EIC Scaling Club's Monthly Newsletter on European Deep Tech
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Dear Community Member, 

 

2024 is coming to an end. And oh, what a great year it has been! Together, we’ve reached milestones, overcome challenges, and celebrated successes.

 

Now, before we take a well-earned break, let's look back at all the things we've done this year. Shall we?

 

Wishing you a lovely holiday season,

The EIC Scaling Club team

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EIC Scaling Club's Year 2024 in Review

 

Biggest funding rounds by EIC Scaling Club members

🥇 €64.8M by Axelera AI (Next-Gen Computing)

🥈 €32M by CorPower Ocean (Renewable Energies)

🥉 €23.8M by Heimdall Power (Renewable Energies)

 

Other significant EIC Scaling Club members' accomplishments

🚀 Vay starts collaboration with Peugeot

🚀 EOLOGIX-PING secures significant investment to advance their sensor solutions

🚀 Quobly announces key milestone for fault-tolerant quantum computing

 

EIC Scaling Club's year 2024 in numbers

💼 100+ companies

📊 10 market opportunities

📢 2 EIC Scaling Club events

📝 22 market reports

🏆 5000+ LinkedIn followers

💌 2500 newsletter subscribers

 

This is just the beginning–we can't wait to see what 2025 has in store. Here's to an impactful New Year!

EIC Scaling Club Members in the Spotlight

Quside: Commercialising quantum randomness to transform cybersecurity

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Quside, a member of our Next-Gen Computing group, is a Spanish company developing quantum random number generators (QRNGs). Operating at the intersection of quantum physics and semiconductor technology, the company aims to revolutionise the way *truly* random numbers are generated.

READ MORE

CorPower Ocean: Making waves in clean energy

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Meet CorPower Ocean – a Swedish scale-up developing wave energy converters. The company has been on a mission to harness the power of the ocean to provide clean and renewable energy since 2012. Today, after over a decade of diligent solution development and overcoming numerous challenges, CorPower Ocean is wowing the world with its innovations.

READ MORE

Ribbon Bio: Advancing synthetic DNA solutions for human and planetary health

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Ribbon Bio, a synthetic biology company, specialises in DNA synthesis. By pushing the frontiers of science, this Vienna-based company innovates with partners to leverage the power of synthetic biology for solutions towards the health of people and planet. While competitors focus on smaller DNA fragments, Ribbon Bio can synthesise longer DNA sequences, up to 20 kilobase pairs (kbp), without compromising accuracy or complexity.

READ MORE

EIC Scaling Club Companies Making Headlines

01

Vivici – the first to use BBEPP’s 75,000 L fermentation line

 

Dutch company Vivici will use the Bio Base Europe Pilot Plant’s (BBEPP) brand-new 75,000 L fermentation line to validate its Vivitein™ BLG technology at a large production scale.

READ MORE
02

contextflow secures Europe’s first radiology AI reimbursement contract

 

This agreement with the Austrian company contextflow is set to transform lung cancer detection and pave the way for broader AI adoption in medical imaging across Europe.

READ MORE
03

XXII opens the CMA CGM Startup Awards 2024

 

The prestigious award is organised by the CMA CGM Group and was opened by the EIC Scaling Club member XXII (France). It honours innovative startups in shipping, media, and logistics.

READ MORE

Open Calls!

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Webinar! Scale up with STEP: access tailored resources for growth across Europe

 

The EIC Strategic Technologies for Europe Platform (STEP) Scale Up scheme offers up to €30 million in funding to startups, SMEs, and small mid-caps, focusing on scaling innovation in Europe's strategic tech sectors like digital, deep tech, clean tech, and biotech. Join the webinar to learn more and get tips for a successful application!

 

When? January 23, 2025, 10:00–11:15 CET

Where? Online

 

REGISTER NOW

News From the EIC

  • Open Call: Join the Winter School 2025 on Intellectual Property and Legal Strategies for Deep Tech innovations
  • Open Call: Join InnoNext to tap into Europe’s top tech talents through fully-funded internships, valued at up to €30,000
  • EIC Service Catalogue Highlights: Start your journey to break into new markets this holiday season
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That’s it for this month!

 

Do let us know how we can improve this newsletter in future editions.

 

Make sure to follow us on social media to stay updated on all things European deep tech as we get busy building a vibrant EIC Scaling Club.

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This project has received funding from the European Union under Grant Agreement N 101114582, ©2024, All rights reserved.

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