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.
Astrape powers the future of datacenters: more bandwidth, less power.
BlueHeart Energy
Venture Round in 2025
BlueHeart Energy is a deep tech company focused on developing innovative green technologies to enhance heat pump performance. Utilizing thermoacoustics, the company generates sound waves within a closed circuit to produce heat and cold, marking a significant advancement as this technology is now being applied to residential heat pumps, previously limited to industrial applications. BlueHeart's products are designed to replace critical components in heat pumps, facilitating easy integration for original equipment manufacturers. The resulting heat pumps are versatile, silent, and cost-effective, suitable for both new and existing homes. Additionally, BlueHeart's technology is environmentally friendly, producing no CO2 emissions and eliminating the need for refrigerants, thus contributing to sustainable heating and cooling solutions.
Marvel Fusion
Series B in 2025
Marvel Fusion is a developer of fusion energy technology focused on providing environmentally friendly and safe energy solutions. Founded in 2019 and based in Munich, Bayern, the company specializes in a laser-based nuclear fusion reactor that utilizes short pulse, high energy, and electrically efficient lasers. This technology aims to commercialize baseload fusion electrical power, enabling consumers to access clean, safe, and reliable energy sources.
Brevel
Seed Round in 2025
Brevel has developed an innovative cultivation technology focused on the sustainable and cost-effective production of microalgae. Utilizing high-tech, fully automated indoor systems that feature internal illumination, Brevel's approach achieves significant cost reductions and substantially higher yields compared to traditional methods. This advanced technology positions the company to tap into various markets in need of microalgae-derived products, including sustainable food, materials, chemicals, pharmaceuticals, and energy. By unlocking the full potential of microalgae, Brevel aims to create an alternative protein source suitable for mass production, addressing the increasing demand for environmentally friendly solutions across multiple industries.
Efenco
Grant in 2023
Efenco is a cleantech startup focused on enhancing the energy conversion efficiency of industrial furnaces and boilers while minimizing their carbon emissions. The company has developed a patented product known as the high-energy ray ceramic chip (HERC), which can reduce carbon dioxide emissions and fuel costs by at least 18% across various energy-intensive sectors, including electricity generation, steel manufacturing, and cement production. Efenco employs principles from quantum and plasma physics, nanotechnology, and electrochemistry to revolutionize the management of waste heat generated from natural gas combustion. By converting waste heat into ionizing radiation through low-temperature plasma generation, Efenco provides industries with innovative solutions to optimize energy usage and improve thermal conversion efficiency, contributing to a more sustainable industrial landscape.
Alvus
Pre Seed Round in 2022
Alvus offers biomethane services. They offer project development, construction, and operation of biogas plants. They assist their customers in every aspect related to a biogas plant, due diligence analysis, business plan verification, site selection, biomass research, choice of power supply plan, selection of the most suitable technology.
Energy Robotics
Grant in 2022
Energy Robotics is a developer of robotic systems aimed at enhancing productivity, safety, and data integrity in capital-intensive industrial environments. The company has introduced a commercially available software platform that integrates a hardware-independent robot operating system, cloud-based fleet management, and AI-driven data analysis. This platform is particularly useful for remote inspection and monitoring in demanding sectors like oil, gas, petrochemicals, energy, and security. The robots are equipped with advanced autonomy software and sensor technology, allowing for remote supervision and minimizing human exposure to hazardous conditions. Energy Robotics operates on a SaaS model, offering its software solutions and IT infrastructure alongside third-party hardware to deliver comprehensive robotic solutions for industrial applications.
Alvus
Grant in 2022
Alvus offers biomethane services. They offer project development, construction, and operation of biogas plants. They assist their customers in every aspect related to a biogas plant, due diligence analysis, business plan verification, site selection, biomass research, choice of power supply plan, selection of the most suitable technology.
Vanevo
Grant in 2022
Vanevo GmbH, founded in 2018 and based in Oldenburg, Germany, specializes in the development and manufacturing of components for redox flow batteries. The company focuses on creating stacks and modules designed to make electricity storage both affordable and accessible. Vanevo's batteries operate by storing energy in two tanks, allowing for efficient charging and discharging within the stacks. This innovative approach enables users to store electrical energy in a cost-effective manner, contributing to advancements in energy storage solutions.
C2C NewCap
Venture Round in 2022
C2C NewCap, founded in 2014 by Rui Silva and Andre Mao de Ferro, is a Lisbon-based manufacturer specializing in the production of supercapacitors designed for efficient electrical energy storage. The company focuses on developing next-generation devices that utilize proprietary electrodes and an aqueous electrolyte, which contribute to a low environmental impact. C2C NewCap aims to provide clients with energy storage solutions that not only enhance operational efficiency but also reduce overall environmental and operational costs.
Reliefed Technologies
Grant in 2022
Reliefed Technologies AB, based in Varberg, Sweden, specializes in producing 3D printing components for various industries, including transportation, building materials, consumer products, and energy applications. The company has developed a globally patented 3D-production method known as z.trusion®, which allows for 3D mass production on conventional 2D production lines. This innovative technology significantly reduces energy consumption and costs, particularly in the new energy sector, offering up to 97% less energy usage and ten times faster production speeds in the manufacturing of components like bipolar flow plates for fuel cells and electrolyzers. Reliefed Technologies holds 44 patents worldwide, enabling enhanced performance and efficiency in products such as lithium-ion batteries and thermal management systems for electric vehicles. The company collaborates with major multinational original equipment manufacturers (OEMs) and Tier 1 suppliers to implement its technology in industrial settings, driving advancements in energy solutions and sustainable manufacturing practices.
Reliefed Technologies
Venture Round in 2022
Reliefed Technologies AB, based in Varberg, Sweden, specializes in producing 3D printing components for various industries, including transportation, building materials, consumer products, and energy applications. The company has developed a globally patented 3D-production method known as z.trusion®, which allows for 3D mass production on conventional 2D production lines. This innovative technology significantly reduces energy consumption and costs, particularly in the new energy sector, offering up to 97% less energy usage and ten times faster production speeds in the manufacturing of components like bipolar flow plates for fuel cells and electrolyzers. Reliefed Technologies holds 44 patents worldwide, enabling enhanced performance and efficiency in products such as lithium-ion batteries and thermal management systems for electric vehicles. The company collaborates with major multinational original equipment manufacturers (OEMs) and Tier 1 suppliers to implement its technology in industrial settings, driving advancements in energy solutions and sustainable manufacturing practices.
Dracula Technologies
Grant in 2022
Dracula Technologies SAS, based in Valence, France, specializes in organic photovoltaic technology aimed at providing sustainable energy solutions for low-power devices. Founded in 2011, the company has developed an innovative product called Light As Your Energetic Response (LAYER), which captures ambient light—both indoors and outdoors—and converts it into electricity. This technology enables a variety of small devices, including phones, GPS units, and lamps, to recharge autonomously, thereby eliminating the need for traditional batteries. By utilizing digital printing techniques to create efficient light-harvesting modules, Dracula Technologies enhances the reliability and operational lifespan of electronic devices such as sensors and smart building applications, contributing to a more sustainable energy future. The company operates as a subsidiary of Ardeje.
Envola
Grant in 2022
Envola specializes in smart energy management, renewable energy resources, and energy storage solutions. The company focuses on developing both software and hardware designed to enhance energy efficiency and support the transition to sustainable energy systems. Envola designs innovative heat pumps that serve as integrated storage solutions, and it creates efficient storage systems capable of operating in conditions that are typically challenging for conventional heat pumps. Their offerings include modular systems consisting of an outdoor unit, an indoor unit, and optional room devices, allowing clients to tailor solutions to their specific energy needs.
Insolight
Grant in 2022
Insolight is an energy company founded in 2015 that specializes in the development and manufacturing of high-efficiency solar panels. The company has achieved significant advancements in solar technology, with modules reaching a record efficiency of 29 percent, which allows for a reduction in residential solar electricity costs to below 0.1 $/kWh. Insolight's innovative optical technology enhances efficiency while maintaining the simplicity of installation comparable to standard flat panels. The company's solar systems also incorporate an integrated tracking method to optimize energy capture, maximizing solar utility for agricultural applications. Insolight's business model focuses on developing intellectual property, overseeing wholesale distribution, and outsourcing manufacturing, ensuring a streamlined approach to delivering cost-effective solar solutions. The technology has been validated by reputable institutions, demonstrating its potential for widespread impact in both residential and agricultural sectors.
Nova Innovation
Grant in 2021
Nova Innovation Ltd. is a tidal energy company based in Edinburgh, United Kingdom, with additional offices in Leith, Caernarfon, and Shetland. Founded in 2009, the company specializes in designing, building, operating, and managing tidal energy devices, including underwater turbines that generate clean electricity from tidal, estuarine, and river flows. Nova Innovation is committed to promoting environmental sustainability and reducing reliance on fossil fuels by engaging with local supply chains, leveraging the expertise of coastal communities. The company gained recognition for deploying the world's first offshore tidal array and has received multiple awards for its contributions to low-carbon innovation. With a rapidly growing team of over 30 employees, Nova Innovation continues to advance its mission of harnessing tidal energy efficiently while ensuring minimal visual impact on marine environments.
BlueHeart Energy
Grant in 2021
BlueHeart Energy is a deep tech company focused on developing innovative green technologies to enhance heat pump performance. Utilizing thermoacoustics, the company generates sound waves within a closed circuit to produce heat and cold, marking a significant advancement as this technology is now being applied to residential heat pumps, previously limited to industrial applications. BlueHeart's products are designed to replace critical components in heat pumps, facilitating easy integration for original equipment manufacturers. The resulting heat pumps are versatile, silent, and cost-effective, suitable for both new and existing homes. Additionally, BlueHeart's technology is environmentally friendly, producing no CO2 emissions and eliminating the need for refrigerants, thus contributing to sustainable heating and cooling solutions.
Wi Charge
Venture Round in 2021
Wi-Charge is a developer of innovative wireless power solutions that utilize infrared technology to enable remote charging of electronic devices. Founded in 2010, the company addresses the growing need for efficient power management in the digital age by allowing devices to be powered continuously without the constraints of charging cables or batteries. Its technology is applicable in various environments, including smart retail and smart buildings, where it powers devices such as advertising displays, smart door locks, and security cameras. As Wi-Charge expands its offerings, it aims to serve consumer and commercial markets by providing wireless charging for laptops, tablets, mobile phones, gaming controllers, and light electric vehicles. The company's solutions not only offer cost savings by eliminating the need for cords and batteries but also promote sustainable energy practices, enhancing environmental, social, and governance (ESG) ratings.
ENERSENS
Venture Round in 2021
Enersens is a firm that produces silica aerogel products. The company was founded in 2010 and is based in Les Auvergnes, France.
Sympower
Grant in 2021
Sympower is a developer of sustainable energy solutions focused on enhancing the flexibility of energy users to support a balanced electricity grid. The company partners with industry leaders to facilitate the transition to a net-zero future by unlocking revenue streams and providing stability in energy markets. Utilizing advanced, automated software, Sympower enables clients to temporarily adjust the power of their systems and processes in response to grid imbalances. Their innovative approach aggregates electrical appliances and integrates them into a smart system, allowing for the shifting of energy usage to more economical times. This empowers customers to leverage their existing flexibility, contributing to a fully renewable energy grid while enhancing the value of their energy assets.
STAC Technology
Grant in 2021
STAC Technology is a research and development company focused on innovative cooling solutions. It has developed the world's first water vapor-driven turbo-compressors that utilize water as a natural refrigerant, replacing synthetic alternatives. This technology allows for on-site heating and cooling while harvesting thermal energy from water, resulting in sustainable and efficient solutions for the global cooling industry. STAC's systems offer zero emissions and significant energy and resource efficiency benefits, helping clients lower infrastructure costs while addressing climate change and global warming challenges.
STAC Technology
Venture Round in 2021
STAC Technology is a research and development company focused on innovative cooling solutions. It has developed the world's first water vapor-driven turbo-compressors that utilize water as a natural refrigerant, replacing synthetic alternatives. This technology allows for on-site heating and cooling while harvesting thermal energy from water, resulting in sustainable and efficient solutions for the global cooling industry. STAC's systems offer zero emissions and significant energy and resource efficiency benefits, helping clients lower infrastructure costs while addressing climate change and global warming challenges.
DENS
Grant in 2021
Dutch Energy Systems focuses on innovative energy solutions, specifically hydrazine-based systems that generate hydrogen and electricity. Their technology offers a sustainable and emissions-free alternative to traditional diesel generators, making it particularly beneficial for heavy-duty vehicles and machinery in sectors such as agriculture and construction. The company’s generators convert hydrazine into hydrogen, which is then transformed into electricity, providing clients with a renewable and silent power source. This approach significantly reduces the reliance on fossil fuels and contributes to lowering emissions in industries that typically depend on diesel-powered equipment.
ENERSENS
Grant in 2021
Enersens is a firm that produces silica aerogel products. The company was founded in 2010 and is based in Les Auvergnes, France.
X1 Wind
Grant in 2020
X1 Wind is a Barcelona-based company focused on developing innovative floating wind platforms designed for deep-water offshore wind energy. Founded in 2017, the company has engineered a floating system that significantly reduces costs by 50% and weight by 80% compared to traditional floating solutions. Its design minimizes the number of active systems, allowing for simplified installation and maintenance. The platform can be fully assembled at the port and deployed using a small tug boat, enhancing operational efficiency. X1 Wind's technology aims to provide a scalable and sustainable energy solution, contributing to the global transition toward clean and affordable energy while also helping to reduce carbon emissions.
Electrochaea
Venture Round in 2020
Electrochaea GmbH is a company based in Planegg, Germany, specializing in the development and commercialization of grid-scale power-to-gas energy storage technology. Founded in 2010, Electrochaea's proprietary process converts low-cost and stranded electricity, along with carbon dioxide, into renewable natural gas, specifically methane, which is suitable for direct injection into the existing natural gas grid. This technology facilitates the storage of large quantities of renewable energy generated from wind and solar sources, providing solutions for utility-scale energy storage, grid balancing, and carbon recycling. Additionally, the company aims to contribute to the decarbonization of transportation and natural gas grids, thereby reducing greenhouse gas emissions. With operational facilities in Denmark and California, Electrochaea represents a significant advancement in the efficient storage and transmission of renewable energy.
Electrochaea
Grant in 2020
Electrochaea GmbH is a company based in Planegg, Germany, specializing in the development and commercialization of grid-scale power-to-gas energy storage technology. Founded in 2010, Electrochaea's proprietary process converts low-cost and stranded electricity, along with carbon dioxide, into renewable natural gas, specifically methane, which is suitable for direct injection into the existing natural gas grid. This technology facilitates the storage of large quantities of renewable energy generated from wind and solar sources, providing solutions for utility-scale energy storage, grid balancing, and carbon recycling. Additionally, the company aims to contribute to the decarbonization of transportation and natural gas grids, thereby reducing greenhouse gas emissions. With operational facilities in Denmark and California, Electrochaea represents a significant advancement in the efficient storage and transmission of renewable energy.
AEInnova
Series A in 2020
AEInnova, founded in 2014 at the Autonomous University of Barcelona, specializes in innovative Internet of Things (IoT) solutions for predictive maintenance. The company was established by a team of PhDs and engineers with expertise in microelectronics and various engineering disciplines. AEInnova's flagship product, InduEye, is a fully battery-less and autonomous device that monitors vibrations, steam traps, and thermal conditions, harnessing energy from waste heat, with future versions incorporating solar and wind power. The technology stands out due to its patented innovation, which enhances performance and enables real-time edge computing while utilizing advanced wireless communication standards. AEInnova's devices are employed in diverse sectors, including oil and gas, aluminum, steel, paper, and water treatment, and feature a sophisticated IoT cloud-based dashboard for data analytics and predictive maintenance. The company has received 31 international awards for its contributions to sustainability and innovation and has secured significant investment, including funding from the European Commission. AEInnova is actively engaged in multiple EU R&D projects focused on energy harvesting and IoT technologies.
Hafnium Labs
Grant in 2019
Hafnium Labs develops software aimed at providing reliable physical property data for molecules and mixtures, primarily serving the chemicals, energy, and pharmaceutical sectors. The company has created an innovative system that merges advanced predictive methods, including quantum chemistry and artificial intelligence, with experimental data. This approach enables Hafnium Labs to deliver accurate predictions of physical properties while also quantifying the uncertainty associated with each prediction. By offering tools that support decision-making throughout the stages of molecular discovery and process optimization, Hafnium Labs empowers researchers and engineers to tackle significant challenges in chemistry, ultimately contributing to advancements that benefit healthcare, agriculture, and energy technologies.
C2C NewCap
Grant in 2019
C2C NewCap, founded in 2014 by Rui Silva and Andre Mao de Ferro, is a Lisbon-based manufacturer specializing in the production of supercapacitors designed for efficient electrical energy storage. The company focuses on developing next-generation devices that utilize proprietary electrodes and an aqueous electrolyte, which contribute to a low environmental impact. C2C NewCap aims to provide clients with energy storage solutions that not only enhance operational efficiency but also reduce overall environmental and operational costs.
AEInnova
Grant in 2019
AEInnova, founded in 2014 at the Autonomous University of Barcelona, specializes in innovative Internet of Things (IoT) solutions for predictive maintenance. The company was established by a team of PhDs and engineers with expertise in microelectronics and various engineering disciplines. AEInnova's flagship product, InduEye, is a fully battery-less and autonomous device that monitors vibrations, steam traps, and thermal conditions, harnessing energy from waste heat, with future versions incorporating solar and wind power. The technology stands out due to its patented innovation, which enhances performance and enables real-time edge computing while utilizing advanced wireless communication standards. AEInnova's devices are employed in diverse sectors, including oil and gas, aluminum, steel, paper, and water treatment, and feature a sophisticated IoT cloud-based dashboard for data analytics and predictive maintenance. The company has received 31 international awards for its contributions to sustainability and innovation and has secured significant investment, including funding from the European Commission. AEInnova is actively engaged in multiple EU R&D projects focused on energy harvesting and IoT technologies.
Brevel
Grant in 2019
Brevel has developed an innovative cultivation technology focused on the sustainable and cost-effective production of microalgae. Utilizing high-tech, fully automated indoor systems that feature internal illumination, Brevel's approach achieves significant cost reductions and substantially higher yields compared to traditional methods. This advanced technology positions the company to tap into various markets in need of microalgae-derived products, including sustainable food, materials, chemicals, pharmaceuticals, and energy. By unlocking the full potential of microalgae, Brevel aims to create an alternative protein source suitable for mass production, addressing the increasing demand for environmentally friendly solutions across multiple industries.
Brevel
Venture Round in 2019
Brevel has developed an innovative cultivation technology focused on the sustainable and cost-effective production of microalgae. Utilizing high-tech, fully automated indoor systems that feature internal illumination, Brevel's approach achieves significant cost reductions and substantially higher yields compared to traditional methods. This advanced technology positions the company to tap into various markets in need of microalgae-derived products, including sustainable food, materials, chemicals, pharmaceuticals, and energy. By unlocking the full potential of microalgae, Brevel aims to create an alternative protein source suitable for mass production, addressing the increasing demand for environmentally friendly solutions across multiple industries.
AEInnova
Seed Round in 2019
AEInnova, founded in 2014 at the Autonomous University of Barcelona, specializes in innovative Internet of Things (IoT) solutions for predictive maintenance. The company was established by a team of PhDs and engineers with expertise in microelectronics and various engineering disciplines. AEInnova's flagship product, InduEye, is a fully battery-less and autonomous device that monitors vibrations, steam traps, and thermal conditions, harnessing energy from waste heat, with future versions incorporating solar and wind power. The technology stands out due to its patented innovation, which enhances performance and enables real-time edge computing while utilizing advanced wireless communication standards. AEInnova's devices are employed in diverse sectors, including oil and gas, aluminum, steel, paper, and water treatment, and feature a sophisticated IoT cloud-based dashboard for data analytics and predictive maintenance. The company has received 31 international awards for its contributions to sustainability and innovation and has secured significant investment, including funding from the European Commission. AEInnova is actively engaged in multiple EU R&D projects focused on energy harvesting and IoT technologies.
X1 Wind
Seed Round in 2019
X1 Wind is a Barcelona-based company focused on developing innovative floating wind platforms designed for deep-water offshore wind energy. Founded in 2017, the company has engineered a floating system that significantly reduces costs by 50% and weight by 80% compared to traditional floating solutions. Its design minimizes the number of active systems, allowing for simplified installation and maintenance. The platform can be fully assembled at the port and deployed using a small tug boat, enhancing operational efficiency. X1 Wind's technology aims to provide a scalable and sustainable energy solution, contributing to the global transition toward clean and affordable energy while also helping to reduce carbon emissions.
Valtavalo
Grant in 2018
Valtavalo Ltd, founded in 2008, specializes in the development, manufacture, and supply of energy-efficient LED lighting solutions in Finland and internationally. As the largest LED tube manufacturer in the Northern Countries, Valtavalo focuses on high-volume production and large clients, allowing the company to offer competitive pricing on advanced lighting technologies that were previously considered too costly. Their product line features long-lifetime LED lighting tubes with replaceable light sources, which significantly reduce energy consumption and lower both installation and maintenance costs for users.
Wi Charge
Wi-Charge is a developer of innovative wireless power solutions that utilize infrared technology to enable remote charging of electronic devices. Founded in 2010, the company addresses the growing need for efficient power management in the digital age by allowing devices to be powered continuously without the constraints of charging cables or batteries. Its technology is applicable in various environments, including smart retail and smart buildings, where it powers devices such as advertising displays, smart door locks, and security cameras. As Wi-Charge expands its offerings, it aims to serve consumer and commercial markets by providing wireless charging for laptops, tablets, mobile phones, gaming controllers, and light electric vehicles. The company's solutions not only offer cost savings by eliminating the need for cords and batteries but also promote sustainable energy practices, enhancing environmental, social, and governance (ESG) ratings.
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