"EIC Weekly Media Review" Newsletter Issues

H1 2024 review - Public programmes key drivers of capital funding - Bpifrance and the EIC (10/07/2024)

Sifted | 10/07/2024 | Europe - The first half of the year has come to an end, and Europe’s tech ecosystem is arguably in a better place than it was six months ago. €47.3bn, which includes €18.7bn of debt funding, was injected into Europe’s startups in H1. State funds — Bpifrance, the European Innovation Council (EIC), CDP Venture Capital, CDTI and Scottish Enterprise — were key drivers of capital in H1.

Satellite oversight: ensuring Europe’s renewable energy security from above (09/07/2024)

Horizon Magazine | 09/07/2024 | Europe - EU-funded researchers are using AI and satellite technologies to make the continent’s renewable energy infrastructure more reliable.

SPACE GARBAGE | A large landfill grows in Earth's orbit (08/07/2024)

EUSEURO | 08/07/2024 | Spain - Inactive satellites, remains of propellants, parts of all kind. ETPACK project has developed between 2019 and 2022 a first prototype of the space attack system which is like a backpack - thanks to the European Innovation Council.

Growth and international recognition for React4Life, an Italian biotech financed with equity crowdfunding (08/07/2024)

Crowdfunding Buzz | 08/07/2024 | Italy - React4Life, an Italian biotech scaleup that had raised 600 thousand euros on Crowdfundme, doubles its turnover and obtains international recognition from the EU Commission. As explained by the EIC on LinkedIn, the group of chosen companies, “promoted by the EIC ITF 3.0 Programme, is looking forward to expanding globally”. And participation in BIO 2024 was an opportunity to "present their innovations in the European Pavilion".

Pioneering care for preemies – from artificial placentas to brain-healing stem cells (11/07/2024)

Horizon Magazine | 11/07/2024 | Germany - Dr Rochow is one of a team of European and international researchers that received a grant through the European Innovation Council (EIC) Pathfinder programme to work on a better alternative – a system they call an artificial placenta, or ArtPlac. The goal is to simulate the conditions of the mother’s womb, potentially reducing complications and improving outcomes for the most vulnerable newborns.

Building tomorrow: Why Europe needs to step up foundational infrastructure tech (08/07/2024)

EU Startups | 08/07/2024 | Germany - Foundational infrastructure tech in Europe is growing, as shown by recent funding rounds. An example: Twinsity, a Kassel-based deep tech startup specialising in AI-based infrastructure inspection, which secured €2.5 million from the European Innovation Council Accelerator

Dynelectro secures €11M for solid-oxide electrolysis technology (11/07/2024)

Tech.eu | 11/07/2024 | Denmark - Dynelectro's technology focuses on next-generation solid-oxide electrolysis (SOE), offering unparalleled system performance and longevity. Complemented by €9 million in grants from the European Innovation Council and the Danish Energy Technology Development and Demonstration Program (EUDP), plus other regional programs, Dynelectro will utilise the funds for the development of DEUs from 150-kW prototypes to the commercial-scale fully modular 1-MW units.

The Cluj startup .lumen wants funding from investors on the Romanian platform Seedblink (12/07/2024)

StartUp Cafe | 12/07/2024 | Romania - Founded in 2020, .lumen develops medical devices that can be worn like glasses by the visually impaired and can replace guide dogs at a much lower cost. The device also uses artificial intelligence technologies to help blind people orient themselves independently. dotLumen has received European funding of 9.7 million euros through a European Innovation Council (EIC) Accelerator, as well as a multitude of international awards.

The 7 biotech companies in Portugal you should know about in 2024 (09/07/2024)

LABIOTECH | 09/07/2024 | Portugal - Portugal has a rich biotech ecosystem that is rapidly growing, despite sometimes being overlooked compared with other countries in Europe. Operating in both Portugal and France, biotech Limm Therapeutics aims to decode the cross-talk between neurons and immune cells to treat diseases that are caused or mediated by the immune system, including infections, inflammation, and metabolic diseases.

According to Odaily, Frumtak Ventures, an early-stage investment firm based in Iceland, has successfully oversubscribed its fourth fund, Frumtak IV, raising a total of $84 million. (10/07/2024)

Binance Square | 10/07/2024 | Iceland - According to Odaily, Frumtak Ventures, an early-stage investment firm based in Iceland, has successfully oversubscribed its fourth fund, Frumtak IV, raising a total of $84 million. In addition, the company received a €2.5 million (approximately $2.6 million) grant from the European Innovation Council.

Innovation Fund of Montenegro: two years of success and prosperity (09/07/2024)

Vijesti | 09/07/2024 | Montenegro - Since September 2021, when it was registered, the Fund has achieved exceptional results - it has created and implemented ten support programs, and financing of 85 projects worth 2.68 million euros has been approved.. When it comes to international cooperation, one of the most significant results of the Fund is the accreditation of the "Collaborative Grants for Innovation" program by the European Innovation Council (EIC) for the implementation of the Plug-In scheme within the EIC Accelerator program.

Industrial start-up Limatech inaugurates its lithium battery factory (11/07/2024)

Le Journal des Entreprises | 11/07/2024 | France - The lithium battery production start-up Limatech reached a new important milestone in its development with the inauguration of its first production plant in Voreppe, near Grenoble, for an investment totaling 10 million euros. The company is a double France 2030 winner for the “First Factory” and “Batteries” calls for projects, and a winner of the European H2020 program of the EIC.

Endoron wins $10m in Series A to advance AAA repair device (09/07/2024)

Medical Device Network | 09/07/2024 | Israel - Endoron Medical has secured $10m in Series A funding to advance its flagship product, the catheter-based EndoStapling solution Aortoseal, through clinical studies. The round was led by Sofinnova Partners, with matching contributions from the European Innovation Council Fund (EIC Fund). This builds on a previously awarded €2.5m ($2.7m) grant by the European Commission under the EIC Accelerator

Enter new 2025 European Prize for Women Innovators (01/07/2024)

Innovators Mag | 01/07/2024 | Europe - Led by the European Innovation Council (EIC) and European Institute of Innovation and Technology (EIT), the annual prize ‘celebrates the outstanding achievements of women entrepreneurs driving positive change for people and the planet through their innovative ventures’. There are prizes available across three categories: EIC Women Innovators, with three prizes up for grabs of: €100k, €70k and €50k; EIC Rising Innovators, offering: €50k, €30k and €20k; and EIT Women Leadership, again breaking down: €50k, €30k and €20k.

A European Sovereignty Fund Investing in Europe’s - Future and Security (01/07/2024)

European Parliament | 01/07/2024 | Europe - The European Sovereignty Fund (EUSF) should invest in Europe’s future by investing indirectly in start-ups and scale-ups via the existing Fund of the European Innovation Council (EIC). This would be concrete step to advance the aims of the recently agreed Strategic Technologies for Europe Platform (STEP). The EUSF could also invest in security of supply by acquiring and managing strategic stockpiles of critical raw materials.

A unified digital Health ecosystem, with a budget of 19.5 million euros, will be created in Europe (02/07/2024)

BusinessNews | 02/07/2024 | Macedonia - The Region of Central Macedonia will also participate in the project with a budget of 1,495,983.25 euros (50% funded by the European Union and 50% by the "Central Macedonia 2021-2027" Program). The project was approved after submitting a proposal to an invitation from the European Commission and more specifically the European Innovation Council.

An Entrepreneurship Support Organisation (ESO) View on European Innovation Ecosystems (04/07/2024)

EBN | 04/07/2024 | Europe - The European Business and Innovation Centre Network (EBN) released a position paper analysing Europe’s regional innovation capacity and the performance of the related innovation policy frameworks. This document provides crucial recommendations for future European Commission work programmes. A lot of ink has been spilt on ‘’how’’ to drive and implement funds like the European Innovation Council (EIC).

Europe Is the Second Region for Spacetech: Why and Who Is Contributing to That? (02/07/2024)

The Recursive | 02/07/2024 | Europe - Besides important enablers from the public sector such as: European Innovation Council, National Research Centers, ESA (European Space Agency) and EUSPA (European Union Agency for the Space Programme), there are large organizations and VCs who added in their portfolio at least one startup from spacetech. Check our list of 13!

Lithuanians develop solutions for DNA-based information storage technology (02/07/2024)

L24 | 02/07/2024 | Lithuania - A new field of science – DNA data storage – is being developed in Lithuania. Genomika company together with Kaunas University of Technology and other partners, aims to develop an autonomous solution for archiving data in DNA structures. The total value of the project is more than EUR 5 million. The project is funded by the EIC Pathfinder.

Estonian BioTech marvel GeneCode secures funding to develop life-changing treatments (01/07/2024)

Estonian Investment Agency | 01/07/2024 | Estonia - Estonian pharmaceutical development company GeneCode has received a €1,6M grant from Enterprise Estonia to develop a new treatment for amyotrophic lateral sclerosis (ALS), retinitis pigmentosa (RP), and inflammatory bowel disease (IBD). This is not the first time GeneCode has attracted such financing for novel research. The company has been recognised for its earlier development work with a €16 million grant and equity option from the European Innovation Council (EIC) Accelerator program.

Poland wants more bottom-up calls and better tools for Widening countries in FP10 (03/07/2024)

Science|Business | 03/07/2024 | Poland - IZTECH, a Polish non-profit organisation, wants to see more support for SMEs. For example, FP10 could introduce calls where the participation of SMEs is required, and a certain share of the budget is allocated to them. In addition, the process of applying for European Innovation Council (EIC) Accelerator funding needs to be simplified.

Dead leaves transformed into paper: the Ukrainian startup founded by a 17-year-old who fled the war (04/07/2024)

La Sentinella | 04/07/2024 | Italy - Releaf Paper has developed next-generation technology for transforming fallen leaves into sustainable paper products without the use of chemicals and reducing CO2 emissions by 78%. The startup is among the finalists of the Young Inventors Award at the European Inventor Award. The winner on July 9th. In 2022 Releaf Paper won the EIC Accelerator.

AI Chip developer Axelera raised $68 million, including from Samsung / Servernews (01/07/2024)

Espanol News | 01/07/2023 | The Netherlands - Dutch AI startup Axelera AI BV, which produces AI accelerators for inference, announced that it has raised $68 million to expand its business. According to Silicon Angle data , in total, the total financing reached 120 million dollars. Key investors participating in the Series B round include Invest-NL Deep Tech Fund, the European Innovation Council Fund, the Innovation Industries Strategic Partners Fund and the Samsung Catalyst Fund. Previous investors also participated, including Verve Ventures, Innovation Industries, Fractionelera and Italian sovereign wealth fund CDP Venture Capital SGR.

UroMems raises 44 million euros to finance clinical trials of its urinary implant (02/07/2024)

Le Journal des Entreprises | 02/07/2024 | France - The Grenoble medtech company, which is developing an implant intended to treat urinary incontinence, has raised 44 million euros from its historic investors, led by Crédit Mutuel Innovation and the European Innovation Council. This new financing was led by Crédit Mutuel Innovation joined by the European Innovation Council as well as by investors historical Wellington Partners, Bpifrance, Supernova Invest, Hil-Invent, b-to-v Partners and Financière Arbevel.

The Spanish Biotech Sector Breaks Records for Financing and Investment in R&D (02/07/2024)

Born2Invest | 02/07/2024 | Spain - 96% of the biotech companies are SMEs or micro-SMEs, contributing minimally to the Spanish biotech sector revenues. Large firms, though only 4.1%, account for 37.9% of revenues. Recent private financing surged 37% to €228 million, supporting growth. Arthex Biotech was supported by the CDTI Innvierte instrument and by the EIC Fund.

Viewpoint: Commission must not interfere with the European Innovation Council’s success (04/07/2024)

Science|Business | 04/07/2024 | Europe - The European Innovation Council (EIC) needs independence from the European Commission if it is to succeed in its mission of boosting Europe’s innovation potential, says former programme Iordanis Arzimanoglou. Arzimanoglou spent the last four years at the EIC, setting the strategic direction for the council’s work in health and biotech. As the first field-specific programme manager at the agency, he also set out the blueprint for the role.

Techsylvania 2024: over 3500 people gathered to be at the forefront of innovation along speakers from: NASA, Interpol, NATO, Mobileye, WPP, Grab (04/07/2024)

Romania Insider | 04/07/2024 | Romania - Techsylvania made waves once again in the world of innovation at its 11th edition held in Cluj-Napoca on June 26th and 27th, 2024. Over 50 local and international speakers took the stage at Techsylvania, addressing pressing questions about the future.

2025 European Prize for Women Innovators open for applications (28/06/2024)

EIN Presswire | 27/06/2024 | This joint initiative, supported by the European Innovation Council (EIC) and the European Institute of Innovation and Technology (EIT), celebrates the outstanding achievements of women entrepreneurs behind Europe’s most game-changing innovations. Winners will be selected in three prize categories: EIC Women innovators, EIC Rising innovators and EIT Women leadership.

What do EIC programme managers do? (28/06/2024)

Science|Business | 25/05/2024 | Former EIC programme manager Iordanis Arzimanoglou walks us through the strategic thinking behind the European Innovation Council’s approach to boosting translation of research to market.

Member states call for a greater role in shaping FP10 (28/06/2024)

Science|Business | 27/06/2024 | There is also a favourable mention for the European Innovation Council (EIC), with the taskforce saying it has “demonstrated its importance to address certain gaps between research excellence and the transformation of those findings into market.”

German research institute opens doors to partnerships in aerospace engineering (25/06/2024)

Link To Leaders | 24/06/2024 | There is a German applied research institute that is developing new methodologies and concepts relevant to space logistics in the context of the EIC's Pathfinder space challenge.

A LIST researcher in the spotlight (26/06/2024)

Le Quotidien.lu | 26/06/2024 | LIST researcher wins prestigious EIC Pathfinder grant for innovative cooling technology. Worth almost €2 million, this highly competitive grant will support the 'CoolPol' project, which aims to develop advanced polymer-based cooling technologies.

The two new ambassadors of the UDC: "We need greater access to scholarships for students and researchers" (25/06/2024)

La Voz de Galicia | 24/06/2024 | The Flufet project, which is about monitoring on farms the jump of viruses, has funding of more than three million euros and the support of the European Innovation Council.

Medical technology: Radiation-free diagnostic procedure for breast cancer (28/06/2024)

E-HEALTH-COM | 26/06/2024 | In the QUSTom (Quantitative Ultrasound Stochastic Tomography) project, an international research team aims to develop a new imaging method for radiation-free diagnosis of breast cancer based on ultrasound and supercomputing as part of a project funded by the European Innovation Council.

Materrup raises EUR26m funding for its circular low-carbon cement technology (26/06/2024)

Cemnet (additional subscription may be required) | 25/06/2024 | Certified by EIC accelerator and Frenchtech2030, Materrup aims to accelerate transition in the European cement market through its structural and certified cement offering, a real alternative to conventional carbonated cements thanks to a low-cost, low-carbon technology that can be deployed immediately.

Exeliom Biosciences collaborates with REMIND in MAINTAIN POP study (26/06/2024)

PharmiWeb | 25/06/2024 | Founded in 2016 and headquartered in Paris, Exeliom has raised a total of €27 million ($29M) since its inception. The company has been awarded the ‘Plan de relance 2030’, ‘Deeptech’ and ‘I-Lab’ awards by Bpifrance, and the ‘EIC Accelerator’ by the European Innovation Council Fund.

FUTTEC expands and adds separate microwave ovens to the unique FT3 3rd generation "microwave road users" for year-round pothole repairs II. and III. classes (27/06/2024)

FeedIT.cz | 26/06/2024 | FUTTEC managed to obtain a subsidy of 1.8 million euros from the European Commission under the EU Horizon 2020 program for the commercialization of this innovative technology. FUTTEC is now seeking another EU grant under the EIC Accelerator program.

This is how European research can compete with the US and China (26/06/2024)

Svenskt Näringsliv | 25/06/2024 | Ambitions in the EU's research efforts must be raised considerably, states Emil Görnerup, research policy expert. Swedish Business and Industry proposes, among other things, to abolish the EIC Accelerator, as the EU needs more technology companies, but government risk capital is not the solution to the problem.

Streamers look to AI to crack the codec code (25/06/2024)

IBC 365 | 24/06/2024 | The company Deep Render now employs 35 people and last year received a £2.1m grant from the European Innovation Council and raised £4.9m in venture capital led by IP Group and Pentech Ventures.

Minesto's tidal power plant is noticed by BBC News (25/06/2024)

Cision News | 24/06/2024 | With granted development funds of more than 45 million euros from, among others, the European Regional Development Fund, the European Innovation Council and InnoEnergy, Minesto is the EU's largest investment in marine energy.

UroMems Raises Record $47 million (€44 Million) in Series C Financing to Fund Pivotal Clinical Trials of the UroActive™ System, the First Smart Automated Implant to Treat Stress Urinary Incontinence (26/06/2024)

WREG | 25/06/2024 | The financing round was led by Crédit Mutuel Innovation and joined by the European Innovation Council as well as the existing investors Wellington Partners, Bpifrance, Supernova Invest, Hil-Invent, b-to-v Partners and Financière Arbevel.

Embedl receives 45 MSEK investment to scale up its operations and the tools delivering highest performing AI models for the automotive industry (28/06/2024)

ArcticToday | 26/06/2024 | Embedl, a Swedish deep tech company specializing in AI research and development, has successfully raised SEK 45 million led by Spintop Ventures. The round includes co-financing from the European Innovation Council (EIC).

Axelera AI raises $68 million Series B funding (28/06/2024)

Security Systems News | 28/06/2024 | Axelera AI's Series B funding round is Europe’s largest oversubscribed Series B funding round in the fabless semiconductor industry. It is backed by major institutional investors, including Invest-NL Deep Tech Fund, the European Innovation Council Fund, Innovation Industries Strategic Partners Fund and Samsung Catalyst Fund among many others.

Fueling the Future: Innatera Attracts a Cumulative $21M in Oversubscribed Series A Funding Amidst Strong Market Interest (28/06/2024)

PR Newswire | 27/06/2024 | Born out of a decade of research on energy-efficient neuromorphic computing, Innatera pioneers a new breed of microprocessors that aim to bring brain-like intelligence to sensors. Backed by leading European deeptech VCs Matterwave Ventures, MIG Capital, InvestNL, European Innovation Council, Delft Enterprises and Innavest, it's on a mission to make a billion sensors intelligent by 2030.

Michiel Scheffer, President of the Board of the EIC, was present at TNW Conference (25/06/2024)

Business Metropole Ruhr | 24/06/2024 | Under the title "Decarbonization of the Earth: Fantasy or Reality?", Jörg Kemna, Managing Director of the Business Metropole Ruhr, discussed the feasibility and challenges of global decarbonization efforts and what role technology can play in them with Lubomila Jordanova, CEO & Founder, Plan A, Thomas Roehrl, Head of Partnerships and Future Projects, BMW Foundation and Michiel Scheffer, President of the Board, European Innovation Council.

"EIC Accelerator: Funding opportunities, procedures and support" by Praxi Network (27/06/2024)

Symboulos | 26/06/2024 | PRAXI Network, National Contact Point of the European Framework Program for Research and Innovation "Horizon Europe", invites you to an open event entitled: "EIC Accelerator: Funding opportunities, procedures and support", which will take place on Tuesday, July 9, 2024, from 14:00 to 18:00, in the conference room of the Institute of Chemical Engineering Sciences (ICE-HT).

European Funds Drive Polish Innovation (17/06/2024)

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.

BIO 2024: Two Swedish companies selected to be showcased by the EIC (17/06/2024)

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.

CES Unveiled in Beurs van Berlage (18/06/2024)

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.

Michiel Scheffer, president of the EIC, visited the Freiburg Innovation Center FRIZ (21/06/2024)

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.

Eugenides Foundation: Digital innovation and defense at the center of the conference (18/06/2024)

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.

Open Event For The EIC Accelerator At The Epirus Science And Technology Park (21/06/2024)

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" .

Xeltis sets crosshairs on US pivotal trial for aXess after IDE green light (18/06/2024)

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.

Cambridge start-up Wave Photonics raises £4.5m in seed funding (21/06/2024)

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).

Imperial College London Spin-Off AquaBattery Secures €6M Seed Funding For Flow Battery Technology Deployment (21/06/2024)

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.

Genopole at BIO USA 2024: renewed vitality for health biotechs! (21/06/2024)

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.

Soon, dead leaves from the Ile-de-France region will be used to make paper (19/06/2024)

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.

Materrup raises €26 million to deploy ten low-carbon cement plants (21/06/2024)

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.

How Shemha Health created a digital guide in healthcare chaos (21/06/2024)

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.

Industrial Strategy: What three UK political parties are saying (18/06/2024)

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.

Carbominer To Receive Award From Google Startups Fund In Ukraine (19/06/2024)

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.

Finland: Herantis Pharma receives EUR 750,000 milestone payment from EIC (21/06/2024)

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.

European Food Tech Startups Overtook the US to Attract $2B in Investments in 2023 (21/06/2024)

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.

iOnctura announces EUR80 million Series B financing to progress pipeline through Phase II trials (21/06/2024)

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.

Ukrainian science needs coordinated support, German alliance says (14/06/2024)

Science Business | 13/06/2024 | In December last year, the European Innovation Council launched a €20 million package of support for start-ups; the European Institute of Innovation and Technology opened a start-up support hub in Kyiv; and a Kyiv Horizon Europe office was opened to help researchers and entrepreneurs access EU research grants.

Enhancing Cross-Border Collaboration through GovTech and Innovation Procurement (13/06/2024)

Joinup | 12/06/2024 | In a recent café, various stakeholders from the GovTech4All project and the SPIN4EIC initiative came together to discuss ongoing projects, potential collaborations, and future plans. The European Innovation Council (EIC) Innovation Procurement program powered by SPIN4EIC aims to establish EIC as the center of excellence on innovation procurement focusing on the supply side.

Quantum technology company Orange Quantum Systems raises investment from InnovationQuarter (12/06/2024)

InnovationQuarter | 11/06/2024 | In the summer of 2023, OrangeQS raised €1.5 million from QDNL Participations and Cottonwood Technology Fund. In addition to this investment round, OrangeQS received the EIC Accelerator grant from the European Innovation Council.

Electric-field nanobubbles for agriculture (14/06/2024)

Open Access Government | 13/06/2024 | Since 2020-21, AquaB has been developing TRL 4-8 NB generators, aided by its European Innovation Council (EIC) Accelerator Grant – and has been performing crop-agriculture trials since then, in both hydroponic and soil environments.

Orrick with Neva SGR for the BetaGlue round (13/06/2024)

NT Plus Diritto - Il Sole 24 Ore | 12/06/2024 | BetaGlue, a clinical-stage company developing a novel radiotherapy for the localized and targeted treatment of solid tumors, has announced the completion of a further investment round of €8 million from existing and new investors. The funds, together with those from the recently announced EIC Accelerator Award of €10 million, will be used to accelerate the development of the innovative YntraDose radiotherapy platform.

Industry urges progress on EU biotech initiative (14/06/2024)

Science Business | 13/06/2024 | The Commission wants to help companies scale up and attract private investment by including specific challenges in biotech and biomanufacturing in the European Innovation Council (EIC) accelerator work programme for 2025. It is also planning to study ways to support the consolidation of investment funds, stock exchanges and post-trading infrastructure.

Cutting edge Nottingham company pioneering exciting scaled-up climate change solutions welcomes two new chemists to its R&D team (10/06/2024)

UK News Group | 09/06/2024 | The company, which recently won nearly €2.5million in funding through the European Innovation Council Accelerator programme, is pioneering the manufacture of metal-organic frameworks (MOFs) on an industrial scale.

Contributions to the development of new technologies (12/06/2024)

Meccanica News | 11/06/2024 | The EIC Transition Open 2024 call aims to support innovation activities that go beyond experimental demonstration in the laboratory. The total budget amounts to 94,553,849 euros, with plans to finance about 36 project proposals. Applications can be submitted until September 18, 2024.

Slovakia Pharmaceuticals Key View (12/06/2024)

Business Monitor Online | 11/06/2024 | On March 4 2024, the Bratislava-based medtech startup, Powerful Medical, secured a EUR7.5mn investment from the European Innovation Council, with a EUR2.5mn grant and a EUR5mn investment, in recognition of its innovative AI-driven ECG platform, PMcardio, for accurate early diagnosis of cardiovascular diseases

Xeltis receives IDE approval from FDA for initiation of US pivotal trial for aXess™, its restorative vascular access conduit (14/06/2024)

Cardiac Vascular News | 13/06/2024 | Xeltis is based in The Netherlands and the USA. Its investors include DaVita Venture Group, EQT Life Sciences, Kurma Partners, VI Partners, Ysios Capital, Grand Pharma Group, the European Innovation Council and Invest-NL, in addition to other public and private investors.

Francesco Profumo appointed President of Quadrivio Group (14/06/2024)

Arena Digitale | 13/06/2024 | Quadrivio Group , a company that has been operating in the world of Private Equity for 25 years, has appointed Francesco Profumo President of the Board of Directors of Quadrivio Group Italy Srl. More recently he was appointed Member of the European Innovation Council of the European Commission and is currently also President of Isybank, the digital bank of the Intesa Sanpaolo group.

CES Unveiled in Amsterdam Partners with European Innovation Council, Showcasing Europe's Technology Leadership (14/06/2024)

PR Newswire | 13/06/2024 | The Consumer Technology Association® (CTA), the owner and producer of CES®, the world's most powerful tech event, is announcing a new partnership with the European Commission's European Innovation Council (EIC) for this year'sCES Unveiledin Amsterdam. This partnership will help identify breakout technologies from across Europe to be showcased at the event taking place in the Beurs van Berlage on October 15, 2024.

June 25 - Conference on access to financing and business growth (12/06/2024)

Horizonte Europa | 11/06/2024 | In the first presentation, the different instruments that it has to support business R&D&I will be discussed, as well as those aimed at business entrepreneurship, and in a second presentation, it will focus on commenting on both the EIC Accelerator program, as well as the different services that CDTI offers to Spanish entities to participate in this EIC Accelerator program that is within Horizon Europe financed by the European Commission.

Breakfast with the NCPs: EIC Pathfinder Challenges (05/06/2024)

Horizonte Europa | 04/06/2024 | A session that will take place on June 27, 2024. Question resolution session for the EIC Pathfinder Challenges call with closing date October 16, 2024.

President of the Board of the EIC, among other representatives, celebrated the first year of the Unitary Patent (07/06/2024)

Impact Financial News | 04/06/2024 | To celebrate the first year of the Unitary Patent, representatives from across the European Union and the institutions involved in making the system a success have recorded statements in a short video. They include EPO President António Campinos; Klaus Grabinski, President of the Unified Patent Court ’ s Court of Appeal; Jérôme Debrulle, Chairperson of the Select Committee, Administrative Council; Dr Angelika Niebler, MEP; Michiel Scheffer, President of the Board, European Innovation Council; and Margot Fröhlinger, Former Principal Director, Unitary Patent and European and International Legal Affairs.

The EIC Accelerator presents its financing mechanisms to businesses in the Nice Côte d'Azur Metropolis (05/06/2024)

Team Côte d'Azur | 04/06/2024 | On May 29, 2024, Team Nice Côte d'Azur welcomed Mr. Marco Rubinato, Senior Project Advisor of the European Innovation Council (EIC), for a business visit to Nice. More than 20 local businesses attended a meeting to explore the various financing options offered by the EIC Accelerator. The event, supported by French Tech and Nice Start(s)Up, took place in the premises of French Tech Côte d'Azur in Nice.

Top story of the week: EU 2024-2029 Strategic Agenda - France and Germany see Green Deal implementation as key to boost competitiveness and growth (05/06/2024)

European Energy Research Alliance | 04/06/2024 | On 28 May, France and Germany signed a joint declaration titled “A new agenda to boost competitiveness and growth in the European Union”, concluding a three-day state visit of French President Emmanuel Macron to Berlin, the first since 2000. It aims to promote cutting-edge research, boost research transfers and industrialisation, enhance partnerships with industry, reinforce the European Innovation Council (EIC), and attract more investments through venture capital and IPCEIs.

Web seminar on Horizon Europe & EU funding programs EIC Pathfinder & EIC Transition (05/06/2024)

BioRegio-Stern.de | 04/06/2024 | In cooperation with the NCP EIC Accelerator (NCP EIC), the Steinbeis Europa Zentrum (SEZ) will present the upcoming calls for proposals from Horizon Europe and the EIC Pathfinder, EIC Transition and EIC Accelerator funding programs as part of the European Innovation Council (EIC ) in twoonline information events on June 25, 11:00 a.m. - 12:30 pm (and July 2, 11:00 am - 12:30 pm).

Breakfast with the NCPs: EIC Transition (05/06/2024)

Horizonte Europa | 04/06/2024 | A session that will take place on June 19, 2024. Doubt resolution session for the EIC Transition call with closing date September 18, 2024.

How to move forward? (06/06/2024)

The Slovenia Times | 05/06/2024 | Three years after its creation, ReCatalyst now employs around ten highly skilled staff, has received several millions in funding, including a project from the prestigious European Innovation Council, and was named Slovenian Start-up of the Year in 2023.

Calling all entrepreneurs: EIC offering services to help your company grow (07/06/2024)

Science Business | 06/06/2024 | The European Innovation Council’s Business Acceleration Services are helping scores of innovative companies network, train, sell – and grow. For instance, through its match-making services in the past three years, it helped its beneficiaries score a total of 103 deals with big companies, investors and procurers.

International KCL research project to develop SMARTdrugs for aggressive cancers (05/06/2024)

Pharma Times | 03/06/2024 | A new international study led by King’s College London (KCL) researchers is developing a radiotheranostic platform called SMARTdrugs for the diagnosis and treatment of aggressive forms of cancer. With partners in Munich, Zurich, San Sebastian and Utrecht, the study has been awarded a Pathfinder Open Grant of nearly €4m from the European Innovation Council.

Innovative, self-sufficient, eco-friendly: EU sponsors new microelectronics project (07/06/2024)

Informations Dienst Wissenschaft | 06/06/2024 | Over the next four years, the European Innovation Council (EIC) will be funding OBELIX through its Pathfinder program with about EUR 3.9 million.

SolasCure Selected for Innovate UK Global Incubator Programme in Houston (05/06/2024)

Samedan Ltd Pharmaceutical Publishers | 03/06/2024 | SolasCure is one of 16 healthcare companies selected for the Global Incubator Programme in Houston. The company’s participation in the programme builds on the recent European Innovation Council’s Accelerator Grant and Innovate UK Biomedical Catalyst Grant wins to further advance the development of Aurase Wound Gel.

Egita Aizsilniece-Ibem: The state must continue to create prerequisites for supporting science-intensive companies (05/06/2024)

DELFI | 03/06/2024 | If Naco Technologies receives a grant of 2.3 million euros from the European Innovation Council's acceleration program "EIC Accelerator" for the production of a coating unique to hydrogen technology in Latvia in a huge competition, this allows the company to attract private investments from European funds, which is necessary to expand the production of a product that does not yet exist on the market.

With its robots to scan water networks, Acwa Robotics wants to go from startup to SME (05/06/2024)

La Tribune PACA | 03/06/2024 | The manager says he is "more and more solicited" while the various awards or selections in development programs follow one another. "To have been a laureate of the EIC Accelerator shows that beyond the quality of our solution, the This subject is at the heart of the concerns".

vorteX-io raises 2.9 million euros to become the European leader in providing real-time in-site hydrological data (07/06/2024)

Entreprise.maif.fr | 06/06/2024 | Winner in 2023 of the EIC Accelerator program, vorteX-io has received a €2.5 million grant from the European Innovation Council for its WHYLD (Worldwide HYdrological Large-scale Database) project, which aims to create the first European real-time hydrological forecasting service.

Biomanufacturing game-changer? Enduro Genetics unveils elegant solution to declining cell productivity (06/06/2024)

Ag Funder News | 05/06/2024 | Enduro secured seed funding from NOON Ventures in 2022 and has also secured grant funding from the European Innovation Council (EIC). It is now looking to raise a series A round, says Munch.

EU relies on Mysphera AI to improve hospital operational efficiency (06/06/2024)

CastellonPlaza.com | 05/6/2024 | The Spanish firm Mysphera, an expert in patient traceability solutions for optimizing hospital processes, has been in charge of carrying out this initiative, which has received funding from the European Innovation Council (EIC) and has marked a milestone in the advancement of patient flow management systems.

5 Dutch start-ups that give us hope for the future (07/06/2024)

DutchReview | 06/06/2024 | Backed by the municipality of Rotterdam, the British Department for Business, Energy and Industrial Strategy and the European Innovation Council, Deep Branch continues to address critical global challenges like climate change and food security by offering an innovative and environmentally friendly solution.

Dublin manufacturer Pipes.One signs financing agreement with major European investment fund (07/06/2024)

Dublin Live | 06/06/2024 | A new financing agreement with the European Innovation Council Fund will allow Pipes.One to promote their mobile pipeline laying technology globally.

EIC Ambassador, Carlos Oliviera - jury at the COTEC-BPI SME Innovation Award (07/06/2024)

Link To Leaders | 06/06/2024 | Celebrating its 20th anniversary, the COTEC-BPI SME Innovation Award returns with a new edition to distinguish and reward national companies. The jury for this edition is chaired by Ana Rosas Oliveira (BPI) and composed of Ana Teresa Lehmann (Faculty of Economics – University of Porto), António Portela (BIAL), Carlos Oliveira (European Innovation Council), João Bigote (University of Coimbra), José Carlos Caldeira (INESC TEC), Lua Queiroz Pereira (Semapa), Manuel Mira Godinho (ISEG) and Manuela Tavares de Sousa (Imperial).

EIC launches third edition of its corporate partnership programme (31/05/2024)

Agence Europe | 30/05/2024 | On Thursday 30 May, the European Innovation Council (EIC) announced the launch of the third edition of its EIC Corporate Partnership Programme, which aims to support EIC-funded companies seeking to scale up by acquiring new customers and business partners. A consortium of partners, selected following a call for tenders, led by Hello Tomorrow and including Dealflow.eu and EU-Startups, will support the EIC in providing this acceleration service.

Accelerating the future of deeptech starting from healthcare: introducing the EIT Digital - SPEX Capital partnership (29/05/2024)

EIT Digital | 28/05/2024 | The launch of a collaboration with SPEX Capital: a ground-breaking initiative focused on invigorating early-stage ventures within the digital healthcare, med-tech, and wellbeing sectors. Thanks to strategic partnerships, it was possible to collaborate and engage on a regular basis with institutional stakeholders such as the European Investment Fund (EIF) and the European Innovation Council (EIC).

The University of Rome Tor Vergata coordinates the EIC Pathfinder PHOENIX-OoC project (28/05/2024)

Dazebao News | 24/05/2024 | The second university of Rome coordinates the PHOENIX-OoC project, one of the five Italian projects financed by the EIC Pathfinder Open 2023 call. The call, with a budget of €169,500,000, selected 53 projects from all over Europe, including the PHOENIX-OoC OoC, which aims to develop innovative and sustainable Organ-on-Chip devices based on paper technology. These smart and accurate devices can be incinerated after use, reducing waste.

Utrecht University: EIC Pathfinder Grant to Build Prototypical Quantum Computer (29/05/2024)

Targeted News Service | 28/05/2024 | The European Innovation Council (EIC) has awarded a Pathfinder Grant of about 3 million euros to the European consortium Quondensate. The consortium's research aims to result in a prototypical quantum computer which will overcome the conventional boundaries of standard information and computation technologies. The project is coordinated by Politecnico di Milano and partners include six prestigious universities and a world-leading company in the field of quantum technologies.

BSC launches clinical validation of radiation-free breast cancer diagnostic technique at Vall d’Hebron Hospital (30/05/2024)

Bioengineer.org | 29/05/2024 | QUSTom was selected in 2022 to be part of the first call of the Pathfinder Open program of the European Innovation Council, financed by the Horizon Europe Framework Program of the European Union and the English UKRI, aimed at supporting disruptive ideas and projects with great international potential. The project has received 2,744,300 euros for its European part.

Fighting Cancer With SMARTdrugs (30/05/2024)

Mirage News | 29/05/2024 | The research project, led by researchers from King's College London, with partners in Munich, Zurich, San Sebastian and Utrecht, has been awarded a Pathfinder Open Grant from the European Innovation Council (EIC) of nearly 4 million euros.

Qlucore starts project after receiving prestigious EU grant to advance personalized cancer treatment (28/05/2024)

Inderes | 27/05/2024 | Qlucore, a leader in software development for precision cancer diagnostics, has passed the evaluation phase and will receive a prestigious EIC Accelerator grant of 2,5 million Euros to accelerate the development of clinical cancer diagnostics solutions for acute myeloid leukemia (AML) as well as bladder cancer. In March the grant was made public and Qlucore is now starting the project and has received the first payment.

The State Must Continue Creating Conditions to Support Science-Intensive Companies (28/05/2024)

LIAA | 27/05/2024 | In her speech, Egita Aizsilniece-Ibema, Head of the Latvian Innovation and Technology Representation in Brussels mentions how the Latvian company "Naco Technologies" is able to attract private investments necessary for expanding the production of a currently non-existent product in the market thanks to having received a €2.3 million grant from the European Innovation Council’s “EIC Accelerator” program for producing a unique coating for hydrogen technology, it allows the company to.

8 Swedish companies spearheading the country’s biotech scene (29/05/2024)

LabioTech | 28/05/2024 | Hamlet BioPharma received €300,000 ($320,650) in a grant from the European Commission (EC) in April 2023 to accelerate its bladder cancer project, bringing its total funding as part of the EIC Accelerator program of the EC to €2.2 million ($2.4 million).

Iris.ai raises €7.64M to enhance its AI engine to accelerate scientific research (30/05/2024)

Tech.eu | 29/05/2024 | Iris.ai provider of an AI engine for scientific text understanding, has announced its latest funding round, raising €7.64 million. Silverline Capital led the funding. The European Innovation Council (EIC) Accelerator Fund, the EIC's flagship startup grant, matched its contribution, following the Fund's previous backing in January 2023.

The hotbed of the most resilient innovation (28/05/2024)

ABC.es | | 27/05/2024 | Neos Surgery has received €1.9 million in funding from the EIC Accelerator programme, awarded by the European Innovation Council, to clinically validate the device for lumbar disc herniation. And Eurecat and Tecnalia are its partners.

VSORA And Partners CEA-Grenoble And Valeo Named Winners Of France 2030 Embedded AI Call For Projects (30/05/2024)

MENAFN -Press Releases (English) | 29/05/2024 | The France 2030 Embedded AI winning entry follows the 2023 announcement that VSORA was the recipient of $13.18 million (€12.0 million) from the European Innovation Council (EIC) Accelerator Program. That funding is used for the development of its hardware acceleration solutions for AI inference, advanced signal processing and complex algorithms.

On the road to success... Israeli biotech start-up Profuse Technology. (28/05/2024)

Israel Valley | 27/05/2024 | Profuse Technology therefore received a grant amounting to 2.4 million euros from the EIC Transition program as part of Horizon Europe. Objective: to further develop its technology which, according to the company, reduces the time needed to cultivate the muscle tissues that will be used to make cultured meat by 80% – while improving the nutritional quality, texture and taste of the latter.

Alice & Bob to integrate Riverlane’s quantum error correction stack – Inside Quantum Technology (30/05/2024)

Zephyrnet.com | 29/05/2024 | Just a few weeks ago, Riverlane received a grant from the European Innovation Council Transition Fund to help the company advance its error decoder technology.

Press conference during the visit of the President of the Board of Directors of the European Innovation Council (29/05/2024)

Portal GOV.SI | 28/05/2024 | Slovenia will be visited by the Chairman of the Board of Directors of the European Innovation Council (EIC), Michiel Scheffer, who will meet representatives of the economy, science, research, higher education and the Minister of Higher Education, Science and Innovation, Igor Papič.

World Berliners with Mali M. Baum, member of the board of the European Innovation Council (EIC) (30/05/2024)

Podcast.de | 29/05/2024 | You can hear in the newpodcast episode Mali M. Baum, founder of WLOUNDGE and member of the board of the European Innovation Council (EIC) at the European Commission.

Slovenia: To increase Slovenian innovation (03/06/2024)

Mena Report | 01/06/2024 | President of the Board of Directors of the European Innovation Council (EIC), dr. Michiel Scheffer met with the Minister of Higher Education, Science and Innovation Dr. Igor Papic. On Thursday evening, he also attended a reception, where he met informally with representatives of science, research, higher education and business.

NATO Innovation Fund announces its new investment team (28/05/2024)

Tech.eu | 24/05/2024 | Lars Frolund (PhD) is a Lecturer at the Massachusetts Institute of Technology (MIT). He serves on the Board of Directors of the European Innovation Council (EIC), the EIC Fund (the equity investment part of the EIC), and the Danish Innovation Fund. He was Special Advisor at NATO HQ for the creation of the Defense Innovation Accelerator for the North Atlantic (DIANA) and NATO Innovation Fund.

AcouSort selected by EIC for participation in BIO for the third time and also invited to showcase its solutions in ISCT’s Innovation Zone (28/05/2024)

Modula Finance - English | 24/05/2024 | AcouSort has been selected by the European Innovation Council (EIC) for participation in the European Pavilion at BIO 2024 in San Diego, USA, after a competitive evaluation process. AcouSort is thereby one of only 15 European companies selected by the EU for full sponsorship at America’s leading medical trade fair, taking place in San Diego June 3-6. AcouSort has also been invited to participate in ISCT in Vancouver where the company will showcase its innovative solutions.

ONWARD® Medical Reports Q1 2024 Update and Year-to-Date Highlights (24/05/2024)

Sina.com.hk | 22/05/2024 | The Company expects to gain additional clinical data and experience with its implantable ARC-IM System in 2024, with several implants planned with support from the Michael J. Fox Foundation for Parkinson’s Research as well as several more planned in combination with an investigational brain-computer interface (BCI) with support from the European Innovation Council.

EIC and EPO: working together to support European innovators and entrepreneurs (24/05/2024)

ExBulletin | 22/05/2024 | The European Patent Office (EPO) and the European Innovation Council and Executive Agency for Small and Medium Enterprises (EISMEA) have reaffirmed their commitment to working together to foster innovation in Europe. On the sidelines of the Viva Technology 2024 conference in Paris this week, the two organizations reviewed the past year's joint activities centered on the European Innovation Council (EIC) and agreed to discuss expanding their cooperation.

Europe in the technology trap (23/05/2024)

FAZ.Net | 18/05/2024 | The finding is worrying: American companies are more likely to research high technology than German or European companies. But the European Union has the opportunity to learn from the United States. The European Innovation Council, place since 2021, supports breakthrough innovations - similar to ARPA. Of course, it does not makes sense to simply copy the US model ARPA - too different are the conditions for innovation on both sides of the Atlantic. Nevertheless, EU innovation policy must be judged by whether it achieves its goal of promoting breakthrough innovations.

Maria da Graça Carvalho ‘confident’ member states will back EIT (24/05/2024)

Science Business | 22/05/2024 | The EIT was designed to connect research, higher education, industry and private capital to spur innovation. However, since the launch of the European Innovation Council (EIC) in 2021, concerns have been raised about overlap between the two bodies.

Researchers' Work from Spanish National Research Council (CSIC) Focuses on Quantum Dots (Minimal Kitaev-transmon Qubit Based On Double Quantum Dots) (24/05/2024)

Nanotech Daily | 16/05/2024 | Financial supporters for this research include Horizon Europe Framework Program of the European Commission through the European Innovation Council Pathfinder, Spanish Ministry of Science - MCIN/AEI, ERDF A way of making Europe, Spanish Comunidad de Madrid (CM) "Talento Program", European Union (EU), Consejo Superior de Investigaciones Cientificas (CSIC) Interdisciplinary Thematic Platform (PTI +) on Quantum Technologies (PTI-QTEP +).

Consortium to assess new instruments for early cardiovascular disease detection (24/05/2024)

Labmate Online | 23/05/2024 | The STIMULUS - Speckle Technology and Digital Biomarkers of Microvascular Function for Monitoring Cardiovascular Diseases – project is funded by a European Innovation Council Pathfinder Challenges grant with a total EU budget is 3.9M€.

Start-up funding: innovative idea seeks capital (24/05/2024)

StartingUp.de (Germany) | 22/05/2024| The financing landscape for start-ups is diverse and complex. From venture capital to state start-up grants, there are numerous options that lay the foundation for the company's success. Johanna Baare, co-founder of traceless materials, says that the funding from the EIC Accelerator enables them to further accelerate their technology scaling.

European Innovation Council funds development of the optical cochlear implant with 2.5 million euros (24/05/2024)

Informations Dienst Wissenschaft | 16/05/2024 | International cooperation project “OptoWavePro” coordinated by the University Medical Center Göttingen (UMG) receives 2.5 million euros over a period of three years from the “EIC Transition” funding program of the European Innovation Council for the development of the optical cochlear implant to restore hearing in humans.

Patent approval now also secured in the US, the largest IPF market (24/05/2024)

Cision News | 17/05/2024 | Following the recent patent application approvals in Japan and China, the patent (composition of matter) for OXC-201, Oxcias potential breakthrough approach for the treatment of IPF (idiopathic pulmonary fibrosis), has now also been approved in the largest market, the US. As previously communicated, the EIC (European Innovation Council) awarded Oxcia AB in early 2023 a grant of 2.5 million euros within the EIC-Transition program for the next phase of the development of OXC-201.

The Bulgarian-Norwegian company Iris.ai secured EUR 7.64 million in funding from Silverline Partners and EIC Accelerator (24/05/2024)

Novini.bg | 23/05/2024 | Silverline Capital is a pioneering European company, venture capital fund and a leading investor in this funding round. Its contribution is multiplied by the European Innovation Council (EIC) Accelerator Fund, the flagship boost from the EIC start-up grant, preceded by Fund support in January 2023.

Bulletin from the 2024 Annual General Meeting of Minesto AB (24/05/2024)

Tanalys.se | | 22/05/2024 | With development funding of more than EUR 45 million from the European Regional Development Fund, the European Innovation Council and InnoEnergy, among others, Minesto is the EU's largest investment in marine energy.

3Deus Dynamics Mobilizes $10 Million for Silicone 3D Printing (24/05/2024)

Les Echos Weekend (France) | 16/05/2024 | Designer of a process for molding silicone parts in 3Deus Dynamics has just closed a 10 million million euros thanks to the entry into the capital of the European Bank and the European Innovation Council. This funding also includes a grant from the EIC Accelerator and traditional bonds.

French startup Pasqal inks deal for Saudi Arabia’s first quantum computer (24/05/2024)

The Next Web | 21/05/2024 | As of March this year, Pascal had raised $140mn from investors including Temasek, Quantonation, BpiFrance, and the European Innovation Council (EIC). This places the company firmly among the 10 best-funded quantum startups in the world.

In Calabria there is Profumo of "innovation in innovation" (24/05/2024)

TFNews.it | 22/04/2024 | Electrical engineer, former Rector of the Faculty of Engineering of the Polytechnic of Turin, Francesco Profumo is a member of the new board of the European Innovation Council (EIC) and is now at the helm of the Scientific Committee of Entopan, which represents a sign of great fervour and commitment of our country in the field of innovation. This reality is called Entopan, a place that has a concentration of intelligence that goes beyond all expectations.

Viewpoint: Slovakia needs help to pull its weight in EIC competitions (24/05/2024)

Science Business | 22/05/2024 | In early April, the president of the European Innovation Council (EIC) Michiel Scheffer visited Slovakia, where he talked to Slovak innovators and key partners from the public sector about their experience of EIC funding schemes.

An economic mission from Luxembourg at the VivaTechnology exhibition (23/05/2024)

The Daily | 21/05/2024 | The Hereditary Grand Duke will chair a working visit to France in Paris mainly focused on the VivaTechnology exhibition, in which Luxembourg is participating for the5th time with a national pavilion jointly organised by the Chamber of Commerce, the Directorate for the Promotion of Foreign Trade and Investments of the Ministry of Foreign and European Affairs, Defence, Cooperation and Foreign Trade, and Startup Luxembourg. Many bilateral meetings are planned, including with two senior representatives of the European Innovation Council (EIC).

'Choose France' Summit attracts a promised €15B in foreign investment (15/05/2024)

Science|Business | 14/05/2024 | The seventh edition of the annual summit attended by industry and investors took place on Monday. Among the announcements, Estonia’s Skeleton Technologies, one of the first ever companies to be funded by the EU’s start-up funded the European Innovation Council, will invest €600 million in the country. The company manufactures fast-charging batteries.

News from the Council of the European Union following the Eurogroup meeting of 13 May 2024 (15/05/2024)

Council of the European Union news item | 13/05/2024 | Michiel Scheffer, the President of the Board of the European Innovation Council, gave his perspective, in particular on the relationship between SMEs here in Europe and innovation. He focussed on what further steps can be taken to support the innovation of small and medium-sized companies in the EU, which he said we should see as a source of competitive advantage.

Canadian Researchers can now apply for Horizon Europe funding (17/05/2024)

Innovation News Network | 16/05/2024 | Innovation, Science and Economic Development Canada has announced that Canadian Researchers can now apply for Horizon Europe funding opportunities. For those looking to start a business in Europe, funding is available through the European Innovation Council under Pillar 3.

Printed organs, custom scalpels and other medical applications of 3D printing (15/05/2024)

CE Noticias Financieras English | 12/05/2024 | The BIOMET4D project, funded by the European Innovation Council, aims to develop a new generation of implants with dynamic properties to restore tissues, applicable in reconstructive surgeries in conditions such as craniostenosis, in which the bones of a baby's skull close prematurely.

What associated country status means for UK social sciences and humanities researchers (17/05/2024)

Blog LSE | 17/05/2024 | On 1 January this year, the UK became an associated country to Horizon Europe, the EU’s flagship research scheme, and to the EU’s Earth observation programme Copernicus. The signing of the agreement on associated country status in September 2023, which came into effect on 1 January 2024, changed the conditions of access for UK applicants to Horizon Europe and Copernicus funding by granting applicants to calls in the Horizon Europe Work Programme 2024 onwards the same rights as EU participants, with very limited exceptions. These limitations affect access to the European Innovation Council (EIC) Fund and to programmes where eligibility for individual funding calls is restricted to member states or certain other countries under existing work programmes.

Beyond Horizon – creating an ambitious framework programme for Europe’s R&I excellence (17/05/2024)

TheGuild.eu | 16/05/2024 | The position of the "Guild of European Research-Intensive Universities" about FP10. Among others, they push for the principle 'Embed innovation in scientific excellence'. Researchers must be empowered to select and carry out the knowledge valorisation they deem the most relevant. Instead of exclusively focusing on industrial policy priorities, the European Innovation Council must be open to all promising ideas and provide researchers easy access to proof-of-concept funding to develop these ideas.

A DARPA-like agency could boost EU innovation — but cannot come at the expense of existing schemes (15/05/2024)

Nature | 14/05/2024 | At the end of last month, French President Emmanuel Macron gave a two-hour speech at Sorbonne University calling for Europe to create its own DARPA (the US Defense Advanced Research Projects Agency). Part of the EU’s dilemma is that it already has substantial funds for research designed to support what it calls “disruptive innovations”. In 2021, it created the European Innovation Council (EIC), which has an annual budget of €1 billion.

European venture debt: a new kid on financing block (17/05/2024)

Delano.lu | 15/05/2024 |At the EIB Adventure Debt Summit, Anna Panagopoulou - director of European research area and innovation at the European Commission, DG RTD - addressed the complementarity between the EU Commission, in particular the EIC, and the EIB.

Calls to scrap EIT mount as Fraunhofer slams the EU technology institute (17/05/2024)

Science|Business | 16/05/2024 | Germany’s leading technology translation body says European Institute of Innovation & Technology ‘fails to provide added value’. Fraunhofer’s core justification is that other EU funding schemes, such as the large collaborative projects funded under Horizon Europe pillar 2, or the European Innovation Council, are more adept at doing what EIT does. The paper says resources currently directed to the EIT should to be put back into FP10, in particular to support the European Innovation Council (EIC), the EU’s main start-up fund.

Slovenia's government wants to overhaul its startup policies (15/05/2024)

Sifted | 14/05/2024 | In 2023, Slovenia was marked as the worst in Europe for implementing startup friendly policies — but it is trying to turn that around. By 2030, the ministry wants Slovenia to have at least 476 startups per million inhabitants — twice as many as today — and for its startups to raise 10 times more money than they currently do (€41 per capita now versus a target of €410 per capita). It also wants its startups to reach the European average acceptance rate when applying to European Innovation Council programmes — the EU vehicles that give grants to and invest equity into European deeptech startups.

Towards implantable multisensor to monitor the health of the cardiovascular system (17/05/2024)

InSaluteNews.it | 15/05/2024 | The IV-Lab project funded by the European Union, coordinated by the Italian Institute of Technology in Pontedera, has received over 4 million euros from the European Innovation Council (EIC). The device will allow doctors to provide timely and personalized treatments.

New podcast: Aston University research institute team discuss membrane separations and chocolate boxes (17/05/2024)

Alpha Galileo | 16/05/2024 | In the latest Aston Institute for Membrane Excellence (AIME) podcast, three researchers discuss the international BIOmimetic selective extraction MEMbranes (BIOMEM) project, which received £3m from the European Innovation Council (EIC) Pathfinder programme, and how it will feed into AIME’s work.

Infinite Orbits raises €12M to extend the lifespan of satellites (15/05/2024)

Tech EU | 13/05/2024 | Infinite Orbits launched its first vessel into GEO Orbit, 35,700km above the Earth, last week. The verification and validation roadmap of Infinite Orbits’ technology started in 2019 with key technology partnerships including ESA & CNES and with funding from the European Innovation Council (EIC), bpifrance and La Region Occitanie.

Start-up of the month: Recovering silver and silicon through photovoltaic module recycling (15/05/2024)

PV Magazine | 13/05/2024 | The start-up Solar Materials has been operating a certified initial treatment facility for discarded photovoltaic modules since the end of 2023 and plans to scale up in 2025. So far, the company has financed itself primarily through venture capital investors bmp Ventures, First Imagine! and catapult. They also have just completed our Series A financing round and were able to win more than 6.5 million euros in funding such as the EIC Accelerator.

What has occurred within the Bulgarian IT sector? (15/05/2024)

Times News | 15/05/2024 | The IT sector in Bulgaria continues to develop actively within the first 4 months of 2024. The tech business actually has excellent news to share, from progressive AI tasks to vital funding and the launch of recent internship and education schemes. Among the companies mentioned in the article: Good Farm Robotix received €2.4 million from the European Innovation Council to develop an autonomous solar-powered robotic geared toward environment friendly crop weeding.

HEPHAISTOS secures Euro10.3 M to reach the clinical stage (17/05/2024)

Investor Observer | 16/05/2024 | HEPHAISTOS-Pharma welcomes Elaia to complete its Seed Round, securing a total of €10.3 million from investors and non-dilutive financing. €4.5M seed round led by Elaia with xista sciences ventures, Fondation Fournier-Majoie, Noshaq, Angels Santé and Femmes Business Angels. €5.8M non-dilutive funding from the EIC Accelerator, Bpifrance i-Nov, and France 2030 clinical grant.

DigiFarm is revolutionizing agriculture with artificial intelligence (15/05/2024)

Ny Teknikk | 14/05/2024 | DigiFarm was an early adopter and received support from Innovation Norway to participate in national and European programs for technology and start-ups. In 2021, they raised a whopping 60 million in the European Championship for Innovation - the EIC Accelerator program in Horizon Europe.

Rapid and precise lab-on-a-chip water analysis – all from a little Panda! (17/05/2024)

Envirotech | 16/05/2024 | The PANDa, from Klearia, – or Portable ANalyzer track for metal Detection – is built around unique, patented microfluidics technology; it detects trace harmful heavy metals in drinking, process and industrial water from 1 µg/L validated on real matrices. In 2022, Klearia secured the backing of the EIC Accelerator program to enhance the PANDa technology. Presently, Klearia are actively seeking industrial use cases to initiate pilot implementations.

Abora Solar closes a capital increase of 2.64 million for its international expansion (15/05/2024)

PV Magazine | 13/05/2024 | Abora Solar, a Spanish manufacturer of panels with hybrid solar technology, formalized an investment round worth 2.64 million euros at the end of 2023. This capital injection will be used to accelerate the international expansion of the company, present in 36 countries, and to continue investing in RDI. The company has successfully completed the EIC Accelerator programme granted by the EU in 2020.

Lyon start-up 3Deus Dynamics desires of turning into a world chief in silicone printing (17/05/2024)

Archide | 17/05/2024 | On Could 2, the deeptech based in 2020 introduced that it had finalized a fundraising of 10 million euros from Elkem Silicone and the EIC Accelerator program of the European Innovation Council. Funding which can permit it to launch its first manufacturing line in early 2025 in its new 2,000 m2 manufacturing facility primarily based in Rilleux-la-Pape, within the metropolis of Lyon (Rhône), into which the corporate moved in Could 2023. But additionally to speed up its worldwide industrial growth and broaden the vary of supplies utilized in dynamic molding.

AI to accelerate discoveries in rare childhood cancers (17/05/2024)

Health Tech World | 14/05/2024 | A new collaboration between The Bardo Foundation, Iris.ai and the European Innovation Council (EIC), is set to harness artificial intelligence to accelerate much-needed discoveries for rare childhood cancers.

Estonian DeepTech Nanordica Medical raises €1.75M to treat severe wounds (17/05/2024)

InvestEstonia | 16/05/2024 | Estonian MedTech company Nanordica Medical has raised €1.75M to enter the market with first-in-class wound care products for severe wounds. The round was led by Estonian fund Specialist VC, with participation from Superangel and Amalfi. Previously, the company has closed a €2.4M EIC Accelerator funding round.

Orthopedic Digit Implants Market Size & Trends (15/05/2024)

Grand View Research | 13/05/2024 | The global orthopedic digit implants market size was estimated at USD 265.0 million in 2023 and is expected to grow at a CAGR of 6.5% from 2024 to 2030. Increasing government and non-government initiatives will escalate the market growth. For instance, in June 2022, Loci Orthopaedics, a Medtech start-up, received USD 8 million in funding and financial support from the European Commission's European Innovation Council (EIC) Accelerator Programme.

Sweetch Energy will optimize its unique zero-carbon electricity generation technology using Rockwell Automation's turnkey process control platform (15/05/2024)

Informazione.it | 14/05/2024 | Sweetch Energy's first demonstrator osmotic plant is currently under construction and will soon be operational at the Barcarin lock in Port Saint Louis du Rhone, France. The company plans to install several osmotic stations at the mouth of the Rhône to harness natural osmotic energy. The company is financially supported by industrial, deeptech and cleantech investors, as well as by BPI, Ademe and the European Innovation Council.

Blood vessels on demand / 2.5 million euros for EIC Transition project Vasc-on-Demand (17/05/2024)

16/05/2024 | Microblood vessels are the prerequisite for producing 3D tissue models. By realistically replicating human tissues, they offer more precise prediction of drug responses and help reduce animal testing. The European Innovation Council is now supporting a team led by Dr. Matthias Ryma from the Würzburg University Hospital (UKW) with 2.5 million euros for the commercial production of artificial blood vessels.

Green Queen weekly column: Future Food Quick Bites (15/05/2024)

Green Queen | 15/05/2024 | Weekly column rounding up the latest news and developments in the alternative protein and sustainable food industry. This week, it includes: cultivated meat company ProFuse Technology has received a €2.4M grant from the European Innovation Council (EIC) Transition programme, a recognition of policy support for alternative proteins in the EU.

#FFGSuccessStory Part 5: How sustainable ingredients are created from fruit seeds (15/05/2024)

Leadersnet (AT) | 12/05/2024 | Kern Tec is a manufacturer and B2B supplier of seeds, oils and granules for the food and cosmetics industries. At the end of September 2023, the startup raised an impressive 12 million euros in a Series A financing round. The Series A is led by Telos Impact, with participation from the PeakBridge Growth 2 fund and the European Innovation Council (EIC) Fund.

Carthera receives Orphan Drug Designation from US and EU authorities for carboplatin in malignant glioma (15/05/2024)

Pharmiweb.com | 14/05/2024 | Carthera is a clinical-stage medtech company focused on developing innovative ultrasound-based medical devices to treat a wide range of brain disorders. Since its inception, the technical and clinical development of SonoCloud has received support from the National Research Agency (ANR), the French public investment bank (Bpifrance), the National Institutes of Health (NIH) and the European Innovation Council (EIC).

EIC-funded NeuReality among the 50 most promising Israeli startups in 2024 (15/05/2024)

Calcalisttech | 13/05/2024 | In March of this year, the AI startup raised $20 million, with the European Innovation Council Fund among the investors in the current round.

Rhea1: finally technical details on the CPU for European supercomputers (15/05/2024)

14/05/2024 | SiPearl, a French company responsible for developing the European processor for HPC (high performance computing), will be in JUPITER, the first European exascale supercomputer (partly financed by the European Commission) which will be installed in Germany. A year ago, SiPearl completed a 90 million euro funding round with Arm, Eviden (Atos), the European Innovation Council (EIC) investment fund and French Tech Souveraineté. This windfall allowed him to resolve his financial concerns, recruit and move forward.

A Lyon start-up wants to reduce the mortality of resuscitated patients (16/05/2024)

TPBM - mesinfos | 15/05/2024 | Deeptech Orixha received financial support from the European innovation Council Fund and the French Tech seed fund, to validate its fluid ventilation technology, which aims to reduce the mortality of resuscitated patients.

Innovative Europe Conference: Financing opportunities at the Universitat Autònoma de Barcelona (Spain) (15/05/2024)

On 29 May 2024, the Universitat Autònoma de Barcelona organizes a day to publicize the calls of the European Innovation Council, EIC Pathfinder and Transition. During the day, there will be the participation of experts in the European Innovation Council programmes, including the National Contact Points for Pathfinder and Transition, who will explain in detail the most relevant aspects of the programme.

UZH researching innovative cancer therapy (08/05/2024)

SwissTrade | 06/04/2024 | Researchers from the University of Zurich (UZH) are in the process of developing new cancer therapeutics. Known as radiotheranostics, these drugs are designed to pinpoint and eliminate tumors at the same time. The SMARTDrugs projects is being backed by the European Innovation Council with almost 4 million euros in funding.

EIC updates investment guidelines for ‘game-changing’ tech (13/05/2024)

Europe Portfolio Adviser | 09/05/2024 | EIC Fund has approved some 350 investments in deep-tech companies across Europe since June 2020

Stargate Hydrogen raises €42M for novel electrolysers, appoints EIC Board member Taavi Madiberk, Skeleton founder, for a top role (08/05/2024)

InvestInEstonia | 08/05/2024 | Estonian green hydrogen startup Stargate Hydrogen just raised €42M to scale their innovative electrolyser tech, aiming to bring green hydrogen costs down to €1/kg. The company has also appointed EIC Board member Taavi Madiberk, Founder and CEO of Skeleton Technologies, as a Non-Executive Chairman.

Artificial intelligence, sustainability, mobility: The best of tech will meet at Vivatech in May 2024 (08/05/2024)

Publicis Groupe | 07/05/2024 | The 8th edition of VivaTech, the largest European event dedicated to startups and tech, returns to Paris Porte de Versailles from May 22 to 25. The EIC is one of the Silver Partners of the event.

A spin-off from Tampere University secures €2.4M grant from EIC for quantum laser technology development (08/05/2024)

ArcticStartup | 07/05/2024 | Vexlum, a spin-off from the Optoelectronics Research Centre (ORC), Tampere University of Technology, has received a €2.4 million grant from the European Innovation Council (EIC) to further develop its semiconductor laser platform for quantum technology applications.

ProFuse Technology Awarded €2.4 Million EIC Grant to Accelerate Cultivated Meat Production (13/05/2024)

PR NewsWire | 08/05/2024 | ProFuse Technology, a leading developer of enabling technologies for the cultivation of muscle tissue, today announced it has been awarded a €2.4 million grant from the European Innovation Council (EIC) Transition programme. This prestigious grant recognizes ProFuse's innovative technology and its potential to revolutionize the cultivated meat industry.

“There are a lot of products and some are very easy to access” (08/05/2024)

Le Progrès | 07/05/2024 | Interview with Christian Dubarry, head of the Europe Department at Bpifrance, which has become a central operator of European financing in France and Europe.

Developing Kyiv’s Wartime Startup Scene: Interview with Former Director of Ukrainian Startup Fund (08/05/2024)

KyivPost | 06/04/2024 | Pavlo Kartashov, former head of the state-owned Ukrainian Startup Fund, gave Kyiv Post a brief overview of the changing startup landscape in Ukraine over the last five years in an exclusive interview. "As you are probably aware of - he said -, we have a lot of different grant programs which were launched recently. We have a huge project by the European Union, €20 million made available by the European Innovation Council."

Cultivated Meat Startup Secures €2.4 Million EU Grant (13/05/2024)

NoCamels - Israeli Innovation News | 09/05/2024 | Israeli startup ProFuse Technology, which cultivates meat from cells, has received a €2.4 million grant from the European Innovation Council (EIC) Transition program in recognition of its innovative technology.

Barcelona Science Park companies receive €85.4 million in investment in 2023, 40% of the total in the BioRegion of Catalonia (13/05/2024)

APTE | 08/05/2024 | The entrepreneurial community of the Barcelona Science Park, comprising nearly a hundred start-ups and scale-ups that promote innovation in biomedicine and life sciences, continues to grow steadily, attracting investment and strengthening its role as an essential asset for the sector’s growth. The public funding received by the companies of the Barcelona Science Park community in 2023 reached €17.7 million, mainly from the European Commission - through various instruments of the European Innovation Council (EIC) - and from the NextGenerationEU fund, through Spain’s National Recovery and Resilience Plan (NRRP).

Latvian government calls for EIT to be ‘discontinued’ (13/05/2024)

Science Business | 09/05/2024 | The Baltic state puts further weight behind a Danish paper recommending the EU axes the European Institute of Innovation & Technology. According to the paper, EIT’s innovation-related activities should be integrated into the European Innovation Council (EIC), while education schemes – such as the Higher Education Initiative (HEI) and the EIT Label – could continue under Erasmus+.

Europe propelled Noraker to the stage of industrialisation (08/05/2024)

Le Progrès | 07/05/2024 | Winner SME Instrument - now EIC Accelerator - this Lyon-based medtech specialised in bone regeneration financed 70% of its €3.5 million project with European aid between 2019-2023. “It was a great accelerator and gave us real legitimacy,” underlines its CEO Céline Saint Olive Baque.

Fighting cancer with artificial cells (08/05/2024)

SCIENMAG | 06/04/2024 | Fighting cancer with artificial cells that are capable of detecting and treating it. This is the dual objective of a research team of the Department of Cellular, Computational and Integrative Biology – Cibio of UniTrento, which has recently started two European projects funded by the Horizon Europe – EIC Pathfinder Open programme.

The future of Europe’s research and innovation programmes on the cusp of a new era (13/05/2024)

Euractiv.com | 09/05/2024 | With the EU’s current research and innovation programme, Horizon Europe, ending in 2027, the ground is now being set for its successor: one that needs to match the caliber of Europe’s knowledge base with the creativity and precision needed to drive the bloc’s competitiveness for the next decade, write José Manuel Barroso (former President of the European Commission) and Ján Figel (former European Commissioner for Innovation, Research, Culture, Education and Youth, and a current member of the EIT Governing Board).

Linköping finalist with Framtiden's city centre (08/05/2024)

Nordic Daily | 06/04/2024 | Linköping is one of three finalists for the Placebrander of the Year award for the work on Framtiden's city centre. The collaboration in Framtiden's city center was also a part of Linköping being the first Swedish city to receive the iCapital Awards and being named 'European Rising Innovative City'.

Nanotechnologies evolve between ingenuity, sustainability and customization (13/05/2024)

Pambianco News | 09/05/2024 | Nanotechnologies are the future of sectors such as automotive, aerospace and transport, called to study materials that guarantee greater performance, high durability and lower consumption of power. Among the protagonists of this revolution is Nano-Tech, a deep tech company from Ascoli Piceno founded in 2016 on the initiative of a group of young engineers, one of the three Italian companies (out of 47) that was awarded the funding allocated by the European EIC Accelerator programme promoted within Horizon Europe to support startups and innovative SMEs.

Minesto's Dragon 12 power plant reaches three months of trouble-free testing – generating valuable performance and robustness data (13/05/2024)

Tanalys Sweden | 08/05/2024 | Minesto, leading Swedish developer of marine energy, announces today that the Dragon 12 tidal dragon has now been successfully connected to the grid for three months and delivered as expected at the production site in Vestmanna, Faroe Islands. With granted development funds of more than 45 million euros from, among others, the European Regional Development Fund, the European Innovation Council and InnoEnergy, Minesto is the EU's largest investment in marine energy.

Social innovation for digital democracy: 75 thousand euros up for grabs for the best project (08/05/2024)

CorCom | 08/05/2024 | The twelfth edition of Eusic, the European Commission award, is underway. For the second and third place 50 thousand and 25 thousand euros. Applications by June 11th, here's how to participate

University Of Zurich: Revolutionizing Cancer Treatment With SMARTdrugs (13/05/2024)

India Education Diary | 10/05/2024 | The consortium consists of five European teams that bring together complementary skills, technologies and expertise in synthetic chemistry, radiopharmaceutical biology and cancer diagnosis and therapy. Now, SMARTdrugs has been awarded a Pathfinder Open Grant from the European Innovation Council (EIC) of nearly 4 million euros.

AquaBattery raises €6m in seed funding to deploy flow battery technology (13/05/2024)

Imperial | 10/05/2024 | AquaBattery, a startup co-founded by Imperial graduate Dr Jiajun Cen, has closed a €6 million seed investment round. The money will support further development of a low-cost, sustainable energy storage solution based on salt water. In 2022, it secured a €2.5 million grant from the European Innovation Council’s Accelerator programme to move its technology forwards.

European Social Innovation Competition 2024 Open For Applications Until 11 June 2024 (13/05/2024)

Romania Journal | 08/05/2024 | The Commission launched the 12th edition of the European Social Innovation Competition (EUSIC). Funded by the European Innovation Council (EIC) under Horizon Europe, the prize promotes the potential of social innovation to provide solutions to societal challenges and to foster sustainable and inclusive growth in Europe. This year’s challenge concerns social innovation in “Digital democracy”.