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. Going down 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 complicated challenges throughout sectors equivalent to clear power, 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 price range of over €10 billion below the Horizon Europe Programme (2021-2027), it seeks to place Europe as a world chief within the present wave of deep tech innovation.
Under we’re introducing you to the startups that can take the stage on the Summit to current their AI-powered options and bold development plans:
3Bee (Italy) – Based in 2016, 3Bee’s division XNatura develops superior instruments to observe and defend biodiversity and local weather utilizing IoT sensors, satellite tv for pc knowledge, 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 turn out to be 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 digital camera. Developed with proprietary basis fashions and huge industrial datasets, it has achieved 99.71% accuracy in opposition to extremely subtle pretend items. Its expertise has already been deployed at scale, together with profitable interventions within the pharma business, the place it helped detect counterfeit anti-cancer remedy.
Efenco (Estonia) – Efenco is a cleantech firm revolutionising power effectivity in industrial operations. With its patented HERC chip, Efenco dramatically improves gas use in energy-intensive processes like metal manufacturing, cement manufacturing, and district heating. The ceramic-based expertise reduces CO₂ emissions and gas prices by not less than 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 power storage system particularly for offshore renewables. Their patented hydro-pneumatic liquid piston system shops extra power by compressing air, making a dependable answer to match the unstable renewable power provide with demand. The newest iteration, the Open-Fuel 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 power 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 knowledge from a number of international locations, merges it with open banking data, and calculates a unified EU-wide credit score rating. The objective is to get rid of fragmentation in client lending and provides residents and companies a “moveable” credit score profile. Mifundo is already working with regulators and companions to turn out to be a key participant in the way forward for pan-European finance.
MITIS (Belgium) – MITIS is pioneering next-generation power converters that cut back greenhouse fuel emissions by way of 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 gas cells. Main EU-funded initiatives equivalent 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-Pace Magnetron Sputtering (HMS) expertise reduces the necessity for costly platinum group metals in gas cells and electrolyzers, bettering effectivity whereas reducing prices. By addressing a key bottleneck in hydrogen adoption, Naco helps allow clear power applied sciences at scale. Their coatings are designed to satisfy the demanding circumstances of next-generation power methods.
SAIA Agrobotics (Netherlands) – SAIA is reworking greenhouse farming with its AI-powered, absolutely automated plant-handling system. Moderately than pushing robots into dense plant environments, SAIA has reimagined the method: Vegetation are moved to a central location for harvesting, enabling quicker, extra environment friendly automation. This method boosts productiveness and traceability whereas decreasing labour calls for. With a working system already operational, SAIA is properly positioned to modernise meals manufacturing with scalable, good agtech.
To study extra in regards to the firms pitching, go to the Dealflow.eu platform, the place you’ll be able to request direct introductions by way of every firm’s profile. Safe your ticket right now 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 price range of over €10 billion below the Horizon Europe Programme (2021-2027) it seeks to place Europe as a world chief within the present wave of deep tech innovation.
