From AI in legal tech to converting CO2 into bioplastic, these European startups have become technology pioneers in 2019

From AI in legal tech to converting CO2 into bioplastic, these European startups have become technology pioneers in 2019

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Being a startup can be truly difficult, there’s the initial financial crunch and toiling away for hours on end. However, there are some events that take note of such companies who have proven how their idea can work wonders.

Every year, the World Economic Forum announces its Technology Pioneers and this year, 56 new startups have made it to the list. Here are all the European startups from the list, which are the World Economic Forum‘s Technology Pioneers of 2019.

Bitfury (Amsterdam, Netherlands)

Founders: Valery Vavilov

Founded in 2011, Bitfury develops and delivers blockchain hardware and software solutions. Its offerings are used by businesses, governments, organizations and individuals to securely move assets across the blockchain. The company aims to deliver connectivity to the blockchain in a successful, easy, fast, secure and cost-effective manner.

Black Bear Carbon (Nederweert, Netherlands)

Founders: Martijn Lopes Cardozo

Tyre recycling is an important aspect of saving the environment and the startup Black Bear Carbon is here to help. The company harvests all the valuable materials inside a tyre to produce recovered carbon black (rCB), oil and gas. This converts to saving more carbon-di-oxide than what three million trees can consume, with one of the company’s installation.

Callsign (London, United Kingdom)

Founders: Zia Hayat

Callsign aims to revolutionise how people digitally identify themselves. The startup’s service can identify if someone is who they claim to be by analysing thousands of available data points such as location, online habits, face recognition, typing or swiping techniques, devices and even passwords.

Garrison (London, United Kingdom)

Founders: David Garfield

The startup Garrison has come up with a unique way to enable secure internet access. It is said to enable national security grade cyber protection to the mainstream market with the help of hardware security, which does not rely on software. The startup is so confident in its tech that it claims that fortified with its services, clicking even the most dangerous links won’t put data or systems at risk.

ICEYE (Espoo, Finland)

Founders: Rafal Modrzewski

Satellite imagery is a critical component of some government and commercial industries. ICEYE enables access to it in a timely and reliable manner by launching the synthetic-aperture radar (SAR) satellite constellation. ICEYE also claims to be the first company in the world to successfully launch SAR satellites and have the launch mass under 100 kilograms.

Luminance Technologies (London, United Kingdom)

Founders: Emily Foges

Artificial Intelligence is being used everywhere and Luminance Technologies uses it for the legal profession. The startup’s machine learning capabilities are apparently transforming document review for lawyers globally. The tech it offers was developed at the University of Cambridge and it is said to read and understand legal language similar to the human brain.

Open Mineral (Baar, Switzerland)

Founders: Boris Eykher

Founded in 2016, Open Mineral is a startup that is disrupting how base metal commodities are traded. The company’s Open Mineral Exchange (OME) B2B platform is touted to increase transparency and matches metal raw commodity supply and demand globally.

Photanol (Amsterdam, Netherlands)

Founders: Véronique De Bruijn

Using sunlight, carbon dioxide and bacteria, the Amsterdam based startup Photanol has managed to come up with a way to transform carbon dioxide to a valuable product. The startup has proprietary engineered cyanobacteria that it uses to process carbon dioxide (CO2) and sunlight into valuable chemicals.

Volocopter (Bruchsal, Germany)

Founders: Florian Reuter

Urban air mobility services is a new concept that the startup Volocopter is banking upon. The company aims to use its own hubs to connect vital intersections, relieve congestion and redefine the way people move in urban areas. The company’s certified multicopter is also completely electric.

Stay tuned to Silicon Canals for more updates in the tech startup world.

Also read,

French deep tech AI scaleup METRON raises €10M funding, aims to expand globally now

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