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 Wearables

.Lumen

Venture Round in 2025
Dotlumen is a research startup founded in 2020 and based in Cluj, Romania, focused on enhancing the quality of life for visually impaired individuals. The company develops innovative glasses equipped with a sensory and feedback system that aids users in navigating their environments. By leveraging advancements in artificial intelligence, robotics, and neuroscience, Dotlumen aims to empower blind individuals to better understand and interact with the world around them.

Photon IP

Grant in 2025
Photon IP is a Dutch deeptech company based in Eindhoven. It specializes in developing advanced photonics technologies for various applications.

.Lumen

Venture Round in 2024
Dotlumen is a research startup founded in 2020 and based in Cluj, Romania, focused on enhancing the quality of life for visually impaired individuals. The company develops innovative glasses equipped with a sensory and feedback system that aids users in navigating their environments. By leveraging advancements in artificial intelligence, robotics, and neuroscience, Dotlumen aims to empower blind individuals to better understand and interact with the world around them.

Neuro Event Labs

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

Mistikist

Seed Round in 2023
Mistikist is an AI-powered platform enhancing mental wellbeing through personalized audio-visual brainwave entrainment. It integrates neuroscience, machine learning, and real-time biometrics to tailor sessions to users' unique needs, reducing stress and improving focus in minutes. Serving both B2B and B2C markets, Mistikist offers subscription-based solutions for individuals and enterprise licensing for organizations, accessible via mobile apps, VR headsets, and wearables.

Afon Technology

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

Restore Medical

Grant in 2022
Restore Medical develops a device-based therapy for congestive heart failure. Its product, ContraBand, is a catheter-delivered implant in the pulmonary arteries designed to improve patient quality of life and reduce hospital readmission rates.

Lindhe Xtend

Venture Round in 2022
Lindhe Xtend is a company specializing in the development and sale of user-friendly, flexible prostheses and accessories. Committed to enhancing the quality of life for amputees, Lindhe Xtend designs its products with the goal of enabling users to lead active and independent lives. The company's prosthetics are crafted from composite materials, allowing for adaptability to uneven terrain and various daily situations. By collaborating closely with users during the design process, Lindhe Xtend ensures that its solutions are tailored to meet the real needs of individuals, ultimately promoting freedom of movement and a more natural lifestyle.

Lindhe Xtend

Grant in 2022
Lindhe Xtend is a company specializing in the development and sale of user-friendly, flexible prostheses and accessories. Committed to enhancing the quality of life for amputees, Lindhe Xtend designs its products with the goal of enabling users to lead active and independent lives. The company's prosthetics are crafted from composite materials, allowing for adaptability to uneven terrain and various daily situations. By collaborating closely with users during the design process, Lindhe Xtend ensures that its solutions are tailored to meet the real needs of individuals, ultimately promoting freedom of movement and a more natural lifestyle.

Xsensio

Seed Round in 2021
Xsensio is a digital health company focused on revolutionizing healthcare monitoring. It specializes in developing a wearable, Lab-on-Skin© platform that continuously analyzes biochemical data from the skin's surface in real-time, offering unprecedented insights into health and wellness.

Intelligent Implants

Seed Round in 2021
Intelligent Implants is a bioelectronics company developing an implantable electrical stimulation platform that uses wireless devices to stimulate, steer, and monitor bone growth and tissue recovery. The company designs electrotherapeutic medical devices intended to treat diseases and accelerate healing in bone and other tissues. Its implants enable healthcare providers to control and monitor treatment, supporting decision making in patient care. By integrating data, engineering and medicine, Intelligent Implants aims to bring active, connected medical devices to clinical practice, improving outcomes for individuals with bone conditions and related injuries.

.Lumen

Grant in 2021
Dotlumen is a research startup founded in 2020 and based in Cluj, Romania, focused on enhancing the quality of life for visually impaired individuals. The company develops innovative glasses equipped with a sensory and feedback system that aids users in navigating their environments. By leveraging advancements in artificial intelligence, robotics, and neuroscience, Dotlumen aims to empower blind individuals to better understand and interact with the world around them.

.Lumen

Venture Round in 2021
Dotlumen is a research startup founded in 2020 and based in Cluj, Romania, focused on enhancing the quality of life for visually impaired individuals. The company develops innovative glasses equipped with a sensory and feedback system that aids users in navigating their environments. By leveraging advancements in artificial intelligence, robotics, and neuroscience, Dotlumen aims to empower blind individuals to better understand and interact with the world around them.

PKvitality

Series A in 2021
PKvitality is a French bio-wearable company founded in 2017. It specializes in developing non-invasive health monitoring devices, notably the K’Watch Glucose, a smartwatch that enables diabetic patients to monitor their glucose levels painlessly and discreetly.

NanoVation

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

Contego Sports

Grant in 2021
Contego Sports Limited is a company based in Galway, Ireland, that specializes in the manufacture and sale of innovative head guards for rugby players. Founded in 2014 by Mark and Dr. Sandra Ganly, the company combines expertise in sports equipment design and biomedical engineering to develop advanced protective gear. Their flagship product, the N-Pro head guard, is designed to reduce the incidence and severity of brain injuries by effectively managing head impact energy. Contego Sports distributes its products online, aiming to enhance player safety in contact sports through cutting-edge technology and research-driven design.

GlucoModicum

Venture Round in 2021
GlucoModicum develops non-invasive glucose monitoring technology to enable continuous glucose measurement without needles. Its platform uses magnetohydrodynamic technology to sample interstitial fluid through the skin, providing rapid, gentle glucose monitoring for individuals with diabetes and healthcare providers to manage blood glucose with less discomfort than traditional finger-prick methods.

Intelligent Implants

Grant in 2021
Intelligent Implants is a bioelectronics company developing an implantable electrical stimulation platform that uses wireless devices to stimulate, steer, and monitor bone growth and tissue recovery. The company designs electrotherapeutic medical devices intended to treat diseases and accelerate healing in bone and other tissues. Its implants enable healthcare providers to control and monitor treatment, supporting decision making in patient care. By integrating data, engineering and medicine, Intelligent Implants aims to bring active, connected medical devices to clinical practice, improving outcomes for individuals with bone conditions and related injuries.

GlucoModicum

Grant in 2021
GlucoModicum develops non-invasive glucose monitoring technology to enable continuous glucose measurement without needles. Its platform uses magnetohydrodynamic technology to sample interstitial fluid through the skin, providing rapid, gentle glucose monitoring for individuals with diabetes and healthcare providers to manage blood glucose with less discomfort than traditional finger-prick methods.

TRIBUTE BRAND

Grant in 2020
TRIBUTE BRAND is a high-end digital fashion brand and a pioneer in the fashion technology sector, recognized for its distinct contactless and cyber aesthetics. The company operates a virtual marketplace for non-fungible token (NFT) clothing, providing digital fashion garments that promote sustainable design practices. By facilitating the purchase of digital clothing, TRIBUTE BRAND aims to reduce the environmental impact associated with traditional fashion, addressing issues such as waste, sizing limitations, and gender stereotypes. This innovative approach not only enhances consumer choice but also encourages more sustainable behaviors within the fashion industry.

Mode Sensors

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

Mode Sensors

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

Neuro Event Labs

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

Neuro Event Labs

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

Xsensio

Venture Round in 2020
Xsensio is a digital health company focused on revolutionizing healthcare monitoring. It specializes in developing a wearable, Lab-on-Skin© platform that continuously analyzes biochemical data from the skin's surface in real-time, offering unprecedented insights into health and wellness.

Xsensio

Grant in 2020
Xsensio is a digital health company focused on revolutionizing healthcare monitoring. It specializes in developing a wearable, Lab-on-Skin© platform that continuously analyzes biochemical data from the skin's surface in real-time, offering unprecedented insights into health and wellness.

PKvitality

Grant in 2020
PKvitality is a French bio-wearable company founded in 2017. It specializes in developing non-invasive health monitoring devices, notably the K’Watch Glucose, a smartwatch that enables diabetic patients to monitor their glucose levels painlessly and discreetly.

NanoVation

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

NanoVation

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