EIT Food
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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.
Founded in Berlin in 2016, Atlantic Food Labs’ mission is to support startups with the potential to feed 10bn people by 2050. It has supported 20 companies to date and its most recent investments include in the German healthy last-minute delivery service Gorillas’ $290m Series B round and in the €5.9m seed round of B2B German retail connection service Magaloop in March 2021.
Founded in Berlin in 2016, Atlantic Food Labs’ mission is to support startups with the potential to feed 10bn people by 2050. It has supported 20 companies to date and its most recent investments include in the German healthy last-minute delivery service Gorillas’ $290m Series B round and in the €5.9m seed round of B2B German retail connection service Magaloop in March 2021.
Advanced sous-vide aseptic packaging (ASAP) technology extending the shelf-life of food to two years without refrigeration, preservatives or chemicals, potentially disrupting cold chain logistics
Advanced sous-vide aseptic packaging (ASAP) technology extending the shelf-life of food to two years without refrigeration, preservatives or chemicals, potentially disrupting cold chain logistics
Affordable, healthy and tasty prepped meal kits that busy office workers can order online, pick up on their way home and cook in five minutes.
Affordable, healthy and tasty prepped meal kits that busy office workers can order online, pick up on their way home and cook in five minutes.
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.
Pioneering foodtech with the first inkjet printer and laser design tool and printer; innovating technology to scale cell-based food and print food for dysphagia patients.
Pioneering foodtech with the first inkjet printer and laser design tool and printer; innovating technology to scale cell-based food and print food for dysphagia patients.
CEO and Co-founder of Jeff
Serial entrepreneur Eloi Gómez Cal (Santiago de Compostela, 1992) holds a double Bachelor’s degree in Economics and Food Science and Technology. He worked as President and Advisor in ACyTALE, The Food Science and Technology Association – part of the University of León in Spain. He later coordinated projects for Aqgri, developing a SaaS to improve quality processes in the agri-food sector. During this period, he also collaborated with Ceteris Paribus as a consultant on different European projects such as Horizon2020, Erasmus Plus and Fiware.
Serial entrepreneur Eloi Gómez Cal (Santiago de Compostela, 1992) holds a double Bachelor’s degree in Economics and Food Science and Technology. He worked as President and Advisor in ACyTALE, The Food Science and Technology Association – part of the University of León in Spain. He later coordinated projects for Aqgri, developing a SaaS to improve quality processes in the agri-food sector. During this period, he also collaborated with Ceteris Paribus as a consultant on different European projects such as Horizon2020, Erasmus Plus and Fiware.
Chief Project Manager and co-founder of IXON Food Technology
Elton Ho completed a master’s in food analysis and food safety management at Hong Kong Baptist University in 2015. Ho met Felix Cheung during the master’s program and they continued to develop the advanced sous-vide aseptic packaging (ASAP) technology after their graduation. They went on to co-found IXON Food Technology in January 2017, with funding from an angel investor.Ho had previously worked as a laboratory supervisor for nine years at the Vegetable Marketing Organization (VMO), monitoring the levels of pesticide chemical residues and heavy metals in domestic and imported fruits and vegetables. The VMO is a self-financing, non-profit organization established in 1946 to support local vegetable wholesalers and customers in Hong Kong. It also ensures food safety standards compliance and supports the sustainable development of local agriculture.
Elton Ho completed a master’s in food analysis and food safety management at Hong Kong Baptist University in 2015. Ho met Felix Cheung during the master’s program and they continued to develop the advanced sous-vide aseptic packaging (ASAP) technology after their graduation. They went on to co-found IXON Food Technology in January 2017, with funding from an angel investor.Ho had previously worked as a laboratory supervisor for nine years at the Vegetable Marketing Organization (VMO), monitoring the levels of pesticide chemical residues and heavy metals in domestic and imported fruits and vegetables. The VMO is a self-financing, non-profit organization established in 1946 to support local vegetable wholesalers and customers in Hong Kong. It also ensures food safety standards compliance and supports the sustainable development of local agriculture.
Natural Machines is launching the world’s first commercial 3D food printing and laser beam cooking machine for affordable, personalized meals, endorsed by Michelin-starred restaurants.
Natural Machines is launching the world’s first commercial 3D food printing and laser beam cooking machine for affordable, personalized meals, endorsed by Michelin-starred restaurants.
CEO and co-founder of IXON Food Technology
Felix Cheung graduated in physics from Adelaide’s Flinders University in 1999 and obtained a PhD in physics from the University of Sydney in 2005. He obtained a master’s in food analysis and food safety management from Hong Kong Baptist University in 2015. Cheung met Elton Ho during the master’s program at university and they teamed up to co-develop the advanced sous-vide aseptic packaging (ASAP) technology. In January 2017, they established IXON Food Technology to further develop and commercialize ASAP for the food industry.Cheung previously worked as a website designer and administrator at the Complex Plasma Laboratory, University of Sydney, from 2002–2006. He was also an editor at Macmillan Science Communication for one year before joining the Springer Nature publishing group to work as editor at Nature China from 2007–2014.
Felix Cheung graduated in physics from Adelaide’s Flinders University in 1999 and obtained a PhD in physics from the University of Sydney in 2005. He obtained a master’s in food analysis and food safety management from Hong Kong Baptist University in 2015. Cheung met Elton Ho during the master’s program at university and they teamed up to co-develop the advanced sous-vide aseptic packaging (ASAP) technology. In January 2017, they established IXON Food Technology to further develop and commercialize ASAP for the food industry.Cheung previously worked as a website designer and administrator at the Complex Plasma Laboratory, University of Sydney, from 2002–2006. He was also an editor at Macmillan Science Communication for one year before joining the Springer Nature publishing group to work as editor at Nature China from 2007–2014.
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.
Agritech from Myanmar to Indonesia and beyond: Interview with Jefry Pratama, UMG Idealab
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Circular economy: Discarded goods get a new lease of life in Spain
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Neil Shen: The super unicorn hunter
His bet on ByteDance, the startup that gave the world TikTok, helped Neil Shen top this year's Forbes Midas List. But for Shen, even in that deal he once made the wrong call
China’s startups have much to gain from the US-China trade war
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Patamar Capital’s impact investing: On preferred business model, backing women, Mapan
The pioneer in impact investing in Asia gives us the lowdown on its investment criteria, its new focus on women entrepreneurs and related sectors, how it helps its portfolio companies and more
Smart Agrifood 2021: SVG Ventures's Hartnett, Land O'Lakes's Bekele on disruption in agrifood chain
How US farming cooperative Land O'Lakes and leading CPG brands are working with famers and tech firms to overcome agritech challenges, transform the whole value chain
Santara: Sharia-inspired equity crowdfunding for Indonesia's MSMEs
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South Summit 2021: Lessons in expanding to Asia from experts on the ground
Cast aside your Eurocentric mindsets, China-based SOSV’s Oscar Ramos and Brinc’s Heriberto Saldivar tell startups, why they should expand to the region, and how best to do it
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