Research Luxembourg Spin-off Companies in The Elevator

02 February 2024

The Elevator, Silicon Luxembourg‘s flagship video format in collaboration with Orange Luxembourg, is back for a fourth season.

In this season, the spotlight is on 8 of Research Luxembourg captivating spin-offs that have come to life in one of Luxembourg’s public research institutions.

Each episode will showcase these innovative technologies through the traditional elevator pitch format, providing a unique and engaging glimpse into their groundbreaking advancements.

Turning Research into Business: Research Luxembourg and Industry

R&D collaborations are at the heart of Luxembourg’s research and innovation strategy.  Such collaborations are a win-win for both sides: businesses gain access to creative minds, while researchers get the chance to take their research to the next level and see it make an impact.

This support can take various forms:

• public-private partnerships in which research players seek to support existing and future industries
• joint R&D collaborations, to broaden the scope of R&D
• knowledge and technology transfer to start collaborative and innovative projects
• spin-off companies to leverage and give life to research projects ideas

In order to encourage the emergence of innovative projects, the country offers many public and private grants to finance R&D activities. The main public institutions that offer these innovation programmes are Luxinnovation, the Luxembourg National Research Fund (FNR), the University of Luxembourg Incubator & Entrepreneurship Programme and Startup Luxembourg.

Databourg Systems

Databourg is a spin-off company of the Interdisciplinary Centre for Security, Reliability and Trust (SnT) of the University of Luxembourg. Founded in 2017, Databourg offers environmental monitoring using satellite networks. Ahmad Gharanjik, founder and CEO, explains to us how the company provides the best rainfall intelligence to business and institutional users, to be recognised as “The Rain Company”.

Invitrolize

Industry must understand the hazards of the chemicals they produce. As such, they can ensure their safe use and manage the potential risks. Invitrolize is a spin-off company of the Luxembourg Institute of Science and Technology (LIST) developing cell culture models to replace animal experiments. The in vitro models are built using human cell lines based on a patented methodology and the technology avoids animal testing.

Learn more on Invitrolize

Enidia AI

Enidia AI is a spin-off company of the University of Luxembourg that has been developed thanks to the Incubator and Entrepreneurship programme of the University. Enidia AI is focused on Hybrid AI and especially on applications to law.

Learn more on Enidia AI

DataThings

DataThings is a spin-off company of the Interdisciplinary Centre for Security and Trust (SnT) of the University of Luxembourg. The AI company offers customised digital twin solutions to help solve complex industrial problems and support sustainable operational decisions for industry, energy companies or even businesses in the banking and finance sector.

Wavy Meet

Wavy Meet is a spin-off company of the Interdisciplinary Centre for Security, Reliability and Trust (SnT) of the University of Luxembourg. The healthtech company is a a medical telecommunication platform that allows patients to undertake cardiac rehabilitation programs without commuting to the hospital.

ITTM

ITTM – standing for Information Technology for Translational Medicine – is a spinoff company of the Luxembourg Centre for Systems Biomedicine (LCSB) of the University of Luxembourg. Actively working with pharma and biotech companies as well as prestigious medical associations and numerous grant consortia, the healthtech company provides services for data management of pre-clinical and clinical data, by offering solutions for improved data usage and quality, data models, system integration and process optimisation.

WASDI

WASDI, a spin-off company of the Luxembourg Institute of Science and Technology (LIST), which already works with many renowned organisations such as the United Nations, ESA and the World Bank, provides an online interface for satellite imagery and other geospatial data. The cloud-based platform allows research centres and companies to combine information from different providers or technologies to create Earth Observation applications.

Learn more on WASDI

OrganoTherapeutics

OrganoTherapeutics has the mission to accelerate the development of therapeutics against neurodegeneration. Spin-off company of the Luxembourg Centre for Systems Biomedicine of the University of Luxembourg (LCSB), the current focus of OrganoTherapeutics is on Parkinson’s disease. The team is indeed convinced that therapeutics targeting complex human disease like Parkinson’s, need to be developed with complex human patient specific models.

The company has developed PD patient specific cell culture models, organoids and assembloids, that replicate the Parkinson’s pathology and – to an extent – that cannot be found in any other cell culture or animal model.

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