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European Innovation Council
Media review
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Follow us
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Intro
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We are already back!
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We are switching to a weekly EIC Media Review. Not that the media presence or influence increased, but because the 'surveillance' has become much easier for us. For the traditional media it has always been. You know the centres of interest; you know the journalists and you know the style and potential impact. It is more difficult to spot good online writers - structured, short and efficient, with good pictures if possible.
In any case, I wish you a nice week, don’t hesitate to contact the team if you need more (or less) info and propose to colleagues, from the Commission or not, to subscribe to the EIC Media Review.
Until next Monday - there is more to come!
Erwan
(Personal link to LinkedIn below)
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Highlights
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Decluttering Space Debris in Low Earth Orbit
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EE Times | 12/01/2024 | Europe - “The European Space Agency estimates there are more than 11,000 tons total mass of space debris currently in all orbits around the earth,” said Stella Tkatchova, the European Innovation Council’s space systems and technologies program manager.
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EIC general news
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Austria : EIC Work Programme 2024 includes funding amounting to 1.2 billion
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Mena Report | 09/01/2023 | Europe - European Commission adopted the European Innovation Council (EIC) 2024 Work Programme. It opens funding opportunities worth over 1.2 billion in 2024. The majority is dedicated to SMEs and start-ups to develop and scale up deep tech innovations in critical fields such as generative Artificial Intelligence (AI), space, critical raw materials, semiconductors and quantum technologies. This goes alongside the Commission Decision which completes the restructuring of the EIC Fund, which will receive a capital injection of 585 million to invest in EIC selected companies, leveraging over 2 billion in new investments. Paid article – Contact EISMEA-MEDIA-MONITORING@ec.europa.eu to receive the original.
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EU-Japan Centre for Industrial Cooperation launches business-to-business platform for ecological transition
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Agence Europe | 12/01/2024 | Japan - On Thursday 11 January, the European Innovation Council (EIC) announced the launch on 3 January 2024 of the Green Transition Business Matching Platform. This online platform organised by the EU-Japan Centre for Industrial Cooperation aims to bring together research and innovation players, such as research bodies, companies and start-ups from Japan and Europe, to work in partnership to contribute to a low-carbon society.
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EIC Pathfinder
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The neuroprosthetic that helps a paralysed man walk again
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TechCentral | 09/01/2024 | Ireland - Nerve fibre breakthrough will likely be only the first steps in the development of therapeutic approaches. Onward Medical N.V has received a second subsidy from the European Innovation Council (EIC) to support the improvement of the Brain-Computer Interface (BCI) technology for individuals with spinal cord injuries.
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EIC Transition
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TRL+ has created its first spinoff, Sensing Tools
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Qué! Madrid | 22/12/2023 | Spain - Strategic collaboration in the scientific and technological field has proven to be an intelligent path for progress and constant innovation. This is what TRL+ understands , which created its first spinoff , Sensing Tools , last January 2023. This technology has been recognized by the European Innovation Council (EIC) as a “ Key Innovator ”.
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EIC Accelerator
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Dronamics partners with top industry innovators
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Freight Week | 11/01/2024 | Dronamics, the world's first cargo drone airline with a license to operate in Europe, announced on Thursday that it is part of the select group of companies launching the EU Future Mobility Taskforce, a strategic initiative to advise the EU's leadership in global transport innovation. The EU is boosting financial support for transportation innovators and startups through Horizon Europe cluster 5 and EIT Urban Mobility. The European Innovation Council, with a EUR 10 billion budget, is calling on transport entrepreneurs to apply.”
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For sustainable fish farming: interview with the Franco-Austrian team of the start-up Blue Planet Ecosystems
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France Diplomatie | 08/01/2024 | France - Faced with the food needs of a growing world population and the environmental challenges linked to overfishing, the start-up Blue Planet Ecosystems has developed a solution for sustainable and ecological fish farming, with an innovative method. From its creation, the start-up has benefited from international and European support, obtaining in 2022 European funding from the EIC Accelerato to support start-ups with innovative projects.
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This headset works as a virtual “guide dog” to help blind people navigate the world
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ardina | 09/01/2024 | Portugal - The solution was on display during CES 2024 , in Las Vegas, with .lumen being part of the group of 15 startups that were present at the European Pavilion, organised by the European Innovation Council. According to the company , the headset is in preparation for production and is expected to be launched on the market during the second half of 2024.
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EIC Accelerator winners: promote your project during research and innovation week in Brussels
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Auvergne - Rhône - Alpes Entreprises | O8/01/2024 | France - Are you a winner of the EIC Accelerator? Meet European investors and pitch your business project on March 19 in Brussels during research and innovation week .
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Bio-manufacturing: The future of food production
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Open Access Government | 12/01/2024 | United Kingdom - Multus is catalysing the growth media supply chain for cultivated meat production off the back of a €2.5 million grant from the UK Government via the European Innovation Council Accelerator funding program to enable breakthroughs in cost-effective large-scale cultivated meat production.
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FIDEtechnology wants to revolutionize the industry with low-carbon cement
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O Jornal Economico | 10/01/2024 | Portugal - FIDEtechnology has developed a prototype that allows new cement mixtures to be obtained with low carbon dioxide (CO2) emissions, with a 50% reduction in CO2, and a production of 150 kilograms (Kgs) of cement per hour. FIDEtechnology has already applied for European funds from the European Horizon Europe program to produce the industrial-sized machine. The application requests a total mixed financing of 6.4 million euros. One of the applications was for the 'European Innovation Council (EIC) Accelerator' worth 2.4 million euros and another application was for an 'equity investment' from the 'EIC Fund' worth four million euros.
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EIC Fund
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Iceland-based DTE raises EUR 16 million in financing
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23/12/2023 | Iceland - Iceland-based leading innovator in process and quality control for the metals production and manufacturing industry, DTE raised EUR 16 million. The company announced the fundraise on December 23, 2023. Eyrir Vöxtur, alongside existing backers, the European Innovation Council (EIC) Fund, provided the investment.
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Bioprinting’s Investment Milestones of 2023
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Ireland | 12/01/2024 | Ireland - Navigating through the landscape of bioprinting, 2023 unfolded as a year where targeted investments significantly nurtured this specialized field. November: RCSI’s POLINA Project. In one of the year’s last notable investments, the Royal College of Surgeons in Ireland (RCSI) received €2.9 million for the POLINA project, backed by the European Innovation Council.
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Scaling up osmotic energy: Sweetch secures €25m series A
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Aqua Tech | 15/01/2024 | France - French company Sweetch Energy has secured €25 million investment to accelerate the commercial development of an osmotic energy system, generated by the difference in salinity when freshwater and seawater sources meet.
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EU puts its weight behind home-grown processor for its new €273M supercomputer
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Science Business | 11/01/2024 | France - ‘The dream of a European machine crossing the exaflop threshold with a European microprocessor inside is coming true,’ says Philippe Notton, CEO of SiPearl, the EU-backed start-up that designed the device. Notton said it was not easy attracting private investors, and while Atos and fellow microprocessor design company ARM invested in the round, €15 million came from the European Innovation Council and €25 million was in the form of a convertible loan from the European Investment Bank. The French government’s technology sovereignty fund also invested.
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Farminsect – Transforming agriculture with innovative insect technology
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Easy Engineering |10/01/2024 | Germany - FarmInsect focuses on the production of Black Soldier Fly (Hermetia illucens) larvae, reforming the way they think about sustainable sources of protein. FarmInsect founders, Thomas Kuehn and Wolfgang Westermeier, have developed a modular semiautomated system for decentralized larvae fattening, introducing an innovative fusion of biology and technology to conventional agriculture. In October 2023, FarmInsect secured an impressive €8 million in funding to further enhance the company’s operations through research and development. Investors include the European Innovation Council Fund.
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Minesto’s utility-scale tidal energy kite ready to start delivering
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WorldPorts.org | 09/01/2024 | Faroe Islands - Minesto has completed the Dragon 12 offshore infrastructure in Vestmannasund, Faroe Islands, marking readiness for power production with the achieved connection of the export cable to the foundation. Having more than €40 million of funding from the Regional Development Fund through the Welsh European Funding Office, European Innovation Council and InnoEnergy, Minesto claims to be the EU’s largest investment in marine energy thus far.
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This is a newsletter from the European Innovation Council and SMEs Executive Agency (EISMEA) published twice a month.
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