Get geared up to be amazed through the 15 most promising startups of 2024! These superb companies have captivated us with their revolutionary strategies, exponential increase, and ability to revolutionize their respective fields.
From artificial intelligence (AI) to healthcare and sustainability, they pave the way for a brighter destiny.
The world of entrepreneurship is abuzz with pleasure as those begin to redefine the boundaries of what’s possible. With the current generation, green solutions, and groundbreaking improvements in healthcare, these corporations are poised to have a great effect in the future.
Whether you’re an investor seeking the next large opportunity, an industry expert looking to stay ahead of the curve, or a person curious about destiny, these startups are a should-watch.
Table of Contents
Get geared up to witness the birth of sport-changers and be part of their fantastic adventure.
Our Top Pick 15 Startups Have Potential to Disrupt their Industries
| Industries | Startups | Founding Year |
|---|---|---|
| Green Tech | Neolithe | 2019 |
| Byssus | 2021 | |
| BioSEA | – | |
| Triple Helix | – | |
| Limatech | 2016 | |
| Lyras | 2017 | |
| Nitricity | 2018 | |
| Healthcare | Brenus Pharma | 2014 |
| Enchanted Tools | 2021 | |
| Artificial Intelligence (AI) | Videtics | 2019 |
| Electronics | SilMach | 2003 |
| Robotics | Figure | 2022 |
| Agility Robotics | 2015 | |
| MS-Innov | – | |
| Exoskeleton | exoIQ | 2017 |
Green Tech
Neolithe
Neolithe an innovative French startup has introduced a unique solution for handling industrial non-recyclable waste in a more eco-friendly manner: transforming it into stone. Mimicking the natural process that takes thousands of years but at a much faster pace.
The startup has just received funding of €60 million to speed up the growth of its Fossilizer technology. Their objective is to deploy sufficient machines by 2026 to manage up to 2.5 million tons of waste, ultimately reducing around 1 million tons of CO2 emissions per year.
Byssus
Byssus, another French company, has discovered an innovative method to transform byssal filaments into high-quality technical textiles. Resembling flax, these threads possess remarkable durability, enabling bivalve mollusks like mussels to firmly adhere to surfaces.
Typically disregarded by mussel producers, these filaments hold immense potential in providing an environmentally friendly substitute for synthetic textiles.
BioSEA
Based in Singapore, BioSEA is dedicated to creating groundbreaking building materials that draw inspiration from nature to tackle climate change head-on.
Among their impressive range of products, they have developed a collection of textured tiles that ingeniously imitate the weathered skin of elephants.
This innovative design not only adds a touch of uniqueness but also serves a practical purpose by effectively managing heat and promoting the growth of local ecosystems.
By retaining moisture and providing shaded areas, these tiles play a vital role in minimizing the adverse effects of direct sunlight on building facades.
Triple Helix
Aiming to complete the cycle, this innovative Belgium startup focuses on recycling chemical molecules from foams and mattresses that have reached the end of their life.
Their groundbreaking recycling process not only boasts energy efficiency but also minimizes waste generation.
They claim that their method reduces greenhouse gas emissions by a remarkable 50% when compared to conventional techniques. Excitingly, they are now preparing to construct their inaugural factory in the vibrant city of Antwerp.
Limatech
Limatech, a cutting-edge French startup in the deep-tech industry, was established in October 2016 with a specific focus on manufacturing lithium batteries for starting thermal engines in aviation.
Their ultimate goal is to revolutionize aviation by replacing conventional batteries, such as those containing lead or nickel-cadmium, which are not only toxic but also contain harmful substances that can cause cancer, mutations, and reproductive toxicity.
Limatech’s lithium-based batteries employ safer chemistries like lithium iron phosphate (LFP), offering remarkable advantages over traditional batteries. These lithium batteries require only half the maintenance and increase a longer lifespan of approx. 10 years.
Moreover, they are significantly lighter, reducing the overall weight of aircraft by 120 kg for an Airbus A320 and 25 kg for a helicopter. This not only contributes to fuel efficiency but also helps in lowering emissions.
To further advance their groundbreaking program and introduce their 24-volt, 15 Amp-hour lithium battery to the market, the company is currently seeking to raise €20 million.
With this funding, Limatech aims to continue its mission of transforming the aviation industry towards a greener and more sustainable future.
Lyras
Prepare to be amazed by the groundbreaking Raslysation technology developed by this Denmark company Lyras! Gone are the days of relying on heat for liquid pasteurization.
With Raslysation, they have harnessed the power of UV light to eliminate pesky microorganisms in liquid foods like whey, fruit juices, and herbal beverages.
Not only does this method work wonders in neutralizing unwanted guests, but it also slashes energy consumption by a staggering 90% and conserves water like never before. It’s a true game-changer in the world of liquid pasteurization!
Nitricity
An American startup Nitricity founded in 2018 by Stanford University graduates is revolutionizing the fertilizer industry by harnessing the power of lightning.
Using air, water, and electricity, this innovative company produces nitrogen fertilizer through a non-thermal plasma reactor that mimics the process of lightning to convert atmospheric nitrogen into plant-soluble nitrates.
By lowering nitrous oxide formation, this cutting-edge technology can deal with a significant portion of global greenhouse gas emissions.
Healthcare
Brenus Pharma
Brenus Pharma has been making waves in the biotech industry with its groundbreaking therapeutic vaccines that concentrate on cancer cells via activating the immune system.
The company’s particular method includes reigniting the patient’s immune response to efficaciously fight tumor cells that are resistant to traditional remedies.
Recently named biotech organization of the year, Brenus Pharmas is gearing up for its first clinical trial in France, Belgium, and America, It specializes in patients with colorectal cancers.
This marks a prime milestone in the advancement of these innovative vaccines.
Enchanted Tools
The Mirokaï robot, created by a company Enchanted Tools in France, is particularly tailored for healthcare environments. It is designed to interact with patients and assist medical professionals.
The company’s goal is to manufacture approx. 1,00,000 humanoid robots over the next ten years.
In medical facilities, Mirokaï robots are capable of transporting tools and supplies, enabling nurses and doctors to concentrate on delivering top-notch patient care.
This innovative strategy revolutionizes healthcare operations by integrating robots to support and optimize the performance of healthcare teams.
Artificial Intelligence (AI)
Videtics
With their modern-day software suite, this innovative French start-up Videtics is revolutionizing surveillance in protected areas.
By harnessing the power of AI, their system effortlessly processes a staggering 1,200,000 full images and expertly annotates over 4 million objects captured by visible and thermal cameras.
Not only are they at the forefront of technological advancements, but this company also prioritizes ethical practices in their artificial intelligence-based video surveillance analysis.
Their commitment to responsible surveillance has earned them a prestigious contract for algorithmic video surveillance during the highly anticipated Paris 2024 Olympic Games.
Electronics
SilMach
SilMach, a leading French deep tech company, is at the forefront of silicon-based MEMS technology. Specializing in high-performance MEMS micromotors for mobile and connected systems, they are known for their ultra-compact and precise electrostatic micromotors.
Additionally, SilMach designs energy-efficient micromechanical sensors for health monitoring in various structures.
SilMach has gained global acclaim for its innovative solutions. One of their notable achievements is the development of a silicon heart for quartz watches, a technology that has been utilized in watches for many years.
Their groundbreaking work was recognized at CES 2024, where they received the prestigious Best of CES® 2024 Innovation Award in the “Embedded Technologies” category for their cutting-edge silicon-based micromotor, the smallest of its kind.
Robotics
Figure
Figure, a robotics company based in California, created Figure01, an autonomous robot that combines human-like abilities with advanced AI. The robot is appropriate for use in production, logistics, warehousing, and retail due to its versatility in tasks requiring precision and flexibility.
The company partnered with BMW to test the humanoid robot at BMW’s Spartanburg plant in the US.
If successful, the goal is to integrate robots like Figure01 into BMW’s manufacturing lines in the future.
Recently, Figure received a vast investment of $675 million (€624 million) with a valuation of $2.6 billion. Tech giants like Microsoft OpenAI, NVIDIA, Parkway Venture Capital, Intel Capital, Align Ventures, and Jeff Bezos contributed to this funding.
Agility Robotics
This innovative bipedal robot, Digit, created by a US-based company Agility Robotics, is revolutionizing logistics work with its ability to move, grasp, and handle items in warehouses.
Standing at 1.7 meters tall and weighing 63.5 kg, Digit can lift up to 16 kg, making it a flexible tool for various warehouse tasks via software updates.
Digit is currently being utilized for bulk material handling in warehouses and distribution centers, with potential future applications in medical settings.
Industries heavily reliant on logistics and warehouse operations, such as third-party logistics, automotive manufacturers, and e-commerce providers, are the primary objectives for Digit. Amazon is even teaming up with Agility Robotics to test Digit in its operations.
MS-Innov
MS-Innov is a leader in modular cobots, revolutionizing the manufacturing industry. With options in 4-axis, 5-axis, and 6-axis configurations, these collaborative robots (cobots) act as versatile building blocks that can be tailored to meet different payload needs and reach specifications.
Users have the freedom to adjust them for various situations, showcasing their adaptability.
In contrast to conventional setups, MS-Innov’s cobots have the ability to rotate endlessly. By utilizing pins for information and power transmission, the hassle of constant repositioning is eliminated.
This groundbreaking feature enhances efficiency in production lines, ultimately leading to significant time savings.
Exoskeleton
exoIQ
Established in Hamburg back in 2017, this German start-up exoIQ introduced its groundbreaking product, the S700 active shoulder exoskeleton, to the market in the fall of 2023.
The S700 stands out as the pioneer active exoskeleton tailored for industrial applications, with the primary goal of lessening physical stress and boosting efficiency across a range of industrial duties.
It delivers notable relief for the arm, neck, and shoulder muscles, offering up to 5 kg of force assistance per arm.
The S700 operates on electro-pneumatics. A battery-powered compressor supplies extra power to the arms via compressed air, effectively reducing muscle strain. Its built-in sensor array guarantees precise movement tracking for optimal assistance.
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Final Verdict
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