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 Water

TreaTech

Series A in 2023
TreaTech is a Swiss Cleantech company founded in 2015 by engineers from the École Polytechnique Fédérale de Lausanne (EPFL). The company focuses on developing innovative treatment technology aimed at addressing the challenges of wastewater management. Its catalytic hydrothermal gasification (HTG) system provides an eco-friendly solution for the disposal of various liquid wastes, such as sewage sludge, which are typically incinerated or sent to landfills. This advanced thermochemical process transforms these wastes into valuable by-products, including renewable gas, clean water, and mineral salts that can be further upgraded into fertilizers. TreaTech's approach aligns with sustainable development goals and the principles of a circular economy, enabling clients to benefit from efficient wastewater treatment while recycling essential resources.

SolarDew

Venture Round in 2022
SolarDew, based in Rhenen, the Netherlands, specializes in innovative membrane distillation technology that efficiently generates pure drinking water from contaminated or saline sources. The company develops modular desalination and purification systems powered solely by solar energy, eliminating the need for external power sources. This approach not only addresses water scarcity but also empowers local entrepreneurs to establish and manage water purification businesses within their communities. By providing a sustainable solution for water quality improvement, SolarDew contributes to enhanced access to safe drinking water.

Klearia

Grant in 2022
Klearia specializes in the development of microfluidic technology for analyzing heavy metals in water, catering primarily to industrial clients. The company focuses on creating glass microfluidic solutions that include fluid control modules, sensors, and analyzers designed for innovative chemistry applications. By utilizing miniaturized chip-based devices, Klearia enables researchers and industrial users to perform precise experiments with minimal sample volumes, enhancing the efficiency and accuracy of chemical analysis.

Ocean Oasis

Grant in 2022
Ocean Oasis is a water company that develops a new and sustainable way of producing fresh water using wave power. The company's solution is an environmentally friendly, flexible, and robust desalination platform driven by wave power that can deliver fresh water to shore at a competitive cost. Ocean Oasis utilizes the power of waves to deliver desalinated water to shore where needed in a flexible, efficient way and without emissions, through putting Norway’s unique offshore competence to work. The company was founded in 2020 and is based in Oslo, Norway.

AQUABATTERY

Grant in 2021
AquaBattery specializes in the development of cleantech flow batteries designed for large-scale energy storage. The company focuses on providing affordable, sustainable, and safe energy storage solutions by utilizing renewable energy technologies. AquaBattery's innovative approach involves storing electricity using a simple combination of water and table salt, allowing for a power unit that can be adjusted independently from the energy storage capacity. This ensures that clients receive batteries that are not only effective but also free from harmful and toxic chemicals, making them an environmentally friendly choice for various energy storage needs.

Arborea

Grant in 2021
Arborea Ltd. is a biochemical technology company based in London, United Kingdom, which focuses on developing bio-based products aimed at enhancing urban living and improving wastewater treatment. Founded in 2015 by CEO Julian Melchiorri, Arborea has pioneered the BioSolar Leaf system, an innovative tiling technology that mimics the natural processes of photosynthesis. This system not only sequesters carbon dioxide and generates breathable oxygen but also reduces energy consumption for climate control in buildings and purifies the air. By cultivating microscopic plants, Arborea aims to create a sustainable source of healthy food ingredients and proteins, offering a scalable solution that minimizes production costs while addressing the growing demand for nutritious and environmentally friendly food options.

iFLUX

Grant in 2021
iFLUX is a company focused on sustainable groundwater management, addressing the pressing issue of water scarcity. Founded in 2017, it utilizes patented groundwater sampling technology, known as iFLUX Samplers, to monitor groundwater contamination effectively. This technology facilitates faster and more cost-efficient remediation projects by tracking groundwater and contaminant movement over time. iFLUX combines commercial sensors with unique vertical and horizontal flux sensors to create advanced real-time digital monitoring networks. These networks provide actionable insights through a personalized dashboard, allowing clients to analyze and interpret data related to groundwater dynamics. The company's solutions are designed for various sectors, including cities, conservation parks, the construction industry, and drinking water utilities, enabling them to manage complex groundwater challenges and reduce the risks associated with soil contamination. Through its innovative approach, iFLUX empowers clients to take immediate and informed actions to protect groundwater resources.

PYDRO

Grant in 2021
Pydro GmbH, founded in 2016 and based in Hamburg, Germany, specializes in developing modular water turbines aimed at enhancing pressure management and energy recovery within water pipe networks. The company offers two primary products: the PT1 Pydro Turbine, designed for powering monitoring equipment, and the PT2 Pydro Turbine, which supports pressure management devices, chlorination systems, remote terminals, and sump pumps. Pydro's technologies focus on creating compact energy recovery solutions that are eco-friendly and self-sustaining. Their self-powered flowmeter, equipped with IoT sensors, harnesses the energy from flowing water to operate without external power, enabling precise monitoring of flow, pressure, and temperature in water systems. This innovation allows for effective device-to-cloud communication, making it suitable for large-scale deployment in water utilities and distribution networks.

Mimbly

Grant in 2020
Mimbly is a company focused on sustainability through innovative water-saving and microplastic-capturing solutions. It manufactures a system designed for laundry applications that recycles water in washing processes. This system connects to a washing machine via a water intake valve, where it tracks, analyzes, and purifies water during each cycle, allowing for its reuse. Mimbly's technology enables professional laundry facilities to adopt more sustainable practices, significantly conserving water, reducing microplastic pollution, and lowering CO2 emissions.

TreaTech

Venture Round in 2020
TreaTech is a Swiss Cleantech company founded in 2015 by engineers from the École Polytechnique Fédérale de Lausanne (EPFL). The company focuses on developing innovative treatment technology aimed at addressing the challenges of wastewater management. Its catalytic hydrothermal gasification (HTG) system provides an eco-friendly solution for the disposal of various liquid wastes, such as sewage sludge, which are typically incinerated or sent to landfills. This advanced thermochemical process transforms these wastes into valuable by-products, including renewable gas, clean water, and mineral salts that can be further upgraded into fertilizers. TreaTech's approach aligns with sustainable development goals and the principles of a circular economy, enabling clients to benefit from efficient wastewater treatment while recycling essential resources.

TreaTech

Grant in 2020
TreaTech is a Swiss Cleantech company founded in 2015 by engineers from the École Polytechnique Fédérale de Lausanne (EPFL). The company focuses on developing innovative treatment technology aimed at addressing the challenges of wastewater management. Its catalytic hydrothermal gasification (HTG) system provides an eco-friendly solution for the disposal of various liquid wastes, such as sewage sludge, which are typically incinerated or sent to landfills. This advanced thermochemical process transforms these wastes into valuable by-products, including renewable gas, clean water, and mineral salts that can be further upgraded into fertilizers. TreaTech's approach aligns with sustainable development goals and the principles of a circular economy, enabling clients to benefit from efficient wastewater treatment while recycling essential resources.
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