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 Industrial Engineering

ION-X

Series A in 2024
ION-X develops electric propulsion technology for small spacecraft and satellites. It focuses on a nanoscience-based thruster that ejects fully ionized particles to produce thrust, offering long service life and high modularity. The technology aims for scalable manufacturing with competitive production costs suitable for mass production, enabling customers to access the expanding aerospace market and pursue efficient, reliable propulsion for small platforms.

IRUBIS

Convertible Note in 2022
Founded in Munich, Germany in 2017, IRUBIS specializes in manufacturing Mid-Infrared (MIR) spectrometers and Attenuated Total Reflection (ATR) crystals. The company combines semiconductor technology with infrared spectroscopy to develop devices for analyzing protein-based drugs. IRUBIS offers a real-time bioprocess monitoring system using MIR spectroscopy, which measures glucose and lactate online without contamination risk. They also provide ATR crystals and accessory solutions.

IRUBIS

Seed Round in 2022
Founded in Munich, Germany in 2017, IRUBIS specializes in manufacturing Mid-Infrared (MIR) spectrometers and Attenuated Total Reflection (ATR) crystals. The company combines semiconductor technology with infrared spectroscopy to develop devices for analyzing protein-based drugs. IRUBIS offers a real-time bioprocess monitoring system using MIR spectroscopy, which measures glucose and lactate online without contamination risk. They also provide ATR crystals and accessory solutions.

TM Systems

Grant in 2021
TM Systems is an engineering and manufacturing company specializing in industrial air systems and solutions for process industries.

TM Systems

Venture Round in 2021
TM Systems is an engineering and manufacturing company specializing in industrial air systems and solutions for process industries.

CemGreen

Grant in 2020
CemGreen aims to be the premier knowledge provider for cement and concrete manufacturers, focusing on the utilization of clay deposits. It delivers specifications and optimizes process parameters to enhance production profitability while minimizing environmental impact.

Otechos Technology Group

Grant in 2020
OTECHOS Technology Group is a company established in 2012, focusing on the development of innovative and environmentally friendly products, particularly in the oil and gas sector, as well as machinery and mechanical engineering. With a foundation rooted in industrial engineering, OTECHOS specializes in air and gas compressors that employ patented technologies to ensure energy efficiency and an oil-free, low-noise, and vibration-free operation. The company benefits from the extensive experience of its founders, who have a history of establishing multiple technology firms since 2000, including notable successes in mechanical technology and products. OTECHOS maintains a small, flexible environment that fosters creativity and innovation, while its management team, composed of experienced professionals, is dedicated to bringing new technologies with global potential to market. The company is backed by several investors and has established a reputation for developing cutting-edge solutions that enhance operational efficiency in the industry.

Otechos Technology Group

Venture Round in 2020
OTECHOS Technology Group is a company established in 2012, focusing on the development of innovative and environmentally friendly products, particularly in the oil and gas sector, as well as machinery and mechanical engineering. With a foundation rooted in industrial engineering, OTECHOS specializes in air and gas compressors that employ patented technologies to ensure energy efficiency and an oil-free, low-noise, and vibration-free operation. The company benefits from the extensive experience of its founders, who have a history of establishing multiple technology firms since 2000, including notable successes in mechanical technology and products. OTECHOS maintains a small, flexible environment that fosters creativity and innovation, while its management team, composed of experienced professionals, is dedicated to bringing new technologies with global potential to market. The company is backed by several investors and has established a reputation for developing cutting-edge solutions that enhance operational efficiency in the industry.

IRUBIS

Venture Round in 2020
Founded in Munich, Germany in 2017, IRUBIS specializes in manufacturing Mid-Infrared (MIR) spectrometers and Attenuated Total Reflection (ATR) crystals. The company combines semiconductor technology with infrared spectroscopy to develop devices for analyzing protein-based drugs. IRUBIS offers a real-time bioprocess monitoring system using MIR spectroscopy, which measures glucose and lactate online without contamination risk. They also provide ATR crystals and accessory solutions.

IRUBIS

Grant in 2020
Founded in Munich, Germany in 2017, IRUBIS specializes in manufacturing Mid-Infrared (MIR) spectrometers and Attenuated Total Reflection (ATR) crystals. The company combines semiconductor technology with infrared spectroscopy to develop devices for analyzing protein-based drugs. IRUBIS offers a real-time bioprocess monitoring system using MIR spectroscopy, which measures glucose and lactate online without contamination risk. They also provide ATR crystals and accessory solutions.
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