IoT startups 2019- European tech start-ups are demonstrating an instinctive approach to new hardware and technologies spurred on by the internet of things.
Europe’s tradition of quality engineering and innovation that extends back hundreds of years is re-emerging through a digital lens.
Across Europe, hardware start-ups and internet of things (IoT) players are coming up with new sensors, vehicles, drones and systems that will transform, enable, and hopefully nurture and protect human life as we progress into the 21st century and beyond.
This listing is part of our Europe Start-up 100 series for 2019, which every day this week is focusing on a different list, including e-commerce and fintech, deep tech, and medtech and life sciences start-ups. On Friday (25 January), we will publish our full Europe Start-up 100 list of the ones to watch.
Remember, these lists are not absolute because they are only a dip in the ocean of European innovation. As such, they are devised to give you a flavour of the kind of activity that is happening.
And so, here are our 25 European IoT and hardware start-ups to watch in 2019.
UK-based start-up Animal Dynamics is a spin-out company from the Department of Zoology at Oxford University and was founded in 2015 by Prof Adrian Thomas and Alex Caccia. Animal Dynamics aims to design and develop super-efficient vehicles and systems such as drones, inspired by the deep study of evolutionary biomechanics. The company’s most recent funding was in November 2018 when it raised £6m in a Series A round led by Oxford Sciences Innovation, with participation from Kindred Capital and Australian investment company Tanarra Capital.
Agritech firm ApisProtect helps commercial beekeepers to more effectively manage colonies and optimise pollination. The Cork company’s in-hive sensor network uses long-range, cellular and satellite-powered communication to proactively monitor honeybee colonies. The brainchild of CEO Dr Fiona Edwards Murphy, ApisProtect announced plans in November to create 25 new jobs after closing a seed round from Finistere Ventures, Atlantic Bridge Capital, Radicle Growth, The Yield Lab and Enterprise Ireland.
Founded by George Varvarelis and Dimitri Evangelopoulos in 2016, Augmenta is focused on the agricultural IoT and automation space. It offers a plug-and-play device that is mounted to a tractor to scan crops, analysing 4K video data in real time. It aims to augment income for farmers, enabling them to boost production and enhance crop quality. Based in Athens, Augmenta also has an office in Austin, Texas. Last June, it raised $600,000 in a seed round from Marathon Venture Capital.
Based in Munich, German start-up Blickfeld is developing the high-tech systems needed to enable autonomous cars and robotics to ‘see’, packaged in low-cost devices suitable for mass production. Founded in 2017 by Dr Mathias Müller (CEO), Dr Florian Petit and Rolf Wojtech, the company’s product family uses proprietary LiDAR (light detection and ranging) technology based on patented silicon MEMS mirrors and commercial off-the-shelf components. Last summer, all of Blickfeld’s existing investors (Fluxunit, High-Tech Gründerfonds, Tengelmann Ventures and Unternehmertum Venture Capital Partners) participated in a further funding round, increasing the total kitty to $10m.