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The Blumorpho team during Inpho Venture Summit 2024.
From left to right: Marine Hamelin, Radia Lahlou, Géraldine Andrieux – CEO, Olivia Uguen, Lucie Guedez, Régis Hamelin – CTO.
As we reflect on 2024, it is clear that this has been a defining year for innovation, with transformative breakthroughs reshaping industries and paving the way for a smarter, more sustainable future. Across our four areas of expertise: Deep Tech, Blue Economy, Semiconductors, and Healthcare, we have witnessed incredible progress that highlights the role of technology in addressing global challenges.
One of the most celebrated moments in 2024 was the awarding of the Nobel Prize in Chemistry to David Baker, Demis Hassabis, and John Jumper for their groundbreaking work on protein structure prediction using artificial intelligence. Their achievement has reshaped the fields of biology and medicine, enabling revolutionary advances in drug discovery and synthetic biology. At Blumorpho, we have been inspired by these developments, as they reflect our own mission to harness the transformative potential of AI to address complex challenges in healthcare and beyond. (Source: Nobel Prize Announcement)
Artificial Intelligence (AI) continued to assert itself as a game-changer in 2024, with global investments surpassing $200 billion. From optimizing robotics and manufacturing processes to strengthening cybersecurity, AI is driving new levels of efficiency and resilience across industries. Blumorpho has embraced these trends by actively supporting startups and projects that leverage AI to accelerate innovation, particularly in healthcare, energy, and industrial technologies.
Meanwhile, the semiconductor industry, a critical enabler of these advancements, saw global revenues soar to $700 billion, bolstered by the integration of AI into consumer and industrial devices. As a company deeply engaged in fostering semiconductor innovation, Blumorpho has positioned itself at the intersection of these developments, coordinating initiatives such as Pack4EU to drive strategic progress in Europe. (Source: WSTS Report)
These global trends align with Blumorpho’s DNA: fostering transformative ecosystems, enabling collaboration between startups and industry leaders, and driving solutions that create meaningful impact. In 2024, we applied this philosophy across our four areas of expertise—Deep Tech, Blue Economy, Semiconductors, and Healthcare—to deliver innovations that address both current and future challenges.
In 2024, Deep Tech solidified its position as the engine of transformative change. Blumorpho played a central role, leading the way through the INPHO Venture Summit 2024, now a benchmark for deeptech investment. The event brought together 250+ participants, including over 70 high-profile investors managing billions in assets, alongside corporate leaders like Bosch, Airbus, and Schneider Electric.
Through digital sessions and global engagement, INPHO evolved into a year-round movement, exploring themes such as AI integration, clean energy solutions, and health innovation. Notably, 22 groundbreaking startups in robotics, semiconductors, and energy were selected, driving collaborations that promise to redefine industries.
The maritime sector faced a critical juncture in 2024, with innovation and sustainability emerging as imperatives. Blumorpho spearheaded initiatives such as the Financing Maritime Innovation Program during Monaco Ocean Week, attracting three times the expected participants and addressing key challenges like decarbonization and digital transformation.
Projects like the Smart Marina Innovation Challenge transformed marinas into “smart cities on the sea,” with cutting-edge solutions in energy management, water purification, and biodiversity regeneration. Ports became living laboratories under the Coastal City initiatives, testing solutions that enhance efficiency and reduce emissions, while fostering private investment.
AI expanded semiconductors’ reach from data centers to personal devices, with AI-enabled smartphones, PCs, and wearables hitting the market. Advanced Semiconductor Packaging became a game-changer, enhancing efficiency and performance. Blumorpho’s Pack4EU initiative, supported by CHIPS JU, delivered nine strategic recommendations that are now shaping Europe’s semiconductor priorities.
Amidst the U.S.-China tech race, which saw China ramp up semiconductor production, Europe leveraged collaboration with Southeast Asia to unlock new opportunities. Innovations like edge computing and low-code programming enabled smarter manufacturing, while emerging business models such as Manufacturing as a Service gained traction.
Healthcare innovation took center stage in 2024, with Blumorpho building strong partnerships and empowering startups. During a mission to Senegal, collaborations with the Ministry of Health, GIZ, and Institut Pasteur explored digital solutions for healthcare transformation.
At INPHO 2024, 16 health startups were selected, making health the most represented sector. TechBio panels examined how AI, data, and capital efficiency can drive healthcare innovation, particularly in emerging markets. The Holicare project advanced diagnostic tools for respiratory diseases in Sub-Saharan Africa, strengthening pandemic preparedness and local healthcare capacities.
2024 has shown us the immense potential of innovation to address global challenges. At Blumorpho, we are excited to continue empowering startups, connecting industries, and shaping a future where technology serves humanity and the planet. As we move into 2025, we remain committed to connecting visionaries, innovators, and industry leaders to build a future where technology serves humanity and the planet. Together, let’s build a smarter, more sustainable tomorrow.
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