"EIC Weekly Media Review" Newsletter Issues

Grant support for startups in the healthtech sector in 2024. What and how to get EU money? (02/05/2024)

Mam Startup PL | 30/04/2024 | When considering available sources of financing for the development of innovation, the international level, including the EIC Accelerator programme, should not be ignored.

Medicsen obtains five million euros of financing (02/05/2024)

El Referente | 29/04/2024 | The Spanish company Medicsen has secured five million euros of non-dilutive financing through four international instruments, including the EIC Accelerator, to conduct clinical trials with its needle-free drug delivery device.

6.5 million to the University of Trento to fight cancer (06/05/2024)

Ansa.it | 03/05/2024 | A loan of 6.5 million euros for studies to combat cancer through artificial cells capable of identifying the pathology and treating it. This is the amount of Horizon Europe EIC Pathfinder Open resources reserved for two projects carried out by the Department of Cellular, Computational and Integrated Biology (Cibio) of the University of Trento: "Bio-Hhost" and "Omicsens".

neuroClues closes €5M for eye-tracking device to diagnose neurological disorders (02/05/2024)

Tech Funding News | 30/04/2024 | French-Belgian medtech startup neuroClues is building accessible, high-speed eye-tracking technology that incorporates AI-driven analysis. The startup is announcing the close of a €5 million pre-Series A round of funding, led by White Fund and the European Commission's EIC Accelerator programme.

The AHA!-awards 2023 granted the "One-to-watch" award to D-CRBN, a spin-off from the university of Antwerp, which has successfully converted carbon dioxide into valuable raw material on an industrial scale (02/05/2024)

Science Link | 30/04/2024 | On Tuesday, April 16, during the Antwerp Innovation Night, the AHA!-awards 2023 were presented to the most innovative researchers and companies in Antwerp. The "One-to-watch" company D-CRBN is the only Belgian company, out of 1083 applications, to have receive a €2.5 million grant from the EIC Accelerator programme this year.

Polish NCBR will start recruitment for the Seal of Excellence competition (02/05/2024)

Wnp | 29/04/2024 | On June 10, NCBR will start recruitment for the Seal of Excellence competition supporting industrial research and experimental development work. Applications will be accepted until August 2. The budget is PLN 35 million. The competition is addressed to Polish micro, small and medium-sized enterprises whose projects have been positively assessed by the European Commission and received the Seal of Excellence certificate under the EIC Accelerator instrument of the Horizon Europe program, but due to budget constraints they did not receive funding.

Artificial Heart Market Size, Share | Growth Report 2031 (03/05/2024)

Mena FN | 02/05/2024 | With European Innovation Council financing, ArtOfHeart is spending €38 million on clinical and pre-clinical testing of Scandinavian Real Heart AB's artificial heart.

EIC awards Riverlane £2.1M for quantum error detection (02/05/2024)

Tech EU | 01/05/2024 | Cambridge-based Riverlane, a quantum startup developing error detection technology, has been awarded a £2.1M European Innovation Council (EIC) Transition grant backed by the Department for Science, Innovation & Technology (DSIT).

Defacto Technologies secures €2.5 million from Europe (06/05/2024)

La Région Auvergne-Rhône-Alpes Entreprises | 03/04/2024 | Defacto Technologies, an Isère pioneer in the field of integrated circuit design solutions, is a winner of the EIC Accelerator, a support program for innovative European SMEs, and more particularly deeptech start-ups.

Innovation, Eic Transition Open 2024: budget of 94.5 million for 36 projects (02/05/2024)

ildenaro.it | 26/04/2024 | Applications for the EIC Transition Open 2024 call will remain open until 18 September 2024 , aimed at supporting innovation activities that go beyond experimental demonstration in the laboratory.

Vitestro Secures $22 Million (€20 million) for Autonomous Blood Draw Device (02/05/2024)

Ducth Life Science | 30/04/2024 | Co-led by return investor Sonder Capital and new investor NYBC Ventures, with participation from Invest-NL, the European Innovation Council Fund (EIC Fund), and existing private investors, the oversubscribed funding round will support Vitestro’s commercialisation in Europe and its organizational expansion into the U.S. market.

Tech sovereignty is bad for exits - Alice & Bob’s founder on quantum, IPOs and competing with big tech (03/05/2024)

Sifted | 03/05/2024 | CEO Théau Peronnin is confident that the company can outpace some of the world’s biggest technology companies. To date, the company has raised €30m from French VCs Elaia, Breega and Supernova Invest, as well as the European Innovation Council (EIC) fund and French public bank Bpifrance.

Europe “lagging behind” in innovation and start-ups (02/05/2024)

The Pie News | 28/04/2024 | “Europe is still reasonably good in science, but it’s really lagging behind in valorising that science in industrial application,” said Michiel Scheffer, president of the board of the European Innovation Council.

EIC Board President Michiel Scheffer at the Innovation Talk 2024 (02/05/2024)

innovation Norway | 29/04/2024 | EIC Board President, Michiel Scheffer, will present the EIC at the upcoming "Innovation Talk 2024", Innovation Norway's most important annual event, on 6 May at 12:00 CET in Oslo.

EU should spend more on Horizon Europe, Macron says (26/04/2024)

Science|Business | 25/04/2024 | In a searing speech at the Sorbonne University, the French president said the EU needs to invest a lot more money in research and innovation. He praised the work of the European Innovation Council (EIC) so far; but with a budget of only €10 billion euros for seven years, its impact is limited, and the EU could go even further in supporting breakthrough innovations.

Bulgarian commissioner: To adequately finance R&D, the EU needs private capital (15/04/2024)

Euractiv | 15/04/2024 | Europe - “It can already be seen that the latest numbers bring me quite a bit of optimism. Because let’s not only be critical, let’s also say the good things when there are. Over €2 billion have already been invested by the European Innovation Council. Last year, around 350 startups were supported. Every euro invested by the European Innovation Council brings an additional €3.5 of private capital attracted. That’s exactly the point. We have to develop it and make it work’".

Ukrainian S.Lab start-up is on a quest for green packaging (26/04/2024)

InnovationOrigins | 19/04/2024 | Recent winner of the EU Prize for Women Innovators (category: EIT Women Leadership) Ukrainian start-upper Julia Bialetska has developed biodegradable packaging with her company S.Lab.

EU – Turkey cooperation on green and digital transition (26/04/2024)

ModernDiplomacy.eu | 25/04/2024 | Iliana Ivanova, European Commissioner for Innovation, Research, Culture, Education and Youth, and Mehmet Fatih Kacır, Minister of Industry and Technology of the Republic of Türkiye, have announced that three innovation programmes from Türkiye are now certified to take part in the European Innovation Council (EIC) Plug-in scheme, which will enable them to submit projects from their portfolio directly to the full application stage of the EIC Accelerator.

Commission allocates additional €10 million to support researchers from Ukraine under Horizon Europe (26/04/2024)

Delegation of the European Union to Ukraine | 19/04/2024 | The Commission has topped up the budget of the MSCA4Ukraine initiative, set up to support researchers forced to flee Ukraine, with an additional €10 million. The scheme, set up under Marie Skłodowska-Curie Actions (MSCA) has supported displaced researchers since the start of the Russian war of aggression against Ukraine. [...] The EU has recently opened a Horizon Europe Office in Kyiv and set up a scheme to help Ukrainian deep-tech companies under the European Innovation Council (EIC).

Olaf Scholz adds to calls for capital markets union to solve EU innovation woes (26/04/2024)

Science|Business | 24/04/2024 | Speaking at Germany’s annual science and innovation summit in Hannover, German chancellor Olaf Scholz has thrown his weight behind an EU capital markets union to close the bloc’s innovation gap with the US by allowing far more private funding to flow into European start-ups.

STIMULUS project develops novel imaging technology for early cardiovascular disease detection (26/04/2024)

University of Turku | 19/04/2024 | The STIMULUS project consortium, funded by the EIC Pathfinder, is developing new tools to assess adverse changes in microcirculatory status associated with hypertension, chronic kidney disease and heart failure, leading to earlier detection of cardiovascular diseases.

Romanian Co-Founded Startup Swisspod Seeks €7 Million For Hyperloop Revolution (26/04/2024)

Romania Journal | 18/04/2024 | Swisspod Technologies, a startup founded by 2 winners of the SpaceX Hyperloop Competition — Romanian Denis Tudor and Cyril Dénéréaz, announces a new round of €200,000 on SeedBlink as part of a total funding round of €7 million.

I-SCREEN programme will use AI and OCT imaging to identify and monitor AMD (26/04/2024)

Ophthalmology Times Europe | 17/04/2024| A new research project in Europe entitled I-SCREEN is designed to help with the early detection of age-related macular degeneration (AMD). The I-SCREEN project uses an artificial intelligence (AI) programme that is compatible with optical coherence tomography (OCT) scanners. The programme will use these images to identify and monitor AMD in its early stages.1 I-SCREEN will bring together 12 institutions across Europe, including Queen’s University Belfast, and will receive 4.7 million euros from the European Innovation Council’s (EIC) Pathfinder programme over the next four years.

Eating light: Finnish startup begins making food ‘from air and solar power’ (26/04/2024)

The Guardian | 19/04/2024 | Read about the EIC Pathfinder project 'Hydrocow' which developed solein, a protein grown with CO2 and electricity, that is hoped to help cut environmental impact of farming

German storage heat pump manufacturer Envola to build heat pump plant in Bulgaria's Burgas - city (26/04/2024)

SeeNews | 26/04/2024 | German storage heat pump manufacturer Envola, a company supported by the EIC Accelerator, intends to invest 50 million euro ($53.6 million) in a new plant in Bulgaria's coastal city of Burgas as part of plans for expansion in southern Europe, the local government said.

Defacto Technologies wants to simplify the design of electronic circuits (26/04/2024)

LesEchos.fr | 16/04/2024 | The Grenoble-based company markets software tools for creating complex integrated circuits. It has just been named winner of the European EIC Accelerator program and will receive 2.5 million euros in grants to develop its new technological solution.

Eindhoven-spinoff Vitalfluid raises €5M for its plasma-water alternative to pesticides (26/04/2024)

Silicon Canals | 18/04/2024 | Vitalfluid, an agritech spin-off from Eindhoven University of Technology, has announced that it has raised €5 million in seed funding. [...] Two years ago, regional development fund BOM and VDL Group poured €2M into the Eindhoven agtech company. European Innovation Council Accelerator programme provided grants worth €1.45M, according to Dealroom.

Cornel Amariei, founder of .lumen: the EU bet on us that we will become a deep tech unicorn (26/04/2024)

Wall-Street Romania | 18/04/2024 | In December 2021, .lumen received €9.7 million in funding from the European Innovation Council (EIC). The startup from Cluj-Napoca was the first in Romania to receive funds through this programme.

ORIXHA receives EUR 4 million from EIC FUND and BPIFRANCE (26/04/2024)

Fusacq | 18/04/2024 | Orixha announces a EUR 4 million raised from the European Innovation Council Fund and the French Tech Seed fund, managed on behalf of the State by Bpifrance in the framework of France 2030. This perm funding and Orixha to develop and clinically validate its total liquid ventilation technology for the intensive care of reanimated cardiac arrest.

EIC Info Day in Luxembourg - 23 April 2024 (26/04/2024)

LuxInnovation | 24/04/2024 | The info day on 23 April 2024 provided information and hands-on advice on applying for EU funding for breakthrough technologies and the scaling up of innovations.

Anna Panagopoulou: Changemakers are flocking to the new world of EU innovation (12/04/2024)

Innovators Mag | 12/04/2024 | Europe - At the European Innovation Council Summit, Anna Panagopoulou, Director of ERA and Innovation at the European Commission, said the EU will do everything it can to deliver the twin green and digital transition. Interview.

TNW Podcast: Jean-David Malo on EU money for startups; quantum without noise (10/04/2024)

The Next Web | 10/04/2024 | Europe - The guest of the show is Jean-David Malo, Director of the Executive Agency for EIC and SMEs (EISMEA). It’s a long title — but you’ll understand every bit of it if you listen to the conversation.

To DigiPRO, the boss of European startup funding: we do not support seeds in order to sell them to foreigners (10/04/2024)

DigiPRO | 10/04/2024 | Estonia - Jean-David Malo, director of the European Innovation Council (EIC), told DigiPRO in an interview why it is necessary to invest the money of European citizens in the risky start-up sector, and how it is dealt with that it is distributed as fairly as possible between the startups of all member states. Contact EISMEA-MEDIA-MONITORING@ec.europa.eu to receive the full article (in English or Estonian).

Deep tech expert guiding Europe's seed portfolio: The problem is not that the EU is too generous (10/04/2024)

DigiPRO | 10/04/2024 | Estonia - Board member of the European Innovation Council (EIC), lecturer at the Massachusetts Institute of Technology (MIT) and deep technology investment expert Lars Frølund gave an interview to DigiPRO as part of the technology event EIC Summit, in which he talked about how European citizens' money is used for seed investments and to which areas it is directed. Contact EISMEA-MEDIA-MONITORING@ec.europa.eu to receive the full article (in English or Estonian).

Why Europe is losing the race for innovation (10/04/2024)

Die Welt | 10/04/2024 | Europe - The European Union (EU) continues to lose ground in the global race for promising technologies. When it comes to research and development expenditure in growth sectors such as biotechnology or the digital economy, the USA is far ahead. The Chinese have also risen to become a global power factor in some future technologies in just ten years.

France, Germany, Italy call for single EU industrial strategy (09/04/2024)

Science|Business | 09/04/2024 | Europe - It is time for Europe to “show its teeth”, said French finance minister Bruno Le Maire as he hosted his counterparts for a third tripartite meeting on European industrial policy. To encourage more private investment the EU should be more ambitious in the implementation of the Capital Markets Union, facilitate the approval of state aid, and accelerate the mobilisation of private finance for deep tech through the European Tech Champions initiative and the European Innovation Council.

How to enable Europe to innovate “at the border” (11/04/2024)

Les Echos | 11/04/2024 | Europe - Why is Europe lastingly lagging behind in advanced technologies and high-tech industries? And how can she get back into the race? A recent study, co-written by Jean Tirole and Daniel Gros, answers these two questions in a very luminous way.

European University Association sets out its wish list for Framework Programme 10 (09/04/2024)

Science|Business | 12/04/2024 | Europe - Lobby group joins calls for greater ‘alignment’ of the European Innovation Council and the European Institute of Innovation and Technology.

Europe sees the importance of breakthrough innovations – does Poland too? (10/04/2024)

Komercja24 | 10/04/2024 | Poland - Leaving the standard approach to development in search of breakthrough solutions to pressing social and environmental problems requires significant financial outlays. Public funds intended to support deep-tech projects are crucial for the development of innovative technologies that can change the face of the economy and society. The European Deep Tech Report 2023 describes the level of European financing for innovative deep tech projects.

Scientific news: the development of neuromorphic artificial intelligence, inspired by the neural networks of the human brain, advances (12/04/2024)

Clip Urbano Salud | 12/04/2024 | Europe - Next-Generation Brain-Like AI' , led by researcher Jordi Madrenas from the Polytechnic University of Catalonia, has received funding through Unite! Seed Fund to implement neuromorphic artificial intelligence. The project is developed jointly with the Instituto Superior Técnico (IST) of Lisbon, Portugal and the Royal Institute of Technology (KTH) of Sweden.

The Ecosystem: European Investment Bank aims to improve SME access to finance in the Baltics (10/04/2024)

Science|Business | 10/04/2024 | Europe - The EIB will think about direct investment once a company has raised capital once or twice already, and has the organisational structure and procedures to put it on a sound investment footing. Reaching that point is more challenging in the Baltics than in other parts of western Europe, although support from local venture funds and alternative lenders is helping, as are grants and investments from the EIC Accelerator.

How Tafalgie Therapeutics wants to establish itself in the colossal pain market (10/04/2024)

La Tribune | 10/04/2024 | France - Tafalgie Therapeutics - which managed to raise 15 million euros and benefits from the support of Bpifrance - has carried out all the preclinical stages, showing on animals (dog, rat, mouse), effectiveness similar to that of opioids. "We are on the eve of entering human clinical trials". The company received 8.5 million euros from the EIC.

Probely among the first 48 companies to join the European Innovation Council’s Scaling Club (12/04/2024)

UPTEC | 12/04/2024 | Portugal - Probely, a startup incubated at the University of Porto Science and Technology Park (UPTEC), is among the first 48 companies to join the EIC’s Scaling Club. The startup is now part of an exclusive community of 100 European deep tech companies and partners, intending to boost its growth and market penetration.

Basemark Secures USD23.85 Million in Series B Venture Funding (12/04/2024)

MarketLine | 12/04/2024 | Denmark - Basemark, a leading provider of automotive AR software that enables original equipment manufacturers (OEMs) to develop AR applications for their cars, has secured EUR22 million in series B funding. The round was a combination of equity, grants, and loans, and was led by ETF Partners, with funding also coming from Finnish Industry Investment (Tesi), Constructor Capital, a single family office based in Zürich, Business Finland, the European Innovation Council, and private investors.

Photonic-electronic integrated circuit-based coherent LiDAR engine (11/04/2024)

nature | 11/04/2024 | Switzerland - Chip-scale integration is a key enabler for the deployment of photonic technologies. Coherent laser ranging or FMCW LiDAR, a perception technology that benefits from instantaneous velocity and distance detection, eye-safe operation, long-range, and immunity to interference. This work received funding from the EU H2020 research and innovation programme under the Marie Sklodowska-Curie and the Horizon Europe EIC Transition grant agreement no. 101113302 (MAGNIFY).

Orixha raises 4 million euros for its total fluid ventilation technology (11/04/2024)

Le Journal des Entreprises | 11/04/2024 | France - Orixha announces that it has raised 4 million euros from the European Innovation Council Fund and the French Tech Seed fund, managed on behalf of the State by Bpifrance in the framework of France 2030. This funding will allow Orixha to develop and clinically validate its total fluid ventilation technology.

FIDUCIAL LEGAL BY LAMY alongside ORIXHA as part of the investment made by the EIC FUND and BPIFRANCE (12/04/2024)

Fiscal Online | 12/04/2024 | France - The law firm FIDUCIAL LEGAL BY LAMY advised and supported the company ORIXHA as part of the investment of around 4 million euros made by the European Innovation Council Fund, the French Tech Seed fund, managed for the State account by Bpifrance as part of France 2030, and the company's historical partners, following the logical continuation of the selection of ORIXHA by the EIC Accelerator of the LuncoLive project at the end of 2022.

CEO interview: Geoffroy Gosset of e-peas (12/04/2024)

EE News Europe | 12/04/2024 | Belgium - E-peas in Belgium has raised €17.5m to scale up its energy harvesting chip business. CEO and co-funder Geoffroy Gosset talks to Nick Flaherty at eeNews Europe about the plans, including an image sensor powered by energy harvesting. The last funding round was joined by new investors Nomainvest, another family office, and the European Innovation Council EIC Fund, as well as existing investors KBC Focus Fund, The Faktory, Wallonie Entreprendre, Noshaq-Leansquare, and InvestBW.

BOYDSense Raises USD7.59 Million in Venture Financing (05/04/2024)

MarketLine | 05/04/2024 | France - BOYDSense SAS, a France-based medical device company developing a platform that makes health monitoring simple and pain free, powered by breath, has secured EUR7 million in a capital increase, from Entry of 3 new investors (Swiss Diabetes Venture Fund, Bioserenity and the European Innovation Council Fund) alongside existing investors (Alpha Mos, Sweet Ventures, Ambrosia Investments and Jolt Capital). BOYDSense thus acquires the means to accelerate the development of its non-invasive glucose monitoring device for people living with diabetes and pre-diabetes.

Startup Funding: March 2024 (10/04/2024)

Semi Engineering | 10/04/2024 | Belgium - The challenge of moving data from place to place is increasingly a key concern for chip and system designers, and investors are taking note. Numerous startups developing interconnect technologies received significant backing in March. e-peas Semiconductors drew €17.5M in financing led by Otium Capital, joined by new investors Nomainvest and EIC Fund. Founded in 2014, it is based in Louvain-La-Neuve, Belgium.

Megarounds make a comeback in Europe (12/04/2024)

Sifted | 12/04/2024 | Europe - There were 42 rounds over $100m in Q1, the most since Q2 2022, and climate tech startups scored the big cheques.

Europe can be a world leader in quantum, says EIC head (12/04/2024)

Sifted | 12/04/2024 | Europe - The European Innovation Council (EIC) Fund, Europe’s most active deeptech investor, is now doing two deals a week, says the president of the EIC Board, Michiel Scheffer.

FOLLOW-UP – EIC Info Day – Financing for scale up breakthrough technologies and game changing innovations: EIC Accelerator (12/04/2024)

MSP | 12/04/2024 | Romania - Michiel Scheffer encouraged the Romanian innovation ecosystem through a mobilizing message - he emphasized how valuable the experience of those who have already applied to the funding program (EISMEA Accelerator Map [EIC Datahub]) can be and the openness to learn from them. He also pointed out the importance of involving external consultants, who would carefully read the application and provide pertinent recommendations. In addition, he promised us that he is coming back live in Romania!

Innovation speech 2024 - Europe (12/04/2024)

Innovasjon Norge | 12/04/2024 | Norway - The Innovation Talk is Innovation Norway's most important annual event where we present what we believe is important for creating value in Norway and give our innovation policy advice to the Minister of Industry. You will hear the Vice-President of the European Commission, Maroš Šefčovič and President of the European Innovation Council (EIC), Michiel Scheffer's views on our common challenges and opportunities. Monday 6 of May 2024 12:00.

From breakthrough technology to the market - information on the support schemes for the EIC (10/04/2024)

Norges Forskningsråd | 10/04/2024 | Norway - Do you work with breakthrough technology with market potential? Then you should become better acquainted with the support schemes of the European Innovation Council (EIC). Event on Tuesday 7 of May. In the programme: Michiel Scheffer - chairman of the Board of the EIC.

AI investment: EU and global indicators (04/04/2024)

EP Think Tank | 04/04/2024 | World - In January 2024, the EU introduced measures to support European start-ups and small and medium-sized enterprises in developing trustworthy AI by granting access to funding, including the Horizon Europe, Digital Europe, EIC accelerator and InvestEU programmes. Moreover, the Regulation on establishing the European high-performance computing joint undertaking (EuroHPC Regulation) is being amended, so that EU companies can access AI supercomputers to train LLMs.

Investments of 320 million dollars in Greek startups in the first quarter (07/04/2024)

Capital.gr | 07/04/2024 | Greece - Resilient, "against" the sluggish climate that dominates startup financing worldwide, remains the Greek startup entrepreneurship ecosystem. In Greece, representatives of VCs express optimism that this year things will go better in terms of funding compared to last year - a year characterized worldwide by stagnation and caution, both on the part of investors and would-be founders.

N. Tavernarakis: "Alzheimer's disease will be the next global pandemic" (02/04/2024)

Reporter | 02/04/2024 | Cyprus - Recognizing the importance of exploiting research as a pillar of sustainable development and social well-being, the European Union has strategically turned to the strengthening of technological innovation in Europe, creating mechanisms such as the European Research Council ( ERC ), the European Institute of Innovation and of Technology ( European Institute of Innovation and Technology , EIT), but also the European Innovation Council ( European Innovation Council, EIC). Interview of President of the Technology and Research Foundation, Professor Nektarios Tavernarakis.

Kmec: We're Taking Measures to Increase Synergy with European Innovation Council (05/04/2024)

TASR | 05/04/2024 | Slovakia - The Vice-premier's Office is implementing measures to increase synergies with the European Innovation Council (EIC) and is preparing to transfer resources from the Slovakia Programme to this programme, stated Vice-premier for EU Funds and the Recovery Plan Peter Kmec (Voice-SD), TASR learnt on Friday from Vice-premier's Office spokeswoman Loretta Pinke in connection with the visit of EIC president Michiel Scheffer.

‘We will lose amazing technology in the long run’: Deeptech founders still struggle to win state support (08/04/2024)

Sifted | 08/04/2024 | Europe - Securing state subsidies remains a “huge challenge” for European deeptech companies, one that could cost the continent some of its most innovative technologies, says Christoph Jenny, cofounder of Swiss plant-based food startup Planted.

Former minister Profumo at the helm of the Entopan scientific committee: «Here is the innovation from Calabria» (06/04/2024)

La News 24 | 06/04/2024 | Italy - Electrical engineer, former rector of the Faculty of Engineering of the Polytechnic of Turin, Francesco Profumo was Minister of Education, University and Research during the Monti Government . He is currently a member of the new board of the European Innovation Council (EIC) and now leads the Scientific Committee of Entopan. Interview.

They are already working on a next-generation neuromorphic artificial intelligence (03/04/2024)

NCYT | 03/04/2024 | Europe - The project is in line with the European Green Deal, by investigating low consumption technologies. Those responsible plan, once the first results have been obtained, to prepare a more ambitious project proposal in the 2024 call of the EIC (European Innovation Council) Pathfinder program, which supports high-risk cutting-edge projects that explore, such as this one from Unite!, new areas, with the aim of becoming potential technologies of the future.

A European project led by IDIBAPS seeks to advance the precise spatio-temporal control of brain activity for therapeutic purposes (02/04/2024)

biotech-spain.com | 02/04/2024 | Spain - This project is coordinated by Mavi Sánchez-Vives , head of the Systems Neuroscience research group at IDIBAPS. META-BRAIN introduces a pioneering stimulation paradigm with promising potential to restore normal patterns of brain activity based on the use of magnetoelectric nanoarchitectures and ultrasonic technologies. With ambitious objectives at its core, the initiative has been supported by the European Union under the Horizon Europe EIC Pathfinder OPEN 2023 call with funding close to 3 million euros.

Scientists from the University of Porto lead a project to avoid wasting vaccines (05/04/2024)

iol | 05/04/2024 | Portugal - Researchers at the Faculty of Sciences are involved in the development of efficient and sustainable equipment to store and transport vaccines safely. As part of the project, which is financed by the Pathfinder program of the European Innovation Council, a discovery by the Porto team that was recently patented will be put into practice – “the rotating magnetocaloric effect” – which allows a temperature change to be induced in a magnetocaloric material by rotation of the magnetic field.

New help for SMEs across the battery value chain in accessing EU public finance (04/04/2024)

Science|Business | 04/04/2024 | Europe - EIT InnoEnergy has set up a one-stop-shop to guide start-ups and SMEs across the battery value chain looking for EU public funding. In the pilot phase, the service will focus on facilitating access to the European Innovation Council’s Accelerator fund, the Innovation Fund, the European Investment Bank’s advisory and venture debt instruments, and the European Bank for Reconstruction and Development.

The prestigious project of the European Innovation Council with the participation of VŠB-TUO aims at the development of new generation biofuels (04/04/2024)

Technicky Tydenik | 04/04/2024 | Czech Republic - An innovative approach to the production of advanced biofuels that respond to the global demand for sustainable energy and reduce dependence on fossil fuels is to be the result of the prestigious European project GlaS-A-Fuels: Single-Atom Photocatalysts Enhanced by a Self-Powered Photonic Glass Reactor to Produce Advanced Biofuels. The European Innovation Council supported it with 800,000 euros.

Elcogen, Skeleton and Ready Player Me among fastest-growing scale-up teams in the Baltics (04/04/2024)

Invest in Estonia | 05/04/2024 | Estonia - Sifted, one of Europe’s most respected startup news platforms, recently published a list of the Baltics’ fastest-growing startup teams. The region is holding strong despite bigger economic headwinds, with $517M raised in 2023. The numbers are even better when it comes to headcount growth. Estonia, home to one of Europe’s densest startup ecosystems, is well represented with three scale-ups: Elcogen, Skeleton and Ready Player Me.

Alias ​​Robotics universalizes robotic cybersecurity (01/04/2024)

Empresa XXI | 01/04/2024 | Spain - The cybersecurity company Alias ​​Robotics will develop the next generation of its RIS (Robot Immune System) platform over the next two years with the support of the European EIC Accelerator program, which, according to its managers, “represents a turning point.” in its short career, marking a before and after.”

Startup Of The Week: Tilkal (05/04/2024)

The Innovator | 05/04/2024 | France - French scaleup Tilkal uses blockchain and machine learning to help customers gain control over their supply chains, with the aim of making them more resilient, sustainable, and ethical. Tilkal is one of 48 deep tech scale ups with the potential to build world-class businesses and solve major global challenges that were selected to join The EIC Scaling Club, a curated community that includes investors, corporate innovators and other industry stakeholders.

Oversubscribed Funding Round Nets Acorai Millions of Dollars (05/04/2024)

MPO | 05/04/2024 | Sweden - Acorai is significantly richer these days, having closed an oversubscribed series seed equity round of more than $4.5 million. The money will be used to finance the company's clinical studies and seek regulatory approval. The financing follows a €2.3 million non-dilutive grant and €10 million in future equity financing from the European Innovation Council (EIC).

LuxQuanta raises 2.5 million to scale its quantum cybersecurity technology (04/04/2024)

MUYPYMES | 04/04/2024 | Spain - The Spanish deeptech for scalable quantum cryptography, LuxQuanta, has been one of the 42 European companies chosen to receive financing from the European Innovation Council Accelerator (EIC) of the European Commission, which combines grants for an amount of 285 million euros intended to finance startups advanced technology and access to risk capital of up to 15 million euros.

Galway firm Mbryonics awarded €17.5m from European Innovation Council (04/04/2024)

Engineers Ireland | 04/04/2024 | Ireland - Galway based space tech company Mbryonics has announced that it has been approved for a recommended investment of €17.5m from the European Innovation Council (EIC) Accelerator.

Faron secures €4.8m in new investment (04/04/2024)

Proactive Investors | 04/04/2024 | UK - Faron Pharmaceuticals Limited (AIM:FARN) has successfully raised €4.8 million in a share placing as management works on a longer-term funding plan that will allow it to complete a phase II trial of its promising cancer treatment. The share placing attracted support from both new and existing shareholders, including significant investments from the European Innovation Council (EIC Fund) alongside other Finnish and international investors.

UPTEC startup founder is a European Commission innovation ambassador (02/04/2024)

UPTEC | 02/04/2024 | Portugal - Verónica Orvalho, founder of Didimo, a startup incubated at UPTEC – Science and Technology Park of the University of Porto, has just joined the European Innovation Council (EIC) ‘s list of ambassadors.

Doing business in the United States: what you need to know about tax considerations for international companies (04/04/2024)

EEN | 04/04/2024 | Europe - The webinar aims at European small and medium-sized enterprises (SMEs), start-ups (ready to scale internationally), beneficiaries or holders of seals of excellence of the European Innovation Council, European clusters and cluster managers, business advisers of the Enterprise Europe Network and other European business support organisations, including all stakeholders of the ‘Friends of EEN’ initiative. 18 April from 16 to 17.

Europe needs a strong and strategic research budget, says EU commissioner (26/03/2024)

Science|Business | 26/03/2024 | Europe - In an interview with Science|Business, Iliana Ivanova outlines her goals for the rest of her term, where Europe stands in the global technology race - and the need to discuss if dual use military/civilian research should feature in FP10. The Commission is planning to launch an accelerator scheme in 2025 to support companies in Widening countries in accessing the EIC. Several other pilot initiatives under the Widening are to be announced in the coming months, under revised 2023-2024 work programmes, but Ivanova could not give any details at this stage.

Women TechEU launches with €12 million in equity-free grants for women founders in deep tech (28/03/2024)

Business Today | 28/03/2024 | Europe - The second edition of Women TechEU, an EU-funded project supporting women leading deep tech startup companies from Europe has been launched and opened its first call for application. The project launched during the European Innovation Council (EIC) Summit held during R&I week Brussels between 18 and 22nd March. Several prominent attendees visited the project’s stand, including the EU Commissioner for Innovation, Research, Culture, Education and Youth, Iliana Ivanova.

TNW Podcast: Ukrainian startups, European quantum tech, Michiel Scheffer on the future of the EIC (27/03/2024)

TNW | 27/03/2024 | Europe - Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the most interesting people in the industry. In today’s episode, Linnea, Tom (!), and Andrii talk about Ukrainian startups, drones, information security, European quantum landscape, reverse brain drain, and a lot more. The guest of the show is Michiel Scheffer, President of the Board of the European Innovation Council.

Minister Stoycheva: The knowledge economy develops on the basis of human talent (28/03/2024)

3E News | 28/03/2024 | Bulgaria - "As a result of our actions in the last nine months, Bulgaria managed to present its entrepreneurial ecosystem as one of the most dynamic. Proof of this is that, within just 6 months, three Bulgarian companies that started in Bulgaria were selected and presented at the "Innovation and Science Week" forum in Brussels, where the projects of the European Innovation Council were presented," said the M. Stoycheva Minister of Innovation and growth.

EU sets out plan to simplify biotech regulation and speed up approvals (26/03/2024)

Science|Business | Europe | 26/03/2024 - The Commission is promising to review its Bioeconomy Strategy by the end of 2025, which could include a stronger industrial dimension. To help companies scale up, the Commission will advocate for the inclusion of specific challenges on biotech and biomanufacturing in the European Innovation Council (EIC) accelerator work programme for 2025. “Europe cannot remain only a fantastic cradle of ideas for the rest of the world. What is born here should also have the opportunity to grow here,” Vestager said.

CorPower Ocean joins EIC Scaling Club’s community (29/03/2024)

Offshore Energy | 29/03/2024 | Sweden - Swedish company CorPower Ocean has been chosen to join the EIC Scaling Club, an EU-backed community of 100+ European high-growth deep-tech champions and their partners.

Fundraising: how to (well) finance deeptech? (27/03/2024)

Maddyness | 27/03/2024 | Europe - Europe has chosen to finance Deeptech projects and startups thanks to a continuum of financing and investment - EIC Pathfinder, EIC Transition and EIC Accelerator - dedicated but more broadly through the mechanisms offered in the framework of Horizon Europe programme.

Swedish School of Textiles researchers break new ground in textile technology (27/03/2024)

University of Boras | 27/03/2024 | Sweden - The new Stelec project, funded by the EIC Pathfinder funding programme, enables basic research in textile technology. These include major technological breakthroughs in three areas to make e-textiles more sustainable.

15 Spanish startups to watch from outside Barcelona and Madrid (01/04/2024)

Sifted | 01/04/2024 | Spain - The Basque Country, Valencia and Málaga are showing innovation can flourish far from Spain’s two biggest tech hubs. Sherpa is an AI startup that develops conversational digital assistants. Since its launch in 2013, Sherpa has raised about $32m, with Madrid-based VC firm Mundi Ventures as its main backer — including a €1.4m European Innovation Council grant.

Wind power: Greenov’s prototype underwater noise membrane tested in Saint-Nazaire (26/03/2024)

Mer et Maritime | 26/03/2024 | France - On March 21, the Greenov company presented the prototype of its SubSea Quieter technology (“sea silencer”) installed in Saint-Nazaire. An inflated membrane that attenuates underwater noise from maritime works by introducing a layer of air to preserve marine fauna, while consuming less energy than traditional bubble curtains. A sign of the interest aroused by SSQ in pile driving, in addition to the support of Ademe and the European LIFE and EIC Accelerator programs, three major players in offshore wind power, EDF Renewables, TotalEnergies and Equinor, are coming to sign a Joint industrial partnership (JIP) with Greenov to accelerate the development of the system.

Tafalgie Therapeutics: an alternative painkiller to opioids (27/03/2024)

Challenges | 27/03/2024 | France - Tafalgie Therapeutics is developing a new generation of pain-relieving peptides without the disabling side effects of opioids. This start-up is part of the “100 start-ups to invest in 2024” selection by Challenges. The Marseille start-up, winner in 2023 of the prestigious grant from the European Innovation Council, needs new funds. “2026 will be a crucial year for us."

Quantum computing: the French startup racing against US tech giants (02/04/2024)

Sifted | 02/04/2024 | France - In the increasingly competitive world of quantum computing, Paris-based startup Pasqal is starting to make a name for itself. Governments are showing a strategic interest in its potentially revolutionary technology: it’s so far raised $140m from investors including the European Innovation Council, Singaporean sovereign wealth fund Temasek, France’s state bank Bpifrance and its Ministry of Defence.

NeuroClues: detect neurological disorders before the first symptoms (27/03/2024)

Challenges | 27/03/2024 | France - NeuroClues' mission is to empower clinicians with biomarkers that allow them to identify neurological disorders (Parkinson's disease, Alzheimer's disease and multiple sclerosis) years before visible symptoms appear. This start-up is part of the “100 start-ups to invest in 2024” selection by Challenges. Since its birth in spring 2020, Neuroclues has progressed at a gallop: it completed a first round of funding (2.5 million), was accelerated and financed by the European Innovation Council (for the same amount) and won 2, 2 million in public aid.

Mbryonics awarded €17.5 million from European Innovation Council (28/03/2024)

Advertiser.ie | 28/03/2024 | Ireland - Galway based space tech company Mbryonics have announced that they have been approved for a recommended investment of €17.5m from the European Innovation Council (EIC ) Accelerator. The €17.5 million investment will allow the company establish a significant manufacturing, assembly, and testing facility for optics and photonics in the west of Ireland over the next five years.

The Baltics’ fastest-growing startup teams (02/04/2024)

Sifted | 02/04/2024 | Baltic Countries - Startups and scaleups across Estonia, Lithuania and Latvia have grown in employee headcount despite the economic odds — here's how. Elcogen in Tallin is a manufacturer of clean energy technology that delivers affordable green hydrogen and emission-free electricity. It develops and manufactures solid oxide electrolyser cells which are used to produce green hydrogen, and solid oxide fuel cells which convert hydrogen into electricity. The startup received funding from the European Innovation Council and UK-based HydrogenOne Capital Growth.

Business on fallen leaves: how Ukrainian startup Releaf Paper is changing the European environmental industry (29/03/2024)

IT Community | 29/03/2024 | Ukraine - In 2020, the Ukrainian startup Releaf Paper became a real breakthrough in the field of eco-innovation. A young company has created a formula for paper made from fallen leaves. It all started with the scientific work of schoolboy Valentin Frechka. And it has grown into a business that launches production in France and other EU countries. The eco-startup received a grant from Google and won the EIC Accelerator 2022 program from the European Commission. The team collaborates with L'Oréal, Chanel, BNP Paribas, LVMH and Logitech.

Rethinking wind power’s towers and turbines (25/03/2024)

Horizon Magazine | 25/03/2024 | Sweden - At first glance, the wind-turbine tower that rises from the green landscape in the Swedish municipality of Skara looks like any other. It reaches a height of 105 metres and, at the top, supports a familiar trio of big rotating blades. But unlike most wind-turbine towers, which are made of steel, this one is wooden. It represents the first commercial installation by Swedish engineering company Modvion – and it could point to the future of wind energy.

Companies reinforce computer security in the face of the development of quantum computing (01/04/2024)

Activos | 01/04/2024 | Spain - The Spanish company Multiverse prepares 'Lobotomizer' due to the need to protect algorithms and information in an environment of geopolitical uncertainty. In recent months, it has achieved several milestones: it has won the Future Unicorn 2024 award from DigitalEuropa and has closed an investment round of 25 million with contributions from Quantonation Ventures , the European Innovation Council Fund, Redstone QAI Quantum Fund and Indi Partners.

The European Commission is investing in an AI semiconductor manufacturer (28/03/2024)

okosipar.hu | 28/03/2024 | Hungary - The European Innovation Council (EIC) Fund entered into the 20 million dollar financing round of NeuReality Ltd., a semiconductor manufacturing startup dealing with artificial intelligence. The newly raised capital is expected to accelerate the rollout of the company's NR1 AI Inference Solution to even more customers. With this latest investment, in which EIC also became a part, NeuReality's total funding jumped to $70 million.

EU-Startups Summit Celebrates 10th Anniversary in Malta (27/03/2024)

ITKey Media | 27/03/2024 | Malta - 10th Annual EU-Startup Summit in Malta welcomes all founders, investors, and all the startup people. The date is May 9-10th, and the place is Mediterranean Conference Center in Valletta. Panel discussions, keynote speeches, and fireside chats from top-tier ecosystem players await, as well as the Summit’s signature live startup pitches with valuable prizes. Among the speakers: Bart Becks, Board Member at European Innovation Council.

Airborne Wind Energy developer Kitemill prepares for 24hour operation and multi-device demonstrations (01/04/2024)

EV Wind | 01/04/2024 | Norway - Norwegian Airborne Wind Energy developer Kitemill is preparing its technology for 24-hour continuous flights followed by multi-device demonstrations, marking a significant breakthrough for the industry. Later in the year, Kitemill unveiled plans for its first commercial scale system, KM2. The ground-breaking technology is set to feature in the €7.5m Norse Airborne Wind Energy Project (NAWEP), backed by the EU Innovation Fund, with a total of 12 KM2 units due for installation.

How to make the perfect dragons’ den pitch (22/03/2024)

Innovators Mag | 22/03/2024 | Europe - Pitching for new investment is a sink or swim moment that can strike fear into even the most confident young companies. It’s a big opportunity, a chance to take things to the next level, and for early-stage startups, scaleups and larger SMEs, success or failure will hinge on impressing the person sitting in front of them – so getting the approach right is everything. But what does it take to produce a great pitch? You want to stand out, of course, but only for the right reasons.

Commission announces new initiatives to support women in science and innovation (21/03/2024)

Science|Business | 21/03/2024 | Europe - Awarding the Women Innovators prize this week, research commissioner Iliana Ivanova unveiled a series of initiatives to encourage more women and girls to pursue research careers.

The Sardegna Ricerche agency receives the "EU prize for innovation" (21/03/2024)

ANSA | 21/03/04/2024 | Italy - In the "Procurement for Innovation Initiatives" category, the winner is the initiative of the Group for Procurement for Innovation (Gpi) which was created by Sardegna Ricerche, a regional agency that promotes scientific research and technological innovation in Sardinia.

The EU recognizes the contribution of Andalusia to innovation in the purchase of health products and services (22/03/2024)

Gente Digital | 22/03/2024 | Spain - The Andalusian Health Innovation Public Procurement Program (CPI) has been recognized with second prize in the European Innovation Procurement Awards, an honor that highlights the region's contribution to innovation in the acquisition of products and services in the field. Of the health.

Maltese CEO Angele Guliano re-appointed as European Innovation Council Ambassador (22/03/2024)

MaltaCEOs | 21/03/2024 | Malta - Maltese CEO Angele Giuliano from AcrossLimits has been appointed European Innovation Council (EIC) Ambassador for the third year in a row in recognition for her work in relation to the innovation ecosystem in Europe. The announcement was made on 19th March by EU Commissioner for Innovation, Research, Culture, Education and Youth Iliana Ivanova, during the EIC Summit 2024 in Brussels.

Commission announces new initiatives to support women in science and innovation (21/03/2024)

Science|Business | 21/03/2024 | Europe - Research commissioner Iliana Ivanova announced new initiatives to boost women’s participation in research and innovation as she awarded the 2024 Women Innovators prize at the opening of the annual R&I week in Brussels. Ivanova also announced the fourth edition of the EIC Women leadership programme, which aims to enhance the skills of female entrepreneurs, upgrade infrastructure, and offer guidance, mentoring, and coaching.

Three million euros fund research led by the University of Coimbra to develop new technology to regenerate the brain (22/03/2024)

University of Combria | 22/03/2024 | Spain - The research project REGENERAR: Improving the Effectiveness and Safety of Epigenetic Editing in Brain Regeneration, led by the researcher from the UC Faculty of Medicine, the UC Center for Neuroscience and Cell Biology (CNC-UC) and the associated laboratory Center for Innovative Biomedicine and Biotechnology (CIBB), Lino Ferreira, will be funded with around three million euros (2 943 233) by the European Commission, more specifically by the European Innovation Council under the Pathfinder Open program, which funds interdisciplinary projects that open doors to innovative technological breakthroughs.

Three Dutch projects selected for EIC transition (21/03/2024)

Neth-ER | 21/03/2024 | The Netherlands - Three Dutch projects have been selected for the EIC transition cut-off. These projects are part of 27 projects selected to bring new technologies to the market. The European Innovation Council (EIC) will distribute a total of around 63 billion euros here, according to its publication on the EIC transition cut-off round of 2024.

European Innovation Council backs photonics in latest funding round (21/03/2024)

Optics.org | 21/03/2024 | Europe - The European Innovation Council (EIC) Accelerator program, a European Commission scheme designed to support startups in the region, has awarded funding to several photonics companies in its latest competitive round. Following the most recent EIC Accelerator cut-off date last November, 42 companies were selected to share €285 million of blended grant and equity support that is intended to attract further venture finance from the private equity sector.

DoMore Diagnostics secures EIC Accelerator grant (25/03/2024)

Nordic Life Science News | 25/03/2024 | Sweden - The company has been awarded up to EUR 10 million in grant and equity financing by the European Innovation Council (EIC) Accelerator program to support the company through key milestones leading to commercial launch and scale-up of its digital biomarker Histotype Px Colorectal.

AI Start-Up NeuReality Garners $20 Million in VC/Grant Money (22/03/2024)

Electronic Product Design & Test | 22/03/2024 | Israel - NeuReality, which is responsible from developing the NR1 NAPU server-on-a-chip for artificial intelligence (AI) inferencing tasks, continues to attract financial backing from numerous high-profile sources. It has just gained $20 million in extra funds. This comes from a combination of a European Innovation Council (EIC) grant, alongside venture capitalist (VC) investment from Varana Capital, Cleveland Avenue, XT Hi-Tech and OurCrowd.

Danish healthtech disruptors: 10 game-changing startups transforming healthcare and wellness in 2024 (24/03/2024)

Bright House Financing | 24/03/2024 | Denmark - Hoba Therapeutics. Founder(s): Kenneth Ahrend Petersen Based: 2016. Funding: €27M. Backed by Novo Holdings and Borean Innovation, Hoba Therapeutics is tackling continual ache issues and listening to loss with revolutionary remedies. Based in 2016, the Danish biotech develops novel therapeutics HB-086 for continual neuropathic ache and HB-097 for sensorineural listening to loss, each of which tackle unmet medical wants. Hoba Therapeutics acquired the Accelerator grant from the European Innovation Council in 2021 and the Grand Resolution grant from Innovation Fund Denmark in 2018.

EIC announces €70B valuation of deep tech portfolio (19/03/2024)

Science|Business | 19/03/2024 | Europe - The European Innovation Council (EIC) announced that the total portfolio value of EIC supported companies has surged to nearly €70 billion at the end of 2023, marking a substantial €20 billion increase in just a year. The EIC presented yesterday the Impact Report 2023, a document collecting the results of the 10 billion euros Horizon Europe’s programme in driving innovation and fostering the growth of deep tech enterprises investments.

EIC launches club to help companies grow faster (20/03/2024)

ResearchProfessional | 20/03/2024 | Europe - The European Innovation Council has created a ‘club’ to help technology companies scale up by bringing them together with business partners such as corporations and investors. The initiative will focus on supporting companies developing ‘deep tech’—R&D-intensive, advanced technologies.

Dronamics, cargo drone airline founded by brothers gets €10M from EIC (19/03/2024)

Tech Funding News | 19/03/2024 | Bulgaria - Dronamics claimed to be the world’s first cargo drone airline headquartered in Bulgaria, has snapped a €10 million investment from the European Innovation Council (EIC). This follows the €2.5 million grant raised last year. Notably, Dronamics has been a member of the EIC’s accelerator programme since November 2022. It was selected from nearly 1,000 candidates across the EU as one of the 74 companies to have been awarded funding by the EIC Accelerator program at that round.

Europe’s exceptional women innovators are building a better world (19/03/2024)

Innovators Mag | 19/3/2024 | Europe - Europe’s top female pioneers took centre stage Monday as the winners of the 10th European Prize for Women Innovators were revealed at a ceremony in Brussels. The event was held during the launch of the annual R and I Week, with winners named across three categories: Rising Innovator, Women Innovators, and the EIT Women Leadership category.

European Innovative Women's Award Went to a Turkish Woman (19/03/2024)

Raily News | 19/03/2024 | Turkey - The European Union announced the winners and runners-up of the European Innovative Women Award, which was given for the 10th time this year. Rana Sanyal, Founding Partner and CSO (Chief Science Officer) of RS Research from Turkey, won the first prize. Rana Sanyal develops smart nanomedical products for targeted chemotherapy.

European Capital of Innovation Awards 2024 now open for applications (20/03/2024)

Business Review | 20/03/2024 | Europe - The European Commission launched the tenth edition of the European Capital of Innovation Awards (iCapital). The prize is awarded to European cities that are front-runners of innovations that benefit their citizens. The European Capital of Innovation Awards (iCapital), supported by the European Innovation Council (EIC) under Horizon Europe, recognise those European cities that open their governance practices to experimentation and aim at being role models for other cities by pushing the boundaries of technology for the benefit of their citizens.

EIC presents winners of European Innovation Procurement Awards (20/03/2024)

ERA Portal | 20/03/2024 | Austria - The European Innovation Council (EIC) presented the winners of the European Innovation Procurement Awards at the Belgian Council Presidency's Innovation Procurement Conference on 20 March 2024. The awards recognise outstanding initiatives that drive innovation and address societal challenges across the European Union.

The role of governments in supporting women entrepreneurs (20/03/2024)

Sifted | 20/03/2024 | Europe - Ana Barjasic, a European Innovation Council (EIC) board member, believes the gender funding gap demonstrates a market failure — and governments, the EU and other organisations should step in and fix it. Here she explains how.

EU innovation agency hailed as a ‘game-changer’ (19/03/2024)

ResearchProfessional | 19/03/2023 | Europe - The EU’s flagship innovation agency has been hailed by the bloc’s research and innovation commissioner Iliana Ivanova as a “game-changer” in supporting ‘deep tech’—R and D-intensive, advanced technologies. The European Innovation Council—which is part of the EU’s R and I programme and has a budget of about €10 billion to support the development and commercialisation of cutting-edge technologies—is key to the bloc’s deep-tech ambitions.

Life sciences institutes seek changes for EU innovation funder (18/03/2024)

ResearchProfessional News | 18/03/2024 | Europe - European Innovation Council should “rebalance” public and private funding, says EU-Life. Life sciences institutes have called for changes to the EU’s flagship innovation funder in its next iteration. EU-Life, an alliance of European research institutes, said the European Innovation Council should “rebalance” the way it allocates funding coming from public and private sources.

Adina Vălean, European Commissioner for Transport: "Cluj, a city that is beginning to be synonymous with innovation" (21/03/2024)

MonitoRulcj | 21/03/2024 | Romania - Adina Vălean, the European Commissioner for Transport, stated that the city of Cluj-Napoca is synonymous with innovation and spoke about the support given by the European Union to companies in the field of innovation. As part of the RISEN programme, the European Innovation Council and the European Institute of Innovation and Technology deal with those technologies that are sometimes too risky for private financiers. We already have several projects financed in Romania", Adina Vălean also pointed out.

With 4.18 billion euros raised in 2023, start-ups are driving reindustrialization in France (21/03/2024)

Les Echos | 21/03/2024 | France - The European Commission could soon legislate to promote biotechnologies and bioproduction, a very promising sector, but where the EU is lagging behind the United States and China. The Brussels executive considers it essential to increase funding, even if it already has a number of European instruments, ranging from the Horizon Europe program, to EU4Health, via the Innovation Fund and, now, the Strategic Fund . In particular, he suggests including biotechnology and bioproduction in the 2025 work program of the European Innovation Council.

Techcelerator - recognized by the Financial Times as among the most important startup hubs in Europe and third in Eastern Europe (20/03/2024)

BaniSiAfaceri | 20/03/2024 | Romania - Techcelerator, the SEED accelerator aimed at advanced technology startups from Romania and South East Europe, has been recognized by the prestigious business publication Financial Times in the Europe's Leading Start-Up Hubs 2024 report, a ranking of the most important hubs for startups that offer incubation and/or acceleration programs for people who want to start or grow a company. Regarding the development of the regional ecosystem, Techcelerator is a supporter of the regional internationalization (market readiness) platform StartupReaktor.com and is involved in various pan-European initiatives such as AccelerAction - the development of the European innovation and deep-tech ecosystem and Co-investin - the development the European venture capital ecosystem and provides services for the European Innovation Council - EIC.

Porto researchers lead project to avoid vaccine waste (20/03/2024)

Observador | 20/03/2024 | Portugal - Researchers from the Faculty of Sciences of the University of Porto (FCUP) are leading a European project funded by 3.6 million euros that aims, through new refrigeration technology, to avoid wasting vaccines, keeping them at the recommended temperature.

Three million euros for research led by the University of Coimbra in the area of ​​brain regeneration (21/03/2024)

Noticias de Coimbra | 21/03/2023 | Portugal - The research project REGENERAR: Improving the Effectiveness and Safety of Epigenetic Editing in Brain Regeneration, led by the researcher from the UC Faculty of Medicine, the UC Center for Neuroscience and Cell Biology (CNC-UC) and the associated laboratory Center for Innovation in Biomedicine and Biotechnology (CIBB), Lino Ferreira, will be financed with around three million euros (2,943,233) by the European Commission, more specifically by the European Innovation Council within the scope of the Pathfinder Open program, which finances interdisciplinary projects that open doors to innovative technological advances.

University of Twente spin-off Flowbeams gains €2.5 million grant (19/03/2024)

Optics.org | 19/03/2024 | The Netherlands - FlowBeams, Enschede, The Netherlands, a medical technology spin-off from the University of Twente, has been awarded the European Innovation Council Transition grant, worth €2.5 million.

Interviews with the Director: Tommaso Tedeschi (19/03/2024)

Non Solo Ambiante | 19/03/2024 | Italy - 3Bee is a naturetech company that develops technologies for monitoring and protecting biodiversity. At the end of 2023 3Bee was selected by the European Innovation Council as part of its EIC Accelerator. This will allow us to apply the protocolElement-Eon a total of 250 sites in 4 European states - Italy, France, Germany, Spain - with the aim of scientifically validating the methodology in different climatic and geographical areas. The aim is to release the first biodiversity credits to the market within two years.

IBSAL, in a European consortium endowed with 2.5 million to promote the manufacturing of cellular therapies (20/03/2024)

Saluda Diaro | 20/03/2024 | Spain - The 'Penphomet' project, in which the Salamanca Biomedical Research Institute participates together with the technological company Trince and the NecstGen laboratory, has been selected by the European Innovation Council (EIC) for a significant subsidy of 2.5 million euros. “We are grateful for the support of the EIC in funding the Penphomet project . “It demonstrates that our innovative technology is addressing a crucial gap in the field of cell therapy,” said Philip Mathuis , CEO of Trince.

Top climate tech startups from Europe in 2024 (17/03/2024)

Green Reporter | 17/03/2024 | The Netherlands - Skytree was awarded €2.5M in non-dilutive grant funding from the European Innovation Council (EIC) Accelerator back in November 2023. This funding will support Skytree’s mission to advance climate solutions and accelerate the use of its DAC technology.

Major European grant for D-CRBN recognises the importance of plasma technology (20/03/2024)

Science Link | 20/03/2024 | Belgium - As one of 42 companies – out of 1083 applications – and the only Belgian company, D-CRBN will receive a grant from the EIC Accelerator programme. The European Commission sees great potential in the plasma technology used by the innovative company to convert captured CO2 into CO.

SolasCure Awarded £405K Innovate UK Biomedical Catalyst Grant (20/03/2024)

Pharmaceutical Manufacturer | 20/03/2024 | UK - SolasCure has been awarded a highly competitive Biomedical Catalyst Grant for industry-led research and development (R&D) from Innovate UK. The funding, totalling £405K, will support the continued clinical development of SolasCure’s first investigational product. The Innovate UK funding complements a recently received European Innovation Council Accelerator grantto further de-risk SolasCure’s development of Aurase Wound Gel.

The AI chip hype rolls on: Innatera raises €15m (19/03/2024)

Sifted | 19/03/2024 | The Netherlands - Netherlands-based Innatera — a company that develops processors designed for use in “edge” applications (use cases where you need processing power on smaller devices) — has raised a €15m Series A round to scale up its production and broaden its customer base. The investment came from Invest-NL Deep Tech Fund, the EIC Fund, MIG Capital, Matterwave Ventures and Delft Enterprises.

E-peas raises 17.5 million euros to accelerate the deployment of its very low energy consumption chips (20/03/2024)

La Libre Belgique | 20/03/2024 | Belgium - The technology company e-peas, founded in 2014 in Louvain-la-Neuve by Geoffroy Gosset and Julien De Vos, announces that it has closed a new funding round of 17.5 million euros in order to accelerate the deployment of its solutions. energy collection and expand its product range. This new funding round was led by Otium Capital, a “family office” created by Pierre-Edouard Stérin, the founder of the Smartbox group. Two other new investors, Nomainvest and EIC Fund (European Innovation Council fund), as well as existing investors (KBC Focus Fund, The Faktory, Wallonie Entreprendre, Noshaq-Leansquare and Start. Invest) also participated in the fundraising of funds.

Kaffe Bueno Secures €6.2 Million in Series A Round led by global biorefinery leader Borregaard (19/03/2024)

Renewable Carbon | 19/03/2024 | Denmark - Kaffe Bueno, a leading Danish bioscience company renowned for its innovative approach in valorising coffee by-products, has proudly announced a momentous investment deal led by Borregaard with the participation of the European Innovation Council Fund (EIC Fund), Dalgaard Group, EIFO, PINC and The Yield Lab.

Israeli startup Neureality secures $20m investment for ai data center innovation (19/03/2024)

Cryptopolitan | 19/03/2024 | Israel - The tech industry, Israeli startup NeuReality has successfully secured a $20 million investment aimed at advancing its mission to revolutionize AI data centers. The funding, sourced from a consortium including the European Innovation Council (EIC) Fund, Varana Capital, Cleveland Avenue, XT Hi-Tech, and OurCrowd, underscores the growing confidence in NeuReality’s innovative approach to AI-centric system architecture.

Hawk Biosystems and Alias ​​Robotics Accelerate the European Commission's "EIC Accelerator" (13/03/2024)

Parke | 13/04/2024 | Spain - With this support, a grant of €2.5m and up to €4.5m in capital, the companies will introduce a predictive diagnostic test in hospitals to improve the response of cancer patients to immunotherapies. Located in the Zamudio/Derio Campus of the Basque Technological Park, Hawk Biosystems is a biotechnological company founded by the Francis Crick Institute in the United Kingdom, and aims to ensure that cancer patients receive treatment exactly when they need it.

AbilityPharma receives funds to advance pancreatic cancer trial (12/03/2024)

Clinical Trial Arena | 12/03/2024 | Spain - Catalan biopharmaceutical company AbilityPharma has secured a €7m ($7.65m) investment to progress its Phase IIb clinical trial of ABTL0812, an autophagy inducer that targets metastatic pancreatic cancer. The investment round included contributions from a European-Canadian life sciences syndicate consisting of CTI Life Sciences Fund, Inveready, the EIC Fund, Fitalent and CDTI Innvierte.

UK and EU renew research ties with new London hub and chips partnership (14/03/2024)

Science|Business | 14/03/2024 | Europe - As a hub set up by the European Institute of Innovation and Technology to build UK participation in Horizon Europe opens its doors, the UK joins the EU semiconductor partnership. In addition to getting involved in the KICs, the London hub also aims to promote the participation in other parts of Horizon Europe, including the European Innovation Council, industrial partnerships, and the EU Missions.

Azalea Vision receives European Innovation Council (EIC) Transition Grant of 2.5 million euros (13/03/2024)

DVO | 13/03/2024 | Belgium - Azalea Vision BV (Ghent), developer of smart contact lens technology, has been selected as a laureate of the "European Innovation Council (EIC) Transition" program, with 2.5 million euros in funding awarded. This prestigious award places Azalea Vision among the top innovators in smart lenses and highlights its potential to revolutionize eye care.

14 deeptech soonicorns in Europe (14/03/2024)

Sifted | 14/03/2024 | Finland - Of the estimated $15bn invested in European deeptech companies in 2023, $3.4bn went to British businesses, while France and Sweden secured $3.2bn each. Semiconductor and energy startups saw the biggest uptick of interest from VCs. ICEYE, a spinoff of Aalto University propelled by a European Innovation Council grant, develops data satellite services for security and industry purposes and owns a constellation of satellites that generate high-resolution remote-sensing imagery.

Techcelerator, recognized by the Financial Times as being among the most important hubs for startups in Europe (16/03/2024)

Biz | 16/03/2024 | Romania - Techcelerator, the SEED accelerator aimed at advanced technology startups from Romania and South East Europe, has been recognized by the prestigious business publication Financial Times in the Europe's Leading Start-Up Hubs 2024 report, a ranking of the most important hubs for startups that offer incubation and/or acceleration programs for people who want to start or grow a company. Techcelerator is ranked 51st in Europe and third in Eastern Europe with 74,763 points.

Portuguese scientists develop more sustainable refrigerators (16/03/2024)

Sic Noticias | 16/03/2023 | Portugal - A team of Portuguese researchers is developing more sustainable refrigerators. The technology, with more efficient refrigeration, is currently intended for vaccine transport systems. A team of Portuguese researchers is committed to developing the refrigerators of the future. They used magnetocaloric materials to create a more efficient and sustainable refrigeration technology. With funding from the European Innovation Council they now want to develop a refrigerator for transporting vaccines.

Personalized medicine between digital twins and brain-machine interfaces (16/03/2024)

La Sentinella | 16/03/2024 | Italy - The speech of the Senior Researcher at the IIT of Genoa on the occasion of the RomeCup and the Italian Tech album dedicated to the people in Italy who dedicate themselves to the development and diffusion of artificial intelligence. Artificial intelligence allows to explore application perspectives in a new way such as those based on new generations of brain-machine interfaces that we are developing together with the startup IIT Corticale Srl, or in the Crossbrain project coordinated by the University of Rome Tor Vergata and funded by the European Innovation Council (EIC).

The Catalan start-up LuxQuanta, selected to receive funding from the European Commission's innovation accelerator (12/03/2024)

La Repulica | 12/04/2024 | Spain - A Catalan start-up specializing in quantum technology, LuxQuanta, has been one of the 42 companies selected in the latest call for funding from the European Commission's European Innovation Council Accelerator (EIC).

Cost of damage to Ukraine’s scientific infrastructure over $1.2B and ‘growing every day’ (12/03/2024)

Science|Business | 2/03/2024 | Ukraine - The total cost of reconstructing Ukraine’s public science infrastructure currently stands at more than $1.26 billion (€1.15 billion), according to a study by UNESCO. Russia’s invasion in February 2022 has caused severe damage to Ukraine’s scientific institutions, especially its universities, and UNESCO is highlighting the need for further protection. The EU has set up several initiatives to support scientists in Ukraine and those who have been forced to flee the country. In December last year, the European Innovation Council launched a €20 million package of support for start-ups.

The Catalan ecosystem of innovation in quantum technologies gains momentum with the support of the Government (13/03/2024)

InfoNegocios | 13/03/2024 | Spain - The Catalan quantum cryptography startup LuxQuanta, one of the spin-offs of the Institute of Photonic Sciences (ICFO), has been the only Catalan company of the 42 European companies selected in the latest call for the European Innovation Council Accelerator (EIC), the program of acceleration framed in the EU funding program for research and innovation Horizon Europe. The EIC, which offers support to emerging companies and SMEs that promote innovative and disruptive products, services or business models, has already chosen the ICFO's other quantum technologies spin-off, Quside, in the previous call for the startup acceleration program.

EIC selects 27 projects to receive funding; 3 are from the Netherlands (12/03/2024)

Silicon Canals | 12/03/2024 | The Netherlands - The European Innovation Council (EIC) has announced that 27 projects have been selected from the September 2023 EIC Transition cut-off. Out of the total, three are from the Netherlands. These successful proposals were chosen from 257 eligible submissions and will each receive a grant of up to €2.5M. Participants from 16 EU Member States and Horizon Europe-associated countries have been selected.

Meet the most active investors backing European climate tech startups (18/03/2024)

Silicon Canals | 18/03/2023 | Europe - The European climate tech looks promising for 2024 with the positive developments last year. Fueling this optimism is the growth of climate tech startups in the EU, driven by the need to solve climate problems such as sea-level rise and intensifying natural disasters.

Safety-creating technology is introduced in all nursing homes in the municipality (12/03/2024)

Linköping | 12/03/2024 | Denmark - After a successful pilot project at Kärna and Berga nursing homes, safety-creating technology will now be introduced at all nursing homes in the municipality. Ekhult's nursing home is one of the homes that has now started using digital aids. The project is one of the many reasons why Linköping won a prize at the iCapital Awards and was named Europe's most innovative city.

Start-up receives 2.5 million subsidy for needle-free injection technology (12/03/2024)

SKIPR | 12/03/2024 | The Netherlands - The Dutch start-up FlowBeams will receive a subsidy of 2.5 million euros to further develop their needle-free injection technology and bring it to the market. The money comes from the European Innovation Council (EIC) Transition programme.

European Capital of Innovation Awards 2024: Call for Applications (14/03/2024)

Pledge Time | 14/03/2024 | Europe - The European Capital of Innovation Awards (iCapital), supported by the European Innovation Council (EIC) under Horizon Europe, recognize those European cities that open their governance practices to experimentation and aspire to be models for other cities, pushing the boundaries of technology for the benefit of their citizens. Jean David Malo, Director of the European Innovation Council and the Executive Agency for SMEs, inaugurated this edition in a ceremony in Linköping (Sweden)the emerging European city for innovation of 2023.

The Ecosystem: building a bridge across the start-up investment gap in central and eastern Europe (06/03/2024)

Science|Business | 06/03/2024 | Europe - Investors outside central and eastern Europe have an enduring lack of confidence in the region. “To be brutally frank, we are still seen as the weird child of Europe,” Gajšek said. “We are not the first thought when it comes to investors seeking returns.” These tensions are also apparent to observers outside the HICEE project. For Ana Barjasic, chief executive of Connectology and chair of the European Innovation Council board’s Widening countries working group, start-ups in the region face the same challenges when seeking investment as those from elsewhere. The difference lies in the availability and sophistication of support infrastructure.

Unilever and Perfect Day’s animal-free dairy dessert: Is precision fermentation the future of dairy? (06/03/2024)

Ingredients Network | 06/03/2024 | Europe - The EU revealed plans to invest €50 million in 2024 to assist startups in scaling up the production of alternative proteins, including precision fermentation technologies. This investment, part of the European Innovation Council’s Work Programme 2024, aims to enhance the sustainability, efficiency, and resilience of the European supply chain by supporting small businesses in the alternative protein sector.

The rector of the Polytechnic of Bari Francesco Cupertino will be the Italian representative of "Horizon Europe": the appointment by the ministry (02/03/2024)

La Reppublica | 02/03/2024 | Italy - The rector of the Polytechnic of Bari Francesco Cupertino has been appointed Italian representative in the Horizon Europe committee, the European program for research and innovation 2021-2027. The appointment was made by the Minister of University and Research, Anna Maria Bernini . In particular, Cupertino will be the Italian delegate in the European Innovation Council (EIC) and European Innovation Ecosystems composition of the committee.

EIC Awards €2.5M Each to 27 Projects Advancing Quantum, Health, Measurement Techs (07/03/2024)

BNN | 07/03/2024 | Europe - The European Innovation Council funds 27 projects across the EU, targeting quantum computing and health technologies. A leap towards groundbreaking advancements.

European financing for a company from the UMH of Elche Science Park that fights cancer (04/03/2024)

Informacion | 04/03/2024 | Spain - The European EIC Accelerator program selects the firm Hawk Biosystems, from the Science Park of the Miguel Hernández University of Elche, among a thousand projects that were presented. The 42 selected companies, five Spanish, will share 285 million euros.

Gedea Biotech selected for grant funding from the EIC (04/03/2024)

Nordic Life Science | 04/03/2024 | Sweden - The European Innovation Council (EIC) has announced that Gedea Biotech has been selected for the EUR 2.5 million EIC Accelerator grant for the continued development and commercialization of pHyph, an antibiotic free treatment for vaginal infections.

A startup from Elche, among the five Spanish firms chosen in a European acceleration program (04/03/2024)

TODOAlicante | 04/03/2024 | Spain - The company Hawk Biosystems, from the UMH Science Park, has been one of the 42 emerging companies chosen in the EIC Accelerator.

Finland’s SpinDrive raises €2.5 million to advance magnetic bearings with innovative controller technology (05/03/2024)

Artic Startup | 05/03/2024 | Finland - Lappeenranta-based SpinDrive has secured €2.5 million in funding from the European Innovation Council (EIC) Accelerator. The company specializes in magnetic bearings and aims to revolutionize the industry with its active magnetic bearings (AMBs) solution, which offers reduced friction, enhanced precision, and the ability to operate in extreme conditions.

Releaf Paper: Branching out of Ukraine and exploring biowaste beyond fallen leaves (04/03/2024)

PackagingInside | 04/03/2024 | Ukraine - Releaf Paper has persevered and expanded its reach to European markets despite facing challenges, such as Russia’s war on Ukraine. Valentyn Frechka, the chief technology officer and co-founder of Releaf Paper, sits down with Packaging Insights to discuss the company’s journey since winning the European Commission’s EIC Accelerator 2022 program and branching out of Ukraine. Frechka discusses the company’s future plans, including scaling up production and exploring new sources of biowaste for fiber production.

Ålesund company receives millions in support from the EU (04/03/2024)

NyttiUka.no | 04/03/2024 | Norway - Two Norwegian companies are awarded a total of 4.7 million euros in support and offers of equity capital after reaching the top of the EIC Accelerator programme. These are DoMore Diagnostics from Oslo and Ocean Visuals from Ålesund, reports Innovation Norway.

LuxQuanta raises 2.5 million euros from the European Innovation Council Accelerator (05/03/2024)

El Referente | 05/03/2024 | Spain - The deeptech is one of the five Spanish companies that accesses the EIC Accelerator program among 42 projects from 15 countries, chosen from more than a thousand applications received.

Granter.ia wants to help SMEs access European funds and prepares financing round (04/03/2024)

Ardina News | 04/03/2024 | Ireland - Granter.ai has just launched a platform that, through Artificial Intelligence (AI), wants to connect small and medium-sized companies (SMEs) to potential financing opportunities from European funds. The startup is preparing a financing round of 1.5 million, ECO knows. Spain, Germany and Italy are some markets in the sights of national technology.

With the Israeli model, the development of innovative weapons systems in Greece (03/03/2024)

Business Daily | 03/03/2024 | Greece - The Hellenic Innovation Development Center is established by the State and the Superfund to support the development and production of modern weapon systems by Greek companies. The Greek Center will be financed by the National Defense Innovation Fund (with resources coming from at least 1.5% of the equipment program, i.e. 27 million euros per year), the National Defense Development Fund (private investment funds, Venture capitals , 5-10 million euros from the Superfund and private funds) and from EU and NATO funding programs (European RTD programs, EIC Accelerator, Horizon, NATO DIANA Programs, NIF, etc.).

Quantum Disruption: Multiverse Computing Skyrockets Valuation in AI Showdown (04/03/2024)

CompsMag | 04/03/2024 | Spain - Quantum software startup Multiverse Computing has secured €25m in funding as it shifts its focus to the AI sector. The company, known for its quantum software tool used by major banks, plans to develop new applications for large language models (LLMs) and expand internationally with this investment. The round, led by Spanish VC Columbus Venture Partners along with Quantonation Ventures, European Innovation Council, and Redstone QAI Quantum Fund, triples Multiverse’s valuation to around €100m. According to CEO Enrique Lizaso, this is the largest funding round raised by a quantum software startup in the EU.

Powerful Medical Raises €7.5M in Funding (04/03/2024)

FinSMEs | 04/03/2024 | Belgium - Powerful Medical, an Aalst, Belgium-based medical device manufacturer, raised €7.5m in funding. The round consisted of a grant of €2.5m and a follow-on investment of €5m from the European Innovation Council (EIC).

Carthera sees positive results in brain-blood barrier trial (10/03/2024)

Zephyr Net | 04/03/2024 | France - Paris-based device company Carthera has announced that its SonoCloud-9 system can help certain drugs pass the brain-blood barrier, as part of positive results from a Phase I/II clinical trial. It also comes after Carthera was able to secure an investment of €37.5m to fund its clinical trial efforts provided by anonymous investors and the European Innovation Council Fund.

European Commission Announces 2024 iCapital Awards to Reward Innovative Cities (06/03/2024)

BNN | 06/03/2024 | Europe - The 2024 iCapital Awards honor innovation in EU cities, with major prizes for winners. Cities leverage tech and governance for societal benefits.

EIC Accelerator raises 285 million for deep tech startups in most competitive funding round (04/03/2024)

BNN Correspondents | 01/03/2024 | Europe - Comparing these developments to global trends, such as the European Innovation Council's €285M investment in deeptech startups and the surge in AI investments by major chipmakers, it's evident that technology and innovation remain at the heart of venture capital interest.

The Collider makes the leap to all of Europe (28/02/2024)

La Vanguardia | 28/02/2024 | Spain - The Collider has made the leap to all of Europe. This program of the Mobile World Capital Barcelona foundation, dedicated to transferring science to the market, has recently won the management of the venture builder of the European Innovation Council, a European entity for the promotion of innovation and the most cutting-edge technologies.

EU unveils plans for €500M partnership on advanced materials (29/02/2024)

Science|Business | 29/02/2024 | Europe - The European Commission wants to launch a €500 million public-private partnership on advanced materials, as part of plans to boost Europe’s standing in the sector. The EU would commit €250 million to the partnership between 2025 and 2027 to attract matching private investment and allow companies to scale and accelerate the deployment of advanced materials. “The EU’s competitiveness relies on our technological edge and steady supply of advanced materials for our green and digital transitions,” said Margrethe Vestager, executive vice president of the European Commission.

These are the challenges that Europe must address to promote technology transfer according to MWCapital and the EIC (27/02/2024)

El Referente | 27/02/2024 | Spain - The head of unit of European Innovation Council (EIC), Viorel Peca, and the CEO of Mobile World Capital Barcelona, Francesc Fajula , were the protagonists today at the Banco Sabadell Stage of 4YFN, where they debated how to promote technology transfer in Europe. During the session, they put on the table some of the challenges that European countries must address to improve their ability to "transfer their scientific and technological innovations to the market."

Making clean, scalable fusion power plants a reality: An interview with Proxima co-founder and CEO Francesco Sciortino (27/02/2024)

Tech.eu | 27/02/2024 | Italy - Proxima Fusion co-founder and CEO Francesco Sciortino sits down with Tech.eu at the DLD Conference in Munich to discuss how the design of a new generation of fusion power plants could (and should) be accelerated in the current and next decade. Sciortino talks about the need to build an ecosystem around fusion power, why Proxima has recently applied to receive funding from the European Innovation Council (EIC) Accelerator, his insights on the public and private funding landscape in Europe and on the availability of and access to key talent in this part of the world.

Energy storage made sustainable: table and salt can do the job (04/03/2024)

Innovation Origins | 29/02/2024 | The Netherlands - Battery technologies don’t necessarily need rare materials to be made. AQUABATTERY has developed a sustainable battery that uses table salt and water to store energy. Batteries greatly help the electricity grid, as they ease the adoption of more renewable-generated power, stabilize loads, and manage demand. In light of its nature, the European Innovation Council dubbed AQUABATTERY’s system “one of Europe’s breakthrough technologies and game-changing innovations.”

Plexigrid Energizes Future with €6.5M EIC Fund to Revolutionize Electric Grids (01/03/2024)

BNN Breaking | 01/03/2024 | Sweden - Plexigrid's innovative approach, backed by the EIC, aims to modernize electricity grids for sustainable energy. A pivotal step towards renewable integration and decarbonization.

Hawk Biosystems, one of 42 selected in Europe to receive support from the EiC Accelerator (01/03/2024)

Alicante Plaza | 01/03/2024 | Spain - The spin-off of the UMH Science Park, Hawk Biosystems , is one of the 42 selected in Europe to receive support from the EiC Accelerator. The company has been selected by the Executive Agency for the European Innovation Council and SMEs (Eismea) as one of the "privileged" firms to receive support from the EiC Accelerator vehicle. It has been a very close cut, since of 1,083 companies throughout Europe, only those four dozen have been selected. In total, there are five from Spain.

February Startup Funding Dips to $516M Across 82 Rounds; Shadowfax Leads with $100M Raise (01/03/2024)

BNN Breaking | 01/03/2024 | Europe - February 2024 saw startups navigating through dynamic venture capital landscapes, with key investments in logistics, blockchain, and fintech. Comparing these developments to global trends, such as the European Innovation Council's €285M investment in deeptech startups and the surge in AI investments by major chipmakers, it's evident that technology and innovation remain at the heart of venture capital interest.

Bulgarian Startup Smart Farm Robotix Wins €2.4M EU Grant for AI-Powered Weeding Robot (01/03/2024)

BNN Breaking | 01/03/2024 | Bulgaria - Smart Farm Robotix received a 2.4 million euro grant for an AI-powered, solar weeding robot, promising a sustainable revolution in agriculture with precision weeding. The EIC Accelerator programme is highly competitive, providing critical financial support to innovative startups and SMEs across Europe. Smart Farm Robotix emerged as one of 42 recipients from a pool of 1,083 proposals in the 2023 funding round, highlighting the project's innovation and potential impact on the agricultural sector. The grant of nearly 2.4 million euros will expedite the robot's development and market introduction, offering Smart Farm Robotix a significant advantage in the agritech industry.

Viewpoint: we need to invest in ‘pro-worker’ artificial intelligence research, not automation (29/02/2024)

Science|Business | 29/02/2024 | Europe - Simon Johnson, former International Monetary Fund chief economist, says funders and universities should create new, socially beneficial forms of AI through grants and competitions - and not leave the field to tech companies. Techno-optimism is arguably dominant in Brussels – witness the recent birth of the European Innovation Council, a €10 billion fund to help scale up EU companies, for example.

What prevents farmers from using photovoltaic systems (26/02/2024)

Euro2Day | 26/02/2024 | Greece - The goal of energy saving has become imperative in recent years due to the effects of the energy crisis. Renewable energy technology can provide an answer to reducing energy costs and with the right incentives can help sectors of the economy. About the agro-photovoltaic industry, Dr. Nikos Kanopoulos, founder and CEO of Brite. In 2022 the company started and completed in 2023 the financing of the company by raising 8.6 million euros from the European Innovation Council Fund (EIC Fund) and VC Funds active in Greece.