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.

Nicklas Bergman

Strategic Advisor and IC member

Francoise Birnholz

Affiliate Member

David Malo Jean

Director

Past deals in Automotive

Photon IP

Grant in 2025
Photon IP is a Dutch deeptech company based in Eindhoven. It specializes in developing advanced photonics technologies for various applications.

Treble

Series A in 2024
Treble Technologies is a company that focuses on advanced wave-based sound simulation products tailored for the architecture, engineering, and construction (AEC) industry. It offers specialized acoustics design software that enables the creation of physically accurate and perceptually realistic virtual acoustics. This software aids in minimizing risks and ensuring that designs adhere to all relevant regulations and certification standards. Additionally, it streamlines the process of importing, exporting, and reconfiguring models, ultimately saving time and costs for users. Treble's services find applications across various sectors, including automotive design, building architecture, immersive reality, and artificial intelligence, supporting studios and artists in delivering high-quality projects.

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.

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.

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.

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.

Treble

Grant in 2022
Treble Technologies is a company that focuses on advanced wave-based sound simulation products tailored for the architecture, engineering, and construction (AEC) industry. It offers specialized acoustics design software that enables the creation of physically accurate and perceptually realistic virtual acoustics. This software aids in minimizing risks and ensuring that designs adhere to all relevant regulations and certification standards. Additionally, it streamlines the process of importing, exporting, and reconfiguring models, ultimately saving time and costs for users. Treble's services find applications across various sectors, including automotive design, building architecture, immersive reality, and artificial intelligence, supporting studios and artists in delivering high-quality projects.

Treble

Seed Round in 2022
Treble Technologies is a company that focuses on advanced wave-based sound simulation products tailored for the architecture, engineering, and construction (AEC) industry. It offers specialized acoustics design software that enables the creation of physically accurate and perceptually realistic virtual acoustics. This software aids in minimizing risks and ensuring that designs adhere to all relevant regulations and certification standards. Additionally, it streamlines the process of importing, exporting, and reconfiguring models, ultimately saving time and costs for users. Treble's services find applications across various sectors, including automotive design, building architecture, immersive reality, and artificial intelligence, supporting studios and artists in delivering high-quality projects.

Chassis Autonomy

Grant in 2022
Specialising in the design, development, and production of fail-operational steer-by-wire and brake-by-wire systems for L4 and L5 autonomous vehicles.

IMSystems

Venture Round in 2022
IMSystems specializes in advanced gearbox technology for industrial robotics. Its patented Archimedes Drive eliminates traditional gear teeth, enabling precise force delivery and ratios up to 10,000:1. This results in lighter, stronger, more efficient, scalable, and cost-effective drive solutions compared to competitors.

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.

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.

IMSystems

Grant in 2022
IMSystems specializes in advanced gearbox technology for industrial robotics. Its patented Archimedes Drive eliminates traditional gear teeth, enabling precise force delivery and ratios up to 10,000:1. This results in lighter, stronger, more efficient, scalable, and cost-effective drive solutions compared to competitors.

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.

Embotech

Grant in 2022
Founded in 2013, Embotech develops decision-making software solutions for autonomous systems. Its flagship product, FORCES Pro, enables complex control system design across industries such as automotive, energy, and robotics. Applications include wind turbine control, drone motion planning, advanced driver assistance systems (ADAS), spacecraft landing, and reusable rocket returns.

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.

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.

Smartlane

Grant in 2022
Smartlane GmbH, founded in 2015 and based in Munich, Germany, specializes in developing innovative software solutions for transportation logistics. The company's flagship product, SmartlaneDISPATCH!, is a mobile application that facilitates order and tour management, enabling users to monitor deliveries, optimize routes, and communicate with customers via notifications. Additionally, Smartlane offers Smartlane Transport Intelligence, a cloud-based, AI-driven platform that automates and optimizes transport planning. This technology enhances operational efficiency by dispatching orders quickly while taking into account various factors such as delivery time windows and real-time traffic data. Smartlane's solutions are particularly beneficial for delivery services, field service providers, and businesses with vehicle fleets, significantly reducing operational costs and environmental impact. As a leader in the sector, Smartlane is dedicated to digitizing and improving transportation processes for its clients.

SiPearl

Venture Round in 2021
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.

DENS

Grant in 2021
Dutch Energy Systems specializes in Hydrozine solutions that generate hydrogen and electricity independently from the power grid. These solutions help reduce emissions by replacing diesel fuel in heavy-duty vehicles and machinery across industries like agriculture, construction, and others.

SiPearl

Grant in 2021
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.

Arxum

Grant in 2021
Arxum develops blockchain solutions connecting manufacturers with customers and suppliers. Its Production Protocol enables global, automated business logic execution, while Distributed Ledger technology ensures secure data exchange outside corporate IT systems. Arxum offers Connection Box devices for machine-to-blockchain connectivity and payment initiation. Serving automotive, waste recycling industries, among others, Arxum provides its solutions on an infrastructure-as-a-service basis.

KASI Technologies

Grant in 2021
KASI Technologies offers a solution for fleet owners to cut down on their emissions and expenses related to fuel consumption. Their patented technology is designed to achieve both goals simultaneously, providing an environmentally friendly and cost-effective option for businesses seeking to reduce their carbon footprint. The company aims to provide innovative solutions to the auto industry, in order to tackle the challenges related to reducing car emissions and complying with CO2 legislation. Their mission is to deliver "Ness," a cutting-edge technology designed to help the automotive sector meet the demands of the current environmental landscape. By leveraging Ness, KASI Technology is working towards a more sustainable future, with reduced carbon emissions and increased efficiency in the transportation sector.

Provizio

Seed Round in 2020
Founded in 2019, Provizio is a technology company based in Limerick, Ireland. It specializes in accident prevention solutions for vehicles, using proprietary vision sensors and machine learning algorithms to perceive, predict, and prevent accidents in real-time.

Woodoo

Grant in 2020
Woodoo transforms substandard wood into sustainable, high-performance biomaterials, offering eco-friendly alternatives to steel, glass, leather, and plastics. Its products serve diverse industries such as automotive, luxury goods, and construction, providing durable, cost-effective solutions while reducing emissions.

ONO

Series A in 2020
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.

ONO

Grant in 2020
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.

DyeMansion

Grant in 2020
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.

VAYAVISION

Grant in 2019
VayaVision Sensing Ltd. is a technology company that specializes in developing perception engine software aimed at enhancing the safety and efficiency of autonomous driving. Founded in 2016 and headquartered in Or Yehuda, Israel, the company offers VAYA-Drive, an artificial intelligence cognition platform that integrates raw data fusion with advanced computer vision techniques. This platform generates comprehensive environmental models, enabling critical functions such as road and free space detection, lane detection, object detection and tracking, and recognition of traffic signs. By utilizing deep learning algorithms, VayaVision delivers a reliable detection and classification system that accurately assesses the size, shape, and velocity of surrounding objects, including small obstacles. This innovative approach not only improves sensing capabilities for autonomous vehicles but also contributes to cost reductions within the automotive industry. Since July 2020, VayaVision has operated as a subsidiary of LeddarTech Inc.
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