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 Navigation and Mapping

AISPECO

Grant in 2024
AISPECO is a Lithuanian company specializing in geospatial monitoring systems for helicopters, planes, UAVs, and terrestrial vehicles.

EyeLights

Series A in 2023
EyeLights is a developer of innovative motorcycle accessories focused on enhancing rider safety and experience through advanced technology. The company offers a head-up display GPS that projects crucial navigational and safety information directly into the rider's field of vision, allowing them to maintain focus on the road. This universal accessory alerts motorcyclists to potential hazards, such as sharp bends, traffic signals, and speed limits. Designed for easy installation in under five minutes, EyeLights is compatible with various helmet types, including full-face, convertible, and jet helmets. Its compact optical technology enables visibility of GPS data from over two meters away and features audio functionality for extended use of more than eight hours. The device is built to withstand adverse weather conditions, including rain and fog, while remaining lightweight at less than 100 grams. Overall, EyeLights aims to significantly enhance the safety and enjoyment of motorcycle riding.

vorteX-io

Grant in 2023
vorteX-io develops a flood warning and forecasting system that monitors watercourses to reduce flood risk. The system uses compact space‑based altimeters to measure sea surface height with centimeter accuracy, delivering continuous real‑time data on hydrological parameters. This technology enables clients to receive precise, up‑to‑date information for flood prediction and management.

Infinite Orbits

Pre Seed Round in 2022
Infinite Orbits specializes in satellite servicing, offering maintenance, orbit correction, and de-orbiting services for geostationary telecommunication satellites. Its platform extends operational lifetimes using software technologies and autonomous navigation capabilities.

Augmedit

Grant in 2022
At Augmedit, we're at the forefront of medical technology, where the power of augmented reality (AR) and extended Reality (XR) converge to transform the way surgeons and healthcare professionals operate and educate. Picture a world where surgeons effortlessly craft patient holograms with a few clicks, opening new avenues of patient engagement and communication. Our groundbreaking XR solutions bridge the gap between medical professionals and patients, offering a new dimension in healthcare communication. Envision patients and surgeons exploring and discussing their medical conditions and treatment options in an entirely immersive way. Or imagine pre-surgical planning collaborations between peers and colleagues... But that is just the beginning. At Augmedit, we believe in pushing the boundaries of what's possible by redefining neurosurgery with XR solutions designed to conquer neuro-navigation challenges within the operating room. Our commitment to medical innovation knows no bounds.

Infinite Orbits

Grant in 2022
Infinite Orbits specializes in satellite servicing, offering maintenance, orbit correction, and de-orbiting services for geostationary telecommunication satellites. Its platform extends operational lifetimes using software technologies and autonomous navigation capabilities.

EyeLights

Series A in 2022
EyeLights is a developer of innovative motorcycle accessories focused on enhancing rider safety and experience through advanced technology. The company offers a head-up display GPS that projects crucial navigational and safety information directly into the rider's field of vision, allowing them to maintain focus on the road. This universal accessory alerts motorcyclists to potential hazards, such as sharp bends, traffic signals, and speed limits. Designed for easy installation in under five minutes, EyeLights is compatible with various helmet types, including full-face, convertible, and jet helmets. Its compact optical technology enables visibility of GPS data from over two meters away and features audio functionality for extended use of more than eight hours. The device is built to withstand adverse weather conditions, including rain and fog, while remaining lightweight at less than 100 grams. Overall, EyeLights aims to significantly enhance the safety and enjoyment of motorcycle riding.

EyeLights

Grant in 2022
EyeLights is a developer of innovative motorcycle accessories focused on enhancing rider safety and experience through advanced technology. The company offers a head-up display GPS that projects crucial navigational and safety information directly into the rider's field of vision, allowing them to maintain focus on the road. This universal accessory alerts motorcyclists to potential hazards, such as sharp bends, traffic signals, and speed limits. Designed for easy installation in under five minutes, EyeLights is compatible with various helmet types, including full-face, convertible, and jet helmets. Its compact optical technology enables visibility of GPS data from over two meters away and features audio functionality for extended use of more than eight hours. The device is built to withstand adverse weather conditions, including rain and fog, while remaining lightweight at less than 100 grams. Overall, EyeLights aims to significantly enhance the safety and enjoyment of motorcycle riding.

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.

Smartlane

Grant in 2022
Smartlane GmbH, founded in 2015 and based in Munich, Germany, specializes in developing innovative software solutions for transportation logistics. The company's flagship product, SmartlaneDISPATCH!, is a mobile application that facilitates order and tour management, enabling users to monitor deliveries, optimize routes, and communicate with customers via notifications. Additionally, Smartlane offers Smartlane Transport Intelligence, a cloud-based, AI-driven platform that automates and optimizes transport planning. This technology enhances operational efficiency by dispatching orders quickly while taking into account various factors such as delivery time windows and real-time traffic data. Smartlane's solutions are particularly beneficial for delivery services, field service providers, and businesses with vehicle fleets, significantly reducing operational costs and environmental impact. As a leader in the sector, Smartlane is dedicated to digitizing and improving transportation processes for its clients.

CARTO

Series C in 2021
Carto is a location intelligence platform that turns spatial data into actionable insights for logistics, marketing, and site optimization. The cloud-based mapping, analysis, and visualization engine enables data scientists, developers, and analysts to treat location as an active analytical dimension, solving spatial problems, optimizing business processes, and predicting outcomes. Founded in 2012 and headquartered in New York City, Carto operates with offices in Madrid, Seville, and Washington, DC, and serves thousands of customers worldwide, including Mastercard, Vodafone, Bain & Company, and Coca-Cola, with hundreds of thousands of users. The company is backed by leading venture investors Accel Partners, Salesforce Ventures, Earlybird Ventures, and Kibo Ventures, underscoring its position in location intelligence.

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.

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.

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.

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.

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.

Avy

Venture Round in 2020
Avy is a Dutch tech company specializing in developing, manufacturing, and operating vertical takeoff and landing (VTOL) winged drones for emergency services and healthcare logistics. Its unique drone networks operate autonomously, providing rapid access to remote locations.

CARTO

Grant in 2020
Carto is a location intelligence platform that turns spatial data into actionable insights for logistics, marketing, and site optimization. The cloud-based mapping, analysis, and visualization engine enables data scientists, developers, and analysts to treat location as an active analytical dimension, solving spatial problems, optimizing business processes, and predicting outcomes. Founded in 2012 and headquartered in New York City, Carto operates with offices in Madrid, Seville, and Washington, DC, and serves thousands of customers worldwide, including Mastercard, Vodafone, Bain & Company, and Coca-Cola, with hundreds of thousands of users. The company is backed by leading venture investors Accel Partners, Salesforce Ventures, Earlybird Ventures, and Kibo Ventures, underscoring its position in location intelligence.

Avy

Grant in 2020
Avy is a Dutch tech company specializing in developing, manufacturing, and operating vertical takeoff and landing (VTOL) winged drones for emergency services and healthcare logistics. Its unique drone networks operate autonomously, providing rapid access to remote locations.

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.

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.

Geomatrix

Grant in 2017
Geomatrix is a geographic and navigation research company that provides geo-informatics and mapping solutions.
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