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 Internet of Things

FaradaIC Sensors

Seed Round in 2025
FaradaIC Sensors focuses on developing miniaturized gas sensors aimed at enhancing dioxygen detection capabilities for electronic devices. By employing standard microfabrication techniques, the company effectively reduces both the size and power consumption of its sensors, leading to lower production costs. This innovative approach allows for the commoditization of gas sensors, making them accessible and affordable for a variety of Internet of Things applications. FaradaIC Sensors is positioned to capitalize on the growing demand for flexible and cost-effective gas sensing solutions in the expanding IoT market.

Skyfora

Seed Round in 2025
Skyfora is a company focused on enhancing weather observation and forecasting capabilities through innovative technology. It addresses the limitations of traditional weather data by utilizing repurposed GNSS receivers located in telecom base stations, transforming them into advanced 4D weather scanners. This approach generates significantly more weather observation data, improving the accuracy and performance of AI-driven weather forecasts. Additionally, Skyfora develops forecasting software that leverages computer vision and IoT technologies to analyze high-resolution satellite images, particularly for predicting hurricanes. This technology aids disaster management efforts by providing critical insights that can help mitigate the impacts of severe weather events. Through its advancements, Skyfora contributes to global sustainability and enhances the operational efficiency of industries reliant on accurate weather information.

Quantune Technologies

Grant in 2024
Quantune Technologies is a deep tech startup specializing in optics and photonics technology. The company focuses on developing advanced infrared spectrometers that facilitate continuous and non-invasive health monitoring. By miniaturizing traditional laboratory equipment used for molecular analysis into compact modules, Quantune enables both biomedical consumer devices and industrial applications. This innovation allows clients to efficiently conduct real-time monitoring and analysis of chemical compounds and emissions, providing accessible solutions for a range of novel applications.

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.

E-peas

Venture Round in 2024
E-peas SA is a Belgian company established in 2014, specializing in the design and manufacturing of electronic systems that provide energy autonomy for Internet of Things (IoT) applications. The company develops innovative energy harvesting solutions that enable devices to draw energy from various ambient sources, including solar, thermal, vibration, and radiofrequency. E-peas produces energy harvesting power management integrated circuits (PMICs) and microcontrollers that enhance the performance and longevity of IoT devices by either extending battery life or eliminating the need for batteries altogether. Their technology caters to a wide range of sectors, including home automation, healthcare, retail, and agriculture, thereby facilitating the creation of smarter and more energy-efficient connected devices. Headquartered in Mont-Saint-Guibert, Belgium, E-peas aims to transform the landscape of portable energy solutions.

Ignion

Venture Round in 2023
Founded in 2015, Ignion specializes in designing and manufacturing antennas tailored for mobile and wireless connectivity. Their off-the-shelf antennas cater to Internet of Things devices, mobile connectivity, and short-range wireless systems, facilitating seamless integration within industrial designs.

NanoScent

Convertible Note in 2023
NanoScent is an Israeli sensor technology startup founded in 2017 that develops nanotechnology-based sensors for real-time detection of hydrogen impurities, gases, and volatile organic compounds. The company focuses on climate tech sensing and offers systems for monitoring hydrogen quality across the supply chain—from production to storage and refueling stations. Its flagship product, VOCID H2Confirm, provides in-line monitoring of hydrogen purity and VOCs with real-time alerts. NanoScent's technology supports applications in safety, quality control, and environmental monitoring. The company is headquartered in Misgav, Israel.

Neuro Event Labs

Convertible Note in 2023
Neuro Event Labs Oy, established in 2015 and headquartered in Tampere, Finland, specializes in developing artificial intelligence-based software for epilepsy patient monitoring. Their primary product collects accurate seizure data from patients at home and in hospitals, which is then analyzed and relayed to physicians for informed treatment decisions. This solution was developed in close collaboration with leading Finnish hospitals.

Sensoneo

Series A in 2023
Sensoneo is a global provider of enterprise‑grade smart waste management solutions that help cities and businesses reduce costs and environmental impact. The company combines in‑house ultrasonic sensors—Single, Double, Quatro, and patent‑pending Micro‑sensors—with advanced software that delivers real‑time monitoring, analytics, route planning, and vehicle load optimization. By enabling data‑driven decisions, Sensoneo’s platform can cut waste‑collection costs by at least 30 % and lower carbon emissions by up to 60 %. Its solutions are deployed in numerous locations across Europe, North America, South America, the Middle East, Australia, and New Zealand, and include incentive programs that encourage waste reduction and streamline the entire waste lifecycle.

Agurotech

Grant in 2023
Agurotech develops soil sensing technology, offering products that include robust sensors for reliable measurements, tailored irrigation recommendations, and continuous improvement of the irrigation process. Their platform provides a sensor-based weather station to offer local measurements of temperature, wind speed, direction, rainfall, and optimizes farm irrigation for crops and soils using farm data and local weather stations.

Bluedrop Medical

Venture Round in 2023
Founded in 2014, Bluedrop Medical develops an IoT-enabled device for early detection of diabetic foot ulcers. Its home-based system scans patients' feet daily, sends data to the cloud for analysis, and alerts healthcare providers to potential abnormalities, reducing amputation risks.

Quantune Technologies

Grant in 2023
Quantune Technologies is a deep tech startup specializing in optics and photonics technology. The company focuses on developing advanced infrared spectrometers that facilitate continuous and non-invasive health monitoring. By miniaturizing traditional laboratory equipment used for molecular analysis into compact modules, Quantune enables both biomedical consumer devices and industrial applications. This innovation allows clients to efficiently conduct real-time monitoring and analysis of chemical compounds and emissions, providing accessible solutions for a range of novel applications.

NANDO

Grant in 2023
ReLearn is a startup focused on leveraging artificial intelligence to assist companies and municipalities in minimizing their environmental impact by monitoring waste production. Utilizing a plug-and-play sensor called NANDO, which is installed on trash bins, ReLearn gathers precise data on the quantity and quality of waste generated daily. This data facilitates the creation of detailed sustainability reports and enhances awareness of environmental issues among corporate and civic stakeholders. The company employs gamification techniques to engage users and promote environmentally responsible behaviors. ReLearn aims to support visionary organizations in achieving their ZERO WASTE goals and adhering to key Sustainable Development Goals. By transforming ordinary bins into smart waste management systems, ReLearn enables clients to automate processes and improve efficiency while reducing carbon emissions and operational costs associated with improper waste disposal. The company has garnered recognition for its innovative approach, being a winner of the European Social Innovation Competition in 2022.

FaradaIC Sensors

Pre Seed Round in 2022
FaradaIC Sensors focuses on developing miniaturized gas sensors aimed at enhancing dioxygen detection capabilities for electronic devices. By employing standard microfabrication techniques, the company effectively reduces both the size and power consumption of its sensors, leading to lower production costs. This innovative approach allows for the commoditization of gas sensors, making them accessible and affordable for a variety of Internet of Things applications. FaradaIC Sensors is positioned to capitalize on the growing demand for flexible and cost-effective gas sensing solutions in the expanding IoT market.

Scantrust

Grant in 2022
ScanTrust SA is a company specializing in a cloud-based IoT platform that enhances supply chain visibility and product authentication. Founded in 2014 and headquartered in Lausanne, Switzerland, with operations in Shanghai, Singapore, and Bangkok, ScanTrust employs secure unique identifiers to connect products and packaging to the Internet. Its offerings include a printer portal for packaging and label partners to integrate secure codes into existing processes, an online portal for real-time business intelligence and supply chain insights, and secure QR codes that can be verified by smartphones. This technology enables brand owners to protect their products from counterfeiting while providing detailed supply chain control and opportunities for consumer engagement.

Skyfora

Pre Seed Round in 2022
Skyfora is a company focused on enhancing weather observation and forecasting capabilities through innovative technology. It addresses the limitations of traditional weather data by utilizing repurposed GNSS receivers located in telecom base stations, transforming them into advanced 4D weather scanners. This approach generates significantly more weather observation data, improving the accuracy and performance of AI-driven weather forecasts. Additionally, Skyfora develops forecasting software that leverages computer vision and IoT technologies to analyze high-resolution satellite images, particularly for predicting hurricanes. This technology aids disaster management efforts by providing critical insights that can help mitigate the impacts of severe weather events. Through its advancements, Skyfora contributes to global sustainability and enhances the operational efficiency of industries reliant on accurate weather information.

Skyfora

Grant in 2022
Skyfora is a company focused on enhancing weather observation and forecasting capabilities through innovative technology. It addresses the limitations of traditional weather data by utilizing repurposed GNSS receivers located in telecom base stations, transforming them into advanced 4D weather scanners. This approach generates significantly more weather observation data, improving the accuracy and performance of AI-driven weather forecasts. Additionally, Skyfora develops forecasting software that leverages computer vision and IoT technologies to analyze high-resolution satellite images, particularly for predicting hurricanes. This technology aids disaster management efforts by providing critical insights that can help mitigate the impacts of severe weather events. Through its advancements, Skyfora contributes to global sustainability and enhances the operational efficiency of industries reliant on accurate weather information.

Afon Technology

Grant in 2022
Afon Technology specializes in the development of non-invasive blood glucose monitoring devices aimed at benefiting individuals with diabetes. The company’s innovative technology allows for real-time, pain-free tracking of blood glucose levels, offering features such as continuous detection, potential pre-diabetic identification, and alarm alerts for high and low glucose levels. Users can access trend profiles and time-in-range statistics through a user-friendly app compatible with both iOS and Android systems. Additionally, Afon Technology’s device can transform any smartwatch into a glucose monitoring tool, providing fast and accurate measurements, data logging, and personalized health trends. This approach enhances daily management for diabetics, ultimately reducing the risk of diabetes-related complications.

Carmat

Post in 2022
Carmat is a French medtech company that specializes in the development and manufacturing of bioprosthetic artificial hearts. Founded in 2008 and headquartered in Vélizy-Villacoublay, the company creates biocompatible, auto-regulated total artificial hearts designed to closely mimic the human heart's structure, including both right and left ventricles. These devices are intended for patients suffering from chronic terminal heart failure classified as class IV by the New York Heart Association, as well as those experiencing acute terminal heart failure due to massive myocardial infarction. Carmat aims to provide a reliable and innovative therapeutic solution for heart failure patients who are ineligible for transplants and have exhausted other treatment options. In addition to the artificial hearts, the company develops the necessary power supply systems and remote diagnostic systems for these devices.

Carmat

Grant in 2022
Carmat is a French medtech company that specializes in the development and manufacturing of bioprosthetic artificial hearts. Founded in 2008 and headquartered in Vélizy-Villacoublay, the company creates biocompatible, auto-regulated total artificial hearts designed to closely mimic the human heart's structure, including both right and left ventricles. These devices are intended for patients suffering from chronic terminal heart failure classified as class IV by the New York Heart Association, as well as those experiencing acute terminal heart failure due to massive myocardial infarction. Carmat aims to provide a reliable and innovative therapeutic solution for heart failure patients who are ineligible for transplants and have exhausted other treatment options. In addition to the artificial hearts, the company develops the necessary power supply systems and remote diagnostic systems for these devices.

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.

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.

FaradaIC Sensors

Grant in 2022
FaradaIC Sensors focuses on developing miniaturized gas sensors aimed at enhancing dioxygen detection capabilities for electronic devices. By employing standard microfabrication techniques, the company effectively reduces both the size and power consumption of its sensors, leading to lower production costs. This innovative approach allows for the commoditization of gas sensors, making them accessible and affordable for a variety of Internet of Things applications. FaradaIC Sensors is positioned to capitalize on the growing demand for flexible and cost-effective gas sensing solutions in the expanding IoT market.

Nowi

Venture Round in 2022
Nowi is a technology company that specializes in energy harvesting solutions for Internet of Things (IoT) devices. It has developed a small chip that allows these devices to operate indefinitely without the need for traditional power sources, such as batteries or electrical cables. Instead, Nowi's patented technology captures ambient energy from various sources, including light, temperature gradients, and radio waves, converting them into usable power. This innovation not only simplifies the design process for manufacturers but also facilitates the creation of sustainable and environmentally friendly products. By harnessing the energy that is naturally available in the environment, Nowi aims to revolutionize the way IoT devices are powered, promoting a more efficient and maintenance-free approach to energy consumption.

E-peas

Grant in 2022
E-peas SA is a Belgian company established in 2014, specializing in the design and manufacturing of electronic systems that provide energy autonomy for Internet of Things (IoT) applications. The company develops innovative energy harvesting solutions that enable devices to draw energy from various ambient sources, including solar, thermal, vibration, and radiofrequency. E-peas produces energy harvesting power management integrated circuits (PMICs) and microcontrollers that enhance the performance and longevity of IoT devices by either extending battery life or eliminating the need for batteries altogether. Their technology caters to a wide range of sectors, including home automation, healthcare, retail, and agriculture, thereby facilitating the creation of smarter and more energy-efficient connected devices. Headquartered in Mont-Saint-Guibert, Belgium, E-peas aims to transform the landscape of portable energy solutions.

IOS

Grant in 2022
IOS is an R&D entity that focuses on renewable energy, safeguarding the environment, developing sensors, and exploring novel materials. Their approach involves consistently obtaining fresh knowledge and applying it in both domestic and international economic and research sectors. The institute's objective is to introduce cutting-edge technology into the economic environment by leveraging highly educated personnel and cutting-edge laboratory equipment. Their areas of focus include creating chemical sensors to detect food freshness, monitoring water, and air quality, ensuring personal safety and protection, synthesizing nanomaterials, and adapting them for use in diverse fields.

Quanturi Oy

Grant in 2022
Quanturi Oy is a Finnish company founded in 2016, headquartered in Espoo, with additional locations across Europe, including France, Great Britain, the Netherlands, Switzerland, Italy, and Belgium. The company specializes in developing and providing continuous monitoring solutions for fermentable products, focusing on sectors such as agriculture, forestry, and waste management. Its product offerings include wireless monitoring systems for compost temperature, grain management, and hay, as well as temperature monitoring systems applicable to various other industries. Quanturi Oy also engages in online sales of its innovative solutions, emphasizing the analysis of data associated with its connected objects.

Neuron Soundware

Venture Round in 2022
Neuron Soundware specializes in AI-driven machine diagnostics. It uses ultra-precise audio analysis and other physical parameter assessments to optimize industrial equipment performance, reduce operating costs, enhance maintenance efficiency, minimize environmental impact, and facilitate sustainable manufacturing.

Neuron Soundware

Grant in 2022
Neuron Soundware specializes in AI-driven machine diagnostics. It uses ultra-precise audio analysis and other physical parameter assessments to optimize industrial equipment performance, reduce operating costs, enhance maintenance efficiency, minimize environmental impact, and facilitate sustainable manufacturing.

Nowi

Grant in 2022
Nowi is a technology company that specializes in energy harvesting solutions for Internet of Things (IoT) devices. It has developed a small chip that allows these devices to operate indefinitely without the need for traditional power sources, such as batteries or electrical cables. Instead, Nowi's patented technology captures ambient energy from various sources, including light, temperature gradients, and radio waves, converting them into usable power. This innovation not only simplifies the design process for manufacturers but also facilitates the creation of sustainable and environmentally friendly products. By harnessing the energy that is naturally available in the environment, Nowi aims to revolutionize the way IoT devices are powered, promoting a more efficient and maintenance-free approach to energy consumption.

Xelera

Grant in 2022
Xelera develops a big data analytics platform that facilitates the integration of advanced accelerator technology, such as FPGAs and GPUs, into commercial applications for data centers and cloud services. As businesses face increasing data volumes and the demand for real-time analytics, Xelera's platform offers tools to assess performance improvements and cost efficiencies when migrating applications to accelerator technology. The company specializes in accelerating complex data analytics and machine learning processes while efficiently managing large-scale IoT infrastructure at the network edge. By enhancing energy efficiency and reducing total cost of ownership for data center servers, Xelera positions itself as a key player in empowering businesses to build robust accelerated data processing capabilities.

Quanturi Oy

Venture Round in 2022
Quanturi Oy is a Finnish company founded in 2016, headquartered in Espoo, with additional locations across Europe, including France, Great Britain, the Netherlands, Switzerland, Italy, and Belgium. The company specializes in developing and providing continuous monitoring solutions for fermentable products, focusing on sectors such as agriculture, forestry, and waste management. Its product offerings include wireless monitoring systems for compost temperature, grain management, and hay, as well as temperature monitoring systems applicable to various other industries. Quanturi Oy also engages in online sales of its innovative solutions, emphasizing the analysis of data associated with its connected objects.

Plair SA

Grant in 2022
Plair SA is a Swiss company specializing in the development and manufacturing of advanced systems for preventive environmental monitoring, particularly focusing on air quality. Founded in 2014 and based in Plan-les-Ouates, Switzerland, Plair SA designs instruments that enable continuous real-time measurements of fine airborne particles. Its notable products include the Rapid-E, which analyzes single aerosol particles, and the Particle Analyzer PA-300, capable of detecting, identifying, and classifying various airborne entities such as pollen, fungal spores, soot, and pollutants. The company offers solutions for airborne allergen monitoring, air quality assessment, and bioaerosol tracking, providing crucial data on atmospheric aerosol concentrations. Plair SA originated as a spin-off from the University of Geneva, reflecting its strong foundation in research and innovation.

Novolyze

Series A in 2022
Novolyze specializes in enhancing food safety and quality for the food and beverage industry. It leverages IoT and cloud computing to unify data, transform it into actionable insights, and facilitate real-time decision-making.

Ignion

Venture Round in 2022
Founded in 2015, Ignion specializes in designing and manufacturing antennas tailored for mobile and wireless connectivity. Their off-the-shelf antennas cater to Internet of Things devices, mobile connectivity, and short-range wireless systems, facilitating seamless integration within industrial designs.

Crocus Labs

Venture Round in 2022
Crocus Labs is a Berlin-based deep tech company specializing in advanced light engine technology. It develops energy-saving solutions for wellness, horticultural, and specialty lighting applications, aiming to bring its innovations to residential, commercial, and industrial spaces worldwide.

Ignion

Grant in 2022
Founded in 2015, Ignion specializes in designing and manufacturing antennas tailored for mobile and wireless connectivity. Their off-the-shelf antennas cater to Internet of Things devices, mobile connectivity, and short-range wireless systems, facilitating seamless integration within industrial designs.

EZMEMS

Venture Round in 2022
EZMEMS is an automation technology company that specializes in the development of smart plastic sensors. The company offers a fully integrated multi-sensing system on a plastic chip, designed for direct integration into various plastic products. EZMEMS focuses on creating small, wireless, battery-free, and low-cost sensors that enhance sensor fusion systems used for sensing, analytics, and insights. Its technology aims to provide clients with reliable and cost-effective solutions essential for Internet of Things (IoT) and edge computing applications, facilitating improved performance in diverse sensing environments.

EZMEMS

Grant in 2022
EZMEMS is an automation technology company that specializes in the development of smart plastic sensors. The company offers a fully integrated multi-sensing system on a plastic chip, designed for direct integration into various plastic products. EZMEMS focuses on creating small, wireless, battery-free, and low-cost sensors that enhance sensor fusion systems used for sensing, analytics, and insights. Its technology aims to provide clients with reliable and cost-effective solutions essential for Internet of Things (IoT) and edge computing applications, facilitating improved performance in diverse sensing environments.

Crocus Labs

Grant in 2022
Crocus Labs is a Berlin-based deep tech company specializing in advanced light engine technology. It develops energy-saving solutions for wellness, horticultural, and specialty lighting applications, aiming to bring its innovations to residential, commercial, and industrial spaces worldwide.

Insolight

Grant in 2022
Insolight is an energy company founded in 2015 that specializes in the development and manufacturing of advanced solar panels. The company has achieved record efficiency levels of 29 percent for its solar modules, significantly lowering residential solar electricity costs. Insolight utilizes innovative optical technology that combines high efficiency with the ease of mounting similar to standard flat panels. The company has also demonstrated its capabilities through third-party validations, achieving 36 percent efficiency on lab prototypes and 29 percent on pre-industrial modules. Insolight's business model focuses on developing intellectual property, controlling wholesale distribution, and outsourcing manufacturing. Additionally, the company is engaged in creating photovoltaic systems aimed at reducing solar electricity costs in the agricultural sector, employing integrated tracking methods to optimize energy production based on the sun's position.

Bluedrop Medical

Venture Round in 2021
Founded in 2014, Bluedrop Medical develops an IoT-enabled device for early detection of diabetic foot ulcers. Its home-based system scans patients' feet daily, sends data to the cloud for analysis, and alerts healthcare providers to potential abnormalities, reducing amputation risks.

Sensoneo

Venture Round in 2021
Sensoneo is a global provider of enterprise‑grade smart waste management solutions that help cities and businesses reduce costs and environmental impact. The company combines in‑house ultrasonic sensors—Single, Double, Quatro, and patent‑pending Micro‑sensors—with advanced software that delivers real‑time monitoring, analytics, route planning, and vehicle load optimization. By enabling data‑driven decisions, Sensoneo’s platform can cut waste‑collection costs by at least 30 % and lower carbon emissions by up to 60 %. Its solutions are deployed in numerous locations across Europe, North America, South America, the Middle East, Australia, and New Zealand, and include incentive programs that encourage waste reduction and streamline the entire waste lifecycle.

Wi Charge

Venture Round in 2021
Wi-Charge is a developer of safe and reliable wireless power solutions that can transmit energy over distances of 10 meters (30 feet) or more. Founded in 2010, the company's technology aims to eliminate the need for charging cables and batteries by providing seamless, continuous power to devices. This innovation addresses the growing inconvenience of frequent recharging or battery replacement in the digital era. Wi-Charge's solutions offer cost savings, hassle-free charging, and environmentally friendly energy use, enhancing ESG ratings. The technology is currently applied in smart retail and building environments, powering products like advertising displays and smart door locks. Future applications include wirelessly charging consumer devices such as laptops, tablets, cellphones, gaming controllers, handheld scanners, light EVs, and more. Wi-Charge's deep-tech solutions are based on breakthroughs in photonics and semiconductors, revolutionizing power transmission similar to how Wi-Fi transformed communications.

Pydro

Venture Round in 2021
Founded in 2016, Pydro develops modular water turbines for integrated smart pressure management and energy recovery in water pipe networks. The company offers compact, self-powered solutions that convert energy surpluses into usable power, enabling efficient water flow monitoring while reducing operational costs and environmental impact.

MYSPHERA

Grant in 2021
MYSPHERA SL is a company based in Paterna, Spain, that specializes in developing location and process visibility solutions for the healthcare sector using Internet of Things (IoT) technology and real-time location systems (RTLS). Established in 2012, MYSPHERA offers a range of IoT devices and applications designed to enhance patient care and operational efficiency in acute care hospitals, senior living facilities, and patient homes. Its solutions include tracking systems for residents and nursing services, as well as alerts for patients. The company also provides various web applications, such as MYHOSPITAL, MYNURSING, and MYLOCS, which assist healthcare professionals and administrators in managing services effectively. By delivering actionable insights through smart sensors, MYSPHERA aims to improve patient outcomes and optimize resource management across healthcare organizations in Europe, the Middle East, and Latin America.

Pydro

Grant in 2021
Founded in 2016, Pydro develops modular water turbines for integrated smart pressure management and energy recovery in water pipe networks. The company offers compact, self-powered solutions that convert energy surpluses into usable power, enabling efficient water flow monitoring while reducing operational costs and environmental impact.

MYSPHERA

Venture Round in 2021
MYSPHERA SL is a company based in Paterna, Spain, that specializes in developing location and process visibility solutions for the healthcare sector using Internet of Things (IoT) technology and real-time location systems (RTLS). Established in 2012, MYSPHERA offers a range of IoT devices and applications designed to enhance patient care and operational efficiency in acute care hospitals, senior living facilities, and patient homes. Its solutions include tracking systems for residents and nursing services, as well as alerts for patients. The company also provides various web applications, such as MYHOSPITAL, MYNURSING, and MYLOCS, which assist healthcare professionals and administrators in managing services effectively. By delivering actionable insights through smart sensors, MYSPHERA aims to improve patient outcomes and optimize resource management across healthcare organizations in Europe, the Middle East, and Latin America.

BrainCapture

Grant in 2021
BrainCapture manufactures affordable mobile EEG equipment, focusing on epilepsy detection. It provides a Bluetooth-enabled electrode cap that transmits brain data to the cloud, facilitating remote diagnosis by neurologists, particularly in low- and middle-income countries.

iFLUX

Grant in 2021
iFLUX is a technology company focused on sustainable groundwater management and soil remediation. Founded in 2017, it addresses the critical issue of water scarcity by enhancing the visibility of groundwater dynamics. The company has developed patented groundwater sampling technology, known as iFLUX Samplers, which allows for efficient tracking of groundwater contamination over time. These samplers facilitate faster and more cost-effective remediation projects by providing essential data on groundwater and contaminant movement. iFLUX’s Sensing Solutions integrate advanced commercial sensors with unique vertical and horizontal flux sensors to create comprehensive real-time monitoring networks. These networks offer actionable insights through a personalized dashboard that combines public and company-specific data, enabling clients to analyze trends and respond promptly to groundwater-related activities. iFLUX serves various sectors, including urban management, conservation, construction, and drinking water utilities, providing them with critical information to mitigate risks associated with soil contamination and ensure reliable water supplies.

HumanITcare

Seed Round in 2021
HumanITcare offers an AI-powered remote care solution that enhances healthcare accessibility globally. It caters to diverse health conditions like cardiology, respiratory, oncology, behavioral health, diabetes, among others. The platform provides real-time personalized insights through AI reports and is compliant with HIPAA and GDPR standards.

NanoVation

Venture Round in 2021
NanoVation specializes in developing monitoring solutions for patients with chronic respiratory diseases, such as chronic obstructive pulmonary disease and asthma. The company has created a nanosensor-based wearable device that enables the early detection of subtle changes in a patient's respiratory condition. By identifying these changes before they reach critical stages, NanoVation aims to improve patient outcomes through timely interventions and reduce the risk of exacerbations and unnecessary hospitalizations. Founded by Gregory Shuster, NanoVation focuses on empowering healthcare professionals with the tools needed to monitor patients at home effectively, facilitating proactive measures in respiratory care.

HumanITcare

Grant in 2021
HumanITcare offers an AI-powered remote care solution that enhances healthcare accessibility globally. It caters to diverse health conditions like cardiology, respiratory, oncology, behavioral health, diabetes, among others. The platform provides real-time personalized insights through AI reports and is compliant with HIPAA and GDPR standards.

Oledcomm

Grant in 2021
Oledcomm designs and develops LiFi solutions that enable high-speed optical wireless data communication for aerospace and industrial markets. Its product portfolio includes LiFi transceivers, software, and LiFi network interface devices that convert information into binary data for fast, secure wireless transmission in telecom, datacom, consumer electronics, and industrial applications, especially where radio waves are undesirable. Founded in 2012 and based in Paris, France, the company was re-founded in 2020 by Benjamin Azoulay.

Oledcomm

Venture Round in 2021
Oledcomm designs and develops LiFi solutions that enable high-speed optical wireless data communication for aerospace and industrial markets. Its product portfolio includes LiFi transceivers, software, and LiFi network interface devices that convert information into binary data for fast, secure wireless transmission in telecom, datacom, consumer electronics, and industrial applications, especially where radio waves are undesirable. Founded in 2012 and based in Paris, France, the company was re-founded in 2020 by Benjamin Azoulay.

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.

NanoScent

Series A in 2020
NanoScent is an Israeli sensor technology startup founded in 2017 that develops nanotechnology-based sensors for real-time detection of hydrogen impurities, gases, and volatile organic compounds. The company focuses on climate tech sensing and offers systems for monitoring hydrogen quality across the supply chain—from production to storage and refueling stations. Its flagship product, VOCID H2Confirm, provides in-line monitoring of hydrogen purity and VOCs with real-time alerts. NanoScent's technology supports applications in safety, quality control, and environmental monitoring. The company is headquartered in Misgav, Israel.

Mode Sensors

Grant in 2020
Mode Sensors AS is a digital healthcare company based in Trondheim, Norway, specializing in hydration monitoring technology. Founded in 2016, the company has developed innovative wearable solutions, notably its flagship product, Re:Balans®, which allows for real-time, non-invasive tracking of fluid balance. This technology is designed to assist healthcare providers in assessing patients' hydration status, enabling early intervention and improved health outcomes. Mode Sensors' solutions are applicable across various sectors, including healthcare, defense, and workforce safety, and they integrate with existing remote patient monitoring systems. By focusing on user-friendly design and continuous innovation, Mode Sensors aims to optimize hydration management and enhance overall well-being and performance in diverse environments.

Mode Sensors

Venture Round in 2020
Mode Sensors AS is a digital healthcare company based in Trondheim, Norway, specializing in hydration monitoring technology. Founded in 2016, the company has developed innovative wearable solutions, notably its flagship product, Re:Balans®, which allows for real-time, non-invasive tracking of fluid balance. This technology is designed to assist healthcare providers in assessing patients' hydration status, enabling early intervention and improved health outcomes. Mode Sensors' solutions are applicable across various sectors, including healthcare, defense, and workforce safety, and they integrate with existing remote patient monitoring systems. By focusing on user-friendly design and continuous innovation, Mode Sensors aims to optimize hydration management and enhance overall well-being and performance in diverse environments.

E-peas

Venture Round in 2020
E-peas SA is a Belgian company established in 2014, specializing in the design and manufacturing of electronic systems that provide energy autonomy for Internet of Things (IoT) applications. The company develops innovative energy harvesting solutions that enable devices to draw energy from various ambient sources, including solar, thermal, vibration, and radiofrequency. E-peas produces energy harvesting power management integrated circuits (PMICs) and microcontrollers that enhance the performance and longevity of IoT devices by either extending battery life or eliminating the need for batteries altogether. Their technology caters to a wide range of sectors, including home automation, healthcare, retail, and agriculture, thereby facilitating the creation of smarter and more energy-efficient connected devices. Headquartered in Mont-Saint-Guibert, Belgium, E-peas aims to transform the landscape of portable energy solutions.

Onera Health

Grant in 2020
Onera Health, Inc. specializes in sleep diagnostic solutions and services aimed at identifying sleep disorders such as insomnia, sleep apnea, and narcolepsy. Founded in 2017 and headquartered in Palo Alto, California, with a research and development office in Eindhoven, the Netherlands, the company utilizes advanced sleep diagnostic patch systems that collect and analyze sleep data. These innovative solutions are designed to enhance patient care by providing comprehensive sleep test data to healthcare professionals across various settings, thereby improving the management of sleep-related ailments and potentially benefiting other medical fields through remote monitoring of chronic conditions. Onera Health's mission is to improve the health and quality of life for individuals struggling with sleep issues while also contributing to cost reductions in healthcare.

Altaroad

Grant in 2020
Altaroad specializes in smart road infrastructure management. It uses patented nano-sensors embedded in roads and advanced algorithms to provide real-time data analysis. This enables traffic control optimization, predictive maintenance of infrastructure, and quick detection of hazardous situations like icy pavements or unsafe driving.

ONiO

Venture Round in 2020
ONiO is a semiconductor company specializing in batteryless solutions for the Internet of Things (IoT) market. Its wireless microcontrollers harvest energy from surroundings, enabling battery-free operation and promoting accessibility in IoT devices.

Sensoneo

Venture Round in 2020
Sensoneo is a global provider of enterprise‑grade smart waste management solutions that help cities and businesses reduce costs and environmental impact. The company combines in‑house ultrasonic sensors—Single, Double, Quatro, and patent‑pending Micro‑sensors—with advanced software that delivers real‑time monitoring, analytics, route planning, and vehicle load optimization. By enabling data‑driven decisions, Sensoneo’s platform can cut waste‑collection costs by at least 30 % and lower carbon emissions by up to 60 %. Its solutions are deployed in numerous locations across Europe, North America, South America, the Middle East, Australia, and New Zealand, and include incentive programs that encourage waste reduction and streamline the entire waste lifecycle.

Sensoneo

Grant in 2020
Sensoneo is a global provider of enterprise‑grade smart waste management solutions that help cities and businesses reduce costs and environmental impact. The company combines in‑house ultrasonic sensors—Single, Double, Quatro, and patent‑pending Micro‑sensors—with advanced software that delivers real‑time monitoring, analytics, route planning, and vehicle load optimization. By enabling data‑driven decisions, Sensoneo’s platform can cut waste‑collection costs by at least 30 % and lower carbon emissions by up to 60 %. Its solutions are deployed in numerous locations across Europe, North America, South America, the Middle East, Australia, and New Zealand, and include incentive programs that encourage waste reduction and streamline the entire waste lifecycle.

ONiO

Grant in 2020
ONiO is a semiconductor company specializing in batteryless solutions for the Internet of Things (IoT) market. Its wireless microcontrollers harvest energy from surroundings, enabling battery-free operation and promoting accessibility in IoT devices.

Altaroad

Venture Round in 2020
Altaroad specializes in smart road infrastructure management. It uses patented nano-sensors embedded in roads and advanced algorithms to provide real-time data analysis. This enables traffic control optimization, predictive maintenance of infrastructure, and quick detection of hazardous situations like icy pavements or unsafe driving.

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.

Neuro Event Labs

Series A in 2020
Neuro Event Labs Oy, established in 2015 and headquartered in Tampere, Finland, specializes in developing artificial intelligence-based software for epilepsy patient monitoring. Their primary product collects accurate seizure data from patients at home and in hospitals, which is then analyzed and relayed to physicians for informed treatment decisions. This solution was developed in close collaboration with leading Finnish hospitals.

NanoScent

Grant in 2020
NanoScent is an Israeli sensor technology startup founded in 2017 that develops nanotechnology-based sensors for real-time detection of hydrogen impurities, gases, and volatile organic compounds. The company focuses on climate tech sensing and offers systems for monitoring hydrogen quality across the supply chain—from production to storage and refueling stations. Its flagship product, VOCID H2Confirm, provides in-line monitoring of hydrogen purity and VOCs with real-time alerts. NanoScent's technology supports applications in safety, quality control, and environmental monitoring. The company is headquartered in Misgav, Israel.

Neuro Event Labs

Grant in 2020
Neuro Event Labs Oy, established in 2015 and headquartered in Tampere, Finland, specializes in developing artificial intelligence-based software for epilepsy patient monitoring. Their primary product collects accurate seizure data from patients at home and in hospitals, which is then analyzed and relayed to physicians for informed treatment decisions. This solution was developed in close collaboration with leading Finnish hospitals.

Hiber Global

Grant in 2020
Hiber Global, founded in 2016 and based in Amsterdam, Netherlands, specializes in providing satellite broadband services and affordable IoT connectivity through its Hiberband technology. The company has developed a nano-satellite platform that enables low-cost data transmission for Internet of Things (IoT) devices and sensors worldwide. This platform facilitates easy access to low-power networks, allowing users to gather small data packages from diverse monitoring devices, regardless of their location. Hiber's innovative solutions deliver actionable insights, making it a leader in next-generation IoT core infrastructure.

CINFO

Seed Round in 2020
CINFO provides a cloud-based, turn-key production platform that lets venues with broadband create automated video properties. The system deploys multiple smart cameras and automates playout, enabling live or on-demand broadcasts to mobile devices, web browsers, set-top boxes, smart TVs and VR devices. By leveraging camera assets, the platform supports multi-camera immersive experiences and live data integration, with applications across sports for competition analysis and coaching, as well as corporate and other sectors. Beyond live events, the technology is used to automate recording, real-time production and broadcasting, simplifying television-like productions and enabling the creation of TV events over next-generation networks. Use cases span aeronautics with IoT data from UAVs, multi-country corporate management and press conferences, and HbbTV-enabled broadcasters seeking rich multi-camera experiences.

CINFO

Grant in 2020
CINFO provides a cloud-based, turn-key production platform that lets venues with broadband create automated video properties. The system deploys multiple smart cameras and automates playout, enabling live or on-demand broadcasts to mobile devices, web browsers, set-top boxes, smart TVs and VR devices. By leveraging camera assets, the platform supports multi-camera immersive experiences and live data integration, with applications across sports for competition analysis and coaching, as well as corporate and other sectors. Beyond live events, the technology is used to automate recording, real-time production and broadcasting, simplifying television-like productions and enabling the creation of TV events over next-generation networks. Use cases span aeronautics with IoT data from UAVs, multi-country corporate management and press conferences, and HbbTV-enabled broadcasters seeking rich multi-camera experiences.

AEInnova

Series A in 2020
AEInnova develops autonomous industrial monitoring devices for predictive maintenance. Its flagship device InduEye is battery-free, self-powered, and capable of edge computing for real-time vibration, thermal, and steam-trap monitoring, powered by waste heat with optional solar or wind energy. It uses LoRaWAN or NB-IoT/LTE-CAT M for communications and streams data to cloud dashboards with analytics, alarms, and environmental impact analysis. The system aims to reduce downtime and maintenance costs through non-invasive, self-sustaining monitoring. Certifications include CE and ATEX/IECEX, with FCC ongoing. The technology is deployed across sectors such as oil and gas, aluminium, steel, paper, rubber, water treatment, and energy, with customers including Repsol, Cepsa, ArcelorMittal, Enel, and others. AEInnova has been recognized as a leading EU scale-up with multiple awards and EC funding, and participates in EU R&D initiatives related to energy harvesting and high-temperature IoT.

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.

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.

AEInnova

Grant in 2019
AEInnova develops autonomous industrial monitoring devices for predictive maintenance. Its flagship device InduEye is battery-free, self-powered, and capable of edge computing for real-time vibration, thermal, and steam-trap monitoring, powered by waste heat with optional solar or wind energy. It uses LoRaWAN or NB-IoT/LTE-CAT M for communications and streams data to cloud dashboards with analytics, alarms, and environmental impact analysis. The system aims to reduce downtime and maintenance costs through non-invasive, self-sustaining monitoring. Certifications include CE and ATEX/IECEX, with FCC ongoing. The technology is deployed across sectors such as oil and gas, aluminium, steel, paper, rubber, water treatment, and energy, with customers including Repsol, Cepsa, ArcelorMittal, Enel, and others. AEInnova has been recognized as a leading EU scale-up with multiple awards and EC funding, and participates in EU R&D initiatives related to energy harvesting and high-temperature IoT.

Hiber Global

Venture Round in 2019
Hiber Global, founded in 2016 and based in Amsterdam, Netherlands, specializes in providing satellite broadband services and affordable IoT connectivity through its Hiberband technology. The company has developed a nano-satellite platform that enables low-cost data transmission for Internet of Things (IoT) devices and sensors worldwide. This platform facilitates easy access to low-power networks, allowing users to gather small data packages from diverse monitoring devices, regardless of their location. Hiber's innovative solutions deliver actionable insights, making it a leader in next-generation IoT core infrastructure.

NanoVation

Venture Round in 2019
NanoVation specializes in developing monitoring solutions for patients with chronic respiratory diseases, such as chronic obstructive pulmonary disease and asthma. The company has created a nanosensor-based wearable device that enables the early detection of subtle changes in a patient's respiratory condition. By identifying these changes before they reach critical stages, NanoVation aims to improve patient outcomes through timely interventions and reduce the risk of exacerbations and unnecessary hospitalizations. Founded by Gregory Shuster, NanoVation focuses on empowering healthcare professionals with the tools needed to monitor patients at home effectively, facilitating proactive measures in respiratory care.

NanoVation

Grant in 2019
NanoVation specializes in developing monitoring solutions for patients with chronic respiratory diseases, such as chronic obstructive pulmonary disease and asthma. The company has created a nanosensor-based wearable device that enables the early detection of subtle changes in a patient's respiratory condition. By identifying these changes before they reach critical stages, NanoVation aims to improve patient outcomes through timely interventions and reduce the risk of exacerbations and unnecessary hospitalizations. Founded by Gregory Shuster, NanoVation focuses on empowering healthcare professionals with the tools needed to monitor patients at home effectively, facilitating proactive measures in respiratory care.

Novolyze

Grant in 2019
Novolyze specializes in enhancing food safety and quality for the food and beverage industry. It leverages IoT and cloud computing to unify data, transform it into actionable insights, and facilitate real-time decision-making.

Bluedrop Medical

Grant in 2019
Founded in 2014, Bluedrop Medical develops an IoT-enabled device for early detection of diabetic foot ulcers. Its home-based system scans patients' feet daily, sends data to the cloud for analysis, and alerts healthcare providers to potential abnormalities, reducing amputation risks.

AEInnova

Seed Round in 2019
AEInnova develops autonomous industrial monitoring devices for predictive maintenance. Its flagship device InduEye is battery-free, self-powered, and capable of edge computing for real-time vibration, thermal, and steam-trap monitoring, powered by waste heat with optional solar or wind energy. It uses LoRaWAN or NB-IoT/LTE-CAT M for communications and streams data to cloud dashboards with analytics, alarms, and environmental impact analysis. The system aims to reduce downtime and maintenance costs through non-invasive, self-sustaining monitoring. Certifications include CE and ATEX/IECEX, with FCC ongoing. The technology is deployed across sectors such as oil and gas, aluminium, steel, paper, rubber, water treatment, and energy, with customers including Repsol, Cepsa, ArcelorMittal, Enel, and others. AEInnova has been recognized as a leading EU scale-up with multiple awards and EC funding, and participates in EU R&D initiatives related to energy harvesting and high-temperature IoT.

Cubbit

Grant in 2019
Cubbit is a geo-distributed cloud enabler that repurposes underutilized edge resources into B2B cloud services. Its DS3 software runs anywhere—on existing hardware, in the cloud, or at the edge—creating a seamless single data domain and a hyper-resilient cloud object storage under the user’s sovereignty. The platform requires no upfront investment and can help organizations reduce storage costs and minimize cloud carbon footprint, giving enterprises and service providers greater control over data, infrastructure, and costs across on-premises, multi-cloud, and edge deployments.

Wi Charge

Wi-Charge is a developer of safe and reliable wireless power solutions that can transmit energy over distances of 10 meters (30 feet) or more. Founded in 2010, the company's technology aims to eliminate the need for charging cables and batteries by providing seamless, continuous power to devices. This innovation addresses the growing inconvenience of frequent recharging or battery replacement in the digital era. Wi-Charge's solutions offer cost savings, hassle-free charging, and environmentally friendly energy use, enhancing ESG ratings. The technology is currently applied in smart retail and building environments, powering products like advertising displays and smart door locks. Future applications include wirelessly charging consumer devices such as laptops, tablets, cellphones, gaming controllers, handheld scanners, light EVs, and more. Wi-Charge's deep-tech solutions are based on breakthroughs in photonics and semiconductors, revolutionizing power transmission similar to how Wi-Fi transformed communications.
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