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.
Aldoria specializes in space situational awareness, focusing on the collection, processing, and utilization of data to protect critical assets in space. The company addresses the growing challenges of space sustainability caused by increasing amounts of space debris and traffic. Its services encompass the detection, tracking, cataloging, and risk assessment of artificial satellites and space debris. By actively monitoring these elements, Aldoria helps operators and space organizations avoid potential hazards and adjust orbital paths, ultimately contributing to safer and more sustainable space operations. The company also provides users with a modern situational awareness platform and detailed sustainability reports.
Quantum Diamonds
Seed Round in 2023
Quantum Diamonds specializes in the development of nitrogen-vacancy (NV) diamonds for quantum sensing applications. The company offers advanced quantum sensors that measure magnetic fields, temperature, and pressure, providing superior sensitivity and resolution compared to traditional sensors. These sensors are designed for use in various fields, including navigation, bio-imaging, geographical surveying, and spectroscopy, even under challenging conditions. By focusing on atom-sized quantum technologies, Quantum Diamonds enables industries and academic institutions to conduct precise analyses, optimizing for factors such as crystal lattice strain and charge state stability.
Wingtra
Series B in 2023
Wingtra AG, founded in 2014 and based in Zürich, Switzerland, specializes in the manufacture of professional drones, notably the WingtraOne, a vertical take-off and landing (VTOL) UAV. This drone is designed for high-precision data collection and has applications across various industries, including surveying, agriculture, forestry, and infrastructure management. Since its market introduction in 2017, Wingtra has established partnerships with over 50 major surveying equipment dealers globally, facilitating the adoption of its technology. The WingtraOne can be operated using WingtraPilot software, enabling users to collect survey-grade aerial data that can be transformed into two-dimensional maps and three-dimensional models, thereby enhancing monitoring and inspection capabilities in sectors such as construction, mining, and environmental management.
Skyfora
Pre Seed Round in 2022
Skyfora is a company focused on enhancing weather observation and forecasting through innovative technology. It addresses the limitations of traditional weather data by utilizing patented GNSS Meteorology solutions and AI-enhanced forecasting methods. By repurposing GNSS receivers from telecom base stations, Skyfora transforms them into advanced 4D weather scanners, significantly increasing the volume of weather observation data generated from existing infrastructure. This innovative approach not only improves the performance of AI-driven weather forecasts but also contributes to global sustainability and climate change resilience. In addition, Skyfora develops forecasting software that leverages computer vision and IoT technologies to analyze satellite images, enhancing the scientific understanding of hurricanes and aiding disaster management efforts. This combination of advanced technology and sustainable practices positions Skyfora as a leader in the field of weather forecasting and climate resilience.
Quanturi Oy
Grant in 2022
Quanturi Oy is a Finnish company founded in 2016 and headquartered in Espoo, specializing in continuous monitoring solutions for fermentable products. The company develops and markets connected objects and systems for data analysis, focusing on agricultural, forestry, and waste management sectors. Its product offerings include wireless monitoring systems for compost temperature, grain management, hay monitoring, and other industrial temperature applications. Quanturi Oy also sells its products online and has expanded its presence to several countries, including France, Great Britain, the Netherlands, Switzerland, Italy, and Belgium.
Quanturi Oy
Venture Round in 2022
Quanturi Oy is a Finnish company founded in 2016 and headquartered in Espoo, specializing in continuous monitoring solutions for fermentable products. The company develops and markets connected objects and systems for data analysis, focusing on agricultural, forestry, and waste management sectors. Its product offerings include wireless monitoring systems for compost temperature, grain management, hay monitoring, and other industrial temperature applications. Quanturi Oy also sells its products online and has expanded its presence to several countries, including France, Great Britain, the Netherlands, Switzerland, Italy, and Belgium.
constellr
Grant in 2022
Constellr develops advanced imaging technology that serves the agriculture industry by evaluating soil health, vegetation, and industrial monitoring through proprietary space infrastructure. The company focuses on enhancing food security by providing high-precision smart farming services worldwide. Its solutions are designed to measure critical factors such as water, temperature, and carbon, which are essential for assessing vegetation and soil health. Constellr's technology contributes to tackling climate change by offering accountability and monitoring data across various sectors. This data underpins numerous remote sensing products, including models for evapotranspiration, water stress, and crop yield prediction. As a result, farmers, agronomists, agricultural companies, infrastructure managers, power plants, and logistics firms can obtain accurate insights to make informed decisions.
Share My Space
Grant in 2021
Share My Space detects, tracks, catalogs, and predicts the collision risk of artificial satellites and space debris. It is on a mission is to tackle the challenges related to space sustainability induced by the exponential increase of space debris and space traffic. We aim to propose space actors a highly accurate and efficient new-generation SSA platform, providing data and services. To develop our control and traffic management capabilities, we rely on our own network of telescopes, on orbital data from strategic partners, and our software dealing with space dynamics.
PlanBlue
Grant in 2021
PlanBlue offers a new seafloor monitoring technology that is changing the way they map, assess and even understand our seafloor: the “DiveRay” and the accompanying software. The DiveRay is an intelligent underwater camera, that automatically scans seafloor areas, as well as lake bottoms and river beds. It makes use of hyperspectral imaging, and its software is based on machine-learning algorithms. The DiveRay significantly reduces the time spent both below and above water (i.e., monitoring underwater and data analysis/interpretation on land). Any experienced diver can use the DiveRay, it is not limited to experts-only. The rich data obtained by the DiveRay is objective (i.e., independent of the person analyzing the seafloor data) and can easily be compared to future studies.
Share My Space
Venture Round in 2021
Share My Space detects, tracks, catalogs, and predicts the collision risk of artificial satellites and space debris. It is on a mission is to tackle the challenges related to space sustainability induced by the exponential increase of space debris and space traffic. We aim to propose space actors a highly accurate and efficient new-generation SSA platform, providing data and services. To develop our control and traffic management capabilities, we rely on our own network of telescopes, on orbital data from strategic partners, and our software dealing with space dynamics.
Seqana
Grant in 2021
Seqana is a developer of satellite-based software that provides monitoring solutions for soil organic carbon, aimed at combating climate change. The company offers a platform that enables project developers and agri-food corporations to accurately measure and understand soil carbon sequestration in a cost-effective and efficient manner. By utilizing remote sensing technology, Seqana delivers actionable insights into soil health, benefiting a diverse range of clients, including farmers, NGOs, and large corporations. This innovative approach supports the adoption of carbon sequestration practices, contributing to environmental sustainability on a global scale.
Veoware
Grant in 2021
Veoware Limited, based in Guildford, United Kingdom, specializes in providing satellite imagery services through its innovative data platform and analytics. Established in 2016, the company is developing a space-based system that allows customers to access satellite imagery at any time and from any location on Earth. Veoware aims to simplify and enhance the usability of satellite systems, making them accessible to a diverse range of clients. By improving the efficiency and responsiveness of satellite operations, Veoware enables users to industrialize the space sector, ensuring that hardware, software, and data are readily available for various applications.
Veoware
Seed Round in 2021
Veoware Limited, based in Guildford, United Kingdom, specializes in providing satellite imagery services through its innovative data platform and analytics. Established in 2016, the company is developing a space-based system that allows customers to access satellite imagery at any time and from any location on Earth. Veoware aims to simplify and enhance the usability of satellite systems, making them accessible to a diverse range of clients. By improving the efficiency and responsiveness of satellite operations, Veoware enables users to industrialize the space sector, ensuring that hardware, software, and data are readily available for various applications.
Nestwave
Venture Round in 2021
Nestwave SAS provides advanced, IoT geolocation solutions to IoT modem and DSP vendors. Nestwave's patented, hybrid-signal technology significantly improves localization accuracy in critical indoor and dense urban environments while greatly reducing power consumption and solution footprint compared to existing solutions.
Wingtra
Grant in 2020
Wingtra AG, founded in 2014 and based in Zürich, Switzerland, specializes in the manufacture of professional drones, notably the WingtraOne, a vertical take-off and landing (VTOL) UAV. This drone is designed for high-precision data collection and has applications across various industries, including surveying, agriculture, forestry, and infrastructure management. Since its market introduction in 2017, Wingtra has established partnerships with over 50 major surveying equipment dealers globally, facilitating the adoption of its technology. The WingtraOne can be operated using WingtraPilot software, enabling users to collect survey-grade aerial data that can be transformed into two-dimensional maps and three-dimensional models, thereby enhancing monitoring and inspection capabilities in sectors such as construction, mining, and environmental management.
Altaroad
Venture Round in 2020
Altaroad specializes in data analytics for roadway management, utilizing a network of patented nano-sensors embedded in roads. Developed in collaboration with IFSTTAR and the Ecole Polytechnique, Altaroad's technology provides real-time analysis of traffic patterns and vehicle weights, enabling effective traffic management in smart cities. The platform identifies infrastructure maintenance needs and quickly detects potential hazards, such as icy conditions or dangerous driving behaviors. By offering insights that facilitate predictive maintenance, Altaroad helps road operators, city traffic managers, and logistics providers enhance safety and achieve cost efficiencies.
Altaroad
Grant in 2020
Altaroad specializes in data analytics for roadway management, utilizing a network of patented nano-sensors embedded in roads. Developed in collaboration with IFSTTAR and the Ecole Polytechnique, Altaroad's technology provides real-time analysis of traffic patterns and vehicle weights, enabling effective traffic management in smart cities. The platform identifies infrastructure maintenance needs and quickly detects potential hazards, such as icy conditions or dangerous driving behaviors. By offering insights that facilitate predictive maintenance, Altaroad helps road operators, city traffic managers, and logistics providers enhance safety and achieve cost efficiencies.
CARTO
Grant in 2020
CARTO is a leading platform in Location Intelligence, specializing in the analysis and visualization of spatial data. Founded in 2012 by an environmental scientist and visualization experts, the company is headquartered in New York City, with additional offices in Madrid, Seville, and Washington, D.C. CARTO helps businesses optimize processes and make strategic decisions by transforming location data into actionable insights. Its cloud-based service allows data scientists, developers, and analysts to create spatial applications for various platforms, enhancing delivery routes, marketing strategies, and store placements. With a client portfolio of 2,500 customers, including prominent names like Mastercard and Coca-Cola, and a user base exceeding 350,000, CARTO has established itself as a key player in the field. The company is recognized for its innovation by various industry analysts and is backed by notable venture capital firms.
Nestwave
Grant in 2020
Nestwave SAS provides advanced, IoT geolocation solutions to IoT modem and DSP vendors. Nestwave's patented, hybrid-signal technology significantly improves localization accuracy in critical indoor and dense urban environments while greatly reducing power consumption and solution footprint compared to existing solutions.
Mapon
Grant in 2016
Mapon is a platform for fleet management, asset tracking and business solutions.
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