Every month, Vestbee evaluates the European startup landscape, identifying noteworthy startups in our Startups Of The Month series. In April, we spotlighted ten companies that develop, fintech, energy tech, and data management solutions.
In this edition, we showcase another ten startups worth your attention.
KyCheck
Headquartered in Budapest, KyCheck is developing B2B Compliance SaaS. The startup aims to help EU companies onboard customers and partners from Asia, Africa, and South America with ownership mapping, identity verification, and compliance reports. KyCheck’s SaaS tool includes APIs, along with client libraries, capture SDKs, and hosted solutions that ensure the clients can integrate quickly and effortlessly
DMI
Founded in 2023, during the war in Ukraine, the Ukrainian startup DMI develops an AI-based solution for improving communication in sales. Using Machine Learning algorithms, it recognizes key elements of conversations and analyzes their alignment with the sales script. AI enables the system to learn and improve with each interaction, ensuring continuous refinement of results. DMI's system is designed for various business industries where customer service is crucial. The startup’s team is located in Ukraine.
RedTrack
Lithuanian RedTrack is a media buying analytics and automation platform. It supports e-com, DTC and affiliate media-buyers with accurate tracking, attribution and campaign optimization solutions based on independently collected first party data. When combined with AI-assisted analytics and media buying automation, RedTrack users make a productivity leap in performance marketing.
E-TERRY
E-TERRY, a robotics startup based in Erfurt, is developing autonomous lightweight field robots that assist farmers in optimizing their fields economically and ecologically. By leveraging deep learning and cutting-edge computer vision technologies, the startup has also designed an open platform capable of automating a range of agricultural processes.
Univents
German startup Univents is developing a digital platform for the event management. Designed to streamline every phase of event organization, Univents offers comprehensive features to simplify planning, execution, and analysis for event locations, agencies, and caterers. Key features include booking management, inventory management, financial tools, and real-time collaboration. Univents focuses on reducing workload, minimizing errors, and improving overall efficiency, uniting all stakeholders within the event sector to enhance collaboration and success.
MatLogica
UK-based MatLogica revolutionizes the way quantitative and scientific software is developed by making software optimizations a thing of the past. Its patented just-in-time compiler speeds up complex repetitive calculations by 100x+ and enables Automatic Adjoint Differentiation (backpropagation), the startup says. MatLogica's first customers include top-tier investment banks, supercharging their pricing and risk computations while cutting cloud costs by over 50%, and leading academic institutions.
VitVito
A US/UK company with its HQ in London, VitVio develops AI and computer vision platform for surgical operating rooms. The platform autonomously tracks and analyzes surgical procedures, tool usage, and surgical protocols in real-time to increase the number of surgeries performed per day, reduce delays, improve communication actionability, and reduce the likelihood of readmissions.
Pasyc
Pasyc, a Norwegian B2B SaaS startup, offers a cutting-edge platform that, combined with its IP licenses, facilitates on-demand local production. This approach eliminates the need for physical warehousing and significantly reduces production and transport times. With Pasyc's solution, businesses can streamline their production processes and respond swiftly to market demands, enhancing efficiency and reducing environmental impact.
MinervaS
Italy-based startup MinervaS offers on-board solutions for reducing CO2 and energy consumption in the road transport sector up to 30%. Its products cater to all vehicle types, including conventional, hybrid, electric, and fuel cells, light or heavy-duty. MinervaS's suite includes smart mobility solutions like the Green Box On-Board-Unit (ADAS technology), which optimizes in real-time speed and acceleration through a context-aware approach (electronic horizon).
tomtA.ai
tomtA.ai generates safe data from sensitive data so that it’s safe for ML innovation workflows never before possible. Enterprises can measure and manage data accuracy, utility, and privacy to satisfy data owners and data consumers inside and outside the enterprise to comply with data privacy laws like GDPR. tomtA.ai achieves data fidelity with accuracy, utility and privacy that measures 10-20% higher than leading synthetic data solutions. The startup claims, its superpower is preserving all rare instances of customers’ data — something not possible with synthetic data products. Data scientists must identify and preserve rare instances in datasets to solve critical problems in many use cases such as rare disease, fraud, or security detection within an AI/ML task.