Each month, Vestbee analyzes the European startup ecosystem to find startups worth your attention. In November 2023, we featured ten companies that contributed to the development of AI, the region's sharing economy, fintech, as well as greentech sectors.
In this edition, we highlight another ten interesting startups you should keep an eye on.
AutonomyNow
AutonomyNow provides AI systems for automotive to automatically monitor a vehicle's surroundings and in case of danger, alert the driver and start the deceleration process. The ADAS System by AutonomyNow enables higher level of safety on the roads by the use of Machine Learning and original algorithms for Pedestrian and Cyclist detection, Front Collision Warning, Autonomous Emergency Braking with adapted deceleration profile for either City Buses or Trucks / Coaches, Driver Drowsiness, Distraction Warning.
DiamonTech
DiamonTech has developed a medical device designed for the non-invasive measurement of blood sugar levels, eliminating the need for traditional finger-pricking methods. Our overarching objective is to offer individuals worldwide, particularly those managing diabetes, a technology that facilitates blood glucose management without the use of needles, finger pricking, or test strips. Leveraging patented mid-infrared technology, our device enables a seamless and user-friendly experience, comparable to the simplicity of a smartphone's fingerprint sensor.
RespoVision
RespoVision utilizes state-of-the-art Deep Learning algorithms to autonomously generate 3D skeletal tracking data from sporting events. This data is then analyzed, offering clients the insights in a scalable and cost-effective manner. The system adeptly identifies the 3D positions of the ball and over 50 body parts of each player in every video frame, using a single-camera video input — whether it's from a live TV broadcast, past recording, or training session. Operating fully automatically for any game, the system achieves accuracy measured in centimeters without the need for wearable sensors or expensive pre-installed cameras.
Biostra
Biostra excels in converting biowaste into a high-value, environmentally friendly fertilizer. The company's aim is to revolutionize waste management, contributing to a circular economy, minimizing environmental impact, and supporting agricultural productivity. Their process, transforming biowaste into Soilren fertilizer in under 7 minutes without chemicals or high temperatures, reflects our dedication to innovation and sustainability. This solution not only eradicates unpleasant odors associated with biowaste, elevating the quality of life in surrounding communities, but also positions our process as socially acceptable. Beyond addressing the global waste challenge, our technology enhances soil health, aiding farmers in achieving sustainable, higher yields.
Merqury
Merqury offers a fresh approach to in-person payments, providing a more affordable, faster, and secure alternative to card payments. Merqury facilitates instant transfers from your customer's bank account to your business account by leveraging Open Banking APIs. The Merqury app offers an all-in-one payments suite for small business, allowing your business to use simplified bank transfers to save money on card fees as well as run a loyalty program, send payments links to remote customers, and chase outstanding payments. Merqury is the better way to pay.
PhotoSyntetic
Based in Amsterdam, Photosynthetic is revolutionizing the industry of microfabrication by breaking down barriers currently preventing the mass production of complex microstructures. Photosynthetic has developed a novel microfabrication method in which a 3D structure is built using one million light beams, controlled by a proprietary computer algorithm. This allows Photosynthetic to print at speeds magnitudes faster than the best solutions available today, while maintaining the same sub-micron resolution.
PrecisionLoop
PrecisionLoop is a no-code Machine Learning as a Service platform that streamlines and accelerates results through automation and user-friendly interfaces. The startup’s goal is to bridge the gap between technology and society by enabling everyone to interact with AI systems effortlessly, without the need for technical expertise. This approach significantly reduces the setup and maintenance phases of Machine Learning projects, empowering companies to achieve a higher return on investment or even kickstart initiatives with reduced costs.
Vabble
Based in the UK, vabble.io is a fintech startup committed to increasing sustainable trade finance for growing export companies around the world. vabble has created an automated, user-friendly platform that monetizes exporter invoices, turning them into digital assets that offer attractive, uncorrelated and consistent returns to pension funds and other institutional investors. Coupling a unique legal framework with the power of Blockchain + AI technology, vabble streamlines the process, making it hassle-free for both exporter and investor.
Cequence
Cequence is a Contract Lifecycle Management platform rooted in Central and Eastern Europe. Platform revolutionizes contract management by automating manual tasks, streamlining workflows, and eradicating human errors. Whether you're a small business or a global player, Cequence seamlessly integrates a consumer-like experience with robust enterprise-grade tools, leveraging the latest technologies such as AI, ML, and Natural Language Processing.
Pwnedlabs
Pwnedlabs is a B2B and B2C edtech and cyberattack simulation company, carving a niche in the high-value and rapidly growing enterprise resilience sector. Pwned Labs' mission is to address this pain head on, leveraging the combined power of AI & human readiness to get businesses ahead of the threat curve. With gamified upskilling and attack simulation, their innovative platform will get employees threat-ready, while unparalleled attack data generated by the largest community of hackers and defenders will be used to train AI to defend against AI attacks.
Related Posts:
Startups Of The Month - November 2023 (by Sofia Drobychevskaya, Editor Vestbee)
Startups Of The Month - October 2023 (by Sofia Drobychevskaya, Editor Vestbee)
Startups Of The Month - September 2023 (by Sofia Drobychevskaya, Editor Vestbee)
