Innomine

What Innomine does

Innomine is a boutique transatlantic innovation consulting firm headquartered in Budapest, Hungary, with a secondary presence in Redwood City, California. Founded in 2010, the firm operates a Digital Innovation Hub (DIH) serving European SMEs, mid-cap companies, cities, and research institutes with a portfolio of services that includes EU funding consultancy, digital transformation advisory, Industry 4.0 implementation, and international expansion strategy. The company's stated mission since inception has been to increase the efficiency of European SMEs through digital technologies, and it has supported over 100 innovation projects across its history, including leadership or partnership roles in EU-funded consortia such as IRSUS, NEANIAS, BOWI, PROAGRO, and SustainCrop.

The firm's core technology offerings include a proprietary Digital Maturity Assessment Tool that evaluates SME digital readiness across six dimensions (Digital Strategy, Company Culture, Value Creation Process, Supporting Process, Customer Experience, and IT) and produces a benchmarked Digital Readiness Index. Beyond the assessment tool, Innomine delivers project-based technology outputs including Optimaps (manufacturing planning optimization), GreenPET (PET bottle manufacturing monitoring infrastructure), and ProAgro (agri-food digital transformation platform). Marketing is conducted through content, social media, and event-driven engagement, with thought leadership focused on Horizon Europe funding and Industry 4.0/5.0 transition themes.

Innomine generates revenue through professional services engagements — consulting fees, project coordination, consortium management, and dissemination activities — with services custom-quoted based on project scope. The go-to-market motion is sales-led and direct, combining bespoke advisory engagements with EU consortium participation and open call programs that reach SMEs and start-ups across the CEE region. The firm maintains a wide European DIH network and has organized five cohorts of Hungarian companies in a Washington D.C.-based Business Promotion & Development Campus program, reflecting its transatlantic orientation. Ownership is private with no disclosed institutional shareholders or parent company.

Name

Innomine

Legal name

Innomine

Website

http://www.innomine.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Innomine is a boutique transatlantic innovation consulting firm building innovation ecosystems between Silicon Valley and Europe.

Ownership category

akta.pro rank

Product category

Innovation Consulting Services

NAICS

Management Consulting Services (54161), Management, Scientific, and Technical Consulting Services (5416), Other Scientific and Technical Consulting Services (54169)

SIC

Services-Management Consulting Services (8742), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Strategy & IT Advisory (BPAEAAAA)

akta.pro secondary industries

Enterprise Architecture & IT Operating Model (BPAHAEAB), Manufacturing & Operations Excellence (Lean/Six Sigma) (BPAHAHAC), Technical Enablement & Adoption Services (Change Management, Adoption, Champions) (BPAEANAC)

Keywords

• Digital transformation consulting
• EU funding advisory
• Innovation management services
• Digital Innovation Hub
• Digital maturity assessment

Headquarters

HQ city

Redwood City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Consulting and Advisory Services: Professional services revenue generated through digital transformation consulting, funding advisory, and innovation management engagements with SMEs, Mid-Caps, cities, and research institutes. Services include digital maturity assessment, proposal preparation support, project coordination, and consortium management.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Innomine is a boutique innovation consulting firm that supports European SMEs, Mid-Caps, cities, and research institutes with EU funding advisory, digital transformation consulting, and innovation management. Its core deliverables include a Digital Innovation Hub ecosystem, a proprietary Digital Maturity Assessment Tool, and four service pillars: Funds Services (EU funding consultancy), International Expansion and Strategy, Industry 4.0 Services, and Innovation Services. The firm also delivers project-based technology outputs such as Optimaps, GreenPET, and ProAgro.

Product overview

Innomine operates as an innovation and digital transformation consultancy offering a portfolio of interconnected services and project outputs. The core offerings include a Digital Innovation Hub with ecosystem management capabilities, a Digital Maturity Assessment Tool for evaluating SME readiness, and four main service pillars: Funds (EU funding consultancy), International Expansion and Strategy, Industry 4.0 Services, and Innovation Services. The company also delivers specific project-based outputs including Optimaps (manufacturing planning optimization), GreenPET (PET manufacturing monitoring infrastructure), and ProAgro (agri-food digital transformation tool). Together, these services provide end-to-end support for European SMEs seeking digital transformation, funding opportunities, and international market expansion.

Differentiator

Problem solved

Functional benefit

Products and services

• ProAgro A digital transformation tool for the agri-food industry that introduces digital solutions, supports access to resources, explores EU funding opportunities, and transfers good practices to local businesses using i4.0 technologies.
• Digital Innovation Hub (DIH) A Digital Innovation Hub providing digital transformation support, ecosystem development, and innovation project facilitation for SMEs, Mid-Caps, cities, and research institutes across Europe, with over 10+ years of experience working with 100+ innovation projects.
• Digital Maturity Assessment Tool A systematic self-assessment tool that helps companies evaluate their digital readiness across dimensions including Digital Strategy, Company Culture, Value Creation Process, Supporting Process, Customer Experience, and IT, providing an automated Digital Readiness Index compared against industry averages.
• Funds Services Funding consultancy services that boost innovation impact by identifying the best funding opportunities for SMEs, Mid-Caps, cities, and research institutes offered by the European Union and similar funding incentives.
• International Expansion and Strategy International business development services leveraging 10+ years of local network experience to help companies enter new markets and navigate unique challenges in cross-border expansion.
• Industry 4.0 Services Digital transformation services for the manufacturing industry, bringing new levels of efficiency through Industry 4.0 technologies and consulting on adoption strategies.
• Innovation Services Services to increase efficiency and find support for innovative ideas, concepts and research, including digital product, ecosystem, and software development advisory for SMEs and research institutions.
• Optimaps A resource optimization tool for manufacturing planning that helps optimize resources during the manufacturing planning process.
• GreenPET Software-hardware infrastructure for comprehensive monitoring, analysis, and control of eco-friendly quality of PET bottle manufacturing process, focusing on Energy and Emission factors with flexible extensions for waste management sensors.

Quantifiable outcome

• Supported 100+ innovation projects through Digital Innovation Hub
• +4 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

23 partnerships are on record, tiered core and minor.

• IRSUScoreStrategic or Co-development PartnerIRSUS bridged gaps faced by start-ups to reach the market faster with feasible, viable business cases. Innomine led communication and dissemination activities, built the IRSUS Website with portfolio of projects, organized open calls, and provided trainings in fundraising, business planning, pitching, and marketing. Supported close to 200 start-ups from 29 countries.
• NEANIAScoreStrategic or Co-development PartnerNEANIAS created 12+ novel services in Underwater, Atmospheric and Space thematic areas. Innomine connected research with industry by organizing open calls, developing business cases, mobilizing SME ecosystem, and organizing Open Innovation Workshops. Resulted in six business cases developed and industrial ecosystem built around NEANIAS services.
• BOWIcoreStrategic or Co-development PartnerBOWI connects digital innovation hubs and SMEs in discovery of advanced digital solutions. Innomine managed implementation of 4 Hungarian SME projects for 10 months (2022.05.15 - 2023.03.15), monitoring progress, connecting companies with consortium, and supporting report preparation. All 4 projects completed successfully.
• PROAGROcoreStrategic or Co-development PartnerPROAGRO optimized agri-food projects through digitalization and Industry 4.0 technologies. Innomine validated project ideas, identified funding opportunities, matchmaking partners, and supported proposal preparation. Brought 3 partners into Horizon Europe call and submitted 7 proposals to cascade funding calls.
• GreenPET / AI REGIOminorStrategic or Co-development PartnerGreenPET experiment developed software-hardware infrastructure for monitoring eco-friendly quality of PET bottle manufacturing. Innomine led dissemination activities, ensuring outreach towards PET bottle manufacturers and vendors in CEE region to foster sustainable manufacturing technology adoption.
• SustainCropcoreStrategic or Co-development PartnerInnomine is consortium leader of SustainCrop, working towards growing a more sustainable bio-based economy in Europe.
• Soil-X-ChangeminorStrategic or Co-development PartnerProject focused on sustainable soil management and agricultural innovation. Innomine supported project proposal stage leading to successful assessment.
• UnitedCirclesminorStrategic or Co-development PartnerCircular economy and sustainability-focused project partnership.
• PRECIOUSminorStrategic or Co-development PartnerSustainability and resource efficiency focused project partnership.
• SPInItminorStrategic or Co-development PartnerInnovation-focused project partnership in the software/technology space.
• OPTIMAPSminorStrategic or Co-development PartnerProject focused on resource optimization during manufacturing planning using OPTIMAPS technology.
• TNOminorStrategic or Co-development PartnerPart of BOWI consortium - Dutch research organization focused on applied science.
• FundingBoxminorChannel Partner/ Reseller/ DistributorPart of BOWI consortium - platform for funding and innovation support.
• VTTminorStrategic or Co-development PartnerPart of BOWI consortium - Finnish research institute.
• Krakow Technology ParkminorStrategic or Co-development PartnerPart of BOWI consortium DIH network - technology park in Poland.
• Transilvania IT ClusterminorStrategic or Co-development PartnerPart of BOWI consortium DIH network - IT cluster in Romania.
• Aachen UniversityminorStrategic or Co-development PartnerPart of BOWI consortium - RWTH Aachen University in Germany.
• ICT Cluster BulgariaminorStrategic or Co-development PartnerPart of BOWI consortium DIH network - ICT cluster in Bulgaria.
• Latvian IT ClusterminorStrategic or Co-development PartnerPart of BOWI consortium DIH network - IT cluster in Latvia.
• CivittaminorStrategic or Co-development PartnerPart of BOWI consortium - management consulting firm.
• NTNUminorStrategic or Co-development PartnerPart of BOWI consortium - Norwegian University of Science and Technology.
• University of West BohemiaminorStrategic or Co-development PartnerPart of BOWI consortium - university in Czech Republic.
• IFKA TanácsadásminorStrategic or Co-development PartnerPartnership for consulting on digital transformation in Hungary.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Civitta: CEE-based management and innovation consulting firm and BOWI consortium partner. Operates in similar geographies and serves SME/mid-cap digital transformation and EU funding clients, making it a structurally direct comparable to Innomine.
• PNO Consultants: Largest independent EU funding and innovation consultancy, dedicated to Horizon Europe and similar framework programs. Closely overlaps with Innomine on EU funding advisory, consortium building, and SME digitalization support.
• Spinverse: Nordic innovation consulting firm specializing in large EU-funded projects, consortium leadership, and SME digitalization. Comparable in business model, focus on Horizon Europe funding, and innovation ecosystem facilitation.
• FundingBox: European funding and innovation platform operator and BOWI consortium partner. Overlaps with Innomine on cascade funding, open call management, and SME ecosystem mobilization for EU programs.
• ttopstart: European health and innovation consultancy supporting consortium building, EU funding acquisition, and SME digital transformation. Comparable in focus on EU-funded project advisory and innovation management.
• IFKA (Industry Development Non-profit Ltd.): Hungarian industrial development and SME innovation advisory body listed as Innomine's partner. Operates in the same geography with overlapping SME digitalization and innovation funding advisory services.

Broad incumbents

• BearingPoint: Major European management and technology consultancy with established EU funding and public-sector advisory practices. Operates across Europe on digital transformation and innovation strategy, offering similar services at much greater scale.
• Detecon: German-based technology and digital transformation consultancy with strong EU-wide presence. Provides comparable digital transformation and Industry 4.0 consulting services, particularly to enterprise and mid-cap clients.

Emerging players

• VTT Technical Research Centre of Finland: Finnish research institute and BOWI consortium partner. Provides applied research, innovation management, and SME digitalization services that overlap with Innomine's DIH-led innovation facilitation offering.
• TNO (Netherlands Organisation for Applied Scientific Research): Dutch applied research organization and BOWI consortium partner. Operates in adjacent applied research, digital transformation, and industry 4.0 advisory space serving European SMEs and corporates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/innominegroup
• Facebookfacebook.com/innominegroup
• LinkedInlinkedin.com/company/innominegroup

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Innomine