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 Industrial Automation

DTE ehf

Series A in 2023
DTE introduces breakthrough real-time process control analytics for metals production and processing towards Industry 4.0, through our robotic hardware and software solutions, automating current manual sampling processes for improved quality, cost, efficiency and safety.

Filuta AI

Pre Seed Round in 2023
Filuta AI is a B2B SaaS platform focused on intelligent automation, allowing businesses to develop Composite AI solutions through advanced techniques like self-supervised learning and automatic symbolic domain synthesis. The platform streamlines the management of intelligent automation services throughout their entire lifecycle, offering features such as observability, scalability, A/B testing, and continuous deployment. Additionally, Filuta AI's technology simplifies the breakdown of automated problems into hierarchical models, capturing discrete models by synthesizing first-order logic from historical data. This innovative approach enables clients to automatically design compositions of continuous models tailored to industrial applications, enhancing operational efficiency and decision-making processes.

SILEANE

Venture Round in 2023
SILEANE is robotics, vision, and artificial intelligence. They offer to build machines to automate. They provide services that include robotique, vision industrielle, robotique adaptative, automatisation du geste, pick place, dévracage, traitement de surface, and intelligence artificielle.

Variolytics

Seed Round in 2022
Variolytics integrates processes and enables measurements with data density and low measurement noise. They conduct process engineering research and development and provide companies with advice and implementation.

Energy Robotics

Grant in 2022
Energy Robotics has launched one of the first commercially available software platforms for industrial applications that combines three essential components of intelligent control of mobile autonomous robots: a hardware-independent robot operating system, cloud-based fleet management, and AI-powered data analysis. The robots are used for remote inspection and monitoring, especially in industries with harsh and demanding environments such as the oil, gas, and petrochemical industries, but also increasingly in the energy and security industries. The company relies on a SaaS model to do this, offering its software solution and associated IT infrastructure along with hardware from various third-party vendors.

Chassis Autonomy

Grant in 2022
Chassis Autonomy focuses on the design, development, and manufacturing of steer-by-wire and brake-by-wire systems specifically for Level 4 and Level 5 autonomous vehicles. The company aims to enhance autonomous mobility by creating fail-operational steering and braking systems that ensure safety and reliability in highly automated and fully autonomous vehicles. Through its comprehensive approach, Chassis Autonomy contributes to the advancement of safe and efficient transportation solutions in the realm of autonomous technology.

Livin Farms

Series A in 2022
LIVIN farms is a prominent industrial technology provider in the alternative protein sector, focusing on the development of large-scale insect farming solutions. The company specializes in technologies that facilitate the upcycling of waste into high-quality protein feeds through a comprehensive process that includes waste processing, insect rearing, and robotic handling. By empowering clients to cultivate insect protein, LIVIN farms not only helps reduce industrial waste but also promotes sustainable practices in protein production. Through its innovative approach, the company aims to address the growing demand for alternative protein sources while contributing to environmental sustainability.

IMSystems

Venture Round in 2022
IMSystems focuses on advancing gearbox technology with its innovative Archimedes Drive, which eliminates traditional gear teeth to overcome the traction drive paradox. This patented technology utilizes Flexroller mechanics, allowing for high torque delivery in a compact design, achieving ratios up to 10,000:1. The Archimedes Drive combines the reliability of planetary drives with the precision of friction transmission, enabling industrial robots to achieve consistent and reliable torque transfer without compromising asset durability. By offering a lighter, stronger, and more efficient alternative to conventional speed reducer technologies, IMSystems aims to revolutionize the robotics industry, enhancing production speeds and operational precision.

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.

IMSystems

Grant in 2022
IMSystems focuses on advancing gearbox technology with its innovative Archimedes Drive, which eliminates traditional gear teeth to overcome the traction drive paradox. This patented technology utilizes Flexroller mechanics, allowing for high torque delivery in a compact design, achieving ratios up to 10,000:1. The Archimedes Drive combines the reliability of planetary drives with the precision of friction transmission, enabling industrial robots to achieve consistent and reliable torque transfer without compromising asset durability. By offering a lighter, stronger, and more efficient alternative to conventional speed reducer technologies, IMSystems aims to revolutionize the robotics industry, enhancing production speeds and operational precision.

Neuron Soundware

Venture Round in 2022
Neuron Soundware develops advanced technology for machine diagnostics, leveraging artificial intelligence and machine learning algorithms to analyze acoustic signatures and other physical parameters of industrial equipment. This innovative approach facilitates early detection of potential failures, enhancing the operational efficiency of machines across various applications, including power generation, CNC machining, 3D printing, and robotics. By optimizing the performance of both individual machines and entire manufacturing lines, Neuron Soundware helps reduce operating costs, improve maintenance practices, and minimize the environmental impact of industrial production. Their comprehensive solution features IoT hardware for edge computing, web-based software for data analysis, and seamless integration capabilities, allowing for 24/7 remote data access and rapid processing of large datasets. This positions Neuron Soundware as a key player in developing sustainable technologies and processes within the manufacturing sector.

Neuron Soundware

Grant in 2022
Neuron Soundware develops advanced technology for machine diagnostics, leveraging artificial intelligence and machine learning algorithms to analyze acoustic signatures and other physical parameters of industrial equipment. This innovative approach facilitates early detection of potential failures, enhancing the operational efficiency of machines across various applications, including power generation, CNC machining, 3D printing, and robotics. By optimizing the performance of both individual machines and entire manufacturing lines, Neuron Soundware helps reduce operating costs, improve maintenance practices, and minimize the environmental impact of industrial production. Their comprehensive solution features IoT hardware for edge computing, web-based software for data analysis, and seamless integration capabilities, allowing for 24/7 remote data access and rapid processing of large datasets. This positions Neuron Soundware as a key player in developing sustainable technologies and processes within the manufacturing sector.

Tripleye

Grant in 2022
Tripleye, founded in 2020 and based in Berlin, Germany, specializes in developing a technology platform for the construction of autonomous vehicles. The company's platform provides essential technology modules for engineering teams, utilizing industry-standard cameras to enhance safety through high-precision measurements across a full three hundred and sixty degrees. This innovative approach enables clients to implement a diverse array of applications, ranging from autonomous machines to human-robot interactions.

Tripleye

Venture Round in 2022
Tripleye, founded in 2020 and based in Berlin, Germany, specializes in developing a technology platform for the construction of autonomous vehicles. The company's platform provides essential technology modules for engineering teams, utilizing industry-standard cameras to enhance safety through high-precision measurements across a full three hundred and sixty degrees. This innovative approach enables clients to implement a diverse array of applications, ranging from autonomous machines to human-robot interactions.

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.

Envola

Grant in 2022
Envola specializes in smart energy management, renewable energy resources, and energy storage solutions. The company focuses on developing both software and hardware designed to enhance energy efficiency and support the transition to sustainable energy systems. Envola designs innovative heat pumps that serve as integrated storage solutions, and it creates efficient storage systems capable of operating in conditions that are typically challenging for conventional heat pumps. Their offerings include modular systems consisting of an outdoor unit, an indoor unit, and optional room devices, allowing clients to tailor solutions to their specific energy needs.

Xenomatix

Grant in 2022
Xenomatix specializes in solid-state light detection and ranging solutions that cater to advanced driver assistance systems (ADAS) and autonomous driving technologies. The company develops automotive vision systems utilizing laser-based technology and complementary metal oxide semiconductor detectors, enabling real-time 3D digitization of vehicle surroundings. Their products are also applicable in various sectors, including road construction, surveying, industrial, automotive, mining, agriculture, off-road activities, and railway operations. By providing innovative solutions, Xenomatix helps enhance safety and efficiency in both automotive and industrial markets.

Klearia

Grant in 2022
Klearia specializes in the development of microfluidic technology for analyzing heavy metals in water, catering primarily to industrial clients. The company focuses on creating glass microfluidic solutions that include fluid control modules, sensors, and analyzers designed for innovative chemistry applications. By utilizing miniaturized chip-based devices, Klearia enables researchers and industrial users to perform precise experiments with minimal sample volumes, enhancing the efficiency and accuracy of chemical analysis.

ARXUM

Grant in 2021
Blockchain meets industry - It is time for a new approach to manufacturing! Driven by Industry 4.0 ARXUM develops a worldwide production network for the supply chain. Manufacturers connected by ARXUM's protocol benefit from robust and secure connectivity, worldwide accessibility, and standardized production order protocol with rich data exchange. Based on Blockchain technology, ARXUM's decentralized production network outperforms today's infrastructure by driving down costs, increasing processing speeds and delivering end-to-end visibility into production fees, timing and delivery.

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.

SILEANE

Grant in 2020
SILEANE is robotics, vision, and artificial intelligence. They offer to build machines to automate. They provide services that include robotique, vision industrielle, robotique adaptative, automatisation du geste, pick place, dévracage, traitement de surface, and intelligence artificielle.

Livin Farms

Grant in 2020
LIVIN farms is a prominent industrial technology provider in the alternative protein sector, focusing on the development of large-scale insect farming solutions. The company specializes in technologies that facilitate the upcycling of waste into high-quality protein feeds through a comprehensive process that includes waste processing, insect rearing, and robotic handling. By empowering clients to cultivate insect protein, LIVIN farms not only helps reduce industrial waste but also promotes sustainable practices in protein production. Through its innovative approach, the company aims to address the growing demand for alternative protein sources while contributing to environmental sustainability.

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.

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.

AEInnova

Series A in 2020
AEInnova, founded in 2014 at the Autonomous University of Barcelona, specializes in innovative Internet of Things (IoT) solutions for predictive maintenance. The company was established by a team of PhDs and engineers with expertise in microelectronics and various engineering disciplines. AEInnova's flagship product, InduEye, is a fully battery-less and autonomous device that monitors vibrations, steam traps, and thermal conditions, harnessing energy from waste heat, with future versions incorporating solar and wind power. The technology stands out due to its patented innovation, which enhances performance and enables real-time edge computing while utilizing advanced wireless communication standards. AEInnova's devices are employed in diverse sectors, including oil and gas, aluminum, steel, paper, and water treatment, and feature a sophisticated IoT cloud-based dashboard for data analytics and predictive maintenance. The company has received 31 international awards for its contributions to sustainability and innovation and has secured significant investment, including funding from the European Commission. AEInnova is actively engaged in multiple EU R&D projects focused on energy harvesting and IoT technologies.

AEInnova

Grant in 2019
AEInnova, founded in 2014 at the Autonomous University of Barcelona, specializes in innovative Internet of Things (IoT) solutions for predictive maintenance. The company was established by a team of PhDs and engineers with expertise in microelectronics and various engineering disciplines. AEInnova's flagship product, InduEye, is a fully battery-less and autonomous device that monitors vibrations, steam traps, and thermal conditions, harnessing energy from waste heat, with future versions incorporating solar and wind power. The technology stands out due to its patented innovation, which enhances performance and enables real-time edge computing while utilizing advanced wireless communication standards. AEInnova's devices are employed in diverse sectors, including oil and gas, aluminum, steel, paper, and water treatment, and feature a sophisticated IoT cloud-based dashboard for data analytics and predictive maintenance. The company has received 31 international awards for its contributions to sustainability and innovation and has secured significant investment, including funding from the European Commission. AEInnova is actively engaged in multiple EU R&D projects focused on energy harvesting and IoT technologies.

TiHive

Grant in 2019
TiHive Technologies specializes in the development of an advanced imaging and sensing system designed to enhance quality control in manufacturing processes. Their innovative system enables the detection of product defects during in-line production by utilizing a network of interconnectable and scalable devices that work together as intelligent see-through cameras. This technology offers features such as contaminant and defect detection, monitoring, analysis, and report generation. TiHive's solutions are adaptable to various production steps and machine widths, allowing industries to optimize resource usage and reduce costs effectively.

TiHive

Venture Round in 2019
TiHive Technologies specializes in the development of an advanced imaging and sensing system designed to enhance quality control in manufacturing processes. Their innovative system enables the detection of product defects during in-line production by utilizing a network of interconnectable and scalable devices that work together as intelligent see-through cameras. This technology offers features such as contaminant and defect detection, monitoring, analysis, and report generation. TiHive's solutions are adaptable to various production steps and machine widths, allowing industries to optimize resource usage and reduce costs effectively.

Ladimo

Grant in 2019
Ladimo continues the R&D of the novel ladimo technology invented in Aalto University 2012 by Jorma Palmén. Ladimo is a new way to combine fotogrammetry, laser technology, and mathematical modeling to achieve real-time high precision point cloud data for machine vision applications, e.g. Collaborative Robots, Industrial Automation, Automated Guided Vehicles (AGV) and various VR/AR/MR applications.

AEInnova

Seed Round in 2019
AEInnova, founded in 2014 at the Autonomous University of Barcelona, specializes in innovative Internet of Things (IoT) solutions for predictive maintenance. The company was established by a team of PhDs and engineers with expertise in microelectronics and various engineering disciplines. AEInnova's flagship product, InduEye, is a fully battery-less and autonomous device that monitors vibrations, steam traps, and thermal conditions, harnessing energy from waste heat, with future versions incorporating solar and wind power. The technology stands out due to its patented innovation, which enhances performance and enables real-time edge computing while utilizing advanced wireless communication standards. AEInnova's devices are employed in diverse sectors, including oil and gas, aluminum, steel, paper, and water treatment, and feature a sophisticated IoT cloud-based dashboard for data analytics and predictive maintenance. The company has received 31 international awards for its contributions to sustainability and innovation and has secured significant investment, including funding from the European Commission. AEInnova is actively engaged in multiple EU R&D projects focused on energy harvesting and IoT technologies.

Factobotics

Grant in 2017
Factobotics is a manufacturing firm that specializes in developing advanced industrial robotic solutions and transforming them into standardized products for global commercialization. The company focuses on creating effective business cases by aligning client needs with innovative yet proven robotic technologies. In instances where existing solutions do not meet client requirements, Factobotics engages in the development of new robotics, often in collaboration with the initial client. The firm's primary areas of expertise include machine tending robots, quality control systems for conveyor lines, and intralogistic robotics, all aimed at enhancing operational efficiency in various industrial settings.
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