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 Smart Cities

Hardt Hyperloop

Venture Round in 2023
Hardt Hyperloop is focused on creating a transport system that enables emission-free travel over long distances, making it accessible to a broad audience. Evolving from a winning team at the SpaceX Hyperloop Competition, the company aims to develop a hyperloop system that can accommodate large volumes of passengers and freight. This innovative transport solution promises to offer on-demand, zero-emission travel that is both affordable and sustainable. By facilitating rapid connections between network cities, Hardt Hyperloop ensures minimal waiting times for travelers, enhancing the overall efficiency of urban mobility.

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.

ONO

Series A in 2022
Creating transformative change in urban mobility, making our cities cleaner and more enjoyable. We first focus on urban logistics, moving goods around the city in ways that are sustainable, efficient and cost-effective. Our vehicle and its modular platform system, with easily swappable modular units, meets the needs of city logistics. From moving food to flowers to furniture, the possibilities are endless. ONO’s founders, pioneer in e-mobility solutions, Beres Seelbach, former head of design at Mercedes and Volkswagen, Murat Günak, and light electric vehicle expert and engineer, Philipp Kahle, sought to rethink and reshape modern urban transportation. They put together a forward-thinking group of designers, engineers and creative thinkers who shared their vision of transforming urban mobility. ONO is a Berlin-based e-mobility company introducing a whole new category of emissions-free vehicle: the Pedal Assisted Transporter (PAT), combining the flexibility of a bicycle with the capacity and durability of a van. We offer environmentally friendly urban logistics solutions designed and optimised for cities of today.

Sakowin Green energy

Grant in 2022
Sakowin is a French company that is at the forefront of the energy transition to Sustainable Hydrogen. Sakowin manufactures equipment to produce hydrogen and solid carbon with zero CO2 emission, from gas. Initially started producing H2 through water electrolysis. Currently produces Sustainable Hydrogen with a high energy efficiency at low-cost using biomethane or natural gas as feedstock. The innovative technology’s main benefits are zero CO2 emissions, H2 produced on-site and on-demand.

Sakowin Green energy

Venture Round in 2022
Sakowin is a French company that is at the forefront of the energy transition to Sustainable Hydrogen. Sakowin manufactures equipment to produce hydrogen and solid carbon with zero CO2 emission, from gas. Initially started producing H2 through water electrolysis. Currently produces Sustainable Hydrogen with a high energy efficiency at low-cost using biomethane or natural gas as feedstock. The innovative technology’s main benefits are zero CO2 emissions, H2 produced on-site and on-demand.

Concrete4Change

Non Equity Assistance in 2021
Concrete4Change is an R&D company focused on developing innovative technology to capture and permanently mineralize carbon dioxide in concrete. This approach not only enhances the strength of the concrete but also aims to transform the construction industry from a major source of greenhouse gas emissions into a solution for carbon sequestration. The company has received recognition for its efforts, including the United Nations Most Innovative Net-Zero Technology award at COP26 and the Royal Academy of Engineering Enterprise Award. Concrete4Change is committed to removing 2 billion tonnes of CO2 emissions from the concrete industry by 2040, positioning concrete as a viable and effective carbon sink.

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.

Hardt Hyperloop

Funding Round in 2021
Hardt Hyperloop is focused on creating a transport system that enables emission-free travel over long distances, making it accessible to a broad audience. Evolving from a winning team at the SpaceX Hyperloop Competition, the company aims to develop a hyperloop system that can accommodate large volumes of passengers and freight. This innovative transport solution promises to offer on-demand, zero-emission travel that is both affordable and sustainable. By facilitating rapid connections between network cities, Hardt Hyperloop ensures minimal waiting times for travelers, enhancing the overall efficiency of urban mobility.

Sympower

Grant in 2021
Sympower is a developer of sustainable energy solutions aimed at addressing fluctuations in electricity supply and demand. The company partners with industry leaders to enhance grid stability and advance the transition to a net-zero future. By utilizing advanced and automated flexibility capabilities, Sympower's non-intrusive software allows customers to temporarily adjust the power of their systems, machines, and processes when the grid is out of balance. This technology aggregates electrical appliances and integrates with smart systems to optimize energy usage, enabling customers to shift consumption to more cost-effective times and provide real-time balancing of electricity. Through these innovations, Sympower enhances the value of energy assets while facilitating a fully renewable energy grid.

Hardt Hyperloop

Grant in 2021
Hardt Hyperloop is focused on creating a transport system that enables emission-free travel over long distances, making it accessible to a broad audience. Evolving from a winning team at the SpaceX Hyperloop Competition, the company aims to develop a hyperloop system that can accommodate large volumes of passengers and freight. This innovative transport solution promises to offer on-demand, zero-emission travel that is both affordable and sustainable. By facilitating rapid connections between network cities, Hardt Hyperloop ensures minimal waiting times for travelers, enhancing the overall efficiency of urban mobility.

ONO

Series A in 2020
Creating transformative change in urban mobility, making our cities cleaner and more enjoyable. We first focus on urban logistics, moving goods around the city in ways that are sustainable, efficient and cost-effective. Our vehicle and its modular platform system, with easily swappable modular units, meets the needs of city logistics. From moving food to flowers to furniture, the possibilities are endless. ONO’s founders, pioneer in e-mobility solutions, Beres Seelbach, former head of design at Mercedes and Volkswagen, Murat Günak, and light electric vehicle expert and engineer, Philipp Kahle, sought to rethink and reshape modern urban transportation. They put together a forward-thinking group of designers, engineers and creative thinkers who shared their vision of transforming urban mobility. ONO is a Berlin-based e-mobility company introducing a whole new category of emissions-free vehicle: the Pedal Assisted Transporter (PAT), combining the flexibility of a bicycle with the capacity and durability of a van. We offer environmentally friendly urban logistics solutions designed and optimised for cities of today.

ONO

Grant in 2020
Creating transformative change in urban mobility, making our cities cleaner and more enjoyable. We first focus on urban logistics, moving goods around the city in ways that are sustainable, efficient and cost-effective. Our vehicle and its modular platform system, with easily swappable modular units, meets the needs of city logistics. From moving food to flowers to furniture, the possibilities are endless. ONO’s founders, pioneer in e-mobility solutions, Beres Seelbach, former head of design at Mercedes and Volkswagen, Murat Günak, and light electric vehicle expert and engineer, Philipp Kahle, sought to rethink and reshape modern urban transportation. They put together a forward-thinking group of designers, engineers and creative thinkers who shared their vision of transforming urban mobility. ONO is a Berlin-based e-mobility company introducing a whole new category of emissions-free vehicle: the Pedal Assisted Transporter (PAT), combining the flexibility of a bicycle with the capacity and durability of a van. We offer environmentally friendly urban logistics solutions designed and optimised for cities of today.

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.

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.

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.

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.
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