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 Embedded Software

Innatera

Series A in 2024
Innatera develops ultra-low-power neuromorphic processors for sensors. Founded in 2018 as a spin-off from Delft University of Technology, the company designs neuromorphic chips that mimic brain mechanisms for processing sensory data. The processors use continuous-time analog-mixed signal computing to replicate spiking neurons and synapses, enabling sensor data to be processed faster and with substantially less energy than conventional processors.

Lotus Microsystems

Series A in 2023
Lotus Microsystems offers miniaturized highly integrated point of load power converters. The devices are engineered for portable electronics manufacturers ready for usage whenever tiny power supply units are needed. Our devices offer up to 72% reduction in footprint compared to existing solutions with higher efficiency and reliability. Our plug and play solutions enable our customers to innovate their electronics without worrying about power supply units.

Codasip

Venture Round in 2023
Codasip Ltd. is a processor technology company based in Brno, Czech Republic, founded in 2006. The company specializes in providing intellectual property (IP) and electronic design automation (EDA) tools that facilitate the adoption of application-specific instruction set processors (ASIPs). Codasip's offerings include Codix, RISC-V, and custom processors, allowing system-on-chip developers to customize their products for competitive advantage. Through its design automation tools and an open architecture licensing model, Codasip enables clients to leverage the benefits of the RISC-V instruction set architecture. The company's technology is utilized in billions of devices worldwide, with a diverse customer base that includes notable names such as AMD, Mobileye, and Sigma Designs. Codasip has established strategic partnerships with various organizations, enhancing its capabilities and market reach.

Embedl

Venture Round in 2023
Embedl specializes in optimizing deep learning models for embedded systems. Its Model Optimization SDK automates the process of creating efficient models with up to 94% reduced energy consumption, 16x increased execution speed, and 8x memory compression. Embedl collaborates with academic institutions and industry players to drive innovation in embedded intelligence.

IDloop

Grant in 2023
IDloop develops and sells a contactless fingerprint sensor solution, utilizing 3D imaging, AI, and embedded technology. This solution is designed for business and government markets, offering secure multi-finger image capture to enhance security services.

IDloop

Pre Seed Round in 2022
IDloop develops and sells a contactless fingerprint sensor solution, utilizing 3D imaging, AI, and embedded technology. This solution is designed for business and government markets, offering secure multi-finger image capture to enhance security services.

Ekkono Solutions AB

Venture Round in 2022
Ekkono Solutions AB develops machine learning for the Internet of Things. It provides an embedded analytics engine that runs on connected devices, handling the full workflow from data input and model training to model deployment, retraining and data output. The company serves IoT applications across industries such as energy, telecom, automotive, agriculture, healthcare and housing automation, as well as consumer IoT products including home security gateways, e-bikes and lawnmower robots. Based in Tvååker, Sweden, Ekkono emphasizes edge processing to learn the normal state of each device, enabling anomaly detection, impact analysis, and proactive planning. By processing data locally, it reduces network load and sends only relevant information to the cloud for further analysis, supporting real-time decisions and end-to-end data management.

Embedl

Grant in 2022
Embedl specializes in optimizing deep learning models for embedded systems. Its Model Optimization SDK automates the process of creating efficient models with up to 94% reduced energy consumption, 16x increased execution speed, and 8x memory compression. Embedl collaborates with academic institutions and industry players to drive innovation in embedded intelligence.

AMSIMCEL

Seed Round in 2022
AMSIMCEL is a deep tech company based in Bucharest, founded in 2017, that specializes in developing advanced computing software for the semiconductor industry. The firm focuses on creating a Physical Verification framework powered by GPU technology, which enhances the efficiency of integrated circuits (IC) verification processes. By integrating advanced parallel computing and automating circuit verification, AMSIMCEL aims to accelerate machine simulations and improve design methodologies for complex projects. The company's innovations are intended to support clients in expediting their IC design and verification processes while ensuring the delivery of custom intellectual property and high-quality, bug-free silicon.

Ekkono Solutions AB

Grant in 2022
Ekkono Solutions AB develops machine learning for the Internet of Things. It provides an embedded analytics engine that runs on connected devices, handling the full workflow from data input and model training to model deployment, retraining and data output. The company serves IoT applications across industries such as energy, telecom, automotive, agriculture, healthcare and housing automation, as well as consumer IoT products including home security gateways, e-bikes and lawnmower robots. Based in Tvååker, Sweden, Ekkono emphasizes edge processing to learn the normal state of each device, enabling anomaly detection, impact analysis, and proactive planning. By processing data locally, it reduces network load and sends only relevant information to the cloud for further analysis, supporting real-time decisions and end-to-end data management.

AMSIMCEL

Grant in 2022
AMSIMCEL is a deep tech company based in Bucharest, founded in 2017, that specializes in developing advanced computing software for the semiconductor industry. The firm focuses on creating a Physical Verification framework powered by GPU technology, which enhances the efficiency of integrated circuits (IC) verification processes. By integrating advanced parallel computing and automating circuit verification, AMSIMCEL aims to accelerate machine simulations and improve design methodologies for complex projects. The company's innovations are intended to support clients in expediting their IC design and verification processes while ensuring the delivery of custom intellectual property and high-quality, bug-free silicon.

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.

Codasip

Venture Round in 2022
Codasip Ltd. is a processor technology company based in Brno, Czech Republic, founded in 2006. The company specializes in providing intellectual property (IP) and electronic design automation (EDA) tools that facilitate the adoption of application-specific instruction set processors (ASIPs). Codasip's offerings include Codix, RISC-V, and custom processors, allowing system-on-chip developers to customize their products for competitive advantage. Through its design automation tools and an open architecture licensing model, Codasip enables clients to leverage the benefits of the RISC-V instruction set architecture. The company's technology is utilized in billions of devices worldwide, with a diverse customer base that includes notable names such as AMD, Mobileye, and Sigma Designs. Codasip has established strategic partnerships with various organizations, enhancing its capabilities and market reach.

Codasip

Grant in 2022
Codasip Ltd. is a processor technology company based in Brno, Czech Republic, founded in 2006. The company specializes in providing intellectual property (IP) and electronic design automation (EDA) tools that facilitate the adoption of application-specific instruction set processors (ASIPs). Codasip's offerings include Codix, RISC-V, and custom processors, allowing system-on-chip developers to customize their products for competitive advantage. Through its design automation tools and an open architecture licensing model, Codasip enables clients to leverage the benefits of the RISC-V instruction set architecture. The company's technology is utilized in billions of devices worldwide, with a diverse customer base that includes notable names such as AMD, Mobileye, and Sigma Designs. Codasip has established strategic partnerships with various organizations, enhancing its capabilities and market reach.

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.

Lotus Microsystems

Grant in 2021
Lotus Microsystems offers miniaturized highly integrated point of load power converters. The devices are engineered for portable electronics manufacturers ready for usage whenever tiny power supply units are needed. Our devices offer up to 72% reduction in footprint compared to existing solutions with higher efficiency and reliability. Our plug and play solutions enable our customers to innovate their electronics without worrying about power supply units.

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.

Nestwave

Venture Round in 2021
Nestwave develops a low-power geolocation system designed for indoor coverage, targeting IoT applications. The company provides its technology to IoT modem and DSP vendors, enabling accurate geolocation integrated within their platforms. Its patented hybrid-signal technology improves localization accuracy in indoor and dense urban environments while reducing power consumption and device size compared with existing solutions. The platform employs DSP software to deliver reliable location data through embedded geolocation capabilities, offering improved localization while maintaining low power use. Nestwave is headquartered in Paris, France.

Nestwave

Grant in 2020
Nestwave develops a low-power geolocation system designed for indoor coverage, targeting IoT applications. The company provides its technology to IoT modem and DSP vendors, enabling accurate geolocation integrated within their platforms. Its patented hybrid-signal technology improves localization accuracy in indoor and dense urban environments while reducing power consumption and device size compared with existing solutions. The platform employs DSP software to deliver reliable location data through embedded geolocation capabilities, offering improved localization while maintaining low power use. Nestwave is headquartered in Paris, France.
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