November was here – did you notice? Time flies when you're busy hustling and scaling your business. Let us know of your achievements – we're always happy to help you spread the word!
In the meantime, read in this issue:
Founders of EIC Scaling Club companies share the lessons learned from building a deep tech company,
Get to know our members – Vay, MiMARK, Dynelectro, Vianova, Amadix, Glycanostics, and H2SITE,
Meet EIC Scaling Club companies accelerating the green transition,
And more!
Happy reading,
The EIC Scaling Club team
Our Members Share Their Experience
We asked the leaders of our member companies: What is one lesson you've learned from building a deep-tech company that you wish every founder knew?
From food to fuels: EIC Scaling Club companies accelerating the green transition
Deep tech scale-ups in the EIC Scaling Club are high-impact companies spanning ten market groups and united by a mission to improve the world. While some focus on human health or space exploration, others are dedicated to safeguarding our planet. This article highlights our members advancing climate-friendly solutions –from agriculture and batteries to mobility – that are driving the green transition.
EnduroSat boosts production with €89.9 million funding and a new space centre
EIC Scaling Club company EnduroSat (Bulgaria) has raised €89.9 million in new funding from Riot Ventures, Google Ventures, Lux Capital, the European Innovation Council, and Shrug Capital to accelerate the production of its modular satellite platforms.
U-Space raises €24 million to accelerate Europe’s industrial capacity for smallsat constellations
Following an initial €7 million round in 2022, French smallsat manufacturer and a member of our New Space market group U-Space has secured a new €24 million Series A to scale production, deepen international expansion and reinforce Europe’s role in the global satellite constellation market.
Green Spot Technologies raises €5 million to scale fermented ingredients that could replace cocoa
French company Green Spot Technologies has secured €5 million to scale the industrial production of its fermented, upcycled ingredients. The round combines equity with bank loans and was led by Team for the Planet, with support from the European Innovation Council, EIT Food, and various angel investors.
Events
Roadshow: Future XPO 2025
When? 4 December 2025
Where? Amsterdam, The Netherlands
FUTURE XPO features live startup pitches, hands-on workshops, networking sessions and exhibitions across impact domains. The focus is on practical innovation, funding opportunities and real business connections for those who dare to dream bigger and do better.
European DeepTech Week 2026 will unite the European innovation ecosystem through tailored pitching sessions, expert panels across key deep-tech fields, and curated matchmaking, workshops, and networking designed to spark high-value collaboration.
EIC Scaling Club's final in-person event will gather our members and selected guests in Paris, France. Hear inspiring keynotes and fireside chats from our companies, mentors, and industry leaders. And gain practical insights from best-practice workshops on scaling, investment, and partnerships.