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 Technology

Astrape Networks

Grant in 2025
Astrape powers the future of datacenters: more bandwidth, less power.

VSORA

Venture Round in 2025
VSORA develops digital signal processing IP and chips for 5G networks, featuring a multicore DSP architecture that removes the need for DSP coprocessors and a shared DSP development flow that unites signal processing and software engineers in one environment to speed time-to-market. The company aims to boost DSP computing power while reducing power consumption, improving system performance, and shrinking silicon footprint. Based in France, founded in 2015 by veteran DSP engineers, VSORA serves chipmakers designing next-generation digital communications systems.

.Lumen

Venture Round in 2025
Dotlumen is a research startup founded in 2020 and based in Cluj, Romania, focused on enhancing the quality of life for visually impaired individuals. The company develops innovative glasses equipped with a sensory and feedback system that aids users in navigating their environments. By leveraging advancements in artificial intelligence, robotics, and neuroscience, Dotlumen aims to empower blind individuals to better understand and interact with the world around them.

AQLAS

Grant in 2025
AQLAS is shaping the quantum future and discovering Next-Gen Lasers redefining quantum computing. Our high-quality hardware is set apart by its economical, compact, and efficient nature, thus paving the way for the proliferation of quantum computers.

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.

AISPECO

Grant in 2024
AISPECO is a Lithuanian company specializing in geospatial monitoring systems for helicopters, planes, UAVs, and terrestrial vehicles.

Oryl Photonics

Grant in 2024
Oryl Photonics specializes in developing laboratory instruments for pharmaceutical and biotech companies. Their core product provides a simple, reliable, and cost-effective method for measuring solubility, contributing to accelerated drug development and improved medicine. The company's unique technology preserves valuable substances during testing, offering a solubility measurement service that empowers researchers to make data-driven decisions and expedite product development.

.Lumen

Venture Round in 2024
Dotlumen is a research startup founded in 2020 and based in Cluj, Romania, focused on enhancing the quality of life for visually impaired individuals. The company develops innovative glasses equipped with a sensory and feedback system that aids users in navigating their environments. By leveraging advancements in artificial intelligence, robotics, and neuroscience, Dotlumen aims to empower blind individuals to better understand and interact with the world around them.

Qblox

Series A in 2024
Qblox is a Dutch scaleup specializing in quantum technology, focused on developing patented solutions for the scalable control of quantum computers. The company designs and manufactures modular control hardware that simplifies the experimental setups involving qubits, employing a distributed processor architecture to enhance gate fidelities. By advancing electronics with improved noise and drift performance, Qblox enables scientists to minimize crosstalk and achieve low-latency arbitrary control flows while optimizing measurement efficiency in dynamic readout conditions. The company aims to address the scientific and engineering challenges that must be overcome to transition from prototype quantum computers to powerful, practical quantum processors.

Tilkal

Venture Round in 2024
Tilkal develops a software infrastructure that organizes traceability across various supply chain stakeholders. Founded in 2017, the company is headquartered in Paris, France.

Basemark

Series B in 2024
Basemark specializes in developing augmented reality software for enhanced driver awareness and safety. It offers tools to avoid occlusion, prevent motion sickness, and support multiple in-vehicle displays, enabling automotive manufacturers to create practical AR applications.

DRONAMICS

Grant in 2024
Dronamics is a developer of advanced unmanned aerial systems aimed at transforming airfreight logistics. By creating a new type of small, unmanned cargo airplane that is highly fuel-efficient, Dronamics aims to democratize shipping in emerging markets. The aircraft can transport payloads of 350 kilograms over distances of 2,500 kilometers at costs significantly lower than traditional air transport, reducing shipping expenses by over 50%. Designed for autonomous flight, the aircraft can be remotely monitored and managed via satellite, making it suitable for challenging delivery scenarios, including remote and mountainous regions. As the first and only Strategic Partner for drones recognized by IATA, Dronamics is positioned to make a substantial impact in the commercial logistics sector.

Wavess

Grant in 2024
Wavess is an innovative predictive marketing analytics platform that uses advanced AI algorithms and behavioral science to forecast campaign success before launch. It primarily serves digital marketing agencies, scale-ups, and enterprises in fintech, retail, and technology sectors, providing insights into audience preferences for personalized marketing strategies.

Quandela

Series B in 2023
Quandela is a company focused on advancing quantum computing technology, specifically in the realms of communication networks and optical computers. It specializes in manufacturing photonic quantum computers, which it supplies to industrial clients. A key innovation from Quandela is its single-photon source device, which integrates photonics with semiconductor quantum dots. This device enables the efficient collection of emitted single photons at high rates, significantly reducing charge noise decoherence and facilitating the emission of identical photons with high fidelity. Such capabilities are essential for the development of advanced quantum applications in communication, computation, and sensing, positioning Quandela as a pivotal player in the quantum technology landscape.

VSORA

Grant in 2023
VSORA develops digital signal processing IP and chips for 5G networks, featuring a multicore DSP architecture that removes the need for DSP coprocessors and a shared DSP development flow that unites signal processing and software engineers in one environment to speed time-to-market. The company aims to boost DSP computing power while reducing power consumption, improving system performance, and shrinking silicon footprint. Based in France, founded in 2015 by veteran DSP engineers, VSORA serves chipmakers designing next-generation digital communications systems.

PASQAL

Grant in 2023
Pasqal SAS, founded in 2019 and headquartered in Paris, France, specializes in the manufacture of quantum information processors utilizing atomic arrays. The company focuses on developing full-stack quantum computing technology that simulates complex phenomena to facilitate scientific discovery. Its innovative approach employs qubits made of neutral atoms organized in large two-dimensional and three-dimensional arrays, which enables analog computing. This technology addresses a variety of challenges, including optimization, drug discovery, and machine learning, empowering organizations to tackle complex problems across these fields.

Swisspod Technologies

Grant in 2023
Founded in 2019, Swisspod Technologies specializes in designing and developing Hyperloop vessels for tube-based transportation systems. The company aims to create energy-efficient, fully-electric pods, harnessing high-quality Swiss engineering to facilitate sustainable and efficient high-speed travel between cities.

Innitius

Convertible Note in 2023
Innitius specializes in developing diagnostic devices aimed at enhancing women's health, particularly in the context of preterm birth. Utilizing innovative torsional ultrasound technology, the company has created a patented intravaginal probe that transmits torsional waves to assess changes in tissue consistency. This technology enables medical practitioners to evaluate the risk of preterm birth and the likelihood of successful labor induction. By providing actionable diagnostics, Innitius helps healthcare providers accurately identify false indications of premature labor, thereby improving patient care and outcomes in obstetrics.

ONO

Convertible Note in 2023
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.

Lace Lithography

Seed Round in 2023
Lace Lithography is a technology company specializing in the development of advanced lithography solutions for semiconductor manufacturing. Their core innovation lies in a chip patterning technology that replaces traditional light-based methods with atomic-scale precision, enabling the production of smaller, more efficient chips. This breakthrough extends the limits of Moore's Law, allowing industries to continue advancing semiconductor technology in a cost-effective and energy-efficient manner.

Limatech

Convertible Note in 2023
Limatech designs and manufactures lithium-ion batteries for aviation, space, and defense applications, supplying power for general and commercial aviation as well as defense platforms. Its batteries are deployed across aircraft, drones, and related platforms, supporting startup and operation of piston and turbine engines through proprietary technology that prioritizes safety, reliability, and long life. The company emphasizes energy storage options that are more readily available than traditional lead and nickel-cadmium systems, delivering lightweight, durable, high-performance power sources for customers in aviation, space, and defense sectors.

Alice & Bob

Convertible Note in 2023
Alice & Bob is a Paris-based quantum computing hardware company founded in 2020. It develops universal quantum computers designed to enable industries and researchers to tackle complex problems. The company focuses on integrating error correction into its hardware, using cat qubits with built-in error resilience, and provides a platform with cloud access for remote testing and expert support. This combination aims to deliver early quantum computational advantages for practical applications in science and industry.

Aviwell

Grant in 2023
Aviwell is a company focused on enhancing animal health and growth through the development of natural and sustainable solutions. Utilizing a microbiota-based platform powered by artificial intelligence and machine learning, Aviwell operates at the intersection of digital and life sciences. The company aims to provide insights that improve animal health and performance while addressing the agri-food industry's challenges in sustainably feeding a growing global population. By prioritizing health and sustainability, Aviwell seeks to offer effective solutions at a reduced cost, ultimately contributing to better nourishment for the planet.

Cellbox Solutions

Grant in 2023
Cellbox Solutions is a technology company that specializes in innovative logistic solutions for the global BioMed industry. It has developed a carbon dioxide incubator designed for the storage, isolation, handling, and analysis of biological materials. This incubator offers essential logistic services and ensures the proper handling of living cells, facilitating their storage, reproduction, transportation, and analysis. By enabling the transportation of living cells via various methods, including road, rail, and air, Cellbox Solutions supports healthcare providers in their efforts to deliver the latest therapies to patients.

EBAMed

Series A in 2023
EBAMed develops a non-invasive ultrasound-based device to monitor and treat heart motion using proton beams. Founded in 2018, the company is based in Geneva, Switzerland.

Sensoneo

Series A in 2023
Sensoneo is a global provider of enterprise‑grade smart waste management solutions that help cities and businesses reduce costs and environmental impact. The company combines in‑house ultrasonic sensors—Single, Double, Quatro, and patent‑pending Micro‑sensors—with advanced software that delivers real‑time monitoring, analytics, route planning, and vehicle load optimization. By enabling data‑driven decisions, Sensoneo’s platform can cut waste‑collection costs by at least 30 % and lower carbon emissions by up to 60 %. Its solutions are deployed in numerous locations across Europe, North America, South America, the Middle East, Australia, and New Zealand, and include incentive programs that encourage waste reduction and streamline the entire waste lifecycle.

AGADE

Venture Round in 2023
AGADE specializes in robotic exoskeletons. Its flagship product, AGADEXO, significantly reduces muscle fatigue and injury risks associated with repetitive tasks by providing variable support, mimicking zero-gravity movements.

Agurotech

Grant in 2023
Agurotech develops soil sensing technology, offering products that include robust sensors for reliable measurements, tailored irrigation recommendations, and continuous improvement of the irrigation process. Their platform provides a sensor-based weather station to offer local measurements of temperature, wind speed, direction, rainfall, and optimizes farm irrigation for crops and soils using farm data and local weather stations.

Naco

Grant in 2023
Naco Technologies Ltd is a manufacturer and supplier of advanced nano-coating technologies, specializing in high-performance coatings for various industries including tooling, automotive, aerospace, and microchip production. Founded in 2009 and headquartered in Riga, Latvia, Naco develops multilayer and multicomponent coatings that enhance equipment performance by providing oil-enhanced, wear-protective, thermal barrier, and liquid-repellent properties. The company plays a significant role in the hydrogen sector by creating specialized coatings for Green Hydrogen systems, such as electrolyzers and fuel cells, which improve the reliability of these systems while minimizing the use of costly and scarce materials. In 2015, Naco Technologies was acquired by the Schaeffler Group, a Germany-based company, further strengthening its capabilities and market reach.

Wingtra

Series B in 2023
Wingtra is a Swiss drone manufacturer that designs the WingtraOne, a vertical take-off and landing VTOL fixed-wing drone that combines plane-like efficiency with VTOL versatility to deliver high-precision aerial data for surveying, mapping, and infrastructure projects. The platform supports sectors including construction, mining, agriculture, forestry, environmental monitoring, urban planning, and land management by capturing detailed data over large areas. Founded in 2014 and launching its market-ready product in 2017, Wingtra serves a global customer base through a network of surveying equipment dealers, enabling professionals to digitize and monitor surroundings with reliable flight performance.

Qurv

Grant in 2023
Qurv, established in 2020, specializes in developing advanced image sensor technologies and integrated solutions. The company's core business is enabling next-generation computer vision applications, catering to the growing demands of autonomous and intelligent systems. Qurv's innovative technology, built on over eight years of research, leverages current CMOS manufacturing and advanced materials to deliver high-performance, reliable, and functional solutions for XR devices, service robots, and automotive industries.

PASQAL

Series B in 2023
Pasqal SAS, founded in 2019 and headquartered in Paris, France, specializes in the manufacture of quantum information processors utilizing atomic arrays. The company focuses on developing full-stack quantum computing technology that simulates complex phenomena to facilitate scientific discovery. Its innovative approach employs qubits made of neutral atoms organized in large two-dimensional and three-dimensional arrays, which enables analog computing. This technology addresses a variety of challenges, including optimization, drug discovery, and machine learning, empowering organizations to tackle complex problems across these fields.

Kvantify

Grant in 2023
Founded in 2022, Kvantify is headquartered in Copenhagen, Denmark. It specializes in quantum computing management software, offering solutions to address computational challenges across various industries such as life sciences, financial services, and logistics.

InPhocal

Grant in 2022
InPhocal develops innovative laser-based marking technology. Its patented long-focus laser beam enables high-quality printing on curved and uneven surfaces, helping manufacturers, chip producers, and food distributors reduce waste, lower costs, and expand branding opportunities.

Deep Render

Grant in 2022
Deep Render is a London-based AI startup spun out from Imperial College London's Department of Computing. It develops AI-powered video and image compression technology that leverages deep learning, density estimation, unsupervised learning, and quantum techniques to improve compression efficiency. The company has proprietary, patented technology in media and biological image compression, with state-of-the-art results delivering at least a 50% efficiency gain over previous standards.

Afon Technology

Grant in 2022
Afon Technology specializes in the development of non-invasive blood glucose monitoring devices aimed at benefiting individuals with diabetes. The company’s innovative technology allows for real-time, pain-free tracking of blood glucose levels, offering features such as continuous detection, potential pre-diabetic identification, and alarm alerts for high and low glucose levels. Users can access trend profiles and time-in-range statistics through a user-friendly app compatible with both iOS and Android systems. Additionally, Afon Technology’s device can transform any smartwatch into a glucose monitoring tool, providing fast and accurate measurements, data logging, and personalized health trends. This approach enhances daily management for diabetics, ultimately reducing the risk of diabetes-related complications.

Alesi Surgical

Grant in 2022
Alesi Surgical Ltd. is a company based in Cardiff, United Kingdom, specializing in the development and commercialization of laparoscopic surgical smoke handling systems. Founded in 2009 as a spin-out from the Welsh Institute for Minimal Access Therapy, Alesi Surgical focuses on creating products that enhance the safety, efficiency, and outcomes of surgical procedures. Its innovative tools are portable and suitable for both laparoscopic and robot-assisted surgeries, utilizing electrostatic precipitation technology to eliminate surgical smoke and maintain a clear visual field during operations. The company distributes its products to hospitals across Europe, the Middle East, New Zealand, and Australia, leveraging its access to experienced surgeons and surgical trainers to identify challenges in surgical procedures and design effective solutions.

Dimenco

Venture Round in 2022
Dimenco develops and markets autostereoscopic 3D technology solutions. Founded in 2010, the company offers displays, components, software, content conversion services, and consultancy for professional and consumer applications.

Gold Standard Phantoms

Grant in 2022
Gold Standard Phantoms specializes in the development, marketing, and sale of calibration services and devices for quantitative medical imaging, particularly in the realm of MRI technology. The company manufactures cylindrical phantoms that streamline the preparation process by eliminating the need for multiple sample vials, facilitating more efficient calibration. Its offerings include a cloud-based data analysis platform that ensures traceability to standardized values, allowing clinicians, medical physicists, and radiographers to obtain consistent quantitative measurements of diseases across different patients, scanners, and clinical environments. By enhancing the precision of MRI imaging, Gold Standard Phantoms aims to improve diagnostic accuracy and potentially reduce healthcare costs.

Nexdot

Pre Seed Round in 2022
Nexdot is a company specializing in the development and production of semiconductor nanocrystals known as Quantum Dots, with a particular focus on nanoplatelets—two-dimensional nanosheet Quantum Dots that exhibit enhanced properties. Originating as a spin-off from a renowned academic laboratory in Paris, Nexdot leverages over a decade of expertise in nanomaterial research. The company has invested four years in intensive research and development to establish unique capabilities in the synthesis of colloidal Quantum Dots and Nanoplatelets. Their proprietary materials, characterized by controlled shape and composition, are designed for a variety of applications, including displays, lighting, energy storage, detectors, and bio-imaging. Nexdot combines a team of highly skilled, passionate scientists with seasoned executives who possess a strong background in management and innovation leadership, positioning the company as a leader in the field.

Cailabs

Series C in 2022
CAILabs SAS is a French deep tech company headquartered in Rennes, specializing in the design, development, and production of photonic solutions aimed at optimizing light utilization in various applications. Established in 2013, CAILabs focuses on innovative optical components, particularly through its patented Multi-Plane Light Conversion (MPLC) technology. The company provides a range of products, including mode multiplexers, light converters, and laser beam shaping solutions tailored for the telecommunications and industrial laser sectors. Its offerings are designed to enhance the performance of fiber optic networks and laser material processing, addressing critical challenges such as atmospheric turbulence and the need for efficient signal multiplexing. CAILabs aims to leverage its expertise and technological innovations to create reliable and cost-effective solutions for clients in the photonics industry.

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.

Alpine Quantum Technologies GmbH

Grant in 2022
AQT specializes in the development of quantum computer technology aimed at processing information through innovative methods. The company utilizes electric fields and single charged atoms trapped in vacuum chambers to create its quantum systems. Each quantum bit, or qubit, is represented by an ion and is manipulated and measured using precisely timed laser pulses. This technology provides clients with a clear pathway toward large-scale quantum computing solutions, ranging from scalable ion-trap processors to photonic networks that interconnect quantum computers. AQT's advancements position it at the forefront of the quantum computing landscape, offering significant potential for future applications.

Alpine Quantum Technologies GmbH

Venture Round in 2022
AQT specializes in the development of quantum computer technology aimed at processing information through innovative methods. The company utilizes electric fields and single charged atoms trapped in vacuum chambers to create its quantum systems. Each quantum bit, or qubit, is represented by an ion and is manipulated and measured using precisely timed laser pulses. This technology provides clients with a clear pathway toward large-scale quantum computing solutions, ranging from scalable ion-trap processors to photonic networks that interconnect quantum computers. AQT's advancements position it at the forefront of the quantum computing landscape, offering significant potential for future applications.

AMSIMCEL

Seed Round in 2022
AMSIMCEL is a deep tech company based in Bucharest, founded in 2017, that specializes in developing advanced computing software for the semiconductor industry. The firm focuses on creating a Physical Verification framework powered by GPU technology, which enhances the efficiency of integrated circuits (IC) verification processes. By integrating advanced parallel computing and automating circuit verification, AMSIMCEL aims to accelerate machine simulations and improve design methodologies for complex projects. The company's innovations are intended to support clients in expediting their IC design and verification processes while ensuring the delivery of custom intellectual property and high-quality, bug-free silicon.

Tilkal

Venture Round in 2022
Tilkal develops a software infrastructure that organizes traceability across various supply chain stakeholders. Founded in 2017, the company is headquartered in Paris, France.

Tilkal

Grant in 2022
Tilkal develops a software infrastructure that organizes traceability across various supply chain stakeholders. Founded in 2017, the company is headquartered in Paris, France.

AugmedIT B.V.

Grant in 2022
AugmedIT B.V. is a medical software company founded in 2018 and located in Amsterdam, the Netherlands. The company specializes in developing augmented and mixed reality tools that enhance surgical procedures by enabling surgeons to create holograms of patients. AugmedIT's technology focuses on applications in neurosurgery, medical education, holographic visualization, and neuronavigation, aiming to improve precision and outcomes in medical practice through innovative visualization techniques.

Augmedit

Grant in 2022
At Augmedit, we're at the forefront of medical technology, where the power of augmented reality (AR) and extended Reality (XR) converge to transform the way surgeons and healthcare professionals operate and educate. Picture a world where surgeons effortlessly craft patient holograms with a few clicks, opening new avenues of patient engagement and communication. Our groundbreaking XR solutions bridge the gap between medical professionals and patients, offering a new dimension in healthcare communication. Envision patients and surgeons exploring and discussing their medical conditions and treatment options in an entirely immersive way. Or imagine pre-surgical planning collaborations between peers and colleagues... But that is just the beginning. At Augmedit, we believe in pushing the boundaries of what's possible by redefining neurosurgery with XR solutions designed to conquer neuro-navigation challenges within the operating room. Our commitment to medical innovation knows no bounds.

Vatorex

Convertible Note in 2022
Vatorex is a Swiss company that designs and develops electronic equipment to combat varroa mites and provides hive management and monitoring solutions for beekeeping. Its product line includes Varroa Solution, a heat-treatment system to kill varroa mites; the Full Hive Kit, for real-time hive monitoring and data collection; and Hive Manager, a mobile app for recording and organizing information about hives and yards. The company markets its products online and is based in Winterthur, Switzerland; it was founded in 2016. Vatorex employs a hyperthermic approach to improve honey bee health and protect colonies.

Nexdot

Grant in 2022
Nexdot is a company specializing in the development and production of semiconductor nanocrystals known as Quantum Dots, with a particular focus on nanoplatelets—two-dimensional nanosheet Quantum Dots that exhibit enhanced properties. Originating as a spin-off from a renowned academic laboratory in Paris, Nexdot leverages over a decade of expertise in nanomaterial research. The company has invested four years in intensive research and development to establish unique capabilities in the synthesis of colloidal Quantum Dots and Nanoplatelets. Their proprietary materials, characterized by controlled shape and composition, are designed for a variety of applications, including displays, lighting, energy storage, detectors, and bio-imaging. Nexdot combines a team of highly skilled, passionate scientists with seasoned executives who possess a strong background in management and innovation leadership, positioning the company as a leader in the field.

Dimenco

Grant in 2022
Dimenco develops and markets autostereoscopic 3D technology solutions. Founded in 2010, the company offers displays, components, software, content conversion services, and consultancy for professional and consumer applications.

Innitius

Venture Round in 2022
Innitius specializes in developing diagnostic devices aimed at enhancing women's health, particularly in the context of preterm birth. Utilizing innovative torsional ultrasound technology, the company has created a patented intravaginal probe that transmits torsional waves to assess changes in tissue consistency. This technology enables medical practitioners to evaluate the risk of preterm birth and the likelihood of successful labor induction. By providing actionable diagnostics, Innitius helps healthcare providers accurately identify false indications of premature labor, thereby improving patient care and outcomes in obstetrics.

AcouSort

Grant in 2022
AcouSort develops and sells laboratory equipment and integrated solutions using ultrasound to separate, wash, and enrich cells, exosomes, and other biological particles for research and diagnostics.

xFarm Technologies

Series B in 2022
xFarm Technologies is a tech company specializing in digitizing the agri-food sector. It offers innovative tools such as farm management apps, connected sensors, digital transformation support, agricultural algorithms, and training activities to enhance operational efficiency and sustainability for farmers worldwide.

tozero

Pre Seed Round in 2022
Tozero, founded in July 2022 in Munich, Germany, by Sarah Fleischer and Dr. Ksenija Milicevic Neumann, specializes in lithium-ion battery recycling technology. The company aims to accelerate decarbonization efforts by developing a scalable and sustainable machine for recovering critical materials such as lithium, nickel, cobalt, graphite, and manganese from various battery types. By enabling industries to reintroduce these valuable raw materials into the supply chain, Tozero contributes to more sustainable practices in battery production and reduces dependency on virgin resources.

Connecting Food

Venture Round in 2022
Connecting Food is a French company established in 2016 that specializes in food technology and blockchain solutions. It has developed a platform that enables real-time tracking and auditing of food products throughout the supply chain. The company's application, LiveAudit, allows for the digital auditing of product quality as it moves through production, providing transparency and traceability. This platform empowers various stakeholders, including farmers, manufacturers, retailers, and consumers, to access detailed information about food products, such as the origin of ingredients and production practices. By utilizing blockchain technology, Connecting Food enhances trust in agricultural and finished goods, helping to maintain brand integrity and consumer confidence.

Qu

Grant in 2022
Qu&Co is a prominent startup specializing in quantum-computational algorithm and software development, focusing on optimizing specialty chemicals, pharmaceuticals, and functional materials. The company creates software that enhances in-house discovery and optimization processes by advancing innovative quantum-computational chemistry methods. This technology integrates seamlessly into existing chemistry and material-science workflows, allowing industries such as pharmaceuticals to conduct complex chemistry and multiphysics simulations on future quantum processors. In January 2022, Qu&Co merged with PASQAL, a leader in neutral atom-based quantum hardware, solidifying its position as a key player in the European quantum computing landscape.

PoroUS

Grant in 2022
PoroUS combines non-ionizing 3D ultrasound technology and image guidance with sophisticated spectral signal processing to ensure the osteoporosis diagnosis. PoroUS’ cortical ultrasound back-scatter analysis offers a novel way to detect microstructural changes (porosity and thickness) in the cortical bone. PoroUS provides a precision- and operating independence-tool, which will improve the cost effectiveness and reduce the economic burden by preventing fragility fractures.

NewPhotonics

Grant in 2022
NewPhotonics specializes in designing Photonic Integrated Circuits (PICs) and optical modules to revolutionize optical communications in data centers. Their innovative Photonics Engines significantly reduce power consumption, improve reliability, and eliminate data rate bottlenecks for compute and AI workloads.

xFarm Technologies

Venture Round in 2022
xFarm Technologies is a tech company specializing in digitizing the agri-food sector. It offers innovative tools such as farm management apps, connected sensors, digital transformation support, agricultural algorithms, and training activities to enhance operational efficiency and sustainability for farmers worldwide.

Sordina IORT Technologies

Grant in 2022
S.I.T. provides copper intraoperative electron radiation therapy, flash radiation therapy research systems, a machining laboratory, a vacuum laboratory, a radio frequency laboratory, a welding laboratory, discovering, and developing services.

Quandela

Grant in 2022
Quandela is a company focused on advancing quantum computing technology, specifically in the realms of communication networks and optical computers. It specializes in manufacturing photonic quantum computers, which it supplies to industrial clients. A key innovation from Quandela is its single-photon source device, which integrates photonics with semiconductor quantum dots. This device enables the efficient collection of emitted single photons at high rates, significantly reducing charge noise decoherence and facilitating the emission of identical photons with high fidelity. Such capabilities are essential for the development of advanced quantum applications in communication, computation, and sensing, positioning Quandela as a pivotal player in the quantum technology landscape.

Reliefed Technologies

Grant in 2022
Reliefed Technologies AB, based in Varberg, Sweden, specializes in producing 3D printing components for various manufacturing sectors, including transportation, building materials, consumer products, and energy applications. The company has developed a globally patented 3D-production method called z.trusion®, which allows for the integration of 3D mass production into existing 2D production lines. This innovative technology significantly reduces energy consumption and costs, particularly in the new energy sector, where it can achieve up to 97% less energy usage and ten times higher production speeds. Reliefed Technologies focuses on advanced applications such as bipolar flow plates for fuel cells and electrolyzers, electrodes for lithium-ion batteries, and other energy-efficient solutions. The company is actively involved in industrialization projects with major multinational OEMs and Tier 1 suppliers, holding 44 patents across multiple countries. Through its technology, Reliefed aims to improve product performance and facilitate recycling, while also contributing to substantial savings in material and production costs.

PhoneOptika

Venture Round in 2022
PhoneOptika specializes in developing advanced optical film technology to enhance user experience and safety when interacting with digital displays on mobile devices.

HighLine Technology

Grant in 2022
HighLine Technology develops and commercializes highly efficient dispensing technology to reduce material usage in the photovoltaics sector and provides dispensing solutions for other industries. Its parallel dispensing technology lowers material consumption in solar cell manufacturing by applying front metal contacts to silicon solar cells and can be integrated into conventional production lines to replace the screen‑printing process for front‑side contacts, enabling resource savings, higher electricity yield, and improved throughput.

xFarm Technologies

Grant in 2022
xFarm Technologies is a tech company specializing in digitizing the agri-food sector. It offers innovative tools such as farm management apps, connected sensors, digital transformation support, agricultural algorithms, and training activities to enhance operational efficiency and sustainability for farmers worldwide.

AMSIMCEL

Grant in 2022
AMSIMCEL is a deep tech company based in Bucharest, founded in 2017, that specializes in developing advanced computing software for the semiconductor industry. The firm focuses on creating a Physical Verification framework powered by GPU technology, which enhances the efficiency of integrated circuits (IC) verification processes. By integrating advanced parallel computing and automating circuit verification, AMSIMCEL aims to accelerate machine simulations and improve design methodologies for complex projects. The company's innovations are intended to support clients in expediting their IC design and verification processes while ensuring the delivery of custom intellectual property and high-quality, bug-free silicon.

PoroUS

Venture Round in 2022
PoroUS combines non-ionizing 3D ultrasound technology and image guidance with sophisticated spectral signal processing to ensure the osteoporosis diagnosis. PoroUS’ cortical ultrasound back-scatter analysis offers a novel way to detect microstructural changes (porosity and thickness) in the cortical bone. PoroUS provides a precision- and operating independence-tool, which will improve the cost effectiveness and reduce the economic burden by preventing fragility fractures.

PhoneOptika

Grant in 2022
PhoneOptika specializes in developing advanced optical film technology to enhance user experience and safety when interacting with digital displays on mobile devices.

Tripleye

Grant in 2022
Founded in Berlin, Germany in 2020, Tripleye develops an automation platform that equips engineering teams with essential technology modules for constructing autonomous vehicles. Its platform enhances safety and precision across various applications, including mining, construction, space, and defense.

Synergia Medical

Grant in 2022
Synergia Medical is a Belgium-based medical device company developing neurostimulation technologies. It advances an optoelectronic neurostimulator platform that integrates biomaterials, optical components, biosensors and microelectronics to enable implantable and potentially MRI-safe devices. The focus is on MRI-safe, implanted neurostimulators for drug-resistant epilepsy and other indications, with wires replaced by fiber optics and photovoltaic cells that convert light into electrical impulses. Founded in 2013 and headquartered in Mont-Saint-Guibert, the company pursues next-generation neurostimulation solutions, including its NAOS platform, and has pursued ISO13485 certification. Development is supported by private investors and public research grants, reflecting a multidisciplinary approach to bring novel neurostimulation devices to market.

Aviwell

Grant in 2022
Aviwell is a company focused on enhancing animal health and growth through the development of natural and sustainable solutions. Utilizing a microbiota-based platform powered by artificial intelligence and machine learning, Aviwell operates at the intersection of digital and life sciences. The company aims to provide insights that improve animal health and performance while addressing the agri-food industry's challenges in sustainably feeding a growing global population. By prioritizing health and sustainability, Aviwell seeks to offer effective solutions at a reduced cost, ultimately contributing to better nourishment for the planet.

Reliefed Technologies

Venture Round in 2022
Reliefed Technologies AB, based in Varberg, Sweden, specializes in producing 3D printing components for various manufacturing sectors, including transportation, building materials, consumer products, and energy applications. The company has developed a globally patented 3D-production method called z.trusion®, which allows for the integration of 3D mass production into existing 2D production lines. This innovative technology significantly reduces energy consumption and costs, particularly in the new energy sector, where it can achieve up to 97% less energy usage and ten times higher production speeds. Reliefed Technologies focuses on advanced applications such as bipolar flow plates for fuel cells and electrolyzers, electrodes for lithium-ion batteries, and other energy-efficient solutions. The company is actively involved in industrialization projects with major multinational OEMs and Tier 1 suppliers, holding 44 patents across multiple countries. Through its technology, Reliefed aims to improve product performance and facilitate recycling, while also contributing to substantial savings in material and production costs.

Tripleye

Venture Round in 2022
Founded in Berlin, Germany in 2020, Tripleye develops an automation platform that equips engineering teams with essential technology modules for constructing autonomous vehicles. Its platform enhances safety and precision across various applications, including mining, construction, space, and defense.

SiPearl

Grant in 2022
SiPearl is a French semiconductor company specializing in designing high-performance, low-power microprocessors for exascale supercomputers. Its flagship product, Rhea, based on Arm Neoverse V1 architecture and manufactured using TSMC's N6 or better processes, aims to advance computing infrastructure for critical applications such as HPC, AI, and data centers.

SiPearl

Series A in 2022
SiPearl is a French semiconductor company specializing in designing high-performance, low-power microprocessors for exascale supercomputers. Its flagship product, Rhea, based on Arm Neoverse V1 architecture and manufactured using TSMC's N6 or better processes, aims to advance computing infrastructure for critical applications such as HPC, AI, and data centers.

Qubit Pharmaceuticals

Seed Round in 2022
Qubit Pharmaceuticals is a Paris-based drug discovery company established in 2020. It develops a simulation platform that reduces the cost and duration of preclinical development by using proprietary force field models and molecular dynamics to perform virtual screening and visualization, enabling the identification of viable drug candidates. The platform applies quantum physics-inspired modeling to support biopharmaceutical research and aims to translate advanced computational methods into practical tools for drug development.

Sensibel

Series A in 2022
sensiBel AS, founded in 2016 and located in Oslo, Norway, specializes in the development of ultra-high-sensitivity microphones utilizing optical micro-electro-mechanical system (MEMS) technology. The company focuses on creating microphones that offer optical ultra-low noise performance, enhancing voice control technology without sacrificing acoustic overload point and total harmonic distortion. This innovative approach enables superior speech recognition capabilities and high-quality audio capture, making it a valuable contributor to advancements in voice control applications.

AGADE

Venture Round in 2022
AGADE specializes in robotic exoskeletons. Its flagship product, AGADEXO, significantly reduces muscle fatigue and injury risks associated with repetitive tasks by providing variable support, mimicking zero-gravity movements.

Miraex

Grant in 2022
Miraex develops and manufactures photonic and quantum solutions for sensing, networking and computing. Based in Lausanne, Switzerland, the company produces photonic sensors, quantum transducers and quantum converters for industrial solutions, aerospace, security and defense, as well as quantum networking and computing applications. Its industrial sensing offerings aim to prevent asset failures in demanding environments where conventional electronic sensors are inadequate. Miraex also builds quantum integrated circuits for high-sensitivity measurements and distributed quantum computing infrastructures, and pursues full-stack photonic and quantum systems, including prototypes and patented quantum interconnect designs to scale quantum processors, microwave and ion-trap modules, quantum memories, and quantum-enhanced RF receivers for satellite communications and next-generation optical radar systems.

Lumiphase

Grant in 2022
Lumiphase develops innovative optical communication chips that are highly efficient, compact, and cost-effective. These silicon photonics chips enable users to create optical modules for telecommunications and data communications applications, fostering more flexible, efficient, and sustainable computing resource usage in data centers.

Crocus Labs

Grant in 2022
Crocus Labs is a Berlin-based deep tech company specializing in advanced light engine technology. It develops energy-saving solutions for wellness, horticultural, and specialty lighting applications, aiming to bring its innovations to residential, commercial, and industrial spaces worldwide.

DRONAMICS

Grant in 2022
Dronamics is a developer of advanced unmanned aerial systems aimed at transforming airfreight logistics. By creating a new type of small, unmanned cargo airplane that is highly fuel-efficient, Dronamics aims to democratize shipping in emerging markets. The aircraft can transport payloads of 350 kilograms over distances of 2,500 kilometers at costs significantly lower than traditional air transport, reducing shipping expenses by over 50%. Designed for autonomous flight, the aircraft can be remotely monitored and managed via satellite, making it suitable for challenging delivery scenarios, including remote and mountainous regions. As the first and only Strategic Partner for drones recognized by IATA, Dronamics is positioned to make a substantial impact in the commercial logistics sector.

Rise Technology

Grant in 2022
Rise Technology provides photovoltaic equipment, instruments, semiconductor, biomedical, and packaging products. Their customers contact them through email, mobile, and online applications.

PASQAL

Grant in 2022
Pasqal SAS, founded in 2019 and headquartered in Paris, France, specializes in the manufacture of quantum information processors utilizing atomic arrays. The company focuses on developing full-stack quantum computing technology that simulates complex phenomena to facilitate scientific discovery. Its innovative approach employs qubits made of neutral atoms organized in large two-dimensional and three-dimensional arrays, which enables analog computing. This technology addresses a variety of challenges, including optimization, drug discovery, and machine learning, empowering organizations to tackle complex problems across these fields.

Crocus Labs

Venture Round in 2022
Crocus Labs is a Berlin-based deep tech company specializing in advanced light engine technology. It develops energy-saving solutions for wellness, horticultural, and specialty lighting applications, aiming to bring its innovations to residential, commercial, and industrial spaces worldwide.

DRONAMICS

Venture Round in 2022
Dronamics is a developer of advanced unmanned aerial systems aimed at transforming airfreight logistics. By creating a new type of small, unmanned cargo airplane that is highly fuel-efficient, Dronamics aims to democratize shipping in emerging markets. The aircraft can transport payloads of 350 kilograms over distances of 2,500 kilometers at costs significantly lower than traditional air transport, reducing shipping expenses by over 50%. Designed for autonomous flight, the aircraft can be remotely monitored and managed via satellite, making it suitable for challenging delivery scenarios, including remote and mountainous regions. As the first and only Strategic Partner for drones recognized by IATA, Dronamics is positioned to make a substantial impact in the commercial logistics sector.

XenomatiX

Grant in 2022
XenomatiX specializes in developing automotive vision systems for advanced driver assistance systems (ADAS) and autonomous driving applications. Their solutions employ complementary metal oxide semiconductor-based detectors, multi-beam laser projectors, and light detection and ranging technology to provide real-time 3D digitization of a vehicle's surroundings. Additionally, their solid-state LiDAR solutions cater to industries such as road construction, surveying, industrial, mining, agriculture, off-road vehicles, and railways.

Novolyze

Series A in 2022
Novolyze specializes in enhancing food safety and quality for the food and beverage industry. It leverages IoT and cloud computing to unify data, transform it into actionable insights, and facilitate real-time decision-making.

Cailabs

Grant in 2022
CAILabs SAS is a French deep tech company headquartered in Rennes, specializing in the design, development, and production of photonic solutions aimed at optimizing light utilization in various applications. Established in 2013, CAILabs focuses on innovative optical components, particularly through its patented Multi-Plane Light Conversion (MPLC) technology. The company provides a range of products, including mode multiplexers, light converters, and laser beam shaping solutions tailored for the telecommunications and industrial laser sectors. Its offerings are designed to enhance the performance of fiber optic networks and laser material processing, addressing critical challenges such as atmospheric turbulence and the need for efficient signal multiplexing. CAILabs aims to leverage its expertise and technological innovations to create reliable and cost-effective solutions for clients in the photonics industry.

Seaborg Technologies

Grant in 2022
Founded in 2014, Seaborg Technologies develops and operates thorium-based molten salt reactors (MSRs) for clean energy production. The company also designs software tools to assist MSR companies and aims to provide affordable, sustainable nuclear power.

Connecting Food

Grant in 2022
Connecting Food is a French company established in 2016 that specializes in food technology and blockchain solutions. It has developed a platform that enables real-time tracking and auditing of food products throughout the supply chain. The company's application, LiveAudit, allows for the digital auditing of product quality as it moves through production, providing transparency and traceability. This platform empowers various stakeholders, including farmers, manufacturers, retailers, and consumers, to access detailed information about food products, such as the origin of ingredients and production practices. By utilizing blockchain technology, Connecting Food enhances trust in agricultural and finished goods, helping to maintain brand integrity and consumer confidence.

Alice & Bob

Series A in 2022
Alice & Bob is a Paris-based quantum computing hardware company founded in 2020. It develops universal quantum computers designed to enable industries and researchers to tackle complex problems. The company focuses on integrating error correction into its hardware, using cat qubits with built-in error resilience, and provides a platform with cloud access for remote testing and expert support. This combination aims to deliver early quantum computational advantages for practical applications in science and industry.

Qnami

Grant in 2022
Qnami AG is a Swiss company that specializes in the development of quantum sensing technologies for non-invasive magnetic imaging at the nanoscale. Founded in 2017 and based in Basel, Qnami's flagship products include the ProteusQ, a magnetic imaging microscope, and the Quantum Diamond, which features diamond probes with a single nitrogen-vacancy center for high-resolution imaging. These technologies allow for advanced applications in various fields, including multiferroic antiferromagnets, magnetic random-access memory (MRAM), and superconductivity. By enabling researchers and industries to measure electric and magnetic fields with exceptional sensitivity, Qnami enhances the capabilities of imaging techniques and supports groundbreaking scientific studies and industrial advancements.

Insolight

Grant in 2022
Insolight is an energy company founded in 2015 that specializes in the development and manufacturing of advanced solar panels. The company has achieved record efficiency levels of 29 percent for its solar modules, significantly lowering residential solar electricity costs. Insolight utilizes innovative optical technology that combines high efficiency with the ease of mounting similar to standard flat panels. The company has also demonstrated its capabilities through third-party validations, achieving 36 percent efficiency on lab prototypes and 29 percent on pre-industrial modules. Insolight's business model focuses on developing intellectual property, controlling wholesale distribution, and outsourcing manufacturing. Additionally, the company is engaged in creating photovoltaic systems aimed at reducing solar electricity costs in the agricultural sector, employing integrated tracking methods to optimize energy production based on the sun's position.

Scrona

Grant in 2022
Scrona specializes in micro- and nanotechnology, focusing on simplifying these advanced fields for both consumers and industries. The company has developed a three-dimensional nano drip printing technology that facilitates rapid and cost-effective production. Scrona is centered on printhead development and collaborates with partners to provide comprehensive manufacturing equipment and next-generation products. This approach enables businesses to produce printed materials of high quality at reduced costs, thereby revolutionizing the landscape of micro- and nanofabrication.

DyeMansion

Venture Round in 2022
Founded in Munich, Germany in 2013, DyeMansion specializes in transforming raw, 3D-printed polymer parts into high-value consumer and industrial products. The company offers precision coloring and finishing systems that work with major industrial powder-bed 3D printing systems, enabling high-volume production for diverse applications.

BELKIN Vision

Grant in 2021
BELKIN Vision is a company focused on developing innovative laser devices to aid healthcare professionals in the treatment of glaucoma. Its products are characterized by being non-invasive, non-contact, instantaneous, painless, and automated, providing effective laser therapy options. The company's mission is to enhance accessibility to first-line drop-less glaucoma care, enabling any ophthalmologist to effectively treat patients. By streamlining the treatment process, BELKIN Vision aims to improve patient outcomes and overall quality of care within the medical community.

BELKIN Vision

Venture Round in 2021
BELKIN Vision is a company focused on developing innovative laser devices to aid healthcare professionals in the treatment of glaucoma. Its products are characterized by being non-invasive, non-contact, instantaneous, painless, and automated, providing effective laser therapy options. The company's mission is to enhance accessibility to first-line drop-less glaucoma care, enabling any ophthalmologist to effectively treat patients. By streamlining the treatment process, BELKIN Vision aims to improve patient outcomes and overall quality of care within the medical community.
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