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 Image Recognition

Basemark

Series B in 2024
Basemark specializes in developing augmented reality software for enhanced driver awareness and safety. It offers tools to avoid occlusion, prevent motion sickness, and support multiple in-vehicle displays, enabling automotive manufacturers to create practical AR applications.

Ligence

Convertible Note in 2023
Ligence is a Deep Tech startup based in Lithuania that combines medical expertise with artificial intelligence to automate echocardiography image analysis. The company develops tools for automatic recognition of heart image views, measurement, and report generation, accessible via a web-based platform and designed to integrate with hospital information systems. Its flagship solution, Ligence Heart, aims to reduce manual measurements by physicians and enhance consistency in heart ultrasound examinations through automated analysis. The offering targets clinicians and healthcare providers seeking to streamline cardiovascular imaging workflows.

Abbelight

Venture Round in 2023
Abbelight is a company that develops modular single-molecule localization microscopy technology to enable super-resolved fluorescence imaging for biological research. Its solution combines consumables, hardware, and software to deliver reliable, state-of-the-art imaging and supports researchers in biology, pharmacology, and environmental science who seek higher-resolution observations of biological samples. The modular platform enables researchers to implement SMLM without compromising instrument performance, and the company provides end-to-end support from sample preparation to data analysis by integrating chemistry, software, and optical components. By simplifying workflows and offering integrated tools, Abbelight aims to make advanced microscopy accessible to laboratories of varying sizes, helping users observe subcellular structures with improved resolution.

nyris

Venture Round in 2023
nyris is a visual search platform provider that enables users to find products and objects in images and videos using AI and neural networks. The platform serves multiple industries, including retail and e-commerce, industrial and manufacturing, media and entertainment, and financial services, by delivering fast, unified search results and improved discovery. Founded in 2015 and headquartered in Berlin with a second location in Düsseldorf, nyris serves customers across more than 50 countries.

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.

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.

iThera Medical

Venture Round in 2022
iThera Medical develops biomedical imaging technology based on photonic molecular imaging and multispectral optoacoustic tomography (MSOT) for preclinical and clinical applications. The company leverages the photoacoustic effect to visualize and quantify anatomical, functional, and molecular information in vivo, including deep tissue visualization and real-time imaging, enabling non-invasive assessment of tumors and inflammatory diseases. Founded in 2010 as a spin-off from Helmholtz Zentrum München, iThera Medical focuses on advancing MSOT technology for use in preclinical research and clinical trials, supporting researchers and clinicians in obtaining deeper insights into biological processes without invasive procedures.

Sightic

Pre Seed Round in 2022
Sightic Analytics specializes in developing AI-powered software that enables real-time analysis of drug effects through image analysis of the eye area. Utilizing a mobile phone's camera, the company's technology captures a short film sequence of an individual's eye, focusing on pupil responses to detect the presence of drugs. This innovative approach allows for efficient and discreet drug testing, making it suitable for use in various settings, including workplace environments. Sightic's solution aims to streamline the drug screening process while minimizing privacy concerns, enabling employers to monitor employee health effectively.

Nano4Imaging

Grant in 2022
Nano4Imaging GmbH, established in 2011 and located in Aachen, Germany, specializes in the development and production of contrast agents and devices designed for in-vivo imaging of medical implants and minimally invasive devices. The company offers a range of products, including MRWire EmeryGlide, a magnetic resonance imaging (MRI) conditional guidewire, and various coatings under the MagnaFy brand that enhance the visibility of devices in different imaging modalities, such as MRI, computed tomography (CT), and X-ray. These innovations facilitate navigation and monitoring during medical interventions, particularly in the treatment of cardiovascular diseases and in radiotherapy. By leveraging advanced nanotechnology, Nano4Imaging aims to improve the accuracy of patient monitoring and intervention outcomes.

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.

BlinkIn

Grant in 2022
BlinkIN is a technology company that has developed a smart visual assistant to enhance customer support through augmented reality and artificial intelligence. Its primary product, a visual bot, functions as a virtual troubleshooting guide, enabling users to show their devices or machines via smartphone. The bot then provides step-by-step instructions on-screen to resolve technical issues, ensuring accuracy at each stage. In addition to this, BlinkIN offers a service called BlinkIN Expert, which allows customers to connect with specialists or local technicians through a simple SMS link, eliminating the need for installation. By transforming traditional audio tech support calls into more intuitive visual interactions, BlinkIN aims to improve the efficiency of customer support processes while reducing the need for on-site dispatches.

neuroClues

Grant in 2022
neuroClues develops AI-driven eye-tracking technology for clinical use that quantifies neurological function during exams. The platform provides an easy-to-use eye-tracking environment enabling clinicians to assess brain health non-invasively and monitor neurological conditions. By applying AI to eye movement data, the company aims to enable earlier detection of neurological disorders such as Parkinson's and Alzheimer's disease, potentially improving patient outcomes and informing treatment decisions. The approach offers a non-invasive diagnostic aid that can complement traditional assessments and support streamlined clinical workflows.

NICO.LAB

Grant in 2022
Born from the MRCLEAN trial, NICO.LAB was founded in 2015 as a spin-off from the Amsterdam University Medical Center. Our research background continues to drive our way of thinking. The team consists of researchers, developers and experienced medical specialists to ensure we align with our clients needs. We believe connecting human & artificial intelligence will revolutionize emergency care. Our cloud-based solution, StrokeViewer, automatically analyses brain CT scans and gives results within minutes. StrokeViewer empowers physicians in the emergency setting to provide patients with the right treatment in time.

Sightic

Grant in 2022
Sightic Analytics specializes in developing AI-powered software that enables real-time analysis of drug effects through image analysis of the eye area. Utilizing a mobile phone's camera, the company's technology captures a short film sequence of an individual's eye, focusing on pupil responses to detect the presence of drugs. This innovative approach allows for efficient and discreet drug testing, making it suitable for use in various settings, including workplace environments. Sightic's solution aims to streamline the drug screening process while minimizing privacy concerns, enabling employers to monitor employee health effectively.

Oivi

Grant in 2022
Oivi is a Norwegian company founded in 2017 and based in Oslo, specializing in the development of an affordable AI-driven camera and platform for the identification of diabetic eye diseases. The company focuses on facilitating retinal screening in primary care settings, thereby promoting awareness and proactive management of diabetic eye health. Oivi's innovative platform employs automated image capture and diagnostic capabilities to monitor eye diseases effectively through teleconsultation. With a multifaceted team possessing extensive expertise in camera and software development, Oivi aims to empower patients to prevent permanent vision loss associated with diabetes.

ariadne

Grant in 2022
Ariadne.ai ag is a contract research organization (CRO) that specializes in automated high-throughput biomedical image analysis and image processing technology. The company offers a scalable and consistent solution to image processing and analysis bottlenecks, allowing R&D teams to concentrate on staining and imaging. Whether customers need to automate an existing workflow or create a new one, Ariadne.ai ag is ready to help, allowing them to scale their experiments.

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.

Ligence

Grant in 2022
Ligence is a Deep Tech startup based in Lithuania that combines medical expertise with artificial intelligence to automate echocardiography image analysis. The company develops tools for automatic recognition of heart image views, measurement, and report generation, accessible via a web-based platform and designed to integrate with hospital information systems. Its flagship solution, Ligence Heart, aims to reduce manual measurements by physicians and enhance consistency in heart ultrasound examinations through automated analysis. The offering targets clinicians and healthcare providers seeking to streamline cardiovascular imaging workflows.

iThera Medical

Venture Round in 2021
iThera Medical develops biomedical imaging technology based on photonic molecular imaging and multispectral optoacoustic tomography (MSOT) for preclinical and clinical applications. The company leverages the photoacoustic effect to visualize and quantify anatomical, functional, and molecular information in vivo, including deep tissue visualization and real-time imaging, enabling non-invasive assessment of tumors and inflammatory diseases. Founded in 2010 as a spin-off from Helmholtz Zentrum München, iThera Medical focuses on advancing MSOT technology for use in preclinical research and clinical trials, supporting researchers and clinicians in obtaining deeper insights into biological processes without invasive procedures.

iThera Medical

Grant in 2021
iThera Medical develops biomedical imaging technology based on photonic molecular imaging and multispectral optoacoustic tomography (MSOT) for preclinical and clinical applications. The company leverages the photoacoustic effect to visualize and quantify anatomical, functional, and molecular information in vivo, including deep tissue visualization and real-time imaging, enabling non-invasive assessment of tumors and inflammatory diseases. Founded in 2010 as a spin-off from Helmholtz Zentrum München, iThera Medical focuses on advancing MSOT technology for use in preclinical research and clinical trials, supporting researchers and clinicians in obtaining deeper insights into biological processes without invasive procedures.

LUMA Vision

Grant in 2021
LUMA Vision develops connected intravascular medical devices to support the treatment of cardiac arrhythmias. Using advanced four-dimensional imaging and artificial intelligence with real-time tissue analysis, the company enhances electrophysiology and structural heart interventions, aiming to improve patient outcomes, increase procedural safety, and reduce healthcare system costs.

LUMA Vision

Series A in 2021
LUMA Vision develops connected intravascular medical devices to support the treatment of cardiac arrhythmias. Using advanced four-dimensional imaging and artificial intelligence with real-time tissue analysis, the company enhances electrophysiology and structural heart interventions, aiming to improve patient outcomes, increase procedural safety, and reduce healthcare system costs.

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.

PlanBlue

Grant in 2021
PlanBlue develops innovative underwater monitoring technology. Its flagship product, DiveRay, is an intelligent hyperspectral camera that automatically scans seafloors, lake bottoms, and river beds using machine-learning algorithms. This reduces time spent on data collection and analysis, providing objective insights for environmental impact assessment, scientific research, and industrial applications.

Ligence

Venture Round in 2021
Ligence is a Deep Tech startup based in Lithuania that combines medical expertise with artificial intelligence to automate echocardiography image analysis. The company develops tools for automatic recognition of heart image views, measurement, and report generation, accessible via a web-based platform and designed to integrate with hospital information systems. Its flagship solution, Ligence Heart, aims to reduce manual measurements by physicians and enhance consistency in heart ultrasound examinations through automated analysis. The offering targets clinicians and healthcare providers seeking to streamline cardiovascular imaging workflows.

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.

nyris

Grant in 2021
nyris is a visual search platform provider that enables users to find products and objects in images and videos using AI and neural networks. The platform serves multiple industries, including retail and e-commerce, industrial and manufacturing, media and entertainment, and financial services, by delivering fast, unified search results and improved discovery. Founded in 2015 and headquartered in Berlin with a second location in Düsseldorf, nyris serves customers across more than 50 countries.

Veoware

Grant in 2021
Veoware specializes in satellite imagery services. It develops space-based systems for on-demand access to Earth imagery, enhancing data collection capabilities through advanced actuator technology.

Veoware

Seed Round in 2021
Veoware specializes in satellite imagery services. It develops space-based systems for on-demand access to Earth imagery, enhancing data collection capabilities through advanced actuator technology.

K | Lens

Grant in 2020
K | Lens is a technology startup that develops imaging solutions based on its patented K|Lens technology, a third-dimensional lens capable of capturing color and depth information in a single shot with any standard camera. The technology, invented at the Max-Planck-Institute for Informatics at Saarland University and further developed during an incubation with IT Inkubator, enables control of sharpness and blurring to deliver photorealistic images with DSLR-like quality. This approach helps manufacturers improve efficiency and accuracy in production processes, and ensure product quality.

Lightspace Labs

Grant in 2020
Lightspace Technologies SIA specializes in the development of advanced optical solutions and technologies for augmented reality (AR) and virtual reality (VR) displays. Incorporated in 2014 and based in Mārupe, Latvia, the company focuses on creating multifocal, accommodating AR headsets and future glasses-free 3D image displays. Their portfolio includes innovative products such as a multilayer liquid crystal switching diffuser, VR/AR near-eye display architecture, and a unity 3D rendering software plugin designed for volumetric displays. Lightspace's volumetric 3D monitor is particularly significant in sectors like medicine and security, providing real-time 3D displays with optically deep images. This technology facilitates applications such as three-dimensional microscopy, image-guided surgery, and diagnostics, enhancing both image quality and eye comfort for professionals across various fields. Recognized as a leading contributor to volumetric 3D display technologies, Lightspace continues to advance optical reality solutions by reducing the optical hardware requirements for light field display technology significantly.

photonicSENS

Grant in 2020
PhotonicSens is a developer of advanced single-lens 3-dimensional camera modules that generate depth maps and RGB images, capturing intricate details of the environment. The company focuses on enhancing depth perception experiences on mobile devices, facilitating applications such as gesture recognition, face recognition, navigation, and mixed reality. By combining innovative optics with sophisticated algorithms, PhotonicSens has pioneered a technology that allows mobile devices to replicate the human eye's ability to accurately judge distance, positioning itself at the forefront of the next generation of Internet of Things (IoT) applications.

K | Lens

Seed Round in 2020
K | Lens is a technology startup that develops imaging solutions based on its patented K|Lens technology, a third-dimensional lens capable of capturing color and depth information in a single shot with any standard camera. The technology, invented at the Max-Planck-Institute for Informatics at Saarland University and further developed during an incubation with IT Inkubator, enables control of sharpness and blurring to deliver photorealistic images with DSLR-like quality. This approach helps manufacturers improve efficiency and accuracy in production processes, and ensure product quality.

Seervision

Grant in 2020
Seervision AG is a Swiss startup founded in 2016 and based in Zurich, specializing in software for camera automation aimed at enhancing video production. Originally conceived at ETH Zurich to improve live lecture recording, the company has evolved into a robust enterprise with a focus on automating workflows in corporate studios, stage events, and educational environments. The Seervision Suite employs advanced video analysis algorithms that utilize motion control technology, integrating computer vision and machine learning to facilitate fully automated productions. This includes features such as autonomous camera tracking, facial recognition, and scene understanding, allowing for seamless integration into corporate settings and significantly simplifying live production processes. With a growing team of over 30 employees, Seervision is committed to making video production effortless and efficient.

Mindpeak

Grant in 2020
MindPeak GmbH is a technology company based in Hamburg, Germany, founded in 2018. It specializes in developing artificial intelligence software tools aimed at enhancing the accuracy and efficiency of cancer diagnostics. The company's flagship product, BreastAI, is designed for the quantification of breast cancer immunohistochemistry (IHC) and can be integrated into third-party software systems. MindPeak's solutions automate tissue diagnostics, enabling pathologists to identify and quantify tumorous regions and detect breast cancer cells more effectively. By streamlining tasks such as cell and biomarker quantification, MindPeak's tools allow cancer specialists to focus on critical decision-making in clinical environments, ultimately improving patient care while making diagnostic processes more accessible and cost-effective.

Lightspace Labs

Venture Round in 2020
Lightspace Technologies SIA specializes in the development of advanced optical solutions and technologies for augmented reality (AR) and virtual reality (VR) displays. Incorporated in 2014 and based in Mārupe, Latvia, the company focuses on creating multifocal, accommodating AR headsets and future glasses-free 3D image displays. Their portfolio includes innovative products such as a multilayer liquid crystal switching diffuser, VR/AR near-eye display architecture, and a unity 3D rendering software plugin designed for volumetric displays. Lightspace's volumetric 3D monitor is particularly significant in sectors like medicine and security, providing real-time 3D displays with optically deep images. This technology facilitates applications such as three-dimensional microscopy, image-guided surgery, and diagnostics, enhancing both image quality and eye comfort for professionals across various fields. Recognized as a leading contributor to volumetric 3D display technologies, Lightspace continues to advance optical reality solutions by reducing the optical hardware requirements for light field display technology significantly.

MiWendo

Grant in 2020
MiWendo develops an electromagnetic endoscopy accessory that automates polyp detection during colorectal examinations. Its platform attaches to conventional colonoscopes, expanding the field of view and enabling tissue differentiation, helping healthcare providers identify and classify colorectal polyps within existing clinical workflows.

LUMA Vision

Grant in 2020
LUMA Vision develops connected intravascular medical devices to support the treatment of cardiac arrhythmias. Using advanced four-dimensional imaging and artificial intelligence with real-time tissue analysis, the company enhances electrophysiology and structural heart interventions, aiming to improve patient outcomes, increase procedural safety, and reduce healthcare system costs.

Oivi

Grant in 2020
Oivi is a Norwegian company founded in 2017 and based in Oslo, specializing in the development of an affordable AI-driven camera and platform for the identification of diabetic eye diseases. The company focuses on facilitating retinal screening in primary care settings, thereby promoting awareness and proactive management of diabetic eye health. Oivi's innovative platform employs automated image capture and diagnostic capabilities to monitor eye diseases effectively through teleconsultation. With a multifaceted team possessing extensive expertise in camera and software development, Oivi aims to empower patients to prevent permanent vision loss associated with diabetes.

PlanBlue

Seed Round in 2020
PlanBlue develops innovative underwater monitoring technology. Its flagship product, DiveRay, is an intelligent hyperspectral camera that automatically scans seafloors, lake bottoms, and river beds using machine-learning algorithms. This reduces time spent on data collection and analysis, providing objective insights for environmental impact assessment, scientific research, and industrial applications.

photonicSENS

Seed Round in 2019
PhotonicSens is a developer of advanced single-lens 3-dimensional camera modules that generate depth maps and RGB images, capturing intricate details of the environment. The company focuses on enhancing depth perception experiences on mobile devices, facilitating applications such as gesture recognition, face recognition, navigation, and mixed reality. By combining innovative optics with sophisticated algorithms, PhotonicSens has pioneered a technology that allows mobile devices to replicate the human eye's ability to accurately judge distance, positioning itself at the forefront of the next generation of Internet of Things (IoT) applications.

Picterus

Grant in 2019
Picterus is developing an app to diagnose jaundice in newborns, aiming to reduce the global infant mortality associated with this condition. The platform uses a patented color calibration card and smartphone camera for accurate image capture, providing healthcare professionals and caregivers with a reliable tool for early detection and timely intervention.

Abbelight

Venture Round in 2019
Abbelight is a company that develops modular single-molecule localization microscopy technology to enable super-resolved fluorescence imaging for biological research. Its solution combines consumables, hardware, and software to deliver reliable, state-of-the-art imaging and supports researchers in biology, pharmacology, and environmental science who seek higher-resolution observations of biological samples. The modular platform enables researchers to implement SMLM without compromising instrument performance, and the company provides end-to-end support from sample preparation to data analysis by integrating chemistry, software, and optical components. By simplifying workflows and offering integrated tools, Abbelight aims to make advanced microscopy accessible to laboratories of varying sizes, helping users observe subcellular structures with improved resolution.

TiHive Technologies

Venture Round in 2019
TiHive Technologies develops an advanced imaging and sensing system designed for high-speed, interconnected operation. This system enables multiple devices to work together, forming intelligent networks that detect product defects during in-line production.

Picterus

Venture Round in 2019
Picterus is developing an app to diagnose jaundice in newborns, aiming to reduce the global infant mortality associated with this condition. The platform uses a patented color calibration card and smartphone camera for accurate image capture, providing healthcare professionals and caregivers with a reliable tool for early detection and timely intervention.

TiHive Technologies

Grant in 2019
TiHive Technologies develops an advanced imaging and sensing system designed for high-speed, interconnected operation. This system enables multiple devices to work together, forming intelligent networks that detect product defects during in-line production.

Mindpeak

Seed Round in 2019
MindPeak GmbH is a technology company based in Hamburg, Germany, founded in 2018. It specializes in developing artificial intelligence software tools aimed at enhancing the accuracy and efficiency of cancer diagnostics. The company's flagship product, BreastAI, is designed for the quantification of breast cancer immunohistochemistry (IHC) and can be integrated into third-party software systems. MindPeak's solutions automate tissue diagnostics, enabling pathologists to identify and quantify tumorous regions and detect breast cancer cells more effectively. By streamlining tasks such as cell and biomarker quantification, MindPeak's tools allow cancer specialists to focus on critical decision-making in clinical environments, ultimately improving patient care while making diagnostic processes more accessible and cost-effective.

Aiforia

Grant in 2019
Founded in 2013 as a spin-off from the University of Helsinki's Finnish Institute for Molecular Medicine, Aiforia specializes in cloud-based microscopy and pathology. Its platform combines deep learning AI and high-performance cloud computing to provide efficient, scalable solutions for image-based diagnostics across various fields.

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.

MiWendo

Funding Round in 2019
MiWendo develops an electromagnetic endoscopy accessory that automates polyp detection during colorectal examinations. Its platform attaches to conventional colonoscopes, expanding the field of view and enabling tissue differentiation, helping healthcare providers identify and classify colorectal polyps within existing clinical workflows.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.