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 Autonomous Vehicles

Vitestro

Series A in 2024
Vitestro is a developer of innovative medical robotic devices focused on enhancing patient care through autonomous blood drawing technology. The company's flagship device employs multi-dimensional ultrasound detection to identify nerves and arteries, utilizing deep learning algorithms to minimize the risk of arterial complications during clinical procedures. This advancement aims to streamline the blood collection process in hospitals and clinical laboratories, ultimately enabling healthcare professionals to perform operations with greater precision and improve overall patient health outcomes.

Vitestro

Grant in 2024
Vitestro is a developer of innovative medical robotic devices focused on enhancing patient care through autonomous blood drawing technology. The company's flagship device employs multi-dimensional ultrasound detection to identify nerves and arteries, utilizing deep learning algorithms to minimize the risk of arterial complications during clinical procedures. This advancement aims to streamline the blood collection process in hospitals and clinical laboratories, ultimately enabling healthcare professionals to perform operations with greater precision and improve overall patient health outcomes.

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.

Qurv

Grant in 2023
Qurv, established in 2020, specializes in developing advanced image sensor technologies and integrated solutions. The company's core business is enabling next-generation computer vision applications, catering to the growing demands of autonomous and intelligent systems. Qurv's innovative technology, built on over eight years of research, leverages current CMOS manufacturing and advanced materials to deliver high-performance, reliable, and functional solutions for XR devices, service robots, and automotive industries.

Chassis Autonomy

Grant in 2022
Chassis Autonomy focuses on the design, development, and production of advanced steer-by-wire and brake-by-wire systems specifically for Level 4 and Level 5 autonomous vehicles. The company aims to enhance autonomous mobility through the creation of fail-operational steering and braking systems, ensuring safe and reliable operation in highly automated and fully autonomous vehicles. By leveraging innovative actuation technology, Chassis Autonomy is positioned to contribute significantly to the evolving landscape of autonomous transportation.

Tripleye

Venture Round in 2022
Tripleye is a Berlin-based company founded in 2020 that specializes in providing a technology platform for the development of autonomous vehicles. The company offers automation solutions that supply engineering teams with essential technology modules. Its platform utilizes industry-standard cameras to enhance safety and deliver high-precision measurements across a full 360-degree range. This capability enables clients to support diverse applications, including autonomous machines and human-robot interactions.

Tripleye

Grant in 2022
Tripleye is a Berlin-based company founded in 2020 that specializes in providing a technology platform for the development of autonomous vehicles. The company offers automation solutions that supply engineering teams with essential technology modules. Its platform utilizes industry-standard cameras to enhance safety and deliver high-precision measurements across a full 360-degree range. This capability enables clients to support diverse applications, including autonomous machines and human-robot interactions.

embotech

Grant in 2022
embotech AG, founded in 2013 and based in Zurich, Switzerland, specializes in developing software solutions for autonomous systems that focus on numerical optimization. Their flagship product, FORCES Pro, allows for the effective design of complex control systems by solving intricate optimization problems rapidly. The software has diverse applications, including the control of wind turbines, collision-free motion planning for autonomous drones, the enhancement of advanced driver assistance systems, and enabling precise landings for spacecraft on other planets, as well as the retrieval of reusable rockets. Embotech caters to various sectors, including automotive, energy, and robotics, positioning itself as a leader in creating advanced decision-making technologies essential for future autonomous systems.

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.

Nevomo

Grant in 2022
Nevomo is a pioneering company focused on advancing railway technology through the development of high-speed railways that utilize magnetic levitation, linear motor systems, and autonomous control. Established in 2017, Nevomo is distinguished as the only enterprise globally that facilitates the gradual integration of Hyperloop-inspired solutions into the existing railway infrastructure. Its innovative magrail technology enables the modernization of conventional railway lines to achieve speeds of up to 300 kph (186 mph) and 415 kph (258 mph) for high-speed rail lines, while maintaining functionality for conventional trains. This system can later be upgraded to a vacuum technology, enabling speeds of 600 kph (373 mph) and potentially reaching 1200 kph (746 mph) with hyperloop systems. The company emphasizes cost-effectiveness, with retrofitting expenses comparable to building new highways, while also promising a 25% reduction in maintenance costs compared to traditional high-speed rail. With a strong research and development team, including experts with extensive experience in advanced railway technologies, Nevomo is on track to revolutionize transportation by significantly enhancing speed and efficiency in rail systems.

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.

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.

Sightec

Venture Round in 2021
Sightec specializes in developing visual intelligence technologies for autonomous flights, utilizing advanced computer vision and artificial intelligence. The company offers a comprehensive suite of products designed to provide camera-based visual situation awareness at all times, including capabilities for navigation, object detection, and 3D change detection, all without reliance on GPS. Its flagship product, NavSight, is a GPS-free visual aerial navigation system that processes drone camera feeds—both RGB and thermal—to deliver visual positioning in GPS-denied environments. Sightec serves a diverse clientele, including governments, original equipment manufacturers, integrators, and service providers across various unmanned aerial system applications such as aerospace, public safety, security, inspection, and delivery. The company's vision is to enhance the autonomous flights market by offering an affordable and lightweight solution for visual situation awareness, aiming to ultimately reduce the need for human pilots.

Sightec

Grant in 2021
Sightec specializes in developing visual intelligence technologies for autonomous flights, utilizing advanced computer vision and artificial intelligence. The company offers a comprehensive suite of products designed to provide camera-based visual situation awareness at all times, including capabilities for navigation, object detection, and 3D change detection, all without reliance on GPS. Its flagship product, NavSight, is a GPS-free visual aerial navigation system that processes drone camera feeds—both RGB and thermal—to deliver visual positioning in GPS-denied environments. Sightec serves a diverse clientele, including governments, original equipment manufacturers, integrators, and service providers across various unmanned aerial system applications such as aerospace, public safety, security, inspection, and delivery. The company's vision is to enhance the autonomous flights market by offering an affordable and lightweight solution for visual situation awareness, aiming to ultimately reduce the need for human pilots.

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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