Market Highlights for all 10 market groups – Now available

EIC Scaling Club recently rounded out its lineup of 120 companies, announcing the final additions at the Scale 100 Forum, a community event held on 21-22 October in Athens, Greece. Within the Club, each of the 120 members is part of one of 10 pre-defined market sector groups, with a dozen companies per group.

Market Highlight reports are now available for all 10 groups:

• 'Digital Security & Trust'
• ‘Next-Gen Computing'
• 'Renewable Energies'
• 'Smart Mobility'
• ‘New Space'
• 'Batteries & Energy Storage'
• ‘Cardiovascular Therapies'
• ‘Clean Fuels & Hydrogen'
• ‘New Biotech Platforms'
• ‘Agri & Food Tech'

Market Highlights are reports that provide a snapshot of the challenges and opportunities of each sector, as well as an overview of the group’s members, including the European Scale-ups and the broader EIC Scaling Club ecosystem supporting them. 

EIC Scaling Club market groups – get to know the movers and shakers of Europe’s tech scene

Each group represents a high-potential area where Europe and its bright minds can not only contribute but lead globally. EIC Scaling Club members are poised to drive innovation in these sectors, as well as contribute to achieving the EU's energy, security, and technological ambitions. More than just a category, each market group is a nexus of companies, mentors, stakeholders, investors, and peers all connected through EIC Scaling Club with the goal of helping at least 20% of the scale-ups reach 'unicorn' status. 

That said, while the Club seeks to facilitate and accelerate their growth, its 120 members representing 26 countries from every corner of Europe, already have an impressive track record of:

• €3.56B total raised – that’s €30.16M on average per company, with the median being €17.2M
• 683 active investors backing companies
• And 7,721 total employees, with 78 of the companies featuring women in executive positions

Interestingly:

• The groups who have raised the most are Smart Mobility, Clean Fuels & Hydrogen, and Batteries & Energy storage with €530.56M, €500.78M, and €430.90M, respectively. The New Space group comes in a very close fourth, with €430.87M
• Nearly every company (11 out of 12) in the Cardiovascular Therapies group has at least one woman in executive positions. Women are least represented in the Digital Security & Trust and Renewable Energies groups, with only 4 companies in each group having at least one woman executive 
• There are three groups with over 1,000 employees between the members, namely, New Space, Renewable Energies, and Smart Mobility. Conversely, the New Biotech Platforms group stands as an outlier, with only 307 employees across the 12 group members 

Helping these companies bring their ambitions to life is an equally impressive lineup of 300 Stakeholder Members from 30+ countries representing investment funds (63.53%), corporates (24.31%), governments & non-profits (9.41%), as well as service providers (2.75%). Altogether, these Stakeholders boast contributions to investments of €71B across 17,371 investments, and, with 54,699 related co-investors, unlock an incredibly wide and invaluable network for Club members. 

Explore all EIC Scaling Club reports

Beyond Market Highlights, EIC Scaling Club has also released Market Roadmap and Challenge Roadmap reports. 

You can find all the reports in one place: here. 

Make sure to check in periodically to discover new data-based insights, or just follow us on LinkedIn and X to be the first to know when new reports are released. 

About the EIC Scaling Club

The EIC Scaling Club is a curated community where 120+ European deep tech scale-ups with the potential to build world-class businesses and solve major global challenges come together with investors, corporate innovators and other industry stakeholders to spur growth.

The top 120+ European deep tech companies will be carefully selected from a pool of high-growth scale-ups that have benefitted from EIC financial schemes, other European and national innovation programmes, and beyond.

The EIC Scaling Club is an EIC-funded initiative run in partnership by Tech Tour, Bpifrance (EuroQuity), Hello Tomorrow, Tech.eu (Webrazzi), EurA and IESE Business School.

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