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.

David Malo Jean

Director

Past deals in Autonomous Vehicles

Vitestro

Series A in 2024
Vitestro develops autonomous blood drawing technology aimed at transforming patient care.

Vitestro

Grant in 2024
Vitestro develops autonomous blood drawing technology aimed at transforming patient care.

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

Tripleye

Venture Round in 2022
Founded in Berlin, Germany in 2020, Tripleye develops an automation platform that equips engineering teams with essential technology modules for constructing autonomous vehicles. Its platform enhances safety and precision across various applications, including mining, construction, space, and defense.

Tripleye

Grant in 2022
Founded in Berlin, Germany in 2020, Tripleye develops an automation platform that equips engineering teams with essential technology modules for constructing autonomous vehicles. Its platform enhances safety and precision across various applications, including mining, construction, space, and defense.

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.

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 develops next-generation rail technology that enables hyperloop-inspired transport by combining magnetic levitation, a passive magrail system and autonomous control to upgrade existing railway lines. The magrail concept allows retrofitting conventional rails to support higher speeds—up to 300 kph on standard lines and 415 kph on high-speed corridors—while preserving existing rolling stock. The technology can progress to vacuum-based systems (hyperrail) with potential speeds of 600 kph on normal lines and 1000 kph on high-speed lines, and ultimately to vacuum tube corridors for top speeds around 1200 kph. Capex for retrofitting is estimated at 6-8 million euros per kilometer, substantially lower than new high-speed line builds. Early energy and maintenance advantages arise from reduced mechanical friction and overall system efficiency. Founded in 2017, Nevomo has pursued proofs of concept and demonstrations, and collaborates with partners such as TME Transfer Multisort Electronics and Microsoft, supported by a multinational R&D team and an international advisory board.

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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