innovators-top-50-web

European Innovation Summit, Brussels
November 2017

EU TOP 50
STARTUPS

Bertrand
Piccard’s

1000
solutions

Engineering-driven startups community

IDEAS

INNOVATION

INSPIRATION

Creating a space for tech entrepreneurs to learn from one another,
share their experiences, and discuss what drives them to advance

technology for the benefit of humanity.

stJOaIrNtTuHpE .CiOeMeMeU.NoIrTYg

1 WELCOME & CONTENTS

Welcome Contents

Innovators Magazine is who has a rather impressive 2
delighted to be part of the resume when it comes to
European Innovation Summit’s bringing disruptive solutions Welcome
inaugural EU Top 50 (EU50) to the world. He is also the Supporting the next generation
Startups platform. keynote speaker at the EU50 of game-changers
Summit organisers, Startups Convention, being
Knowledge4Innovation,(K4I), held as part of the Summit 4
launched EU50 this programme.
year, in partnership with Writing about the support 1000 solutions
IncubatorEurope and Glowfly. startups can access via the Bertrand Piccard is heading 
The millennial startup European Innovation Council around the world with
competition has attracted (EIC), European Commissioner a catalogue of solutions
game-changers from for Research, Science and
across the continent; young ‪Innovation, Carlos Moedas, 8
companies which K4I Managing gives context to the strategies
Director, Dr Roland Strauss, underpinning the continent’s EU50
said are ‘leveraging technology powerful startup ecosystem. Europe’s startups pioneer
to build disruptive solutions Enjoy the Summit. disruptive solutions
that meet Europe’s most
pressing challenges’. Iain Robertson 2
All 50 are showcased in this Editor
special edition, which also
features an exclusive interview
with Bertrand Piccard, the
record-breaking Swiss pioneer

4

Editor | Iain Robertson
Partnerships | Susan Robertson

Digital | Ryan McFadyen
Operations | Gillian Greig
Design | Blair Carrick, Ian Monk
Newsdesk: [email protected]
Advertising: [email protected]
Reception: +44 (0)141 570 0029
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11 Bothwell St | Glasgow | Scotland
innovatorsmag.com | @innovatorsmag

Innovators Magazine accepts no responsibility for any effects from errors or omissions. All material is
copyright and reproduction is not permitted without express permission. All rights reserved.

22

‘Game-changer

for our game-changers’

“Europe has a
unique chance
to become a
global leader
in innovation
provided we start
doing what we
were talking about for years:
making innovation the top priority,
facilitating open access to our
broad knowledge base, exploiting
the potential of synergies, allowing
entrepreneurs to take risk, fail
and start again, finding ways to
sustain growth of high potentials
to become global market leaders.”
Roland Strauss, Managing
Director, Knowledge 4 Innovation

33

Carlos Moedas, European Commissioner for Research, Science and Innovation

Europe is strong in many areas supporting breakthrough, market-
crucial to our ability to succeed in creating innovation and boosting
this emerging future: world class the effectiveness of the innovation
science, an abundance of talent ecosystem.
and ideas, openness and diversity, The €2.7 billion first phase of the EIC
strong industrial capabilities and a which we have just launched, focuses
collaborative and multi-disciplinary on support for innovative firms and
approach to research, development entrepreneurs with the potential to
and innovation. scale up their businesses rapidly at
But too few innovative firms in Europe the European and global levels. A
succeed in scaling up to become main feature is a fully bottom-up SME
major employers and market leaders. instrument allowing applicants freedom
Many startups don’t make it beyond from thematic restrictions, a proposal
the critical first few years, can’t get evaluation system that introduces for
the finance to scale up into global the first time face to face interviews
businesses, or they try their luck in a with a jury of innovation and finance
third country. experts and enhanced coaching and
Our €77 billion Horizon 2020 mentoring support. Blended finance
programme is making impressive (grants combined with loans) will also
strides in coupling excellent research be trialled.
with innovation. But I believe there I am confident that the EIC will provide
is still more we can do to generate an excellent opportunity for all the
greater impact from taxpayers’ startups that are participating in the
investment. We need to make EU Top 50 startups competition and
reforms so that we support our top that it will become a ‘game-changer
innovators who have the ambition, for our game-changers’. I’m sure this
resilience and capability to create and year’s European Innovation Summit
capture new markets. This is where will again contribute to the on-going
the European Innovation Council (EIC) discussions that shape our European
comes in, as a means of streamlining research and innovation landscape.
EU level funding with a clear focus on

Bertrand Piccard is taking a selfie during his flight in Solar Impulse © Solar Impulse | Bertrand Piccard Solar Impulse 2 overflying the pyramids in Egypt © Solar Impulse | Revillard | Rezo.ch

4

FLY

FOREVER
By Iain Robertson

5

“You innovate when
you understand the
paradigm that prevents
you from moving
ahead, and you get rid
of this paradigm.”

Bertrand Piccard © Solar Impulse Revillard Rezo.ch © Solar Impulse Revillard | Rezo.ch

Bertrand Piccard says 1000 solutions To do this effectively, he will
startups must prioritise good communicate to decision-makers,
communication if they want And now Bertrand is heading in governments and industry, in
to push their innovations to market. around the world again – this a language they can understand,
Speaking to Innovators Magazine time with 1000 solutions that can which is simply that profit and
for this special edition showcasing ‘protect the environment in a ecology go hand-in-hand.
the European Innovation Summit’s profitable way’. “Heads of state all tell me that
inaugural EU Top 50 Startups the main problem is inertia; the
event, where he is giving the Launched at this month’s UN difficulty to move things. And that
keynote speech, the ‘serial pioneer’ Climate Change Conference ecology isn’t enough, as you have
has a clear message to the young (COP23) in Bonn - via the Solar too much resistance from industry.”
innovators taking part: ‘success will Impulse Foundation, which He continued: “What you need is
come from good communication.’ Bertrand is the Initiator and to have the politicians owning the
Words of advice from a man Chairman of, the World Alliance for solutions, so they know which are
with a strong record of doing Efficient Solutions (World Alliance) the best solutions for their country;
just that, and with real impact. will select and promote 1000 what is profitable, what can create
In 2016, Bertrand successfully solutions that can help contribute jobs, and then they can incorporate
communicated the epic potential of to international climate targets. it into their political programme.
clean technologies, when he piloted They are then in a position to
the first ever round-the-world solar “I want to select the best 1000 say - look, we are going to do this
flight, alongside co-pilot André solutions and go around the world because it will create jobs, it will
Borschberg, in the history-making again - not with a solar plane but make profit, it will sustain growth.”
Solar Impulse plane. with a catalogue of solutions. I “Even for climate change deniers,
“The Solar Impulse flight showed want to take them to governments, it will be logical to use these
the world that it is possible to heads of state, to parliamentarians solutions,” Bertrand added.
push the limits of technology in who have to make legislation, and And it is this criteria, the
order to build the foundation for to institutions and big corporations. combination of economy and
a sustainable future,” said Ban It will show them what exists today ecology, that an expert panel
Ki-moon, who was then United and make clear they can be much will use to rigorously assess the
Nations Secretary-General. more ambitious in the targets they
want to reach,” Bertrand said.

6

don’t know how to communicate.
And today lots of the success will
come from communication. By
becoming better known, better
respected; they can bring their
solutions to the market. This is
where the World Alliance can help
them because all our strike force is
in communication; it is in the media;
it is in the relationships we have with
governments.”

Think differently

Roland Strauss (K4I) and Bertrand Piccard at COP23, Bonn And on a personal level, Bertrand
added that those who want to
suitability of each solution. you had only thermal solar, or help accelerate the shift to a
“I want to bring key people together, photovoltaic solar, and it combines sustainable world, have to find ways
into the World Alliance: startups, the two; so on the same surface you of approaching challenges from
companies, institutions and can produce heat and electricity.” different angles.
organisations that are producing, Another young company which “What we have to do is to learn to
implementing or supporting the use impressed him, is advancing a think differently,” he said. “I believe
of clean technologies, and offer product within the rapidly growing that we have to understand that, as
them – free of charge – access to electric vehicle market. human beings - or even companies,
these independent experts – who Bertrand continued: “This company we are prisoners of what we have
give credibility to each solution,” he has invented an additional power learned to do. We are prisoners
said. unit that you hook to your electric of our habits, prisoners of the
Solutions Bertrand says already car, that allows you to travel an paradigms that we believe are so
exist. additional 600km. And you rent it, strong and important.”
“I think there are a lot of people you don’t need to buy it. So you can To break free of these shackles,
everywhere in the world; in startups, have your little electric car for the Bertrand urges innovators to ditch
in universities, in research labs and city, which you use during the week, paradigms that stop them moving
even big corporations, with one or then at the weekend - when you forward.
several solutions that are profitable want to go on a break - you rent the “For me innovation is not when
and can protect the environment, little trailer to give you the additional you have a new idea. Innovation is
but they are not known about, range you need for your electric car. when you get rid of all substitutes,
people have no idea that they exist.” This is really interesting.” all beliefs, and this is how you can
All 1000 will be presented at COP24 Creating amazing products is innovate. You don’t innovate with a
in Poland next year. only one part of the equation new idea, you innovate when you
though, their value must also be understand the paradigm that
European properly communicated to the right prevents you from moving ahead,
startups show audiences. and you get rid of this paradigm.”
the way “What I want to say to the startups, He added: “When I initiated Solar
all the people gathered for the EU Impulse, the paradigm was that
A number of game-changing Top 50, all the innovators – they you can never fly longer than the
innovations stemming from have to work on the political level, 20 days that I did with my balloon
European startups have caught they have to promote themselves, around the world, because after 20
Bertrand’s eye in recent weeks. they have to speak of profit, not only days – which was a long flight – you
“One startup in Europe has ecology,” Bertrand said. have no fuel, so you cannot continue.
invented a system of solar cells, “And we need to help them So you think ‘OK we can never
to simultaneously produce heat market themselves better. This is progress, we can never get better’
and electricity,” he said. “Until now what people miss when they are but that’s wrong. The paradigm is
innovators, the marketing part. They you have the fuel and you fly as long
are very good scientifically but they as you have the fuel. So to change
the paradigm you need to stop
having fuel. And Solar Impulse is a
plane that changed the paradigm
and flew with no fuel, and could
actually fly forever.”

7

Selecting #1000solutions

that protect the environment

in a profitable way.

“ Thousands of solutions exist that can boost economic growth while preserving
nature, but they are hidden in start-ups or research labs, remain unknown to
decision makers and are not implemented at industry level. We need to embrace
clean technologies and efficient solutions and rethink the way we produce and
use energy in order to be logical, not just eco-logical.”

Dr. Bertrand Piccard, Initiator and Chairman of the Solar Impulse Foundation

The #1000solutions A GLOBAL STRIKE FORCE... TO EMPOWER EFFICIENT SOLUTIONS
Portfolio will be
presented during Bringing together members in the From federating to appraising: the
COP24, in 2018 field of clean technologies to create World Alliance assesses – entirely
synergies, facilitate matchmaking free of charge – the deployability,
between solution providers and sustainability and viability of the
investors, and showcase clean solutions submitted by its Members.
and profitable solutions that have This assessment will guide the
the potential to address today’s selection of 1000 labelled Efficient
environmental challenges. Solutions to bring to political and
corporate decision-makers, helping
them adopt more ambitious environ-
mental targets and energy policies.

SIGNUP.SOLARIMPULSE.COM 17.11.17 15:55
[email protected]

SI_WA_ANNONCE_INNOVATORS MAGAZINE_190X277mm_PROD.indd 1

8

EU TOP 50
START UPS

9

50EU TOP

START UPS

Seed-stage founders
could impact your future?

Imagine how important every second For the past few months, we have been The EU top 50 winners will pitch their
is when you have a heart attack, or recruiting Europe’s most promising ventures at The Hemicycle Startup
consider the implications of a world millennial founders who are Convention in the plenary room of the
run entirely on renewable energy. If leveraging technology to build European Parliament – the place where
you thought Blockchain technology scalable solutions, addressing our most important decisions for Europe’s
would only impact finance; think most pressing challenges. Europe future are taken.
again. From detecting cardiac arrest has no shortage of potential, and Will these founders succeed at
with 95% accuracy to solving energy entrepreneurship and innovation building a brighter Europe? They
problems in the year 2050 by growing are vehicles by which to create certainly are not afraid to dream big
power grids made of plants, European true progress. It is our collective and work hard.
entrepreneurs are taking a bold stance responsibility to rally behind these On behalf of the EU top 50 Team, 
on the applications of Blockchain, young founders and support them in Karolina Stawinska, Glowfly &
Robotics, Machine Learning and bringing high impact Roland Strauss, Knowledge4Innovation
Artificial Intelligence, driving the future solutions to market. We hope you join
of tech in Europe.  us on this journey! 

10

EU TOP 50
START UPS

01 “Did you know that you could power up Location
your whole house with your own garden?
Company Co-founders Spain

BIOO Pablo Vidarte (21)
and Javier Rodríguez (21)

W hat if our forests could future energy stations. With nearly 8000
become the energy stations customers joining their movement they
of the future? Bioo is a clean- are leading a green revolution in which
tech company capable of generating plants will provide the most sustainable
electricity from plant’s photosynthesis. and competitive energy source
Their mission is to turn forests into charging our cities in the future .

02 “Did you know farmers can lose up to 25%
of their annual production to birds?
Company Co-founders Location
BIRD CONTROL GROUP Steinar Henskes (26) Netherlands
and Tim Sprang (28)

Bird Control Group provides between humans and birds in
innovative products to keep birds more than 75 countries around
at a distance from commercial the world. His customers include
activities, ensuring a safer working large multinationals, airports and
environment and a highly effective governments. Steinar’s animal friendly
way of damage prevention. Steinar’s solutions have been recognized by the
laser technology solves the conflict World Wildlife Fund.

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EU TOP 50
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03 “Did you know that up to 40% of kids need professional help
with speech and language development? —Mitja
Company Co-Founder Location
BLUB BLUB Jernej Fuzir (23) Slovenia

S peech Blubs is a powerful a video-modeling teaching
app that has been used method triggering children’s
over 150,000 times to mirror neurons. Within 3 months
trigger sounds and words in Mitja has gained over 2000
toddlers, late talkers, children paid subscribers and over 3000
with Apraxia, Autism, Down therapists are using his app
Syndrome, ADHD and SPD. in schools and clinics turning
Blub Blub uses voice activation Speech Blubs into number 1
and facial recognition using speech therapy app in the US.

04 “Did you know that Ocean Thermal Energy could take us to
100% renewable-energy? — Berend Jan
Company Founder Location
BLUERISE Berend Jan Kleute (31), Netherlands
Co-founder

B luerise is creating an mix being one of the very
energy breakthrough by few constant energy sources,
generating utility scale available day and night, year-
electricity through Ocean round. Its development can
Thermal Energy Conversion. create an energy breakthrough
Ocean thermal energy is alargely in which Europe can play a
untapped resource,and one of significant role. Together with
the world’s largest renewable its partners Bluerise is working
energy sources. It will be able on projects in Curacao, Jamaica,
to outcompete fossil fuel Colombia, Sri Lanka and
based generation and other Indonesia and plans to
renewables that require storage approach all 100 countries with
and grid balancing. It will play a access to the Ocean Thermal
crucial role in the future energy Energy in the tropics.

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EU TOP 50
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05

Company of traditional sails and existing novel further fuel savings. bound4blue has
designs. The system is suitable for a been incubated by the European Space
BOUND4BLUE wide range of vessels: from fishing Agency, closed two investment rounds
and recreational vessels to large and have been awarded 4 public
Location merchant vessels. Their key solution research grants. The startup is ready to
is completed with a user friendly go to market in 2018 and predicts to
Spain automated control system and a route make up to 40 Million in revenue in the
optimization software which brings first 5 years.
C argo vessels emissions represent
a huge environmental challenge
severely impacting public
health, but they also have a massive
internal problem as fuel represents up
to 80% of their operating costs.
bound4blue’s wingsail system offers a
complete solution to these challenges:
30% of fuel savings and significant
pollution emissions reduction.
bound4blue’s highly innovative
concept brings aviation technology
to the shipping industry, via their
patented new foldable wingsail
designed specifically for assisted
clean propulsion of vessels. As a
result, bound4blue’s wingsails thrust
capacity is ten times higher than that

06

Company measure. Breeze Technologies provides
integrated, hyperlocal and real-time
BREEZE TECHNOLOGIES air quality data enabled through
sensors up to 1.000 times cheaper
Location and 50.000 times smaller than the
industry standard. Working with
Germany various multinational partners, Breeze
supports data-based interventions,
Air pollution is now the single policy planning and implementation
biggest environmental health through a self-learning environmental
threat of our time. It kills nearly intelligence platform.
seven million people per year, and
even in less affected regions effects
are enormous: For example, the
productivity of white-collar workers
decreases by up to 50% in offices with
bad air quality. Air quality data has
so far been sparse, yet you cannot
effectively manage what you cannot

13

Did you know?
that the shipping
industry generates as
much CO2 as the 6th
most polluting country
in the world?

BOUND4BLUE

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EU TOP 50
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07

Company

BRILL POWER

Location

United Kingdom

In a world where batteries are 08 Company Location
everywhere, and the cost to make BROOMX
them is huge, it’s essential to get the TECHNOLOGIES Spain
most out of every battery. Brill Power
addresses the problem of battery aging Broomx Technologies provide live vision covered by standard VR & 360º
and degradation in stationary storage immersive 4D experiences in projections. With partners ranging from
and electric vehicle applications. They physical spaces at a consumer multinationals in the electronics industry
develop cutting-edge intelligent price-point. Mixing technology and to hotel resorts, their technology has
battery pack management and control creativity, they have created a unique a huge impact on various industries
technology that allows accessing device called MK Player360 that allows including education, health and tourism.
the full potential of every individual users to enjoy VR experiences socially This technology has initiated their
lithium-ion cell. Brill Power’s patent without glasses or headsets. This journey and has been used among
pending cell management solution can patented technology, created with others to treat depression and anxiety
extend the lifetime of a conventional the philosophy of being all-in-one & disorders, to enforce climate change
battery pack by up to 60%, while plug&play, can be brought to any room awareness, to create learning tools for
largely improving its resilience to or corner and, once it’s set up, the user students or to enhance the quality of life
unexpected failure of individual can control the system via a smartphone for people who are hospitalised, creating
lithium-ion cells. By 2022, Brill Power app and have their entire field of a virtual window to the world.
expect that their sales alone will offset
2.3 million tons of CO2 equivalents.

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EU TOP 50
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10

Company

CODEBERRY

Location

Hungary

T here is a huge demand for
developers in Europe, yet most
IT education is solely available
in English. With 24 official languages
spoken in Europe alone, it’s no surprise
that non-native English speakers
prefer to learn in their own language.
CodeBerry is building the largest non-
English speaking programming school
in the world. The platform offers hands-
on education in web development
technologies in the students’ mother
tongue and simultaneously serves as a
recruitment platform to land them new
09 Company IT jobs. Codeberry has gained quick
CERA HEALTH Location traction with over 25.000 users, from
United Kingdom
C era is a technology-enabled that 1,500 paying customers so far and
home care provider looking over 400.000 completed assignments.
to transform the elderly care The target market for CodeBerry
market. They have provided over a lower margin so they could pay their includes 13M people with a total of
100,000 hours of care with a 99% carers 50% higher than the industry $1.3B value. The number of developers
satisfaction rating, and have partnered average. This results in recruitment of in these countries is expected to rise
with the NHS to deliver home care experienced, capable carers who are from 16M to 24M (+67%) in the next
across a population of 5 million people. well trained and provide the highest 4 years. Their goal is to expand to 20
Through their matching algorithm quality of care. They are the best countries by the end of 2018.
and automated scheduling systems rated care provider across three user
they were able to arrange home care satisfaction platforms, and have been “You can learn
within 24 hours, while still taking into recognised by the UK Government’s programming in only 4
consideration a patient’s needs and Cabinet Office as a role model for
preferences. They were also able to take partnering with the public sector.

ISTOCK months.

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EU TOP 50
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11

Company device that can quickly determine
someone’s blood type in 3 minutes.
CRIAM Their patented technology uses
machine learning and computer
Location vision increasing medical efficiency
and saving lives. This
Portugal technology will
also allow CRIAM
Founders to detect diseases
in a Point of Care
Vitor Crespo, Ana Ferraz environment.
and Filipe Quinaz

Do you know your blood type?
Every second someone in
the world needs a blood
transfusion, which poses a huge
challenge in an emergency situation
as only a compatible blood type can
be used. To make things more difficult,
blood type tests in this environment
take more than 60 minutes even
in optimal situations. CRIAM has
designed a portable medical

Did you
know

that emergency
departments funnel
250 million calls into the
hospital system and
one in six people are
misdiagnosed each year?

12

Company Medical professionals are personnel, allowing patients to get
expected to process an the right treatment, faster. To put
CORTI.AI unprecedented variety of this into perspective, Corti is able to
expert knowledge and as a result 1 in diagnose cardiac arrest with up to 95%
Location 6 patients is misdiagnosed each year. accuracy in less than 50 seconds. Corti’s
Corti is a machine learning company technology is democratizing medical
Denmark that uses auto-speech recognition expertise worldwide. The Danish
(ASR) to provide live diagnostic aid Emergency Medical Services (EMS) are
during emergency calls, at a patients already using their technology, and
very first contact with the healthcare they have successfully deployed it in
system. Corti provides more accurate Australia and the US. They expect to
diagnostic advice to emergency service reach 100 new EMS customers by 2018.

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EU TOP 50
START UPS

ISTOCK

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EU TOP 50
START UPS

“The better people feel in
their building environment,
the better they work, learn,
shop and enjoy themselves
ENERBRAIN

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EU TOP 50
START UPS

13 Company “Did you know that 20
million people in Europe
EDURIO suffer from a visual
impairment? —Peter
Location

Latvia

Edurio helps over 600 schools and 15 Company
education agencies continuously
monitor education quality, with a EVA Vision
deep focus on non-academic indicators
such as school climate and culture, Location
student and staff perception and
stakeholder engagement. The global Hungary
shift of focus from a knowledge-based
education to that of developing skills E VA is a voice controlled
and competencies, shows that the wearable AI assistant for the
importance of non-academic indicators visually impaired. EVA’s Artificial
of education quality is growing in Intelligence recognises objects, texts,
every education system. With over and signs and verbally describes
9000 teachers and 85000 students what it sees relentlessly scanning
registered on their platform they have and analysing your surrounding.
been able to gather over 7 million She can handle your incoming
survey responses providing access phone calls, read your emails, help
to important data that is crucial for you compose a reply or assist you
education reform. in finding your way home. EVA
is currently building a functional
14 Company wearable prototype and is eager to
start user acceptance trials in many
ENERBRAIN European cities.

Location 16 Company
EXOVITE
Italy Location
Spain
ENERBRAIN The better people feel in their
building environment, the better Exovite optimizes the treatment of
they work, learn, shop and enjoy musculoskeletal injuries and has
themselves. Enerbrain turns buildings been developing solutions for the
into sustainable, economical and social past 3 years to improve the treatment
assets. Theit IoT solution “Energy Cloud” of fractured and broken bones. Their
consists of air quality sensors, a cloud first product; the Exoscan, is a 3D
platform that receives e era crane that scanner capable of capturing the exact
packs up into the size of your carry- on image of the patient’s limb, and using
luggage. Fotokite creates self-flying an exclusive software, it generates a
aerial robotics tools for Public safety, personalized splint which is 3D printed
Broadcast, and Sports markets that within 5 minutes. The splint is 75%
provide real-time video for 24+ hours of lighter than a conventional plaster cast,
continuous flight. Firefighters & Public is waterproof and made from skin-
Safety teams can use the system for friendly material. It is printed directly in
immediate aerial situational awareness. the hospital so it reduces medical costs
Fotokite has a patented technology and the design and material of the
that is a major step ahead of traditional splint allows for maximum comfort
drones and is devoted to making for the patient.
autonomous robotics an everyday
thing. The technology has been
adopted by BBC, AFP, CNN, Tribune
Media, and many more.

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EU TOP 50
START UPS

19 Company

GLEECHI

Location

Sweden

17 Company 18 Company Gleechi’s software solutions
FOTOKITE GETUNIVERSE enables hand interaction
Location Location between humans, computers
Switzerland Finland and robots. Their technology is
based on 8 years of robotics research
Imagine a 100m camera crane that 70 % of the employees are unhappy and is the first software to enable
packs up into the size of your carry- with their current intranets. free and realistic hand interaction
on luggage. Fotokite creates self- Companies are eagerly looking for in virtual reality. Their products are
flying aerial robotics tools for Public a new solution to engage employees currently used for games, industry
safety, Broadcast, and Sports markets and make their company more efficient. training and rehabilitation in VR. The
that provide real-time video for 24+ Universe’s mission is to make large technology is based on algorithms
hours of continuous flight. Firefighters companies efficient again. Universe is that can predict and visualize intended
& Public Safety teams can use the the next generation digital workplace body movement, enabling, among
system for immediate aerial situational platform for enterprises improving much else, patients who suffers from
awareness. Fotokite has a patented communication efficiency up to +200%. disabilities from stroke to do more
technology that is a major step ahead They combine collaboration softwares relevant and motivating rehabilitation
of traditional drones and is devoted under the same platform in a modern exercises in their homes. Similarly,
to making autonomous robotics an way. Already with 180,000+ installed Gleechi’s technology makes it possible
everyday thing. The technology has users, they are trusted by companies for robots to pick up objects without
been adopted by BBC, AFP, CNN, such as Rovio, also known as ‘the being restricted to pre-programmed
Tribune Media, and many more. AngryBirds company’. repetitive movement. This way robots
can perform tasks that previously
demanded the dexterity and flexibility
of human hands. Gleechi’s customers
include world-leading companies
within automation, manufacturing
and VR development, and they are
now aiming to become the standard
solution for all hand interaction.

Top fact

Stroke
rehabilitation
and industry
training can be
done from
your home.

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20 Company 22 Company
HAPPITECH
Location HYPELABS
Netherlands
Location
Atrial Fibrillation is the most
common Arrhythmia and a Portugal
prevalent cause of stroke in
the world, leading to annual totals of HypeLabs is an SDK platform that
750,000 hospitalizations and 130,000 allows any device to communicate
deaths, with those numbers rising for even without the internet. Today,
the past two decades. Happitech allows Hypelabs is used by more than 300
you to detect a heart rhythm disorders companies on a closed beta program. Their
simply by using your smartphone client portfolio has more than a dozen
camera. By placing your finger on the Fortune 500 enterprises using their services.
camera, the Happitech algorithms can From messaging apps to vehicles, file
detect even the smallest variations in sharing tools to drones, their technology
your heartbeat. is already being used on a wide variety
of use cases. The founders’vision is to
21 Company connect evTerreyathtminegnitnothf eanfuture: securely,
HEALTHAPP interoperaebaletinangddeisvoerndewrhen offline.
Location
Spain ranges from
500€ to 2.000€
T reatment of an eating disorder
ISTOCK / HEALTHAPP ranges from 500€ to 2.000€
per day. Outpatient treatment,
including therapy and medical
monitoring, can cost up to 100,000€,
and significant decreases the quality of
life. Jordina is the founder of HealthApp
a young start-up focused on the
development of intelligent mobile
tools for the health sector, with special
emphasis on improving communication
between patients and therapists
in long-term and chronic illnesses.
The startup wants to offer effective
home support between medical
consultations. Healthapp’s aim is to
become the first European company
facing the challenges of connecting
patients and therapists, improving
their quality of life and improve the
European healthcare starting with the
treatment of Eating Disorders. Everyday
Healthapp impacts the lives of 600
patients who use the application daily.
Jordina appeared as one of the most
promising entrepreneurs in Spain for
2017, and has been recognized by MIT’s
under 35 innovators.

22

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23 24 25

Company Company Company

IN OVO INCLUDE INKONOVA

Location Location Location

Netherlands Croatia Netherlands

They are killed either by Include is a Croatian hardware Co-founders
suffocation or shredding, based company, founded by a 22-year-old
on manual gender typing. In Ovo innovator Ivan Mrvoš. In less than Ahmed AlNomany (32)
is developing a gender typing machine 3 years they became one of the top Pau Mallol (37)
which can detect sex differences by producers of smart street furniture
day nine with 95 percent accuracy. in Europe. Their Steora smart bench is Deep in underground mines,
The mass spec test takes a second currently the most advanced some zones are inaccessible.
per egg. The company has shown its street bench on the market. It Inkonova builds drones that
capable of determining gender fast and provides cable and wireless fly, drive and climb and use laser
cost-effective and is now scaling up its charging for all smart devices, a technology to scan zones, and create
throughput. As the poultry industry free Wi-Fi hotspot, street light in a 3D map of them. Inkonova is
in Germany, France, the US, Australia, the evening, 15 sensors for tracking advancing aerial robotics technology
Belgium and the Netherlands want to bench usage and environmental to push forth human reach to any
stop the killing of chicks soon, there is data, and a dashboard—an advanced space untouched by man-made
great interest in Ovo’s technology. In web platform where their users can infrastructure. Inkonova’s TILT Ranger;
Ovo is refining egg waste for valuable track data from every bench in real was the world’s first specialized drone
proteins and is developing a virtual time. More than 450 benches in 125 solution for underground mines, they
assistant for hatchery managers to cities and municipalities across the have sold units and flown missions
improve the welfare for the animals globe have already created social in Sweden, UK, Canada, Peru, Chile
and maximize the earnings for spots providing huge amounts of and Mali. Their R&D effort is creating
farmers. In Ovo collaborates with data for future urban planning, a new feature in aerial robotics;
large industry players, NGO’s and the which helps optimize public spaces, “Batonomous Navigation”. Currently
Dutch government and its closing a making them more efficient in every drones in the open air have eyes and
funding round that will enable it to aspect for their citizens. brains which help them navigate, but
grow improving the lives of billions they cannot navigate in dark caves and
of chickens and thousands of farmers mines. Inkonova is transforming birds
around the world. into bats, autonomy to batonomy,
where an intricate architecture of laser
scanning, flight control, mapping and
localization algorithms are used for a
new set of eyes and brains.

INKONOVA

23

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26 27 28

Company Company Company

MAGNITUDE SPACE MEDIKURA MEMGRAPH

Location Location Location

Netherlands Germany Croatia

This number is growing fast, with Less than 0.5% of Adverse Drug Co-founders
3 billion annually. What if you Reactions (ADR) cases are officially
could start gathering Insights of reported. Reliable data on ADRs is Dominik Tomicevic (26)
Things directly from these connected desperately needed for treatment, drug Marko Budiselic (26)
devices, anywhere on earth, even in safety, and drug discovery. MEDIKURA
the most remote places? The location is a healthcare IT and analytics platform Memgraph is accelerating
and condition of livestock, leasing with the primary goal to improve drug the world’s ability to build
equipment, beehives, grain silos, safety. They offer a holistic process the next generation of
rivers. You name it. The Internet of innovation by providing an automatic, enterprise applications by bringing
Things (IoT) truly means everything. standardized and central reporting the world’s first high-performance
It could transform the way our platform which connects patients, database management technology
planet lives, works and operates on doctors, and pharmaceutical companies specifically optimized for storing and
a daily basis.That’s where we come in real-time. MEDIKURA provides exploring deeply interconnected data
in. Magnitude Space offers a global pharmaceutical companies with digital in real-time. By blending cutting-
network bringing Insights of Things interfaces to enable multi-directional edge algorithms and data structures,
to organizations worldwide. data exchange between all stakeholders. in-memory computing, and building
everything from the ground up using
proprietary techniques, Memgraph
delivers performance improvements
between 10x-100x compared to
existing commercial solutions.
Startups and enterprises are turning
to Memgraph to power state of the
art fraud detection, anti-money
laundering and cyber security systems
amongst other applications.

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29 Company 30 Company

MR.CHADD NOVAGRAY

Location Location

The Netherlands France

Mr.Chadd guarantees on demand homework More than 50% of cancer patients undergo
assistance within a 10 second time frame. The radiotherapy as part of their treatment and 5–10%
platform has launched on the 26th of september of them will develop severe side effects. There is
2017 and already assists over 100.000 students in the currently no tool to identify at-risk patients before starting the
Netherlands who seek personalized education from treatment. NovaGray is developing the first tests assessing
screened and trained university educated coaches. The patient’s sensitivity towards radiotherapy (for breast, prostate
students pay a monthly subscription and can use the service and lung). The NovaGray tests only require a blood sample,
to chat, send photo’s and speech memo’s, enabling them to taken before radiotherapy starts, and provide quick results
get the direct, tailor-made help while doing their homework. within a week. This breakthrough innovation is patented and
Over 100 coaches work for Mr.Chadd on a freelance basis relies on both a biological assay and a predictive analysis.
from any location in the world and get paid by the second NovaGray’s first test for breast cancer was validated on over
helping thousands of students through personalised 500 patients in a trial funded by the French National Cancer
homework assistance. Institute (INCa) and was CE-marked in March 2016.

31 Company 32 Company

OURPATH PHOTONEO

Location Location

United Kingdom Slovakia

OurPath is a digital lifestyle change programme aiming Photoneo developed a unique, patented method of
to tackle the growing ‘lifestyle’ disease epidemic. Less 3D object sensing, which allows them to produce 3D
than a year after its initial June 2016 launch, OurPath cameras with the highest resolution at frame rates up
became the first ever digital behavioural change programme to 60 FPS. Such high performance of resolution and speed in
to be commissioned by the UK’s National Health Service a single camera allow Photoneo to deliver its revolutionary
(NHS) where lifestyle diseases such as type 2 diabetes cost 3D technology to any company that produces or assembles
the system £9 billion per year. On the back of two clinical products using automated production lines or robots. While
trials, and an NHS pilot, users of the OurPath programme designing and bringing this new smart 3D camera to market,
have seen an average of 8.2% weight loss and over a 50% Photoneo has also developed a state of the art 3D scanner
reduction in risk for type 2 diabetes. The benefits of OurPath for static scenes, which it is actively selling globally to
are not limited to health alone. It is estimated that just a clients as part of their advanced automation. Photoneo sells
5–7% reduction in weight will save the NHS roughly £70 complete turn-key bin picking solutions, allowing robots to
million a year, with wider economic savings to the United grab randomly placed objects from a container sequentially
Kingdom of nearly £210 million a year. OurPath is looking and orienting them to a desired place and position. After
to roll out its programme across the United Kingdom and filing their first patent, Photoneo attracted one of the most
throughout Europe, bringing an effective and accessible significant Central Eastern European seed funding rounds of
preventative solution to those who need it most. 2.1M EUR, led by Prague based Credo Ventures.

TOP Radiotherapy complications represent an
FACT economic burden estimated at over €400M /
year just for the European healthcare systems.

25

EU TOP 50
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ISTOCK

26

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33 Company 34 Company Co-founder
ProperGate.co Rafał Grudzień
PLANRADAR Location (20)

Location Poland

Austria

PlanRadar is a cloudbased ProperGate was designed to
SaaS solution for construction address the challenge of logistics
documentation, task and defect coordinators at construction sites
management in construction and real through the automation of delivery
estate projects. Today there are on requests, the synchronisation of
average 1–2 defects per 10m² in real equipment & unloading spots, traffic
estate projects. PlanRadar supports monitoring as well as intelligent,
the users in recording, documentation, hands-free communication with
communication and tracking of drivers, operators, contractors, traffic
tasks and defects. Project managers, marshalls & security guards to ensure
architects, technicians and facility & just-in-time deliveries. Their solution
property managers can record tasks allows to eliminate traffic jams and
and defects in a cost & time saving decreases CO2 emission. ProperGate
way directly on the site with their has been successfully implemented
tablet or smartphone and assign at the construction site of the highest
them in real-time to the responsible skyscrapper in Europe and will soon be
project stakeholder. Today PlanRadar implemented at several new construction
has more than 1,200 customers from sites by one of the world leading project
23 countries worldwide, and receives development and construction groups.
more than 200 new registrations a ProperGate is reinventing the way one
week from companies who would like deals with logistics in the construction &
to work with PlanRadar. real estate industry.

35 Company

REMMEDVR

Location

Poland

Currently the only two solutions for treatment Therapy
which are available on the market are with the
either an eyepatch, or an expensive, use of VR
inefficient vision therapy that requires parents
to bring their children to optometry clinics
2–3 times a week. RemmedVR addresses
this by providing a telemedicine solution
for a home vision therapy with the use
of VR. For the first time doctors have full
ability to monitor the therapy process and
have access to objective results completely
remotely. This breakthrough in vision therapy
enables patients to get cured at least twice
as fast by having access to home therapy on a
daily basis, substituting the medieval eye patch
and reducing the costs of treatment by 50% on
average in comparison to stationary vision therapy.

27

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36 Company 37 Company

SENSIFAI SKRIWARE

Location Location

Belgium Poland

ISTOCK / REMMEDVR The volume of video archives is Their software uses state-of-the-art Skriware’s mission is to teach
skyrocketing and multimedia deep learning technology and is children 21st century STEAM
content owners such as trained over several millions of videos, education skills using 3D
broadcasters and surveillance system images and audio signals. Sensifai’s printing technology, in particular in
companies require an intelligent technology can fundamentally change the process of designing, printing/
software that automatically the way computers interact with prototyping, building and programming
understands video contents and tags humans and significantly improve a personalised robot. They have
them to make their archives developed an entire Skriware ecosystem,
searchable, monetize archives security systems, multimedia being a one-stop-shop consisting
in an online platform, and asset management, and of easy-to-use, nicely designed and
automate monitoring. Manual assistive technologies. The versatile 3D printers, 3D-printed
tagging is too expensive and security applications of Sensifai robots/drones and an online education
time-consuming and requires include live monitoring such platform with software solutions such
many hours of human labor. Sensifai, as the 3D creator, their mobile app
a Techstars graduate addresses this as for example flagging of teaching programming, and a 3D model
challenge by offering the world’s weapons, fire, crying and unattended library. Skriware’s 3D printers, courses
most comprehensive automatic video bags. In robotics and assistive and lessons are used in 10 countries,
tagging software which recognizes technologies, Sensifai facilitates taking children on their personalized
more than 10,000 different scenes, developing robots understanding learning adventure through space, while
objects, actions, celebrities, sports, surrounding environment and teaching them the most sought-after
landmarks, logos and NSFW content. similarly helps visually impaired skills on the job market.
people by live descriptive tagging
over wearable cameras.

28

EU TOP 50
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38 39 40

Company Company Company

SOLHO STORRO SUNLIGHT.IS

Location Location Location

Netherlands Netherlands United Kingdom

Agriculture must double food Storro B.V. is a high-tech software Sunlight enables employers to
production to sustain the global company that contributes to a create an engaging learning
population, with fewer resources safer world through enabling culture at work by
and reduced environmental impact. secure communication, making secure empowering their staff to take
Over 90% of population growth is sharing easy. Storro is a peer-to-peer ownership of their professional
concentrated in the so-called sun-belt Blockchain application enabling you to development. Through the
region. These areas are characterized safely store and share files without the platform employers can control
by an abundant solar resource and cloud decrease dependency on cloud how much each team member is
by poor or unreliable infrastructures. providers, which is good for privacy of allowed to spend across the year,
This is a major problem as it hampers Europeans.Thanks to Storro’s unique mix approve requests from their
the deployment of new horticultural of technologies, your files are encrypted employees on everything from
projects, despite the huge demand. and distributed to storage locations you books, courses and events, and
SOLHO has developed an innovative trust. With Storro your files only come only get charged for what they
system that uses the sun and sea water into the hands of those for whom they use, in one monthly invoice.
as an input to generate all the streams are intended. The founders of Storro are Through its work with existing
required to operate a greenhouse cyber security experts with specialization clients such as Skimlinks,
facility. The system has 3 key features: in, among others, encryption, network Wonderbly and Typeform,
it is completely off-grid, it operates protocols, blockchain technology and Sunlight has seen thwat it
24/7, and it allows to dramatically geopolitics having received recognition improves learning engagement
decrease the operational costs by through various (inter)national awards. by over 40%.
90%. Solho designs and develops the
solar system and sells it to greenhouse Did you know that in 30 years from
manufacturers for an average price now, there will be 9 billion people
of 5M for a 5 ha greenhouse project. living on this planet?
SOLHO is finalizing the design of the
proof of concept to be operational by
August 2018 in France and plans to sell
the first commercial system by 2019.

29

EU TOP 50
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41 42 43

Company Company Company

SYMPTOMA TALENTADORE TALKIN’THINGS

Location Location Location

Austria Finland Poland

Misdiagnosis have been a TalentAdore Ltd. is a Finnish HR Talkin’Things is the leader in
blindspot in medicine for technology company founded delivering smart packaging
decades. Each year, 1.5 million in 2014. Their Virtual solutions for IoT and has a long
lives could be saved with the right Recruitment Assistant (VRA) is a history of working with leading brands
diagnosis. Symptoma.com is an award recruitment software that cleverly and packaging companies to deliver
winning search engine for diseases. combines Artificial Intelligence (A.I.) innovative solutions that define the
Physicians enter symptoms and receive and Natural Language Processing trends in the Smart Packaging market.
a list of matching causes—sorted by (NLP) to handle the entire Talkin’Things is the only provider
probability for the respective patient. recruitment process from job in the world that offers a real end-
Symptoma thus empowers doctors and postings, to hiring decisions, and 2-end solution with customizable
patients to diagnose even ultra rare building dynamic Talent Communities. technology, software, hardware and
diseases. The company has invested over With its consumer grade user marketing creation. Products using
10 years in R&D, and so far established experience, the VRA streamlines their technology include customer
one of the largest disease databases recruitment end-to-end processes by engagement tools, security and
with over 20.000 diseases and millions automating manual and repetitious logistic options, and a comprehensive
of connections to symptoms, risk factors tasks. The technology has been data management system with
and statistics. With over 700,000 unique proven to have high demand. During customizable APIs. Talkin’Things
users per month—the German Minister the last 6 months, they have sold has over 20 pending patents and is
of Health has acclaimed SYMPTOMA their product to some of the biggest bringing 1.5 Billion tags on the market
companies in Finland and entered within a year, reimagining the
as one of the world’s best into Mexico. customer experience.
health care innovations.

30

EU TOP 50
START UPS

44 Company 45 Company

TEAM8 TOPOSENS

Location Location

France Germany

Team8 is a connectable watch Toposens invented the world’s
for children (5–12 years old) first real time 3D Ultrasound
encouraging them to be a Sensor bringing sound vision
superhero and to challenge their friends to technology and are working with
through various games requiring the customers ranging from BMW to
kids to do exercise, to become stronger Porsche. With its systems cars gain the
heroes! Parents get access to important ability to park and drive autonomously
data on children’s weight, physical in close proximity and low speed
activity, but also their food intake. Kids environments. Their 3D sensors are
will receive warnings, in case products working with ultrasound, enabling
could pose allergies, and reminders, them to see like bats, which navigate
for medication adherence. Team8 will through sound and therefore enabling
help parents to manage their children’s precise 3D detection of objects in real
health issues. Team8 has built many time through powerful algorithms
partnerships with big corporates for and standard hardware. The sensor
technology (communication), health system of Toposens generates new
(hospitals) and distribution (toy stores, ways of providing non-optical vision to
insurance) and they are on a mission machines, simplifying and transforming
to fight obesity through a fun and our interaction with technology
engaging way. making autonomous systems of
tomorrow smarter and more efficient.
46 Company Next to automotive applications they 5 Billion
see huge opportunities in robotics, litres of
TYPINGDNA building intelligence and logistics wine each
and the consumer electronics sector. year
Location Next year Toposens will release its first supports multiple languages and can
be trained with chat-logs in a matter of
Romania days. Their AI works alongside humans
learning from them and freeing
Authenticating people online anonymous people tracking solution them to focus on things that matter.
should be seamless and and a low-cost robotics collision Ultimate.ai is working with multiple
secure. TypingDNA recognizes avoidance sensor to bring the vision large companies including Telcos,
people by the way they type and of intelligent technology one step Government and Airlines.
closer to become reality. Toposens
uses this for online authentication. was awarded ICT Company of the year
Their proprietary A.I. based typing by the German Ministry of Economic
biometrics authentication solution Affairs and Energy.
allows companies to have an accurate
typing pattern matching solution with 47 Company
an easy-to-integrate API making the
integration quick and easy. TypingDNA ULTIMATE.AI
is currently used for online banking
authentication, online payments fraud Location

Finland

prevention, but also to stop students Ultimate.ai changes the way
from cheating on their online degree humans work in customer
exams. European financial service service. They use state-of-the-
companies are currently facing new
regulation which requires additional art deep learning models that learn
customer authentication for preventing from historical chat data and can
fraudulent transactions. TypingDNA is a handle common customer service
solid no-compromise solution, which is cases automatically while escalating
safe and user-friendly. hard cases to humans. Ultimate.ai

31

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48 Company 49 Company 50 Company

UNITDOSEONE VEGEA WATERDATA

Location Location Location

Poland Italy Switzerland

Hospital drug distribution, is Each year we create about 6,5 million Dynamic pricing is a core
insecure, error-prone and puts tons of waste as a result of wine capability for market leaders in
patients and communities production, which is the solid waste several industries, which is why
at risk. UnitDoseOne automates that remains after crushing the juice from Waterdata’s product liquidprice was
pharmacies , providing the highest the grapes. Italy alone produces 5 Billion born—to enable Dynamic Pricing as
level of robotics automation to litres of wine each year. The disposal a Service. They use machine learning
hospitals which are still using manual of the enormous quantities of grape solutions to better understand demand
drug distribution. During the past marc each year presents a considerable behaviour and establish catalogue
two years they have built an challenge for winemakers because of pricing accordingly. Waterdata’s
advanced robotic pharmacy that its low digestibility, which does not mission is to support the digitalization,
makes drug distribution in hospitals make it a good feed for livestock and e-commerce and data-centric
more efficient and secure, saving its acidic pH, which does not make it a approaches in many EU digital markets.
hospitals millions each year, while good fertilizer. Vegea transforms wine
ISTOCK / VEGEA improving the quality of care waste into a high value added material,
to patients. They have secured thus offering a green and cruelty free
a European grant to fund the alternative to the materials that are
initial prototype in 2015 and are already placed on the market. This has
getting ready for the first hospital gathered big interest from the major
implementation in Europe. They have fashion and automotive global brands,
signed their first US-based hospital for aiming to introduce Vegea into their
launch in Q1 2018 and have secured a production in order to face the growing
pipeline of 20+ hospitals in Turkey. need for eco-sustainable products.



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