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 Augmented Reality

Basemark

Series B in 2024
Basemark Oy is a technology company based in Espoo, Finland, specializing in performance measurement and augmented reality software for various industries, particularly in automotive applications. Founded in 2015, Basemark develops a suite of benchmarking tools that include Basemark ES 3.1 for graphics performance comparisons, Basemark OS II for system-level performance assessment of smartphones and tablets across multiple platforms, and Basemark X for evaluating gaming and graphics performance. Additionally, it offers Browsermark, which tests browser performance on a range of devices, and Basemark CL for measuring OpenCL implementations. In the automotive sector, Basemark provides a comprehensive suite of augmented reality development tools, enabling original equipment manufacturers and suppliers to create and deploy advanced AR applications for vehicle functions. These tools encompass features such as augmented reality navigation, head-up displays, and AI-based spatial computing, enhancing safety and performance in software-defined vehicles.

Arspectra

Grant in 2022
Arspectra is a medical technology firm that focuses on unique augmented reality solutions for the healthcare industry.

BlinkIn

Grant in 2022
BlinkIN is a developer of a smart visual assistant designed to enhance customer support through an innovative visual bot. This tool functions similarly to a virtual assistant, guiding users through technical troubleshooting by allowing them to show their devices via smartphone. It provides step-by-step solutions augmented on the user's screen while confirming the accuracy of each step. Additionally, BlinkIN offers BlinkIN Expert, a support tool that utilizes augmented reality and artificial intelligence to transform traditional audio tech support into a more interactive and efficient visual experience. This service connects experts with customers or local technicians through a simple SMS link, requiring no installation. By leveraging these technologies, BlinkIN aims to streamline customer support processes and reduce the need for in-person service dispatches.

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.

AugmedIT B.V.

Grant in 2022
AugmedIT B.V. is a medical software company based in Amsterdam, the Netherlands, founded in 2018. The company focuses on developing augmented and mixed reality tools that enhance surgical procedures by enabling surgeons to create holograms of patients. AugmedIT specializes in applications related to neurosurgery, medical education, and holographic visualization, as well as neuronavigation. Through its innovative technology, the company aims to improve surgical precision and training in the medical field.

ARXUM

Grant in 2021
Arxum GmbH, founded in 2018 and based in Kaiserslautern, Germany, develops blockchain solutions to enhance connectivity within the manufacturing industry. The company's Production Protocol facilitates global connections between manufacturers, customers, and suppliers by automating business and production processes through distributed ledger technology. This approach allows for secure data exchange beyond traditional corporate IT systems. Arxum offers a device called the Connection Box, which links physical machines to the blockchain, enabling payment processing and production initiation. The company provides its services as an infrastructure-as-a-service model, targeting diverse sectors including automotive and waste recycling. By leveraging this technology, Arxum aims to optimize supply chains, enhance automation, and enable efficient data sharing across companies, ultimately driving down costs and improving production visibility.

Spika Tech

Grant in 2021
Spika Tech is a Madrid-based company established in 2015, focused on research and development in the technological sector. The company provides a range of services aimed at assisting businesses with their projects, including virtual reality, augmented reality, complex software application development, and artificial intelligence. Additionally, Spika Tech specializes in creating logos, corporate identities, presentations, websites, applications, and online stores. By leveraging the latest techniques in design and programming, Spika Tech aims to enhance the quality of development processes for its clients.

Spika Tech

Venture Round in 2021
Spika Tech is a Madrid-based company established in 2015, focused on research and development in the technological sector. The company provides a range of services aimed at assisting businesses with their projects, including virtual reality, augmented reality, complex software application development, and artificial intelligence. Additionally, Spika Tech specializes in creating logos, corporate identities, presentations, websites, applications, and online stores. By leveraging the latest techniques in design and programming, Spika Tech aims to enhance the quality of development processes for its clients.

Aledia

Series D in 2020
Aledia SA, established in 2011, specializes in the development and manufacturing of light-emitting diodes (LEDs). The company's proprietary technology involves a 3D architecture using gallium-nitride-on-silicon microwires, enabling cost-effective production of LED chips at 25% the cost of traditional planar LED chips. Aledia's products cater to general lighting, automotive, and display applications, with a focus on mobile displays and microdisplays for AR/VR devices. Headquartered in Grenoble, France, the company has subsidiaries in Malacca, Malaysia, and Palo Alto, California.

Lightspace Labs

Grant in 2020
LightSpace Technologies is 3D photonics and optical solutions company developing multi focal AR VR near eye 3D display and future glasses free light field and volumetric 3D display technologies. By numerous market analysts LightSpace Technologies has been recognized as market leading contributor of volumetric 3D display technologies. Company has invented new light field display technology that requires 10 times less optical hardware in comparison with existing solutions.

Lightspace Labs

Venture Round in 2020
LightSpace Technologies is 3D photonics and optical solutions company developing multi focal AR VR near eye 3D display and future glasses free light field and volumetric 3D display technologies. By numerous market analysts LightSpace Technologies has been recognized as market leading contributor of volumetric 3D display technologies. Company has invented new light field display technology that requires 10 times less optical hardware in comparison with existing solutions.

Aledia

Grant in 2020
Aledia SA, established in 2011, specializes in the development and manufacturing of light-emitting diodes (LEDs). The company's proprietary technology involves a 3D architecture using gallium-nitride-on-silicon microwires, enabling cost-effective production of LED chips at 25% the cost of traditional planar LED chips. Aledia's products cater to general lighting, automotive, and display applications, with a focus on mobile displays and microdisplays for AR/VR devices. Headquartered in Grenoble, France, the company has subsidiaries in Malacca, Malaysia, and Palo Alto, California.

CREAL

Grant in 2019
CREAL specializes in the development of near-eye light-field display technology, aimed at enhancing the immersive experience in virtual and mixed reality environments. This innovative technology addresses common issues associated with current headsets, such as eye strain and discomfort, while maintaining a compact form factor and low manufacturing complexity. By projecting true hologram-like 3D images with accurate one-eye depth cues, CREAL's displays enable users to engage comfortably and enjoyably with virtual objects, particularly within their personal space. This advancement represents a significant step forward in creating more realistic and strain-free visual experiences in augmented and virtual reality.

Ladimo

Grant in 2019
LaDiMo Oy, founded in 2015 and based in Espoo, Finland, specializes in developing the Ladimo Smarter Vision technology, a real-time 3D point cloud acquisition solution. The company builds upon innovative technology initially created at Aalto University in 2012 by Jorma Palmén. By integrating photogrammetry, laser technology, and mathematical modeling, Ladimo offers a novel approach to generating high-precision point cloud data. This technology is particularly applicable in machine vision fields, including collaborative robots, industrial automation, automated guided vehicles, and various virtual, augmented, and mixed reality applications.
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