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.
Efenco is a cleantech startup that is maximising the energy conversion efficiency of industrial furnaces and boilers and reducing their carbon footprints. Its flagship product, the patented high-energy ray ceramic chip (HERC), slashes CO2 and fuel costs by at least 18% in energy-intensive industries such as electricity generation, steel manufacturing, pulp and paper manufacturing, ceramics and cement production, and district heating.
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.
Sensoneo
Series A in 2023
Sensoneo is a provider of advanced smart waste management solutions that assist cities and businesses in managing waste more efficiently and sustainably. The company utilizes proprietary ultrasonic sensors to monitor waste levels in real-time, coupled with sophisticated software that facilitates data-driven decision-making and optimizes waste collection processes. This technology enables significant reductions in waste collection costs, with improvements in operational efficiency and a potential decrease in carbon emissions. Sensoneo's solutions have been implemented in various locations across Europe, North America, South America, the Middle East, Australia, and New Zealand, attracting a diverse range of clients seeking to enhance their waste management practices. By automating the waste lifecycle and promoting eco-friendly initiatives, Sensoneo aims to transform traditional waste management into a more transparent and responsible process.
nyris
Venture Round in 2023
nyris GmbH is a Berlin-based company that specializes in a visual product search platform, catering to various industries such as retail, e-commerce, industrial, manufacturing, media, entertainment, and financial services. Established in 2015, nyris focuses on providing a more intuitive search experience by allowing users to find products and objects in images and videos through advanced technologies like artificial intelligence and neural networks. This platform is designed to enhance efficiency by delivering search results in under one second, thereby reducing the friction often associated with traditional text-based searches. With a presence in over 50 countries, nyris serves a diverse clientele, enabling them to improve discovery and operational processes. The company is backed by notable investors, including eCapital, IKEA, and Axel Springer.
inPhocal
Grant in 2022
inPhocal is a company that specializes in advanced laser processing technology, utilizing a unique laser beam system originally developed from CERN research. The firm focuses on specialized printing solutions, offering undeletable prints for critical applications such as expiration dates and batch codes. Their innovative marking printer operates without ink, providing a faster alternative to traditional marking machines while maintaining high-quality prints on uneven surfaces. This technology aims to enhance current optical printing methods, positioning inPhocal as a leader in the field of laser processing.
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.
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.
Miraex
Grant in 2022
Miraex develops, manufactures and offers photonic and quantum solutions for next generation sensing, networking and computing. Our industrial sensing solutions prevent asset failure before it happens in the most demanding environments, where standard electronic sensors do not work. At Miraex, we also build quantum integrated circuits for high sensitivity measurements and distributed quantum computing infrastructures.
DTE ehf
Venture Round in 2022
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.
DTE ehf
Grant in 2022
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.
Scrona
Grant in 2022
Scrona specializes in micro- and nanotechnology, focusing on innovative solutions for both consumer and industrial applications. The company has developed a three-dimensional nano drip printing technology aimed at facilitating fast and cost-effective production processes. Scrona's core competency lies in printhead development, collaborating with partners to offer comprehensive manufacturing equipment and next-generation products. This enables businesses to produce high-quality printed materials efficiently and at reduced costs, contributing to advancements in micro- and nanofabrication.
Sensoneo
Venture Round in 2021
Sensoneo is a provider of advanced smart waste management solutions that assist cities and businesses in managing waste more efficiently and sustainably. The company utilizes proprietary ultrasonic sensors to monitor waste levels in real-time, coupled with sophisticated software that facilitates data-driven decision-making and optimizes waste collection processes. This technology enables significant reductions in waste collection costs, with improvements in operational efficiency and a potential decrease in carbon emissions. Sensoneo's solutions have been implemented in various locations across Europe, North America, South America, the Middle East, Australia, and New Zealand, attracting a diverse range of clients seeking to enhance their waste management practices. By automating the waste lifecycle and promoting eco-friendly initiatives, Sensoneo aims to transform traditional waste management into a more transparent and responsible process.
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.
TM Systems
Grant in 2021
TM Systems is an engineering and manufacturing company specializing in industrial air systems and solutions for process industries.
iFLUX
Grant in 2021
iFLUX is a company focused on sustainable groundwater management, addressing the pressing issue of water scarcity. Founded in 2017, it utilizes patented groundwater sampling technology, known as iFLUX Samplers, to monitor groundwater contamination effectively. This technology facilitates faster and more cost-efficient remediation projects by tracking groundwater and contaminant movement over time. iFLUX combines commercial sensors with unique vertical and horizontal flux sensors to create advanced real-time digital monitoring networks. These networks provide actionable insights through a personalized dashboard, allowing clients to analyze and interpret data related to groundwater dynamics. The company's solutions are designed for various sectors, including cities, conservation parks, the construction industry, and drinking water utilities, enabling them to manage complex groundwater challenges and reduce the risks associated with soil contamination. Through its innovative approach, iFLUX empowers clients to take immediate and informed actions to protect groundwater resources.
TM Systems
Venture Round in 2021
TM Systems is an engineering and manufacturing company specializing in industrial air systems and solutions for process industries.
nyris
Grant in 2021
nyris GmbH is a Berlin-based company that specializes in a visual product search platform, catering to various industries such as retail, e-commerce, industrial, manufacturing, media, entertainment, and financial services. Established in 2015, nyris focuses on providing a more intuitive search experience by allowing users to find products and objects in images and videos through advanced technologies like artificial intelligence and neural networks. This platform is designed to enhance efficiency by delivering search results in under one second, thereby reducing the friction often associated with traditional text-based searches. With a presence in over 50 countries, nyris serves a diverse clientele, enabling them to improve discovery and operational processes. The company is backed by notable investors, including eCapital, IKEA, and Axel Springer.
Cold Pad
Grant in 2021
Cold Pad specializes in manufacturing durable composite bonding and fastening solutions specifically designed for the offshore industry. The company focuses on enhancing the reliability of structural bonding through its innovative products, which are particularly effective for repairing FPSO hulls and decks. Utilizing cold work techniques, Cold Pad's offerings are engineered to withstand harsh environments, ensuring extreme durability. The solutions facilitate fast and qualified installation procedures, enabling operations to continue under various weather conditions. This commitment to reliability and efficiency helps customers maximize production uptime and improve overall management of offshore assets.
Cold Pad
Venture Round in 2021
Cold Pad specializes in manufacturing durable composite bonding and fastening solutions specifically designed for the offshore industry. The company focuses on enhancing the reliability of structural bonding through its innovative products, which are particularly effective for repairing FPSO hulls and decks. Utilizing cold work techniques, Cold Pad's offerings are engineered to withstand harsh environments, ensuring extreme durability. The solutions facilitate fast and qualified installation procedures, enabling operations to continue under various weather conditions. This commitment to reliability and efficiency helps customers maximize production uptime and improve overall management of offshore assets.
Mimbly
Grant in 2020
Mimbly is a company focused on sustainability through innovative water-saving and microplastic-capturing solutions. It manufactures a system designed for laundry applications that recycles water in washing processes. This system connects to a washing machine via a water intake valve, where it tracks, analyzes, and purifies water during each cycle, allowing for its reuse. Mimbly's technology enables professional laundry facilities to adopt more sustainable practices, significantly conserving water, reducing microplastic pollution, and lowering CO2 emissions.
Electrochaea
Venture Round in 2020
Electrochaea GmbH is a company based in Planegg, Germany, specializing in the development and commercialization of grid-scale power-to-gas energy storage technology. Founded in 2010, Electrochaea's proprietary process converts low-cost and stranded electricity, along with carbon dioxide, into renewable natural gas, specifically methane, which is suitable for direct injection into the existing natural gas grid. This technology facilitates the storage of large quantities of renewable energy generated from wind and solar sources, providing solutions for utility-scale energy storage, grid balancing, and carbon recycling. Additionally, the company aims to contribute to the decarbonization of transportation and natural gas grids, thereby reducing greenhouse gas emissions. With operational facilities in Denmark and California, Electrochaea represents a significant advancement in the efficient storage and transmission of renewable energy.
Sensoneo
Venture Round in 2020
Sensoneo is a provider of advanced smart waste management solutions that assist cities and businesses in managing waste more efficiently and sustainably. The company utilizes proprietary ultrasonic sensors to monitor waste levels in real-time, coupled with sophisticated software that facilitates data-driven decision-making and optimizes waste collection processes. This technology enables significant reductions in waste collection costs, with improvements in operational efficiency and a potential decrease in carbon emissions. Sensoneo's solutions have been implemented in various locations across Europe, North America, South America, the Middle East, Australia, and New Zealand, attracting a diverse range of clients seeking to enhance their waste management practices. By automating the waste lifecycle and promoting eco-friendly initiatives, Sensoneo aims to transform traditional waste management into a more transparent and responsible process.
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.
Pipes.one
Venture Round in 2020
Pipes.one is a business that seeks to improve the quality, efficiency, and cost-effectiveness of the construction of polymer pipeline projects.
Sensoneo
Grant in 2020
Sensoneo is a provider of advanced smart waste management solutions that assist cities and businesses in managing waste more efficiently and sustainably. The company utilizes proprietary ultrasonic sensors to monitor waste levels in real-time, coupled with sophisticated software that facilitates data-driven decision-making and optimizes waste collection processes. This technology enables significant reductions in waste collection costs, with improvements in operational efficiency and a potential decrease in carbon emissions. Sensoneo's solutions have been implemented in various locations across Europe, North America, South America, the Middle East, Australia, and New Zealand, attracting a diverse range of clients seeking to enhance their waste management practices. By automating the waste lifecycle and promoting eco-friendly initiatives, Sensoneo aims to transform traditional waste management into a more transparent and responsible process.
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.
Pipes.one
Grant in 2020
Pipes.one is a business that seeks to improve the quality, efficiency, and cost-effectiveness of the construction of polymer pipeline projects.
Electrochaea
Grant in 2020
Electrochaea GmbH is a company based in Planegg, Germany, specializing in the development and commercialization of grid-scale power-to-gas energy storage technology. Founded in 2010, Electrochaea's proprietary process converts low-cost and stranded electricity, along with carbon dioxide, into renewable natural gas, specifically methane, which is suitable for direct injection into the existing natural gas grid. This technology facilitates the storage of large quantities of renewable energy generated from wind and solar sources, providing solutions for utility-scale energy storage, grid balancing, and carbon recycling. Additionally, the company aims to contribute to the decarbonization of transportation and natural gas grids, thereby reducing greenhouse gas emissions. With operational facilities in Denmark and California, Electrochaea represents a significant advancement in the efficient storage and transmission of renewable energy.
ATLANT 3D
Seed Round in 2020
ATLANT 3D, founded in 2018, specializes in atomic-scale manufacturing, offering innovative technologies for rapid development in materials, micro/nanodevices, and scalable production. The company addresses the challenges of traditional micro/nanoelectronics, which often involve lengthy and expensive processes reliant on cleanroom environments and specialized expertise. By introducing platforms like A-HUBs and the NANOFABRICATOR™, ATLANT 3D enables precise, atom-by-atom manufacturing through its core technology, DALP® (Direct Atomic Layer Processing). This approach allows for the efficient use of various materials and processes, significantly reducing development time and costs while enhancing flexibility and sustainability. ATLANT 3D's solutions support key sectors such as semiconductors, optics, photonics, and advanced packaging, facilitating a network-centric innovation ecosystem that promotes localized and cost-effective manufacturing. This innovation not only streamlines the production process but also addresses the growing demand for localized semiconductor and electronics manufacturing, ultimately transforming the landscape of micro and nanofabrication.
Nimesis
Venture Round in 2020
Nimesis Technology specializes in the design, manufacture, and sale of shape memory alloys and related products and services. The company focuses on advancing mechanical and industrial engineering technologies to enhance the production of high-temperature shape memory alloys. Nimesis employs innovative alloy inspection software that evaluates the thermo-mechanical behavior of complex alloys, facilitating a comprehensive approach that spans design, development, prototyping, control, and component qualification. This technology allows businesses to benefit from mechanical simulations and the precise tuning of shape memory components, promoting efficiency and effectiveness in industrial applications.
Nimesis
Grant in 2020
Nimesis Technology specializes in the design, manufacture, and sale of shape memory alloys and related products and services. The company focuses on advancing mechanical and industrial engineering technologies to enhance the production of high-temperature shape memory alloys. Nimesis employs innovative alloy inspection software that evaluates the thermo-mechanical behavior of complex alloys, facilitating a comprehensive approach that spans design, development, prototyping, control, and component qualification. This technology allows businesses to benefit from mechanical simulations and the precise tuning of shape memory components, promoting efficiency and effectiveness in industrial applications.
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