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 Industrial Engineering

ION-X

Series A in 2024
ION-X develops electric propulsion technology for small spacecraft and satellites. It focuses on a nanoscience-based thruster that ejects fully ionized particles to produce thrust, offering long service life and high modularity. The technology aims for scalable manufacturing with competitive production costs suitable for mass production, enabling customers to access the expanding aerospace market and pursue efficient, reliable propulsion for small platforms.

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 high-energy ray ceramic chip (HERC) that significantly reduces CO2 emissions and fuel costs by at least 18% in energy-intensive sectors, including electricity generation, steel manufacturing, pulp and paper production, ceramics, cement, and district heating. By leveraging principles from quantum and plasma physics, nanotechnology, and electrochemistry, Efenco's innovative technology captures and converts waste heat generated during natural gas combustion into a flux of ionizing radiation, thereby enabling industries to optimize energy usage and improve thermal conversion efficiency.

IRUBIS

Convertible Note in 2022
Founded in Munich, Germany in 2017, IRUBIS specializes in manufacturing Mid-Infrared (MIR) spectrometers and Attenuated Total Reflection (ATR) crystals. The company combines semiconductor technology with infrared spectroscopy to develop devices for analyzing protein-based drugs. IRUBIS offers a real-time bioprocess monitoring system using MIR spectroscopy, which measures glucose and lactate online without contamination risk. They also provide ATR crystals and accessory solutions.

IRUBIS

Seed Round in 2022
Founded in Munich, Germany in 2017, IRUBIS specializes in manufacturing Mid-Infrared (MIR) spectrometers and Attenuated Total Reflection (ATR) crystals. The company combines semiconductor technology with infrared spectroscopy to develop devices for analyzing protein-based drugs. IRUBIS offers a real-time bioprocess monitoring system using MIR spectroscopy, which measures glucose and lactate online without contamination risk. They also provide ATR crystals and accessory solutions.

TM Systems

Grant in 2021
TM Systems is an engineering and manufacturing company specializing in industrial air systems and solutions for process industries.

TM Systems

Venture Round in 2021
TM Systems is an engineering and manufacturing company specializing in industrial air systems and solutions for process industries.

Beridi

Venture Round in 2020
Beridi is a prominent seashore engineering company specializing in the offshore wind sector. The company focuses on developing innovative maritime engineering solutions, particularly a concrete-based platform designed for the safe and efficient installation of offshore wind turbines. This platform features a hollow, monolithic, and durable concrete structure that aims to lower the costs associated with renewable energy. Through its advancements, Beridi contributes to the global transition towards cleaner and more sustainable energy sources.

Beridi

Grant in 2020
Beridi is a prominent seashore engineering company specializing in the offshore wind sector. The company focuses on developing innovative maritime engineering solutions, particularly a concrete-based platform designed for the safe and efficient installation of offshore wind turbines. This platform features a hollow, monolithic, and durable concrete structure that aims to lower the costs associated with renewable energy. Through its advancements, Beridi contributes to the global transition towards cleaner and more sustainable energy sources.

CemGreen

Grant in 2020
CemGreen aims to be the premier knowledge provider for cement and concrete manufacturers, focusing on the utilization of clay deposits. It delivers specifications and optimizes process parameters to enhance production profitability while minimizing environmental impact.

Otechos Technology Group

Grant in 2020
OTECHOS Technology Group is a company established in 2012, focusing on the development of innovative and environmentally friendly products, particularly in the oil and gas sector, as well as machinery and mechanical engineering. With a foundation rooted in industrial engineering, OTECHOS specializes in air and gas compressors that employ patented technologies to ensure energy efficiency and an oil-free, low-noise, and vibration-free operation. The company benefits from the extensive experience of its founders, who have a history of establishing multiple technology firms since 2000, including notable successes in mechanical technology and products. OTECHOS maintains a small, flexible environment that fosters creativity and innovation, while its management team, composed of experienced professionals, is dedicated to bringing new technologies with global potential to market. The company is backed by several investors and has established a reputation for developing cutting-edge solutions that enhance operational efficiency in the industry.

Otechos Technology Group

Venture Round in 2020
OTECHOS Technology Group is a company established in 2012, focusing on the development of innovative and environmentally friendly products, particularly in the oil and gas sector, as well as machinery and mechanical engineering. With a foundation rooted in industrial engineering, OTECHOS specializes in air and gas compressors that employ patented technologies to ensure energy efficiency and an oil-free, low-noise, and vibration-free operation. The company benefits from the extensive experience of its founders, who have a history of establishing multiple technology firms since 2000, including notable successes in mechanical technology and products. OTECHOS maintains a small, flexible environment that fosters creativity and innovation, while its management team, composed of experienced professionals, is dedicated to bringing new technologies with global potential to market. The company is backed by several investors and has established a reputation for developing cutting-edge solutions that enhance operational efficiency in the industry.

IRUBIS

Venture Round in 2020
Founded in Munich, Germany in 2017, IRUBIS specializes in manufacturing Mid-Infrared (MIR) spectrometers and Attenuated Total Reflection (ATR) crystals. The company combines semiconductor technology with infrared spectroscopy to develop devices for analyzing protein-based drugs. IRUBIS offers a real-time bioprocess monitoring system using MIR spectroscopy, which measures glucose and lactate online without contamination risk. They also provide ATR crystals and accessory solutions.

Nimesis

Venture Round in 2020
Nimesis Technology specializes in the design, manufacturing, and sale of shape memory alloys and related products and services. The company focuses on advancing mechanical and industrial engineering technologies to facilitate the industrial production of high-temperature shape memory alloys. Nimesis employs proprietary alloy inspection software that evaluates the thermo-mechanical behavior of complex alloys, encompassing all stages from technical analysis to industrial production. This comprehensive approach includes design, development, prototyping, control, and component qualification, allowing businesses to optimize alloy mechanical simulation and refine shape memory components for various applications.

Nimesis

Grant in 2020
Nimesis Technology specializes in the design, manufacturing, and sale of shape memory alloys and related products and services. The company focuses on advancing mechanical and industrial engineering technologies to facilitate the industrial production of high-temperature shape memory alloys. Nimesis employs proprietary alloy inspection software that evaluates the thermo-mechanical behavior of complex alloys, encompassing all stages from technical analysis to industrial production. This comprehensive approach includes design, development, prototyping, control, and component qualification, allowing businesses to optimize alloy mechanical simulation and refine shape memory components for various applications.

IRUBIS

Grant in 2020
Founded in Munich, Germany in 2017, IRUBIS specializes in manufacturing Mid-Infrared (MIR) spectrometers and Attenuated Total Reflection (ATR) crystals. The company combines semiconductor technology with infrared spectroscopy to develop devices for analyzing protein-based drugs. IRUBIS offers a real-time bioprocess monitoring system using MIR spectroscopy, which measures glucose and lactate online without contamination risk. They also provide ATR crystals and accessory solutions.

KINE Robot Solutions

Grant in 2018
KINE Robot Solutions specializes in the design and development of robotic systems tailored for industrial applications globally. The company creates customized solutions that streamline various industrial processes, utilizing advanced three-dimensional simulations that incorporate components such as grippers, conveyors, tools, machines, and sensor systems. These systems can be seamlessly integrated into existing environments and are operated via a user-friendly touchscreen interface. In addition to system design, KINE also offers maintenance services and training programs to ensure effective use of the robots, providing clients with cost-effective alternatives for enhancing production efficiency and ensuring timely upkeep.

Factobotics

Grant in 2017
Factobotics is a manufacturing firm dedicated to developing advanced industrial robotic solutions and commercializing them globally. The company focuses on creating effective robotics business cases by aligning client needs with innovative yet proven robotic technologies. When existing solutions do not meet client requirements, Factobotics takes the initiative to develop new products, often collaborating with the initial client to ensure functionality and relevance. The company specializes in various applications, including machine tending robots, conveyor line handling and quality control, and intralogistics robotics, positioning itself as a key player in the rapidly evolving robotics industry.
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