European Innovation Council

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.

David Malo Jean

Director

Past deals in Semiconductor

Sparrow Quantum

Series A in 2025
Sparrow Quantum Aps. is a Danish company specializing in quantum technology, particularly in the development of advanced light-matter interfaces. The firm focuses on creating deterministic single-photon sources, which are essential for various quantum technologies. Sparrow Quantum boasts the highest efficiency for on-chip single-photon sources globally, characterized by exceptional photon purity, indistinguishability, and outcoupling capabilities. This cutting-edge technology is rooted in over twenty years of research at the renowned Niels Bohr Institute in Copenhagen, from which the company holds exclusive licenses for key patents. By leveraging self-assembled quantum dots paired with slow-light photonic-crystal waveguides, Sparrow Quantum enhances light-matter interactions, providing critical advancements for its clients in the field of photonic quantum technology.

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.

QuantWare

Series A in 2025
QuantWare is a leading provider of quantum hardware, specializing in scalable quantum processors designed to enhance computational capabilities. The company has developed the VIO QPU scaling technology, which serves as a platform for various qubit designs, facilitating the development of quantum computers with the potential to exceed one million qubits. QuantWare operates under the Quantum Open Architecture paradigm, supplying fully packaged quantum processing units (QPUs) and offering Foundry and Packaging Services to clients in 20 countries across four continents. Its innovative 3D-dimensional chip architecture enables customers to build connected and scalable quantum systems, aimed at addressing complex challenges in fields such as climate and life sciences.

Alcyon Photonics

Venture Round in 2025
Alcyon Photonics specializes in the design and development of integrated photonic devices, focusing on photonic building blocks that facilitate the creation, manipulation, and detection of light. Their product offerings include photonic intellectual property (IP) building blocks and platforms for the management and commercialization of photonic integrated circuits (PICs). Utilizing subwavelength grating technology, Alcyon Photonics enables advanced light management through innovative designs that integrate smoothly with circuit layout tools and commercial process design kits (PDKs). This compatibility supports customers in enhancing their designs and constructing circuits tailored to various applications, including optical communications, biochemical sensing, and spectrometry, particularly through the use of microsatellites.

Photon IP

Grant in 2025
Photon IP is a deeptech startup located in Eindhoven, the Netherlands, focused on developing advanced technologies for photonics applications. The company specializes in application-specific semiconductors that cater to various sectors, including wearable electronics and data centers. By providing innovative solutions, Photon IP supports clients in industries such as automotive and telecommunications, aiming to enhance the functionality and efficiency of their products.

Innatera

Series A in 2024
Innatera is an innovative developer of ultra-low power neuromorphic processors designed to enhance the efficiency of sensor data processing. Established in 2018 as a spin-off from the Delft University of Technology, the company focuses on creating processors that replicate the brain's mechanisms for sensory perception. Utilizing a novel continuous-time analog-mixed signal processing architecture, Innatera's chips can process sensor data up to 100 times faster while consuming up to 500 times less energy compared to traditional processors. This technology enables businesses to access and analyze sensor data more effectively, positioning Innatera as a leader in the field of energy-efficient computing solutions.

Qblox

Series A in 2024
Qblox is a Dutch scaleup focused on quantum technology, specializing in the development of control hardware for quantum computers. The company offers patented, modular control systems that integrate hardware and software solutions designed to enhance the management of qubits. By creating a distributed processor architecture, Qblox simplifies experimental setups while improving gate fidelities through advanced electronics that reduce noise and drift. This innovation enables scientists to minimize crosstalk, implement low-latency control flows, and optimize measurement efficiency, addressing significant scientific and engineering challenges in the evolution of quantum computing. Qblox aims to support the transition from prototype quantum computers to powerful computational systems, thereby contributing to the broader advancement of quantum technology.

Quandela

Series B in 2023
Quandela is a company specializing in quantum computing, focusing on the development of communication networks and optical computers. It manufactures photonic quantum computers and markets them to industrial clients. The company's flagship product, a single-photon source device, integrates photonics with semiconductor quantum dots, facilitating quantum communication, computation, and sensing. This device allows for the efficient collection of emitted single photons at high rates, helping researchers minimize charge noise decoherence and achieve the emission of identical photons with high fidelity. These advancements are crucial for the progress of sophisticated quantum applications, positioning Quandela as a key player in the field of quantum technology.

UPMEM

Grant in 2023
UPMEM is a fabless semiconductor company focused on enhancing the performance of data-intensive algorithms through its innovative Processing-In-Memory (PIM) solution. This technology addresses the limitations of traditional server architectures, which are hindered by data movement inefficiencies. By deploying a large number of programmable co-processors close to the data, UPMEM's platform accelerates performance for analytics and artificial intelligence applications by more than ten times. This unique approach not only improves computational speed but also reduces energy consumption and hardware footprint in data centers, making it an attractive solution for major application developers and cloud service providers.

UPMEM

Venture Round in 2023
UPMEM is a fabless semiconductor company focused on enhancing the performance of data-intensive algorithms through its innovative Processing-In-Memory (PIM) solution. This technology addresses the limitations of traditional server architectures, which are hindered by data movement inefficiencies. By deploying a large number of programmable co-processors close to the data, UPMEM's platform accelerates performance for analytics and artificial intelligence applications by more than ten times. This unique approach not only improves computational speed but also reduces energy consumption and hardware footprint in data centers, making it an attractive solution for major application developers and cloud service providers.

Lace Lithography

Seed Round in 2023
Lace Lithography is a technology company specializing in the development of advanced lithography solutions for semiconductor manufacturing. Their core innovation lies in a chip patterning technology that replaces traditional light-based methods with atomic-scale precision, enabling the production of smaller, more efficient chips. This breakthrough extends the limits of Moore's Law, allowing industries to continue advancing semiconductor technology in a cost-effective and energy-efficient manner.

Codasip

Venture Round in 2023
Codasip Ltd. is a processor technology company based in Brno, Czech Republic, founded in 2006. The company specializes in providing intellectual property (IP) and electronic design automation (EDA) tools that facilitate the adoption of application-specific instruction set processors (ASIPs). Codasip's offerings include Codix, RISC-V, and custom processors, allowing system-on-chip developers to customize their products for competitive advantage. Through its design automation tools and an open architecture licensing model, Codasip enables clients to leverage the benefits of the RISC-V instruction set architecture. The company's technology is utilized in billions of devices worldwide, with a diverse customer base that includes notable names such as AMD, Mobileye, and Sigma Designs. Codasip has established strategic partnerships with various organizations, enhancing its capabilities and market reach.

Sparrow Quantum

Seed Round in 2023
Sparrow Quantum Aps. is a Danish company specializing in quantum technology, particularly in the development of advanced light-matter interfaces. The firm focuses on creating deterministic single-photon sources, which are essential for various quantum technologies. Sparrow Quantum boasts the highest efficiency for on-chip single-photon sources globally, characterized by exceptional photon purity, indistinguishability, and outcoupling capabilities. This cutting-edge technology is rooted in over twenty years of research at the renowned Niels Bohr Institute in Copenhagen, from which the company holds exclusive licenses for key patents. By leveraging self-assembled quantum dots paired with slow-light photonic-crystal waveguides, Sparrow Quantum enhances light-matter interactions, providing critical advancements for its clients in the field of photonic quantum technology.

Nexdot

Pre Seed Round in 2022
Nexdot specializes in the synthesis, production, and application of advanced semiconductor nanocrystals known as Quantum Dots (QDs), with a focus on nanoplatelets—two-dimensional nanosheet Quantum Dots that exhibit enhanced properties. Founded as a spin-off from a leading academic laboratory in Paris, Nexdot leverages over a decade of research in nanomaterials to create proprietary materials with controlled shape and composition. These innovations are poised to transform various industries, including displays, lighting, energy storage, detectors, and bio-imaging. Additionally, Nexdot is developing quantum pearl encapsulation technology to enhance the integration of quantum plates into existing production processes, thereby ensuring compliance with environmental regulations. The company is comprised of a dynamic team of skilled scientists and seasoned executives, dedicated to advancing innovation in the field of nanotechnology.

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.

Cailabs

Series C in 2022
Cailabs is a French deep tech company based in Rennes, specializing in the design and production of photonic solutions that optimize the use of light in various applications. The company focuses on light shaping components, including mode multiplexers and converters for fiber optic networks, utilizing its patented Multi-Plane Light Conversion (MPLC) technology to reshape both single-mode and multi-mode coherent beams. Cailabs offers products tailored for telecommunications research and development, as well as multi-mode fiber link upgrades for enterprise networks. Additionally, the company provides integrated solutions for the industrial laser sector, such as laser beam shapers and combiners for material processing, and mode-selective multiplexers for EDFA arrays. Founded in 2013, Cailabs aims to address critical industrial challenges through its innovative optical components and expertise.

AMSIMCEL

Seed Round in 2022
AMSIMCEL is a deep tech firm based in Bucharest, founded in 2017, that specializes in developing software aimed at enhancing the physical verification process for integrated circuits (ICs). The company focuses on creating technologies that leverage advanced parallel computing and machine simulations to automate circuit verification. By doing so, AMSIMCEL enables clients to expedite their IC design and verification processes, deliver custom intellectual property, and ensure the production of reliable, bug-free silicon. Through its innovative frameworks, AMSIMCEL aims to revolutionize Electronic Design Automation tools and foster advancements within the semiconductor industry.

Nexdot

Grant in 2022
Nexdot specializes in the synthesis, production, and application of advanced semiconductor nanocrystals known as Quantum Dots (QDs), with a focus on nanoplatelets—two-dimensional nanosheet Quantum Dots that exhibit enhanced properties. Founded as a spin-off from a leading academic laboratory in Paris, Nexdot leverages over a decade of research in nanomaterials to create proprietary materials with controlled shape and composition. These innovations are poised to transform various industries, including displays, lighting, energy storage, detectors, and bio-imaging. Additionally, Nexdot is developing quantum pearl encapsulation technology to enhance the integration of quantum plates into existing production processes, thereby ensuring compliance with environmental regulations. The company is comprised of a dynamic team of skilled scientists and seasoned executives, dedicated to advancing innovation in the field of nanotechnology.

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.

Hexagem

Grant in 2022
Hexagem focuses on the development of gallium nitride wafers tailored for radio frequency and power applications. Utilizing advanced nano-wire technology, the company produces substrates that exhibit zero threading dislocations, enhancing voltage tolerance and overall device properties. This innovation results in improved device reliability while maintaining a cost structure comparable to existing gallium nitride materials on the market. Hexagem collaborates with various industrial partners to integrate its substrate technology into high-quality RF devices and seeks to expand its network by partnering with organizations possessing strong expertise in RF device applications.

Quandela

Grant in 2022
Quandela is a company specializing in quantum computing, focusing on the development of communication networks and optical computers. It manufactures photonic quantum computers and markets them to industrial clients. The company's flagship product, a single-photon source device, integrates photonics with semiconductor quantum dots, facilitating quantum communication, computation, and sensing. This device allows for the efficient collection of emitted single photons at high rates, helping researchers minimize charge noise decoherence and achieve the emission of identical photons with high fidelity. These advancements are crucial for the progress of sophisticated quantum applications, positioning Quandela as a key player in the field of quantum technology.

AMSIMCEL

Grant in 2022
AMSIMCEL is a deep tech firm based in Bucharest, founded in 2017, that specializes in developing software aimed at enhancing the physical verification process for integrated circuits (ICs). The company focuses on creating technologies that leverage advanced parallel computing and machine simulations to automate circuit verification. By doing so, AMSIMCEL enables clients to expedite their IC design and verification processes, deliver custom intellectual property, and ensure the production of reliable, bug-free silicon. Through its innovative frameworks, AMSIMCEL aims to revolutionize Electronic Design Automation tools and foster advancements within the semiconductor industry.

Newphotonics

Grant in 2022
NewPhotonics is a developer of advanced photonic technologies, focusing on the design of Photonics Engines and silicon photonics integrated circuits (PICs) to enhance optical communications in data centers. The company's innovative solutions aim to replace traditional complementary metal-oxide-semiconductor (CMOS) technologies with cost-effective and efficient silicon photonics chipsets. This transformation significantly reduces power consumption, improves reliability, and alleviates data rate bottlenecks, particularly for compute and artificial intelligence workloads. By offering all-optics optical communication chips that eliminate the need for digital signal processing and traditional optical front ends, NewPhotonics supports manufacturers in achieving energy savings and reducing material costs. Through its commitment to innovation in the photonics sector, NewPhotonics seeks to advance the capabilities of data transmission within hyper-scale data centers.

Xelera

Grant in 2022
Xelera develops a big data analytics platform that facilitates the integration of advanced accelerator technology, specifically FPGAs and GPUs, into commercial applications within data centers and cloud environments. As businesses face increasing data volumes and the need for real-time analytics, Xelera's platform enables organizations to enhance their data processing capabilities. The technology allows for significant performance improvements in critical applications such as Big Data analytics, machine learning, and database management, while also optimizing energy efficiency and reducing total cost of ownership for data center operations. By providing tools that assess performance gains and cost savings associated with migrating applications to accelerator technologies, Xelera supports businesses in effectively managing large-scale IoT infrastructures and delivering faster, more efficient data analytics.

SiPearl

Series A in 2022
SiPearl is a French semiconductor company established in 2019, headquartered in Maisons-Laffitte, Île-de-France, with research and development centers located in France, Germany, and Spain. The company specializes in the design of high-performance, low-power microprocessors intended for exascale supercomputers, aligning its product development with the European Union’s technological goals. Its first microprocessor range, Rhea, is set for commercialization in early 2024 and is based on the Arm Neoverse V1 architecture. SiPearl is committed to manufacturing Rhea using advanced processes from TSMC, ensuring state-of-the-art performance. The microprocessors are aimed at a variety of applications, including computing, artificial intelligence, medical research, climate change mitigation, and energy management, serving scientific researchers and major players in the IT, electronics, and automotive sectors.

SiPearl

Grant in 2022
SiPearl is a French semiconductor company established in 2019, headquartered in Maisons-Laffitte, Île-de-France, with research and development centers located in France, Germany, and Spain. The company specializes in the design of high-performance, low-power microprocessors intended for exascale supercomputers, aligning its product development with the European Union’s technological goals. Its first microprocessor range, Rhea, is set for commercialization in early 2024 and is based on the Arm Neoverse V1 architecture. SiPearl is committed to manufacturing Rhea using advanced processes from TSMC, ensuring state-of-the-art performance. The microprocessors are aimed at a variety of applications, including computing, artificial intelligence, medical research, climate change mitigation, and energy management, serving scientific researchers and major players in the IT, electronics, and automotive sectors.

QuantWare

Grant in 2022
QuantWare is a leading provider of quantum hardware, specializing in scalable quantum processors designed to enhance computational capabilities. The company has developed the VIO QPU scaling technology, which serves as a platform for various qubit designs, facilitating the development of quantum computers with the potential to exceed one million qubits. QuantWare operates under the Quantum Open Architecture paradigm, supplying fully packaged quantum processing units (QPUs) and offering Foundry and Packaging Services to clients in 20 countries across four continents. Its innovative 3D-dimensional chip architecture enables customers to build connected and scalable quantum systems, aimed at addressing complex challenges in fields such as climate and life sciences.

Sensibel

Series A in 2022
sensiBel AS, founded in 2016 and located in Oslo, Norway, specializes in the development of ultra-high-sensitivity microphones utilizing optical micro-electro-mechanical system (MEMS) technology. The company focuses on creating microphones that offer optical ultra-low noise performance, enhancing voice control technology without sacrificing acoustic overload point and total harmonic distortion. This innovative approach enables superior speech recognition capabilities and high-quality audio capture, making it a valuable contributor to advancements in voice control applications.

Lumiphase

Grant in 2022
Lumiphase focuses on developing innovative optical communication chips tailored for equipment vendors and cloud providers. Their silicon photonics technology enables the creation of optical modules for telecommunications and data communication applications. These chips are characterized by their low cost, compact size, and high efficiency, offering clients a transformative approach to data center architecture. By facilitating a more flexible, efficient, and sustainable utilization of computing resources, Lumiphase aims to enhance the performance and effectiveness of modern networking solutions.

Avantama

Grant in 2022
Avantama is a leading developer of nanomaterials specifically designed for electronic applications. The company specializes in nanoparticle dispersions and formulations that facilitate the production of high-quality optical and electronic coatings through established printing and coating techniques. Avantama's innovative technology enables rapid proof-of-concept development and tailored product solutions, significantly accelerating the time-to-market for clients. With a production capacity at the multi-ton scale, Avantama adheres to high production standards suitable for the electronics industry. The company offers various services, including joint development, contract licensing, and customized nanoparticle compositions, catering to applications such as displays, OLEDs, and quantum dot displays.

Codasip

Grant in 2022
Codasip Ltd. is a processor technology company based in Brno, Czech Republic, founded in 2006. The company specializes in providing intellectual property (IP) and electronic design automation (EDA) tools that facilitate the adoption of application-specific instruction set processors (ASIPs). Codasip's offerings include Codix, RISC-V, and custom processors, allowing system-on-chip developers to customize their products for competitive advantage. Through its design automation tools and an open architecture licensing model, Codasip enables clients to leverage the benefits of the RISC-V instruction set architecture. The company's technology is utilized in billions of devices worldwide, with a diverse customer base that includes notable names such as AMD, Mobileye, and Sigma Designs. Codasip has established strategic partnerships with various organizations, enhancing its capabilities and market reach.

Codasip

Venture Round in 2022
Codasip Ltd. is a processor technology company based in Brno, Czech Republic, founded in 2006. The company specializes in providing intellectual property (IP) and electronic design automation (EDA) tools that facilitate the adoption of application-specific instruction set processors (ASIPs). Codasip's offerings include Codix, RISC-V, and custom processors, allowing system-on-chip developers to customize their products for competitive advantage. Through its design automation tools and an open architecture licensing model, Codasip enables clients to leverage the benefits of the RISC-V instruction set architecture. The company's technology is utilized in billions of devices worldwide, with a diverse customer base that includes notable names such as AMD, Mobileye, and Sigma Designs. Codasip has established strategic partnerships with various organizations, enhancing its capabilities and market reach.

Cailabs

Grant in 2022
Cailabs is a French deep tech company based in Rennes, specializing in the design and production of photonic solutions that optimize the use of light in various applications. The company focuses on light shaping components, including mode multiplexers and converters for fiber optic networks, utilizing its patented Multi-Plane Light Conversion (MPLC) technology to reshape both single-mode and multi-mode coherent beams. Cailabs offers products tailored for telecommunications research and development, as well as multi-mode fiber link upgrades for enterprise networks. Additionally, the company provides integrated solutions for the industrial laser sector, such as laser beam shapers and combiners for material processing, and mode-selective multiplexers for EDFA arrays. Founded in 2013, Cailabs aims to address critical industrial challenges through its innovative optical components and expertise.

Alcyon Photonics

Venture Round in 2022
Alcyon Photonics specializes in the design and development of integrated photonic devices, focusing on photonic building blocks that facilitate the creation, manipulation, and detection of light. Their product offerings include photonic intellectual property (IP) building blocks and platforms for the management and commercialization of photonic integrated circuits (PICs). Utilizing subwavelength grating technology, Alcyon Photonics enables advanced light management through innovative designs that integrate smoothly with circuit layout tools and commercial process design kits (PDKs). This compatibility supports customers in enhancing their designs and constructing circuits tailored to various applications, including optical communications, biochemical sensing, and spectrometry, particularly through the use of microsatellites.

Rise Technology

Grant in 2022
Rise Technology provides photovoltaic equipment, instruments, semiconductor, biomedical, and packaging products. Their customers contact them through email, mobile, and online applications.

Qnami

Grant in 2022
Qnami AG is a Swiss company established in 2017, specializing in the development of quantum sensing technologies for nanoscale imaging. The company manufactures non-invasive sensors, including the ProteusQ magnetic imaging microscope and the Quantum Diamond product line, which features diamond probes with single nitrogen-vacancy (NV) centers for high-resolution magnetic imaging. These advanced technologies enable the measurement of electric and magnetic fields with exceptional sensitivity, facilitating a range of applications such as the characterization of magnetic random-access memory (MRAM), imaging of proteins, and fundamental studies of superconductors. Qnami's innovations unlock new possibilities in both scientific research and industrial applications, aiming to enhance understanding and improve various aspects of life and technology.

Alcyon Photonics

Grant in 2022
Alcyon Photonics specializes in the design and development of integrated photonic devices, focusing on photonic building blocks that facilitate the creation, manipulation, and detection of light. Their product offerings include photonic intellectual property (IP) building blocks and platforms for the management and commercialization of photonic integrated circuits (PICs). Utilizing subwavelength grating technology, Alcyon Photonics enables advanced light management through innovative designs that integrate smoothly with circuit layout tools and commercial process design kits (PDKs). This compatibility supports customers in enhancing their designs and constructing circuits tailored to various applications, including optical communications, biochemical sensing, and spectrometry, particularly through the use of microsatellites.

Equal1

Grant in 2021
Equal1 is a developer of advanced quantum computing technology aimed at making quantum computers more accessible and cost-effective within a three-year timeframe. The company utilizes a silicon semiconductor process to create a scalable quantum computing solution that employs nanometer-scale quantum dots to form qubits. Their innovation includes an integrated quantum processing unit (QPU), which operates at 3 kelvin and incorporates over 10 million transistors, marking a significant advancement in the field. Additionally, Equal1's technology leverages complementary metal-oxide-semiconductor (CMOS) advancements to enhance processing capacity and enable high-speed control and detection of quantum states, thus facilitating greater access to quantum computing capabilities.

Quandela

Venture Round in 2021
Quandela is a company specializing in quantum computing, focusing on the development of communication networks and optical computers. It manufactures photonic quantum computers and markets them to industrial clients. The company's flagship product, a single-photon source device, integrates photonics with semiconductor quantum dots, facilitating quantum communication, computation, and sensing. This device allows for the efficient collection of emitted single photons at high rates, helping researchers minimize charge noise decoherence and achieve the emission of identical photons with high fidelity. These advancements are crucial for the progress of sophisticated quantum applications, positioning Quandela as a key player in the field of quantum technology.

Comptek Solutions

Grant in 2021
Comptek Solutions Oy, founded in 2017 and based in Turku, Finland, specializes in developing advanced surface engineering technology known as Kontrox. This quantum-level process is designed to create defect-free surfaces for compound semiconductor devices, addressing the critical issues of oxidation that lead to performance limitations in products like MicroLEDs, lasers, and power electronics. By improving the crystalline quality of III-V-based semiconductors, Kontrox technology significantly enhances device performance, achieving notable improvements such as a 250% increase in efficiency and a 90-fold reduction in power consumption. Comptek Solutions has applications across various sectors, including optoelectronics and radio frequency technologies. The company has gained recognition for its innovative approach, receiving a Horizon2020 SME phase I grant from the EU in 2018 and being shortlisted as a top semiconductor spinoff in the inaugural Spinoff Prize competition by Nature Research in 2020.

SiPearl

Venture Round in 2021
SiPearl is a French semiconductor company established in 2019, headquartered in Maisons-Laffitte, Île-de-France, with research and development centers located in France, Germany, and Spain. The company specializes in the design of high-performance, low-power microprocessors intended for exascale supercomputers, aligning its product development with the European Union’s technological goals. Its first microprocessor range, Rhea, is set for commercialization in early 2024 and is based on the Arm Neoverse V1 architecture. SiPearl is committed to manufacturing Rhea using advanced processes from TSMC, ensuring state-of-the-art performance. The microprocessors are aimed at a variety of applications, including computing, artificial intelligence, medical research, climate change mitigation, and energy management, serving scientific researchers and major players in the IT, electronics, and automotive sectors.

SiPearl

Grant in 2021
SiPearl is a French semiconductor company established in 2019, headquartered in Maisons-Laffitte, Île-de-France, with research and development centers located in France, Germany, and Spain. The company specializes in the design of high-performance, low-power microprocessors intended for exascale supercomputers, aligning its product development with the European Union’s technological goals. Its first microprocessor range, Rhea, is set for commercialization in early 2024 and is based on the Arm Neoverse V1 architecture. SiPearl is committed to manufacturing Rhea using advanced processes from TSMC, ensuring state-of-the-art performance. The microprocessors are aimed at a variety of applications, including computing, artificial intelligence, medical research, climate change mitigation, and energy management, serving scientific researchers and major players in the IT, electronics, and automotive sectors.

Comptek Solutions

Venture Round in 2021
Comptek Solutions Oy, founded in 2017 and based in Turku, Finland, specializes in developing advanced surface engineering technology known as Kontrox. This quantum-level process is designed to create defect-free surfaces for compound semiconductor devices, addressing the critical issues of oxidation that lead to performance limitations in products like MicroLEDs, lasers, and power electronics. By improving the crystalline quality of III-V-based semiconductors, Kontrox technology significantly enhances device performance, achieving notable improvements such as a 250% increase in efficiency and a 90-fold reduction in power consumption. Comptek Solutions has applications across various sectors, including optoelectronics and radio frequency technologies. The company has gained recognition for its innovative approach, receiving a Horizon2020 SME phase I grant from the EU in 2018 and being shortlisted as a top semiconductor spinoff in the inaugural Spinoff Prize competition by Nature Research in 2020.

Scintil Photonics

Venture Round in 2021
Scintil Photonics SAS, founded in 2018 and based in Grenoble, France, specializes in the development of silicon photonic integrated circuits aimed at advancing high-speed optical communications and chip interconnections. The company offers a range of products, including multi-wavelength lasers, waveguides, wavelength filters, and photodetectors. By employing wafer-scale bonding techniques that combine Silicon and Indium Phosphide materials, Scintil Photonics creates fully integrated circuits that enhance performance and reliability while significantly lowering implementation costs. Their innovative approach allows for the monolithic integration of optical amplifiers and lasers on advanced silicon photonic circuits, making their solutions suitable for a variety of industrial applications.

UPMEM

Grant in 2021
UPMEM is a fabless semiconductor company focused on enhancing the performance of data-intensive algorithms through its innovative Processing-In-Memory (PIM) solution. This technology addresses the limitations of traditional server architectures, which are hindered by data movement inefficiencies. By deploying a large number of programmable co-processors close to the data, UPMEM's platform accelerates performance for analytics and artificial intelligence applications by more than ten times. This unique approach not only improves computational speed but also reduces energy consumption and hardware footprint in data centers, making it an attractive solution for major application developers and cloud service providers.

Sparrow Quantum

Non Equity Assistance in 2021
Sparrow Quantum Aps. is a Danish company specializing in quantum technology, particularly in the development of advanced light-matter interfaces. The firm focuses on creating deterministic single-photon sources, which are essential for various quantum technologies. Sparrow Quantum boasts the highest efficiency for on-chip single-photon sources globally, characterized by exceptional photon purity, indistinguishability, and outcoupling capabilities. This cutting-edge technology is rooted in over twenty years of research at the renowned Niels Bohr Institute in Copenhagen, from which the company holds exclusive licenses for key patents. By leveraging self-assembled quantum dots paired with slow-light photonic-crystal waveguides, Sparrow Quantum enhances light-matter interactions, providing critical advancements for its clients in the field of photonic quantum technology.

Qblox

Seed Round in 2021
Qblox is a Dutch scaleup focused on quantum technology, specializing in the development of control hardware for quantum computers. The company offers patented, modular control systems that integrate hardware and software solutions designed to enhance the management of qubits. By creating a distributed processor architecture, Qblox simplifies experimental setups while improving gate fidelities through advanced electronics that reduce noise and drift. This innovation enables scientists to minimize crosstalk, implement low-latency control flows, and optimize measurement efficiency, addressing significant scientific and engineering challenges in the evolution of quantum computing. Qblox aims to support the transition from prototype quantum computers to powerful computational systems, thereby contributing to the broader advancement of quantum technology.

CrayoNano

Grant in 2020
CrayoNano, founded in 2012 and headquartered in Trondheim, Norway, specializes in the development and manufacturing of nanomaterials-based semiconductor components. The company utilizes proprietary technologies to create innovative light-emitting diodes (LEDs) that produce ultraviolet light. These diodes feature patented vertically aligned nano-wires on graphene, which enhance internal quantum efficiency, operating lifetime, and reliability, particularly for ultraviolet applications. CrayoNano's advancements contribute to a variety of global solutions in health and safety, water purification, and both consumer and industrial applications, aligning with its commitment to fostering more sustainable and healthier lives.

Qblox

Grant in 2020
Qblox is a Dutch scaleup focused on quantum technology, specializing in the development of control hardware for quantum computers. The company offers patented, modular control systems that integrate hardware and software solutions designed to enhance the management of qubits. By creating a distributed processor architecture, Qblox simplifies experimental setups while improving gate fidelities through advanced electronics that reduce noise and drift. This innovation enables scientists to minimize crosstalk, implement low-latency control flows, and optimize measurement efficiency, addressing significant scientific and engineering challenges in the evolution of quantum computing. Qblox aims to support the transition from prototype quantum computers to powerful computational systems, thereby contributing to the broader advancement of quantum technology.

Aledia

Series D in 2020
Aledia SA, established in 2011, specializes in the development and manufacturing of light-emitting diodes (LEDs). The company's proprietary technology involves a 3D architecture using gallium-nitride-on-silicon microwires, enabling cost-effective production of LED chips at 25% the cost of traditional planar LED chips. Aledia's products cater to general lighting, automotive, and display applications, with a focus on mobile displays and microdisplays for AR/VR devices. Headquartered in Grenoble, France, the company has subsidiaries in Malacca, Malaysia, and Palo Alto, California.

CrayoNano

Series A in 2020
CrayoNano, founded in 2012 and headquartered in Trondheim, Norway, specializes in the development and manufacturing of nanomaterials-based semiconductor components. The company utilizes proprietary technologies to create innovative light-emitting diodes (LEDs) that produce ultraviolet light. These diodes feature patented vertically aligned nano-wires on graphene, which enhance internal quantum efficiency, operating lifetime, and reliability, particularly for ultraviolet applications. CrayoNano's advancements contribute to a variety of global solutions in health and safety, water purification, and both consumer and industrial applications, aligning with its commitment to fostering more sustainable and healthier lives.

Heyday Integrated Circuits

Venture Round in 2020
Heyday Integrated Circuits is a semiconductor company that specializes in designing and selling integrated isolated gate drivers for the power electronics market. Utilizing CMOS silicon technology, the company's products are engineered to minimize switching losses and enhance reliability, while also reducing the weight of power modules. These advancements help clients achieve greater efficiency, lower bill of materials (BOM) counts, smaller module sizes, increased reliability, and reduced costs. Through its innovative solutions, Heyday Integrated Circuits aims to meet the evolving needs of the power electronics sector.

Heyday Integrated Circuits

Grant in 2020
Heyday Integrated Circuits is a semiconductor company that specializes in designing and selling integrated isolated gate drivers for the power electronics market. Utilizing CMOS silicon technology, the company's products are engineered to minimize switching losses and enhance reliability, while also reducing the weight of power modules. These advancements help clients achieve greater efficiency, lower bill of materials (BOM) counts, smaller module sizes, increased reliability, and reduced costs. Through its innovative solutions, Heyday Integrated Circuits aims to meet the evolving needs of the power electronics sector.

IQM Quantum Computers

Venture Round in 2020
IQM Quantum Computers, founded in 2018 and headquartered in Espoo, Finland, specializes in developing and manufacturing hardware systems for quantum computing. The company focuses on scalable hardware solutions utilizing superconducting technology to build quantum processors for universal quantum computers. By concentrating on practical applications, IQM aims to enhance quantum computing capabilities and address challenges faced by various industries and society. As a spin-out from Aalto University and the VTT Technical Research Centre of Finland, IQM has achieved significant advancements in areas such as thermal management, which are crucial for improving computational speed and information accuracy. The company's innovations position it as a leader in the global pursuit of large-scale quantum computing solutions. IQM also offers access to its hardware for research laboratories and supercomputing centers, helping businesses reduce error rates that currently limit computing performance.

ONiO

Grant in 2020
ONiO is a semiconductor company focused on creating self-powered, batteryless solutions for the Internet of Things (IoT) market. The company develops wireless microcontrollers that harness energy from their environment, allowing IoT devices to operate without traditional batteries. This innovation aims to facilitate a transition to a battery-free ecosystem, making health-related information more accessible and easier to understand. By reducing the barriers between people and healthcare technology, ONiO empowers individuals to take greater control of their health while minimizing distractions from other aspects of their lives.

ONiO

Venture Round in 2020
ONiO is a semiconductor company focused on creating self-powered, batteryless solutions for the Internet of Things (IoT) market. The company develops wireless microcontrollers that harness energy from their environment, allowing IoT devices to operate without traditional batteries. This innovation aims to facilitate a transition to a battery-free ecosystem, making health-related information more accessible and easier to understand. By reducing the barriers between people and healthcare technology, ONiO empowers individuals to take greater control of their health while minimizing distractions from other aspects of their lives.

ATLANT 3D

Seed Round in 2020
ATLANT 3D, founded in 2018, specializes in atomic-scale manufacturing, offering innovative technologies for rapid development in materials, micro/nanodevices, and scalable production. The company addresses the challenges of traditional micro/nanoelectronics, which often involve lengthy and expensive processes reliant on cleanroom environments and specialized expertise. By introducing platforms like A-HUBs and the NANOFABRICATOR™, ATLANT 3D enables precise, atom-by-atom manufacturing through its core technology, DALP® (Direct Atomic Layer Processing). This approach allows for the efficient use of various materials and processes, significantly reducing development time and costs while enhancing flexibility and sustainability. ATLANT 3D's solutions support key sectors such as semiconductors, optics, photonics, and advanced packaging, facilitating a network-centric innovation ecosystem that promotes localized and cost-effective manufacturing. This innovation not only streamlines the production process but also addresses the growing demand for localized semiconductor and electronics manufacturing, ultimately transforming the landscape of micro and nanofabrication.

IQM Quantum Computers

Grant in 2020
IQM Quantum Computers, founded in 2018 and headquartered in Espoo, Finland, specializes in developing and manufacturing hardware systems for quantum computing. The company focuses on scalable hardware solutions utilizing superconducting technology to build quantum processors for universal quantum computers. By concentrating on practical applications, IQM aims to enhance quantum computing capabilities and address challenges faced by various industries and society. As a spin-out from Aalto University and the VTT Technical Research Centre of Finland, IQM has achieved significant advancements in areas such as thermal management, which are crucial for improving computational speed and information accuracy. The company's innovations position it as a leader in the global pursuit of large-scale quantum computing solutions. IQM also offers access to its hardware for research laboratories and supercomputing centers, helping businesses reduce error rates that currently limit computing performance.

Aledia

Grant in 2020
Aledia SA, established in 2011, specializes in the development and manufacturing of light-emitting diodes (LEDs). The company's proprietary technology involves a 3D architecture using gallium-nitride-on-silicon microwires, enabling cost-effective production of LED chips at 25% the cost of traditional planar LED chips. Aledia's products cater to general lighting, automotive, and display applications, with a focus on mobile displays and microdisplays for AR/VR devices. Headquartered in Grenoble, France, the company has subsidiaries in Malacca, Malaysia, and Palo Alto, California.

Sensibel

Venture Round in 2020
sensiBel AS, founded in 2016 and located in Oslo, Norway, specializes in the development of ultra-high-sensitivity microphones utilizing optical micro-electro-mechanical system (MEMS) technology. The company focuses on creating microphones that offer optical ultra-low noise performance, enhancing voice control technology without sacrificing acoustic overload point and total harmonic distortion. This innovative approach enables superior speech recognition capabilities and high-quality audio capture, making it a valuable contributor to advancements in voice control applications.

Sensibel

Grant in 2020
sensiBel AS, founded in 2016 and located in Oslo, Norway, specializes in the development of ultra-high-sensitivity microphones utilizing optical micro-electro-mechanical system (MEMS) technology. The company focuses on creating microphones that offer optical ultra-low noise performance, enhancing voice control technology without sacrificing acoustic overload point and total harmonic distortion. This innovative approach enables superior speech recognition capabilities and high-quality audio capture, making it a valuable contributor to advancements in voice control applications.

Nova Fabrica

Grant in 2019
Nova Fabrica is a manufacturer and global supplier specializing in thin film process components essential for vacuum and plasma-based technologies. The company offers a diverse range of products, including plasma monitoring and control systems, plasma generators, bias power supplies, and magnetron sputtering devices. Its comprehensive portfolio also features advanced systems for reactive gas control, gas analysis, deposition rate measurement, and optical monitoring. In addition to its core products, Nova Fabrica provides integration support and training services to help plasma processing system manufacturers effectively utilize its technologies. Through a robust sales network, the company ensures that its specialist products, such as the FloTron™ process control systems, are accessible to customers worldwide.

Nova Fabrica

Grant in 2016
Nova Fabrica is a manufacturer and global supplier specializing in thin film process components essential for vacuum and plasma-based technologies. The company offers a diverse range of products, including plasma monitoring and control systems, plasma generators, bias power supplies, and magnetron sputtering devices. Its comprehensive portfolio also features advanced systems for reactive gas control, gas analysis, deposition rate measurement, and optical monitoring. In addition to its core products, Nova Fabrica provides integration support and training services to help plasma processing system manufacturers effectively utilize its technologies. Through a robust sales network, the company ensures that its specialist products, such as the FloTron™ process control systems, are accessible to customers worldwide.
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