Tripleye, a Berlin company with research and development in Karlsruhe, built a 3D perception system for industrial vehicles that uses only cameras. Its EIC project said that a camera shift of less than 1 mm can ruin the measurements of today's autonomous systems, and that its fisheye cameras and proprietary algorithms, KIEV and RubberStereo, solve this by recalibrating continuously, according to CORDIS.
The European Innovation Council granted €2,498,562 towards a €3.57 million project from March 2023 to February 2026, to upgrade the software and integrate the system into earthmoving and material handling machines for testing. The first-year report, the only one on CORDIS, says the algorithms were moved onto embedded hardware and combined into a 360-degree system. Tripleye launched a collision avoidance product in February 2024. By March 2026 the company was in insolvency proceedings at the Charlottenburg local court in Berlin, and in May 2026 the insolvency administrator agreed to sell its intellectual property rights for €5,000, according to a court notice published by Insolvenz-Radar.
Company file
- Legal entity
- Tripleye GmbH, HRB 272973 B (Charlottenburg), Berlin; formerly Myestro Interactive GmbH
- CEO and co-founder
- Francois Dubuisson
- Sites
- Berlin headquarters; R&D in Karlsruhe
- Product
- COP camera-only 3D perception; collision avoidance for off-road vehicles
- EIC project
- Tripleye 3D Perception System, 1 Mar 2023 to 28 Feb 2026
- EIC funding
- Blended finance
- Insolvency
- Case 3614 IN 10530/25, Charlottenburg local court
What Happened to Tripleye
The company moved its registered seat to Berlin in March 2025, and on 9 March 2026 the register recorded it as being in liquidation, according to publications shown by North Data. The court's June 2026 notice asked creditors to approve the sale of "intellectual property rights and other legal positions" under a contract of 12 May 2026 for a total of €5,000. Tripleye's newsroom still carries its last announcement, from June 2025, about joining BHP's Innovation House programme for mining start-ups, and its site still speaks of opening a New York office at the end of 2025.
"The time for intelligent autonomy in heavy industry is now, and we are proud to lead the way from Europe."
Francois Dubuisson, CEO and co-founder, Tripleye, on the EIC awardThe Technology: Cameras That Recalibrate Themselves
The report argues that AI camera systems are hard to certify, lidar and radar suites are complex to integrate, and ordinary stereo cameras need frequent recalibration. It claims Tripleye's system cuts installation and calibration time by 95% and costs by a factor of three, and could "potentially achieve functional safety certification". No independent test of these claims was published. Tripleye filed several German patents on camera calibration and 3D image capture between 2021 and 2025.
What the EIC Project Promised, and What CORDIS Shows
The first year delivered the software and embedded hardware work. Whether the system was integrated and tested in real machines, the core of the project, is not documented on CORDIS, which has no later report. The company was registered as in liquidation nine days after the project ended. CORDIS still lists the project as signed.
- Software upgradeDeliveredPer first report.
- Embedded 360° systemDeliveredPer first report.
- Field testing in machinesUndocumentedNo final report.
- A viable companyFailedInsolvency, 2026.
The Money
Tripleye's revenue and losses are not freely available. Its last annual accounts listed by North Data are for 2022. Beyond the EIC grant, North Data records German research tax credit support under €500,000 in 2024. What the EIC paid out before the insolvency, and what creditors will recover, is not public. The €5,000 IP sale is a fraction of a percent of the EU grant.
What Cannot Be Checked
Questions for the EIC
How much of the grant was paid, whether the EIC Fund invested, who bought the IP and whether the project's final report was ever submitted are not public.
Why Europe Should Care
The EIC backed a German start-up in automation for mining and construction. Three years later its patents and other rights changed hands in insolvency for €5,000, and the buyer is not named.
What the project promised
Upgraded software and a camera-only 3D system integrated and tested in industrial vehicles.
What the record shows
First-year engineering, a launched product, then insolvency and a €5,000 sale of its intellectual property.
The Verdict
Engineered, then insolvent
Tripleye used the EIC money to advance its vision system, but the company did not survive the project. What remains of the technology was sold out of insolvency for €5,000.
Tripleye's insolvency administrator and the EIC have not been asked for comment for this article. It is based entirely on public records and published statements, linked throughout.
