip has established strategic partnerships with various organizations, enhancing its capabilities and market reach.

SiPearl

Grant in 2021
SiPearl is a French semiconductor company established in 2019 and headquartered in Maisons-Laffitte, Île-de-France. The company specializes in designing high-performance, low-power microprocessors aimed at powering exascale supercomputers. Its flagship product, Rhea, is based on the Arm Neoverse V1 architecture and is set to be commercialized in early 2024. SiPearl's microprocessors are intended for a variety of applications, including computing, artificial intelligence, medical research, climate change mitigation, and energy management, catering to scientific researchers as well as prominent players in the IT, electronics, and automotive industries. The company is committed to producing its microprocessors using advanced manufacturing processes from TSMC, specifically N6 or better. SiPearl also maintains research and development centers across France, Germany, and Spain, aligning its roadmap with the European Union's technological goals.

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.

SiPearl

Venture Round in 2021
SiPearl is a French semiconductor company established in 2019 and headquartered in Maisons-Laffitte, Île-de-France. The company specializes in designing high-performance, low-power microprocessors aimed at powering exascale supercomputers. Its flagship product, Rhea, is based on the Arm Neoverse V1 architecture and is set to be commercialized in early 2024. SiPearl's microprocessors are intended for a variety of applications, including computing, artificial intelligence, medical research, climate change mitigation, and energy management, catering to scientific researchers as well as prominent players in the IT, electronics, and automotive industries. The company is committed to producing its microprocessors using advanced manufacturing processes from TSMC, specifically N6 or better. SiPearl also maintains research and development centers across France, Germany, and Spain, aligning its roadmap with the European Union's technological goals.

Nestwave

Venture Round in 2021
Nestwave SAS, founded in 2014 and headquartered in Paris, France, specializes in developing advanced geolocation systems tailored for the Internet of Things (IoT) sector. The company provides innovative solutions that enhance localization accuracy and reliability, particularly in challenging indoor and densely populated urban environments. Utilizing patented hybrid-signal technology, Nestwave's offerings significantly reduce power consumption and the overall footprint of geolocation solutions, making them more efficient compared to traditional methods. By targeting IoT modem and digital signal processing (DSP) vendors, Nestwave aims to integrate its cutting-edge geolocation capabilities within their platforms, thereby improving user experience and operational efficiency in various applications.

Nestwave

Grant in 2020
Nestwave SAS, founded in 2014 and headquartered in Paris, France, specializes in developing advanced geolocation systems tailored for the Internet of Things (IoT) sector. The company provides innovative solutions that enhance localization accuracy and reliability, particularly in challenging indoor and densely populated urban environments. Utilizing patented hybrid-signal technology, Nestwave's offerings significantly reduce power consumption and the overall footprint of geolocation solutions, making them more efficient compared to traditional methods. By targeting IoT modem and digital signal processing (DSP) vendors, Nestwave aims to integrate its cutting-edge geolocation capabilities within their platforms, thereby improving user experience and operational efficiency in various applications.
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