As a part of this 12 months’s EU-Startups Summit, we’re excited to introduce a particular part devoted to showcasing a few of Europe’s most promising AI-focused startups. Happening on 24 April at 16:30 on the Stepup Startups stage, this session will shine a highlight on eight chosen firms as they pitch their improvements and enterprise fashions to an viewers of high traders, corporates, and fellow entrepreneurs.
These startups are backed by the EIC and work on the forefront of AI and deep tech, tackling advanced challenges throughout sectors corresponding to clear vitality, agriculture, local weather resilience, manufacturing, safety, and finance.
The European Innovation Council (EIC) is a flagship initiative of the European Fee to show disruptive European science into groundbreaking industrial propositions and speed up the scale-up of “game-changing” improvements. It’s a key constructing bloc of a strengthened European ecosystem and the New European Innovation Agenda, filling the hole between R&D help, personal traders, and the market. With a finances of over €10 billion beneath the Horizon Europe Programme (2021-2027), it seeks to place Europe as a worldwide chief within the present wave of deep tech innovation.
Under we’re introducing you to the startups that may take the stage on the Summit to current their AI-powered options and bold progress plans:
3Bee (Italy) – Based in 2016, 3Bee’s division XNatura develops superior instruments to watch and shield biodiversity and local weather utilizing IoT sensors, satellite tv for pc information, and AI algorithms. Their platform helps firms, municipalities, and nature reserves in aligning with CSRD, ESRS E4, and GRI 101 laws. The answer is especially related as biodiversity reporting turns into a precedence for compliance and sustainability methods. 3Bee goals to develop into the go-to infrastructure for ecological intelligence throughout Europe.
Cypheme (France) – Cypheme-Vrai is the primary AI system able to detecting counterfeit merchandise utilizing nothing however a smartphone digicam. Developed with proprietary basis fashions and enormous industrial datasets, it has achieved 99.71% accuracy in opposition to extremely refined faux items. Its know-how has already been deployed at scale, together with profitable interventions within the pharma business, the place it helped detect counterfeit anti-cancer medicine.
Efenco (Estonia) – Efenco is a cleantech firm revolutionising vitality effectivity in industrial operations. With its patented HERC chip, Efenco dramatically improves gasoline use in energy-intensive processes like metal manufacturing, cement manufacturing, and district heating. The ceramic-based know-how reduces CO₂ emissions and gasoline prices by at the least 18%, offering a easy but highly effective improve to industrial furnaces and boilers. Backed by a decade of R&D, the startup is now increasing its attain throughout Europe’s industrial hubs.
FLASC (Netherlands) – FLASC is growing a non-battery vitality storage system particularly for offshore renewables. Their patented hydro-pneumatic liquid piston system shops extra vitality by compressing air, making a dependable resolution to match the risky renewable vitality provide with demand. The most recent iteration, the Open-Gasoline Cycle, improves effectivity and scalability, making FLASC a compelling companion for offshore wind initiatives. With worldwide patents and recognition from DNV, the corporate is poised to reshape offshore vitality storage.
Mifundo (Estonia) – Mifundo is enabling seamless, cross-border entry to credit score throughout Europe. Its AI-powered platform aggregates and standardises credit score bureau information from a number of international locations, merges it with open banking info, and calculates a unified EU-wide credit score rating. The aim is to eradicate fragmentation in shopper lending and provides residents and companies a “moveable” credit score profile. Mifundo is already working with regulators and companions to develop into a key participant in the way forward for pan-European finance.
MITIS (Belgium) – MITIS is pioneering next-generation vitality converters that scale back greenhouse gasoline emissions via high-speed turbomachinery. The corporate’s patented applied sciences—spanning flameless combustion, aerodynamic airfoil bearings, and proprietary recuperators—are being utilized to develop oil-free microturbines and hydrogen-powered gasoline cells. Main EU-funded initiatives corresponding to Fit4Micro and RESTORE, MITIS is making actual strides towards decentralised, low-emission energy options.
Naco Applied sciences (Latvia) – Naco Applied sciences specialises in high-performance nano-coatings for the inexperienced hydrogen financial system. Their proprietary Excessive-Velocity Magnetron Sputtering (HMS) know-how reduces the necessity for costly platinum group metals in gasoline cells and electrolyzers, enhancing effectivity whereas chopping prices. By addressing a key bottleneck in hydrogen adoption, Naco helps allow clear vitality applied sciences at scale. Their coatings are designed to fulfill the demanding situations of next-generation vitality techniques.
SAIA Agrobotics (Netherlands) – SAIA is remodeling greenhouse farming with its AI-powered, totally automated plant-handling system. Somewhat than pushing robots into dense plant environments, SAIA has reimagined the method: Crops are moved to a central location for harvesting, enabling quicker, extra environment friendly automation. This strategy boosts productiveness and traceability whereas lowering labour calls for. With a working system already operational, SAIA is effectively positioned to modernise meals manufacturing with scalable, good agtech.
To study extra concerning the firms pitching, go to the Dealflow.eu platform, the place you’ll be able to request direct introductions via every firm’s profile. Safe your ticket at this time and keep tuned for thrilling updates on our occasion web page.
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The European Innovation Council (EIC) is a flagship initiative of the European Fee to show disruptive European science into groundbreaking industrial propositions and speed up the scale-up of “game-changing” improvements. It’s a key constructing bloc of a strengthened European ecosystem and the New European Innovation Agenda, filling the hole between R&D help, personal traders, and the market. With a finances of over €10 billion beneath the Horizon Europe Programme (2021-2027) it seeks to place Europe as a worldwide chief within the present wave of deep tech innovation.