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European Innovation Council
News article6 September 20231 min read

EIC Fund topping the charts

It’s challenging to keep the EIC Fund - and the game-changing startups supported by the Fund - out of the news these days.

Sifted listed the EIC Fund as the fifth largest tech investor in Europe in the second quarter 2023, with numerous investments into game-changing companies - spanning across a range of tech industries - including Hardt Hyperloop, ATXA Therapeutics, Brevel, SONIO, Xeltis, Cellevate and Qarnot Computing. The EIC is also in the top spot of Sifted’s 10 most active tech-bio investors in Europe, making it the largest European investor in companies using cellular processes to develop life-enhancing technologies.

And the EIC Fund is a proud second in Europe in Pitchbook’s table of most active VC investors in Q2 2023 (select venture firm in the drop-down menu) and fifteenth place worldwide!

The EIC Fund is an important source of funding for start-ups and small businesses in Europe. The equity investments, ranging from  EUR 500,000 to EUR 15 million per company (more in justified cases), complement the EIC Accelerator grant financing of up to EUR 2.5 million.



Publication date
6 September 2023