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.

Nicklas Bergman

Strategic Advisor and IC member

Francoise Birnholz

Affiliate Member

David Malo Jean

Director

Past deals in Industrial Engineering

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.

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.

CemGreen

Grant in 2020
CemGreen is a company focused on providing innovative solutions for the cement and concrete manufacturing industries, particularly in the utilization of clay deposits. The company aims to be a leading knowledge provider by delivering essential specifications to optimize production processes. Through partnerships with global manufacturers, CemGreen offers equipment and technology that enhance the efficiency and profitability of cement production while simultaneously reducing its environmental impact. Additionally, CemGreen has developed in-house hardware that allows for the testing of various raw materials, enabling cement producers to establish optimal processing parameters. This approach not only helps to lower production costs but also aims to significantly reduce greenhouse gas emissions associated with cement manufacturing.

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.

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.
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