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 Energy

Astrape Networks

Grant in 2025
Astrape powers the future of datacenters: more bandwidth, less power.

BlueHeart Energy

Venture Round in 2025
BlueHeart Energy is a deep tech company focused on developing innovative green technologies to enhance heat pump performance. Utilizing thermoacoustics, the company generates sound waves within a closed circuit to produce heat and cold, marking a significant advancement as this technology is now being applied to residential heat pumps, previously limited to industrial applications. BlueHeart's products are designed to replace critical components in heat pumps, facilitating easy integration for original equipment manufacturers. The resulting heat pumps are versatile, silent, and cost-effective, suitable for both new and existing homes. Additionally, BlueHeart's technology is environmentally friendly, producing no CO2 emissions and eliminating the need for refrigerants, thus contributing to sustainable heating and cooling solutions.

Marvel Fusion

Series B in 2025
Marvel Fusion develops fusion energy technology using a laser-based reactor. Its innovative approach offers clean, safe, and reliable energy solutions, aiming to commercialize baseload fusion electrical power.

Brevel

Seed Round in 2025
Brevel develops innovative cultivation technology for sustainable, low-cost production of microalgae. Its high-tech, indoor, automated systems use internal illumination to achieve over 90% cost reduction and up to 200 times higher yields compared to traditional methods. Brevel targets various markets where microalgae-derived products are in demand.

Brite Solar

Series A in 2024
Brite Solar is a nanomaterials company specializing in innovative solar glass technologies. Its primary product is transparent solar glass for greenhouses, enabling self-sufficient greenhouse operations and reducing carbon footprints by minimizing reliance on external energy sources. The company's technology, based on nano-materials ink-jet printed onto glass panels, also has applications in auto-dimming glass and architectural glass for buildings.

Efenco

Grant in 2023
Efenco is a cleantech startup focused on enhancing the energy conversion efficiency of industrial furnaces and boilers while minimizing their carbon emissions. The company has developed a patented high-energy ray ceramic chip (HERC) that significantly reduces CO2 emissions and fuel costs by at least 18% in energy-intensive sectors, including electricity generation, steel manufacturing, pulp and paper production, ceramics, cement, and district heating. By leveraging principles from quantum and plasma physics, nanotechnology, and electrochemistry, Efenco's innovative technology captures and converts waste heat generated during natural gas combustion into a flux of ionizing radiation, thereby enabling industries to optimize energy usage and improve thermal conversion efficiency.

Bound4Blue

Series A in 2023
Bound4Blue develops foldable wingsail systems for integration onto various vessels. Their technology harnesses wind power to reduce fuel consumption and pollutant emissions by up to 40%, with a payback period under five years.

Sakowin Green energy

Convertible Note in 2023
Sakowin is a French company specializing in the production of sustainable hydrogen and solid carbon through innovative technology that eliminates CO2 emissions. Initially focused on hydrogen production via water electrolysis, Sakowin now utilizes biomethane or natural gas as feedstock, allowing for high energy efficiency and low-cost hydrogen generation. The company's advanced process, known as methane plasmolysis, enables on-site and on-demand production, significantly reducing electricity consumption compared to traditional methods. By leveraging existing gas infrastructures, Sakowin supports businesses in their efforts to transition to cleaner energy solutions while integrating decarbonized products into their operations.

Alvus

Pre Seed Round in 2022
Alvus offers biomethane services. They offer project development, construction, and operation of biogas plants. They assist their customers in every aspect related to a biogas plant, due diligence analysis, business plan verification, site selection, biomass research, choice of power supply plan, selection of the most suitable technology.

Energy Robotics

Grant in 2022
Energy Robotics develops autonomous robot systems for industrial applications, focusing on remote inspection and monitoring. Their software platform combines a hardware-independent operating system, cloud-based fleet management, and AI-powered data analysis. The company serves industries with harsh environments like oil, gas, petrochemicals, energy, and security sectors.

Brite Solar

Venture Round in 2022
Brite Solar is a nanomaterials company specializing in innovative solar glass technologies. Its primary product is transparent solar glass for greenhouses, enabling self-sufficient greenhouse operations and reducing carbon footprints by minimizing reliance on external energy sources. The company's technology, based on nano-materials ink-jet printed onto glass panels, also has applications in auto-dimming glass and architectural glass for buildings.

Alvus

Grant in 2022
Alvus offers biomethane services. They offer project development, construction, and operation of biogas plants. They assist their customers in every aspect related to a biogas plant, due diligence analysis, business plan verification, site selection, biomass research, choice of power supply plan, selection of the most suitable technology.

Reliefed Technologies

Grant in 2022
Reliefed Technologies AB, based in Varberg, Sweden, specializes in producing 3D printing components for various manufacturing sectors, including transportation, building materials, consumer products, and energy applications. The company has developed a globally patented 3D-production method called z.trusion®, which allows for the integration of 3D mass production into existing 2D production lines. This innovative technology significantly reduces energy consumption and costs, particularly in the new energy sector, where it can achieve up to 97% less energy usage and ten times higher production speeds. Reliefed Technologies focuses on advanced applications such as bipolar flow plates for fuel cells and electrolyzers, electrodes for lithium-ion batteries, and other energy-efficient solutions. The company is actively involved in industrialization projects with major multinational OEMs and Tier 1 suppliers, holding 44 patents across multiple countries. Through its technology, Reliefed aims to improve product performance and facilitate recycling, while also contributing to substantial savings in material and production costs.

C2C NewCap

Venture Round in 2022
C2C NewCap, founded in 2014 by Rui Silva and Andre Mao de Ferro, is a Lisbon-based manufacturer specializing in the production of supercapacitors designed for efficient electrical energy storage. The company focuses on developing next-generation devices that utilize proprietary electrodes and an aqueous electrolyte, which contribute to a low environmental impact. C2C NewCap aims to provide clients with energy storage solutions that not only enhance operational efficiency but also reduce overall environmental and operational costs.

Reliefed Technologies

Venture Round in 2022
Reliefed Technologies AB, based in Varberg, Sweden, specializes in producing 3D printing components for various manufacturing sectors, including transportation, building materials, consumer products, and energy applications. The company has developed a globally patented 3D-production method called z.trusion®, which allows for the integration of 3D mass production into existing 2D production lines. This innovative technology significantly reduces energy consumption and costs, particularly in the new energy sector, where it can achieve up to 97% less energy usage and ten times higher production speeds. Reliefed Technologies focuses on advanced applications such as bipolar flow plates for fuel cells and electrolyzers, electrodes for lithium-ion batteries, and other energy-efficient solutions. The company is actively involved in industrialization projects with major multinational OEMs and Tier 1 suppliers, holding 44 patents across multiple countries. Through its technology, Reliefed aims to improve product performance and facilitate recycling, while also contributing to substantial savings in material and production costs.

Vanevo

Grant in 2022
Vanevo GmbH, established in 2018 and located in Oldenburg, Germany, specializes in the development and production of components for redox flow batteries. The company focuses on creating stacks and modules designed to enhance the affordability and accessibility of electricity storage. Vanevo's innovative approach enables the storage of electrical energy in two tanks, allowing for efficient charging and discharging within the battery stacks. By offering economically durable solutions, Vanevo aims to provide users with cost-effective options for energy storage, addressing the growing demand for reliable and sustainable energy solutions.

Sakowin Green energy

Venture Round in 2022
Sakowin is a French company specializing in the production of sustainable hydrogen and solid carbon through innovative technology that eliminates CO2 emissions. Initially focused on hydrogen production via water electrolysis, Sakowin now utilizes biomethane or natural gas as feedstock, allowing for high energy efficiency and low-cost hydrogen generation. The company's advanced process, known as methane plasmolysis, enables on-site and on-demand production, significantly reducing electricity consumption compared to traditional methods. By leveraging existing gas infrastructures, Sakowin supports businesses in their efforts to transition to cleaner energy solutions while integrating decarbonized products into their operations.

Dracula Technologies

Grant in 2022
Founded in 2011 and headquartered in Valence, France, Dracula Technologies designs and manufactures organic photovoltaic cells. These cells convert ambient light into electricity, enabling small devices like phones and sensors to recharge themselves. The company's flagship product, Light As Your Energetic Response (LAYER), is used indoors and outdoors.

Sakowin Green energy

Grant in 2022
Sakowin is a French company specializing in the production of sustainable hydrogen and solid carbon through innovative technology that eliminates CO2 emissions. Initially focused on hydrogen production via water electrolysis, Sakowin now utilizes biomethane or natural gas as feedstock, allowing for high energy efficiency and low-cost hydrogen generation. The company's advanced process, known as methane plasmolysis, enables on-site and on-demand production, significantly reducing electricity consumption compared to traditional methods. By leveraging existing gas infrastructures, Sakowin supports businesses in their efforts to transition to cleaner energy solutions while integrating decarbonized products into their operations.

Envola

Grant in 2022
Envola specializes in energy-efficient solutions, developing software and hardware for smart energy management, renewable resources, and storage. They design integrated systems for heating, cooling, ventilation, and hot water preparation, including heat pumps with integrated storage and networked storage systems.

Insolight

Grant in 2022
Insolight is an energy company founded in 2015 that specializes in the development and manufacturing of advanced solar panels. The company has achieved record efficiency levels of 29 percent for its solar modules, significantly lowering residential solar electricity costs. Insolight utilizes innovative optical technology that combines high efficiency with the ease of mounting similar to standard flat panels. The company has also demonstrated its capabilities through third-party validations, achieving 36 percent efficiency on lab prototypes and 29 percent on pre-industrial modules. Insolight's business model focuses on developing intellectual property, controlling wholesale distribution, and outsourcing manufacturing. Additionally, the company is engaged in creating photovoltaic systems aimed at reducing solar electricity costs in the agricultural sector, employing integrated tracking methods to optimize energy production based on the sun's position.

Nova Innovation

Grant in 2021
Nova Innovation Ltd. is a tidal energy company founded in 2009 and based in Edinburgh, United Kingdom, with additional offices in Leith, Caernarfon, and Shetland. The company specializes in designing, building, and operating underwater tidal turbines that provide clean, predictable electricity while minimizing visual impact and harmonizing with the marine environment. Nova Innovation develops sites for arrays of tidal turbines and is dedicated to reducing reliance on fossil fuels for future generations. With a focus on local supply chains, the company engages coastal communities to enhance the success of its tidal power projects. Nova Innovation gained recognition for deploying the world's first offshore tidal array, earning awards for its contributions to low-carbon innovation and sustainable energy solutions.

BlueHeart Energy

Grant in 2021
BlueHeart Energy is a deep tech company focused on developing innovative green technologies to enhance heat pump performance. Utilizing thermoacoustics, the company generates sound waves within a closed circuit to produce heat and cold, marking a significant advancement as this technology is now being applied to residential heat pumps, previously limited to industrial applications. BlueHeart's products are designed to replace critical components in heat pumps, facilitating easy integration for original equipment manufacturers. The resulting heat pumps are versatile, silent, and cost-effective, suitable for both new and existing homes. Additionally, BlueHeart's technology is environmentally friendly, producing no CO2 emissions and eliminating the need for refrigerants, thus contributing to sustainable heating and cooling solutions.

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.

DENS

Grant in 2021
Dutch Energy Systems specializes in Hydrozine solutions that generate hydrogen and electricity independently from the power grid. These solutions help reduce emissions by replacing diesel fuel in heavy-duty vehicles and machinery across industries like agriculture, construction, and others.

STAC Technology

Venture Round in 2021
STAC Technology is a research and development company specializing in the creation and manufacturing of innovative water vapor-driven turbo-compressors. These systems utilize water as a natural refrigerant, providing a sustainable alternative to synthetic refrigerants in the cooling industry. By harnessing thermal energy from water, STAC's technology enables on-site heating and cooling solutions that are both energy-efficient and environmentally friendly. The company's approach offers significant advantages, including zero emissions and reduced infrastructure costs, making it a pivotal player in the effort to combat global warming and climate change. Through its advancements, STAC Technology aims to drive innovation in cooling product solutions worldwide.

ENERSENS

Venture Round in 2021
Enersens is a firm that produces silica aerogel products. The company was founded in 2010 and is based in Les Auvergnes, France.

ENERSENS

Grant in 2021
Enersens is a firm that produces silica aerogel products. The company was founded in 2010 and is based in Les Auvergnes, France.

STAC Technology

Grant in 2021
STAC Technology is a research and development company specializing in the creation and manufacturing of innovative water vapor-driven turbo-compressors. These systems utilize water as a natural refrigerant, providing a sustainable alternative to synthetic refrigerants in the cooling industry. By harnessing thermal energy from water, STAC's technology enables on-site heating and cooling solutions that are both energy-efficient and environmentally friendly. The company's approach offers significant advantages, including zero emissions and reduced infrastructure costs, making it a pivotal player in the effort to combat global warming and climate change. Through its advancements, STAC Technology aims to drive innovation in cooling product solutions worldwide.

Sympower

Grant in 2021
Sympower provides software-enabled flexibility services to support a renewable, stable electricity grid. Working with leading industry players, it aggregates appliances and industrial assets and uses automated, non-intrusive software to shift energy usage to cheaper hours and to balance supply and demand in real time. The company helps customers unlock new revenue streams and maximise the value of their energy assets by enabling flexible operation across energy markets, enhancing grid reliability and accelerating the transition to a fully renewable system.

Bound4Blue

Venture Round in 2021
Bound4Blue develops foldable wingsail systems for integration onto various vessels. Their technology harnesses wind power to reduce fuel consumption and pollutant emissions by up to 40%, with a payback period under five years.

Bound4Blue

Grant in 2021
Bound4Blue develops foldable wingsail systems for integration onto various vessels. Their technology harnesses wind power to reduce fuel consumption and pollutant emissions by up to 40%, with a payback period under five years.

X1 Wind

Grant in 2020
X1 Wind is a company based in Barcelona, Spain, specializing in the development of innovative floating wind platforms for deep-water offshore wind energy. Founded in 2017, X1 Wind has engineered its platform to achieve a significant reduction in both cost and weight—by 50 percent and 80 percent, respectively—compared to traditional floating wind systems. The design features fewer active systems than current alternatives, allowing for simplified installation that can be completed at the port and transported to the site using a small tugboat. This approach not only enhances operational depth range but also improves scalability and reduces maintenance requirements. By focusing on these advancements, X1 Wind aims to provide a clean, affordable energy solution while contributing to global efforts to lower carbon emissions.

Electrochaea

Venture Round in 2020
Electrochaea develops and commercializes power-to-gas technology that converts renewable electricity into pipeline-grade natural gas. This enables large-scale energy storage, grid balancing, and carbon recycling.

Brite Solar

Grant in 2020
Brite Solar is a nanomaterials company specializing in innovative solar glass technologies. Its primary product is transparent solar glass for greenhouses, enabling self-sufficient greenhouse operations and reducing carbon footprints by minimizing reliance on external energy sources. The company's technology, based on nano-materials ink-jet printed onto glass panels, also has applications in auto-dimming glass and architectural glass for buildings.

Electrochaea

Grant in 2020
Electrochaea develops and commercializes power-to-gas technology that converts renewable electricity into pipeline-grade natural gas. This enables large-scale energy storage, grid balancing, and carbon recycling.

AEInnova

Series A in 2020
AEInnova develops autonomous industrial monitoring devices for predictive maintenance. Its flagship device InduEye is battery-free, self-powered, and capable of edge computing for real-time vibration, thermal, and steam-trap monitoring, powered by waste heat with optional solar or wind energy. It uses LoRaWAN or NB-IoT/LTE-CAT M for communications and streams data to cloud dashboards with analytics, alarms, and environmental impact analysis. The system aims to reduce downtime and maintenance costs through non-invasive, self-sustaining monitoring. Certifications include CE and ATEX/IECEX, with FCC ongoing. The technology is deployed across sectors such as oil and gas, aluminium, steel, paper, rubber, water treatment, and energy, with customers including Repsol, Cepsa, ArcelorMittal, Enel, and others. AEInnova has been recognized as a leading EU scale-up with multiple awards and EC funding, and participates in EU R&D initiatives related to energy harvesting and high-temperature IoT.

Hafnium Labs

Grant in 2019
Hafnium Labs is a company that specializes in developing software to assist researchers and engineers in obtaining reliable physical property data for molecules and mixtures. The company focuses on addressing significant challenges in chemistry by combining advanced predictive methods, such as quantum chemistry and artificial intelligence, with experimental physical property data. This approach allows Hafnium Labs to provide accurate predictions of physical properties and quantify the uncertainty associated with these predictions. Their Q-props™ tools support decision-making processes from molecular discovery to process optimization, benefiting industries including chemicals, energy, and pharmaceuticals.

C2C NewCap

Grant in 2019
C2C NewCap, founded in 2014 by Rui Silva and Andre Mao de Ferro, is a Lisbon-based manufacturer specializing in the production of supercapacitors designed for efficient electrical energy storage. The company focuses on developing next-generation devices that utilize proprietary electrodes and an aqueous electrolyte, which contribute to a low environmental impact. C2C NewCap aims to provide clients with energy storage solutions that not only enhance operational efficiency but also reduce overall environmental and operational costs.

AEInnova

Grant in 2019
AEInnova develops autonomous industrial monitoring devices for predictive maintenance. Its flagship device InduEye is battery-free, self-powered, and capable of edge computing for real-time vibration, thermal, and steam-trap monitoring, powered by waste heat with optional solar or wind energy. It uses LoRaWAN or NB-IoT/LTE-CAT M for communications and streams data to cloud dashboards with analytics, alarms, and environmental impact analysis. The system aims to reduce downtime and maintenance costs through non-invasive, self-sustaining monitoring. Certifications include CE and ATEX/IECEX, with FCC ongoing. The technology is deployed across sectors such as oil and gas, aluminium, steel, paper, rubber, water treatment, and energy, with customers including Repsol, Cepsa, ArcelorMittal, Enel, and others. AEInnova has been recognized as a leading EU scale-up with multiple awards and EC funding, and participates in EU R&D initiatives related to energy harvesting and high-temperature IoT.

Brevel

Grant in 2019
Brevel develops innovative cultivation technology for sustainable, low-cost production of microalgae. Its high-tech, indoor, automated systems use internal illumination to achieve over 90% cost reduction and up to 200 times higher yields compared to traditional methods. Brevel targets various markets where microalgae-derived products are in demand.

Brevel

Venture Round in 2019
Brevel develops innovative cultivation technology for sustainable, low-cost production of microalgae. Its high-tech, indoor, automated systems use internal illumination to achieve over 90% cost reduction and up to 200 times higher yields compared to traditional methods. Brevel targets various markets where microalgae-derived products are in demand.

AEInnova

Seed Round in 2019
AEInnova develops autonomous industrial monitoring devices for predictive maintenance. Its flagship device InduEye is battery-free, self-powered, and capable of edge computing for real-time vibration, thermal, and steam-trap monitoring, powered by waste heat with optional solar or wind energy. It uses LoRaWAN or NB-IoT/LTE-CAT M for communications and streams data to cloud dashboards with analytics, alarms, and environmental impact analysis. The system aims to reduce downtime and maintenance costs through non-invasive, self-sustaining monitoring. Certifications include CE and ATEX/IECEX, with FCC ongoing. The technology is deployed across sectors such as oil and gas, aluminium, steel, paper, rubber, water treatment, and energy, with customers including Repsol, Cepsa, ArcelorMittal, Enel, and others. AEInnova has been recognized as a leading EU scale-up with multiple awards and EC funding, and participates in EU R&D initiatives related to energy harvesting and high-temperature IoT.

X1 Wind

Seed Round in 2019
X1 Wind is a company based in Barcelona, Spain, specializing in the development of innovative floating wind platforms for deep-water offshore wind energy. Founded in 2017, X1 Wind has engineered its platform to achieve a significant reduction in both cost and weight—by 50 percent and 80 percent, respectively—compared to traditional floating wind systems. The design features fewer active systems than current alternatives, allowing for simplified installation that can be completed at the port and transported to the site using a small tugboat. This approach not only enhances operational depth range but also improves scalability and reduces maintenance requirements. By focusing on these advancements, X1 Wind aims to provide a clean, affordable energy solution while contributing to global efforts to lower carbon emissions.

Valtavalo

Grant in 2018
Valtavalo Ltd, established in 2008, specializes in the development, manufacture, and supply of energy-efficient lighting solutions in Finland and internationally. Recognized as the largest LED tube manufacturer in the Northern Countries, the company focuses on high-volume production to offer competitive pricing on advanced LED technologies, which have traditionally been perceived as costly. Valtavalo's product range includes long-lifetime LED lighting tubes equipped with replaceable light sources, allowing users to significantly lower their energy consumption, installation, and maintenance costs. Through its innovative approach, Valtavalo aims to make energy-efficient lighting accessible and affordable for a wide array of clients.

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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