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European Innovation Council
EIC Weekly Media Review
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EIC general news
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BIO 2024: Two Swedish companies selected to be showcased by the EIC
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Nordic Life Science | 17/06/2024 | Fifteen US-market ready European companies were selected and were offered support by the European Innovation Council (EIC). Two of the companies were Swedish, AcouSort and Verigraft.
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Industrial Strategy: What three UK political parties are saying
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Society of Chemical Industry | 17/06/2024 | Industrial Strategy’ featured in the manifestos released by two of the three main UK political parties vying for votes at the upcoming UK general election on 4th July. In the area of R&D, the Liberal Democrats wish continuing to participate in Horizon Europe and joining the European Innovation Council as well as ‘aiming for at least 3% of GDP to be invested in R&D by 2030, rising to 3.5% by 2034.
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EIC Accelerator
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European Funds Drive Polish Innovation
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Przeglad Techniczny | 16/06/2024 | EIC Accelerator has created a unique opportunity to fund a deeptech innovation developed by Dynamic Air Cooling (DAC), based in Elbląg.
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Carbominer To Receive Award From Google Startups Fund In Ukraine
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Carbon Herald | 18/06/2024 | The Google for Startups Ukraine Support Fund named its first 9 startups to receive an award in 2024. Carbominer – a direct air capture player, is one of the selected companies. Recently, Carbominer has also been awarded with the EIC Accelerator grant funding of €1.5M to accelerate its growth.
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Soon, dead leaves from the Ile-de-France region will be used to make paper
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Graphiline | 18/06/2024 | Thanks to help from the European Innovation Council (EIC) Accelerator, Releaf Paper, a start-up of Ukrainian origin, will begin installing a pilot factory in Les Mureaux in Yvelines next July.
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How Shemha Health created a digital guide in healthcare chaos
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Forbes Bulgaria | 19/06/2024 | The co-founders believe that their product has great potential and expect €29 million in revenue by the end of 2028. They will first participate in the EIC Accelerator, a funding program of the European Innovation Council, part of Horizon Europe, aimed at innovative companies.
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Genopole at BIO USA 2024: renewed vitality for health biotechs!
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Genopole | 19/06/2024 | BIO USA also offers a space for discussion with the European Commission present on site to promote EIC Accelerator, its financial support system for startups close to the market. This is an opportunity to relay the issues of visibility of European startups in the United States, to learn about the expected evolution of relations between the American market and the European market and to promote Genopole's acceleration programs to give weight to the applications that Genopolitan startups will submit to European systems.
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Materrup raises €26 million to deploy ten low-carbon cement plants
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La Tribune - Objectif Aquitaine | 20/06/2024 | The company, which has been awarded the EIC Accelerator and French Tech 2030 labels, offers an innovative binder, a multi-patented formula, allowing produce cement based on clay and not limestone, thus generating half the CO2 of conventional cement, but with a high performance and identical uses.
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Finland: Herantis Pharma receives EUR 750,000 milestone payment from EIC
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M-Brain Finland News | 18/06/2024 | Herantis Pharma and EIC signed an EIC Accelerator agreement for a EUR 2.5mn grant for the ReTreatPD project in April 2023.
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Imperial College London Spin-Off AquaBattery Secures €6M Seed Funding For Flow Battery Technology Deployment
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India Education Diary.in | 20/06/2024 | In 2022, it secured a €2.5 million grant from the European Innovation Council’s Accelerator programme to move its technology forwards. Since then, it has won further grant funding and signed collaboration agreements with Norwegian renewables company Statkraft and knowledge institute Deltares to explore applications for its battery technology. AquaBattery and Imperial are also seeking other funding opportunities to develop new flow battery membranes, for example through a proposal submitted to the European Innovation Council.
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EIC Fund
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Xeltis sets crosshairs on US pivotal trial for aXess after IDE green light
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Zephyrnet.com | 17/06/2024 | Xeltis, which won €12.5m ($13.39m) in funding from the European Innovation Council in August last year, says its aXess device can help alleviate end-stage renal disease and other complications.
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Cambridge start-up Wave Photonics raises £4.5m in seed funding
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Zephyrnet.com | 20/06/2024 | This was complemented by non-dilutive funding in grants from the Horizon Europe European Innovation Council (EIC) Fund and UK Government agency Innovate UK. The company’s total funding to date is now £5.4m ($6.9m).
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iOnctura announces EUR80 million Series B financing to progress pipeline through Phase II trials
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Finanzen.net | 20/06/2024 | The funding round was led by new investor Syncona Limited with participation by the EIC Fund, the venture arm of the European Innovation Council (EIC), as well as existing investors M Ventures, Inkef Capital, VI Partners, Schroders Capital and 3B Future Health Fund.
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European Food Tech Startups Overtook the US to Attract $2B in Investments in 2023
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Green Queen | 19/06/2024 | In terms of who is putting the money in, the EU-backed European Innovation Council Fund has been the most active pre-seed investor since 2016, making 33 investments in the climate-centric food tech space.
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EIC Board
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Michiel Scheffer, president of the EIC, visited the Freiburg Innovation Center FRIZ
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News Bites - Private Companies | 20/06/2024 | The president of the European Innovation Council (EIC), Michiel Scheffer, and the innovation manager of the Steinbeis European Center, Sebastian Grosse-Puppendahl, visited the Freiburg Innovation Center FRIZ on Monday 11 March 2024.
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Events
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CES Unveiled in Beurs van Berlage
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CongresWereld | 17/06/2024 | The Consumer Technology Association (CTA), owner and producer of CES, the world's leading tech event, announces a new partnership with European Innovation Council (EIC) for CES Unveiled in Amsterdam. The collaboration will help identify breakthrough technologies in Europe, which will be showcased at the event in the Beurs van Berlage on October 15, 2024.
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Eugenides Foundation: Digital innovation and defense at the center of the conference
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Business Daily GR | 17/06/2024 | The Minister of Digital Governance, Dimitris Papastergiou, will close the StartSmart SEE Summit 202 with a speech that will emphasize the importance of digital innovation in shaping the future technological landscape of Greece and will award the awards to the winners of the Accelerator.
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Open Event For The EIC Accelerator At The Epirus Science And Technology Park
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EPIRUS TV NEWS | 20/06/2024 | The PRAXI Network, National Contact Point of the European framework program for research and innovation Horizon Europe, organizes on Tuesday 2 July 2024 an open event on the topic: "EIC Accelerator: Funding opportunities, procedures and support" .
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This is a newsletter from the European Innovation Council and SMEs Executive Agency (EISMEA)
EIC Weekly Media Review is published every Monday.
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