The European Innovation Council (EIC), established in 2020 and headquartered in Brussels, Belgium, is dedicated to supporting high-potential innovators, entrepreneurs, small enterprises, and researchers. Its primary focus is on fostering early-stage startups that demonstrate significant environmental, social, and governance (ESG) impacts. The EIC collaborates with private investors to co-invest in ventures, particularly within the deep technology sector, aiming to drive innovation and sustainable development across Europe. By providing financial backing and resources, the EIC seeks to enhance the growth potential of promising startups and contribute to a more innovative and competitive European economy.
PrecisionLife is a company focused on advancing precision medicine by leveraging its proprietary artificial intelligence platform to enhance the understanding of chronic diseases. It specializes in patient stratification, which allows for the identification of novel subgroups within patient populations, thereby generating insights that inform the discovery of new drug targets and drug repositioning candidates. By utilizing unique and patentable biomarkers, PrecisionLife connects patients with specific disease sub-groups and potential therapies, ultimately aiming to create personalized treatment alternatives. The company’s innovative approach not only drives advancements in biopharmaceuticals but also seeks to improve patient outcomes, enabling individuals to lead longer and healthier lives.
ACORAI
Venture Round in 2024
Acorai is developing a non-invasive heart failure monitoring platform centered on direct intracardiac pressure monitoring (ICPM). The company utilizes a patented combination of sensor technologies and machine learning to provide accurate and cost-efficient heart failure care. This innovative approach allows for non-invasive monitoring of cardiac and pulmonary pressure, which is crucial for improving outcomes in heart failure patients. By analyzing pressure dynamics through acoustic, vibratory, and waveform data, the device enables healthcare professionals to proactively adjust medications, potentially reducing re-hospitalization and mortality rates associated with heart failure. Clinically validated and designated as an FDA Breakthrough Device, Acorai's product is expected to enter the market in 2025.
Turing College
Grant in 2024
Turing College operates as an online educational institution specializing in data science. It offers courses suitable for individuals of varying skill levels and employs an income share agreement model, allowing students to defer payment until they secure employment. The college collaborates with tech companies to co-create its curriculum, providing these partners with real-time student performance updates to facilitate expedited hiring decisions.
BoydSense
Venture Round in 2024
BOYDSense is a company based in South San Francisco, California, that specializes in developing non-invasive tools for measuring critical biomarkers through exhaled breath. Founded in 2015, the company focuses on breath-based metabolomics, which involves capturing, identifying, and quantifying volatile organic compound (VOC) biomarker patterns in human breath. This innovative approach aims to simplify the monitoring, screening, and risk stratification of chronic conditions, enabling medical professionals to diagnose and manage diseases more effectively.
Wavess
Grant in 2024
Wavess is an innovative predictive marketing analytics platform that utilizes advanced AI technologies to help businesses forecast the success of their marketing campaigns prior to launch. The platform combines AI algorithms with behavioral science to offer personalized recommendations, ultimately enhancing engagement and conversion rates. Targeting digital marketing agencies, scale-ups, and enterprises in sectors such as fintech, retail, and technology, Wavess provides critical insights into audience preferences and effective customer segmentation. Its distinctive features, including pre-launch prediction and ideal customer profiling, are designed to optimize campaign outcomes and facilitate tailored marketing strategies. In addition, the platform analyzes audience demographics and campaign seasonality to create customized posting schedules and identify valuable leads within a company's network, further improving overall campaign performance.
ACORAI
Grant in 2023
Acorai is developing a non-invasive heart failure monitoring platform centered on direct intracardiac pressure monitoring (ICPM). The company utilizes a patented combination of sensor technologies and machine learning to provide accurate and cost-efficient heart failure care. This innovative approach allows for non-invasive monitoring of cardiac and pulmonary pressure, which is crucial for improving outcomes in heart failure patients. By analyzing pressure dynamics through acoustic, vibratory, and waveform data, the device enables healthcare professionals to proactively adjust medications, potentially reducing re-hospitalization and mortality rates associated with heart failure. Clinically validated and designated as an FDA Breakthrough Device, Acorai's product is expected to enter the market in 2025.
Lili.ai
Convertible Note in 2023
Lili.ai is a virtual assistant leveraging artificial intelligence to enhance project management. The platform automates reporting for project monitoring meetings and predicts potential obstacles, allowing users to address issues proactively. This functionality enables more effective project management by streamlining communication and facilitating timely interventions. By focusing on real-time updates and anticipatory analytics, Lili.ai helps users maintain control over their projects, improving overall efficiency and outcomes.
Innitius
Convertible Note in 2023
Innitius specializes in developing diagnostic devices aimed at enhancing women's health, particularly in the context of preterm birth. Utilizing innovative torsional ultrasound technology, the company has created a patented intravaginal probe that transmits torsional waves to assess changes in tissue consistency. This technology enables medical practitioners to evaluate the risk of preterm birth and the likelihood of successful labor induction. By providing actionable diagnostics, Innitius helps healthcare providers accurately identify false indications of premature labor, thereby improving patient care and outcomes in obstetrics.
3DSecret
Grant in 2023
3DSecret is developing cutting-edge technologies to uncover the stochastic patterns behind metastasis in order to predict the course of cancer.
Bluedrop Medical
Venture Round in 2023
Bluedrop Medical, established in 2014 and headquartered in Galway, Ireland, specializes in the development, manufacturing, and commercialization of an IoT-enabled device for early detection of diabetic foot ulcers. Their home-based system scans patients' feet daily, transmitting data to the cloud for analysis via advanced algorithms, which can identify skin abnormalities. This innovative solution aims to reduce the risk of amputation and improve the lives of diabetic patients, with a significant potential market given that up to 25% of diabetics may develop foot ulcers.
nyris
Venture Round in 2023
nyris GmbH is a Berlin-based company that specializes in a visual product search platform, catering to various industries such as retail, e-commerce, industrial, manufacturing, media, entertainment, and financial services. Established in 2015, nyris focuses on providing a more intuitive search experience by allowing users to find products and objects in images and videos through advanced technologies like artificial intelligence and neural networks. This platform is designed to enhance efficiency by delivering search results in under one second, thereby reducing the friction often associated with traditional text-based searches. With a presence in over 50 countries, nyris serves a diverse clientele, enabling them to improve discovery and operational processes. The company is backed by notable investors, including eCapital, IKEA, and Axel Springer.
inbiome
Grant in 2023
Inbiome is a biotechnology company specializing in molecular diagnostics. It has developed proprietary molecular culture technology that accelerates bacterial testing and microbiome analysis. The company aims to advance clinical microbiology by focusing on microbial detection and product development, enabling more accurate and timely diagnoses, and ultimately improving patient outcomes.
Transmetrics
Convertible Note in 2023
Transmetrics is an advanced AI platform tailored for the supply chain sector that enhances transport planning through predictive analytics and machine learning. By integrating human expertise with artificial intelligence, Transmetrics provides significant operational benefits while minimizing the environmental impact of logistics. The platform specializes in data cleansing, demand forecasting, and network optimization, delivering highly accurate analyses and predictions of transport flows. With a strong foundation in both technical fields and logistics, Transmetrics has developed solutions that have enabled top-tier logistics companies globally to reduce transport costs by up to 25%, improve fleet utilization by up to 14%, and maintain high service standards. The company’s innovative approach has garnered support from the European Union's Horizon 2020 research and innovation program, facilitating its mission to enhance operational efficiency for cargo transport and logistics service providers.
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.
Filuta AI
Pre Seed Round in 2023
Filuta AI is a B2B SaaS platform focused on intelligent automation, allowing businesses to develop Composite AI solutions through advanced techniques like self-supervised learning and automatic symbolic domain synthesis. The platform streamlines the management of intelligent automation services throughout their entire lifecycle, offering features such as observability, scalability, A/B testing, and continuous deployment. Additionally, Filuta AI's technology simplifies the breakdown of automated problems into hierarchical models, capturing discrete models by synthesizing first-order logic from historical data. This innovative approach enables clients to automatically design compositions of continuous models tailored to industrial applications, enhancing operational efficiency and decision-making processes.
Kvantify
Grant in 2023
Kvantify, founded in 2022 and headquartered in Copenhagen, Denmark, specializes in quantum computing management software aimed at addressing complex computational challenges across various sectors, including life sciences, financial services, and logistics. The company's platform focuses on enhancing drug discovery processes by employing proprietary physics-based methods to improve the quality of compounds tested in laboratories. By providing advanced computational drug technology, Kvantify enables life sciences companies to accelerate small molecule research and obtain actionable results that significantly impact their operations.
Sonio
Seed Round in 2022
Sonio is an AI-based support platform for fetal ultrasound, helping practitioners analyze and diagnose congenital malformations. Sonio combines the patient’s medical history, genetic and biological data, and ultrasound semiology to assist physicians on the path to the right diagnosis. It assists sonographers during prenatal screening scans, helping them ensure that they have not forgotten anything, take risk factors into account, and facilitate the sharing of images with patients and other health professionals.
Sonio
Grant in 2022
Sonio is an AI-based support platform for fetal ultrasound, helping practitioners analyze and diagnose congenital malformations. Sonio combines the patient’s medical history, genetic and biological data, and ultrasound semiology to assist physicians on the path to the right diagnosis. It assists sonographers during prenatal screening scans, helping them ensure that they have not forgotten anything, take risk factors into account, and facilitate the sharing of images with patients and other health professionals.
DeepOpinion
Grant in 2022
DeepOpinion is a cognitive automation platform designed for businesses to streamline operations and enhance productivity by automating repetitive processes involving unstructured data. The platform features a no-code interface that allows users to quickly create automation workflows, supporting various industries in their efforts to improve efficiency. Utilizing a proprietary auto-machine learning engine, DeepOpinion enables developers and data scientists to employ advanced deep learning technology for natural language processing (NLP) models. Its intelligent process capabilities facilitate the decoding of human opinions into actionable insights, making it easier for clients to automate text-based tasks through a user-friendly drag-and-drop workflow builder.
Innitius
Venture Round in 2022
Innitius specializes in developing diagnostic devices aimed at enhancing women's health, particularly in the context of preterm birth. Utilizing innovative torsional ultrasound technology, the company has created a patented intravaginal probe that transmits torsional waves to assess changes in tissue consistency. This technology enables medical practitioners to evaluate the risk of preterm birth and the likelihood of successful labor induction. By providing actionable diagnostics, Innitius helps healthcare providers accurately identify false indications of premature labor, thereby improving patient care and outcomes in obstetrics.
Idoven
Grant in 2022
Idoven is a pioneering company that has created an innovative cardiology-as-a-service platform utilizing artificial intelligence to enhance the ability of both cardiologists and non-specialist clinicians to identify, triage, and diagnose heart conditions on a large scale. The platform analyzes long-duration electrocardiograms to detect alterations in cardiac electrical activity and arrhythmias, allowing for early diagnosis and prevention of serious cardiac diseases, including myocardial infarction and sudden death. Idoven collaborates with notable partners such as AstraZeneca, Abbott, and Google, and has received investments from prominent firms like Insight Partners and Northzone. The company has been recognized with several prestigious awards for its technology, including accolades from the European Innovation Council and the Healthy Longevity Catalyst Award from the US National Academy of Medicine. Additionally, Idoven has been named one of the top 50 companies in Digital Health by CB Insights for 2023.
Abzu
Grant in 2022
Abzu is a scientific artificial intelligence company founded in January 2018, with offices in Copenhagen, Denmark, and Barcelona, Spain. The company develops the QLattice, an innovative AI platform that aims to challenge conventional black box AI by providing transparent and explainable models. Abzu's technology is designed to assist pharmaceutical and biotech companies in accelerating drug development processes. By unlocking new disease mechanisms, discovering novel biomarkers, and validating multiple targets simultaneously, Abzu enables these companies to reduce research and development costs and enhance their discovery capabilities. Through its pioneering approach, Abzu inspires data scientists to adopt a more scientific methodology in their work.
Stream Analyze
Grant in 2022
Stream Analyze develops an innovative analytic engine designed to enhance efficiency and performance in data processing. The company focuses on real-time analytics and event processing, allowing users to quickly identify anomalies in data flows and manage extensive data operations. Its edge artificial intelligence platform simplifies the development, deployment, and management of machine learning models, making it accessible even on low-computing devices like microcontroller units. By processing various data types directly at the source, Stream Analyze enables faster responses to data queries while minimizing bandwidth usage and costs. This approach empowers customers to achieve timely insights and improve decision-making processes.
Neuron Soundware
Venture Round in 2022
Neuron Soundware develops advanced technology for machine diagnostics, leveraging artificial intelligence and machine learning algorithms to analyze acoustic signatures and other physical parameters of industrial equipment. This innovative approach facilitates early detection of potential failures, enhancing the operational efficiency of machines across various applications, including power generation, CNC machining, 3D printing, and robotics. By optimizing the performance of both individual machines and entire manufacturing lines, Neuron Soundware helps reduce operating costs, improve maintenance practices, and minimize the environmental impact of industrial production. Their comprehensive solution features IoT hardware for edge computing, web-based software for data analysis, and seamless integration capabilities, allowing for 24/7 remote data access and rapid processing of large datasets. This positions Neuron Soundware as a key player in developing sustainable technologies and processes within the manufacturing sector.
Neuron Soundware
Grant in 2022
Neuron Soundware develops advanced technology for machine diagnostics, leveraging artificial intelligence and machine learning algorithms to analyze acoustic signatures and other physical parameters of industrial equipment. This innovative approach facilitates early detection of potential failures, enhancing the operational efficiency of machines across various applications, including power generation, CNC machining, 3D printing, and robotics. By optimizing the performance of both individual machines and entire manufacturing lines, Neuron Soundware helps reduce operating costs, improve maintenance practices, and minimize the environmental impact of industrial production. Their comprehensive solution features IoT hardware for edge computing, web-based software for data analysis, and seamless integration capabilities, allowing for 24/7 remote data access and rapid processing of large datasets. This positions Neuron Soundware as a key player in developing sustainable technologies and processes within the manufacturing sector.
SAALG Geomechanics
Grant in 2022
SAALG Geomechanics SL, founded in 2016 and based in Barcelona, Spain, specializes in developing software for real-time analysis of ground conditions during civil engineering projects. The company provides advanced geological and numerical services, including numerical model calibrations and characterization of soil and rock parameters through back-analysis and inverse analysis. Its offerings include 2D and 3D geomechanical and geotechnical simulations, primarily focused on applications such as tunnel excavations, large and deep excavations, reinforced earth retaining walls, and wellbore stability analysis. By leveraging machine learning and real-time data analysis technology, SAALG Geomechanics enables construction companies to anticipate potential risks associated with ground movement, thereby optimizing project management, minimizing risks, and enhancing efficiency.
WineGrid
Venture Round in 2022
WineGrid offers a remote and real-time winemaking monitoring solution through an artificial intelligence engine that automatically detects fermentation processes.They offer solutions in fermentation, second fermentation, pressing, maturation, storage, and environment.
SAALG Geomechanics
Venture Round in 2022
SAALG Geomechanics SL, founded in 2016 and based in Barcelona, Spain, specializes in developing software for real-time analysis of ground conditions during civil engineering projects. The company provides advanced geological and numerical services, including numerical model calibrations and characterization of soil and rock parameters through back-analysis and inverse analysis. Its offerings include 2D and 3D geomechanical and geotechnical simulations, primarily focused on applications such as tunnel excavations, large and deep excavations, reinforced earth retaining walls, and wellbore stability analysis. By leveraging machine learning and real-time data analysis technology, SAALG Geomechanics enables construction companies to anticipate potential risks associated with ground movement, thereby optimizing project management, minimizing risks, and enhancing efficiency.
Smartlane
Grant in 2022
Smartlane GmbH, founded in 2015 and based in Munich, Germany, specializes in developing AI-based software solutions for transportation planning and logistics optimization. The company's flagship product, SmartlaneDISPATCH!, is a mobile application that enables users to manage deliveries, monitor tours and drivers, and communicate arrival times to customers through various notification methods. Additionally, Smartlane's Transport Intelligence software leverages artificial intelligence to optimize dispatching and transport processes, allowing businesses to effectively manage thousands of orders in real-time. This technology significantly enhances operational efficiency by reducing costs, minimizing dispatching efforts, and lowering CO2 emissions. Smartlane serves a diverse clientele, including delivery and courier services, field service providers, and businesses with vehicle fleets, positioning itself as a leader in the digitization and automation of logistics operations.
BoydSense
Grant in 2022
BOYDSense is a company based in South San Francisco, California, that specializes in developing non-invasive tools for measuring critical biomarkers through exhaled breath. Founded in 2015, the company focuses on breath-based metabolomics, which involves capturing, identifying, and quantifying volatile organic compound (VOC) biomarker patterns in human breath. This innovative approach aims to simplify the monitoring, screening, and risk stratification of chronic conditions, enabling medical professionals to diagnose and manage diseases more effectively.
Bluedrop Medical
Venture Round in 2021
Bluedrop Medical, established in 2014 and headquartered in Galway, Ireland, specializes in the development, manufacturing, and commercialization of an IoT-enabled device for early detection of diabetic foot ulcers. Their home-based system scans patients' feet daily, transmitting data to the cloud for analysis via advanced algorithms, which can identify skin abnormalities. This innovative solution aims to reduce the risk of amputation and improve the lives of diabetic patients, with a significant potential market given that up to 25% of diabetics may develop foot ulcers.
Lili.ai
Venture Round in 2021
Lili.ai is a virtual assistant leveraging artificial intelligence to enhance project management. The platform automates reporting for project monitoring meetings and predicts potential obstacles, allowing users to address issues proactively. This functionality enables more effective project management by streamlining communication and facilitating timely interventions. By focusing on real-time updates and anticipatory analytics, Lili.ai helps users maintain control over their projects, improving overall efficiency and outcomes.
Lili.ai
Grant in 2021
Lili.ai is a virtual assistant leveraging artificial intelligence to enhance project management. The platform automates reporting for project monitoring meetings and predicts potential obstacles, allowing users to address issues proactively. This functionality enables more effective project management by streamlining communication and facilitating timely interventions. By focusing on real-time updates and anticipatory analytics, Lili.ai helps users maintain control over their projects, improving overall efficiency and outcomes.
Orbem
Grant in 2021
Orbem operates a sensor-based artificial intelligence breeding monitoring system designed to transform food production towards sustainability. The company utilizes AI-powered magnetic resonance imaging to automatically analyze and classify biological samples, significantly enhancing food production methods to address the demands of a growing global population. By implementing this technology, Orbem enables its customers to optimize their processing lines for greater cost efficiency, ultimately leading to the creation of high-quality products and the development of new revenue streams.
Idoven
Grant in 2021
Idoven is a pioneering company that has created an innovative cardiology-as-a-service platform utilizing artificial intelligence to enhance the ability of both cardiologists and non-specialist clinicians to identify, triage, and diagnose heart conditions on a large scale. The platform analyzes long-duration electrocardiograms to detect alterations in cardiac electrical activity and arrhythmias, allowing for early diagnosis and prevention of serious cardiac diseases, including myocardial infarction and sudden death. Idoven collaborates with notable partners such as AstraZeneca, Abbott, and Google, and has received investments from prominent firms like Insight Partners and Northzone. The company has been recognized with several prestigious awards for its technology, including accolades from the European Innovation Council and the Healthy Longevity Catalyst Award from the US National Academy of Medicine. Additionally, Idoven has been named one of the top 50 companies in Digital Health by CB Insights for 2023.
nyris
Grant in 2021
nyris GmbH is a Berlin-based company that specializes in a visual product search platform, catering to various industries such as retail, e-commerce, industrial, manufacturing, media, entertainment, and financial services. Established in 2015, nyris focuses on providing a more intuitive search experience by allowing users to find products and objects in images and videos through advanced technologies like artificial intelligence and neural networks. This platform is designed to enhance efficiency by delivering search results in under one second, thereby reducing the friction often associated with traditional text-based searches. With a presence in over 50 countries, nyris serves a diverse clientele, enabling them to improve discovery and operational processes. The company is backed by notable investors, including eCapital, IKEA, and Axel Springer.
Idoven
Seed Round in 2021
Idoven is a pioneering company that has created an innovative cardiology-as-a-service platform utilizing artificial intelligence to enhance the ability of both cardiologists and non-specialist clinicians to identify, triage, and diagnose heart conditions on a large scale. The platform analyzes long-duration electrocardiograms to detect alterations in cardiac electrical activity and arrhythmias, allowing for early diagnosis and prevention of serious cardiac diseases, including myocardial infarction and sudden death. Idoven collaborates with notable partners such as AstraZeneca, Abbott, and Google, and has received investments from prominent firms like Insight Partners and Northzone. The company has been recognized with several prestigious awards for its technology, including accolades from the European Innovation Council and the Healthy Longevity Catalyst Award from the US National Academy of Medicine. Additionally, Idoven has been named one of the top 50 companies in Digital Health by CB Insights for 2023.
Altaroad
Grant in 2020
Altaroad specializes in data analytics for roadway management, utilizing a network of patented nano-sensors embedded in roads. Developed in collaboration with IFSTTAR and the Ecole Polytechnique, Altaroad's technology provides real-time analysis of traffic patterns and vehicle weights, enabling effective traffic management in smart cities. The platform identifies infrastructure maintenance needs and quickly detects potential hazards, such as icy conditions or dangerous driving behaviors. By offering insights that facilitate predictive maintenance, Altaroad helps road operators, city traffic managers, and logistics providers enhance safety and achieve cost efficiencies.
Altaroad
Venture Round in 2020
Altaroad specializes in data analytics for roadway management, utilizing a network of patented nano-sensors embedded in roads. Developed in collaboration with IFSTTAR and the Ecole Polytechnique, Altaroad's technology provides real-time analysis of traffic patterns and vehicle weights, enabling effective traffic management in smart cities. The platform identifies infrastructure maintenance needs and quickly detects potential hazards, such as icy conditions or dangerous driving behaviors. By offering insights that facilitate predictive maintenance, Altaroad helps road operators, city traffic managers, and logistics providers enhance safety and achieve cost efficiencies.
Clarifruit
Seed Round in 2020
Clarifruit is transforming the fresh produce supply chain by offering an automated quality control and data analytics platform that addresses significant waste issues in the industry. With approximately 45% of fresh produce wasted due to inconsistent quality standards and decision-making processes, Clarifruit's solution utilizes artificial intelligence and proprietary computer vision technology to assess the external and internal attributes of produce in real time. This platform enhances productivity by tripling inspection efficiency and provides objective, consistent quality assessments. By enabling growers, wholesalers, and retailers to make informed, data-driven decisions, Clarifruit helps align the quality of fresh produce with customer demand, thereby reducing waste and maximizing profitability within the $2 trillion market.
AEInnova
Series A in 2020
AEInnova, founded in 2014 at the Autonomous University of Barcelona, specializes in innovative Internet of Things (IoT) solutions for predictive maintenance. The company was established by a team of PhDs and engineers with expertise in microelectronics and various engineering disciplines. AEInnova's flagship product, InduEye, is a fully battery-less and autonomous device that monitors vibrations, steam traps, and thermal conditions, harnessing energy from waste heat, with future versions incorporating solar and wind power. The technology stands out due to its patented innovation, which enhances performance and enables real-time edge computing while utilizing advanced wireless communication standards. AEInnova's devices are employed in diverse sectors, including oil and gas, aluminum, steel, paper, and water treatment, and feature a sophisticated IoT cloud-based dashboard for data analytics and predictive maintenance. The company has received 31 international awards for its contributions to sustainability and innovation and has secured significant investment, including funding from the European Commission. AEInnova is actively engaged in multiple EU R&D projects focused on energy harvesting and IoT technologies.
Hafnium Labs
Grant in 2019
Hafnium Labs develops software aimed at providing reliable physical property data for molecules and mixtures, primarily serving the chemicals, energy, and pharmaceutical sectors. The company has created an innovative system that merges advanced predictive methods, including quantum chemistry and artificial intelligence, with experimental data. This approach enables Hafnium Labs to deliver accurate predictions of physical properties while also quantifying the uncertainty associated with each prediction. By offering tools that support decision-making throughout the stages of molecular discovery and process optimization, Hafnium Labs empowers researchers and engineers to tackle significant challenges in chemistry, ultimately contributing to advancements that benefit healthcare, agriculture, and energy technologies.
AEInnova
Grant in 2019
AEInnova, founded in 2014 at the Autonomous University of Barcelona, specializes in innovative Internet of Things (IoT) solutions for predictive maintenance. The company was established by a team of PhDs and engineers with expertise in microelectronics and various engineering disciplines. AEInnova's flagship product, InduEye, is a fully battery-less and autonomous device that monitors vibrations, steam traps, and thermal conditions, harnessing energy from waste heat, with future versions incorporating solar and wind power. The technology stands out due to its patented innovation, which enhances performance and enables real-time edge computing while utilizing advanced wireless communication standards. AEInnova's devices are employed in diverse sectors, including oil and gas, aluminum, steel, paper, and water treatment, and feature a sophisticated IoT cloud-based dashboard for data analytics and predictive maintenance. The company has received 31 international awards for its contributions to sustainability and innovation and has secured significant investment, including funding from the European Commission. AEInnova is actively engaged in multiple EU R&D projects focused on energy harvesting and IoT technologies.
Bluedrop Medical
Grant in 2019
Bluedrop Medical, established in 2014 and headquartered in Galway, Ireland, specializes in the development, manufacturing, and commercialization of an IoT-enabled device for early detection of diabetic foot ulcers. Their home-based system scans patients' feet daily, transmitting data to the cloud for analysis via advanced algorithms, which can identify skin abnormalities. This innovative solution aims to reduce the risk of amputation and improve the lives of diabetic patients, with a significant potential market given that up to 25% of diabetics may develop foot ulcers.
AEInnova
Seed Round in 2019
AEInnova, founded in 2014 at the Autonomous University of Barcelona, specializes in innovative Internet of Things (IoT) solutions for predictive maintenance. The company was established by a team of PhDs and engineers with expertise in microelectronics and various engineering disciplines. AEInnova's flagship product, InduEye, is a fully battery-less and autonomous device that monitors vibrations, steam traps, and thermal conditions, harnessing energy from waste heat, with future versions incorporating solar and wind power. The technology stands out due to its patented innovation, which enhances performance and enables real-time edge computing while utilizing advanced wireless communication standards. AEInnova's devices are employed in diverse sectors, including oil and gas, aluminum, steel, paper, and water treatment, and feature a sophisticated IoT cloud-based dashboard for data analytics and predictive maintenance. The company has received 31 international awards for its contributions to sustainability and innovation and has secured significant investment, including funding from the European Commission. AEInnova is actively engaged in multiple EU R&D projects focused on energy harvesting and IoT technologies.
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