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 Food Processing

Onego Bio

Venture Round in 2024
Onego Bio is a food-based biotechnology company that produces animal-free egg white protein through precision fermentation. Their ingredient, Bioalbumen, sets a new standard for sustainable protein with identical taste and nutrition, superior functional properties, and over 90% smaller environmental footprint compared to eggs from chickens. Onego’s highly productive and scalable technology caters to the needs of the food industry searching for stable, sustainable functional ingredients. As a game-changer in the field, the company was selected as the Winner of Fast Company’s 2023 World Changing Ideas awards and is a co-founder of two industry associations: Precision Fermentation Alliance and Food Fermentation Europe.

ProFuse Technology

Grant in 2024
ProFuse Technology specializes in advancing cultured meat production by enhancing methods and efficiency. The company has developed innovative technology that significantly reduces production time while improving meat quality and increasing yields. By accelerating muscle fiber growth, ProFuse enables meat producers to enhance their production capacity and lower costs, making cultured meat more accessible and sustainable.

FreezeM

Series A in 2024
FreezeM is focused on advancing preservation technologies that enhance the use of insects as a sustainable protein source for the animal feed industry. The company is developing innovative methods for large-scale freezing of insects, which will facilitate the creation of global stocks of frozen insect neonates and eggs. This approach aims to address critical challenges related to the availability, cost, and regulatory hurdles associated with utilizing insects in animal feed. By ensuring a stable and year-round production of these beneficial insects, FreezeM seeks to make a significant impact on the animal feed market, while also contributing to biological pest control and species preservation.

Kern Tec

Series A in 2023
Kern Tec specializes in upcycling fruit kernels from stone fruits, specifically cherries, apricots, and plums, to create innovative food products. The company refines these kernels into high-quality raw materials suitable for various applications, including baking ingredients, sustainable cosmetic oils, fertilizers, and biomass. By focusing on environmentally friendly processes, Kern Tec provides clients in the baking, food supplement, dairy alternatives, and confectionery industries with naturally sourced materials, promoting sustainability while meeting industry demands.

FreezeM

Grant in 2022
FreezeM is focused on advancing preservation technologies that enhance the use of insects as a sustainable protein source for the animal feed industry. The company is developing innovative methods for large-scale freezing of insects, which will facilitate the creation of global stocks of frozen insect neonates and eggs. This approach aims to address critical challenges related to the availability, cost, and regulatory hurdles associated with utilizing insects in animal feed. By ensuring a stable and year-round production of these beneficial insects, FreezeM seeks to make a significant impact on the animal feed market, while also contributing to biological pest control and species preservation.

Blue Planet Ecosystems

Grant in 2022
Blue Planet Ecosystems Incorporated, founded in 2018 and based in San Francisco, California, specializes in the development and operation of modular closed-loop photoprotein reactors that facilitate sustainable food production, particularly seafood, in extreme environments. The company's innovative technology mimics natural aquatic ecosystems, allowing for the conversion of sunlight and carbon dioxide into essential nutrients such as sugars, amino acids, and fatty acids. This process supports the production of organic seafood close to consumers, promoting a more efficient and environmentally friendly approach to aquaculture. By enabling farmers and agricultural businesses to diversify their methods, Blue Planet Ecosystems aims to address the challenges posed by climate change and enhance food security.

Kern Tec

Grant in 2022
Kern Tec specializes in upcycling fruit kernels from stone fruits, specifically cherries, apricots, and plums, to create innovative food products. The company refines these kernels into high-quality raw materials suitable for various applications, including baking ingredients, sustainable cosmetic oils, fertilizers, and biomass. By focusing on environmentally friendly processes, Kern Tec provides clients in the baking, food supplement, dairy alternatives, and confectionery industries with naturally sourced materials, promoting sustainability while meeting industry demands.

Kern Tec

Pre Seed Round in 2022
Kern Tec specializes in upcycling fruit kernels from stone fruits, specifically cherries, apricots, and plums, to create innovative food products. The company refines these kernels into high-quality raw materials suitable for various applications, including baking ingredients, sustainable cosmetic oils, fertilizers, and biomass. By focusing on environmentally friendly processes, Kern Tec provides clients in the baking, food supplement, dairy alternatives, and confectionery industries with naturally sourced materials, promoting sustainability while meeting industry demands.

Connecting Food

Venture Round in 2022
Connecting Food operates as a foodtech and blockchain platform. Connecting Food offers a digital platform based on blockchain technology , capable of tracing products batch by batch, as they pass through the production lines, and auditing them in real time.

Connecting Food

Grant in 2022
Connecting Food operates as a foodtech and blockchain platform. Connecting Food offers a digital platform based on blockchain technology , capable of tracing products batch by batch, as they pass through the production lines, and auditing them in real time.

Novolyze

Series A in 2022
Novolyze specializes in providing innovative digital solutions for food safety and quality management tailored for the food and beverage industry. The company utilizes cloud-based technology and surrogate microorganisms to develop microbial process validation solutions, enhancing food safety and quality performance. By integrating Internet of Things (IoT) capabilities, Novolyze transforms food safety and quality data into actionable insights, allowing companies to make real-time decisions. Their expertise supports various food production processes, including steam pasteurization, sterilization, drying, roasting, extruding, and oven operations, ultimately helping food companies deliver safe and high-quality products to consumers.

FreezeM

Grant in 2021
FreezeM is focused on advancing preservation technologies that enhance the use of insects as a sustainable protein source for the animal feed industry. The company is developing innovative methods for large-scale freezing of insects, which will facilitate the creation of global stocks of frozen insect neonates and eggs. This approach aims to address critical challenges related to the availability, cost, and regulatory hurdles associated with utilizing insects in animal feed. By ensuring a stable and year-round production of these beneficial insects, FreezeM seeks to make a significant impact on the animal feed market, while also contributing to biological pest control and species preservation.

FreezeM

Venture Round in 2021
FreezeM is focused on advancing preservation technologies that enhance the use of insects as a sustainable protein source for the animal feed industry. The company is developing innovative methods for large-scale freezing of insects, which will facilitate the creation of global stocks of frozen insect neonates and eggs. This approach aims to address critical challenges related to the availability, cost, and regulatory hurdles associated with utilizing insects in animal feed. By ensuring a stable and year-round production of these beneficial insects, FreezeM seeks to make a significant impact on the animal feed market, while also contributing to biological pest control and species preservation.

Orbem

Grant in 2021
Orbem operates a sensor-based artificial intelligence breeding monitoring system designed to transform food production towards sustainability. The company utilizes AI-powered magnetic resonance imaging to automatically analyze and classify biological samples, significantly enhancing food production methods to address the demands of a growing global population. By implementing this technology, Orbem enables its customers to optimize their processing lines for greater cost efficiency, ultimately leading to the creation of high-quality products and the development of new revenue streams.

Blue Planet Ecosystems

Seed Round in 2021
Blue Planet Ecosystems Incorporated, founded in 2018 and based in San Francisco, California, specializes in the development and operation of modular closed-loop photoprotein reactors that facilitate sustainable food production, particularly seafood, in extreme environments. The company's innovative technology mimics natural aquatic ecosystems, allowing for the conversion of sunlight and carbon dioxide into essential nutrients such as sugars, amino acids, and fatty acids. This process supports the production of organic seafood close to consumers, promoting a more efficient and environmentally friendly approach to aquaculture. By enabling farmers and agricultural businesses to diversify their methods, Blue Planet Ecosystems aims to address the challenges posed by climate change and enhance food security.

Lactips

Venture Round in 2021
Lactips specializes in the production of water-soluble and biodegradable thermoplastic pellets made from milk protein. Utilizing a proprietary industrial process, the company delivers these pellets in high volumes to serve as raw materials for various applications, including thermoforming and film production. Lactips aims to provide its industrial clients with innovative solutions that facilitate entry into new markets while promoting sustainability. Their products offer a cleaner alternative to traditional oil-based plastics, contributing to a more environmentally friendly approach to material use by enhancing dissolution in both hot and cold water.

Deep Branch Biotechnology

Grant in 2020
Deep Branch Biotechnology Ltd., founded in 2018 and based in Nottingham, UK, specializes in carbon recycling services aimed at creating sustainable ingredients for food and feed. By utilizing clean and renewable carbon and energy sources, the company employs a proprietary gas fermentation platform that leverages sustainable feedstocks to produce bio-based products with a significantly reduced carbon footprint. Deep Branch focuses on customer-driven research and development, enabling it to swiftly deliver innovative solutions to meet the growing demand for sustainable food systems. The company collaborates with local suppliers of strategic raw materials, fostering local economies while ensuring a reliable input supply. With a clear roadmap for scaling its operations, Deep Branch has formed strong partnerships across the value chain and has integrated effectively with carbon dioxide suppliers to optimize the deployment of its technology. By producing ingredients that require no arable land and minimal water, Deep Branch is addressing climate change and biodiversity loss, contributing to a more sustainable future without compromising on nutritional quality.

Altar

Venture Round in 2020
Altar is a biotechnology company focused on automated fluidics, dedicated to enhancing the performance of microorganisms for commercial applications. They develop proprietary technologies that utilize automated cultivation devices to harness natural selection, allowing for the continuous and contamination-free proliferation of cell suspensions. This innovative approach enables industries to improve the efficacy of microorganisms used in producing food, feed, flavors and fragrances, cosmetics, fuels, chemicals, and health products. By ensuring 24/7 operation, Altar's technology supports the long-term cultivation of microbes, making it a valuable resource for various sectors seeking to optimize their microbial applications.

Altar

Grant in 2020
Altar is a biotechnology company focused on automated fluidics, dedicated to enhancing the performance of microorganisms for commercial applications. They develop proprietary technologies that utilize automated cultivation devices to harness natural selection, allowing for the continuous and contamination-free proliferation of cell suspensions. This innovative approach enables industries to improve the efficacy of microorganisms used in producing food, feed, flavors and fragrances, cosmetics, fuels, chemicals, and health products. By ensuring 24/7 operation, Altar's technology supports the long-term cultivation of microbes, making it a valuable resource for various sectors seeking to optimize their microbial applications.

TomaPaint

Venture Round in 2020
TomaPaint specializes in the production of eco-friendly bio-resins derived from by-products of industrial tomato processing. The company focuses on creating organic-based lacquers designed for use in food packaging, particularly for the internal coating of food cans. This innovative approach offers an ecological alternative to traditional synthetic petrochemical-based resins, significantly reducing carbon emissions and the use of hazardous chemicals. In addition to its core products, TomaPaint is involved in tomato processing and waste recycling, further emphasizing its commitment to sustainability and environmental responsibility.

TomaPaint

Grant in 2020
TomaPaint specializes in the production of eco-friendly bio-resins derived from by-products of industrial tomato processing. The company focuses on creating organic-based lacquers designed for use in food packaging, particularly for the internal coating of food cans. This innovative approach offers an ecological alternative to traditional synthetic petrochemical-based resins, significantly reducing carbon emissions and the use of hazardous chemicals. In addition to its core products, TomaPaint is involved in tomato processing and waste recycling, further emphasizing its commitment to sustainability and environmental responsibility.
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