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 AgTech

FibriTech

Convertible Note in 2024
FibriTech specializes in the development of advanced technologies for the production of 3D fiber network materials, which have a variety of applications across multiple industries. The company provides innovative solutions in areas such as agritech, packaging, filtration, insulation, and biocomposites. FibriTech's products offer a sustainable alternative to conventional materials like Styrofoam and various foamed plastics, delivering lightweight yet strong biomaterials that are both functional and environmentally friendly. By focusing on the creation of spatially shapable materials, FibriTech aims to address the challenges posed by traditional materials while promoting sustainability in manufacturing processes.

Smart Farm Robotix

Grant in 2024
Smart Farm Robotix specializes in manufacturing agricultural robots that tackle the challenges of manual weeding, herbicide use, and machine weeding. Their robots provide a cost-effective, reliable, and fully automated solution, equipped with innovative weed detection and elimination technology. This enables farmers to cultivate crops more efficiently and sustainably, while reducing dependence on manual labor and harmful chemicals.

Brite Solar

Series A in 2024
Brite Solar is a nanomaterials company focused on developing advanced transparent solar glass technologies primarily for greenhouse and building applications. The company utilizes innovative materials and deposition techniques to create glass panels that can generate electricity through Die Sensitized Solar Cells (DSSC). This solar glass allows greenhouses to produce the energy needed to sustain their internal environments, significantly reducing their reliance on external electricity and lowering operating costs by approximately 28%. Additionally, Brite Solar's technology, which involves ink-jet printing nano-materials onto glass, simplifies the production process compared to traditional solar panels, making it more cost-effective. In the future, the company plans to expand its technology to include auto-dimming glass and architectural glass for building construction, further contributing to energy efficiency and sustainability in the built environment.

Aviwell

Grant in 2023
Aviwell is focused on creating healthy, natural, and sustainable solutions aimed at enhancing animal health and growth, thereby contributing to global nourishment. The company operates a microbiota-based discovery platform that leverages artificial intelligence and machine learning to bridge digital and life sciences. By developing innovative food products, Aviwell seeks to provide valuable insights into animal health, growth, and performance, ultimately supporting the agri-food industry in its efforts to sustainably meet the needs of a growing population.

Agurotech

Grant in 2023
Agurotech specializes in developing soil sensing technology designed to enhance agricultural practices. The company's offerings include reliable sensing devices and tailored irrigation recommendations that help farmers optimize water usage and nutrients. By leveraging Internet of Things applications, Agurotech enables data-driven farming, allowing agricultural and horticultural producers to improve decision-making and increase productivity. Their focus on continuous improvement in the irrigation process aims to save natural resources while providing farmers with actionable insights for more effective resource management.

PATS

Venture Round in 2023
PATS Indoor Drone Solutions, founded in 2018 and based in Delft, the Netherlands, specializes in the design and development of small autonomous drones aimed at insect control. The company employs bioinspired technology to maintain the delicate balance of greenhouse ecosystems by selectively targeting and eliminating harmful insects. With a growing demand for sustainable agricultural practices and increasing regulations on traditional insecticides, PATS addresses these market needs by offering a more environmentally friendly alternative. Their innovative approach not only facilitates sustainable insect management but also helps horticulture farmers reduce costs associated with traditional insect control methods.

SAIA Agrobotics

Seed Round in 2022
Saia Agrobotics is focused on transforming agriculture through advanced robotics, specifically aimed at enhancing food production in greenhouses and indoor farming environments. The company develops autonomous robots designed to automate various tasks in the horticulture sector, including harvesting and crop handling. By utilizing artificial intelligence in their robotic systems, Saia Agrobotics addresses challenges related to climate change and food security, allowing farmers to achieve improved yields with reduced land usage. The company aims to make indoor farming more accessible and affordable, thereby supporting sustainable agricultural practices and ensuring food security in the face of global challenges.

Odd.Bot

Seed Round in 2022
Odd.Bot is a technology company specializing in the development and manufacture of autonomous farming robots. Their flagship product, the Maverick robot, is designed to eliminate weeds in crops like carrots and onions without the use of chemicals. Operating around the clock, the robot effectively identifies and removes weeds in dense crops, promoting environmentally friendly agriculture.

Elicit Plant

Funding Round in 2022
Elicit Plant is an agro-biotech company focused on enhancing the resilience of crops to water stress and developing phytosterol-based solutions. By leveraging proprietary technology, Elicit Plant aims to address the challenges posed by climate change on agriculture. The company’s products are designed to improve plant stress resistance and activate natural defenses, which has been validated through extensive field trials across three continents. These trials demonstrate that Elicit Plant's biosolutions provide farmers with consistent and significant returns on investment, positioning the company as a leader in the ecological transition within the agricultural sector.

Brite Solar

Venture Round in 2022
Brite Solar is a nanomaterials company focused on developing advanced transparent solar glass technologies primarily for greenhouse and building applications. The company utilizes innovative materials and deposition techniques to create glass panels that can generate electricity through Die Sensitized Solar Cells (DSSC). This solar glass allows greenhouses to produce the energy needed to sustain their internal environments, significantly reducing their reliance on external electricity and lowering operating costs by approximately 28%. Additionally, Brite Solar's technology, which involves ink-jet printing nano-materials onto glass, simplifies the production process compared to traditional solar panels, making it more cost-effective. In the future, the company plans to expand its technology to include auto-dimming glass and architectural glass for building construction, further contributing to energy efficiency and sustainability in the built environment.

Vatorex

Convertible Note in 2022
Vatorex AG, founded in 2016 and based in Winterthur, Switzerland, specializes in developing electronic solutions for beekeeping, specifically targeting the varroa mite, a significant threat to honey bee health. The company offers a range of products, including the Varroa Solution, a heat treatment system that effectively eliminates varroa mites while preserving the bees. Additionally, Vatorex provides the Full Hive Kit, which enables real-time monitoring and data collection for hive management, and the Hive Manager mobile application, designed for organizing hive-related information. By focusing on hyperthermic treatment that exploits the different temperature tolerances of bees and mites, Vatorex aims to enhance the health and sustainability of bee populations. The company markets its innovative solutions online, contributing to modern beekeeping practices.

Odd.Bot

Grant in 2022
Odd.Bot is a technology company specializing in the development and manufacture of autonomous farming robots. Their flagship product, the Maverick robot, is designed to eliminate weeds in crops like carrots and onions without the use of chemicals. Operating around the clock, the robot effectively identifies and removes weeds in dense crops, promoting environmentally friendly agriculture.

Elicit Plant

Grant in 2022
Elicit Plant is an agro-biotech company focused on enhancing the resilience of crops to water stress and developing phytosterol-based solutions. By leveraging proprietary technology, Elicit Plant aims to address the challenges posed by climate change on agriculture. The company’s products are designed to improve plant stress resistance and activate natural defenses, which has been validated through extensive field trials across three continents. These trials demonstrate that Elicit Plant's biosolutions provide farmers with consistent and significant returns on investment, positioning the company as a leader in the ecological transition within the agricultural sector.

SAIA Agrobotics

Grant in 2022
Saia Agrobotics is focused on transforming agriculture through advanced robotics, specifically aimed at enhancing food production in greenhouses and indoor farming environments. The company develops autonomous robots designed to automate various tasks in the horticulture sector, including harvesting and crop handling. By utilizing artificial intelligence in their robotic systems, Saia Agrobotics addresses challenges related to climate change and food security, allowing farmers to achieve improved yields with reduced land usage. The company aims to make indoor farming more accessible and affordable, thereby supporting sustainable agricultural practices and ensuring food security in the face of global challenges.

xFarm

Series B in 2022
xFarm Technologies is a technology company dedicated to digitizing the agri-food sector by providing innovative solutions for farmers and agricultural stakeholders. The company offers a comprehensive digital farm management platform that includes applications for farm management, connected sensors, and support for digital transformation projects. Additionally, xFarm Technologies employs algorithms tailored for agricultural applications and provides training activities to enhance sector-wide capabilities. The company serves a diverse clientele, supporting approximately 80,000 farms across more than 30 supply chains, spanning 1 million hectares in over 100 countries worldwide. Through its tools and services, xFarm Technologies aims to facilitate the digitalization of processes within the agriculture industry.

xFarm

Grant in 2022
xFarm Technologies is a technology company dedicated to digitizing the agri-food sector by providing innovative solutions for farmers and agricultural stakeholders. The company offers a comprehensive digital farm management platform that includes applications for farm management, connected sensors, and support for digital transformation projects. Additionally, xFarm Technologies employs algorithms tailored for agricultural applications and provides training activities to enhance sector-wide capabilities. The company serves a diverse clientele, supporting approximately 80,000 farms across more than 30 supply chains, spanning 1 million hectares in over 100 countries worldwide. Through its tools and services, xFarm Technologies aims to facilitate the digitalization of processes within the agriculture industry.

Aviwell

Grant in 2022
Aviwell is focused on creating healthy, natural, and sustainable solutions aimed at enhancing animal health and growth, thereby contributing to global nourishment. The company operates a microbiota-based discovery platform that leverages artificial intelligence and machine learning to bridge digital and life sciences. By developing innovative food products, Aviwell seeks to provide valuable insights into animal health, growth, and performance, ultimately supporting the agri-food industry in its efforts to sustainably meet the needs of a growing population.

xFarm

Venture Round in 2022
xFarm Technologies is a technology company dedicated to digitizing the agri-food sector by providing innovative solutions for farmers and agricultural stakeholders. The company offers a comprehensive digital farm management platform that includes applications for farm management, connected sensors, and support for digital transformation projects. Additionally, xFarm Technologies employs algorithms tailored for agricultural applications and provides training activities to enhance sector-wide capabilities. The company serves a diverse clientele, supporting approximately 80,000 farms across more than 30 supply chains, spanning 1 million hectares in over 100 countries worldwide. Through its tools and services, xFarm Technologies aims to facilitate the digitalization of processes within the agriculture industry.

Quanturi Oy

Venture Round in 2022
Quanturi Oy is a Finnish company founded in 2016 and headquartered in Espoo, specializing in continuous monitoring solutions for fermentable products. The company develops and markets connected objects and systems for data analysis, focusing on agricultural, forestry, and waste management sectors. Its product offerings include wireless monitoring systems for compost temperature, grain management, hay monitoring, and other industrial temperature applications. Quanturi Oy also sells its products online and has expanded its presence to several countries, including France, Great Britain, the Netherlands, Switzerland, Italy, and Belgium.

Quanturi Oy

Grant in 2022
Quanturi Oy is a Finnish company founded in 2016 and headquartered in Espoo, specializing in continuous monitoring solutions for fermentable products. The company develops and markets connected objects and systems for data analysis, focusing on agricultural, forestry, and waste management sectors. Its product offerings include wireless monitoring systems for compost temperature, grain management, hay monitoring, and other industrial temperature applications. Quanturi Oy also sells its products online and has expanded its presence to several countries, including France, Great Britain, the Netherlands, Switzerland, Italy, and Belgium.

Crocus Labs

Grant in 2022
Crocus Labs GmbH is a Berlin-based deep tech company focused on developing advanced light engine technology aimed at promoting a greener future. The company specializes in creating energy-efficient lighting solutions for wellness, horticultural, and specialty applications. By employing intelligent light-emitting diode technology and advanced data analytics, Crocus Labs provides precise lighting control that optimizes plant growth while minimizing energy consumption. This innovative approach supports indoor farms and greenhouses, allowing them to cultivate diverse crops efficiently. Crocus Labs aims to extend its cutting-edge research and technological advancements to residential, commercial, and industrial spaces worldwide.

Crocus Labs

Venture Round in 2022
Crocus Labs GmbH is a Berlin-based deep tech company focused on developing advanced light engine technology aimed at promoting a greener future. The company specializes in creating energy-efficient lighting solutions for wellness, horticultural, and specialty applications. By employing intelligent light-emitting diode technology and advanced data analytics, Crocus Labs provides precise lighting control that optimizes plant growth while minimizing energy consumption. This innovative approach supports indoor farms and greenhouses, allowing them to cultivate diverse crops efficiently. Crocus Labs aims to extend its cutting-edge research and technological advancements to residential, commercial, and industrial spaces worldwide.

Computomics

Grant in 2022
Computomics GmbH is a bioinformatics company based in Tübingen, Germany, specializing in molecular data analysis for crop biotechnology and agricultural research. Founded in 2012, the company offers a range of services, including the analysis of large, polyploid plant genomes, transcriptome studies, differential gene expression, and functional genome annotation. It also provides reference-free genotyping, DNA methylation analysis, and metagenomic analysis. By applying advanced machine learning models to biological data, Computomics helps researchers accelerate genetic gains and make informed decisions in over 190 projects. The company's goal is to support sustainable agricultural development, enabling clients in agriculture, biotechnology, microbiome research, and metabolomics to derive actionable insights from their genomic data.

Bioweg

Venture Round in 2022
Bioweg, founded in Germany in 2019, is a purpose-driven company that addresses business challenges through innovative biotechnology. By integrating biotechnology, materials science, and molecular simulation learning, Bioweg develops and offers advanced sustainable, bio-based high-performance ingredients tailored for business-to-business applications. Their products are entirely animal-free, sustainably manufactured using green chemistry, and designed to meet the needs of industries such as cosmetics, personal care, agricultural technology, and food and beverage. The company employs a zero-waste circular process, utilizing food industry waste as feedstock to create bio-based microbeads, rheology modifiers, and hydrocolloids that are free of microplastics and compliant with current ECHA regulations. Through strategic partnerships with forward-thinking brands, Bioweg aims to promote sustainability and innovation in product development.

Bioweg

Grant in 2021
Bioweg, founded in Germany in 2019, is a purpose-driven company that addresses business challenges through innovative biotechnology. By integrating biotechnology, materials science, and molecular simulation learning, Bioweg develops and offers advanced sustainable, bio-based high-performance ingredients tailored for business-to-business applications. Their products are entirely animal-free, sustainably manufactured using green chemistry, and designed to meet the needs of industries such as cosmetics, personal care, agricultural technology, and food and beverage. The company employs a zero-waste circular process, utilizing food industry waste as feedstock to create bio-based microbeads, rheology modifiers, and hydrocolloids that are free of microplastics and compliant with current ECHA regulations. Through strategic partnerships with forward-thinking brands, Bioweg aims to promote sustainability and innovation in product development.

FibriTech

Non Equity Assistance in 2021
FibriTech specializes in the development of advanced technologies for the production of 3D fiber network materials, which have a variety of applications across multiple industries. The company provides innovative solutions in areas such as agritech, packaging, filtration, insulation, and biocomposites. FibriTech's products offer a sustainable alternative to conventional materials like Styrofoam and various foamed plastics, delivering lightweight yet strong biomaterials that are both functional and environmentally friendly. By focusing on the creation of spatially shapable materials, FibriTech aims to address the challenges posed by traditional materials while promoting sustainability in manufacturing processes.

Computomics

Venture Round in 2021
Computomics GmbH is a bioinformatics company based in Tübingen, Germany, specializing in molecular data analysis for crop biotechnology and agricultural research. Founded in 2012, the company offers a range of services, including the analysis of large, polyploid plant genomes, transcriptome studies, differential gene expression, and functional genome annotation. It also provides reference-free genotyping, DNA methylation analysis, and metagenomic analysis. By applying advanced machine learning models to biological data, Computomics helps researchers accelerate genetic gains and make informed decisions in over 190 projects. The company's goal is to support sustainable agricultural development, enabling clients in agriculture, biotechnology, microbiome research, and metabolomics to derive actionable insights from their genomic data.

CageEye

Grant in 2021
CageEye is an agricultural technology company with extensive experience in instrumentation and hydroacoustics, focusing on the aquaculture sector. The company specializes in developing monitoring tools and hydroacoustic analysis solutions that provide real-time and historical data on fish behavior and feeding patterns, particularly in salmon farming. By leveraging advanced technology and data analysis, CageEye enables aquaculture operators to optimize their seafood production sustainably and responsibly. Their approach enhances fish welfare, reduces feed waste, and supports sustainable practices within the industry.

FibriTech

Grant in 2021
FibriTech specializes in the development of advanced technologies for the production of 3D fiber network materials, which have a variety of applications across multiple industries. The company provides innovative solutions in areas such as agritech, packaging, filtration, insulation, and biocomposites. FibriTech's products offer a sustainable alternative to conventional materials like Styrofoam and various foamed plastics, delivering lightweight yet strong biomaterials that are both functional and environmentally friendly. By focusing on the creation of spatially shapable materials, FibriTech aims to address the challenges posed by traditional materials while promoting sustainability in manufacturing processes.

DigiFarm

Grant in 2021
DigiFarm is an ag-tech startup based in Hamar, Norway, founded in 2019. The company specializes in developing artificial intelligence and machine learning solutions tailored to the needs of Norwegian farmers, with a focus on optimizing grain production. DigiFarm's platform utilizes deep neural network models informed by high-resolution Sentinel-2 imagery, providing farmers with a crop classification model that integrates extensive yield data and statistical analyses. This comprehensive approach allows farmers to monitor crop growth effectively and make informed, data-driven decisions to enhance their agricultural practices.

Aviwell

Seed Round in 2021
Aviwell is focused on creating healthy, natural, and sustainable solutions aimed at enhancing animal health and growth, thereby contributing to global nourishment. The company operates a microbiota-based discovery platform that leverages artificial intelligence and machine learning to bridge digital and life sciences. By developing innovative food products, Aviwell seeks to provide valuable insights into animal health, growth, and performance, ultimately supporting the agri-food industry in its efforts to sustainably meet the needs of a growing population.

Seqana

Grant in 2021
Seqana is a developer of satellite-based software that provides monitoring solutions for soil organic carbon, aimed at combating climate change. The company offers a platform that enables project developers and agri-food corporations to accurately measure and understand soil carbon sequestration in a cost-effective and efficient manner. By utilizing remote sensing technology, Seqana delivers actionable insights into soil health, benefiting a diverse range of clients, including farmers, NGOs, and large corporations. This innovative approach supports the adoption of carbon sequestration practices, contributing to environmental sustainability on a global scale.

Vatorex

Grant in 2020
Vatorex AG, founded in 2016 and based in Winterthur, Switzerland, specializes in developing electronic solutions for beekeeping, specifically targeting the varroa mite, a significant threat to honey bee health. The company offers a range of products, including the Varroa Solution, a heat treatment system that effectively eliminates varroa mites while preserving the bees. Additionally, Vatorex provides the Full Hive Kit, which enables real-time monitoring and data collection for hive management, and the Hive Manager mobile application, designed for organizing hive-related information. By focusing on hyperthermic treatment that exploits the different temperature tolerances of bees and mites, Vatorex aims to enhance the health and sustainability of bee populations. The company markets its innovative solutions online, contributing to modern beekeeping practices.

Cascade

Grant in 2020
Cascade offers tools for the agricultural industry that boost agronomic crop yields and sustainable agriculture. The business provides methods to alter the light spectrum for better materials and food quality in greenhouses.

Brite Solar

Grant in 2020
Brite Solar is a nanomaterials company focused on developing advanced transparent solar glass technologies primarily for greenhouse and building applications. The company utilizes innovative materials and deposition techniques to create glass panels that can generate electricity through Die Sensitized Solar Cells (DSSC). This solar glass allows greenhouses to produce the energy needed to sustain their internal environments, significantly reducing their reliance on external electricity and lowering operating costs by approximately 28%. Additionally, Brite Solar's technology, which involves ink-jet printing nano-materials onto glass, simplifies the production process compared to traditional solar panels, making it more cost-effective. In the future, the company plans to expand its technology to include auto-dimming glass and architectural glass for building construction, further contributing to energy efficiency and sustainability in the built environment.

Vatorex

Venture Round in 2020
Vatorex AG, founded in 2016 and based in Winterthur, Switzerland, specializes in developing electronic solutions for beekeeping, specifically targeting the varroa mite, a significant threat to honey bee health. The company offers a range of products, including the Varroa Solution, a heat treatment system that effectively eliminates varroa mites while preserving the bees. Additionally, Vatorex provides the Full Hive Kit, which enables real-time monitoring and data collection for hive management, and the Hive Manager mobile application, designed for organizing hive-related information. By focusing on hyperthermic treatment that exploits the different temperature tolerances of bees and mites, Vatorex aims to enhance the health and sustainability of bee populations. The company markets its innovative solutions online, contributing to modern beekeeping practices.

Cascade

Venture Round in 2020
Cascade offers tools for the agricultural industry that boost agronomic crop yields and sustainable agriculture. The business provides methods to alter the light spectrum for better materials and food quality in greenhouses.

Biome Makers

Grant in 2020
Biome Makers Inc. is a biotechnology company based in San Francisco, California, founded in 2015. The company specializes in understanding and identifying microbiomes, particularly in the context of agriculture. By utilizing DNA sequencing technologies and proprietary Intelligent Computing systems, Biome Makers provides detailed, crop-specific insights and recommendations to enhance agricultural production and product quality. Their technology enables growers and manufacturers to analyze soil ecosystems effectively, offering data-driven insights that facilitate improved decision-making in farming practices.
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