EIC Scaling Club Expands with 72 New DeepTech Scale-Ups from Across Europe
The European Innovation Council (EIC) Scaling Club has welcomed 72 new scale-ups from 24 countries, joining an exclusive community of over 120 promising deeptech innovators.
Announced at the recent Scale 100 Forum in Athens, Greece, this expansion aligns with the Club’s mission to accelerate growth, support innovation, and turn 20% of its members into unicorns through strategic mentoring, funding, and corporate partnerships.
The EIC Scaling Club is an initiative funded by the EIC and operated in partnership with Tech Tour, Bpifrance (EuroQuity), Hello Tomorrow, Tech.eu (Webrazzi), EurA, and IESE Business School.
The EIC Scaling Club supports these hand-picked deep tech scale-ups with fundraising, leadership mentoring and coaching, corporate partnerships and matchmaking, media visibility, recruitment, and more. The Club aims to accelerate growth for all its members, aiming to scale 20% of them into unicorns.
Teresa Cunha, Lead at the EIC Scaling Club, says
Our EIC Scaling Club proudly supports a diverse group of 120 companies, active across ten prominent deep tech markets, which have collectively raised over €3.4 billion to date.
With the backing of more than 400 dedicated club members, these companies are well-positioned to tackle global challenges within their respective industries, and I am confident they will continue to grow and reach their full potential.
The selected deep tech companies represent six key sectors:
- Agri & Food Tech
- Batteries & Energy Storage
- Cardiovascular Therapies
- Clean Fuels & Hydrogen
- New Biotech Platforms
- New Space Tech
A network of stakeholders, including investors, mentors, agencies, public funds, media, and other industry experts, nominates candidates for EIC Scaling Club membership.
A jury of investors then selects scale-ups with strong management teams, innovative technology, robust market strategies, and high potential for impactful, scalable growth. Priority is given to diverse teams with sustainable growth trajectories.
In addition, the EIC has launched the EIC Trusted Investor Network, bringing together over 50 of Europe’s leading technology venture capitalists and investors. This network aims to accelerate co-investments with the EIC Fund and provide more financing options for high-potential startups selected by the EIC.
Companies Accepted to the EIC Scaling Club on 21 October 2024
Agri & Food Tech
- Agriodor (France) – Developing sustainable odour solutions to protect crops and increase yield.
- Algaenergy (Spain) – Utilising microalgae for sustainable bio-products in agriculture.
- Arborea (Portugal) – Combining AI and agriculture to monitor and optimise crop growth.
- Brite Solar (Greece) – Innovating transparent solar panels for agricultural applications.
- Fresh Inset (Poland) – Smart indoor farming solutions for fresh produce all year round.
- Green Spot Tech (France) – Creating eco-friendly food preservation technology.
- Kern Tec (Austria) – Sustainable food innovations from upcycled fruit pits.
- Livin Farms (Austria) – Insect-based protein solutions for sustainable food systems.
- N2 Applied (Norway) – Turning livestock manure into fertiliser to cut emissions.
- Protealis (Belgium) – Breeding protein-rich crops for sustainable food supply.
- Trapview (Slovenia) – Smart pest monitoring systems for improved crop management.
- Vivici (Netherlands) – creating superior dairy proteins with significantly less impact on the planet.
Batteries & Energy Storage
- ACCURE Battery Intelligence GmbH (Germany): Battery analytics to improve performance and safety.
- Basquevolt (Spain): Developing solid-state batteries for sustainable energy storage.
- C2C-NewCap (Portugal): High-performance energy storage solutions for a greener future.
- Circu Li-ion (Luxembourg): Battery recycling technologies to reduce waste.
- Cylib (Germany): Sustainable lithium-ion battery recycling.
- ElevenEs (Serbia): Producing large-scale, eco-friendly battery cells.
- Energy Dome (Italy): CO₂-based energy storage for renewable grid stability.
- ENERGYNEST (Norway): Thermal energy storage solutions for industrial applications.
- Enerpoly (Sweden): Innovative zinc-ion batteries for sustainable energy storage.
- Hyme Energy (Denmark): Decarbonising energy with advanced energy storage solutions.
- Mecaware (France): Recycling critical battery materials sustainably.
- UP Catalyst (Estonia): Converting CO₂ into battery-grade materials.
Cardiovascular Therapies
- AMT Medical (Netherlands): Developing solutions for coronary artery disease.
- AnaCardio (Sweden): Innovative therapies for heart failure.
- Anaconda Biomed (Spain): Advanced catheter technology for stroke treatment.
- Aortyx (Spain): Repair solutions for aortic disease and vessel healing.
- Cardiawave (France): Non-invasive ultrasound therapy for heart valve diseases.
- Check Point Care (Bulgaria): AI solutions for cardiovascular risk assessment.
- Contextflow (Austria): AI-powered imaging for fast, precise diagnosis.
- CorWave (France): Advanced heart pumps for heart failure patients.
- Gradient Denervation Technologies (France): Minimally invasive hypertension treatments.
- Ligence (Lithuania): AI-driven cardiac imaging for rapid heart analysis.
- RDS (France): Solutions to reduce cardiovascular disease complications.
- Sentante (Lithuania): Innovative tools for vascular health assessment.
Clean Fuels & Hydrogen
- Battolyser Systems (Netherlands): Storing renewable energy through hydrogen production.
- Dynelectro (Denmark): Electrolysis technology for hydrogen production.
- Elcogen (Estonia): Efficient fuel cell and electrolysis technology for clean energy.
- Hydrogen Onsite (Spain): Onsite hydrogen production solutions for clean fuel.
- Hydrogenious LOHC (Germany): Liquid hydrogen storage for safer fuel transport.
- INERATEC (Germany): Sustainable fuel production from CO₂ and hydrogen.
- Jolt (Spain): Green hydrogen solutions for industrial applications.
- Naco Technologies (Latvia): Advanced coatings for hydrogen and energy systems.
- Nordic Electrofuel (Norway): Converting CO₂ into synthetic fuel.
- PowerUP Energy Technologies (Estonia): Portable hydrogen fuel cells for energy on the go.
- Sakowin (France): CO₂-free hydrogen production from methane.
- Zeleros (Spain): Hyperloop technology as a clean transportation solution.
New Biotech Platforms
- Amadix (Spain): Early cancer detection tests for personalised medicine.
- Arctic Therapeutics (Iceland): Developing therapies for rare genetic disorders.
- Asgard Therapeutics (Sweden): Immunotherapies for cancer treatment.
- Cellply (Italy): Precision diagnostic tools for oncology.
- Convert Pharmaceuticals (Belgium): Targeted cancer therapies for improved outcomes.
- Elypta (Sweden): Liquid biopsy for early cancer detection through metabolic profiling.
- GeneCode (Estonia): Genetic engineering for therapeutic applications.
- Glycanostics (Slovakia): Biomarker testing for cancer and other diseases.
- MiMARK Diagnostics (Spain): Diagnostic solutions for gynaecological diseases.
- Osivax (France): Universal flu vaccines for broad viral protection.
- Ribbon Biolabs (Austria): High-fidelity DNA synthesis for biotech applications.
- Sensius (Netherlands): Thermotherapy devices for cancer treatment.
New Space Tech
- Aldoria (France): Space technology for resource exploration and utilisation.
- Aurora Propulsion Technologies (Finland): Satellite propulsion systems for efficient space travel.
- Cailabs (France): Laser-based solutions for satellite communication.
- Caracol (Italy): 3D printing for aerospace applications.
- Constellr (Germany): Infrared satellite imaging for environmental monitoring.
- EnduroSat (Bulgaria): CubeSat solutions for scalable space missions.
- HyImpulse Technologies (Germany): Hybrid rockets for affordable space access.
- Mbryonics (Ireland): Optical communications for satellite networks.
- OQ Technology (Luxembourg): 5G network for IoT devices in remote areas.
- PLD Space (Spain): Reusable rockets for commercial space launches.
- Rocket Factory Augsburg (Germany): Affordable launch services for small satellites.
- U-Space (France): Space data solutions for smarter Earth monitoring.
The startups selected by the EIC Scaling Club showcase Europe’s drive toward sustainability, innovation, and economic resilience. With strong representation in sectors like Agri & Food Tech, Batteries & Energy Storage, and New Biotech Platforms, these companies tackle pressing challenges from renewable energy storage and food security to advanced healthcare solutions.
Many employ AI and circular economy principles to optimise resources, reduce waste, and improve efficiency. This selection supports Europe’s Green Deal and health objectives and empowers emerging tech hubs across the continent, promoting sustainable growth and regional innovation.
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