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 Search Engine

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.

Iris.ai

Grant in 2023
Iris.ai offers an AI-powered science assistant designed to enhance the efficiency of research and development departments by facilitating the navigation of scientific literature. Its primary product, RSpace, features advanced search capabilities, smart filters, reading list analysis, auto-generated summaries, and automated data extraction, enabling users to systematically organize information. By leveraging natural language processing algorithms, Iris.ai addresses the challenges of factuality tracking in AI, providing tools that enhance the accuracy and reliability of scientific research. This platform is aimed at both corporate R&D teams and academic researchers, allowing them to uncover new scientific insights that go beyond traditional human capabilities.

Iris.ai

Venture Round in 2023
Iris.ai offers an AI-powered science assistant designed to enhance the efficiency of research and development departments by facilitating the navigation of scientific literature. Its primary product, RSpace, features advanced search capabilities, smart filters, reading list analysis, auto-generated summaries, and automated data extraction, enabling users to systematically organize information. By leveraging natural language processing algorithms, Iris.ai addresses the challenges of factuality tracking in AI, providing tools that enhance the accuracy and reliability of scientific research. This platform is aimed at both corporate R&D teams and academic researchers, allowing them to uncover new scientific insights that go beyond traditional human capabilities.

alocalo

Grant in 2022
Alocalo is a technology company focused on empowering local retailers by connecting them with consumers searching for products online. It has developed a search algorithm that quickly identifies products and suggests nearby alternatives from local stores, providing users with essential information such as store name, location, contact details, and distance. By leveraging a self-learning AI platform, Alocalo aims to enhance the visibility of small retailers, helping them compete with larger e-commerce platforms. This approach not only supports local businesses but also contributes to the vitality of city centers by promoting neighborhood shops.

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.

OrbitalAds

Venture Round in 2019
OrbitalAds is a software-as-a-service (SaaS) platform that specializes in optimizing keyword management for Google Search campaigns. It offers a language-agnostic tool designed to enhance decision-making for paid advertising efforts. The platform employs proprietary technology to facilitate real-time management and optimization of online marketing campaigns. Key features include automated advertisement generation, bidding strategies, reporting capabilities, and a target URL scoring tool, all aimed at helping clients effectively create and refine their online advertising initiatives. By streamlining these processes, OrbitalAds enables businesses to save time and reduce costs in their marketing efforts.

OrbitalAds

Grant in 2019
OrbitalAds is a software-as-a-service (SaaS) platform that specializes in optimizing keyword management for Google Search campaigns. It offers a language-agnostic tool designed to enhance decision-making for paid advertising efforts. The platform employs proprietary technology to facilitate real-time management and optimization of online marketing campaigns. Key features include automated advertisement generation, bidding strategies, reporting capabilities, and a target URL scoring tool, all aimed at helping clients effectively create and refine their online advertising initiatives. By streamlining these processes, OrbitalAds enables businesses to save time and reduce costs in their marketing efforts.
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