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25 top European A.I. startups Cutting edge development paving the way in the new world

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The development of Artificial Intelligence and its uses has literally exploded in the past few years.

There are now innumerable companies that are either utilising some form of A.I. or developing it – and we are still only scratching the surface of its potential.

This is a worldwide phenomenon, but for today, we are looking at some of the best companies in the A.I. business from around Europe.


Ada Health

Ada Health is a digital health company founded by doctors, scientists and industry pioneers to help improve clients’ personal health. Ada uses an AI platform to diagnose symptoms and offer treatment advice to users. Their core system integrates medical knowledge and artificial intelligence to empower people to actively manage their health and medical professionals to deliver effective care.

Ada Health

Founded:

2011 – Berlin, Berlin, Germany

Claire Novorol, Daniel Nathrath, Martin Hirsch

Total funding: $159.5m

Web: https://ada.com/


Aidence

Aidence is a Dutch startup that is improving healthcare using Computer-Aided Diagnostics.  Aidence develops AI-based clinical applications for the oncology pathway. Their first solution is Veye Lung Nodules, an AI-based solution for pulmonary nodule management on chest CTs.  Aidence’s software is built on Deep Learning, a cutting edge form of AI to train computers to read medical images and automatically provide structured reports.

Ada Health

Founded:

2015 – Amsterdam, Noord-Holland, The Netherlands

Jeroen van Duffelen, Jeroen Van Duffelen, Mark-Jan Harte

Total funding: $14m

Web: https://aidence.com/


AImotive

AImotive is an independent company based in Hungary that is developing automated self-driving software. AImotive is using its expertise in AI, sensorfusion, 3D graphics and real-world automated driving workloads to develop its proprietary simulation tools and neural network acceleration hardware IP, to advance automated driving technology. AImotive has products which are scalable, modular and hardware agnostic; and suited to all forms of industry collaboration.

AImotive

Founded:

2015 – Budapest, Hungary

Laszlo Kishonti

Total funding: $67.7m

Web: https://aimotive.com/


Another Brain

Another Brain is a French AI startup that develops artificial intelligence ‘in a way far beyond deep learning.’ Their technology is inspired by the human brain and is designed to be longer-lasting, more energy-efficient, data-efficient, and secure than preceding technologies. Another Brain has developed and invented a chip that helps manufacturers to automate their product line and that has the ability to program smart sensor applications with automatic and embedded pattern recognition. Another Brain’s developments can benefit many industries including automotive, industrial automation and healthcare.

Another Brain

Founded:

2017 – Paris, Ile-de-France, France

Bruno Maisonnier

Total funding: €32.5m

Web: https://anotherbrain.ai


Attention Insight

Attention Insight is a Lithuanian startup that is improving advertising campaign results and design performance using pre-launch analytics. Attention Insight’s revolutionary visual attention prediction algorithm is based on deep learning. The AI-powered algorithm can accurately predict where people will look while engaging in content, in a matter of minutes.

Attention Insight

Founded:

2019 – Vilnius, Vilniaus Apskritis, Lithuania

Kamile Jokubaite

Total funding: $1.1m

Web: https://www.attentioninsight.com


Biomatter Designs

The Lithuanian startup Biomatter Designs is pioneering the technologies for generative protein design at the intersection of synthetic biology and artificial intelligence. Biomatter Designs develops experimental tools to efficiently collect biological data, while their AI generative platform converts this data into knowledge. The startup is enthusiastic about shifting the paradigm in protein engineering towards using AI for generative protein design, to form solutions for the healthcare and environmental sectors.

Biomatter Designs

Founded:

2018 – Vilnius, Vilniaus Apskritis, Lithuania

Laurynas Karpus

Total funding: €500k

Web: https://www.biomatterdesigns.com


EdgeTier

EdgeTier is a Dublin-based company pioneering human-centric artificial intelligence to deliver high-quality analytics to our consumer-based clients. EdgeTier integrates domain knowledge and specialist technical skills to deliver statistical insights and predictive models to provide better customer service. EdgeTier has also used AI to create an automated agent assistant caller Arthur, which works with customer service agents to answer customer queries with efficient, accurate, and personal answers, which benefits the client by reducing handling times.

EdgeTier

Founded:

2015 – Dublin, Ireland

Bart Lehane, Ciaran Tobin, Shane Lynn

Total funding: n/k

Web: https://www.edgetier.com


Heuritech

Heuritech is a French fashion technology company that provides brands with AI-driven predictive analytics on trends and products. Heuritech processes social media data using AI to then provide meaningful insights into fashion trends. With these AI-driven analytics, Heuritech empowers fashion brands to forecast trends to produce products sustainably and gain a competitive advantage.

Heuritech

Founded:

2013 – Paris, Ile-de-France, France

Charles Ollion, Tony Pinville

Total funding: $5.7m

Web: https://www.heuritech.com


Hypatos

Hypatos is a process automation startup that was founded in 2018 in Berlin, with the aim of using AI to empower businesses to process their financial documentation at a faster rate. Hypatos applies language processing AI and computer vision technologies for a more rapid approach towards financial document processing, in such use cases as invoices, travel and expense management, loan application validation, and insurance claims.

Hypatos

Founded:

2018 – Berlin, Berlin, Germany

Janosch Novak, Uli Erxleben

Total funding: €10m

Web: https://hypatos.ai


Inkitt

Inkitt is a German AI-driven publishing platform. Inkitt’s vision is to give every author a fair chance to succeed. To achieve its vision, Inkitt develops and employs a computer algorithm that predicts book success based on reader behaviour data analysis.

Inkitt

Founded:

2014 – Berlin, Berlin, Germany

Ali Albazaz

Total funding: $21m

Web: https://www.inkitt.com


Kayrros

Kayrros is an advanced data analytics company with the goal of helping global energy market participants to make better investment decisions with its real-time, scalable solutions. The experts at Kayrros extract value from the integration of alternative and market data into unique product offerings across the energy chain. Kayrros is headquartered in Paris and also has offices in Houston, London, New York, and Singapore.

Kayrros

Founded:

2016 – Paris, Ile-de-France, France

Alexandre d’Aspremont, Antoine Halff, Antoine Rostand, Jean-Michel Lasry, Laurent El Ghaoui

Total funding: $34.5m

Web: https://www.kayrros.com


KONUX

KONUX is a German AI scale-up that uses smart sensors and machine learning to transform railway operations for a sustainable future. The software platform combines Machine Learning and IoT to improve rail travel by increasing capacity, reliability, and cost-efficiency. KONUX was deemed to be one of the world’s 30 most innovative start-ups and scale-ups worldwide by the World Economic Forum.

Konux

Founded:

2014 – Munich, Bayern, Germany

Andreas Kunze, Dennis Humhal, Maximilian Hasler, Michael Wax, Vlad Lata

Total funding: $130.6m

Web: https://konux.com


Mapillary

Mapillary is a Swedish company that has created a street-level imagery platform that uses user-contributed photos to enable everyone to collect, share, and use street-level imagery. The public contributes their photos and Mapillary amalgamates these images to visually recreate the world. This simulation of the world made from photo contributions produces map data for improving maps, developing cities, and progressing the automotive industry. So far, more than 500 million images have been contributed to Mapillary by people across the globe.

Mapillary

Founded:

2013 – Malmö, Skane Lan, Sweden

Jan Erik Solem, Johan Gyllenspetz, Peter Neubauer, Yubin Kuang

Total funding: $24.6m

Web: https://www.mapillary.com


Mostly AI

Mostly AI is an Austrian startup that is working to enable privacy-preserving big data applications in the digital age. Mostly AI leverages cutting-edge generative deep neural networks with an in-built privacy mechanism to retain valuable information while rendering the re-identification of any individual impossible.  Mostly AI’s GPU-powered technology allows organisations to simulate highly realistic and anonymous synthetic customer data at scale.

Mostly AI

Founded:

2017 – Vienna, Wien, Austria

Klaudius Kalcher, Michael Platzer, Roland Boubela

Total funding: $6.1m

Web: https://www.mostly.ai


NavVis

NavVis is a German company that offers indoor spatial intelligence solutions for enterprises. NavVis has developed a digital twin platform that enables accurate mapping at record speed and scale and an immersive 3D visualisation. With these technologies, NavVis not only pioneers location-based apps but empowers enterprises to improve their business performance and efficiency. In only eight years, NavVis has become a leading global provider of indoor special intelligence systems.

NavVis

Founded:

2013 – Munich, Bayern, Germany

Felix Reinshagen, Georg Schroth, Robert Huitl, Sebastian Hilsenbeck

Total funding: $68.2m

Web: https://www.navvis.com


Owlin

Owlin is a news and text- analytics company, which helps finance professionals by monitoring large portfolios to detect early warning signals of potential risk, and also by creating opportunities to nurture current investments. Owlin taps into more than three million global internet sources across 12 languages to provide clients with actionable insights in near real-time.

Owlin

Founded:

2012 – Amsterdam, Noord-Holland, The Netherlands

Bas van Ooyen, Richard Kraaijenhagen, Sjoerd Leemhuis

Total funding: $3.8m

Web: https://www.owlin.com


Photoneo

Photoneo is a Slovakian company that provides robotic vision and intelligence, based on its patented 3D technology. Photoneo has developed an exceptionally accurate and high-resolution 3D camera, to drive powerful, reliable, and fast machine learning. Photoneo’s technology also reduces the training and deployment time. Companies in the automotive, logistics, e-commerce, food, and medical sectors can enhance their performance and efficiency by utilising Photoneo’s intelligent robots.

Photoneo

Founded:

2013 – Bratislava, Bratislava, Slovakia

Jan Zizka, Michal Maly, Tomas Kovacovsky

Total funding: €11.1m

Web: https://www.photoneo.com


Prophesee

Prophesee is a French company that is pioneering bio-inspired computer vision solutions for the automotive and connected objects industries.  Prophesee’s machine vision sensors and systems are inspired by biological eyes and are replicate the way eyes acquire and process visual information. The AI-driven sensors and cameras are designed for applications in all fields of machine vision such as autonomous vehicles, industrial automation, and surveillance.

Prophesee

Founded:

2014 – Paris, Ile-de-France, France

Bernard Gilly, Christoph Posch, Luca Verre, Ryad Benosman

Total funding: $65.3m

Web: https://www.prophesee.ai


Shift Technology

Shift Technology is a French company that provides AI-driven decision automation and optimisation technology. Shift Technology’s AI-driven automation and optimisation is tailored to the global insurance industry by addressing crucial processes across the insurance policy lifecycle. The company’s AI-powered technology aids its clients in achieving accurate claims and policy resolutions at a faster rate.

Shift Technology

Founded:

2013 – Paris, Ile-de-France, France

David Durrleman, Eric Sibony, Jeremy Jawish

Total funding: $320m

Web: https://www.shift-technology.com


SignAll

SignAll is a groundbreaking company developing the first automatic sign language translation solution to improve the quality of life for deaf people and break down barriers to communication. SignAll’s real-time sign-language translator uses four different cameras to capture body movement, hand shapes, and facial expressions, which are then translated into a chat dialogue. This solution benefits both the deaf person and the hearing person, as it picks up the hearing person’s speech by voice recognition. There is a screen that displays the whole chat.

SignAll

Founded:

2016 – Budapest, Budapest, Hungary

János Rovnyai, Zsolt Robotka

Total funding: €3m

Web: https://www.signall.us


Tinyclues

Tinyclues helps brands to scale their customer marketing with their AI solution that predicts unexpressed customer demand. Tinyclues helps consumer-focused brands to predict their optimal channels for customer marketing, to increase the efficiency of their marketing efforts. Tinyclues also helps them to make the right decisions on CRM planning, tactical campaigns, and omnichannel customer activation.

Tinyclues

Founded:

2010 – Paris, Ile-de-France, France

Ardavan Beigui, David Bessis, Jakob Haesler

Total funding: $25.4m

Web: https://www.tinyclues.com


Trivi

Trivi is a Prague-based AI company offering financial services for small and medium businesses. Trivi aims to automate, simplify and improve all accounting and tax processes using artificial intelligence. The AI-driven financial services are centred on the provision of real-time, accurate data so that companies are empowered to make the right decisions, and take an efficient approach towards managing their business.

Trivi

Founded:

2015 – Praha, Hlavni mesto Praha, Czech Republic

Katarina Augustini

Total funding: $3.2m

Web: https://www.trivi.com


TypingDNA

TypingDNA is a Romanian startup that provides typing biometrics authentication as a service. Typing DNA’s AI records how people type, and compares it against previous recordings to configure typing biometrics which then enables companies to recognise people by how they type on keyboards. TypingDNA is designed for both PC and mobile.

TypingDNA

Founded:

2016 – Bucharest, Romania

Adrian Gheara, Cristian Tamas, Raul Popa

Total funding: $8.9m

Web: https://www.typingDNA.com


Veriff

Veriff is an Estonian startup using AI-powered Identity Verification Software to protect businesses and their customers against online identity fraud. Veriff develops a highly automated identity verification platform that combines machine learning and specialist knowledge to connect companies with honest customers. The AI provides immediate feedback, which is backed up by human verification to fraud-proof businesses.

Veriff

Founded:

2015 – Tallinn, Harjumaa, Estonia

Janer Gorohhov, Kaarel Kotkas

Total funding: $92.3m

Web: https://veriff.com


Yanu

Yanu is an Estonian startup that develops the fully autonomous A.I. and robot empowered bartending unit. The startup has noticed the increasing market share of the service industry and has used automation to engineer a solution to help clients improve business with their service robot: Yanu.

Yanu can serve drinks, handle payments, and identify and communicate with clients, resulting in a faster rate of service and the eradication of human error.

Veriff

Founded:

2016 – Tallinn, Harjumaa, Estonia

Alan Adojaan

Total funding: €1.9m

Web: https://yanu.ai


The list above includes startups that are taking A.I to new levels across Europe.

Splento can help to improve business for startups  –  by creating visual content, tools and resources to aid marketing, attract new clients, highlight USPs, promote other advantages and much more…

As part of that role, here is our free webinar on video content and how it can help your business – today. 

 

For all your visual content you can record your videos yourself, or if you prefer – contact Splento for help.

We are experts in visual content – we make videos that make your business grow.

 

Contact Splento today:



Data source: crunchbase.com

 

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