Outcomes
Signs of scaling after the EIC Accelerator
1332 of 1,332 winners checked
100% covered
We investigate the winners one by one, in the order of the official results tables.
Scaling signals of the 1332 companies checked so far
- Scaling436 (33%)
- Not scaling320 (24%)
- Scaling unclear576 (43%)
- Scaling: Public evidence of growth since the award: more staff, rising revenue, a new funding round, or production or customers at scale
- Not scaling: Evidence of standing still or shrinking: flat or falling staff, losses without a new round, or layoffs
- Scaling unclear: No numbers are public, which is common for 2025 and 2026 awards
Every number on this page counts only the 1332 companies checked so far, not all 1,332 winners. The first companies covered are not a random sample, so read the shares as an early picture.
By cut-off
| cut-off | Checked | Scaling | Not scaling | Scaling unclear |
|---|---|---|---|---|
| January 2019 | 68 | 19(28%) | 25(37%) | 24(35%) |
| April 2019 | 83 | 33(40%) | 22(27%) | 28(34%) |
| June 2019 | 95 | 35(37%) | 38(40%) | 22(23%) |
| October 2019 | 75 | 33(44%) | 26(35%) | 16(21%) |
| January 2020 | 44 | 22(50%) | 12(27%) | 10(23%) |
| March 2020 | 70 | 24(34%) | 30(43%) | 16(23%) |
| May 2020 | 64 | 27(42%) | 28(44%) | 9(14%) |
| October 2020 | 36 | 16(44%) | 13(36%) | 7(19%) |
| June 2021 | 63 | 12(19%) | 9(14%) | 42(67%) |
| October 2021 | 97 | 24(25%) | 34(35%) | 39(40%) |
| March 2022 | 70 | 10(14%) | 26(37%) | 34(49%) |
| June 2022 | 71 | 3(4%) | 18(25%) | 50(70%) |
| October 2022 | 76 | 8(11%) | 14(18%) | 54(71%) |
| January 2023 | 30 | 5(17%) | 4(13%) | 21(70%) |
| March 2023 | 47 | 11(23%) | 5(11%) | 31(66%) |
| June 2023 | 44 | 17(39%) | 6(14%) | 21(48%) |
| November 2023 | 41 | 19(46%) | 4(10%) | 18(44%) |
| March 2024 | 65 | 23(35%) | 4(6%) | 38(58%) |
| October 2024 | 66 | 32(48%) | 1(2%) | 33(50%) |
| March 2025 | 37 | 16(43%) | 0(0%) | 21(57%) |
| October 2025 | 56 | 26(46%) | 1(2%) | 29(52%) |
| May 2026 | 34 | 21(62%) | 0(0%) | 13(38%) |
By country
| country | Checked | Scaling | Not scaling | Scaling unclear |
|---|---|---|---|---|
| France | 176 | 61(35%) | 40(23%) | 75(43%) |
| Germany | 169 | 60(36%) | 29(17%) | 80(47%) |
| Spain | 120 | 39(33%) | 23(19%) | 58(48%) |
| Netherlands | 119 | 52(44%) | 16(13%) | 51(43%) |
| Israel | 91 | 17(19%) | 21(23%) | 53(58%) |
| Sweden | 79 | 26(33%) | 26(33%) | 27(34%) |
| United Kingdom | 72 | 22(31%) | 23(32%) | 27(38%) |
| Finland | 62 | 23(37%) | 19(31%) | 20(32%) |
| Denmark | 61 | 15(25%) | 27(44%) | 19(31%) |
| Ireland | 51 | 12(24%) | 6(12%) | 33(65%) |
| Switzerland | 51 | 24(47%) | 9(18%) | 18(35%) |
| Italy | 50 | 19(38%) | 9(18%) | 22(44%) |
| Belgium | 45 | 12(27%) | 19(42%) | 14(31%) |
| Norway | 37 | 13(35%) | 12(32%) | 12(32%) |
| Austria | 32 | 11(34%) | 6(19%) | 15(47%) |
| Portugal | 25 | 7(28%) | 2(8%) | 16(64%) |
| Poland | 18 | 3(17%) | 9(50%) | 6(33%) |
| Estonia | 13 | 3(23%) | 8(62%) | 2(15%) |
| Iceland | 9 | 2(22%) | 2(22%) | 5(56%) |
| Hungary | 8 | 1(13%) | 5(63%) | 2(25%) |
| Bulgaria | 7 | 1(14%) | 2(29%) | 4(57%) |
| Czechia | 6 | 3(50%) | 0(0%) | 3(50%) |
| Luxembourg | 5 | 3(60%) | 0(0%) | 2(40%) |
| Greece | 4 | 1(25%) | 0(0%) | 3(75%) |
| Slovakia | 4 | 3(75%) | 0(0%) | 1(25%) |
| Slovenia | 4 | 0(0%) | 3(75%) | 1(25%) |
| Romania | 3 | 1(33%) | 2(67%) | 0(0%) |
| Croatia | 2 | 0(0%) | 0(0%) | 2(100%) |
| Latvia | 2 | 0(0%) | 1(50%) | 1(50%) |
| Lithuania | 2 | 1(50%) | 0(0%) | 1(50%) |
| Turkey | 2 | 0(0%) | 0(0%) | 2(100%) |
| Ukraine | 2 | 1(50%) | 1(50%) | 0(0%) |
| Cyprus | 1 | 0(0%) | 0(0%) | 1(100%) |
By funding type
| funding type | Checked | Scaling | Not scaling | Scaling unclear |
|---|---|---|---|---|
| Blended finance | 654 | 226(35%) | 110(17%) | 318(49%) |
| Grant only | 507 | 184(36%) | 168(33%) | 155(31%) |
| Grant first | 167 | 25(15%) | 41(25%) | 101(60%) |
| Equity only | 4 | 1(25%) | 1(25%) | 2(50%) |
The evidence, company by company
Scaling (436)
- ABBELIGHT SASActive
France · October 2019
Staff grew from 15 in 2019 to about 60 in 2026; Series B led by AVANT BIO in January 2026
Spain · January 2020
Raised a €7M round in March 2024 and won €1.89M for its share of the EU PHOENIX trial from June 2026
- ABSOLUT SENSINGActive
France · March 2024
Launched a satellite in January 2025, released a data platform and raised capital in 2026 for a €12M GEN2 plan.
- Acorai ABActive
Sweden · June 2023
Raised $4.5M with the EIC Fund in 2024 and reports a $1M paid pilot in Singapore in 2025.
- Adaptavate LimitedActive
United Kingdom · October 2025
Average staff rose from 10 to 25 between the 2022 and 2025 accounts; a £4M package closed in 2026
- AdapTronics S.r.l.Active
Italy · October 2025
Raised €3.15M in a round led by 360 Capital in November 2025, after a 2023 pre-seed
- ADDIONICS IL LTDActive
Israel · January 2020
Average staff rose from 39 to 58 and a $39.6M Series B arrived, per the 2024 group accounts
- ADDVOLT, S.A.Acquired
Portugal · October 2019
Revenue of €8.94M with 46 staff in 2023; about 60 staff when Carrier bought it in 2025
- ADmit Therapeutics S.L.Active
Spain · March 2020
€5.4M equity round in 2023, then capital increases registered in 2024, 2025 and 2026
- AgroBiogel GmbHActive
Austria · October 2021
CORDIS reports scale-up from a few kg to about one tonne per day; actual output and sales volumes not disclosed
- AgXeed B.V.Active
Netherlands · October 2020
Staff rose from 10 to 58 between the 2021 and 2024 accounts; balance sheet grew from €0.73M to €12.1M
- Aidence Holding B.V.Acquired
Netherlands · March 2020
Its lung nodule AI ran at 15 of 19 NHS lung health check pilots in 2021; RadNet bought it for $45.2M in 2022
- Aiforia Technologies OyjListed
Finland · June 2019
Revenue rose from €1.61M in 2022 to €3.54M in 2025 after a 2021 IPO; H1 2026 revenue fell 46%
- AirForestry ABActive
Sweden · October 2024
Harvested its first trees in a production forest in May 2026 and reports an EIC equity term sheet in September 2026
- Aledia SASActive
France · January 2020
€120M raised in 2023; 218 staff in the 2025 CSR report, against 125 cited in 2020
- Alice & Bob SASActive
France · June 2021
Company reports EUR 180M raised and 250+ staff (Oct 2026); GENCI confirms a purchase, with user access in 2027.
Austria · June 2022
Installed EuroHPC's first quantum computer in Poland in 2025 and joined Amazon Braket; revenue not published
- ALTAROAD SASActive
France · May 2020
EIC Fund and PRO BTP equity from 2021, 32 staff by 2024 and a 2025 combination with Trace
Spain · October 2019
€3M round closed in 2023 with the EIC Fund; a further capital increase was registered in April 2026
- ALVA INDUSTRIES ASActive
Norway · April 2019
Revenue rose from NOK 7.5M in 2023 to NOK 25.0M in 2025, then a €16M equity round closed in July 2026
- Amatera Biosciences SASActive
France · May 2026
Raised a €6M equity seed round in March 2026, four times its €1.5M round of October 2023
- Annaida Technologies SAActive
Switzerland · March 2020
Closed an oversubscribed pre-Series A round led by HEMEX in April 2025, after a CHF 1M seed round in 2020
- ANTOFENOL SASActive
France · October 2019
Revenue rose from €244k in 2020 to €567k in 2024; new equity in 2024 and two capital increases in 2026
- AORTYX SLActive
Spain · October 2021
€13.8M Series A led by Ship2B Ventures and Clave Capital in June 2025 to reach first-in-human
- Apolitical Group LimitedActive
United Kingdom · October 2019
Average staff rose from 26 in 2019 to 47 in 2024, after a peak of 54; cash reached £4.05M at the end of 2024
- ARCHEONActive
France · March 2020
Raised €5.5M in 2022 and €7.5M in October 2026; staff grew from 17 in 2022 to 25 per Vestbee
- arcsec NVActive
Belgium · March 2023
Profitable every year from 2022 to 2025; staff grew from 4.2 to 17.8 FTE and gross margin roughly tripled.
United Kingdom · October 2025
Average staff rose from 7 to 10 and a £4.7m pilot plant was built, per the 2025 accounts
- ArgusEye ABActive
Sweden · October 2025
Staff grew from 3 to 11 between the 2023 and 2025 accounts, and a €3.3M round closed in April 2026
Spain · October 2025
A €14.5M EIC package announced in March 2026, after a €2.8M seed round in October 2023
- ASPIVIX SAActive
Switzerland · April 2019
Company says sold in 19 countries by 2026; crowdfunding raised at least €1.95M in 2025 and €836,285 in 2026
- ATMOS SPACE CARGO GMBHActive
Germany · October 2024
Raised a €25.7M Series A in April 2026 to build three PHOENIX 2 vehicles, with seven missions contracted
Germany · October 2024
Raised a €4.5M pre-seed round in September 2025 led by b2venture; the company names Siemens and Vestas as clients
- AURA AERO SASActive
France · March 2024
Raised a €50M Series B with the EIC Fund, reports €340M total funding and 20 firm ERA orders.
- AURIMOD GmbHActive
Austria · June 2019
Share capital rose from €1.5M to €2.28M after 2022; new shareholders registered in October 2025 and April 2026
- Avelios Medical GmbHActive
Germany · January 2023
€30M Sequoia-led round in 2025; SAP and Fresenius invested in 2026; won Klinikum Stuttgart and Braunschweig tenders.
- AVILOO GmbHActive
Austria · May 2020
€30M round led by Armira Growth in 2026; over 750 clients in more than 30 countries
- AXELERA AI B.V.Active
Netherlands · June 2023
Raised more than $250M in February 2026 and reports deployments with over 600 customers.
- Azalea Vision BVActive
Belgium · May 2026
A €9M first close of its Series A in April 2025; staff rose from 5.4 to 7 FTE in the 2025 accounts
- B4Plastics BVActive
Belgium · May 2020
Staff rose from 7.7 FTE in 2020 to 20.2 in 2025 after a €5.96M round with the EIC Fund in 2022
- Bacteromic sp. z o.o.Active
Poland · June 2019
Parent raised share capital from PLN 8.1M in 2021 to PLN 38.1M in 2026; distribution deals signed in 2026
- Barocal LtdActive
United Kingdom · October 2024
Raised a $10M seed round in May 2026 from World Fund, Breakthrough Energy Discovery, IP Group and others
- Basemark OyActive
Finland · November 2023
Revenue grew from €3.4M in 2022 to €7.7M in 2025 after a €22M Series B in 2024.
- Basquevolt SAActive
Spain · March 2025
Axon Partners and CDTI invested in March 2026; registered share capital reached €15.6M in June 2026
- BeeOdiversity SRLActive
Belgium · June 2022
Staff rose from 7.4 to 17.9 FTE in 2022-2025 and gross margin from €1.02M to €1.75M, with profits each year
- beeOLED GmbHActive
Germany · March 2025
Moved into 1,400 square metres of laboratories in 2025, with about 25 staff reported in late 2024
- Beewise Technologies LtdActive
Israel · January 2020
Raised a $50M Series D in June 2025 and reported 1,240 BeeHomes, against 12 units built in its EU project
- BELKIN LASER LTDAcquired
Israel · October 2021
Voyager DSLT launched in the US (Feb 2025) and select EU markets (Sep 2025); units and milestones undisclosed.
Italy · November 2023
Reports €24M raised in 2024, counting the €10M EIC award, and won trial approvals in the UK, Italy and Belgium.
- Biome Makers Spain SLActive
Spain · October 2019
Raised a $15M Series B in 2021; team grew from 20 at the 2019 application to 50 in April 2026
- BIOPROTECT LTDAcquired
Israel · March 2023
Over 11,000 procedures, about $14.5M revenue in 2025, 130 staff; Olympus agreed to buy it for $270M.
- BiotaTec OÜActive
Estonia · May 2020
Sales rose from €1,100 in 2020 to €337,249 in 2025; staff from 3 to 9 by Q3 2026
- BIOWEGActive
Germany · October 2021
€18M equity and €10.3M EU funding for an Elsdorf plant; up to 10,000 t/year claimed, regional fiche lists 5,050 t/year
- BJS Ceramics GmbHActive
Germany · January 2019
ITP Aero took about 10% in 2023; share capital rose from €120,000 to €157,670 by March 2026.
- Blykalla ABActive
Sweden · October 2024
Raised $50M in December 2025; filed what it calls Sweden's first commercial reactor park application in May 2026
- bNovate Technologies SAActive
Switzerland · January 2019
Raised a CHF 12M Series C led by Emerald in June 2023; company reports 500+ systems by 2026
- BOOT&WORK CORP SLActive
Spain · April 2019
A Zamit Capital fund took a board seat with a capital increase in November 2024.
- BOUND 4 BLUE SLActive
Spain · June 2021
Ships fitted with eSAILs rose from 3 in 2023 to 13 by September 2026
- BREVEL LTDActive
Israel · October 2019
Seed round grew from $8.4M in 2022 to $25M in 2025; a 5,000-litre commercial plant opened in 2024
- Brineworks B.V.Active
Netherlands · October 2024
Opened a 100 tonne-per-year demonstration plant in June 2026 and sold a 500 tonne carbon removal pre-purchase
- BRITE HELLAS SAActive
Greece · May 2020
€8.6M Series A in 2024 and a 150 MW module line in Patras commissioned in February 2025
- BTRY AGActive
Switzerland · May 2026
Raised a $5.7M seed round in November 2025, with the capital increase filed in the register
- Butterfly Medical Ltd.Active
Israel · March 2023
Completed a 244-patient pivotal trial and raised a $21M Series C, including the EIC, in May 2026.
- C2CA TECHNOLOGY BVActive
Netherlands · October 2024
Building a 100,000 tonne-per-year commercial plant with Dura Vermeer and signing partnerships in Finland and Portugal
- CAILABSActive
France · March 2022
Company says over 10 ground stations under contract; €57M financing in 2025 and a factory planned for 50 stations a year
- Carbon Atlantis GmbHActive
Germany · March 2024
Signed a $30.6M Frontier offtake, raised a €14.5M seed and won an €8.2M German federal grant.
- CARTHERAActive
France · March 2020
€42M Series B in 2023 and a 560-patient pivotal trial running at 56 listed sites in 2026
Spain · March 2020
Parent CARTO raised a $61M Series C in December 2021, with the EIC Fund taking part.
Spain · March 2024
Awarded a €20M CBE JU grant with Arkema and Evonik; says its €120M Sines plant has key approvals.
- Celeroton AGActive
Switzerland · January 2019
Staff grew from 38 in 2020 to more than 80 in 2023; share capital raised in 2023 and 2025
- Cellcomb ABActive
Sweden · October 2019
Revenue rose from SEK 107.0M in 2021 to SEK 132.9M in 2025, and it bought Finland's Fatex in 2025
- Cellfion ABActive
Sweden · November 2023
Won a SEK 54M grant for its first production line in 2025 and raised €6.9M with a Japanese partner in 2026.
- Cellugy ApSPivoted
Denmark · May 2020
€4.9M seed round in 2024; average staff rose from 7 in 2021 to 16 in the 2025 accounts
- cellumation GmbHActive
Germany · January 2020
Staff rose from 21 in 2019 to over 70 by 2025; share capital was raised again in 2024 and twice in 2026
- CemGreen ApSActive
Denmark · May 2020
Average staff rose from 1 in 2023 to 9 in 2025, and total assets from DKK 18.1M to DKK 54.4M
- Cercare Medical A/SActive
Denmark · January 2019
Average staff rose from 12 in 2019 to 27 in 2025, and contracted recurring revenue grew 117% in 2025
United Kingdom · January 2019
Average staff grew from 12 in 2019 to 23 in 2025; new equity came in 2023, 2025 and 2026
- CHAINCRAFT BVActive
Netherlands · June 2023
Made its first industrial-scale delivery in December 2025 and is engineering a €100M-plus, 20,000-tonne plant.
Estonia · October 2019
Lixea Sweden staff rose from 2 to 6 in 2022-2024; it won a €21.5M Innovation Fund grant in 2025
Spain · January 2020
2025 revenue of €7M and 100 staff reported in February 2026, after 20 project hires in 2020
- Circu Li-ion S.A.Active
Luxembourg · October 2022
Company-reported certified German facility, carmaker partners and projects, €20M announced in 2026.
- Circular MaterialsActive
Italy · October 2021
€11.8M round with CDP and the EIC Fund; CRMA strategic project; plans 3,000 to 20,000 t/yr capacity
- Circularise B.V.Active
Netherlands · March 2020
€11M Series A in 2022, then strategic stakes from Sekisui (2023) and Teijin (2024) and a Tokyo unit in 2025
Spain · June 2019
Raised €100M (€70M equity, €30M debt) led by Ithaka in April 2026 after an €80M bond issue in 2024
- Clarifruit LtdActive
Israel · October 2019
Raised a $12M Series A in November 2022 and added named customers such as Sun World and Wish Farms by 2026
- Co-reactive GmbHActive
Germany · October 2025
A €6.5M seed round in January 2026, then a 1,000-tonne demonstration plant opened in April 2026
- Cognibotics ABActive
Sweden · May 2026
A SEK 16M CogniCal order and a second Nowaste picking cell, both announced in early 2026
- Colorifix LimitedActive
United Kingdom · April 2019
Staff rose from 19 in 2020 to 92 in 2025; a $18M Series B2 led by Inter IKEA was announced in 2025
- COMPTEK SOLUTIONS OYActive
Finland · October 2021
€8M Series A with the EIC Fund (2023); Kontrox LASE 16 launched 2025; EIC says 2025 trial capacity fully booked
- ConstellR GmbHActive
Germany · March 2022
Two satellites launched in 2025 and a €37M Series A in 2026, which the company says brings total funding to 75 million
Denmark · June 2019
Average full-time staff rose from 19 in 2019 to 46 in 2025; InfraVia injected DKK 15M of equity in 2025
- Corbotics B.V.Active
Netherlands · October 2025
Balance sheet total rose from €0.48M (2022) to €3.17M (2025) per filed accounts; new round in July 2026
- Coroflo LimitedActive
Ireland · April 2019
Raised €2.8M in 2024, doubled its staff within six months and began retail sales in Ireland and the UK in 2026
- CORPOWER OCEAN ABActive
Sweden · October 2024
Closed a €53M B round, won €70M of other EU funding in 2025 and reports 110 staff with C5 in manufacturing
- Cortirio LimitedActive
United Kingdom · October 2025
Average staff rose from 4 to 9 between the 2022 and 2025 filed accounts
- CREAL SAActive
Switzerland · October 2019
Closed an $8.9M equity round led by ZEISS in July 2025, taking total funding past $32M
- creapaper GmbHActive
Germany · October 2020
Closed a €20M Series B in October 2021 led by Ranpak, with €3M from the EIC Fund
- CRISTALENS INDUSTRIEActive
France · March 2020
Revenue doubled from €9.01M in 2020 to €18.32M in 2024 in the filed accounts
- CroiValve LimitedActive
Ireland · April 2019
Series B grew from $16M in 2024 to $36M in June 2026, with BGF and the EIC as new investors.
- Cubbit SrlPivoted
Italy · April 2019
Revenue rose from €428,809 in 2022 to €1,367,189 in 2024; it raised $12.5M in July 2024.
- Culinar OyAcquired
Finland · June 2019
$20M Series A in 2020; Finnish entity revenue rose from €1.5M in 2020 to €7.51M in 2023
- CurifyLabs OyActive
Finland · January 2023
Revenue rose from €0.16M in 2023 to €1.19M in 2025; used in 21 US states; $14M Series A in July 2026.
- CYBERRIDGE LTDActive
Israel · October 2024
Came out of stealth in October 2025 with $26M raised and reported field tests in Italy and Singapore
- D-CRBN BVActive
Belgium · November 2023
Raised a €17.5M Series A in May 2026; staff grew from 1.1 in 2022 to 7.8 in 2025.
- D-ORBIT SPAActive
Italy · June 2023
Raised a $53M Series D in January 2026 and holds a €119.6M ESA contract for its GEA servicing vehicle.
- Daedalean AGAcquired
Switzerland · October 2019
CHF 53M round in January 2022; staff grew from over 50 in 2022 to over 150 by 2024
- Dalan Bio SLActive
Spain · October 2025
US parent Dalan Animal Health closed a $3M SAFE seed round in November 2025
- Daphne Technology SAPivoted
Switzerland · October 2019
CHF 15M round led by Taranis in April 2026, after a US DOE grant of about $6M in January 2025
Netherlands · October 2021
200 thrusters on 50+ satellites; group revenue over $15M; $25M Series B in June 2026
- DAZETECHNOLOGY S.R.L.Pivoted
Italy · October 2020
Revenue rose from €0.51M in 2020 to €6.0M in 2025, with a €15M Series A in 2024
- DeepDrive GmbHActive
Germany · October 2025
Announced a large-series supplier nomination from an unnamed global carmaker in October 2026, with production from 2028
- Deftpower B.V.Active
Netherlands · June 2023
Reported 1.84 million onboarded drivers to the EIC and raised €12.5M in 2025.
- Delft Circuits B.V.Active
Netherlands · October 2019
€8M Series A extension in December 2025 took total capital raised to €15M
- Delmic B.V.Active
Netherlands · June 2019
€4M round from Value Creation Capital and the EIC Fund in 2023; €1.54M EIC Transition share in 2026
- DENEB MEDICAL SLActive
Spain · April 2019
Closed a €14.7M equity round in September 2026, with €7.2M from the Spanish state's SETT.
- Deployables Cubed GmbHActive
Germany · March 2024
Closed an oversubscribed Series A in 2024, opened a US office and won a 2 kW array order from Intuitive Machines.
- DePoly SAActive
Switzerland · October 2025
Seed round reached $23M in April 2025 and a 500-tonne showcase plant opened in July 2026
- DiaMonTech AGActive
Germany · May 2026
Closed a €12M round in September 2025, per the company, about €8M of it from Companisto investors
- DIAPATH SPAAcquired
Italy · October 2019
Revenue rose from €18.1M in 2019 to €36.4M in 2025, and staff reached 153 in the 2025 accounts
- Didimo, S.A.Active
Portugal · April 2019
Raised a $7.15M Series A led by Armilar in October 2022, a year after the EIC project ended.
- DigiFarmAcquired
Norway · October 2021
60+ enterprise clients in 30+ countries; 750M hectares processed; 2024 revenue NOK 21.4M
- DRACULA TECHNOLOGIESActive
France · March 2022
Factory opened, €30M Series A completed in 2025 and a multi-year order for several hundred thousand modules a year
- DyeMansion GmbHActive
Germany · May 2020
Revenue rose from €9.9M in 2022 to €11.4M in 2023; average staff from 76 to 83
- Dynatrace Czech Republic s.r.o.Acquired
Czechia · April 2019
Average staff rose from 4.67 in 2019 to 32 in the 15 months to March 2025, per the Czech filed accounts
- DynelectroActive
Denmark · June 2023
Staff rose from 10 in 2023 to 23 in 2025; first 250 kW unit delivered to a customer in 2026.
- EBAMed SAActive
Switzerland · January 2020
€14.35M Series A in June 2023, extended to €16M in January 2025, with the EIC Fund among investors
- ECO-TECH CERAMActive
France · June 2019
Closed a €16M Series B in 2025 and bought the Albi boilermaker DIVINA in 2026
- ECOATActive
France · June 2019
Announced €10M in 2023 and €21M in 2025 (€18M equity, debt pending) to expand binder production
- ECOP TECHNOLOGIES GMBHActive
Austria · March 2024
Raised €10.5M led by KSB with the EIC Fund in 2025 and won Innovation Fund support for a 100-unit-a-year factory.
- eightinks AGActive
Switzerland · May 2026
A 2026 capital increase created seed preferred shares and converted CHF 5.25M of claims, per the register
- eleQtron GmbHActive
Germany · October 2024
Raised a €57M Series A in May 2026 and reported over €54M of signed orders and more than 100 staff
- ELICIT PLANTActive
France · October 2022
Revenue rose from €106k in 2021 to €2.27M in 2023, followed by a $48M Series B and US launch
- Eligo Bioscience SAActive
France · January 2019
Series B of $30M in 2023, expanded to $35M, plus a $5M French state grant in 2025
- ELIXIR AIRCRAFTActive
France · April 2019
Raised €45M in July 2026; staff grew from 32 in 2021 to nearly 250 in 2026
- Elmery OyActive
Finland · May 2026
Staff rose from 2 to 12 and revenue from €93,000 to €323,000 between 2022 and 2025, per Asiakastieto
- ELMINDA LTDListed
Israel · January 2019
Listed on Nasdaq in 2024; 2025 revenue $1.14M against $108k in 2024, mostly from buying Evoke Neuroscience
- embotech AGPivoted
Switzerland · April 2019
CHF 23.5M Series B in December 2024; over 2,500 vehicles moved daily per a July 2026 release
- ENAIRON ABActive
Sweden · October 2024
The EIC Fund joined a SEK 45M round led by Turbine Capital in May 2026, after verification at a Stora Enso paper mill
- EnduroSat ADActive
Bulgaria · October 2024
Raised $205M in September 2026; 2025 revenue reported at €34M to €35M, up more than 55%
Germany · October 2019
Grid unit spun off in 2021 with E.ON and N-ERGIE as customers; Implisense lists 46 staff there for 2024
- Energy Dome SPAActive
Italy · October 2022
Full-scale 200 MWh plant since 2025; Google partnership; projects planned in US, India, Australia.
- Energy Robotics GmbHActive
Germany · October 2022
Over one million inspections for Shell, BP, BASF and others and a $13.5M Series A in 2025, per the company
- ENERGYNEST ASActive
Norway · January 2019
Paid-in equity rose from NOK 167M to NOK 354M in 2023 to 2025; storage orders grew from 5 MWh to 40 MWh by 2026
- enGenome srlActive
Italy · June 2021
Account summaries report revenue growth from €863,600 in 2023 to €3,719,050 in 2025, with profits in 2023–2025
Austria · April 2019
Raised €6M in 2022 and a further round in 2024; won a contract for nearly 300 US turbines in 2026.
Iceland · October 2019
Raised a €20M Series A in 2021; team grew from 9 permanent staff to 31 people by January 2024.
- Epishine ABActive
Sweden · April 2019
Staff rose from 20 in 2020 to 41 in 2024; SEK 69M raised in May 2024 and an own factory opened in 2023
- EPSE OyActive
Finland · January 2019
Revenue rose from €354,000 in the year to June 2021 to €5.96M in 2024 and €4.79M in 2025, both profitable
- Evologic Technologies GmbHPivoted
Austria · June 2019
Staff grew from 6 to 36 between the 2019 and 2025 accounts, after a €2.5M round in 2021
- EXELIOM BIOSCIENCESPivoted
France · March 2020
Raised €8M in 2023 and €2.85M in 2025 and moved EXL01 into four oncology Phase 2 trials from 2024
Spain · October 2020
Fourth strategic round closed in September 2026; staff passed 40 by 2023 per its CORDIS report
- Falqon Systems B.V.Active
Netherlands · March 2025
Raised a €2.5M seed round in 2024 and signed a €2.49M EIC grant in 2025; networks in at least three countries
- Faron Pharmaceuticals OyActive
Finland · March 2020
Raised €40.1M in an April 2026 rights issue to fund a randomised Phase 2b trial
Germany · November 2023
Raised €100M in November 2025 and hired a string of senior semiconductor executives in 2026.
- Finapp srlActive
Italy · March 2023
Raised an €8.64M Series A in 2025; revenue up 73% to €1.64M in 2025; 750 probes in 25+ countries.
- FluoRok LimitedActive
United Kingdom · May 2026
Average staff rose from 3 to 15 between the 2023 and 2025 accounts; a £7.7M round closed in 2024
- Fotokite AGActive
Switzerland · June 2019
CHF 13.7M Series B in 2022, a CHF 10M round in 2024 and 1,000 units deployed by April 2026
- Frenetic Electronics SLActive
Spain · January 2020
€4.5M round in 2021 and €11.2M Series A led by Kibo Ventures in November 2023
- FUTTEC a.s.Active
Czechia · April 2019
Parent sales rose from CZK 0.98M in 2019 to CZK 43.3M in 2025; average staff rose from 6 to 13 in 2025.
- FUTURE TECHNOLOGY ASAcquired
Norway · April 2019
Staff rose from 32 in 2019 to 72 in 2026; revenue grew from NOK 89.4M (2023) to NOK 119.1M (2025)
- FYCH TECHNOLOGIES SLActive
Spain · March 2024
Closed a €4M Series A co-led by Lombard Odier and the EIC Fund and opened a 5,000 m² industrial plant in 2026.
- FYTEKO SAActive
Belgium · January 2020
€13M Series B in 2025; average staff rose from 8.7 to 15.7 FTE between the 2021 and 2025 accounts
Austria · May 2026
A €10M round reported in October 2025, and staff reported at 22 in 2025 and 27 in March 2026
- GENAQ TECHNOLOGIES SLActive
Spain · June 2019
Share capital raised from €280,000 to €1.951M in 2025; 2024 sales in the €1M to €2.5M band
- Glasport Bio LimitedActive
Ireland · May 2020
Revenue of £264,000 in the first half of 2026 against nil a year earlier, after a €5.7M investment in 2025
- Glassomer GmbHActive
Germany · October 2020
Grew from a few founders to around 20 staff and three large moulding machines by 2025
Spain · October 2024
Completed a $20M Series A in January 2026 backed by NYK Line and Stolt Ventures to scale across ports
- Golden Devices GmbHActive
Germany · November 2023
Grew to 23 staff without outside investors and produces series of up to 12,000 parts.
- Graphext Labs SLActive
Spain · April 2019
Raised a $4.6M seed round led by Hoxton Ventures in June 2023
- Gravity Sketch LimitedActive
United Kingdom · March 2020
Turnover rose from $0.89M in 2021 to $6.60M in 2024 in the group accounts
- GreenerwaveActive
France · March 2023
€15M Series A in 2024, Airbus contracts, and a DGA framework worth up to €120M in 2026.
- Groove Quantum B.V.Active
Netherlands · March 2025
Announced a €10M equity seed round and €6M of grants in April 2026
- GUIDETTI SRLActive
Italy · January 2019
Revenue rose from €13.5M in 2019 to €14.5M in 2025, with a profit in every year
- Hamlet BioPharma ABActive
Sweden · January 2020
Raised about SEK 64M in 2025 and 2026 and started a Phase III trial of Alpha1H in September 2026
- Heart Aerospace ABActive
Sweden · May 2020
Raised a $107M Series B in 2024 and $40M more in 2025; flew its X1 demonstrator in August 2026
- Heyday Integrated Circuits SASAcquired
France · May 2020
Sold to Allegro for $20.2M in 2022; Allegro launched Power-Thru drivers built on it in 2023 and 2024.
- Hummink SASActive
France · October 2024
Raised a €15M Series A with the EIC Fund in November 2025 and planned to double its workforce by 2026
- Hydrogen Onsite, S.L.Active
Spain · March 2025
A second Series B close in June 2026 took the round above €42M, with the EIC Fund joining
Germany · June 2019
Staff grew from 20 at the 2019 EIC project start to more than 100 in 2026; over €50M equity raised in September 2026
- Hyperion Robotics OyActive
Finland · March 2024
Raised $7.4M co-led by the EIC Fund in July 2026; revenue grew from €50k in FY2023 to €504k in FY2025.
- Ignion SLActive
Spain · March 2022
Company reports 50% revenue growth and doubled shipments in 2024; devices using its parts rose from 25M to 60M+
- Iktos SAActive
France · October 2024
Signed a multi-target Servier collaboration with a potential value above €1B in January 2026
- Illusive Networks LtdAcquired
Israel · June 2019
Raised a $24M Series B1 in October 2020 and reported 228% growth in new annual recurring revenue
- IMPLICITYActive
France · March 2024
Raised a $40M growth round in September 2026 and reports over 250 medical centres and 120,000 patients monitored.
- INBIOLEV SLActive
Spain · June 2019
Winery clients grew from over 100 in 2021 to 170 in 2024, when two funds bought 25%
- inBiome B.V.Active
Netherlands · January 2023
IVDR-certified test being implemented in European hospital labs; $16M Series A co-led by NATO Innovation Fund, 2026.
- INERATEC GmbHActive
Germany · October 2020
Staff rose from 47 FTE to 132 on average by 2023; a Series B led by Piva Capital closed in January 2024
- INNATERA NANOSYSTEMS BVActive
Netherlands · January 2023
Launched Pulsar commercially in May 2025 after a $21M Series A; began work with ODM Joya by December 2025.
- Innomar ASActive
Norway · May 2020
Revenue rose from NOK 2.4M in 2023 to NOK 6.6M in 2025, backed by new equity in 2024 and 2025
- Insort GmbHActive
Austria · April 2019
Alder bought a majority in 2023 and Insort bought TriVision in 2025; staff went from 30 in 2018 to a 51 to 100 band
- Invoier ABActive
Sweden · October 2019
Net sales rose from SEK 6.3M in 2023 to SEK 14.5M in 2025 in the filed accounts
- Involve Space S.r.l.Active
Italy · October 2025
Team grew to 19 with five hires after CASSINI, per EUSPA in 2025; first US office opened in 2026
- ION-XActive
France · November 2023
Raised a €13M Series A with the EIC Fund in December 2024 and flew its first thruster in 2025.
Spain · October 2025
Raised a €15M seed round led by Amadeus Capital Partners in September 2026
Spain · October 2024
Raised a $125M Series B in September 2026 co-led by Maverick Silicon and Light Street Capital, with Nvidia
- IQM FINLAND OYListed
Finland · March 2020
Revenue rose from €16.4M in 2024 to €31.3M in 2025; listed on Nasdaq in July 2026 with over 400 staff.
- IRUBIS GmbHActive
Germany · January 2020
€2.8M seed in 2022, a pre-Series A in 2024 and €1.05M crowdfunded in 2026; team of 10 in 2020, 17 in 2026
- IXI Eyewear OyActive
Finland · October 2024
Raised a Series A led by Plural in April 2025, bringing total funding to $36.5M
- KAROS MOBILITYActive
France · January 2020
€17M round in November 2023; Karos France reported €13.59M revenue in 2023, against €2.8M for Karos in 2020
Ireland · March 2020
Raised a €5.65M Series A in June 2021; FuturaSun put its glass into a module line in 2026
- KAYRROSAcquired
France · June 2019
Raised €40M in March 2022, taking total funding to €72M; 50 to 99 staff in the 2024 register
- KEYOU GmbHActive
Germany · January 2020
First part of a Series B led by DILO closed in June 2024 with a double-digit million euro sum.
- KIUTRA GMBHActive
Germany · March 2020
Raised a €13M round in 2025, bringing total funding above €30M, with systems deployed worldwide.
- Lactips SAActive
France · June 2021
EUR 16M raised in 2024; named applications and a 2026 SmartSolve partnership; sales growth unquantified.
- Laki Power ehf.Active
Iceland · October 2020
€6M Series A led by the NATO Innovation Fund in September 2026
- LATTICE MEDICALActive
France · October 2021
€43M Series B package (Oct 2025) incl. bank and France 2030 funding; capacity target 1,500 implants/year
- LEKATECH OYAcquired
Finland · October 2021
Bought by Normet (€484M 2023 sales) in 2024; Toras 35 in customer production use in 2026
- LenioBio GmbHActive
Germany · June 2019
€11.5M Series A extension in 2021 and capital increases in 2024 and 2026, per the register
- Leyden Laboratories BVActive
Netherlands · October 2024
Raised €40M in June 2026 with EIC Fund equity through STEP Scale Up, after €20M of EIB financing
Netherlands · January 2019
Closed a €43M capital raise in January 2026; anode roll production began at PlantOne in 2026
- LIGENTEC SAActive
Switzerland · January 2020
More than 80 staff and 50% average yearly growth, as reported by Bits&Chips in December 2025
- LiveEO GmbHActive
Germany · March 2022
About 130 staff and €25M Series B in 2024, then a €28M+ round with the EIC in 2026
Austria · May 2020
Staff grew from 20 in 2022 to 25 in 2025 after a €6M Series A in September 2022
- Look Up SpaceActive
France · November 2023
Announced ~€50M financing in 2025 incl. €24M equity, brought its first radar online, won a CNES data contract.
- Lotus Microsystems ApSActive
Denmark · October 2021
DKK 60M round with the EIC (Dec 2023); Q3 2026 samples announced; shipment unconfirmed as of 2 November
- LUMA Vision LimitedActive
Ireland · March 2020
Raised a $22M Series A3 in December 2023 and won three FDA 510(k) clearances in 2025 and 2026
- LUMICKS B.V.Active
Netherlands · March 2020
Group turnover rose from €17.9M in 2022 to €23.5M in 2024; €20M EIB venture debt in 2024
- Luminate Medical LimitedActive
Ireland · March 2023
Raised $15M in 2024 and $21M in 2026, over $50M in total, for US expansion.
- Lumo Analytics OyAcquired
Finland · October 2024
Revenue grew from €72k in 2021 to €1.3M in 2024; staff from 2 to 21 by 2025
Germany · November 2023
Raised a €3M seed round in 2025, had 34 staff and issued new shares again in April 2026.
Spain · November 2023
Raised an €8M Series A with the EIC Fund in 2025 and reports multi-million euro sales in several continents.
- Lymphatica Medtech SAUnknown
Switzerland · April 2019
Raised a €17.9M Series B in October 2024 and opened an Italian subsidiary for manufacturing and trials.
- Magics Technologies NVActive
Belgium · October 2025
Raised €9.7M in 2025; equity rose from €3.98M to €11.05M in the 2025 accounts
- Maintastic GmbHPivoted
Germany · April 2019
Staff rose from 25 at the 2019 EIC application to over 60 in 2026, with no outside investors, the company says
United Kingdom · May 2026
Average staff rose from 5 to 10 between the 2024 and 2025 filed accounts, after a 2024 seed round
- Marvel Fusion GmbHActive
Germany · March 2024
Extended its Series B to €113M in 2025 with the EIC Fund, EQT Ventures and Siemens Energy, for €385M total funding.
- MAZEMAP ASActive
Norway · April 2019
Revenue rose from NOK 34.9M in 2020 to NOK 53.0M in 2025, and it bought Thing Technologies in 2025 or 2026
- MBRYONICS LIMITEDActive
Ireland · November 2023
Picked for ESA HydRON in-orbit tests in 2026; building a 40,000 sq ft factory it says will make thousands of terminals.
- MedicQuant ApSActive
Denmark · May 2026
Raised a DKK 22 million seed round led by Delphinus Venture Capital in 2026
- MedTrace Pharma A/SActive
Denmark · March 2020
Average staff rose from 5 in 2020 to 31 in 2025, funded by equity rounds in 2021, 2023 and 2025.
- MELT&MARBLE ABActive
Sweden · March 2024
Raised a €7.3M Series A with the EIC Fund, Beiersdorf and Valio, and launched its first product in 2026.
- MEMED DIAGNOSTICS LTDActive
Israel · June 2019
$93M Series E in January 2022; per the company, more than 150 sites and 100,000 patients tested by June 2025
- Mesoline B.V.Acquired
Netherlands · June 2019
Bought by Aalberts in July 2021, then built a 1,400 m2 ISO-7 cleanroom plant in Rotterdam
- MicroAlign B.V.Active
Netherlands · October 2025
Seed of €1M in 2024, €350K in 2025 and an EIC grant with equity in 2026; 20 staff by March 2026
Poland · May 2026
Raised a venture round led by Balnord in September 2025; 2025 net sales rose to PLN 3.48M from PLN 1.61M
- MicroSure BVActive
Netherlands · June 2021
EUR38M Series B2 (Oct 2023) with EIC Fund participation (share undisclosed); MUSA-3 CE mark in May 2026
- Millow ABActive
Sweden · November 2023
Commissioned a 2,500 m² factory in 2025, planned foodservice entry for 2026, raised €2M in August 2026.
- Mimbly ABActive
Sweden · May 2020
Staff rose from 4 to 14 between the 2019/20 and 2024 accounts; a $3.46M round followed in 2025
- MindPeak GmbHActive
Germany · March 2020
$15.3M Series A in 2024 with the EIC Fund; Leica Biosystems and Epredia resale deals in 2026
- MIRO Analytical AGAcquired
Switzerland · October 2019
Staff grew from 2 founders in 2018 to 8 in 2022; about $2.5M revenue expected for 2023
- MITIGA SOLUTIONS SLActive
Spain · April 2019
Staff grew from 30 in May 2023 to 65 in 2026; €8M Series A extension in June 2024
- Mitra Bio LimitedActive
United Kingdom · March 2025
Average staff grew from 6 to 12 between the 2025 and 2026 filed accounts
- Modvion ABActive
Sweden · March 2020
Average staff rose from 6 in 2020 to 33 in 2025; up to €39.1M Innovation Fund grant signed in 2026
- MOF TECHNOLOGIES LIMITEDActive
United Kingdom · October 2024
Its unit went live at enfinium's Ferrybridge plant in 2025 and a 10,000 tonne unit with IDEX was agreed in 2026
- MORPHOTONICS BVActive
Netherlands · March 2023
Company says revenue tripled in 2025; closed a €40M+ Series B in September 2026 with the EIC Fund and Invest-NL.
- MOTEG GmbHAcquired
Germany · May 2020
MOTEG reported almost €4M revenue for 2022, its fourth doubling in a row, and 80+ customers by Q4 2023
Netherlands · March 2023
Company says it is used by hundreds of growers in 25+ countries; raised a €2.7M seed round in September 2025.
- MultiplexDX, s.r.o.Active
Slovakia · October 2019
€8.12M from investors and €5.6M in Recovery Plan grants announced in March 2025
- Multiverse Computing SLActive
Spain · October 2021
€189M Series B in 2025; Series C of up to €500M at €1.5B pre-money in 2026; 100+ customers
- MUMILK SASActive
France · May 2026
Reported 50-litre bioreactors and was selected for €3.7M of France 2030 funding in 2026
- N-FIX NVActive
Belgium · June 2023
Series A in 2026, a €6M plant for 300 t a year from late 2027, and a Bayer feasibility study.
- Nabrawind Technologies SLAcquired
Spain · June 2019
Staff grew from 12 to 53 over Sodena's 2016 to 2025 stake; 17 towers supplied to a Fortescue wind farm by 2026
- NaDeNo Nanoscience ASActive
Norway · October 2025
Wage costs rose from NOK 3.5M in 2023 to NOK 7.5M in 2025 in the filed accounts
- NanoFlex Robotics AGActive
Switzerland · May 2026
Capital increases in 2025 and 2026 and €10M of EIC Fund equity announced in June 2026
- Nanogence SAActive
Switzerland · May 2020
Series A led by CirCap with the EIC Fund in October 2023; capital increases registered in 2025 and 2026
- NANOLIKE SASActive
France · October 2019
Holcim took a stake of about 20% in 2023 and share capital rose again in March 2025.
- NanoPhoria srlActive
Italy · October 2024
Raised an €83.5M Series A in October 2025, including €15M of EIC Fund equity confirmed in January 2026
- Nature Robots GmbHActive
Germany · October 2024
Raised a €4M seed round in March 2026 to grow the team and open a Munich office
- NCODIN SASActive
France · October 2025
Announced a €16M seed round in November 2025, after a €3.5M round in May 2024
Netherlands · March 2024
Raised $380M at a $1.6B valuation in 2026; it says QUADRA runs in a high-volume fab and won repeat orders.
- NETRIS PHARMA SASActive
France · October 2021
€24.4M Series A with the EIC Fund; €7.248M EU contribution to a randomized Phase 2b project in 2026
- NeuralTrust SLActive
Spain · March 2025
Announced a $20M seed round led by Alstin Capital in June 2026; capital increases entered in July 2026
- Nextkidney B.VActive
Netherlands · October 2024
Reports more than 500 treatments in four European centres and €40.1M raised, with a launch targeted for 2027
- NexWafe GmbHActive
Germany · October 2020
Average staff rose from 34 to 55 between the 2021 and 2023 accounts; €30M raised in 2023
- NICO-LAB BVActive
Netherlands · October 2022
150+ hospitals deployed and 30 more contracted in 12 countries; 70,000+ suspected stroke patients in 2025.
- NIL Technology ApSAcquired
Denmark · October 2019
Raised €26M in 2021 with the EIC Fund and €29M in 2024, then was sold to Radiant Opto-Electronics in 2025
- NitroCapt ABActive
Sweden · October 2025
Revenue rose from SEK 5.7M in 2023 to SEK 34.6M in 2025 per the filed accounts summary
- NORAKERPivoted
France · June 2019
Revenue rose from €1.89M in 2019 to €4.74M in 2023 in its filed accounts, with a profit each year.
Norway · June 2019
Equity rose from NOK 3.49M to NOK 20.56M in 2024 after a share issue; wage costs nearly tripled by 2025
- Novatron Fusion Group ABActive
Sweden · May 2026
Average staff rose from 24 in 2023 to 67 in 2025, per the filed accounts
- Novobiom NVActive
Belgium · October 2024
Raised a €2M seed round in 2024; total assets grew from €0.61M in 2022 to €3.92M in 2025
- NOVOLYZEActive
France · October 2019
Raised a $15M Series A led by WAVE Equity Partners with the EIC in March 2022
Ireland · October 2020
Staff grew from 3 to 16 during the EIC project; a €4.6M equity round closed in January 2025
- Nurami Medical LtdActive
Israel · March 2024
Nurami says the EIC Fund led its Series B in June 2025; FDA-cleared ArtiFascia began preliminary US sales in 2025.
- Nüwiel GmbHActive
Germany · October 2019
Series A in 2025 lifted share capital from €52,727 to €215,910; fleet grew from 150 (2021) to 800+
- OctaveActive
Belgium · March 2022
€16M revenue in 2025, 200+ MWh installed for 400+ businesses and a €10M Series A in 2026, per company
- Odd.Bot B.V.Active
Netherlands · October 2022
16 Maverick robots sold out for 2025; sales in NL, BE, DE and FR; 2027 reservations open.
- Omegga GmbHActive
Germany · November 2023
Announced a €10M seed round in April 2026 led by IQ Capital and Capnamic, with the EIC Fund participating.
- Omnix Medical LtdActive
Israel · October 2020
Raised a $25M Series C in October 2025 and won a €7.92M Horizon Europe consortium grant in 2026
Hungary · June 2019
Total income rose from HUF 129.9M in 2023 to HUF 200.7M in 2025, per filed accounts.
- Oncomatryx Biopharma SAActive
Spain · March 2025
Closed a capital increase of about €58M in March 2026, after a €25M round in January 2025
- Onego Bio LtdActive
Finland · March 2024
Raised $70.8M by 2024, got an FDA GRAS no-questions letter in 2025 and signed US food partners in 2026.
- Oneio Cloud OyActive
Finland · June 2019
Revenue rose from €3.27M in 2021 to €6.15M in 2025; €8M growth round in September 2025
- Onera B.V.Active
Netherlands · March 2020
€30M Series C in January 2024; staff rose from 36 in 2022 to 45 in 2024 per filed accounts
- ONIO ASActive
Norway · May 2020
€5M Series A in June 2025; equity rose to NOK 86.3M in the 2025 accounts
- OPENNEBULA SYSTEMS SLActive
Spain · June 2019
The company reported 200% team growth and over 50% higher commercial revenue in 2024.
Portugal · October 2019
Series A of $6.5M in 2023 listed by VCBacked; two capital increases registered in February 2026
- OQ TECHNOLOGY SarlActive
Luxembourg · October 2024
Secured €25M of EIB venture debt in February 2026 for 22 satellites and launched ERMIS-1 and ERMIS-2 in March 2026
Netherlands · March 2023
Launched OrangeQS MAX and closed a €15M seed round with EIC Fund equity in 2026; IQM and Rigetti are partners.
- Orbem GmbHActive
Germany · June 2021
€55.5M Series B in January 2026 and first US installation in July 2026
- Orbisk BVActive
Netherlands · June 2021
€8M+ Series A in December 2024; 1,000+ kitchens in 40+ countries, per the December 2024 Series A release
- Ore EnergyActive
Netherlands · March 2024
Raised a $43M (€38M) Series A in August 2026 and signed a 1 GWh storage agreement with Budget Thuis.
- OSIVAX SASActive
France · March 2020
€10M Series B first close and a $19.5M BARDA award in 2025, then a Phase 2b trial of 2,850 people
- OTECHOS ASActive
Norway · May 2020
Sales rose from NOK 9.4M in 2023 to NOK 19.2M in 2025, with a NOK 3.86M net profit in 2025
- OUTSIGHTPivoted
France · May 2020
€22M round in 2022, staff from 30 in 2019 to 50 to 99 in 2024, and a $17.2M Dallas Fort Worth contract in 2025
United Kingdom · January 2019
Raised an £8M Series A+ in 2024; average staff rose from 6 to 9 in the year to September 2025
- Oxyle AGPivoted
Switzerland · October 2020
$16M seed round in January 2025; staff grew from 17 in 2022 to 26 in 2025
- PACE Telematics GmbHAcquired
Germany · April 2019
Payment network grew from over 700 stations in early 2021 to over 12,000 in 18 countries by October 2025
- PamGene International BVActive
Netherlands · March 2023
Raised a €13M Series A with the EIC Fund in April 2026; published a 210-patient prospective validation.
- PASQALListed
France · October 2020
Revenue rose from €3.5M in 2024 to €16.5M in 2025; staff grew from about 100 in 2023 to about 300 in 2026
- PathKeeper Surgical LtdActive
Israel · October 2019
Raised several million dollars in November 2025 after signing a US distributor in September 2025.
- Perfuze LimitedActive
Ireland · April 2019
Raised €22M in March 2025 and won FDA clearance for Millipede88 in March 2026
- PHARMACELERA SLActive
Spain · January 2020
Raised a €6M round led by Heran Partners in February 2026; 2022 revenue rose 70.6% to €380K.
- Phaseform GmbHActive
Germany · March 2024
Added distributors in the US and Canada, Japan, South Korea, China and the UK, and raised capital twice in 2025.
- Pibond OyActive
Finland · January 2023
Revenue rose from €2.6M in 2023 to €7.7M in 2025, with a €3.6M operating profit and 61 staff.
- PICADVANCED, SAActive
Portugal · June 2023
Website lists 13th place in a Deloitte Fast 50 ranking for 2024 and SME Growth status for 2025-2026.
- Pilot Photonics LimitedActive
Ireland · June 2019
Selected in 2026 for up to €10.4M of EIC blended funding after a €2.48M EIC Transition grant in 2024
- Pixel Photonics GmbHActive
Germany · October 2025
A €5M seed first closing in April 2026, after HTGF put staff above 35 in July 2025
- Pixelgen Technologies ABActive
Sweden · March 2025
Staff rose from 21 to 31 in the 2023 to 2025 accounts; a $15.5M Series B closed in August 2026
- Planeteers GmbHActive
Germany · May 2026
Carmeuse Ventures joined the seed round in December 2025; a first production unit opened in Hetlingen in early 2026
- PLANKTONIC ASActive
Norway · January 2019
Sales revenue rose from NOK 16.0M in 2019 to NOK 34.2M in 2025; NOK 30M round in August 2025
- PLANQC GMBHActive
Germany · May 2026
Raised a €50M Series A in 2024 and was selected in 2026 for Germany's €640M quantum computing competition
- Plantics Holding B.V.Active
Netherlands · April 2019
Holding equity rose from minus €0.73M in 2022 to €8.56M in 2025 after equity rounds in 2024 and 2025
- PlasmaCure B.V.Active
Netherlands · January 2020
Raised a €6M Series A led by Venture Medical in July 2025, with US approval funding on top
Spain · June 2019
Raised a €4M round in 2022; repair plants grew from 4 in 2022 to 6 listed in 2026.
- Point Plastic S.r.l.Active
Italy · October 2019
Revenue rose from €8.98M in 2023 to €12.0M in 2025, per filed accounts reported by Atoka
- Positrigo AGActive
Switzerland · January 2020
CHF 7M round led by HealthCap in June 2025; named buyers in the US, Germany and Italy from 2025
Slovakia · November 2023
FDA De Novo in 2026, selected for €40M+ IPCEI funding in 2025, reports 120,000+ heart attacks detected in 2025.
- Precordior OyActive
Finland · January 2020
Revenue rose from €228k in 2021 to €1.74M in 2025, and a $10M Series A closed in January 2024
Ukraine · May 2020
Revenue rose from UAH 316,800 in 2024 to UAH 8.58M in 2025, and a Ukrainian venture fund bought 10.01% in 2026
- PROMETHEAN PARTICLES LTDActive
United Kingdom · June 2023
Raised £8M in 2024, shipped a four-tonne MOF order in 2025 and grew from 11 to 22 staff.
Poland · March 2025
Raised a venture round from Radix Ventures in November 2025, after the July 2025 EIC financing
- Proxima Fusion GmbHActive
Germany · March 2024
Raised a €130M Series A in 2025 and €411M in July 2026; the company says total funding exceeds €650M.
- Qblox B.V.Active
Netherlands · October 2020
$26M Series A in 2024; staff rose from more than 95 in 2024 to 150+ in 2026
- QC DesignActive
Germany · March 2024
QUDORA, C12 and Yaqumo adopted Plaquette in 2025 to 2026; it was integrated with NVIDIA CUDA-Q Logical in 2026.
- QDevil ApSAcquired
Denmark · October 2019
Average staff rose from 6 in 2019/20 to 28 in 2024 and 27 in 2025, per the filed accounts
- QDI systemsActive
Netherlands · October 2024
Camera modules with its sensors announced for evaluation from October 2026; partnership with Allied Vision in 2026
- QphoXActive
Netherlands · October 2021
Quantum Transducer launched 2026 with IBM; 100 cryo switch controllers (company, 2024); €10M EIC STEP selection (2025)
- Qu & Co B.V.Acquired
Netherlands · March 2022
Parent Pasqal listed on Nasdaq in August 2026, reporting a €70.4M backlog and over 1,000 physical qubits demonstrated
- Quantum Dice LimitedActive
United Kingdom · March 2025
Share premium rose from £2.43M to £6.54M and cash to £2.81M in the year to April 2025, per filed accounts
- QuantumDiamonds GmbHActive
Germany · June 2023
Closed €15M equity, had €76M state aid approved and installed systems in the US and Taiwan in 2026.
- QuantWare B.V.Active
Netherlands · March 2022
Raised a $178M Series B in May 2026; says it serves more than 50 customers in 20 countries
- QUIX QUANTUM BVActive
Netherlands · March 2024
€15M Series A co-led by the EIC Fund; company reports 20+ Alquor systems deployed and a Japanese distributor.
- Quobly SASActive
France · October 2024
Raised a €115M Series A in June 2026 led by Bpifrance, STMicroelectronics and SEALSQ
Israel · March 2024
Raised a $17.5M Series A led by NXP with the EIC Fund and signed foundry work with TSMC and GlobalFoundries.
- Radar Reticence ABActive
Sweden · May 2026
SEK 10M share issue with three new investors announced in July 2026, next to the EIC grant
- Radiobotics ApSAcquired
Denmark · January 2020
Average staff doubled from 11 to 22 between the 2019/20 and 2024/25 accounts
- Rated Power SLAcquired
Spain · April 2019
Company-reported projects rose from over 20,000 in 2022 to over 64,000 in 2026
- RAYDIAX GmbHActive
Germany · October 2025
Raised €5M of venture money in a Series A1 round announced in March 2026
- Recresco LimitedAcquired
United Kingdom · October 2019
Turnover rose from £16.7M in 2019 to £44.7M in 2025, after peaking at £69.3M in 2023
- Recycleye LtdAcquired
United Kingdom · October 2021
$17M Series A; installations in 7+ countries; 43 staff by 2024; majority stake bought by CP Group in 2026
Israel · January 2019
Listed in December 2025 with a $10M IPO and raised a further $6.5M in a June 2026 private placement
- RepAir DAC LtdActive
Israel · March 2025
Raised a $15M Series A extension and a $3M Israel Innovation Authority grant in April 2025
- ReVentas LimitedActive
United Kingdom · May 2020
Staff rose from 6 in 2020 to 24 in late 2025; Series A from Orlen VC and Beiersdorf VC in May 2025
- Reverion GmbHActive
Germany · October 2022
Company reports 7 plants in customer operation and 200+ staff; $175M Series B in 2026.
- Robeauté SASActive
France · October 2024
Raised $28M in January 2025 and doubled its team afterwards, per the company
- RoBoTec PTC GmbHActive
Germany · January 2020
Multi-million financing round in December 2022; share capital raised in 2022 and 2023.
Ireland · January 2020
Series A closed in October 2023, then new share allotments filed in 2024, 2025 and 2026
- ROSI SASActive
France · May 2020
Raised over €20M in 2026 from a Series B plus grants; staff rose from about 20 in 2022 to about 30 in 2025
- SALVIA BIOELECTRONICS BVActive
Netherlands · November 2023
Raised a $60M Series B with EIC Fund participation in 2025; says its 150-patient US pivotal began Oct 2026.
- SAS WOODOOPivoted
France · October 2020
Raised $31M in 2023 and began a first 1,000 m³ STACK production batch for Bouygues in 2026
- SC DOTLUMEN SRLActive
Romania · October 2021
CE-marked; 1,500 preorders via Romania's state programme in 10 days; €5M round with the EIC Fund
- SCINTIL PhotonicsActive
France · October 2021
$58M Series B (2025) with NVIDIA; LEAF Light shown 2025; Tower availability Feb 2026; evaluation kit Mar 2026
- SeaTwirl AB (publ)Active
Sweden · April 2019
Won a €7.49M share of a Horizon Europe demo grant in 2025; CEO says staff doubled in Q1 2026
Austria · April 2019
Raised €20M in a round led by the Hopp Family Office in April 2021; Kaufland Pay rolled out in 2023
- Seloxium LimitedActive
United Kingdom · May 2026
Average staff rose from 8 in FY2024 to 18 in the seven months to January 2026, per filed accounts
- SemiQon Technologies OyActive
Finland · October 2024
€15M of EIC equity announced in 2025 and a strategic investment from PostScriptum in 2026
- SENSIBEL ASActive
Norway · January 2020
Raised €7M in 2024, launched its first product in 2025 and grew revenue to NOK 3.52M in 2025
- SENSONEO j. s. a.Active
Slovakia · May 2020
Net turnover rose from €0.74M in 2020 to €12.78M in 2025 in the filed accounts
- SEQUENTIA BIOTECH SLActive
Spain · October 2021
€10M Series A with Seventure and the EIC Fund in 2024; CE-IVD mark under IVDR in April 2026
- Share My SpaceActive
France · October 2021
€10M Series A (2024) incl. EIC Fund; €3.71M turnover in 2025; Spain station and Belgian unit 2025; India deal 2026
- SILEANE SASActive
France · October 2020
Group staff grew from 130 to 200 between end 2022 and March 2025, per investor Siparex.
- Single Technologies ABActive
Sweden · March 2025
Revenue rose 50% to SEK 2.95M in 2025, per Syna, after SEK 30M from shareholders in July 2025
- SIPEARLActive
France · October 2021
€130M Series A closed July 2025; first Rhea1 CPUs delivered to Bull for JUPITER in September 2026
- Skamik ASActive
Norway · June 2019
Revenue rose from NOK 58.2M in 2024 to NOK 167.4M in 2025, with a NOK 54.8M net profit, per filed accounts
Germany · May 2020
Group revenue rose from €9.02M in 2020 to €29.23M in 2025; FTE staff grew from 127 to 304.
- SKY-WATCH A/SAcquired
Denmark · January 2019
Average staff rose from 29 in 2021 to 118 in 2025; revenue from DKK 0.8M to DKK 522.6M
- Skytree B.V.Active
Netherlands · June 2023
Announced its first commercial system in 2026; SDE++-backed greenhouse projects plan 23,000 t a year with its units.
- SMART Photonics B.V.Active
Netherlands · January 2019
Raised €35M in 2020 and €100M in 2023; over 200 staff by 2026, above the 120 planned
Portugal · October 2019
$24.7M Series A in 2022; the team grew from 100 to 150 people in 2023, per the company
- SOLAR MATERIALS GmbHActive
Germany · June 2023
Opened an industrial line in 2025, doubled capacity to 14,000 tonnes and raised up to €20M in 2026.
- Solhyd BVActive
Belgium · October 2025
Equity rose from €2.41M to €3.39M in 2025 despite a €0.52M loss, per the filed accounts
- Sound Particles, S.A.Active
Portugal · April 2019
Staff grew from 10 in 2019 to about 30 by 2023; it raised €2.5M in 2022 and won state VC approval in 2026
- Space Cargo UnlimitedActive
Luxembourg · March 2025
Closed a €27.5M Series A in September 2025 and booked a SpaceX Starfall mission in September 2026
- SparingVision SASActive
France · April 2019
Raised a €75M Series B in 2022 and started a second clinical trial, for SPVN20, in October 2025
- Sparrow Quantum ApSActive
Denmark · June 2021
Completed EUR 27.5M Series A in 2025; annual report gives average employment of 34 FTE, versus 21 in 2024
- Sparxell UK LimitedActive
United Kingdom · October 2024
Raised a €4.2M pre-Series A in February 2026 led by SWEN Capital Partners to move from pilot to tonne-scale production
- SpinDrive OyActive
Finland · November 2023
Revenue rose 92% to €1.25M in 2025, staff grew to 21 and WEG signed a partnership in 2026.
- SpiNNcloud Systems GmbHActive
Germany · March 2025
Staff grew from 28 employees in 2024 to more than 50 in 2025, per the EIC's company page
- SPOTLAB SLActive
Spain · June 2019
Staff rose from 14 in 2019 to 22 in 2022; a €1.97M EU grant share for MultiplexAI followed in 2025
Finland · June 2019
Net sales rose from €14.4M in 2019 to €21.6M in 2025 and staff from 90 to 135
- STABL Energy GmbHActive
Germany · June 2021
50 MWh of storage installed by September 2026, with 100 MWh more in the pipeline
- STABLEPHARMA LIMITEDActive
United Kingdom · October 2024
Published phase I results in eClinicalMedicine in August 2026 and launched a phase 2b trial after HRA approval
- Step Pharma SASActive
France · October 2025
Closed a €38M Series C in October 2025 and moved its drug into a phase 2 trial in June 2026
- Strolll LimitedActive
United Kingdom · June 2023
Reported €12.2M Series A in 2025; staff rose from 12 in 2023 to 29 in 2025.
- SUBRA A/SActive
Denmark · March 2023
First commercial Subracable order at end 2025; €40M new equity in April 2026; staff grew from 12 to 28 in two years.
- SURGIFY MEDICAL OYActive
Finland · March 2022
Revenue rose from €39,000 in 2023 to €237,000 in 2025, with a €7M Series A led by ZEISS Ventures in 2025
- Swave BVActive
Belgium · June 2023
Raised a €27M Series A with the EIC Fund and a €6M extension; staff rose from 3.5 to 19.9 FTEs by 2025.
Portugal · April 2019
Swire Energy Services took a majority stake in 2021; staff nearly tripled during the 2019 to 2021 project
- Sympower B.V.Active
Netherlands · October 2021
2.7 GW of flexible assets managed across Europe; €42M Series B incl. €19M from PGGM in September 2025
- SYNTETICAActive
France · May 2026
Raised a $30M Series A in July 2026, two years after a €4.2M seed round
- TAFALGIE THERAPEUTICSActive
France · June 2023
Raised a €12M Series A in September 2025, €30M of equity in total, and employs 26 people.
- Tanso Technologies GmbHActive
Germany · October 2022
Over 300 client companies in 40+ countries, 55 staff and a €12M Series A in 2025, per the company
Netherlands · March 2025
Series A2 reached €40.4M in June 2026, with the EIC Fund and Kurma Partners joining
- TEKLAB SRLActive
Italy · June 2019
Revenue rose from €2.44M in 2019 to €4.40M in 2024, with a profit in every year, per filed accounts.
- Teraloop OyActive
Finland · January 2019
Staff grew from 11 to 16 between 2022 and 2025, and Arteche invested in September 2024.
- The Loop Factory ABActive
Sweden · October 2020
Project partner Yangi raised a €10M Series A in 2025; its first serial machine ran at a customer in 2026
- THERAPANACEA SASActive
France · June 2019
Biogen invested up to $15M in convertible debt in December 2021; staff reached 60 by June 2022.
- THRUSTMEActive
France · October 2021
Company reports 500+ systems delivered, about one a day (Aug 2026), and systems on 100+ satellites (Oct 2026).
- TIHIVE SASActive
France · October 2019
Raised €8M from the EIC Fund, Karista and Wind in October 2025; share capital rose to €151,732 in 2025
- tozero GmbHActive
Germany · March 2024
Opened a 1,500-tonne-a-year industrial plant in 2026 after an €11M seed with Honda and In-Q-Tel.
- traceless materials GmbHActive
Germany · June 2021
Staff grew from 40 in 2023 to about 110 when the plant opened in May 2026
- TreaTech SAActive
Switzerland · May 2020
New Series A2 shares registered in August 2026; staff rose from 12 in 2023 to about 15 in 2025
France · June 2019
Staff grew from 26 in June 2020 to 165 in May 2025, per the company and FrenchWeb
- Turn Energy GmbHActive
Germany · March 2024
Says its Spanish e-methane plant sells all output on long-term contracts; raised a €20M Series A in Oct 2026.
- TWAICE Technologies GmbHActive
Germany · March 2022
Battery storage business nearly tripled in 2025, per the EIB; €24M EIB venture debt announced in 2026
- UAB INOVATYVI MEDICINAActive
Lithuania · June 2021
€6M seed round in December 2023 and CE mark in May 2026
- UniSieve AGActive
Switzerland · May 2020
USD 9M Series A led by the Orano Venture Fund in October 2026, total funding USD 25M
- UniverCell Holding GmbHActive
Germany · November 2023
Raised a €30M Series B in 2026, employs 83 people and reports double-digit million revenue.
- UPSURGEON S.R.L.Active
Italy · June 2019
Revenue rose from €648,959 in 2022 to €1,936,669 in 2024; €5M round led by CDP Venture Capital in 2026
- UROMEMSActive
France · June 2023
Raised $47M in 2024 with the EIC and $60M in 2026, and runs a 140-patient pivotal trial at 21 sites.
- VarmX BVActive
Netherlands · June 2021
Phase 3 EquilibriX-S enrolling since Aug 2026; CSL funds it and holds an option to acquire VarmX; still investigational.
- Verity AGActive
Switzerland · October 2025
Series B grew to $43M in July 2023; the register shows new B+ preference shares issued in May 2026
- VEXLUM OYActive
Finland · November 2023
Revenue grew from €0.42M in 2021 to €4.19M in 2025, staff to 27, and it raised €10M in 2026.
- VitalFluid B.V.Pivoted
Netherlands · April 2019
€17.2M Series A in August 2026 and machines on more than 100 hectares of UK strawberries
- VITESTRO BVActive
Netherlands · June 2019
CE mark, 13 devices contracted by 2025, $70M Series B in March 2026 and FDA De Novo authorisation in August 2026.
- Vivalyx GmbHActive
Germany · October 2024
Reached first-in-human use at Erasmus MC in March 2026 and EMA breakthrough device status in August 2026
- Vivasure Medical LimitedAcquired
Ireland · October 2019
Raised €22M in 2022 and €30M from Haemonetics in 2023, then sold for €100M upfront in 2026
- Vivici B.V.Active
Netherlands · May 2026
Raised a €32.5M Series A in February 2025, then an EIC package reported at €12.5M in June 2026
- VSORAActive
France · June 2023
Raised $46M in April 2025 with EIC Fund co-financing and announced Jotunn8 tape-out in October 2025.
- WATTALPSActive
France · May 2020
€11M Series A in 2024, with revenue up fivefold in 2023 and more than threefold in 2024, per InnoEnergy
- Webarx OÜActive
Estonia · October 2021
Hosting partnerships with GoDaddy (2026), Hostinger and others; 1,000+ open-source products on its VDP
- WELINQ SASActive
France · March 2024
Sold its QDrive memory and a photon source in 2026 and partnered with Pasqal and OVHcloud.
- Westra Materials ABActive
Sweden · October 2025
EIC selection in 2026 added a €2.5M grant and a reported €4M EIC Fund equity stake to earlier venture rounds
- Whispp BVActive
Netherlands · October 2025
Raised a €5M round led by LUMO Labs in July 2026, after a €750k seed round in January 2024
- WISE S.p.A.Active
Italy · March 2020
Closed a €30M Series D in June 2026; staff rose from 36 planned for end-2022 to 50 in the 2024 accounts
- Womed SASActive
France · November 2023
Womed Leaf won FDA approval in 2025 and sells in 14 European countries; raised over €7M in 2026.
- XELTIS BVActive
Netherlands · October 2021
aXess CE marked April 2026; US pivotal trial past 50% enrolment; EIC Fund, EIB and other financing
- XENOTHERAPivoted
France · March 2020
€20M round co-led by the EIC Fund in 2021; staff grew from 8 in 2020 to a band of 20 to 49 in 2024
Italy · June 2022
€36M Series C in 2024; 600,000 farms per the company; sixth group deal announced Sep 2026
- Xnext S.p.A.Active
Italy · January 2019
Revenue rose from €32,000 in 2020 to €2.63M in 2024, and the EIB lent €20M in 2023
- XNOVO TECHNOLOGY ApSAcquired
Denmark · October 2019
Average staff rose from 9 in 2020 to 31 in 2025 and gross profit from DKK 8.2M to 17.8M
- Xsensio SAActive
Switzerland · March 2020
Closed a $7M Series A led by WI Harper in March 2026, with the EIC taking part.
- Zaitra s.r.o.Active
Czechia · October 2025
Average staff rose from 5 to 15 between the 2023 and 2025 filed accounts
Sweden · January 2019
Raised €3.2M in 2023 and €5.0M in 2024; staff rose from 14 to 20 between the 2021 and 2025 accounts
- ZYMVOL BIOMODELING SLActive
Spain · April 2019
€1.3M round in 2023, €3M seed round in 2025 and an Olon manufacturing deal in 2026
Not scaling (320)
- ABORA ENERGY SLInsolvent
Spain · October 2019
Voluntary insolvency declared in June 2026; staff fell from 38 in 2023 to 15 in 2026.
- Abzu ApSInsolvent
Denmark · June 2022
Under bankruptcy (under konkurs) since April 2026; staff had fallen from 20 in 2023 to 12 in 2024
- Acosense ABClosed
Sweden · June 2019
Staff only grew from 7 to 10 in 2019 to 2021; the board filed for bankruptcy in February 2023 with no new capital.
- Actome GmbHInsolvent
Germany · October 2022
EIC project terminated early; Actome GmbH in insolvency and liquidation since 2025.
Spain · October 2021
PreveCol on sale in Spain since 2023; register puts annual sales under €500,000
- Aeristech LimitedInsolvent
United Kingdom · June 2019
Entered administration in February 2025; all remaining staff were made redundant that month.
- Aero Enterprise GmbHInsolvent
Austria · June 2019
Insolvency proceedings entered in the Austrian company register in March 2026.
- Afon Technology LimitedActive
United Kingdom · October 2022
No product on sale by September 2026; cash of £5,003 and net liabilities of £498,664 at end 2025.
- AkknaTek GmbHInsolvent
Germany · October 2022
Provisional insolvency administrator three months after the EIC project; eight staff; no rescue found by Nov 2026.
- ALA Diagnostics, S.L.Active
Spain · October 2022
Trial for CE and FDA not run under the grant; no approval found; Empresia lists turnover below €500,000.
- Alcyon Photonics SLActive
Spain · March 2022
11 employees and micro-enterprise revenue in 2025 with a negative result; last round €1.5M
- Alginor ASAActive
Norway · May 2020
F3 plant frozen and about 26 full-time staff temporarily laid off in May 2026 after a NOK 870.7M loss for 2025
- AlignD Systems ABPivoted
Sweden · October 2021
Still in technology development; $3.6M raised in 2026 to move towards first commercial partners
- Allero Therapeutics BVActive
Netherlands · October 2021
Sources reviewed 4 Nov 2026 show no trial on ClinicalTrials.gov and no funding round announced since the 2022 award
- alocalo GmbHInsolvent
Germany · March 2022
Filed for insolvency in September 2023; proceedings opened 1 November 2023 with most staff already gone
- ALTARMerged
France · May 2020
Bought by Ginkgo for $12.0M in 2022, sold for a nominal amount in 2024 with 14 staff
- Amsimcel SRLActive
Romania · June 2022
Turnover of RON 235,084 in 2025 with six staff and RON 57,581 in cash at year end
- Angular Velocity OyClosed
Finland · January 2019
Revenue fell 53.5% to €125,000 in the year to January 2021; the company ceased in 2024.
- Aquarray GmbHClosed
Germany · June 2019
Entered liquidation in February 2025; its website went offline and the domain is listed for sale.
- Arxum GmbHInsolvent
Germany · October 2021
Provisional insolvency administrator appointed Jan 2024; proceedings opened by court order dated 28 March 2024
- Ascend ApSPivoted
Denmark · June 2019
Average staff fell from 6 in 2019 and 2020 to 2 in 2025; equity fell from DKK 9.58M (2018) to 1.72M (2024)
- Aurelia Turbines OyActive
Finland · April 2019
Revenue fell 3.2% to €1.21M in 2025 while the operating loss rose to €7.76M; equity ratio 0%
- Avantama AGPivoted
Switzerland · January 2019
Put its perovskite quantum dot patents and production assets up for sale in November 2024
- AVVie GmbHAcquired
Austria · June 2022
Design freeze pending animal testing at the end of the EIC project; no human trial announced
- AW Technologies ApSActive
Denmark · March 2020
Average staff stayed at 4 from 2023 to 2025 while equity fell to minus DKK 651,471 in 2025
- BE MY EYES IVSAcquired
Denmark · April 2019
Danish grantee average staff fell from 15 in 2020 to 7 in 2025, when it sold its activities
- BETALIN THERAPEUTICS LTDActive
Israel · March 2020
UK subsidiary struck off in 2025; 3 employees and still preclinical in its 2026 crowdfunding round
- Better Medicine OÜActive
Estonia · March 2023
Annual reports: sales revenue €0 in 2025, €11,284 in 2024; 2025 net loss €242,861.
Poland · January 2019
Group turnover fell from £733,517 in 2023 to £513,467 in 2024 and net assets turned negative
- Bind-X GmbHInsolvent
Germany · May 2020
Insolvency court order in June 2025, two years after a €10M Series B; in liquidation since September 2025.
- Biodexa LtdPivoted
United Kingdom · October 2019
Group staff fell from 65 in 2019 to 11 in 2025, with no revenue in 2024 or 2025 and a going concern warning
- Biomendex OyActive
Finland · June 2019
9 staff and €42,000 revenue in 2025, against 35 jobs and €17M revenue projected for 2023
Slovenia · October 2020
Total revenues fell from €4.14M to €3.05M and staff from 40.2 to 35.3 between 2023 and 2025
- Blickfeld GmbHAcquired
Germany · October 2019
Staff fell from over 160 in December 2023 to 28 at the February 2026 sale to Senstar
- Bogen Electronic GmbHInsolvent
Germany · January 2019
Insolvency proceedings opened in April 2020; the business was sold to Lika Electronic in October 2020.
United Kingdom · October 2019
Average staff fell from 10 in the year to February 2024 to 3 in each of the next two years
- BOYDSENSEInsolvent
France · October 2021
No product approval identified in sources checked as of 3 November 2026; judicial liquidation opened in September 2026
- Brainhero GmbHInsolvent
Austria · October 2022
Insolvency proceedings opened in August 2025, four months after the EIC project ended
- Brucella Green Vac SLClosed
Spain · October 2019
Dissolved in February 2024 after a Pamplona labour court declared it provisionally insolvent in January 2024
- Carbo Culture OyActive
Finland · March 2022
No revenue in the 2024 accounts and €48,000 in 2025; staff fell from 28 in 2023 to 18 in 2024 and 2025
- Cardiac Success Ltd.Active
Israel · October 2021
Device still investigational; small first-in-human study; 10-patient Vsling III trial recruiting
- CARMATInsolvent
France · October 2022
Entered receivership on 1 July 2025 and was liquidated in January 2026 after selling its business
- CASCADEInsolvent
France · May 2020
Payments stopped in September 2023; liquidation opened in December 2024
- CASCODA LIMITEDActive
United Kingdom · June 2019
Average staff fell from 11 to 7 and net liabilities rose to £453,506 in the March 2026 accounts
- Celeris Therapeutics GmbHInsolvent
Austria · June 2022
Insolvency proceedings opened and an insolvency administrator appointed in October 2024
Norway · October 2021
2025 revenue NOK 18.3M against a NOK 40.8M loss; 8 employees
- Cellevate ABActive
Sweden · March 2022
Net sales of SEK 41k in 2025, a year after launch, with a SEK 37.7M net loss, per accounts listed on Allabolag
- Celtic Biotech LtdActive
Ireland · March 2023
The EIC-funded 24-patient trial had not started by project end; estimated start is now October 2026.
- CH-BIOFORCE OYActive
Finland · March 2022
Revenue fell to €33,000 in the year to May 2025, with a €1.8M operating loss and negative equity
- Climate Recovery Ind ABClosed
Sweden · January 2019
Net sales of SEK 4.2M against a SEK 18.1M loss in 2023; bankrupt in July 2024 with 14 staff
France · June 2019
Net loss of €1.57M on €0.61M revenue in 2025; annual losses of €1.05M to €1.85M from 2019 to 2025
- CODASIP GMBHPivoted
Germany · June 2019
Put itself up for sale in July 2025 and sold its RISC-V processor business to onsemi for up to $14.5M in 2026
- Colzyx ABActive
Sweden · October 2019
Total assets fell from SEK 30.8M to SEK 17.2M between the April 2023 and December 2024 accounts
- CONNECTING FOODInsolvent
France · March 2022
Safeguard in December 2024, receivership in December 2025 and judicial liquidation from 6 January 2026
- Content Flow GmbHInsolvent
Germany · March 2020
Insolvency proceedings opened in August 2023, 13 months after the EIC project ended.
- CRAYONANO ASInsolvent
Norway · October 2020
Net loss grew from NOK 31.4M in 2021 to NOK 80.5M in 2023; bankrupt in January 2025.
- CRYPTO QUANTIQUE LIMITEDInsolvent
United Kingdom · October 2019
Average staff fell from 28 to 22 in FY2025 accounts; creditors' voluntary liquidation from October 2026
- CyanoGuard AGClosed
Switzerland · June 2019
Dissolved by its shareholders in November 2023; its cyanide patents passed to Cyanco in January 2024.
- DAC Sp.z.o.o.Active
Poland · October 2021
Prototyping 85% complete at project end; no certification or customer in sources reviewed on 4 Nov 2026
- DataBeacon SLInsolvent
Spain · January 2020
Voluntary insolvency declared in May 2026; the register lists 1 to 9 staff.
- Deep Branch Biotechnology LtdAcquired
United Kingdom · May 2020
Staff fell from 22 to 6 from the 2023 to 2024 accounts; the UK company entered members' voluntary liquidation in 2025.
- Defacto Technologies SASAcquired
France · November 2023
Published revenue stayed between €1.5M and €3M from 2018 to 2023, with 10 to 19 staff.
- Delta Cygni Labs OyActive
Finland · March 2024
Revenue fell 47.5% to €149,000 in 2025 with an operating loss of €267,000, despite staff growing to 11.
- DEMETAClosed
France · October 2019
Receivership in September 2022 and liquidation in February 2023, with 2021 revenue of €353,102.
- DRONAMICS Ltd.Active
Bulgaria · March 2022
No turnover in the 2023 or 2024 UK accounts; no commercial cargo service found in sources reviewed on 4 November 2026
- DRONE HOPPER SLPivoted
Spain · June 2019
2 employees on the register; a subsidiary was recorded as provisionally insolvent over a €4,968 debt in 2024
- Dura Composites LtdActive
United Kingdom · June 2022
Turnover of £20.3M in the year to June 2025, against £20.0M in the year to March 2023
- E.F.S. SASInsolvent
France · June 2019
Receivership opened in July 2026; net profit fell from €473k in 2023 to €127k in 2024.
- Easyl SAActive
France · March 2022
Revenue of €4,150 and a €2.54M net loss in 2025; equity below half of share capital
- Ecofoot, S.A.Closed
Portugal · May 2020
Filed for insolvency in March 2024, a year after its EIC project ended; the court closed the case in July 2025.
- Ecopolplast sp. z o.o.Active
Poland · March 2022
Revenue fell from PLN 3.2M in 2023 to PLN 67k in 2025; staff from 13 to 8; equity negative at end-2025
- Edvince ABActive
Sweden · October 2021
Phase 2b planned for 2027; no development partner shown in sources reviewed on 4 Nov 2026
- EFENCO OUDormant
Estonia · October 2022
No sales revenue reported for 2024 or 2025; staff fell from 12 in mid-2024 to 1 in Q3 2026
Hungary · January 2019
Average staff fell from 86 in 2021 to 52 in 2023; liquidation proceedings followed in October 2024.
- Electrochaea GmbHInsolvent
Germany · May 2020
A financing round failed in spring 2026; the company filed for insolvency in April 2026.
- Elthera AGDormant
Switzerland · January 2019
Moved to a Zug domicile agency in July 2023 as three of its board members left; 3 staff in 2020.
- EMPE Diagnostics ABActive
Sweden · October 2020
Staff fell from 12 to 8 between the 2021 and 2025 accounts, with net sales near zero and a SEK 9.5M loss in 2025.
- ENERPOLY ABInsolvent
Sweden · May 2020
Bankrupt since 27 June 2025 after failing to raise funds; FY2024 net sales were SEK 67,000.
- Epigene Labs SASInsolvent
France · October 2021
No Series A located; Servier collaboration announced; judicial liquidation opened in February 2026
- EVOY ASActive
Norway · May 2020
Net loss widened to NOK 68.8M in 2024; Florø factory shelved in 2025; 5 staff registered in 2026
- Exvastat LtdClosed
Ireland · March 2020
Average staff fell from 8 in 2022 to 2 in 2023; the company was struck off in April 2025.
- FarmInsect GmbHInsolvent
Germany · June 2022
Insolvent in March 2026 with four active farm sites; operations ended in August 2026 with no buyer
- FEops NVAcquired
Belgium · October 2019
Staff fell from 33.8 FTE in 2023 to 22.6 FTE in 2025; the company sold for €2.985M in 2024
- FFRobotics LtdDormant
Israel · January 2020
Tracxn counted 3 employees in August 2026; no funding round or product launch announced since 2022.
- Fibriant B.VActive
Netherlands · October 2021
EIC grant terminated in 2024; sources reviewed in Nov 2026 show no product launch, funding round or news since 2021
- FIMUSKRAFTInsolvent
Finland · October 2021
No public CORDIS outcome report for the 2022-24 project; Finnish register shows bankruptcy in June 2026
- FocalSpec OyAcquired
Finland · April 2019
TKH gave 55 staff in 2019; Oulu accounts show 19 in 2025 and revenue down from €16.4M (2021) to €3.88M
- Food Sourcing Specialists SLInsolvent
Spain · April 2019
Voluntary insolvency declared in April 2024 and concluded with a provisional closure in May 2024
- FOX BIOSYSTEMS NVInsolvent
Belgium · October 2022
Declared bankrupt on 23 January 2025; the EIC terminated its project on 26 February 2025
- FRESHSEAL LIMITEDInsolvent
United Kingdom · June 2019
Staff fell from 13 in 2021 to 8 in 2023; creditors' voluntary liquidation began in March 2025
- Furhat Robotics ABActive
Sweden · January 2019
Staff fell from 17 to 12 and total income by 41% between the 2023 and 2024 accounts
- G.R. GAMBERINI SRLActive
Italy · April 2019
Revenue fell from €631,832 in 2020 to €513,518 in 2023, with a €20,896 loss and 5 staff.
- Genewity B.V.Active
Netherlands · March 2023
Company cites i-THYMUS scientific challenges; RAG1-SCID trial suspended after an SAE (registry, Jul 2026).
- GENOSMART LTDClosed
Israel · January 2019
Ceased operating in November 2024 and was voluntarily liquidated; no funding round found
- Gleechi ABInsolvent
Sweden · January 2020
Bankrupt in August 2023 after 21 staff in 2022; the successor company reported 2 employees in 2025
- Glowee SASClosed
France · May 2020
Receivership in April 2023 and liquidation in July 2023 with no takeover offer
Switzerland · October 2019
Website team page lists four people in 2026, against 17 staff reported in December 2020
- Greater Than SAActive
Belgium · May 2020
Group net sales fell 86% to SEK 5.7M in 2025; average staff fell from 33 in 2023 to 18 in 2025.
Norway · June 2019
Revenue fell from NOK 29.8M in 2024 to NOK 13.6M in 2025; wage costs halved from 2023 to 2025
- GreenBone Ortho srlActive
Italy · October 2021
Revenue €321.5K in 2024 with a €3.5M loss; spinal products at CE readiness only
- Greenov-ITESActive
France · June 2022
Full sea demonstration postponed to late 2026 or early 2027; no commercial installation in sources reviewed 4 Nov 2026
- GuardTime OÜUnknown
Estonia · June 2019
Estonian staff fell from 114 in Q2 2020 to 1 in Q1 2026, per Tax and Customs Board data.
- H2GO Power Ltd.Closed
United Kingdom · October 2021
EIC grant rejected per EIC note; directors cite no yes from 200+ investors; administration 2024, liquidation 2026
- Hafnium Labs ApSActive
Denmark · June 2019
Average staff fell from 9 in 2021 to 5 in 2025, with no funding round found and flat gross profit
Sweden · January 2020
Net loss widened to SEK 12.7M in 2022 on SEK 0.5M of sales; bankrupt in May 2024.
- HARDT BVInsolvent
Netherlands · June 2021
Bankrupt 3 Mar 2026; trustee says part two of a ~EUR 13M commitment was not awarded; causes under investigation.
- Healium MedicalActive
Israel · October 2021
No clinical study by the Aug 2025 project end (CORDIS); EIC Fund round Sep 2022; no later round located.
- Hexagem ABActive
Sweden · April 2019
Turnover fell to SEK 7.8M in 2025 with a SEK 3.8M loss, seven staff and negative equity
- Hiber B.V.Insolvent
Netherlands · October 2019
Bankrupt in June 2023 with 28 staff, down from 60 the year before, per the curator
- HIL Applied Medical LtdInsolvent
Israel · June 2019
Started a voluntary dissolution in July 2023; the register now shows it in court liquidation
- Hokodo SASClosed
France · January 2019
French unit lost €8.5M in the year to May 2025; the founders wound Hokodo up in late 2025
- HPNow ApSActive
Denmark · March 2020
Sales activities cut back in 2025, development projects written off and staff flat at 19
- Hydro Volta BVActive
Belgium · October 2020
Staff costs fell from €535,567 in 2022 to €233,858 in 2024; cash fell to €21,355 by end 2024
- HYDROGENICS EUROPE NVAcquired
Belgium · April 2019
About 100 Oevel jobs cut after a December 2024 notice, and about 100 more announced in early 2026
- HYME STORAGE APSDormant
Denmark · November 2023
Laid off all 32 employees and suspended operations in June 2026 after a DKK 135.5M loss.
- HyperMemo OyInsolvent
Finland · January 2020
Staff fell from 13 to 5 between 2022 and 2024; bankrupt since 27 November 2025
- hyperTunnel LimitedInsolvent
United Kingdom · March 2022
Entered administration July 2024, described as pre-revenue; in creditors' voluntary liquidation since July 2025
- HySiLabs SASInsolvent
France · May 2020
Net loss rose to €4.52M in 2025 with no Series B lead found; liquidation ordered in September 2026
- IDOVEN 1903 SLActive
Spain · October 2021
Register puts sales at €500,000 to €1M a year; last reported round a 2023 bridge round of undisclosed size
- iFLUX nvActive
Belgium · October 2021
Three utility pilots (CORDIS); 2025 accounts: EUR 1.31M loss, EUR 356K negative equity; capital filing July 2026.
- Ilya Pharma AB (publ)Active
Sweden · March 2020
Staff fell from 18 in 2022 to 6 in the 2024 and 2025 accounts; no new round announced since 2024
- Imetrum LimitedAcquired
United Kingdom · October 2019
Staff fell from 29 in 2021 to 23 in 2025 as net liabilities rose to £8.9M, funded by parent loans
- In Ovo Holding B.V.Closed
Netherlands · March 2020
Dissolved in 2025: the operating company left the Dutch register in October, the holding in December
- Indoor Robotics LtdDormant
Israel · January 2020
Ceased operating in February 2025 per Startupim; in voluntary liquidation; no round found after the 2022 Series A
Finland · April 2019
Staff fell from 70 to 46 between the 2023 and 2025 accounts; no company-announced round since March 2024.
- INOREVIA SASActive
France · April 2019
Net loss rose from €33,795 in 2021 to €1,072,042 in 2024; safeguard proceedings opened in June 2025.
Poland · June 2019
In court restructuring since 2024; temporary court supervisor named in April 2026; no accounts after 2023
- Interlinked ABActive
Sweden · March 2020
Staff fell from 12 in 2022 to 8 in 2025, and equity turned negative at SEK -4.3M in 2025
- Invivo Bionics ASActive
Norway · March 2022
No CE Mark or launch shown in sources reviewed on 4 Nov 2026; six employees and NOK 1.4M operating income in 2025
- IRIS AI ASActive
Norway · October 2022
2025 revenue NOK 9.6M against a NOK 26.2M net loss; equity negative at NOK 47.7M.
- ITHERA MEDICAL GMBHInsolvent
Germany · June 2021
Insolvency proceedings opened in August 2025, about 32 months after a €13M financing announcement
- JUSTINMIND SLInsolvent
Spain · April 2019
Press reported 30 staff in 2021, Empresia lists 11; insolvency and liquidation opened in March 2025.
- Kahun Medical LtdDormant
Israel · March 2020
No funding round after the 2022 seed, no news since September 2024, website parked by December 2025
- Kasi Technologies ABActive
Sweden · June 2021
Two employees and SEK 1.9M revenue in 2025 accounts; InnoMatch demo-vehicle pilot with FAIV AB, no result located
- Kinepict Health Kft.Active
Hungary · October 2020
Average staff fell from 15 in 2023 to 7 in 2025, with yearly losses of HUF 134M to 172M
- Kite Medical LimitedClosed
Ireland · March 2020
Failed to raise further funds; liquidator appointed in January 2023 and company dissolved in January 2025
- Kvantify ApSActive
Denmark · January 2023
Average staff fell from 49 to 37 in 2025; gross loss of DKK 20M and negative equity at year end.
- KWO Kunststoffteile GmbHInsolvent
Germany · October 2020
Insolvency proceedings in self-administration opened in June 2025, 13 months after the EIC project ended.
- Laava Tech OÜUnknown
Estonia · October 2020
Staff fell from 15 in 2022 to 1 in 2024; revenue was zero in 2024 and 2025
- LaDiMo OyClosed
Finland · June 2019
Bankrupt in March 2022 with €15,000 revenue and 7 staff in its last accounts; ceased October 2023
- Leunamme Technology SLActive
Spain · January 2020
Staff was about 20 in September 2025, against 18 in 2021 and a forecast of about 40 for 2025.
- Levvel Health ApSActive
Denmark · March 2020
Average staff fell from 13 in 2021 to 4 in 2025; equity was DKK -19.4M at the end of 2025
- LIGHTSENSE TECHNOLOGIES LTDInsolvent
United Kingdom · June 2019
Parent staff fell from 16 in 2024 to 5 in 2025, and the group entered administration in June 2026
- LIMATECHInsolvent
France · May 2020
Receivership opened in April 2026 and converted to liquidation in June 2026 after a €1.21M loss in 2024
- LiMM Therapeutics SAClosed
France · October 2021
Liquidated in 2023; liquidation closed for insufficient assets and company struck off in 2025
- Liquidweb S.r.l.Insolvent
Italy · October 2019
2021 accounts: €64,597 revenue and a €317,144 loss; judicial liquidation opened in April 2024.
- Lohr technologies GmbHInsolvent
Germany · April 2019
Filed for insolvency in October 2022 after revenue fell from 2020; proceedings opened January 2023.
Belgium · March 2020
Average staff fell from 19.1 FTE in 2021 to 14.4 FTE in 2025, per filed annual accounts.
- MAEVE AEROSPACE B.V.Insolvent
Netherlands · October 2022
Declared bankrupt on 28 May 2026 after failing to raise €20M; no aircraft flown in sources reviewed.
- ManoMotion ABActive
Sweden · January 2019
Staff fell from 13 in 2021 to 7 in 2025 while the company posted a loss in each of those five years
- Martin and Co Kft.Active
Hungary · January 2019
Revenue fell from HUF 39.5M in 2024 to HUF 798,000 in 2025; the 2025 accounts show no staff
- MediWound Ltd.Active
Israel · March 2024
Revenue fell 16% to $17.0M in 2025 with a net loss of $23.9M, and the EIC equity investment did not materialise.
- Meletios TherapeuticsInsolvent
France · June 2022
Judicial liquidation opened on 17 April 2025 after payments stopped on 28 March 2025
Italy · April 2019
Revenue fell from €1.23M in 2020 to €390,899 in 2025 in the filed accounts; 6 to 9 staff listed.
- Metafora BiosystemsActive
France · June 2022
Revenue of €166,000 in 2023; court safeguard opened February 2026, nine-year plan adopted September 2026
- Mifundo OÜActive
Estonia · March 2024
Revenue was €20,470 in 2025, after two years of EIC funding and a platform covering 20 countries.
- MIMETIS BIOMATERIALS SLClosed
Spain · January 2019
Said in 2026 it had ceased operations; Empresia lists annual sales under €500,000 and 7 staff.
- Minesto ABActive
Sweden · April 2019
Reorganised to 36 staff, Wales office closed in 2025; no net sales and a SEK 15.4M operating loss in H1 2026
- Minuendo ASActive
Norway · October 2019
Wage costs fell from NOK 13.7M in 2023 to NOK 4.9M in 2025 as sales fell for two years running
- MITIS SAPivoted
Belgium · October 2019
Net losses of €1.00M, €0.97M and €0.94M in 2023 to 2025; cash fell 87% to €232,179 in 2025
- MIWENDO SOLUTIONS SLActive
Spain · March 2020
Staff fell 20% to 12 in 2024 per Informa, and no product had reached the market by October 2026
- Momentum Bioscience LimitedInsolvent
United Kingdom · January 2023
Placed in creditors' voluntary liquidation in December 2025 with an estimated £755,145 shortfall to creditors.
- MoveUP NVMerged
Belgium · March 2020
Average staff fell from 18.4 to 12.2 FTE between 2023 and 2025; cash was €273k at end 2025
United Kingdom · October 2022
Cash of £1,373 and net liabilities of £216,728 at August 2025; average staff fell from 17 to 14.
- MYSPHERA SLAcquired
Spain · October 2021
Revenue of just over €3M in 2025 against a CORDIS forecast of €40M by 2028
Slovenia · May 2020
Revenue was €10,978 in 2025 against a €229,050 loss; staff fell from 5 in 2023 to 3 in 2025.
- MyWo ASActive
Norway · June 2019
Group sales fell from NOK 113.6M in 2023 to NOK 79.5M in 2025 as the net loss doubled
- N2 APPLIED ASInsolvent
Norway · May 2020
Declared bankrupt in March 2025; the last filed accounts (2023) show a NOK 48.8M loss and negative equity
- NannyML NVAcquired
Belgium · October 2024
Equity fell from €1.02M in 2020 to minus €1.69M at the end of 2024, before the sale to Soda
- NANOGA SAUnknown
Switzerland · June 2019
Project website offline by August 2026; no product launch or funding round announced since the 2019 award
- Nanom ehf.Active
Iceland · May 2020
VAT registration cancelled in July 2022; no funding round, partner or product announced since 2021
- Nanordica Medical OÜActive
Estonia · June 2022
No CE Mark by June 2026; the large trial had enrolled over 120 patients and is registered to complete in December 2026
- NanoScent LtdInsolvent
Israel · March 2020
Staff fell from 35 in 2021 to 20 in 2023; an insolvency order was registered in April 2026.
- NanoSUN LimitedClosed
United Kingdom · October 2020
Entered administration in February 2024 with 32 staff, down from a peak of 81; dissolved in May 2026.
- NANOSYNEX LTDUnknown
Israel · June 2019
Qualigen ended its $10.4M funding pledge in 2023; the 2025 bridge round sought only $500,000
- NanoVation G.S. LtdClosed
Israel · October 2019
In court liquidation per the 2026 register; operations ceased in November 2025 per Startupim
Poland · January 2019
Remedial proceedings opened in 2025; 2024 revenue was PLN 356.7k against a PLN 2.6M loss
- Natural Dental Implants AGInsolvent
Germany · June 2019
Insolvency was entered in the Berlin register in November 2019, five months after the EIC selection.
- Nemesis Bioscience LtdClosed
United Kingdom · March 2022
Entered administration on 1 February 2023 and was dissolved on 2 May 2024; its IP sold for £1,000
- NEOMEDLIGHTActive
France · January 2019
Court safeguard procedure opened in June 2022; losses every year since and 3 to 5 staff in 2024
Spain · March 2022
No CE Mark or product launch by September 2026, against market entry planned for late 2023
- Neuro Event Labs OyActive
Finland · March 2020
Staff fell from 39 to 15 and revenue from €1.10M to €0.22M between the 2021 and 2025 accounts
- Nevomo Poland sp. z o.o.Active
Poland · March 2022
Nevomo Poland's reported accounts show PLN 473k operating revenue in 2024; its projects are pilots and memoranda
- Nimesis Technology SASActive
France · January 2020
Staff fell from 24 at the 2022 project end to 17 in 2025; revenue was €1.09M in 2025
- Nomoko AGInsolvent
Switzerland · April 2019
Bankruptcy opened in December 2023; proceedings suspended for lack of assets in January 2025.
- NOVA INNOVATION LTDActive
United Kingdom · October 2021
Staff fell from 39 in 2023 to 28 in 2025; £11.8M impairment of tidal technology in 2024
- Novameat Tech, S.L.Active
Spain · October 2021
Register puts annual sales under €500,000 with 22 employees, despite distributors in seven countries
- NVP Energy LimitedClosed
Ireland · May 2020
Liquidator appointed in November 2024; the company was dissolved on 8 August 2026.
- ODICO A/SInsolvent
Denmark · October 2019
Declared bankrupt in March 2024; its robots and machines were sold at auction in July 2024.
- ONOMOTION GmbHInsolvent
Germany · March 2020
Insolvency proceedings opened in December 2024 after sales missed targets; the business was sold to Emoving GmbH
- Op2LysisInsolvent
France · October 2021
No O2L-001 trial located in ClinicalTrials.gov search; judicial liquidation and asset sale plan in 2026
- OPTIQGAIN LTDUnknown
Israel · January 2019
Sources reviewed in Nov 2026 show no announced product launch, certification or customer.
- Orbital Advertising SLClosed
Spain · October 2019
Insolvency case 515/2023 opened; a court closed it in July 2024 for lack of assets
- Orbital Express Launch LimitedInsolvent
United Kingdom · January 2019
Entered administration in February 2026; all but 8 of 163 UK staff were made redundant.
- OrganicDisposables LtdActive
Poland · October 2021
Demo line; EIC Fund loan closed Oct 2024; substrate in trials in 2026; no customers named in sources reviewed
- ORIGIN GPS LTDInsolvent
Israel · June 2019
Entered court insolvency proceedings in March 2024 and was listed as ceasing to operate in August 2024
- Original RePack OyAcquired
Finland · June 2019
Staff fell from 12 to 0 and revenue from €656k to €64k between the 2021 and 2025 accounts
- OutThink LtdActive
United Kingdom · October 2021
Headcount flat at 22-23 in 2023-24; cash fell from £4.17M to £1.6M; no round announced since 2022 (checked 4 Nov 2026)
- Ovagen Group LimitedActive
Ireland · January 2019
17 staff in October 2024 against a 2023 plan for 75 by 2026; the hiring target has moved to 2029
- OZ ehf.Active
Iceland · June 2019
Iceland's second-tier league cut OZ from 13 venues in 2023 to 3 in 2025 and ended its media hub contract.
- PALOBIOFARMA, S.LActive
Spain · October 2021
No partner or Phase 3 announced for PBF-680 two years after positive Phase 2 results
- Paptic OyActive
Finland · June 2022
Revenue fell from €10.8M in 2022 to €3.9M in 2025 while the operating loss grew to €5.3M
Denmark · October 2025
Gross profit fell from DKK 35.1M in 2023 to DKK 1.0M in 2025, with a DKK 37.5M loss in 2025
- Peek Health, S.A.Active
Portugal · March 2022
Sales in Iberinform's band of up to €2M, against over €40M revenue promised for 2026
- Peili Vision OyInsolvent
Finland · March 2022
Revenue fell from €105,000 in 2023 to €19,000 in 2025 and staff from 19 to 10
Hungary · January 2019
Staff of 18 in 2022 and 17 in 2024; a HUF 69.3M net loss in the 2024 accounts
- PHARROWTECHInsolvent
Belgium · March 2024
Bankrupt in April 2025, CEO cited too few orders; the EIC project was terminated in July 2025.
- Photanol B.V.Insolvent
Netherlands · June 2019
Declared bankrupt in February 2025; patents, strains and plant sold for €300,000 in June 2025.
- PICTERUS ASActive
Norway · October 2019
2025 revenue NOK 451,628 against a net loss of NOK 31.8 million; equity NOK 2.1 million.
- Pinpoint Innovations LimitedInsolvent
Ireland · June 2019
Creditors' liquidation opened in February 2026; the liquidators put its software IP up for sale in 2026.
- PKVITALITYInsolvent
France · March 2020
Receivership in February 2023 and liquidation in April 2023, with 27 staff when proceedings opened
- PlanBlue GmbHInsolvent
Germany · October 2021
Provisional insolvency (Mar 2026), proceedings opened, listed in liquidation; Fugro says it integrated the technology.
Slovenia · May 2020
Staff fell from 7.46 to 3.91 and revenue from €604k to €396k between the 2023 and 2025 accounts.
- Prima Industries SrlActive
Italy · May 2020
Revenue fell from €7.53M in 2019 to €5.44M in 2024 in the filed accounts.
- PROSION GmbHInsolvent
Germany · June 2021
Court notice records provisional administration (Jan 2026) and proceedings opened (Mar 2026); cause not established
- Protinhi B.V.Insolvent
Netherlands · October 2022
Declared bankrupt in May 2024; bankruptcy wound up in February 2026; no clinical trial reported.
- Pulsedeon OyActive
Finland · March 2020
Revenue fell from €476,000 in 2022 to €72,000 in 2025 while staff stayed at 9 to 10
- Qarnot ComputingAcquired
France · June 2022
Revenue fell from €4.31M in 2022 to €3.04M in 2024; receivership in May 2026
- QfluidicsInsolvent
France · November 2023
Stopped paying debts in February 2026 and was placed in judicial liquidation in April 2026.
- QLUCORE ABActive
Sweden · November 2023
Net sales fell 34% to SEK 6.7M in 2025/26 and staff fell from 20 to 15.
- QUSTOMDOTActive
Belgium · June 2023
Staff fell from 14.2 to 6.2 FTEs between 2023 and 2025, and equity dropped to €471,489.
Germany · October 2019
The grant-holder entered liquidation in November 2021; its business moved to a new company
- RadiSurf ApSAcquired
Denmark · March 2020
Owner decided in 2026 to close it after a DKK 8.0M loss in 2025 cut equity to DKK 3.2M
- RAIKU Packaging OÜActive
Estonia · June 2023
Sales revenue was €27,272 in 2025, against €1.19 million of other operating income.
- Rainmaker Holland B.V.Pivoted
Netherlands · April 2019
Revenue of €2.23M in 2023 and €2.56M in 2025; output steady at 8 generator systems a year in 2024 and 2025
Netherlands · May 2020
SEC filings list 32 employees at end-2023 and 19 employees and contractors at end-2024 (not like for like)
- RE-Match Holding ApSDormant
Denmark · May 2020
All three recycling plants failed between December 2024 and April 2025; no staff budgeted for 2025
- ReActive Robotics GmbHInsolvent
Germany · June 2022
Insolvent in February 2025, five months after a €5M round; listed in liquidation from May 2025 per North Data
- Rehaler A/SClosed
Denmark · March 2023
Pivotal trial stopped for lack of effect; company dissolved after voluntary liquidation in May 2026.
- Reliefed ABPivoted
Sweden · June 2022
Net sales of SEK 1.3M in 2024 with a SEK 5.0M loss and SEK 0.26M in cash at year end
Poland · June 2019
Last product news in March 2022, website parked since 2024, 2023 accounts filed only in May 2026
- Reselo ABActive
Sweden · June 2022
No plant reported built; turnover fell to SEK 7.7M in 2025 with six staff and a SEK 2.2M loss
- RESPINOVA LTDDormant
Israel · October 2020
Website offline since August 2024; last annual report on file is for 2023 and the register flags it as violating
- REST THERAPEUTICSActive
France · June 2023
No revenue, 3 to 5 employees, and its drug had not entered human testing by the end of the EIC project.
- Restore Medical LtdActive
Israel · March 2022
No CE Mark or FDA approval by September 2026, against a 2024 launch and €15M revenue promised for 2025
- RHOVAC ApSPivoted
Denmark · June 2019
Staff fell from 2 in 2021 to 0 from 2023; the Danish unit reported no activity in 2025
- Rise Technology SrlActive
Italy · March 2022
Revenue fell from €762k in 2024 to €353k in 2025, with a €892k net loss
- Robo Technologies GmbHClosed
Austria · March 2020
Bankrupt in July 2022 with €1.4M of liabilities; the Austrian GmbH was deleted from the register in July 2024.
Netherlands · April 2019
Balance sheet fell from €1.13M at end 2020 to €8,430 at end 2023, with no staff; the BV closed in 2025
- Sakowin SASInsolvent
France · March 2022
Payments stopped on 24 March 2026; receivership from 2 April and judicial liquidation from 15 June 2026
- Saltkraft ApSDormant
Denmark · January 2020
Staff fell from 14 in 2023 to 11 in 2025; development paused and staff dismissed in January 2026
- SAMPLIX ApSActive
Denmark · January 2023
2025 gross loss of DKK 0.7M, net loss DKK 55.5M, equity minus DKK 114M; staff fell from 31 to 27.
- Sarus TechnologiesAcquired
France · June 2023
Revenue was €41,958 in 2023; 2024 revenue is not disclosed in the public ratios dataset.
Sweden · October 2021
No product sales; first human implant readiness now targeted for February 2028
- Schrott24 GmbHMerged
Austria · April 2019
Staff fell from about 50 in September 2023 to 10 at the June 2026 insolvency filing.
- Scientific Visual SAActive
Switzerland · January 2020
Investor PVA TePla wrote its 23.9% stake down to zero at the end of 2025, citing operational challenges.
- Scipio bioscienceInsolvent
France · March 2022
Judicial liquidation opened on 18 September 2024 after payments stopped on 6 September
- SEAB POWER LTDActive
United Kingdom · October 2020
Average staff fell from 11 to 3 between the 2023 and 2025 accounts; cash dropped to £8,601.
- Seaborg TechnologiesActive
Denmark · March 2022
Staff fell from 93 in 2023 to 54 in 2025 while the annual loss rose to DKK 43.4M
- SeaBubbles SASInsolvent
France · January 2019
Receivership opened in July 2025 and converted to liquidation in November 2025 after no buyer came forward.
- Seervision AGAcquired
Switzerland · March 2020
Staff fell from over 30 in October 2021 to 19 at the June 2023 sale to Q-SYS.
- SEPARATIVE SASInsolvent
France · October 2020
Liquidation opened in May 2025; the net loss grew from €0.53M in 2022 to €1.18M in 2023.
- Seventh SenseActive
Estonia · March 2022
Sales revenue of €93,430 in 2025 and four employees in the second quarter of 2026
- SIA Lightspace TechnologiesAcquired
Latvia · March 2020
Staff fell from 42 in 2022 to 28 in 2025 and turnover stayed below €0.9M a year in 2019 to 2025
- SIGNIA THERAPEUTICS SASClosed
France · January 2020
Liquidated in October 2023; the case closed in May 2024 for insufficient assets, after no Series A was announced.
- Simacan B.V.Active
Netherlands · June 2019
Staff fell from 51 in the 2022 accounts to 40 in 2024 and 2025; equity fell 19% in 2025.
Spain · October 2021
Pilot line of 100 pairs a day; annual sales below €500,000 per register data
Spain · April 2019
Register puts turnover under €500K; in 2024 the business was sold to Numintec as a unit
- SMART IMMUNEInsolvent
France · January 2023
Entered receivership in March 2025 and liquidation in June 2025; assets sold for €250,000.
- Smart4Diagnostics GmbHInsolvent
Germany · October 2019
Filed for insolvency in December 2023 with 25 staff, seven months after a €3.6M bridge round
- Smarterials Technology GmbHDormant
Germany · June 2019
No funding round since the 2021 seed and no launch of the gloves promised for 2025 found by October 2026
Belgium · October 2019
Equity fell from €817,706 in 2021 to minus €1,650,668 in 2024; bankrupt in June 2026
- SOLARGAPS LLCUnknown
Ukraine · January 2019
US parent's revenue fell from $49,878 in 2020 to $19,853 in 2022, with a $524,015 loss in 2022
- SolasCure LimitedActive
United Kingdom · June 2023
Staff fell from 12 to 9 between 2023 and 2026, and cash dropped to £113,155 in June 2026.
- SOMAPROBES SLInsolvent
Spain · March 2020
Declared insolvent without assets in July 2024; its website was disabled by August 2024
- Sonovia LtdPivoted
Israel · April 2019
Equity fell from NIS 19.9M in June 2024 to NIS 2.2M in June 2026; 6 staff listed in 2026
- Sooma OyActive
Finland · March 2020
Revenue fell from €1.57M in 2022 to €1.08M in 2025 while the operating loss grew to €2.26M
- Sorek Medical Systems LtdDormant
Israel · June 2019
Last annual report filed for 2023; flagged a violating company and its website offline by 2026.
- SPARTHA MEDICAL SASInsolvent
France · October 2021
Turnover not disclosed in 2024 accounts; company reported trial preparations; judicial reorganization opened Aug 2026
- SPECSHELL ApSClosed
Denmark · June 2019
Equity fell to DKK -8.44M in the 2021 accounts; bankruptcy followed in November 2022.
- Spectro Inlets ApSActive
Denmark · June 2021
Staff fell to 6 and equity to DKK 2.98M in the 2025 accounts
- SPIKA TECH, S.L.Active
Spain · October 2021
No CE mark or launch found in sources reviewed 4 Nov 2026; register data put sales under €500,000 a year
- STAC TechnologyInsolvent
Denmark · October 2021
Declared bankrupt on 21 May 2024 before the project ended; CORDIS marks it closed with no public results report.
- Stream Analyze Sweden ABActive
Sweden · June 2022
Turnover fell from SEK 14.9M in 2024 to SEK 2.6M in 2025 with a SEK 20.5M loss and 14 staff
- Streem.ai GmbHClosed
Germany · March 2020
Insolvency opened in January 2024; the company was struck off the register as assetless in March 2025
- STRINGBIKE Kft.Closed
Hungary · January 2019
Net revenue of HUF 3.291M (€9,013) in its last filed accounts, for 2020; zero staff in 2025.
- SVELTEDCA PARTNERS S.R.L.Insolvent
Romania · May 2020
Staff fell from 7 to 2 in the 2023 accounts; insolvency opened in February 2025
- Synergia Medical SAActive
Belgium · June 2022
Staff fell from 21.7 to 11.7 FTE in 2023-2025; 2025 loss €8.0M with equity down to €3.0M
- Synovance SASInsolvent
France · June 2021
Receivership on 9 July 2025 and liquidation from 22 July 2025
- Syntach ABClosed
Sweden · October 2021
Ceased operations in July 2023 after failing to raise capital, per CORDIS; no preclinical or clinical trials started
- TANAZA S.P.A.Unknown
Italy · April 2019
Revenue fell from €2.25M in 2022 to €410,840 in 2024; 4 employees listed, against 18 in 2019
- Tarsier Pharma LtdActive
Israel · June 2019
2026 IPO filing shows three full-time staff, $2.0M cash at end-2025 and going-concern doubt
- TECNO ITALIA SRLAcquired
Italy · May 2020
Successor Tecno Italia Digital's revenue fell from €4.02M in 2022 to €2.93M in 2023, with a loss
- TESSARES SAClosed
Belgium · October 2019
Lost €3.28M in 2023, handed its activities to Wavenet in June 2024 and was dissolved in February 2026
- TF-Technologies A/SAcquired
Denmark · January 2019
Gross profit DKK 14.02M in 2024/25 against 14.68M in 2018/19, with a DKK 2.65M net loss in 2024/25
- The HabLab ApSActive
Denmark · March 2020
Average staff fell from 7 in 2020/21 to 0 in 2023/24 and 2024/25; product assets written to zero in 2022/23
- The Kobi Company BVClosed
Belgium · January 2019
Staff averaged 9.6 FTE in 2023 against 125 planned; Bosch dissolved the company in December 2024.
- Thericon GmbHInsolvent
Germany · March 2022
Provisional insolvency administrator appointed by the Mannheim court on 26 March 2024
- Toposens GmbHAcquired
Germany · January 2020
Filed for insolvency in November 2022 with 24 staff; successor Meysens got an insolvency court order in November 2024.
- TRAMETO LIMITEDClosed
United Kingdom · April 2019
Staff fell from 8 to 3 between the 2022 and 2024 accounts; liquidation began in January 2025
- TRANSMETRICS ADActive
Bulgaria · October 2019
Register data via finansi.bg show revenue down 10.6% in 2025 and 31 staff now, against 39 average insured in 2023
- Tripleye GmbHInsolvent
Germany · June 2022
In insolvency proceedings in 2026; administrator agreed a €5,000 sale of IP rights under a 12 May 2026 contract
- Turbulent NVAcquired
Belgium · April 2019
Average staff fell from 6.9 FTE in 2020 to 4.9 in 2025; losses of €1.72M in 2024 and €1.94M in 2025
- Tusti B.V.Insolvent
Netherlands · May 2020
Declared bankrupt on 13 December 2024, nine months after its EIC project ended
- Twinsity GmbHClosed
Germany · March 2023
Beneficiary entered liquidation in October 2025 with €68,227 equity at end of 2024.
- Unique Entertainment Experience SASInsolvent
France · October 2021
The company said it could no longer sustain the app; judicial liquidation opened October 2025
- UPMEM SASInsolvent
France · June 2021
Receivership in October 2024 and liquidation from July 2025
- UVERA SPÓŁKA AKCYJNAActive
Poland · May 2020
Deleted its Spanish and Gutkowo branches from the register in October 2024
Sweden · June 2019
Bankrupt in January 2021 with about 20 staff after Region Skåne and Västra Götaland ended its contract
- Vascular Biogenics LTDUnknown
Israel · October 2021
OVAL did not meet its primary endpoints; successor Notable Labs filed voluntary Chapter 7 petitions in October 2024
- Vatorex AGClosed
Switzerland · May 2020
Bankrupt in May 2025 with at most CHF 12,000 of assets, per the bankruptcy office.
- Ventinova Medical B.V.Closed
Netherlands · March 2020
Revenue fell from €2.95M in 2020 to €0.74M in 2022; bankrupt in June 2023 with 12 staff left
- Vésale Bioscience SPRLActive
Belgium · October 2022
Turnover of €22,546 in 2025 with a €2.02M loss; the test had not been CE-marked
- VesselSens GmbHInsolvent
Germany · March 2022
Insolvency application 29 Dec 2025; provisional administrator 30 Jan 2026; proceedings opened 1 May 2026
- ViroGates A/SActive
Denmark · March 2020
Average staff fell from 13 in 2021 to 7 in 2025; 2025 revenue was DKK 5.3M against DKK 10.2M in 2022
- Vital Beats ApSActive
Denmark · March 2020
Average full-time staff fell from 8 in 2021 to 2 in 2025; gross profit turned negative in 2024 and 2025.
- Vivostat A/SActive
Denmark · October 2020
Average staff was 10 in both the 2019/20 and 2025/26 accounts; net profit fell to DKK 1.47M in 2025/26
- VOISEED S.R.L.Active
Italy · June 2021
Secondary account summaries report 2025 revenue of €73,600 and net loss of €901,900
- VOLTAERO SASInsolvent
France · May 2020
Receivership opened in October 2025; liquidation and asset sale to Aura Aero in June 2026.
Denmark · June 2019
UK parent staff fell from 11 to 7 in 2025 and its shareholders' funds reached minus £382,691
- Wavefoil ASClosed
Norway · May 2020
Filed for its own bankruptcy in June 2023; unsecured creditors received a 1.2341% dividend in 2024
- Wi-Charge LtdClosed
Israel · June 2021
Shut down in August 2026 after failing to raise enough to expand
- Wimao OyInsolvent
Finland · October 2019
Declared bankrupt in December 2025 after a failed restructuring; 2024 net loss of about €2.3M
- Woodio OyInsolvent
Finland · October 2020
Revenue fell 30.3% to €606,000 in 2024 with 27 staff; declared bankrupt in May 2026.
- Xenergic ABActive
Sweden · March 2022
Net sales of SEK 1.7M in 2024, down from SEK 3.0M in 2023, with a SEK 12.1M net loss
- XENIKOS BVClosed
Netherlands · October 2022
Ceased operations in March 2023 after its Phase 3 trial was stopped; Kompass lists it in liquidation.
- XENOMATIXActive
Belgium · March 2022
Gross margin fell from €4.41M to €2.93M and net loss grew to €2.15M in the year to June 2025
- XSUNActive
France · October 2019
Net loss rose to €2.59M on €264,748 of sales in 2024; court restructuring opened in 2026
- ZAPIENS TECHNOLOGIES SLUnknown
Spain · January 2019
Staff fell from over 25 in 2018 to 1 to 9 per Infoempresa; all directors resigned between 2024 and 2026
- Zigrid ABActive
Sweden · June 2023
Net sales were SEK 117,000 in 2025, its first, against SEK 13.2 million of other income.
Scaling unclear (576)
- 3BEE SRLActive
Italy · April 2019
- 3DEUS DYNAMICS SASActive
France · October 2022
- 4Silence B.V.Active
Netherlands · January 2019
- ABCDx SAActive
Spain · October 2022
- Ace Aquatec Ltd.Active
United Kingdom · June 2022
- ADIVO GMBHAcquired
Germany · October 2021
- ADJUCOR GMBHActive
Germany · March 2022
- ADVITOS GmbHActive
Germany · June 2019
- Aenitis Technologies SASActive
France · June 2021
- AGADE srlActive
Italy · October 2021
- AGRESTA S. COOP.Active
Spain · January 2019
Croatia · October 2021
- AGROBIOMICS APSActive
Denmark · March 2025
- AgroSustain SAActive
Switzerland · October 2020
Portugal · March 2022
- Aindo srlActive
Italy · October 2024
- Akara Robotics LimitedActive
Ireland · June 2021
- Alesi Surgical LtdActive
United Kingdom · October 2022
- ALIAS ROBOTICS S.L.Active
Spain · November 2023
- ALKION BIOINNOVATIONSActive
France · March 2022
- ALR Innovations LimitedActive
Ireland · April 2019
- Altiflex ApSActive
Denmark · January 2019
- ALTRATECH LIMITEDActive
Ireland · March 2024
- Altris ABActive
Sweden · October 2025
- ALVUS SRLAcquired
Italy · October 2022
- AlzeCurePharma ABActive
Sweden · October 2024
- Amapex Environement SLActive
Spain · October 2019
Turkey · October 2019
- AMPHISTARActive
Belgium · March 2025
- AMT Medical Research BVActive
Netherlands · March 2022
- Angiolutions GmbHActive
Germany · March 2023
- Antabio SASActive
France · June 2022
- Apisense sp. z o.o.Active
Poland · March 2025
- APIX ANALYTICS S.AActive
France · October 2021
- Aplagon OyActive
Finland · March 2022
- APMONIA THERAPEUTICSActive
France · March 2024
- Applied Nanolayers B.V.Acquired
Netherlands · June 2019
- AptaTargets, S.L.Active
Spain · November 2023
Ireland · June 2022
- AQUABATTERY BVActive
Netherlands · October 2021
Ireland · March 2020
- AQUILON CYL SOCIEDAD LIMITADAAcquired
Spain · January 2019
- Arboreabiofoods LDAActive
Portugal · June 2021
- ARC Marine LtdActive
United Kingdom · March 2022
- Arctic Therapeutics ehfActive
Iceland · October 2022
Greece · March 2024
- Armenta LtdActive
Israel · October 2019
- ARSPECTRA S.à r.l.Active
Luxembourg · October 2022
- ARTHEx Biotech S.L.Active
Spain · June 2022
- ASKEL HEALTHCARE OYActive
Finland · October 2021
- Assemblio GmbHActive
Germany · October 2025
- Astrape B.V.Active
Netherlands · October 2024
- Atamyo TherapeuticsActive
France · March 2024
- Atrian Medical LimitedActive
Ireland · June 2019
- ATRO Medical BVActive
Netherlands · March 2022
- ATXA Therapeutics LtdActive
Ireland · June 2022
- Augmedit B.V.Active
Netherlands · June 2022
Finland · October 2022
- AURORA SASActive
France · June 2023
France · June 2023
- AVATAR MEDICALActive
France · October 2022
- AVeta MedicalActive
Ireland · June 2021
- Aviwell SASActive
France · June 2022
- Avy B.V.Active
Netherlands · March 2020
- Axiles BionicsActive
Belgium · October 2022
- AXO SCIENCE SASActive
France · January 2020
- BAC3GEL, LDA.Active
Portugal · January 2023
- Beats Medical LimitedActive
Ireland · April 2019
Poland · January 2023
- BERIDI MARITIME, S.L.Active
Spain · May 2020
Portugal · March 2024
- BETA BUGS LIMITEDActive
United Kingdom · January 2020
Denmark · January 2023
- Bio-SourcingActive
Belgium · March 2024
- Bioinicia SLActive
Spain · April 2019
- Biosimulytics LimitedActive
Ireland · March 2023
- BioThrust GmbHActive
Germany · October 2024
Spain · October 2025
- BlinkIn GmbHPivoted
Germany · June 2022
- BLIXT TECH ABActive
Sweden · March 2024
Switzerland · April 2019
- Blue Heart Energy B.V.Active
Netherlands · June 2021
Strategic investments and public production-facility support reported; these do not establish commercial scale.
Austria · October 2022
- BLUEDROP MEDICAL LIMITEDActive
Ireland · April 2019
- Bluegrove ASActive
Norway · June 2021
- Botalys SAActive
Belgium · January 2019
- BrainCaptureActive
Denmark · October 2021
- BraineverActive
France · March 2022
- BrainQ Technologies LtdActive
Israel · October 2019
- broadbit batteries oyActive
Finland · October 2021
Spain · March 2024
- Bytelab Solutions SLActive
Spain · March 2025
- C Lindhextend ABActive
Sweden · June 2022
- C12 Quantum ElectronicsActive
France · June 2022
- CADEL RECYCLING LAB S.L.Pivoted
Spain · January 2019
- Callyope SASActive
France · October 2025
Poland · March 2022
Israel · May 2026
- Capri Medical LimitedPivoted
Ireland · October 2019
Poland · October 2024
- CARBOMINER LIMITEDActive
Cyprus · June 2023
- CarbonX BVActive
Netherlands · October 2024
- CATHVISION ApSActive
Denmark · April 2019
- Cattle Eye LtdAcquired
United Kingdom · March 2022
- Cellbox-Solutions GmbHActive
Germany · March 2023
- CeLLife Technologies OyActive
Finland · March 2025
- Celwise ABActive
Sweden · October 2025
- CephalgoActive
France · March 2023
Germany · March 2024
Austria · October 2021
- Charge2C-NewCap LdaActive
Portugal · June 2019
- Chassis Autonomy SBA ABAcquired
Sweden · October 2022
- Check Point Care LtdActive
Bulgaria · January 2023
- CHERRY BIOTECHActive
France · March 2024
- Chipiron SASActive
France · March 2024
- Cleverly, LdaAcquired
Portugal · April 2019
- CO2BioClean GmbHActive
Germany · October 2021
- Cold Pad SASActive
France · June 2021
Announced over €7M funding in June 2024; production volumes unverified and 2025 accounts report a loss
- COLOSPAN LTDAcquired
Israel · October 2021
EoCene says the US pivotal trial is active; one German hospital used the device in 2024. Sales not established.
- Compira Labs Ltd.Unknown
Israel · October 2021
- Compular ABActive
Sweden · November 2023
- Computomics GmbHActive
Germany · March 2022
- CONNECTA THERAPEUTICS SLActive
Spain · October 2024
- Contego Sports LtdActive
Ireland · June 2021
- CONTEXTFLOW GMBHAcquired
Austria · March 2020
Belgium · March 2023
- COPENHAGEN ATOMICS ASActive
Denmark · March 2025
Germany · October 2025
- Core Biogenesis SASActive
France · March 2022
- CorNeat Vision Ltd.Active
Israel · June 2021
KPro remains investigational; trial mirrors report termination. Other products do not show current commercial growth
- CORTEC GMBHActive
Germany · October 2022
- CORWAVEActive
France · January 2020
Italy · June 2019
- COVAL ENERGY BVActive
Netherlands · January 2023
Spain · October 2025
- CRANNMED LTDActive
Ireland · June 2021
Further funding and clinical development documented; neither establishes commercial sales or production scale
Israel · October 2019
- Crocus Labs GmbHActive
Germany · March 2022
- CROP INTELLECT LTDActive
United Kingdom · June 2022
- Cubicure GmbHAcquired
Austria · April 2019
- CYPHEMEActive
France · March 2020
- CYRACO GmbHActive
Germany · October 2020
- CysBio ApSActive
Denmark · May 2020
- Cyto365 ABActive
Sweden · October 2022
- DEEP Piction GmbHActive
Germany · October 2025
- DEEP RENDER LTDAcquired
United Kingdom · October 2022
- DeepKeep LtdActive
Israel · October 2024
- Deeploy B.V.Active
Netherlands · October 2024
- DELMIC CRYO BVActive
Netherlands · June 2021
Portugal · November 2023
- DENS BVActive
Netherlands · October 2021
- Deref S.p.A.Active
Italy · January 2019
- Dermagnostix GmbHActive
Germany · March 2022
Italy · March 2024
- Dimenco B.V.Acquired
Netherlands · October 2022
- DIMETOR GMBHActive
Austria · June 2023
- DiogenX SASActive
France · March 2023
- DoMore Diagnostics ASActive
Norway · November 2023
- DTE ehfActive
Iceland · March 2022
- Dunia Innovations UGActive
Germany · March 2024
- Dxcover LtdActive
United Kingdom · October 2022
- e-peas SAActive
Belgium · June 2022
- Easelink GmbHActive
Austria · October 2024
- Ebenbuild GmbHActive
Germany · March 2025
Hungary · October 2025
- EGGXYT LTDActive
Israel · April 2019
- EH Group Engineering SAUnknown
Switzerland · October 2019
- Ekkono Solutions ABActive
Sweden · October 2022
- ELEM BIOTECH SLActive
Spain · October 2022
- ELGAN Pharma Ltd.Active
Israel · June 2022
- Elicera Therapeutics ABActive
Sweden · March 2022
- Elonroad ABActive
Sweden · January 2023
- EMBEDL ABActive
Sweden · October 2022
Germany · June 2019
- Endoron Medical Ltd.Active
Israel · June 2022
- Enduro Genetics ApsActive
Denmark · October 2022
- ENERSENSActive
France · October 2021
- eNote GmbHActive
Germany · October 2021
- Ensemo GmbHActive
Austria · October 2025
- Envola GmbHActive
Germany · March 2022
Ireland · October 2021
$60M round (Jan 2026); Bell-1/RacQ installed at ESA (Jul 2026); these facts alone do not establish commercial scale
- ErVaccine TechnologiesActive
France · June 2023
- Escala Medical LTDActive
Israel · March 2023
- Esencia Foods Spain SLActive
Spain · October 2024
- Ever DyeActive
France · June 2023
- EVerZom SASActive
France · June 2021
EUR 10M financing announced in 2025 and manufacturing plans; commercial output and revenue unquantified.
- Exactmer LimitedActive
United Kingdom · October 2025
- Excess Engineering ASActive
Norway · March 2023
- ExpectedIT GmbHActive
Germany · March 2025
- EYE4NIR srlActive
Italy · March 2024
Israel · March 2020
- Eyelights SASActive
France · June 2022
- Eyescanner Technology Sweden ABAcquired
Sweden · October 2022
- EZMEMS LtdActive
Israel · March 2022
Germany · April 2019
- FaradaIC Sensors GmbHActive
Germany · October 2022
Spain · November 2023
- Fifth Innovation OyActive
Finland · October 2024
- FILTERLEX MEDICAL LTDUnknown
Israel · June 2019
- FineHeart SAActive
France · June 2022
- FLASC B.V.Active
Netherlands · November 2023
- Flexofibers Europa S.LActive
Spain · October 2022
- Floatech SLActive
Spain · October 2025
Italy · October 2025
- FluIDect GmbHActive
Germany · October 2024
- FluoGuide A/SActive
Denmark · January 2020
- FOLLOWHEALTH SLActive
Spain · June 2021
- FononTech Holding B.V.Active
Netherlands · March 2024
- FREEZEM CRYOGENICS LTDActive
Israel · October 2021
Germany · March 2022
- Ganymed Robotics SASActive
France · June 2021
€36M financing announced in 2022-23; R&D and support headcount grew; commercial scale is unverified
- GARBO S.R.L.Active
Italy · April 2019
- Gate2brain S.L.Active
Spain · October 2022
- GATT Technologies BVAcquired
Netherlands · October 2021
- GBM Works B.V.Active
Netherlands · June 2022
- GEDEA BIOTECH ABActive
Sweden · November 2023
- GeneCode ASActive
Estonia · March 2023
- GENERA ISTRAZIVANJA DRUSTVO S OGRANICENOM ODGOVORNOSCU ZA PROIZVODNJU BIOTEHNOLOSKIH PROIZVODAActive
Croatia · March 2024
- GenetikaPlus LtdActive
Israel · March 2022
- GENOME BIOLOGICS UGActive
Germany · October 2021
- Geowox LimitedActive
Ireland · October 2019
- Geyser Batteries OyActive
Finland · March 2025
- Giskard AI (SAS)Active
France · March 2023
Switzerland · April 2019
- GlucoModicum OyActive
Finland · June 2021
Staff grew to 52 in 2025 accounts; commercial product sales remain unverified.
- GlucoSet ASActive
Norway · June 2022
- GLYCANOSTICS SROActive
Slovakia · June 2021
- Go Green FoodTech LtdActive
Israel · March 2020
- GO-Pen ApSActive
Denmark · June 2022
- Golana Computing SASActive
France · October 2025
United Kingdom · October 2022
- GRAPHEAL SASActive
France · October 2025
- GrayMatters Health LTDActive
Israel · October 2021
- Green Spot TechnologiesActive
France · October 2021
- GrOwnValve GmbHActive
Germany · June 2021
- HBOX Therapies GmbHActive
Germany · June 2023
- Headmade MaterialsActive
Germany · October 2021
- Hemispherian ASActive
Norway · June 2022
- HEPHAISTOS-PHARMAActive
France · June 2023
- HERANTIS PHARMA OYJActive
Finland · October 2022
- HeyCharge GmbHActive
Germany · October 2025
- HighLine Technology GmbHActive
Germany · June 2022
- Hoba Therapeutics ApSActive
Denmark · June 2021
€23M Series A in December 2023
- Holloid GmbHActive
Austria · October 2024
- Hooke Bio LtdActive
Ireland · March 2023
- HPCC System srlActive
Italy · March 2023
- Hy2Care BVActive
Netherlands · March 2022
- Hybrid Lidar Systems AGActive
Germany · January 2023
- Hydrumedical, S.A.Active
Portugal · March 2023
- HYLOMORPH AGPivoted
Switzerland · October 2019
- Hypermine Global OyActive
Finland · October 2025
- ICON Photonics SASActive
France · May 2026
- IDloop GmbHActive
Germany · October 2022
Spain · April 2019
Portugal · January 2023
- Immunethep S.A.Active
Portugal · June 2022
- Impact Biotech Ltd.Active
Israel · March 2024
- IMSystems Holding B.V.Active
Netherlands · June 2022
Spain · October 2022
- Infinite Orbits SASActive
France · October 2022
Spain · January 2019
- Ingenious Membranes S.L.Active
Spain · March 2024
- innosabi GmbHAcquired
Germany · June 2019
- Innovation & Safety S.L.Active
Spain · January 2019
Netherlands · June 2019
- Innoventric LtdActive
Israel · June 2021
Financing and feasibility enrollment show progress; sources reviewed do not establish commercial sales growth
- Inossia ABActive
Sweden · January 2023
- inphocal BVActive
Netherlands · October 2022
- InProTher ApSActive
Denmark · June 2021
$11.7M Series A in December 2024 led by Serum Institute of India
- Inreda Diabetic B.V.Active
Netherlands · October 2025
- INSPEKActive
France · March 2024
Spain · March 2024
Sweden · June 2021
- Intelligent NLU GmbHActive
Austria · October 2022
- InterAx Biotech AGActive
Switzerland · June 2019
- Inventivio GmbHPivoted
Germany · October 2020
- InVera Medical LimitedActive
Ireland · March 2022
- INVITRISActive
Germany · October 2024
- iOnctura BVActive
Netherlands · October 2022
- IonKraft GmbHActive
Germany · October 2022
- IOS d.o.o.Active
Slovenia · June 2022
- J&C Bachmann GmbHActive
Germany · October 2019
- JAXBIO TECHNOLOGIES LTDActive
Israel · March 2024
- K | Lens GmbHActive
Germany · January 2020
- Kaffe Bueno ApSActive
Denmark · June 2021
Record net loss of DKK 21.8M in 2025 and equity down two thirds in two years
- Kern Tec GmbHActive
Austria · October 2022
- Kido Dynamics SAActive
Switzerland · April 2019
- KINNOV THERAPEUTICSActive
France · April 2019
- KITEMILL ASActive
Norway · June 2019
- KLEARIAActive
France · March 2022
- Kore Metals S.à r.l.Active
Luxembourg · May 2026
- kraftwerk TUBES GmbHUnknown
Germany · January 2019
- Kvasir Technologies IVSActive
Denmark · March 2022
- LACLAREEActive
France · March 2024
- LAM'ONActive
Bulgaria · October 2021
Germany · March 2024
- LATITUDEActive
France · March 2024
- leitspalt GmbHActive
Germany · October 2025
- Level Nine Labs GmbHActive
Germany · May 2026
- Levistor LtdActive
United Kingdom · June 2022
- LIBERDI LTDUnknown
Israel · April 2019
- Ligence UABActive
Lithuania · October 2021
- LIGHTNTEC GMBHActive
Germany · June 2019
- LightSolver LtdAcquired
Israel · March 2024
- Ligneasy OyActive
Finland · March 2023
- Lili.aiActive
France · October 2021
- Lithos Crop Protect GmbHActive
Austria · June 2019
Ireland · March 2022
- LUBIS EDA GmbHActive
Germany · March 2023
- Lumi Space LtdActive
United Kingdom · March 2023
- Luminescent Solar PowerActive
Israel · October 2024
Hungary · June 2023
- Magdrive LtdActive
United Kingdom · October 2021
- MAGMENT GmbHInsolvent
Germany · October 2021
CORDIS reports a demonstrator; sources reviewed show no customer deployment. Insolvency proceedings opened April 2026.
- Magneto B.V.Active
Netherlands · March 2023
Israel · October 2024
- MagnoTherm SolutionsActive
Germany · October 2021
Netherlands · May 2026
- MaterrupActive
France · June 2022
- MaxiVAX SAPivoted
Switzerland · June 2019
- MECAWARE SASActive
France · October 2025
- MEDICSENSORS SLActive
Spain · January 2023
- Methinks Software S.L.Active
Spain · June 2022
- MetisMotion GmbHActive
Germany · October 2024
- METOMOTION LTDUnknown
Israel · June 2019
Netherlands · April 2019
- Microfy Systems SLPivoted
Spain · January 2019
Spain · June 2019
- MiMARK Diagnostics, S.L.Active
Spain · March 2023
- Minalyze ABAcquired
Sweden · October 2021
- Minima Processor OyAcquired
Finland · June 2021
- MIWA Technologies, a.s.Active
Czechia · October 2021
- MOA BIOTECH SLActive
Spain · October 2024
- MODE SENSORS ASActive
Norway · October 2020
- MOI COMPOSITES SRLActive
Italy · November 2023
- Molecular Attraction ABActive
Sweden · March 2023
- MULTI4 MEDICAL ABActive
Sweden · March 2024
- MultiCharge OÜActive
Estonia · June 2021
United Kingdom · March 2022
- Mushlabs GmbHActive
Germany · March 2022
- MYBIOTICS PHARMA LTDUnknown
Israel · October 2019
- MYOPAX GMBHActive
Germany · October 2024
- NANO-TECH SPAActive
Italy · June 2023
- NANO4IMAGING GMBHActive
Germany · October 2022
- NANOMAKERSActive
France · June 2019
- Nanopower ASActive
Norway · June 2023
- Nanovel LtdActive
Israel · October 2025
- NC Biomatrix BVActive
Netherlands · October 2022
- NEBUMA GmbHActive
Germany · June 2021
- NECTIN THERAPEUTICSActive
Israel · November 2023
- Nemysis LimitedActive
Ireland · January 2023
- NEOGAP Therapeutics ABActive
Sweden · March 2023
- NEOS SURGERY SLActive
Spain · October 2020
- NESTWAVE SASAcquired
France · January 2020
- NeuReality LTDActive
Israel · March 2023
- Neurescue ApSActive
Denmark · October 2024
- NEURINNOV SASActive
France · October 2025
- NeuronSW SEActive
Czechia · June 2022
- Neutrality SàrlActive
Switzerland · October 2025
- NewPhotonics LtdActive
Israel · June 2022
- Newronika SPAActive
Italy · October 2022
- Newrotex LimitedActive
United Kingdom · March 2023
- NEXDOTActive
France · October 2022
Spain · May 2020
Netherlands · October 2021
- NIMBLE DIAGNOSTICS SLActive
Spain · June 2023
- Noah Labs GmbHActive
Germany · October 2024
- Nobula3D ABActive
Sweden · January 2023
- NoPalm Ingredients BVActive
Netherlands · March 2024
- Nordic Bio-Graphite ABActive
Sweden · March 2025
- NovelradActive
Israel · November 2023
- Novostia SAUnknown
Switzerland · October 2019
- Nowi B.V.Acquired
Netherlands · June 2022
- NUADA, S.A.Unknown
Portugal · April 2019
- NUVENTURA GMBHAcquired
Germany · March 2022
- nyris GmbHActive
Germany · June 2021
- O11 biomedical GmbHActive
Germany · November 2023
- Ocean Grazer B.V.Insolvent
Netherlands · January 2023
- Ocean Oasis ASActive
Norway · October 2021
- Ocean Visuals ASActive
Norway · November 2023
- Oils4cure S.L.Active
Spain · March 2023
- Oivi ASActive
Norway · June 2022
- OkinLab GmbHActive
Germany · January 2019
- Oledcomm SASActive
France · June 2021
- Oligofeed SASActive
France · March 2025
- OminiActive
France · March 2024
Israel · January 2019
Iceland · May 2020
- OrixhaActive
France · June 2022
Austria · January 2019
- Ostoform LimitedActive
Ireland · January 2019
- OSYPKA AGActive
Germany · October 2019
- Oxford Heartbeat LtdActive
United Kingdom · May 2026
- OXOLIFE S.L.Active
Spain · October 2025
- PanntherapiActive
France · March 2023
- PARAGATE MEDICAL LTDActive
Israel · April 2019
- PCUBE-LABActive
Belgium · October 2022
- PEPTINOV SASActive
France · June 2023
- PEPTOMYC SLActive
Spain · April 2019
Ireland · June 2022
France · March 2022
- Perovskia Solar AGActive
Switzerland · May 2026
- Perseus Biomics BVActive
Belgium · June 2021
Reported losses and liabilities increased; the reviewed sources do not establish annual profiling volumes
- Pertinent eco-solutionsActive
France · November 2023
- PFx Biotech LdaActive
Portugal · October 2024
- PharmNovo ABActive
Sweden · March 2024
- PhoneOptika LtdUnknown
Israel · June 2022
- PhosPrint SAActive
Greece · June 2022
Spain · May 2020
- Photosynthetic B.V.Active
Netherlands · March 2025
Switzerland · April 2019
- PLANT-E BVActive
Netherlands · June 2021
- PlantSea LtdActive
United Kingdom · October 2025
- PLAS-FREE LTDActive
Israel · October 2021
- plasmotion GmbHActive
Germany · March 2025
- PlenesysActive
France · March 2023
Spain · November 2023
- POLYFLY SLActive
Spain · January 2023
- Polymertal LtdActive
Israel · March 2020
- Porous GmbHActive
Germany · June 2022
- PRECISIONLIFE LTDActive
United Kingdom · October 2024
- PRECISIS GMBHActive
Germany · October 2022
- PREDISURGEActive
France · March 2022
- Pregnolia AGActive
Switzerland · April 2019
- PREMIUM FERTILITYActive
Spain · October 2024
- ProArc Medical LtdActive
Israel · April 2019
- PROVERUM MEDICALActive
Ireland · January 2020
First US commercial procedures announced in January 2026; sources reviewed show no sales volumes or revenue growth
- Provizio LimitedActive
Ireland · March 2020
Spain · January 2019
Italy · January 2019
- PYDRO GMBHActive
Germany · October 2021
- QuandelaActive
France · June 2022
- Quantamap B.V.Active
Netherlands · October 2025
- Quantib B.V.Acquired
Netherlands · March 2020
- QuantPi GmbHActive
Germany · June 2023
- QuantrolOx Finland OyActive
Finland · June 2022
Israel · March 2024
- Quanturi OyActive
Finland · June 2022
- QUBEDOT GMBHActive
Germany · November 2023
France · June 2021
- QUSIDE TECHNOLOGIES SLActive
Spain · June 2023
- RadonTec GmbHActive
Germany · June 2021
- RaidiumActive
France · March 2024
- Rarearth S.r.l.Active
Italy · May 2026
Sweden · May 2026
- Reblade ApSActive
Denmark · October 2022
- Recurvia LtdActive
United Kingdom · May 2026
- regeneration bvbaActive
Belgium · March 2022
- Releaf Paper France SASActive
France · October 2022
- Remedy Biologics LimitedActive
Ireland · March 2020
- ReophotonicsActive
Israel · March 2024
- Resistell AGActive
Switzerland · March 2020
- RESOTHER PHARMA APSActive
Denmark · June 2023
- Restored Hearing LimitedActive
Ireland · January 2019
Switzerland · October 2019
- RheEnergise LimitedActive
United Kingdom · March 2025
- Risutec OyActive
Finland · June 2021
Staff fell from 19 in 2023 to 5 in 2025, with an operating loss in 2025
- ROBOTWIN SROActive
Czechia · March 2025
- ROKA FURADADA SLActive
Spain · June 2021
- RooflineAI GmbHActive
Germany · March 2025
Portugal · June 2021
- Runecast Solutions LimitedAcquired
United Kingdom · April 2019
- S-Biomedic NVAcquired
Belgium · October 2019
Italy · June 2022
- SAALG Geomechanics SLActive
Spain · March 2022
- Sabi Agri SASActive
France · June 2021
Company reports nearly 150 vehicles in service; confidential revenue prevents verification of sales growth.
- SagaNatura ehf.Merged
Iceland · January 2019
- SAIA AGROBOTICS BVActive
Netherlands · October 2022
- Salience Labs LtdPivoted
United Kingdom · June 2022
- SAN HITECH LTD.Active
Israel · January 2019
Austria · January 2020
- SAVEGGY ABActive
Sweden · October 2024
- ScanTrust B.V.Active
Netherlands · October 2022
- Scienta Lab SASActive
France · March 2025
Germany · October 2021
Portugal · June 2023
- SELERYSActive
France · June 2019
- Selio Medical LimitedActive
Ireland · March 2022
- SEMRON GmbHActive
Germany · October 2024
- Senecio LtdActive
Israel · May 2020
- Sensity B.V.Active
Netherlands · May 2026
- SENSIUS B.V.Active
Netherlands · June 2021
EUR 15M funding round announced in June 2025; company states products remain in development and not yet for sale.
- Sensmet OyActive
Finland · October 2025
- SENSOCURE ASActive
Norway · March 2020
- SentryX B.V.Active
Netherlands · January 2023
- Seqana GmbHActive
Germany · June 2021
€3.2M funding round in June 2026 after a €2.1M seed in 2024
Poland · March 2023
- SIA Naco TechnologiesActive
Latvia · January 2023
- Sierra Medical Ltd.Active
United Kingdom · June 2022
- Sightec (Israel) Ltd.Active
Israel · October 2021
Sightec claims 4,000+ NavSight installs; A$8.5m pre-IPO initial close (Oct 2026); end users not disclosed.
- Silexica GmbHAcquired
Germany · January 2019
- SILK BIOMATERIALS SRLActive
Italy · November 2023
- SiriusXT LimitedActive
Ireland · March 2020
- SKYFORA OYActive
Finland · October 2022
- Skypuzzler ApSActive
Denmark · March 2024
- Smart Farm Robotix OODActive
Bulgaria · November 2023
- Smartlane GmbHActive
Germany · June 2021
- Soihtu DTx OyActive
Finland · May 2026
Netherlands · June 2022
- SolMateS B.V.Acquired
Netherlands · January 2019
- SolmeyeaActive
Greece · March 2024
- SONIOAcquired
France · October 2022
Turkey · January 2020
Israel · March 2024
- SPECTRONITEActive
France · October 2025
- Spherical Systems B.V.Active
Netherlands · March 2024
France · May 2026
- SquareMind SASActive
France · June 2021
USD 18M financing announced; UniHA supplier listing supports market access but does not quantify sales.
- STAR TRIC SRLActive
Italy · October 2024
- Stentit B.V.Active
Netherlands · March 2023
- STIL B.V.Active
Netherlands · January 2023
- SUBLIME ENERGIE SASActive
France · March 2025
- Sunrise SAActive
Belgium · June 2021
Total funding reached $58M by September 2025, after buying Dreem Health in 2024
Sweden · October 2024
- SusPhos B.V.Active
Netherlands · June 2022
- Swiss Vault Systems GmbHActive
Switzerland · March 2020
- SwissDeCode SAPivoted
Switzerland · March 2020
- Symphera GmbHActive
Germany · March 2025
- Syntoil S.A.Active
Poland · May 2020
Ireland · June 2019
- TALIAZ LTDPivoted
Israel · April 2019
- Tampon Innovations LtdActive
Bulgaria · January 2023
- TANGI0 LTDActive
United Kingdom · June 2022
- TARGTEX SAActive
Portugal · June 2023
Ireland · January 2023
- TELLSPEC LTDActive
United Kingdom · June 2019
- TENSIVE SRLActive
Italy · October 2022
Denmark · October 2024
- Tewer Engineering SLActive
Spain · June 2019
- THERMO SIV LTDUnknown
Israel · January 2019
- THIRONA BVActive
Netherlands · March 2023
- Tilkal SASActive
France · June 2022
- TILT BIOTHERAPEUTICS OYActive
Finland · March 2022
- TIME IS BRAIN S.L.Active
Spain · October 2022
- TM System Finland OyActive
Finland · October 2021
- Tomapaint SrlActive
Italy · May 2020
- TOOPI ORGANICSActive
France · June 2023
- Tracebloc GmbHActive
Germany · October 2024
- Treble Technologies ehfActive
Iceland · June 2022
- Trisol Medical LtdActive
Israel · October 2019
- Tucuvi Care SLActive
Spain · June 2022
Austria · March 2025
Spain · October 2022
- UNBLUR SLActive
Spain · May 2020
Spain · October 2025
- USound GmbHActive
Austria · January 2019
- VALCUN BVActive
Belgium · June 2023
- VALUEBIOTECH SRLActive
Italy · October 2022
- VANEVO GmbHActive
Germany · June 2022
- Variolytics GmbHActive
Germany · October 2022
- Vaultree LimitedActive
Ireland · October 2022
- VAXDYN SLActive
Spain · March 2024
- VCG.AI GmbHActive
Germany · March 2024
- Veoware BVActive
Belgium · June 2021
Record gross margin in 2025 and 20.4 full-time staff in the 2025 accounts
- Veridi Technologies BVActive
Netherlands · October 2024
- Versono Medical LimitedActive
Ireland · January 2023
- Vetex Medical LimitedAcquired
Ireland · April 2019
- VIDEANTIS GMBHAcquired
Germany · June 2023
- VIEW POINT SAActive
France · June 2019
Israel · October 2022
- vorteX.ioActive
France · January 2023
- VoxelSensors BVActive
Belgium · October 2024
- Water Challenge SLActive
Spain · October 2022
- WATGRID LDAAcquired
Portugal · April 2019
- Wave Photonics Ltd.Active
United Kingdom · March 2023
Netherlands · March 2020
- Wingtra AGActive
Switzerland · October 2020
- WOOPTIX S.L.Active
Spain · October 2021
- X-trodes LtdActive
Israel · March 2023
- Xelera Technologies GmbHActive
Germany · June 2022
- YonaLink LtdActive
Israel · October 2021
- Yoran Imaging LtdActive
Israel · October 2020
- Zero Point Motion LtdActive
United Kingdom · March 2023
- Zparq ABActive
Sweden · March 2025
- ZUMA INNOVATION SLDormant
Spain · January 2020
- ZYGOFIX LTDUnknown
Israel · June 2021
Trendlines: US$2M funding in FY2025, 49.71% held at 11 Mar 2026, portfolio lists ZygoFix exited; scale unresolved.