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 Electric Vehicle

ION-X

Series A in 2024
ION-X is a technology company focused on developing advanced propulsion systems for small spacecraft. It specializes in electric propulsion technologies that utilize the ejection of fully ionized particles, offering high thrust and specific impulse (ISP). The company's innovative approach ensures long operational life and high modularity, making its solutions adaptable for various applications in the aerospace market. Additionally, ION-X aims to provide competitive production costs, facilitating mass production and meeting the increasing demand for efficient thrusters in the satellite industry.

Wattalps

Series A in 2024
Wattalps is a technology company specializing in the development of lithium power systems tailored for small and medium-scale applications. Their product portfolio focuses on affordability, passive safety measures, efficient cooling mechanisms, extended lifespan, and robust cell protection features. Wattalps aims to simplify integration into vehicles or charging stations by offering standard and modular products, thereby facilitating swift, efficient, and cost-effective adoption of electric vehicle technologies and sustainable transportation solutions.

Daze

Series A in 2024
Daze is an engineering startup focused on creating innovative solutions for electric vehicle charging. Its flagship product, DazePlug, is an automatic charging device that utilizes smart charging ecosystems and energy management systems. This technology enables automatic inductive charging, significantly reducing the time required to charge electric vehicles while eliminating the need for manual handling of cables. DazePlug features a retrofit design that is both waterproof and dustproof, ensuring durability and ease of use. By simplifying the charging process, Daze aims to enhance user experience and convenience for electric vehicle owners.

Heart Aerospace

Series B in 2024
Heart Aerospace AB, established in 2018 with headquarters in Gothenburg, Sweden, and operations in Palo Alto, California, specializes in developing electric regional airliners certified for passenger flight. The company's mission is to facilitate swift, affordable, and sustainable travel for regional journeys worldwide. Their flagship aircraft, the ES-19, is a nineteen-passenger electric airliner designed with an operating range of 400 km, aiming to reduce fuel and maintenance costs compared to traditional aircraft while emitting zero operational emissions. Heart Aerospace targets commercial operation certification for the ES-19 by 2026.

Swisspod Technologies

Grant in 2023
Swisspod Technologies SA is a transportation development firm based in Monthey, Switzerland, founded in 2019. The company specializes in designing and developing energy-efficient Hyperloop systems, which are innovative tube-based transportation solutions aimed at providing high-speed travel between distant cities. Swisspod's Hyperloop pods are fully electric and designed to be sustainable and affordable, emphasizing environmental responsibility and economic viability. The firm is committed to advancing high-speed transportation through cutting-edge Swiss engineering and is assembling a team of multidisciplinary experts dedicated to revolutionizing the future of travel.

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.

Limatech

Convertible Note in 2023
Limatech is a manufacturer of lithium-ion batteries specifically designed for the aviation sector, with applications in space and defense. The company produces batteries suitable for various types of aircraft, including ultralight and light-sport airplanes, helicopters, and drones, as well as marine and land applications. Limatech's batteries are utilized for starting piston and turbine engines, employing proprietary technology to enhance safety, reliability, and longevity. This innovative approach provides the aeronautics and defense industries with advanced energy storage solutions that surpass traditional lead and nickel-cadmium battery technologies.

Hardt Hyperloop

Venture Round in 2023
Hardt Hyperloop is a company dedicated to developing an innovative transportation system that enables emission-free travel over large distances. Originating from the winning team of the SpaceX Hyperloop Competition, it aims to create a hyperloop network that serves both passengers and freight efficiently. The hyperloop system designed by Hardt Hyperloop focuses on providing a safe, sustainable, and affordable mode of transport, allowing for rapid travel between network cities with minimal waiting times. By prioritizing accessibility and environmental responsibility, Hardt Hyperloop seeks to revolutionize global mobility and enhance connectivity for daily commuters.

Wattalps

Debt Financing in 2023
Wattalps is a technology company specializing in the development of lithium power systems tailored for small and medium-scale applications. Their product portfolio focuses on affordability, passive safety measures, efficient cooling mechanisms, extended lifespan, and robust cell protection features. Wattalps aims to simplify integration into vehicles or charging stations by offering standard and modular products, thereby facilitating swift, efficient, and cost-effective adoption of electric vehicle technologies and sustainable transportation solutions.

Daze

Convertible Note in 2022
Daze is an engineering startup focused on creating innovative solutions for electric vehicle charging. Its flagship product, DazePlug, is an automatic charging device that utilizes smart charging ecosystems and energy management systems. This technology enables automatic inductive charging, significantly reducing the time required to charge electric vehicles while eliminating the need for manual handling of cables. DazePlug features a retrofit design that is both waterproof and dustproof, ensuring durability and ease of use. By simplifying the charging process, Daze aims to enhance user experience and convenience for electric vehicle owners.

Maeve Aerospace

Pre Seed Round in 2022
Maeve Aerospace is a all-electric aircraft.

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.

Maeve Aerospace

Grant in 2022
Maeve Aerospace is a all-electric aircraft.

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.

Evoy

Venture Round in 2022
Evoy is a Norwegian manufacturer of electric propulsion systems for speedboats, founded in 2018 and headquartered in Florø, Sogn og Fjordane. The company designs inboard and outboard electric motors that replace traditional diesel and gasoline engines, significantly lowering maintenance and operating costs. These electric systems operate silently, minimizing noise pollution in marine environments while providing strong performance and responsiveness. Evoy's innovative technology enables ferry and tour operators to meet sustainability goals and adhere to regulatory requirements, enhancing their operational efficiency and environmental impact.

Evoy

Grant in 2022
Evoy is a Norwegian manufacturer of electric propulsion systems for speedboats, founded in 2018 and headquartered in Florø, Sogn og Fjordane. The company designs inboard and outboard electric motors that replace traditional diesel and gasoline engines, significantly lowering maintenance and operating costs. These electric systems operate silently, minimizing noise pollution in marine environments while providing strong performance and responsiveness. Evoy's innovative technology enables ferry and tour operators to meet sustainability goals and adhere to regulatory requirements, enhancing their operational efficiency and environmental impact.

Octave

Grant in 2022
A sustainable, cost-effective and reliable energy storage system with second-life batteries from electric vehicles.

Daze

Seed Round in 2021
Daze is an engineering startup focused on creating innovative solutions for electric vehicle charging. Its flagship product, DazePlug, is an automatic charging device that utilizes smart charging ecosystems and energy management systems. This technology enables automatic inductive charging, significantly reducing the time required to charge electric vehicles while eliminating the need for manual handling of cables. DazePlug features a retrofit design that is both waterproof and dustproof, ensuring durability and ease of use. By simplifying the charging process, Daze aims to enhance user experience and convenience for electric vehicle owners.

Wattalps

Venture Round in 2021
Wattalps is a technology company specializing in the development of lithium power systems tailored for small and medium-scale applications. Their product portfolio focuses on affordability, passive safety measures, efficient cooling mechanisms, extended lifespan, and robust cell protection features. Wattalps aims to simplify integration into vehicles or charging stations by offering standard and modular products, thereby facilitating swift, efficient, and cost-effective adoption of electric vehicle technologies and sustainable transportation solutions.

Hardt Hyperloop

Funding Round in 2021
Hardt Hyperloop is a company dedicated to developing an innovative transportation system that enables emission-free travel over large distances. Originating from the winning team of the SpaceX Hyperloop Competition, it aims to create a hyperloop network that serves both passengers and freight efficiently. The hyperloop system designed by Hardt Hyperloop focuses on providing a safe, sustainable, and affordable mode of transport, allowing for rapid travel between network cities with minimal waiting times. By prioritizing accessibility and environmental responsibility, Hardt Hyperloop seeks to revolutionize global mobility and enhance connectivity for daily commuters.

Magment

Grant in 2021
Magment is a company that specializes in the development of innovative concrete materials enhanced with recycled magnetic particles, aimed at improving energy transfer efficiency. The company focuses on designing and manufacturing magnetizable concrete used in wireless charging solutions for electric vehicles. Magment's expertise lies in magnetic materials and their applications, which allows it to create competitive and customer-oriented electromagnetic solutions. By utilizing pre-cast concrete modules and engaging in continuous research, Magment aims to provide cost-effective, emission-free charging infrastructure that enables electric vehicles to charge while in motion, thereby transforming the future of transportation.

Lekatech

Venture Round in 2021
Lekatech specializes in advancing linear electric technology specifically for industrial hammering applications. The company manufactures electric hammering machines tailored for mining operations, positioning itself as a key player in the transition to electric-powered equipment in the industry. By focusing on direct electric driving, Lekatech aims to facilitate a shift towards more sustainable practices, helping businesses reduce their carbon footprint during mining processes. Its innovative linear motor technology is designed to serve various end products, promoting efficiency and environmental responsibility in industrial operations.

SciMo

Grant in 2021
SciMo provides electric motor services such as electromagnetic design, mechanical calculations, and motor prototype production. The company was founded in 2017 and is based in Karlsruhe, Baden-Württemberg.

BroadBit Batteries

Grant in 2021
BroadBit Batteries is focused on developing innovative sodium-based batteries aimed at advancing the green economy. The company utilizes metallic sodium chloride (NaCl) in its battery technology, which allows for rapid recharging in just a few minutes. BroadBit's batteries are designed for a variety of applications, including next-generation electric vehicles, portable electronics, starters, and grid energy storage. By commercializing its high-performance lab samples, the company aims to provide enterprises with access to powerful and cost-effective battery solutions that are environmentally friendly.

Lekatech

Grant in 2021
Lekatech specializes in advancing linear electric technology specifically for industrial hammering applications. The company manufactures electric hammering machines tailored for mining operations, positioning itself as a key player in the transition to electric-powered equipment in the industry. By focusing on direct electric driving, Lekatech aims to facilitate a shift towards more sustainable practices, helping businesses reduce their carbon footprint during mining processes. Its innovative linear motor technology is designed to serve various end products, promoting efficiency and environmental responsibility in industrial operations.

Heart Aerospace

Series A in 2021
Heart Aerospace AB, established in 2018 with headquarters in Gothenburg, Sweden, and operations in Palo Alto, California, specializes in developing electric regional airliners certified for passenger flight. The company's mission is to facilitate swift, affordable, and sustainable travel for regional journeys worldwide. Their flagship aircraft, the ES-19, is a nineteen-passenger electric airliner designed with an operating range of 400 km, aiming to reduce fuel and maintenance costs compared to traditional aircraft while emitting zero operational emissions. Heart Aerospace targets commercial operation certification for the ES-19 by 2026.

Hardt Hyperloop

Grant in 2021
Hardt Hyperloop is a company dedicated to developing an innovative transportation system that enables emission-free travel over large distances. Originating from the winning team of the SpaceX Hyperloop Competition, it aims to create a hyperloop network that serves both passengers and freight efficiently. The hyperloop system designed by Hardt Hyperloop focuses on providing a safe, sustainable, and affordable mode of transport, allowing for rapid travel between network cities with minimal waiting times. By prioritizing accessibility and environmental responsibility, Hardt Hyperloop seeks to revolutionize global mobility and enhance connectivity for daily commuters.

Sabi Agri

Grant in 2021
Sabi Agri is an agricultural engineering company based in Saint-Beauzire, France, founded in 2017. The company specializes in designing and manufacturing electric tractors tailored to meet the diverse needs of modern agriculture. Sabi Agri's products are suitable for a range of agricultural projects, including market gardening, livestock farming, field crops, viticulture, and arboriculture. By offering innovative electrical equipment and technology, Sabi Agri aims to support sustainable farming practices, enabling farmers to adopt cost-effective agroecological solutions.

Limatech

Seed Round in 2021
Limatech is a manufacturer of lithium-ion batteries specifically designed for the aviation sector, with applications in space and defense. The company produces batteries suitable for various types of aircraft, including ultralight and light-sport airplanes, helicopters, and drones, as well as marine and land applications. Limatech's batteries are utilized for starting piston and turbine engines, employing proprietary technology to enhance safety, reliability, and longevity. This innovative approach provides the aeronautics and defense industries with advanced energy storage solutions that surpass traditional lead and nickel-cadmium battery technologies.

Daze

Venture Round in 2020
Daze is an engineering startup focused on creating innovative solutions for electric vehicle charging. Its flagship product, DazePlug, is an automatic charging device that utilizes smart charging ecosystems and energy management systems. This technology enables automatic inductive charging, significantly reducing the time required to charge electric vehicles while eliminating the need for manual handling of cables. DazePlug features a retrofit design that is both waterproof and dustproof, ensuring durability and ease of use. By simplifying the charging process, Daze aims to enhance user experience and convenience for electric vehicle owners.

VoltAero

Grant in 2020
VoltAero is a manufacturer of electric aircraft that focuses on creating safe, quiet, efficient, and environmentally friendly flight solutions. The company has developed a unique aircraft featuring parallel electric-hybrid propulsion, which enhances its performance and sustainability. VoltAero's aircraft serve as a reliable platform for various applications, including private ownership, air taxi or charter services, and commercial flights for regional travel. By providing innovative electric flight options, VoltAero aims to facilitate the transition to a new era of aviation, supporting both individual and commercial clients in their pursuit of greener air transportation solutions.

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.

Heart Aerospace

Grant in 2020
Heart Aerospace AB, established in 2018 with headquarters in Gothenburg, Sweden, and operations in Palo Alto, California, specializes in developing electric regional airliners certified for passenger flight. The company's mission is to facilitate swift, affordable, and sustainable travel for regional journeys worldwide. Their flagship aircraft, the ES-19, is a nineteen-passenger electric airliner designed with an operating range of 400 km, aiming to reduce fuel and maintenance costs compared to traditional aircraft while emitting zero operational emissions. Heart Aerospace targets commercial operation certification for the ES-19 by 2026.

Wattalps

Venture Round in 2020
Wattalps is a technology company specializing in the development of lithium power systems tailored for small and medium-scale applications. Their product portfolio focuses on affordability, passive safety measures, efficient cooling mechanisms, extended lifespan, and robust cell protection features. Wattalps aims to simplify integration into vehicles or charging stations by offering standard and modular products, thereby facilitating swift, efficient, and cost-effective adoption of electric vehicle technologies and sustainable transportation solutions.

Wattalps

Grant in 2020
Wattalps is a technology company specializing in the development of lithium power systems tailored for small and medium-scale applications. Their product portfolio focuses on affordability, passive safety measures, efficient cooling mechanisms, extended lifespan, and robust cell protection features. Wattalps aims to simplify integration into vehicles or charging stations by offering standard and modular products, thereby facilitating swift, efficient, and cost-effective adoption of electric vehicle technologies and sustainable transportation solutions.

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.

Aviloo

Grant in 2020
Aviloo is a developer of advanced battery monitoring systems focused on electric vehicles. The company provides a solution that assesses the health and performance of vehicle batteries by independently testing battery cells under extreme conditions. This analysis generates a comprehensive Battery Certificate, which includes an independent rating of the battery's condition. By delivering transparent insights into battery performance, Aviloo enables clients to make informed decisions regarding the resale value of electric vehicles. The company's mission contributes to the goal of achieving an emission-free transportation system by enhancing the reliability and understanding of electric vehicle batteries.

Evoy

Grant in 2020
Evoy is a Norwegian manufacturer of electric propulsion systems for speedboats, founded in 2018 and headquartered in Florø, Sogn og Fjordane. The company designs inboard and outboard electric motors that replace traditional diesel and gasoline engines, significantly lowering maintenance and operating costs. These electric systems operate silently, minimizing noise pollution in marine environments while providing strong performance and responsiveness. Evoy's innovative technology enables ferry and tour operators to meet sustainability goals and adhere to regulatory requirements, enhancing their operational efficiency and environmental impact.

Aviloo

Venture Round in 2020
Aviloo is a developer of advanced battery monitoring systems focused on electric vehicles. The company provides a solution that assesses the health and performance of vehicle batteries by independently testing battery cells under extreme conditions. This analysis generates a comprehensive Battery Certificate, which includes an independent rating of the battery's condition. By delivering transparent insights into battery performance, Aviloo enables clients to make informed decisions regarding the resale value of electric vehicles. The company's mission contributes to the goal of achieving an emission-free transportation system by enhancing the reliability and understanding of electric vehicle batteries.

Evoy

Venture Round in 2020
Evoy is a Norwegian manufacturer of electric propulsion systems for speedboats, founded in 2018 and headquartered in Florø, Sogn og Fjordane. The company designs inboard and outboard electric motors that replace traditional diesel and gasoline engines, significantly lowering maintenance and operating costs. These electric systems operate silently, minimizing noise pollution in marine environments while providing strong performance and responsiveness. Evoy's innovative technology enables ferry and tour operators to meet sustainability goals and adhere to regulatory requirements, enhancing their operational efficiency and environmental impact.

Limatech

Grant in 2020
Limatech is a manufacturer of lithium-ion batteries specifically designed for the aviation sector, with applications in space and defense. The company produces batteries suitable for various types of aircraft, including ultralight and light-sport airplanes, helicopters, and drones, as well as marine and land applications. Limatech's batteries are utilized for starting piston and turbine engines, employing proprietary technology to enhance safety, reliability, and longevity. This innovative approach provides the aeronautics and defense industries with advanced energy storage solutions that surpass traditional lead and nickel-cadmium battery technologies.

VoltAero

Venture Round in 2020
VoltAero is a manufacturer of electric aircraft that focuses on creating safe, quiet, efficient, and environmentally friendly flight solutions. The company has developed a unique aircraft featuring parallel electric-hybrid propulsion, which enhances its performance and sustainability. VoltAero's aircraft serve as a reliable platform for various applications, including private ownership, air taxi or charter services, and commercial flights for regional travel. By providing innovative electric flight options, VoltAero aims to facilitate the transition to a new era of aviation, supporting both individual and commercial clients in their pursuit of greener air transportation solutions.
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