EIC Fund

Activity from announced rounds

All recorded activity

The EIC Fund is the European Innovation Council’s venture investment arm, financed by the European Commission to help European deep-tech startups and scaleups commercialise breakthrough technologies.

It combines patient capital with co-investment from private investors, with investment advice from the European Investment Bank. The purpose is to bridge financing gaps for technologies that need substantial development before reaching the market.

Its sector scope includes advanced materials and manufacturing, energy and climate, biotechnology, medical technology, quantum computing, semiconductors and space. Founders approach it through the EIC funding framework, with the investment component supporting the commercial growth of selected innovative companies.

Sources
Rounds participated in
13
Confirmed lead rounds
1
10 roles undisclosed
New companies
13
First participation on record · 0 follow-on
Funding in participating rounds
$1.4B
12 disclosed · full round size, not this investor’s share

By stage

Series B4
Growth3
Series A3
Undisclosed2
Seed1

By primary sector

Climate tech6
Hardware3
Foodtech1
Healthtech1
Industrial tech1
1 more
Proptech1

By country

Germany4
Netherlands4
Spain2
Finland1
Italy1
1 more
Luxembourg1

Rounds

13 in all activity
Reverion

Reversible solid oxide fuel cell power plants that generate dispatchable electricity from gas and can store surplus power as storable gas.

$175MSeries B
Participant
Morphotonics

Morphotonics makes large-area nanoimprint lithography equipment for manufacturers of optical components, including display waveguides and data-center photonics.

>€40MSeries B
Participant
MOA Foodtech

MOA Foodtech uses AI-guided fermentation to turn agricultural and food-processing byproducts into functional protein and ingredient products for food and pet-food manufacturers. Its models help select suitable microorganisms and process conditions for each feedstock; the company also offers custom development and modular systems for valorising starch-rich side streams.

€3.3M€3.3 million financing round
Lead
Circular Materials

Circular Materials develops technology to recover critical raw materials from industrial wastewater

€11.8MUndisclosed
Role not disclosed
Hyperion Robotics

Hyperion Robotics creates robotic microfactories to produce infrastructure components on‑site

$7.4MGrowth
Role not disclosed
Proxima Fusion

Develops commercial fusion power plants based on stellarator concept

€411MGrowth
Role not disclosed
H2SITE

Develops membrane reactors and separators for high-purity hydrogen production from ammonia, methanol, and gas blends

€42MSeries B+
Role not disclosed
Focused Energy

Develops laser-driven inertial confinement fusion systems targeting commercial clean energy production

$240MSeries A
Role not disclosed
eleQtron

Develops trapped-ion quantum processors

€57MSeries A
Role not disclosed
OrangeQS

Develops quantum chip testing systems

€15MSeed
Role not disclosed
Vitestro

Develops autonomous robotic phlebotomy devices for diagnostic blood collection

$70MSeries B
Role not disclosed
Axelera AI

Develops AI acceleration hardware for edge computing and data center applications

$250MGrowth
Role not disclosed
R3 Robotics

Automates disassembly of electric vehicle components using AI and robotics

€14MSeries A
Role not disclosed