Cut-off 22 March 2023
EIC Accelerator March 2023 winners
51 companies from 17 countries were selected at the 22 March 2023 cut-off. This page maps the cohort and tracks what happened to it.
51
Companies
17
Countries
23
Blended finance
22
Grant first
6
Grant only
0
Equity only
Where the winners are
- Netherlands 8
- France 6
- Israel 5
- United Kingdom 5
- Germany 4
- Ireland 4
- Sweden 3
- Belgium 2
- Denmark 2
- Estonia 2
- Italy 2
- Norway 2
- Spain 2
- Austria 1
- Finland 1
- Poland 1
- Portugal 1
Funding mix
- Blended finance23 (45%)
- Grant first22 (43%)
- Grant only6 (12%)
- Equity only0 (0%)
What happened to them (51 of 51 checked)
- Active45 (88%)
- Acquired2 (4%)
- Insolvent2 (4%)
- Closed2 (4%)
- Not yet checked0 (0%)
Industries
- Medical devices13
- Biopharmaceuticals8
- Life science tools3
- Construction technology2
- Cybersecurity2
- Digital health2
- In vitro diagnostics2
- Photonics2
- Semiconductors2
- Bio-based materials1
- Construction and mining equipment1
- Controlled environment agriculture1
And 12 more industries with fewer companies, listed in the table below.
The 51 companies
| Company | Project | Industry | Country | Funding | Status | Report |
|---|---|---|---|---|---|---|
| Angiolutions GmbH | STAAART SmarT Abdominal Aortic AneuRysm TreatmentWorld's first device-based treatment for small abdominal aortic aneurysms based on revolutionary new treatment paradigm | Medical devices | Germany | Grant first | Active | Deep dive |
| arcsec NV | DeDUSTDebris Detection Using Star Trackers | Spacecraft components | Belgium | Grant only | Active | Deep dive |
| Better Medicine OÜ | BMAIEmpowering Radiologists in Cancer Diagnostics with Artificial Intelligence | Medical devices | Estonia | Grant first | Active | Deep dive |
| BIOPROTECT LTD | ProSpaceBioProtect Balloon Implant System – Enabling Safe Prostate Radiation Treatment even at extreme dosage | Medical devices | Israel | Blended finance | Acquired | Deep dive |
| Biosimulytics Limited | biosim m2mBioSim M2M: Molecules to Medicine | Life science tools | Ireland | Grant first | Active | Deep dive |
| Butterfly Medical Ltd. | MPRDInnovative, minimally invasive Medical Prostatic Retraction Device for the treatment of Benign Prostatic Hyperplasia (BPH) Patients in the office settings. | Medical devices | Israel | Blended finance | Active | Deep dive |
| Cellbox-Solutions GmbH | CELLBOXInnovative transport of “in culture” cell-based materials ensuring product safety, quality and function | Life science tools | Germany | Blended finance | Active | Deep dive |
| Celtic Biotech Ltd | CB24Development of a natural therapeutic treatment for late-stage lung cancer patients | Biopharmaceuticals | Ireland | Grant first | Active | Deep dive |
| Cephalgo | ADAPTEA novel and accurate emotion recognition system for real-time and continuous patient monitoring in psychiatry | Digital health | France | Grant first | Active | Deep dive |
| CONTEXTFLOW GMBH | Scaling generation AI chest CTIntegrated AI-based Clinical Decision Support for Radiologists | Medical devices | Austria | Blended finance | Acquired | Deep dive |
| Convert Pharmaceuticals S.A. | TUMAGNOSTICA disruptive hypoxia activated prodrug for the treatment of resistant cancers: an AI-driven approach | Biopharmaceuticals | Belgium | Blended finance | Active | Deep dive |
| CRYPTO QUANTIQUE LIMITED | QRYPTONQuantum secuRe crYptograPhy to secure IoT devices in deep submicrOn Nodes | Cybersecurity | United Kingdom | Grant only | Insolvent | Deep dive |
| DiogenX SAS | DiogenXBeta-cell recovery to counter diabetes | Biopharmaceuticals | France | Blended finance | Active | Deep dive |
| ENERPOLY AB | EUROZIPEUROZIP: European Zinc-Ion Plant | Energy storage | Sweden | Blended finance | Insolvent | Deep dive |
| Escala Medical LTD | apyxThe first non-surgical repair for Pelvic Organ Prolapse | Medical devices | Israel | Blended finance | Active | Deep dive |
| Excess Engineering AS | Electric Actuator (The missing link)Electrification of heavy machinery | Construction and mining equipment | Norway | Blended finance | Active | Deep dive |
| Finapp srl | finapp cosmic ray neutron sensingScaling up the FINAPP Cosmic Ray Neutron Sensing probe | Environmental monitoring | Italy | Grant first | Active | Deep dive |
| GeneCode AS | KevadBioDeveloping a novel Parkinson's disease drug using small molecule mimetics of Glial cell line-Derived Neurotrophic Factor (GDNF) | Biopharmaceuticals | Estonia | Grant first | Active | Deep dive |
| Genewity B.V. | i-THYMUSThe i-Thymus: wielding the potential of gene therapy, cell therapy and induced pluripotent stem cells for the regeneration of the thymus and the adaptive immune system | Biopharmaceuticals | Netherlands | Grant first | Active | Deep dive |
| Giskard AI (SAS) | GiskardQuality Assurance for AI | Cybersecurity | France | Grant first | Active | Deep dive |
| Greenerwave | GreenerwaveThe first high-performance, low-cost flat panel antenna terminal at Ka band to unlock the full potential of satellite-based broadband communications | Ground segment | France | Blended finance | Active | Deep dive |
| Hooke Bio Ltd | MEra - Micro EraMera - Ethical, accurate drug development | Life science tools | Ireland | Blended finance | Active | Deep dive |
| HPCC System srl | NbyNThe New Generation Needle by Needle Knitting Machine | Industrial equipment | Italy | Grant first | Active | Deep dive |
| Hydrumedical, S.A. | HYDRUSTENTHydrogel Biodegradable Ureteral Stent | Medical devices | Portugal | Blended finance | Active | Deep dive |
| Ligneasy Oy | LignEasyWorlds first sulfuric acid-free kraft lignin recovery system | Bio-based materials | Finland | Grant first | Active | Deep dive |
| LUBIS EDA GmbH | OverSemiOptimisation of a novel software tool for automation of the design & verification process of semiconductor development | Semiconductors | Germany | Grant first | Active | Deep dive |
| Lumi Space Ltd | Lumi SLRRevolutionising space sustainability through precise and scalable Satellite Laser Ranging | Space services | United Kingdom | Grant only | Active | Deep dive |
| Luminate Medical Limited | LILYLILY: A Breakthrough Technology to Prevent Chemotherapy-Induced Hair Loss | Medical devices | Ireland | Blended finance | Active | Deep dive |
| Magneto B.V. | Magnetocaloric heating and coolingDisrupting the cooling and heating industry: a revolutionary green, energy efficient and cost competitive magnetocaloric technology platform | Heating and cooling | Netherlands | Grant first | Active | Deep dive |
| MiMARK Diagnostics, S.L. | WomECReshaping women's health through the understanding of gynecological fluids. WomEC: Antibody-based IVD test based on 5 novel protein biomarkers quantified in liquid biopsy | In vitro diagnostics | Spain | Grant first | Active | Deep dive |
| Molecular Attraction AB | SemioMVCMosquito-specific phagostimulants and pheromones for environment-friendly mosquito vector control | Public health products | Sweden | Blended finance | Active | Deep dive |
| MORPHOTONICS BV | AR-R2PMass Manufacturing Augmented Reality (AR) Waveguides via Roll-to-Plate Nanoimprinting | Photonics | Netherlands | Grant first | Active | Deep dive |
| Mu-G Knowledge Management BV | PATSPATS: Eliminating pesticides! | Controlled environment agriculture | Netherlands | Blended finance | Active | Deep dive |
| NEOGAP Therapeutics AB | NEOpTTLInnovative approach to an Individualised T-Cell Immunotherapy for cancer, using Personalised Tumour Trained Lymphocytes (pTTL) that is reliable, cost-effective, scalable and easy to implement | Biopharmaceuticals | Sweden | Blended finance | Active | Deep dive |
| NeuReality LTD | NR1AI-centric Server on Chip for increasing complexity and scale of AI inference applications, enabling the scale of real-life AI applications. | Semiconductors | Israel | Blended finance | Active | Deep dive |
| Newrotex Limited | The Oxford Nerve ConduitA breakthrough silk-based solution for treatment of peripheral nerve injury | Medical devices | United Kingdom | Grant only | Active | Deep dive |
| Oils4cure S.L. | oils4cureOils4cure: finding an effective drug to alleviate Refractory Epilepsy, one of the most severe symptoms in the pathology of Tuberous Sclerosis | Biopharmaceuticals | Spain | Grant first | Active | Deep dive |
| Orange Quantum Systems Operational BV | HTQC-DiagnosticsHigh-Throughput Quantum Chip Diagnostics | Quantum technology | Netherlands | Grant first | Active | Deep dive |
| PamGene International BV | ROUTINEcanceR agnOstic immUnoTherapy predIctioN blood-tEst | In vitro diagnostics | Netherlands | Blended finance | Active | Deep dive |
| Panntherapi | PANNEXINPannexin 1 – a novel target for pediatric orphan epilepsy | Biopharmaceuticals | France | Grant first | Active | Deep dive |
| PICTERUS AS | Picterus Jaundice mHealth platformBringing newborn care home: An integral mHealth solution for neonatal jaundice management. | Digital health | Norway | Grant first | Active | Deep dive |
| Plenesys | hyplasmaA clean and cost competitive hydrogen production solution near the end user thanks to an innovative plasma methane pyrolysis technology | Hydrogen technologies | France | Blended finance | Active | Deep dive |
| Rehaler A/S | PAREMAPArtial REbreathing for Migraine with Aura | Medical devices | Denmark | Grant first | Closed | Deep dive |
| SGPR.TECH SPOLKA Z OGRANICZONA ODPOWIEDZIALNOSCIA | WIDMO CitiesProviding complete subsurface information of the urban areas | Construction technology | Poland | Blended finance | Active | Deep dive |
| Stentit B.V. | EX-STENTTHE NEXT STENT GENERATION: A FIRST-IN-CLASS REGENERATIVE NANOFIBER STENT TO RECONSTRUCT ARTERIES FROM THE INSIDE OUT | Medical devices | Netherlands | Blended finance | Active | Deep dive |
| SUBRA A/S | SUBRACABLEMaking Superconducting power grids a feasible solution for Europe | Grid infrastructure | Denmark | Grant first | Active | Deep dive |
| THIRONA BV | LungQ-CareFacilitating personalised Lung Treatment Decisions through a Deeptech AI Clinical Decision Support System | Medical devices | Netherlands | Grant first | Active | Deep dive |
| Twinsity GmbH | TwinspectFirst fast and automated (<5 min) AI-based inspection to increase operational safety of large critical infrastructure, e.g., bridges, dams, and oil & gas platforms and refineries | Construction technology | Germany | Blended finance | Closed | Deep dive |
| Wave Photonics Ltd. | Wave PhotonicsThe platform to unleash the transformative potential of integrated photonics | Photonics | United Kingdom | Grant only | Active | Deep dive |
| X-trodes Ltd | S-trodesReliable Medical Grade Home-Based Test for Self-Use for people with Sleep DIsorders | Medical devices | Israel | Blended finance | Active | Deep dive |
| Zero Point Motion Ltd | ZPM IMUZERO POINT MOTION LTD | Sensors | United Kingdom | Grant only | Active | Deep dive |