Companies selected for EIC blended finance
The EIC Fund was launched under the pilot phase of the EIC to invest in the 159 companies selected under the EIC pilot Accelerator.
The equity investments, ranging from €0.5 to €15 million per company, complement the grant financing of up to €2.5 million, which has already been provided through the EIC Accelerator.
EIC Fund Equity Investments - signed deals
The list of companies below shows only 21 signed deals as the European Commission does not publish the investments until the company and other investors have given consent.
All investments are preceded by a thorough evaluation by external experts, a due diligence process overseen by the EIC Fund Investment Committee, and a final decision by the EIC Fund Board of Directors.
|Country||Company||Proposal acronym||Short description||Investment amount||Investment agreement signed on|
|France||CorWave SA||Calyspo||CorWave will transform a very promising preclinical prototype into an industrial CE-marked medical device that patients, clinicians and payers are waiting for.||€ 15.000.000||17 December 2020|
|Finland||FARON PHARMACEUTICALS OY||MAGIF||Faron leading the way in macrophage guided immunotherapy||€ 10.000.000||15 February 2021|
|Denmark||NIL TECHNOLOGY APS||SUPERvisionary||New Diffractive Optical Element Lenses and related industrial services||€ 10.000.000||10 February 2021|
|France||KAROS||UNITE||Revolutionising suburban areas commuting services and offer a disruptive transportation service to commuters.||€ 2.500.000||1 March 2021|
|Netherlands||Magnitude Space B.V.||Hiberband||The low-power global area network enabling affordable and ubiquitous connectivity for the Internet of Things||€ 10.000.000||25 March 2021|
|Belgium||TESSARES SA||MPA||Mobile Application for Hybrid Internet||€ 1.400.000||1 March 2021|
|Sweden||Gleechi AB||VirtualGrasp||Virtual Reality Training||€ 2.400.000||19 March 2021|
|France||Nestwave||Nestwave||The next generation of hybrid location technology and solutions for IoT||€ 1.200.000||29 March 2021|
|Iceland||EpiEndo||BRONCHOTHELIN||The first-in-class disease-modifying drug for chronic airway disorders||€ 2.700.000||31 March 2021|
|France||Antofénol||ANTOFERINE||A natural solution for post-harvest protection of fruit and vegetables||€ 2.500.000||4 May 2021|
|Estonia||Lixea||Bioflex||Second life of wood: BioFlex technology to dissolve waste wood to get raw materials||€ 2.000.000||6 May 2021|
|France||Demeta||iCare||Disruptive high-performance polymers||€ 1.000.000||21 April 2021|
|Germany||Smart4Diagnostics GmbH||S4DX||The world’s first “digital data-fingerprint” for human blood samples||€ 5.050.000||10 May 2021|
|Portugal||Ophiomics||Hepatopredics||HepatoPredict, A decision tool for Liver Transplantation based on molecular signature||€ 1.000.000||26 May 2021|
|Germany||Keyou||H2Engine||Environmentally friendly combustion engines.||€ 5.700.00||4 March 2021|
|Sweden||Handiscover||Handiscover||World’s first inclusive booking system that helps people with a disability||€ 1.500.000||19 May 2021|
|France||Xenothera||Bright||Treatment severe cases of Covid infection||€ 10.000.000||29 June 2021|
|Germany||Advitos GmbH||ADVOS-COVID-19||Unique therapy for patients with multi-organ failure||€ 3.700.000||2 July 2021|
|Israel||Nanovation||SenseGuard||A breakthrough respiratory monitoring device incorporating novel nanotechnology-based sensors||€ 5.000.000||5 July 2021|
|Switzerland||Positrigo AG||Positrigo AG||Cheaper and smaller brain scanner: NeuroLF||€ 1.500.000||15 July 2021|
|Norway||ONiO||WISE||Wireless IoT technology to power multiple commercial solutions||€ 1.000.000||21 September 2021|