The Innovation Fund

Aloxy specializes in Industrial Internet of Things (IIoT) solutions, focusing on monitoring manual valve positions in various process industries such as chemical, oil, and gas. Their services include valve position monitoring, emergency shower monitoring, line blind tracking, device management, network monitoring, and ensuring data integrity.

Fyteko is an agtech company headquartered in Brussels, founded in 2014, that develops and produces advanced plant biostimulants. Its flagship product is a biomolecule that enhances crop resilience to both biotic and abiotic stresses, allowing farmers to increase productivity and quality while reducing environmental impact.

Graftys is an early-stage company based in Aix-en-Provence, France, focused on advanced bone biologics. It develops synthetic calcium phosphate bone graft substitutes that are fully injectable and designed for reconstructive orthopedic surgery. The company’s products target specific clinical applications, enabling standard options for bone reconstruction and trauma procedures. Through its biomaterials, Graftys aims to provide safe, predictable options for surgeons seeking injectable bone graft substitutes to support healing in challenging skeletal defects.

Aloxy specializes in Industrial Internet of Things (IIoT) solutions, focusing on monitoring manual valve positions in various process industries such as chemical, oil, and gas. Their services include valve position monitoring, emergency shower monitoring, line blind tracking, device management, network monitoring, and ensuring data integrity.

SENSE in specializes in manufacturing monitoring solutions equipped with thermomechanical sensors. These sensors detect deformation, pressure, temperature, humidity, and other parameters in real-time or periodically, alerting users to abnormal behavior and damage.

Terakalis is a company that specializes in the development of non-destructive testing equipment for the analysis and control of materials and industrial processes. Established through a technological partnership with the Charles Coulomb laboratory in 2012, Terakalis focuses on TeraHertz electromagnetic waves, which range from 100 GHz to 10 THz. The company's offerings include a variety of both generic and custom-made products and systems designed to inspect materials for internal defects and to characterize their physical and chemical properties. By providing integrated line-of-production equipment and portable alternatives, Terakalis enhances operational efficiency for businesses across various sectors.

Saturne Technology is a Luxembourg-based company that specializes in metal additive manufacturing using laser-based processes, including selective laser melting, laser welding, cutting, drilling, and cladding. The firm produces high-precision metal parts and components with complex geometries for civil and military aerospace, space, armaments, medical, automotive, nuclear, art and jewelry, research and development, and food-processing industries. It serves international customers by exporting to Europe, the United States, and Mexico. Founded in 2001 and headquartered in Sandweiler, Saturne Technology focuses on delivering custom, laser-precision parts through metal additive manufacturing.

Timeseer.AI is a technology company focused on enhancing the connected industry economy through reliable Industrial Internet of Things (IIoT) data. It has developed a low-code platform for time series data operations and observability, aimed at facilitating augmented analytics. By integrating machine learning and natural language processing, Timeseer.AI prepares time-series analytics that allow businesses to extract valuable insights and statistics from their data. The company is dedicated to increasing the power and value of data, treating it as a significant asset for its clients.

Daphne Technology SA is a climate technology company based in Ecublens, Switzerland, founded in 2017. The company specializes in catalyst-free, nano-technology solutions designed to help the petrochemical, power, and transportation industries significantly reduce air emissions in accordance with international and national regulations. Its patented technology effectively breaks down toxic pollutants, converting them into non-hazardous elements or valuable by-products. This miniaturized solution is particularly well-suited for marine vessels and offers a cost-effective alternative to existing technologies by lowering both capital and operational costs without necessitating a switch in fuel sources. As a result, Daphne Technology addresses environmental challenges by enabling a cleaner and more sustainable approach to emissions management across various sectors.

VOCSense is a technology company focused on sensing solutions for environmental monitoring. Originating as a spin-off, it is developing EnviCam, an environmental camera that makes visible the chemical and biochemical molecules surrounding us, and has created CMOSEnvi, a manufacturing process compatible with standard CMOS chips. The company manufactures microelectronic gas sensors and integrates nanotech-based sensing materials to convert raw electrical signals into accurate concentration data using proprietary AI algorithms. Its sensors and analytics serve agriculture, food, chemical, wastewater, and pharmaceutical industries, and support monitoring and control of industrial emissions.

Cognivia is a company that focuses on developing analytical tools aimed at optimizing and accelerating the clinical development of new medicines. Its innovative tools employ predictive techniques to enhance the clinical evaluation of drugs and other therapeutics. By addressing and mitigating the variability in clinical trial data, Cognivia enables its clients to identify and manage critical sources of variability, ultimately improving the efficiency and effectiveness of clinical trials.

Graftys is an early-stage company based in Aix-en-Provence, France, focused on advanced bone biologics. It develops synthetic calcium phosphate bone graft substitutes that are fully injectable and designed for reconstructive orthopedic surgery. The company’s products target specific clinical applications, enabling standard options for bone reconstruction and trauma procedures. Through its biomaterials, Graftys aims to provide safe, predictable options for surgeons seeking injectable bone graft substitutes to support healing in challenging skeletal defects.

Daphne Technology SA is a climate technology company based in Ecublens, Switzerland, founded in 2017. The company specializes in catalyst-free, nano-technology solutions designed to help the petrochemical, power, and transportation industries significantly reduce air emissions in accordance with international and national regulations. Its patented technology effectively breaks down toxic pollutants, converting them into non-hazardous elements or valuable by-products. This miniaturized solution is particularly well-suited for marine vessels and offers a cost-effective alternative to existing technologies by lowering both capital and operational costs without necessitating a switch in fuel sources. As a result, Daphne Technology addresses environmental challenges by enabling a cleaner and more sustainable approach to emissions management across various sectors.

Aloxy specializes in Industrial Internet of Things (IIoT) solutions, focusing on monitoring manual valve positions in various process industries such as chemical, oil, and gas. Their services include valve position monitoring, emergency shower monitoring, line blind tracking, device management, network monitoring, and ensuring data integrity.

Univercells is a company specializing in high-density, low-cost biomanufacturing solutions aimed at enhancing the production of biologics, including antibodies, proteins, and vaccines. The company leverages innovative engineering and proprietary technologies, such as single-use systems and continuous process intensification, to significantly reduce capital investments by over 75% and the cost of goods by up to 90%. Univercells offers a range of services, including scale-X hydro, scale-X carbo, and NevoLine, which support both research and development and commercial-scale production of biologics. Additionally, the company provides integrated services like equipment confirmation, capacity and facility design, and bioprocess excellence, facilitating the scalability of cell and gene therapy manufacturers from clinical trials to commercial manufacturing. Through its commitment to making biologics more accessible and affordable, Univercells addresses critical global health challenges.

Founded in 2017, Zeopore Technologies specializes in developing mesoporisation technologies for the refining and petrochemical industry. Its core product is mesoporous zeolite, designed to enhance efficiency in catalytic processes, including petrochemical conversions and plastic waste conversion.

PharmaFluidics is a Brussels-based spin-off from the Vrije Universiteit Brussel, focusing on developing and manufacturing micro-chip based chromatography columns for use in biomarker, diagnostics, and drug research applications. The company leverages its expertise in chemical engineering and micro-fabrication technology to create high-quality solutions tailored for mixing, separation, and reaction processes at milli- to nano-scales. Their products enable researchers to identify active compounds in complex biological samples more efficiently and sensitively.

REIN4CED is a manufacturer that specializes in developing advanced composite materials for the bicycle industry. The company has created a fiber-strengthened carbon composite that incorporates specifically developed steel fibers, resulting in a product that offers enhanced impact resistance. This innovative material maintains high stiffness and low weight, making it ideally suited for durable and lightweight bicycle frames. By focusing on the intersection of safety and performance, REIN4CED aims to provide cyclists with robust yet efficient solutions that enhance both the longevity and safety of their bicycles.

Blue Foot Membranes is a start-up company founded in 2017 in Lommel, Limburg, specializing in the production and commercialization of the Integrated Permeate Channel (IPC™) technology. This patented technology is utilized in Membrane Bioreactors designed for the treatment of industrial and municipal wastewater. The company manufactures washable flat sheet membranes that offer enhanced fouling control, leading to improved filtration efficiency. By enabling effective physical cleaning of filtration systems, Blue Foot Membranes supports industries and municipalities in their efforts to reuse wastewater, contributing to more sustainable water management practices.

Proceedix is a Software as a Service (SaaS) company that provides a centralized platform for managing enterprise procedures, work instructions, and checklists. The platform enables organizations to digitize their workflows, allowing operators and inspectors to execute tasks efficiently and remotely. By using mobile devices and smart glasses, Proceedix helps businesses reduce reliance on paper, enhance quality, and improve safety across operations. The solution is designed to be device-agnostic, facilitating seamless connectivity among the workforce and supporting the principles of Industry 4.0 technology. Through its innovative approach, Proceedix aims to streamline processes and empower employees to perform their tasks anytime and anywhere.

Acar'Up develops and design a trap device designed to extract and kill the allergenic dust mites living in mattresses, chairs, carpets and other upholstered furniture.

Iristick is a Belgium-based company that specializes in the creation of industrial smart glasses designed to facilitate the digital transformation of enterprises. The company's products support frontline workers in various sectors, including maintenance, logistics, quality control, and telemedicine, by providing hands-free remote assistance, step-by-step workflow guidance, and pick-by-vision logistics. Iristick's smart eyewear leverages smartphone processing power to minimize radiation exposure and reduce deployment costs, making it an effective tool for industrial sites and corporate clients. The company's innovative approach has garnered recognition, including a Red Dot Award and an H2020 European Commission Innovation Grant, along with multiple patents. Iristick serves a global customer base, contributing significantly to the advancement of Industry 4.0.

Aerosint is a Belgian company founded in 2016, dedicated to the research and development of innovative additive manufacturing processes, particularly in the field of 3D printing. The company has developed a unique selective powder recoating technology that allows for the deposition of fine powder layers composed of multiple materials. This technology enables multimaterial 3D printing by sintering different powders within each layer, effectively achieving a zero-waste process for high-performance polymers. Aerosint's advancements not only enhance the efficiency of 3D printing but also reduce costs, making it a significant player in the additive manufacturing landscape.

Mathym is a biomedical company specializing in the development and supply of colloidal nanomaterials, particularly for dental applications. The company creates nano-dispersions that enhance the properties of various medical devices, ensuring a stable and uniform distribution of nanoparticles in liquids. In addition to dental applications, Mathym's products cater to multiple industries, including fine ceramics, photonics, displays, and semiconductor manufacturing. By providing these advanced materials, Mathym supports researchers and manufacturers in achieving improved performance and reliability in their applications.

Fyteko is an agtech company headquartered in Brussels, founded in 2014, that develops and produces advanced plant biostimulants. Its flagship product is a biomolecule that enhances crop resilience to both biotic and abiotic stresses, allowing farmers to increase productivity and quality while reducing environmental impact.

X4C specializes in developing advanced monolayer chemical coating technology for a variety of life science applications. The company creates molecular coatings tailored for in vitro diagnostics, medical devices, electronics, and optics. X4C's innovative platform employs a unique approach to surface coating that allows for the precise grafting of robust organic monolayers. This technology enables healthcare professionals to impart specific functionalities to substrates while maintaining their inherent properties. Additionally, X4C offers a range of products, including nanoparticles and calixarenes, along with customized services to meet the diverse needs of its clients in the life sciences sector.

TrendMiner, established in 2008, is a leading provider of advanced industrial analytics software. Headquartered in Belgium with offices in the U.S., Germany, Spain, and the Netherlands, the company offers a fast, powerful, and intuitive platform for real-time monitoring and troubleshooting of industrial processes. TrendMiner's platform enables data-driven decision-making by providing robust data collection, analysis, and visualization. It partners with major industry players like Amazon, Microsoft, SAP, and Siemens, and integrates with various data historians. The company's self-service analytics platform uses pattern recognition and machine learning to help clients optimize process performance and drive operational intelligence.

Lisam Systems is a global provider of environmental, health and safety compliance management software and services. Its flagship ExESS platform enables creation, management and distribution of GHS-compliant safety data sheets and labels, and supports chemicals and inventory management, label generation, workplace safety, waste management and document control across major markets. The company also offers SDS authoring, distribution and management, regulatory advisory, software installation and customization, training and outsourced document and process management for SDS, as well as ongoing software maintenance and technical support. Lisam serves manufacturers, distributors and users of chemical products across industries including chemical and specialty chemicals, cosmetics, detergents and fragrances, with a worldwide network of offices. Founded in 1999 and headquartered in Ecaussinnes, Belgium.

InOpSys NV is a company based in Mechelen, Belgium, that focuses on the development and construction of flexible, modular, and mobile units for onsite treatment of toxic wastewater. The company specializes in providing sustainable solutions for the purification of industrial wastewater streams, particularly for the chemical and pharmaceutical sectors. By enabling the recovery of water and raw materials for reuse, InOpSys contributes to improved water quality and assists industries in achieving their sustainability objectives.

PharmaFluidics is a Brussels-based spin-off from the Vrije Universiteit Brussel, focusing on developing and manufacturing micro-chip based chromatography columns for use in biomarker, diagnostics, and drug research applications. The company leverages its expertise in chemical engineering and micro-fabrication technology to create high-quality solutions tailored for mixing, separation, and reaction processes at milli- to nano-scales. Their products enable researchers to identify active compounds in complex biological samples more efficiently and sensitively.