AEInnova develops the most advanced batteryless &a; maintenace-free iIoT self-powered by heat, wind or sun, being in the Top 30 EU Scale-ups
Business Model: Non-Profit
Revenue: $0
Employees: 11-50
Address:
City: Terrassa
State: Catalonia
Zip:
Country: Spain
Founded in 2014 in the Microelectronics Department of the Autonomous University of Barcelona by 4 PhDs in microelectronics and 4 engineers in electronics, telecom, mechanical, industrial and computer science, working in WSN and Energy harvesting projects, several with the European Agency of Space. AEInnova redefines the iIoT creating the most advanced device for predictive maintenance. It is fully battery-less, free of maintenance and completely autonomous and self-powered. The solution called InduEye allows vibration monitoring, steam trap monitoring, thermal monitoring being all of them powered by Waste Heat (and new versions with solar PV and Wind). Its main innovation comes from his patent (accepted in the US, Canada, and EU) that allows multiplying the performance of the device compared to any other competitor. that is summarized allowing full edge computing (FFT in real-time, Velocity in RSM in real-time, etc), using the most advanced wireless standards such us LoRaWAN or NB-IoT / LTE-CAT M, allowing communications every few seconds of latency. The solution has the CE MARK and the ATEX / IECEX certification. FCC ongoing. The technology is working in real industrial facilities in the following customers: + Oil&a;Gas (Repsol SA, Cepsa SA, ILBOC oil refineries). + aluminium (Derichebourg). + IRON &a; Steel (Celsa SA). + Paper (Gomà Camps SA). + Rubber &a; tyres (Sacyr Valoriza, Cirtec). + Leachate plants (Ferrovial Servicios). + Water Treatment plants (Aigues de Mataró). + Coal Power plants (ENEL). + Chemical plant (ERCROS). + Soybean plant (BUNGE). + Subway (Metro Barcelona). + Cement and concrete (Ciments Molins, Promsa). Data of AEinnova&s;s IoT devices are represented in one of the most advanced IoT cloud-based dashboards in the market, with full data analytics, alarms, alerts, environmental impact analysis (LCA), and predictive maintenance tools. AEInnova is a TOP EU leading scale-up awarded by 27 international prizes due to its innovative technology (IoT World Cup, Santander X, United Nations Global Compact, Industrial Internet Consortium, United Nations Ideas 4 Change, Green Building Council, Repsol Foundation, EBAN, 6 seals of excellence from the European Comissions, etc). In 2022 it is ranked in the Top 30 EU Scale-ups and in the Top 10 in sustainability, being the TOP EU Innovator in Autonomous Sensor. In 2021 AEInnova has been one of the 24 EU Scale-ups being directly invested by the European Commission EIC Fund. In 2022 it&s;s in fund-raising for 5M€ round A. In 2022 we are working on 5 big EU R&a;D projects related to Energy Harvesting and IoT). One of them is called Harvestore.eu, being AEInnova technology partners with the Top EU research institutes of the Imperial College of London, TU Wien, Conventry University, IMEC, CNRS, Horiba, CSIC, etc) being the world lighthouse project in energy harvesting and IoT ever developed.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 2/2017 | Seed Round | $269.2k | 11/2014 | Private Equity Round | 1 | $125.2k |
InnoEnergy InnoEnergy |
10/2015 | Grant | 1 | $79.9k |
EASME - EU Executive Agency for SMEs EASME - EU Executive Agency for SMEs |
10/2014 | Pre Seed Round | $14k | 1/2015 | Grant | 1 | $343.7k |
Fundación REPSOL Fundación REPSOL |
1/2018 | Grant | 1 | $804.7k |
European Commission European Commission European Commission European Commission |
1/2020 | Series A | 1 | $443.4k |
InnoEnergy InnoEnergy |
1/2019 | Grant | 1 | $343.8k |
European Commission European Commission |
10/2015 | Seed Round | $33.6k | 10/2016 | Seed Round | $264.1k | 9/2019 | Seed Round | $439.6k | 11/2019 | Grant | $566.2k | 2/2021 | Series A | 2 | $1.5M |
European Commission IESE BAN European Commission IESE BAN |
9/2017 | Seed Round | $275k | 5/2018 | Seed Round | 1 | $1.2M |
Banco Sabadell Banco Sabadell Banco Sabadell Banco Sabadell |
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