E-pitching event | Best EU-backed University Spin-offs
We are glad to introduce, with the European Commission’s support, our second e-pitching event dedicated to University Spin-offs, hosted by EurA AG. This event will take place on 24 September 2024 from 10:30 AM to 12:00 PM (CET) and will gather six of the most innovative EU-funded spin-offs and a panel of invited jury members. The six innovators will present their groundbreaking projects in fields such as Scientific Instrumentation, Nanotechnology, Healthtech, Medtech, Environment, Internet of Things (IoT), Wearables, High Performance Computing, Artificial Intelligence (AI), and Semiconductors.
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The OECD Policy brief Advancing the Entrepreneurial University: Lessons learned from 13 HEInnovate Country Reviews states that there are many examples of higher education institutions (HEIs) promoting entrepreneurship and innovation. Many of these institutions are leading globally in defining what it means to be an entrepreneurial university. Entrepreneurship education has expanded beyond business schools, reaching various universities and faculties, and fostering innovations in teaching, research, and stakeholder engagement. Through an entrepreneurial approach, HEIs are redefining their roles with internal and external stakeholders, leveraging resources to create entrepreneurial ecosystems. They collaborate with employers to understand labour market needs, aid in the development of new industrial clusters, and partner with governments to tackle significant social issues.
Researchers Albena Vutsova and Martina Arabadzhieva defend that research spin-offs serve as a crucial link between academic research and practical application, facing the challenge of adopting a management style suitable for rapidly changing markets and addressing social issues. Their success depends on enhancing behavioural factors and focusing on explicit development aspects. These spin-offs can boost regional development by circulating knowledge and improving the local innovation ecosystem, attracting more firms, and driving economic growth. To foster regional innovation and economic progress, spin-offs must improve internal management competencies. Strengthening ties with local clusters, small and medium enterprises, NGOs, and startups can enhance regional status and promote eco-innovation. Adapting to digital transformation and creating high-tech products and services for the digital economy is increasingly crucial in the current landscape (Vutsova & Arabdzhieva).
In March 2024, the European Commission released the Recommendation 2024/774 on a Code of Practice on industry-academia co-creation for knowledge valorisation, highlighting the importance of raising awareness on the mutual-creation opportunities that industry-academia co-creation can offer, including through the development of spin-offs, and addressing the need to foster strategic thinking and entrepreneurial skills for students and researchers to develop spin-offs and startups based on innovative products and services, bringing their research results into practical applications on the market, amongst other recommendations.
Dealflow.eu’s upcoming e-pitching will feature the following University spin-offs:
Invisible-Light Labs – Scientific Instrumentation / Nanotechnology
EMILIE, Invisible-Light Labs’ innovative nanomechanical infrared analyser, is a highly sensitive, rapid, and cost-efficient tool for nanomaterials characterisation. Its breakthrough technology is a game-changer for the analysis of nanoparticles and nanomaterials, such as ultrafine aerosols, nanoplastics, nanocontaminants, and nanopharmaceuticals.
EIC Seal of excellence, EIC Transition, Forbes DACH spinoffs to watch.
€800k sought – Austria
expressTEC – Healthtech
expressTEC develops innovative RNA-based genetic tests that slash trial and error in cancer treatment selection. Their innovative approach will help to optimise treatment outcomes, reduce side effects, and ultimately improve the quality of life for cancer patients.
Winner of the Santander X Global Award 2024, Altice International Innovation Award 2023, Women TechEU 2023.
€2M sought – Portugal
Kanop – Environment
Kanop is an AI-powered platform leveraging satellite data to provide accurate, scalable measurement of climate and biodiversity impacts. Its technology enables cost-effective monitoring and reporting for nature-based solutions, helping organisations meet sustainability regulations and drive positive climate action. With a growing customer base and scientific validation, Kanop is democratising access to high-quality environmental analytics at the site level.
EUSPA Cassini Prize, Innov’Up Leader PIA (Bpifrance).
€2,5M sought – France
TracXon – IoT / Wearables / Healthcare
TracXon fabricates the future of electronics, one that is unlimited in form factor and functionality, while being highly sustainable. TracXon leverages nearly 2 decades of R&D at TNO, a leading European RTO, to replace the traditional circuit boards by fully additive printing technologies. They are the only company in the world capable of producing complex, multi-layered circuitry on flexible plastic films in a roll-to-roll manner. Being fully additive and recyclable, their technology is leading the charge towards Sustainable Electronics.
Winner of (1) ASML Young Makers Award, (2) Gerard and Anton Prize, (3) Academic Start-up Competition organized by TechLeap and ScaleNL.
€4M sought – The Netherlands
SoundCell – Medtech
SoundCell uses graphene technology with single cell bacterial sensitivity for rapid antibiotic sensitivity testing, bringing the time required to obtain a correct prescription from days to one hour.
Philips Innovation Prize 2024 winner.
€4M sought – The Netherlands
SpiNNcloud Systems – High Performance Computing / AI / Semiconductors
SpiNNcloud Systems builds computing hardware for the next generation of artificial intelligence.
€10M sought – Germany
More about the Innovation Radar
The Innovation Radar is a European Commission initiative to identify high potential innovations and innovators in EU-funded research and innovation projects. Its goal is to allow every citizen, public official, professional and businessperson to discover the outputs of EU innovation funding and give them a chance to seek out innovators who could follow in the footsteps of companies such as Skype, TomTom, ARM Holdings, all of whom received EU funding in their early days.
To learn more about the Innovation Radar, visit https://www.innoradar.eu/
More about Dealflow.eu
Supported by the European Commission, Dealflow.eu discovers and supports the most promising EU-funded startups and connects them with relevant investors and corporates. The initiative was launched to help groundbreaking innovations secure the funding needed for their future commercialisation by offering them tailored support and matchmaking services.
To learn more about Dealflow.eu, visit https://dealflow.eu/
