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The Venture Codex

Horizon 2020

Rue de la Loi / Wetstraat 200, Bruxelles, 1000, Belgium

Overview

Horizon 2020 is the biggest EU Research and Innovation program supporting University of Coimbra Olimpiada Economia

Total investments
5
Lead investments
1
Investments · 12mo
0
Active investors
0

Sector focus

  • Business Development
  • Government
  • Information Technology
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Investment portfolio

  • Diabeloop

    Participated · Grant · Nov 2019

    Diabeloop develops DBLG1, a closed-loop diabetes management system that integrates a continuous glucose sensor, an insulin pump and AI algorithms to automate insulin delivery for people with type 1 and highly unstable type 1 diabetes. The system’s algorithms analyze real-time glucose data and deliver personalized insulin doses based on patient parameters and entered information. DBLG1 completed clinical trials in 2017 and received CE marking in 2018. The solution is in use by more than 10,000 patients and has been deployed in France, Germany, Italy, Spain, Switzerland and the Netherlands. With a new €15 million funding round, the company intends to accelerate revenue growth of its closed-loop system and prepare the launch of DBLG2, an algorithm integrated into a smartphone app for Android and iOS. The company was founded in 2015 by Guillaume Charpentier and Erik Huneker and has appointed François Miceli as President and CEO. Diabeloop builds machine-learning software and CE-marked closed-loop systems (DBLG1 and DBL-hu) that connect continuous glucose monitors and insulin pumps to automate insulin delivery in real time. Its algorithms personalize therapy, reducing patient decision burden and aiming to improve clinical outcomes and quality of life. The company has commercially launched two products in Europe and was rapidly approaching 10,000 equipped patients one year after launch. Diabeloop also offers a CE-marked data-visualization telemedicine platform for clinicians and is adapting its core algorithm to the connected-pen market and developing smart-watch devices. Founded in 2015 and operating from Paris, the company employs over 160 people. The business plans to use new funding to accelerate commercial roll-out, international expansion and continued product development. Diabeloop is a Grenoble-based medical-technology spin-off founded in 2015 that develops the DBLG1, a hybrid closed-loop system for autonomous type 1 diabetes management. DBLG1 connects a continuous glucose monitor, an insulin patch pump and a locked-down handset that hosts a personalized, self-learning decision algorithm. The system uses layered safety mechanisms and machine-learning expert layers; Diabeloop owns related patents, some jointly with research partner CEA, and co-develops with CEA-Leti and CERITD. A randomized 68-person home trial published in The Lancet Digital Health showed significant improvement in glycemic control and reduced hypoglycemic risk; the study ran in 12 hospitals across France. Pediatric (ages 6–12) and highly unstable diabetes trials are ongoing, and the company plans a larger study for an FDA submission while pursuing reimbursement in France, discussions in Germany, and mid-term expansion across Europe. Diabeloop has also stated it will continue R&D to address other diabetes types and to further reduce the daily mental load of the disease.

  • Predictiva

    Participated · Equity · Aug 2019

    Predictiva develops Upbe.ai, a SaaS conversational intelligence solution that uses machine learning and natural language processing to extract contextual insights from call-center conversations. The platform converts conversations into conversational data to support decision-making, customer retention and loyalty strategies. Upbe.ai enables call-center clients to automate quality audits, reduce costs, improve team productivity and streamline processes like verification campaigns. Predictiva was founded in Marbella (Málaga) in 2016 and is led by Pablo Enciso. Financially, the company has completed a financing package totaling €4.0M comprising multiple public and private contributions. The raise includes a €2.4M tranche associated with Swanlaab, Sabadell and CDTI, €1.1M from the European Commission’s SME Instrument Phase 2, and €0.5M from Enisa. Predictiva is a Málaga-based startup whose flagship product, CLARA, uses machine learning and natural language processing to audit and extract data from thousands of customer–agent interactions. CLARA identifies whether incidents are resolved, measures customer satisfaction, checks accuracy of contractual information on calls, and analyzes patterns that drive phone-sales conversion. The company was founded in 2016 and launched in 2018. Predictiva raised a €2.6 million financing round, including a €1.1 million contribution from the Horizon 2020 programme. Investors in the round include Swanlaab Venture Factory and Sabadell Venture Capital. With the new funding the startup plans to expand internationally into the US and Latin America.

  • Hokodo

    Led · Grant · Jul 2019

    Hokodo offers a digital accounts receivable management platform that enables B2B merchants and marketplaces to provide instant and flexible payment terms. The platform consolidates payments, collections, credit insurance, fraud management and financing to facilitate instant B2B credit across sales channels. The company says its service drives customer growth by making business-to-business credit available across all sales channels. Fueled by growing buyer demand for omnichannel B2B experiences, Hokodo has recently developed new products and features for sales channels beyond online. On April 23, 2025, Hokodo raised €10M in funding. The company intends to use the proceeds to finance product innovation and increase operational capacity in preparation for a Series C round. Hokodo, established in 2018, provides a digital platform that enables B2B buyers across the UK and EU to defer payment by 30, 60 or 90 days and offers modular Pay in Instalments and Pay Now features. The platform streamlines the order-to-cash process, makes credit decisions in real time, protects merchants against bad debt, and offers working-capital finance options. Merchants that integrate with Hokodo see on average a 40% increase in revenues, and the company has processed payments for more than 50,000 business buyers. Hokodo has forged partnerships with BNP Paribas, Citi and SCOR, acquired a Lithuanian payments company in 2023 and became an EMI, and is expanding operations across Europe and North America. With a new €100 million debt facility from Viola Credit, Hokodo will facilitate more than €1.5 billion of B2B transactions over the next 24 months. The financing will support continued roll-out and expansion of its embedded Pay Later and Pay Now offerings for B2B merchants and marketplaces. Hokodo provides Buy Now, Pay Later solutions to the B2B market, enabling business customers to access instant, interest-free payment terms. The company serves merchants via online channels and is developing BNPL solutions for telesales and in-store purchases. Hokodo is a leader in the UK and is actively expanding into continental Europe. Recent merchant onboarding includes Paris Fashion Shops in France and Katoo in Spain, following earlier launches with Ankorstore in Belgium and the Netherlands. The company plans to use new funding to enter additional European markets and to build out new B2B products and channels. Hokodo is led by Louis Carbonnier and Richard Thornton and is pursuing category leadership in B2B BNPL across continental Europe. Hokodo is a fintech that enables B2B merchants to offer instant, B2C-like "Buy Now Pay Later" payment terms through API integrations. Its platform automates the order-to-cash cycle — from credit checks to collections and working-capital finance — and protects merchants against non-payments. Merchants using Hokodo report an average 40% increase in revenue. The company’s solutions are backed by Lloyd’s of London via the Channel Syndicate, a unit of SCOR SE. Hokodo targets a large Western European B2B market (>$12 trillion total, $680 billion online) and estimates a $15 billion revenue opportunity. The firm was founded in 2018 and operates with a team of over 30 people in London and Paris, with plans to double headcount by end of 2021 and grow another 100% in 2022. Hokodo makes invoice insurance accessible to SMEs by enabling protection of single invoices rather than insuring entire turnover. It uses data science and machine learning to underwrite invoice-level risk and distributes products via APIs embedded in accounting, invoicing and sales platforms. The company has developed HokoScore, a proprietary credit-scoring algorithm to help businesses assess client and supplier creditworthiness. Hokodo launched its technology in the UK in October 2018 and has established partnerships with Centrifuge and CountingUp. A €2.0m Horizon 2020 grant will fund launches of invoice protection and HokoScore in France and Germany within 12 months and will support development of two new trade credit products due by the end of 2019. Financially, the company previously raised €2.1m in seed funding led by Anthemis.

  • Visualfy

    Participated · Equity · Dec 2017

    Visualfy develops accessibility solutions for people with hearing loss, including a Deaf Smart Space (DSS) device and the Visualfy app (launched in 2013). In recent years it created Visualfy Home for household sound recognition and Visualfy Places to adapt public spaces; the company will focus on Visualfy Places in 2021. It has commercial clients across the public and private sector, including the Comunidad de Madrid, Generalitat Valenciana, Grupo sanitario Ribera Salud, Ayuntamiento de Málaga, Cruz Roja and Ayuntamiento de Valencia. Visualfy is participada por Ship2B e Inelcom and was founded by Manel Alcaide and Ángel Albiach. The company signed a commercial agreement with Telefónica via Wayra to include Visualfy Places in Telefónica's B2B portfolio and accelerate market penetration. The freshly raised funds will be used to consolidate national expansion of Visualfy Places. Visualfy is a technology company that offers solutions for people with hearing loss, including a Deaf Smart Space (DSS) device that translates environmental sounds into notifications sent to a smartphone. The company also launched the Visualfy app in 2013, which provides visual alerts for phone, tablet and other device notifications. Founded by Manel Alcaide and Ángel Albiach, Visualfy operates in the medical instruments/apparatus sector and is based in Valencia. It participated in the Tech4Health acceleration/investment platform, where B-Fund (managed by Ship2B) approved an investment. The company planned to use the funds raised to develop and commercialize the DSS device in the early months of 2018. Visualfy is a technology company that builds solutions for people with hearing loss. Its platform captures ambient sound and notifications from mobile devices and adapts them into visual and sensory signals. The product set also includes video messages in sign language. Visualfy was accelerated in Tech4Social and has received investment from B‑Fund. The company secured a €1,343,900 award through the European Horizon 2020 program to improve quality of life for people with hearing loss.

  • Econic Technologies

    Participated · Grant · Jul 2016

    Econic Technologies develops renewable-carbon technology that allows manufacturers to produce polymers based on CO2 rather than petrochemicals. The company licenses its technology to polyols and surfactant manufacturers that supply some of the world’s most iconic consumer brands. It intends to use newly raised funds to accelerate delivery for its customers in the polyols market and to support commercialisation of its new CO2 surfactant technology. The financing round was an equity raise with the amount undisclosed. The company was founded in 2011 by Dr. Charlotte Williams and is led by CEO Keith Wiggins from Alderley Park, UK. Econic Technologies has developed catalyst technology that efficiently converts captured CO2 into a usable raw material for manufacturing polymers, initially targeting the polyurethane industry for foams, coatings, sealants, and adhesives. The company’s core product enables customers to monetise CO2 while lowering their carbon footprint and meeting demand for more sustainable products. Econic operates globally from Alderley Park near Manchester and maintains a customer demonstration facility in Runcorn. Founded in 2011 by Prof. Charlotte Williams and led by CEO Keith Wiggins, the business is focused on commercialising its catalyst and process technology. The company recently progressed its Series D with a second close intended to support commercialisation efforts. The fundraising update indicates active investor support as Econic scales toward broader market deployment. Econic Technologies develops catalyst technologies that enable manufacturers to recycle captured CO2 directly into existing processes to displace oil‑based chemicals. The technology is energy efficient, reduces cost, and lowers future emissions by decreasing use of fossil‑derived chemicals. Over the past two years the platform has progressed from laboratory to industrial pilot scale with extensive process and product validation. The company is moving toward commercial‑scale deployment first in polyols for polyurethane in collaboration with material producers and downstream users, and it sees additional opportunities in surfactants. To support commercialisation, Econic raised funding via a convertible loan that includes UK government backing. The company was spun out from Imperial College London in 2011 and operates from facilities at Alderley Park with a customer demonstration site at The Heath in Runcorn. Econic Technologies is developing and commercialising novel catalyst technologies that incorporate captured CO2 into polycarbonates via reaction with epoxides. The company plans to use the funding to support development of future catalyst generations and to expand its facilities. The round is intended to accelerate commercialisation of Econic's catalyst technology and build on traction with large global partners. Econic is a portfolio company of Imperial Innovations Group plc. Imperial Innovations committed £2.5m to the round and reported a net carrying value in Econic of £6.1m as of 31 January 2016. The fundraise is complemented by a Horizon 2020 SME award that will provide a further £2m over the next two years. Econic Technologies develops catalytic processes that use waste CO2 as a feedstock to manufacture polymers. Its catalysts enable production of polycarbonates and polyurethane polyols and long-chain polymers, with potential applications in foams, plastics and polyesters. Replacing conventional petrochemical feedstocks with CO2 can significantly reduce costs for certain polymer manufacturers. The company was founded in 2011 to commercialize research from Professor Charlotte Williams’ group at Imperial College London and is based in London, UK. Econic plans to use recent funding to further test and scale up its catalyst technology toward commercialization. The company is led by Executive Chairman David Morgan.

Team

No current team members are available.