EIC funded urban farming company Infarm raises € 88 million in series BEIC pilot-funded Infarm has raised €88 million from Atomico in a series B funding round. The company makes vertical urban farms where plants are grown efficiently and sustainably, directly at the point of sale. The vertical farms are modulable and contain a whole ecosystem for specific plants (water, temperature and lighting). Thanks to sensors, the performance of the farms are remotely controlled for optimal quality. Infamr received close to €2 million from the European Innovation Council (EIC) pilot and raised €20 million in a series A round from Balderton.
The EIC pilot goes to space!The European Innovation Council (EIC) Pilot has been funding multiple projects dealing with New Space technologies over the years. Aerospace, Internet of Things, telecommunications, Earth observation, agriculture: these are only few of the domains that the funded companies are revolutionising thanks to their disruptive work. Here there is an overview of some of these innovation actors and their – literally – out-of-this-planet technologies.
374 innovative companies get EIC funding to fast track their innovations on the market83 top-class innovators selected for funding to reach the market faster under the European Innovation Council (EIC) pilot's EIC Accelerator, previously known as SME Instrument Phase 2 and 291 companies will get funding under the Phase 1 of the programme. Companies under both phases will receive free coaching and business acceleration services to make the most of their funding. Discover all the companies in our datahub.