EIT
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ARTICLES (25)
Launched in 2015 in Brussels, EIT Food was established by the not-for-profit European Institute of Innovation & Technology (EIT) and funded by the European Union as an investor and accelerator. Its aim is to support mainly European startups in foodtech areas ranging from traceability to alternative proteins, with sustainability a key deciding factor in the startups it backs from pre-seed to Series-B level. The organization currently has 55 startups in its portfolio, which raised more than €91m in investments in 2020. Its most recent investments include 700,000 Swiss francs (€637,000) in the seed round in January 2021 of Swiss biotech SwissDeCode, a company that applies DNA testing to food traceability. Another investment was the December 2020 €900,000 seed round of Spanish compostable-packaging tech Food Sourcing Specialists.
Launched in 2015 in Brussels, EIT Food was established by the not-for-profit European Institute of Innovation & Technology (EIT) and funded by the European Union as an investor and accelerator. Its aim is to support mainly European startups in foodtech areas ranging from traceability to alternative proteins, with sustainability a key deciding factor in the startups it backs from pre-seed to Series-B level. The organization currently has 55 startups in its portfolio, which raised more than €91m in investments in 2020. Its most recent investments include 700,000 Swiss francs (€637,000) in the seed round in January 2021 of Swiss biotech SwissDeCode, a company that applies DNA testing to food traceability. Another investment was the December 2020 €900,000 seed round of Spanish compostable-packaging tech Food Sourcing Specialists.
EIT InnoEnergy, an initiative of the European Institute of Innovation and Technology (EI), offers startup entrepreneurs support in growing and scaling their businesses. It focuses on innovative clean-tech projects, offering mentorships and industry expertise through seed funding and an accelerator program. The network consists of 15 European clean-tech venture capitalists and 15 research institutes. To date, it has supported over 200 European startups working on initiatives aimed at boosting the prevalence of sustainable energy in the market.
EIT InnoEnergy, an initiative of the European Institute of Innovation and Technology (EI), offers startup entrepreneurs support in growing and scaling their businesses. It focuses on innovative clean-tech projects, offering mentorships and industry expertise through seed funding and an accelerator program. The network consists of 15 European clean-tech venture capitalists and 15 research institutes. To date, it has supported over 200 European startups working on initiatives aimed at boosting the prevalence of sustainable energy in the market.
Climate-KIC is an initiative supported by the European Institute of Innovation and Technology (EIT), whose focus is to create and support a community of entrepreneurs and mentors that jointly develop and produce innovative ideas facilitating the transition to a zero-carbon economy. Climate-KIC has launched various initiatives and acceleration programs across Europe targeted at growing startups that are tackling climate change, providing them with structure, assistance, mentoring and seed funding to develop low-carbon products and services.
Climate-KIC is an initiative supported by the European Institute of Innovation and Technology (EIT), whose focus is to create and support a community of entrepreneurs and mentors that jointly develop and produce innovative ideas facilitating the transition to a zero-carbon economy. Climate-KIC has launched various initiatives and acceleration programs across Europe targeted at growing startups that are tackling climate change, providing them with structure, assistance, mentoring and seed funding to develop low-carbon products and services.
CEO and Co-founder of Codemao (Bianchengmao)
Li studied Human Computer Interaction as an undergrad at Shandong University and later as a graduate student at Université Paris Sud, EIT ICT LABS Master School and Technische Universität Berlin. His first startup taught children English using one-on-one teaching methods and his second helped international students studying in France settle in. Before finishing his graduate studies, Li recognized the potential of a startup that teaches children coding. In 2014, he left his graduate program, giving up three master's degrees, to start Codemao with his classmate and business partner Sun Yue.
Li studied Human Computer Interaction as an undergrad at Shandong University and later as a graduate student at Université Paris Sud, EIT ICT LABS Master School and Technische Universität Berlin. His first startup taught children English using one-on-one teaching methods and his second helped international students studying in France settle in. Before finishing his graduate studies, Li recognized the potential of a startup that teaches children coding. In 2014, he left his graduate program, giving up three master's degrees, to start Codemao with his classmate and business partner Sun Yue.
COO and co-founder of iLoF
Mehak Mumtaz grew up in Pakistan and decided to study biochemistry when she saw her brother suffering from an unknown learning disability. Her parents, both medical doctors, could not get an accurate diagnosis for their son. In her search to understand the molecular mechanisms behind diseases, she applied to study at the University of Oxford. In 2008, she was granted the Reach Oxford Scholarship and graduated with a master’s in biochemistry in 2012. In 2015, the St Hilda’s alumna worked as an undergraduate tutor at Oxford while completing a PhD in pathology, specializing in oncology and cancer biology.In 2018, she worked on a rare cancer project as EIT Health Business Innovation fellow for a year. She left academia and joined a three-month bioentrepreneur bootcamp in Munich and a one-month Lev8 Woman Program at her alma mater’s Oxford Foundry. She joined EY-Parthenon in London as a strategy consultant in April 2019.In 2019, Mumtaz also met the iLoF co-founding team at the EIT Health Wild Card venture-building program. iLoF is a medtech startup that focuses on personalized medicine through the use of AI and photonics to create optical fingerprints in a cloud-based library to gather and manages disease biomarkers and biological profiles.She joined iLoF as COO and co-founder in December 2019 and left her full-time consultancy role at EY in March 2020.
Mehak Mumtaz grew up in Pakistan and decided to study biochemistry when she saw her brother suffering from an unknown learning disability. Her parents, both medical doctors, could not get an accurate diagnosis for their son. In her search to understand the molecular mechanisms behind diseases, she applied to study at the University of Oxford. In 2008, she was granted the Reach Oxford Scholarship and graduated with a master’s in biochemistry in 2012. In 2015, the St Hilda’s alumna worked as an undergraduate tutor at Oxford while completing a PhD in pathology, specializing in oncology and cancer biology.In 2018, she worked on a rare cancer project as EIT Health Business Innovation fellow for a year. She left academia and joined a three-month bioentrepreneur bootcamp in Munich and a one-month Lev8 Woman Program at her alma mater’s Oxford Foundry. She joined EY-Parthenon in London as a strategy consultant in April 2019.In 2019, Mumtaz also met the iLoF co-founding team at the EIT Health Wild Card venture-building program. iLoF is a medtech startup that focuses on personalized medicine through the use of AI and photonics to create optical fingerprints in a cloud-based library to gather and manages disease biomarkers and biological profiles.She joined iLoF as COO and co-founder in December 2019 and left her full-time consultancy role at EY in March 2020.
CEO and co-founder of HumanITcare
Núria Pastor is the CEO and co-founder of HumanITcare, a telemedicine platform for remote patient monitoring using real-world data and AI to treat patients affected by chronic diseases and also to accelerate drug development and clinical trials. Under the helm of Pastor the startup has doubled its user base and is poised to become a leading player in digital health. Pastor holds a bachelor’s in psychology from the University of Barcelona and a Masters in Research in neuroscience from the Autonomous University of Barcelona. Prior to HumanITcare, she worked as a researcher at the Hospital del Mar Research Institute and the University of Barcelona. She has also worked as Business Analyst in EIT Health and has mentored at the European Commission.
Núria Pastor is the CEO and co-founder of HumanITcare, a telemedicine platform for remote patient monitoring using real-world data and AI to treat patients affected by chronic diseases and also to accelerate drug development and clinical trials. Under the helm of Pastor the startup has doubled its user base and is poised to become a leading player in digital health. Pastor holds a bachelor’s in psychology from the University of Barcelona and a Masters in Research in neuroscience from the Autonomous University of Barcelona. Prior to HumanITcare, she worked as a researcher at the Hospital del Mar Research Institute and the University of Barcelona. She has also worked as Business Analyst in EIT Health and has mentored at the European Commission.
CTO and co-founder of iLoF
Joana Paiva graduated in 2014 with a master’s in biomedical engineering at the University of Coimbra in Portugal. She went on to complete a PhD in physics at the University of Porto in 2019.In 2014, she also worked at INESC Technology and Science for almost five years while completing her PhD thesis: Intelligent Lab on Fiber tools for sensing single-cells and extracellular nano-vesicles. It was her research that led to the founding of medtech startup iLoF.In August 2019, she co-founded iLoF as CTO. The Oxford-Oporto-based startup enables personalized medicine through the use of AI and photonics to create optical fingerprints in a cloud-based library to collate disease biomarkers and biological profiles.Based in Porto, she is also a co-inventor with three patents and 29 scientific publications. She is one of Forbes 30 Under 30 for science and healthcare and was nominated for the EIT Woman Award 2020.
Joana Paiva graduated in 2014 with a master’s in biomedical engineering at the University of Coimbra in Portugal. She went on to complete a PhD in physics at the University of Porto in 2019.In 2014, she also worked at INESC Technology and Science for almost five years while completing her PhD thesis: Intelligent Lab on Fiber tools for sensing single-cells and extracellular nano-vesicles. It was her research that led to the founding of medtech startup iLoF.In August 2019, she co-founded iLoF as CTO. The Oxford-Oporto-based startup enables personalized medicine through the use of AI and photonics to create optical fingerprints in a cloud-based library to collate disease biomarkers and biological profiles.Based in Porto, she is also a co-inventor with three patents and 29 scientific publications. She is one of Forbes 30 Under 30 for science and healthcare and was nominated for the EIT Woman Award 2020.
HumanITcare: Covid-19 spurs demand for telemedicine across Spain and beyond
The startup’s revenue is expected to exceed €10m by 2024 due to rapid digital transformation of healthcare services and a growing market for AI-powered medtechs
Oscillum: The intelligent label to reduce food waste
The Spanish biotech startup has developed sensors embedded in biodegradable plastic labels to monitor “product freshness” beyond expiration dates, helping consumers to avoid food waste and save money
Futuralga: Circular economy model to turn seaweed into biodegradable plastic alternative
A Cádiz-based young startup is winning accolades for its eco-friendly bioplastic made from seaweed washed ashore
HumanITcare: The first real-time symptom tracker for mental illness patients
FollowHealth’s HumanITcare app combines wearables, analytics and AI to monitor and improve outcomes for sufferers of depression, schizophrenia, alcoholism and more
Verkor: Accelerating low‑carbon battery production in France
French startup Verkor aims to raise up to €1.3bn by the end of next year to finance its first Gigafactory producing sustainable lithium-ion batteries for the European market
HeartGenetics: Using genetic data and AI to improve predictive health outcomes
Amid growing demand for personalized health and wellness solutions, the Portuguese startup is seeking €2m to expand to Germany and the UK
Refurbed: Electronics recycling marketplace gets $54m for EU consolidation, overseas expansion
Consumers can reduce their carbon footprints by shifting toward a circular economy, become carbon-neutral by planting one tree with every purchase from Refurbed
SwissDeCode: Portable DNA test kits detect food contamination within minutes
DNAFoil, the startup’s rapid and accurate on-site food safety testing kit, can be deployed by non-expert staff after a few hours of training, with no need for lab equipment
Plant on Demand: Helping small-scale organic farmers to thrive, sustainably
Plant on Demand will soon deploy product PODX’s “prescriptive” analytics to boost organic farmers’ productivity and prices, by optimizing future crop yields to match seasonal sales trends
Xhockware's YouBeep app for speedy checkout, higher customer spending
Besides cutting checkout time to under 1 minute, this in-store shopping app also has other bright ideas: targeted marketing, allergy warnings, even wine-pairing tips
Icaria Medical's CardioSense: Cardiovascular pre-diagnosis in less than 60 seconds
Icaria Medical is seeking clinical validation and funding for its AI-based monitor, which measures blood pressure continuously and non-invasively
As Veniam’s “Internet of Moving Things” keeps growing, autonomous vehicles are next
The Portuguese startup is going places with its mesh networking technology, but that’s “just the beginning”, says Veniam founder and CEO João Barros. He talks to CompassList about partnering automakers to design self-driving cars, raising a new round of funding in 2018, and more
Harnessing its innovative startups, Portugal builds a better cleantech ecosystem
With help from government and private-sector initiatives, Portuguese cleantech startups are playing an ever-increasing role in helping the country meet its energy challenges while cutting harmful greenhouse gases
AlphaBeats: a 10-minute music playlist to de-stress your brain using biofeedback
With the exclusive rights to Philips’s neurofeedback technology, Alphabeats has developed an app to offer and enhance relaxation using a person’s favorite music
iLoF: Accelerating access to personalized medicine, from a drop of blood
Backed by Microsoft’s venture fund M12, Mayfield and Melinda Gates’s Pivotal Ventures, iLoF focuses on painless screening to facilitate disease detection, forecasting and drug development, from Alzheimer’s to Covid-19
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