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

Past deals in Transport and logistics

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.

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.

Transmetrics

Convertible Note in 2023
Transmetrics is an advanced AI platform tailored specifically for the supply chain sector, focusing on optimizing transport planning through predictive analytics and machine learning. The company integrates human expertise with artificial intelligence to enhance operational efficiency while minimizing the environmental impact of logistics. Transmetrics employs a distinctive methodology for analyzing, modeling, and predicting transport flows with high accuracy, drawing on a blend of technical proficiency in big data and predictive analytics alongside deep knowledge of transport and logistics. Its software-as-a-service solutions provide cargo companies with capabilities in data cleansing, demand forecasting, and network optimization. Clients utilizing Transmetrics' technology have reported substantial improvements, including reductions in transport costs by up to 25% and increased fleet utilization by up to 14%, all while maintaining high service levels.

HSL Technologies

Series A in 2023
HSL Technologies specializes in innovative hydrogen transport and storage solutions, centered around its proprietary HydroSil technology. This breakthrough allows for the safe transportation of hydrogen using conventional infrastructure, significantly reducing risks associated with hydrogen handling. The company designs a hydrogen-based liquid carrier that enables the charging and releasing of hydrogen in a stable, non-toxic, and non-explosive form. This carrier generates no emissions and is suitable for various applications, including fuel cells that power vehicles, generators, and portable devices. HSL Technologies is committed to sustainability and aims to lead the transition towards a carbon-free future, positioning itself as a key player in the evolving hydrogen industry.

Energy Robotics

Grant in 2022
Energy Robotics is a developer of advanced robotics systems aimed at enhancing productivity, safety, and data management in capital-intensive industrial sectors. The company has introduced a commercially available software platform that integrates a hardware-independent robot operating system, cloud-based fleet management, and AI-driven data analysis. Its autonomous robots are specifically designed for remote inspection and monitoring in challenging environments, such as oil, gas, and petrochemical industries, as well as in the energy and security sectors. By employing a Software-as-a-Service model, Energy Robotics provides its software solutions and necessary IT infrastructure, utilizing hardware from various third-party vendors to optimize operations and minimize human exposure to hazardous conditions.

Swiss Airtainer

Grant in 2022
Swiss Airtainer specializes in the design and production of temperature-controlled containers for air transportation of pharmaceuticals. Their innovative unit load device, designed to streamline the cold chain, ensures energy efficiency, precise temperature regulation, secure storage, and real-time connectivity, providing clients with a cost-effective and reliable solution for their temperature-sensitive cargo.

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.

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.

DENS

Grant in 2021
Dutch Energy Systems focuses on innovative hydrazine solutions that enable the generation of hydrogen and electricity for enterprises operating independently of the power grid. The company manufactures a power generator that converts hydrazine into hydrogen, subsequently producing electricity. This technology offers a renewable and zero-emission alternative to traditional diesel-powered generators, providing clients with a sustainable and silent power source. DENS solutions are particularly beneficial in reducing emissions from heavy-duty vehicles and machinery across various sectors, including agriculture and construction, which typically rely on diesel fuel. By promoting cleaner energy alternatives, Dutch Energy Systems aims to contribute significantly to environmental sustainability.

VoltAero

Grant in 2020
VoltAero is a manufacturer of electric aircraft that focuses on creating safe, quiet, efficient, and environmentally friendly flight solutions. The company has developed a unique aircraft featuring parallel electric-hybrid propulsion, which enhances its performance and sustainability. VoltAero's aircraft serve as a reliable platform for various applications, including private ownership, air taxi or charter services, and commercial flights for regional travel. By providing innovative electric flight options, VoltAero aims to facilitate the transition to a new era of aviation, supporting both individual and commercial clients in their pursuit of greener air transportation solutions.

Electrochaea

Venture Round in 2020
Electrochaea GmbH is a German company specializing in the development and commercialization of innovative power-to-gas energy storage technology. Founded in 2010 and headquartered in Planegg, Germany, with additional facilities in Denmark and California, Electrochaea's proprietary biocatalytic process converts low-cost electricity and carbon dioxide into pipeline-grade renewable methane, the primary component of natural gas. This technology enables the efficient storage of renewable energy generated from sources like wind and solar, facilitating grid balancing and carbon recycling. By converting stranded electricity into renewable gas, Electrochaea provides a solution for utility-scale energy storage and supports the decarbonization of transportation and natural gas grids. The company aims to enhance existing infrastructure for energy transmission and contribute to a more sustainable energy landscape.

Wavefoil

Grant in 2020
Wavefoil is a company that specializes in innovative retractable bow foil technology aimed at enhancing the performance of marine vessels. Its products are designed to reduce fuel consumption and minimize ship motions in waves, thereby improving overall efficiency. The foils incorporate a smart retraction mechanism and utilize lightweight yet durable composite materials, which allow for effective lift generation as the vessel navigates through turbulent waters. By providing a solution that facilitates wave propulsion, Wavefoil enables clients to optimize their marine operations while addressing environmental sustainability concerns.

Wavefoil

Venture Round in 2020
Wavefoil is a company that specializes in innovative retractable bow foil technology aimed at enhancing the performance of marine vessels. Its products are designed to reduce fuel consumption and minimize ship motions in waves, thereby improving overall efficiency. The foils incorporate a smart retraction mechanism and utilize lightweight yet durable composite materials, which allow for effective lift generation as the vessel navigates through turbulent waters. By providing a solution that facilitates wave propulsion, Wavefoil enables clients to optimize their marine operations while addressing environmental sustainability concerns.

Electrochaea

Grant in 2020
Electrochaea GmbH is a German company specializing in the development and commercialization of innovative power-to-gas energy storage technology. Founded in 2010 and headquartered in Planegg, Germany, with additional facilities in Denmark and California, Electrochaea's proprietary biocatalytic process converts low-cost electricity and carbon dioxide into pipeline-grade renewable methane, the primary component of natural gas. This technology enables the efficient storage of renewable energy generated from sources like wind and solar, facilitating grid balancing and carbon recycling. By converting stranded electricity into renewable gas, Electrochaea provides a solution for utility-scale energy storage and supports the decarbonization of transportation and natural gas grids. The company aims to enhance existing infrastructure for energy transmission and contribute to a more sustainable energy landscape.

VoltAero

Venture Round in 2020
VoltAero is a manufacturer of electric aircraft that focuses on creating safe, quiet, efficient, and environmentally friendly flight solutions. The company has developed a unique aircraft featuring parallel electric-hybrid propulsion, which enhances its performance and sustainability. VoltAero's aircraft serve as a reliable platform for various applications, including private ownership, air taxi or charter services, and commercial flights for regional travel. By providing innovative electric flight options, VoltAero aims to facilitate the transition to a new era of aviation, supporting both individual and commercial clients in their pursuit of greener air transportation solutions.

HSL Technologies

Grant in 2020
HSL Technologies specializes in innovative hydrogen transport and storage solutions, centered around its proprietary HydroSil technology. This breakthrough allows for the safe transportation of hydrogen using conventional infrastructure, significantly reducing risks associated with hydrogen handling. The company designs a hydrogen-based liquid carrier that enables the charging and releasing of hydrogen in a stable, non-toxic, and non-explosive form. This carrier generates no emissions and is suitable for various applications, including fuel cells that power vehicles, generators, and portable devices. HSL Technologies is committed to sustainability and aims to lead the transition towards a carbon-free future, positioning itself as a key player in the evolving hydrogen industry.
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