June is usually a month most people like as it’s the beginning of the summer and it usually means holidays. However, for European deep-tech entrepreneurs and startups, June is also special because of the second EIC Accelerator cut-off.
The results of the second EIC 2022 call have been recently announced:
- From a total of 986 proposals submitted, 232 reached the interviews and 75 of them were approved.
- Total funding amounts to €400 million combining grants and equity investments.
- Blended finance has been the most requested financing type (65%).
EIC Accelerator June 2022 statistics and success rates
As usual, the EIC Accelerator June 2022 was highly competitive and, from 986 applications, only a total of 75 companies were successful. 23.53% of the applications were successful in the step 2 evaluation, and this percentage slightly increased in step 3 to 32.33% (interview stage). The combined success rate of steps 2 and 3 was therefore 7.61%.
The success rates according to the financing type are as follows:
- Blended-finance: A total of 638 applications requested blended finance as financing type (65%), and the number of approvals amounted to 43 (6.74% success rate).
- Grant-first: it was the second most requested type (19%, 190 applications), with 24 approved (12.63% success rate).
- Finally, grant-only gathered 158 applications (16%) and the approvals amounted to 8 (5.06% success rate).
As blended finance and grant first have been the main options of funding chosen by companies, it shows a strong demand for EIC equity investments, which will be made through the already fully operational EIC Fund. The following chart summarizes the EIC winners June 2022 per application type:
In this cut-off, the geographic profile of the selected companies spread across 21 countries. The top 3 countries with regard to the number of selected companies are France (17%), Germany (10%), and the United Kingdom (9%), while Czechia, Estonia, Greece, Iceland, Romania and Slovenia (1%) are the countries with the fewest applications accepted.
The table below shows the full list of winners including Levistor, a company Strata has the privilege to support in their EIC journey:
| Company Name | Proposal Acronym | Short Description | Recommended Financing Type | Website | Country |
| AVVie GmbH | The Angelvalve Project AVVie | Advancing Transcatheter Mitral Valve Repair | Grant first | https://angelvalve.com/ | Austria |
| LITHOS CROP PROTECT GMBH | Micro Dispensers for sustainable plant protection | Using mineral carriers for pheromones to apply the ecologically friendly mating disruption method for protecting crops against pests on a large scale | Blended finance | www.lithosprotect.at | Austria |
| Alpine Quantum Technologies GmbH | QCDC | Quantum Computers for Data Centers | Blended finance | www.aqt.eu | Austria |
| Celeris Therapeutics GmbH | CelerisTx – Celeris One Platform | Closed-loop deep learning in early-stage drug discovery – cloud platform for targeted protein degradation | Blended finance | https://celeristx.com | Austria |
| BEEODIVERSITY | BeeOimpact | From Bees as a Service (BaaS) to Software as a Service (SaaS) to enhance biodiversity and reduce pollution | Blended finance | https://beeodiversity.com/en/ | Belgium |
| E-PEAS | EPEAS | Leading the way to energy autonomous edge computing | Blended finance | https://e-peas.com/ | Belgium |
| SYNERGIA MEDICAL | NAO.VNS | NAO.VNS: A New Personalized Neural Stimulation Therapy For Drug-resistant Epilepsy | Grant first | https://www.synergia-medical.com/ | Belgium |
| NeuronSW SE | Neuron Soundware (NSW) | Neuron Soundware: detecting machine failures early combining sound, AI and IoT technologies | Blended finance | https://www.neuronsw.com/ | Czechia |
| GO-Pen ApS | GO-Pen | The first universal and price-neutral insulin pen | Grant first | http://go-pen.net/ | Denmark |
| Abzu ApS | HCAI4ALL | Human-Centric AI platform for heALth and Life sciences | Grant first | https://www.abzu.ai | Denmark |
| Nanordica Medical OÜ | NANOWOUND | Antibacterial wound dressing based on advanced nanotechnology to improve the efficiency of wound care | Grant first | https://nanordica.com/ | Estonia |
| Quanturi Oy | HAYTECH AI | Hay data analytics & fermentation control to increase dairy farm milk yield | Blended finance | https://quanturi.com | Finland |
| PAPTIC OY | FlexFoam | Sustainble alternative to flexible packaging | Blended finance | www.paptic.com | Finland |
| QuantrolOx Finland Oy | qx | Automating quantum control with machine learning | Blended finance | https://quantrolox.com/ | Finland |
| GREENOV-ITES | SEALENCE | Sub Sea Quieter, a disruptive, low cost and highly efficient Noise Mitigation System for reducing MRE installation noise and turbidity impacts on underwater ecosystems | Grant first | https://www.linkedin.com/company/gre enov-fr/ | France |
| C12 Quantum Electronics | HiFiQC | High-Fidelity Quantum Computing with Carbon Nanotubes | Grant first | https://www.c12qe.com/ | France |
| EYELIGHTS | Vision – Augmented Reality Windshield Display | Next Generation Augmented Reality technology to improve car safety and driving experience | Blended finance | https://eye-lights.com/en | France |
| MELETIOS Therapeutics | FLUIDITY | Fighting Large-Scale Untreated Infectious Diseases with Innovative Treatments | Blended finance | https://meletiostx.com/ | France |
| FINEHEART | FLOWMAKER | Saving patients from severe heart failure | Blended finance | http://fineheart.fr | France |
| TILKAL | tilkal | Next Generation Blockchain-based Supply Chain Traceability & Transparency Platform | Blended finance | https://www.tilkal.com/ | France |
| Antabio SAS | sbli-ant3310 | A novel combination treatment effective against all multidrug-resistant pathogens deemed as a critical priority by the WHO | Blended finance | https://antabio.com/ | France |
| METAFORA BIOSYSTEMS | METAflow | Development and validation of the first digital, clinical grade flow cytometry platform for enhanced diagnosis accuracy and sustainability in immunology and hemato oncology | Blended finance | www.metafora-biosystems.com | France |
| ORIXHA | Luncolive | Saving Cardiac Arrest Patients with Hypothermic Lung Conservative Liquid Ventilation | Blended finance | www.orixha.com | France |
| CENTRE DE RECHERCHE ET DE DEVELOPPEMENT DES ANATIDES DU COURTALET (Aviwell SAS) | Aviwell | Development and validation of Direct-Fed Microbials for farm animals to improve animal growth and better nourish the planet | Blended finance | https://www.aviwell.fr/en/ | France |
| QUANDELA | sepoqc | Scalable Entangled-Photon based Optical Quantum Computers | Blended finance | https://www.quandela.com/ | France |
| QARNOT COMPUTING | LoCaCloud | Low Carbon Cloud | Blended finance | www.qarnot.com | France |
| MATERRUP | Clayment – Clay cement for massive CO2 reduction | Clayment – Clay cement for massive CO2 reduction | Grant first | https://www.materrup.com | France |
| Porous GmbH | NonInvasive Cortical Bone Microstructure Analysis | A Health Technology Assessment of a breakthrough technology in the early diagnosis of Osteoporosis and other bone related diseases | Blended finance | www.porous.care | Germany |
| Tripleye GmbH | COP System | COP (Circular Optical Perception): A next generation high level sensing system to enable safe and high level automation of industrial vehicles. | Blended finance | https://www.tripleye.com | Germany |
| Xelera Technologies GmbH | DYRA | Dynamic High-Performance Open Radio Access Network Technology | Grant first | https://xelera.io | Germany |
| BlinkIn GmbH | BlinkIn Visual Assistant – June 2021 | BlinkIn Visual Assistance – Defining a new category of automated visual support towards to a visual AI Operating System for Europe (not Siri/Alexa). Our moonshot is to “Give the world a Help Button”. | Blended finance | www.blinkin.io | Germany |
| ReActive Robotics GmbH | VEMOtion | Assistive Medical Robotics for Very Early Mobilization of Critical Care Patients | Blended finance | https://www.reactive-robotics.com/home/ | Germany |
| FarmInsect GmbH | FarmInsect | Automated turnkey insect rearing farm. Enabling farmers to produce their own sustainable insect protein feed | Blended finance | www.farminsect.eu | Germany |
| HighLine Technology GmbH | HighLine | Fine Line Dispensing Process to apply Narrow Metal Contacts onto Solar Cells | Blended finance | https://highline-technology.com | Germany |
| VANEVO GmbH | Clean(S)tack | Automated production process for next-level redox flow battery stacks and modules following a revolutionary different and cost-optimised production approach | Grant first | https://www.vanevo.de/ | Germany |
| PHOSPRINT IDIOTIKI KEFALAIOUXIKIETAIREIA | Laser bioprinting device and in vivo applications | Laser bioprinting device and in vivo applications | Grant first | www.phosprint.eu | Greece |
| Treble Technologies ehf | Treble | The virtual sound platform of the future | Blended finance | https://treble.tech/ | Iceland |
| ATXA THERAPEUTICS LTD | PAH-Advance | PAH-ADVANCE: Accelerating the Clinical Path of NTP42, a disease-modifying drug that will disrupt the future treatment of cardiopulmonary diseases, including pulmonary arterial hypertension (PAH). | Blended finance | www.atxatherapeutics.com | Ireland |
| AQUAB NANOBUBBLE INNOVATIONS LIMITED | AQUA BUBBLES: Nanobubbles for water treatment | Nano-oxygenation in water treatment by ambient-pressure air-fed, ultra-low-energy nanobubble generation | Grant only | www.aqua-bubble.com | Ireland |
| PEREGRINE TECHNOLOGIES (HOLDINGS) LIMITED | FPD Recycling | CircularPro-Robust AI and robotics for the WEEE recycling sector | Grant first | https://fpdrecycling.com/ | Ireland |
| OSTOFORM LIMITED | FlowAssist Pouch | FlowAssist Pouch will help to improve the skin condition of ostomy pouch users, while introducing novel design features, dramatically improving their lifestyle and management of their condition | Grant first | https://ostoform.com | Ireland |
| Endoron Medical Ltd. | aortoseal | A minimally invasive and durable endograft fastening solution for Abdominal Aortic Aneurysm (AAA) | Grant first | https://endoronmedical.com/ | Israel |
| PHONEOPTIKA LTD | VISION_GLASS | Screen embedded reading glasses – a revolutionary optical technology that eliminates the need for reading glasses while using digital devices. | Blended finance | https://www.phoneoptika.com/ | Israel |
| NewPhotonics Ltd | NEWPhotonics | NEWPhotonics: The Future of Data Center Technologies | Grant first | http://newphotonics.co/ | Israel |
| ELGAN Pharma | ELGN-GI | A first-in-class therapy for intestinal malabsorption in premature newborns | Grant first | https://www.elganpharma.com/ | Israel |
| S.I.T. – Sordina IORT Technologies S.p.A | LIAC FLASH | LIACFLASH: a life changing IOeRT technology for oncology care | Grant first | https://www.soiort.com/ | Italy |
| xFarm Sr | xTrap | Real-time automatic monitoring and ML-based prediction of pest insects | Blended finance | https://xfarm.ag/ | Italy |
| Augmedit B.V. | makinG aUgmedit lumI stanDArd in NeurosurgiCal surgEry in 3D: GUIDANCE 3D | makinG aUgmedit lumI stanDArd in NeurosurgiCal surgEry in 3D: GUIDANCE 3D | Grant first | https://www.augmedit.com/ | Netherlands |
| Solar Dew Clean Water B.V | SAFEWater-SDCW | A Disruptively Novel Approach to Clean and Safe Water Supply to Off-Grid Communities – SAFEWater-SDCW | Blended finance | https://www.solardew.com | Netherlands |
| IMSystems Holding B.V | Archimedes Drive | Archimedes Drive: Driving Innovation in the Robotics Industry | Blended finance | www.imsystems.nl | Netherlands |
| SusPhos B.V. | SusPhos | First economically-viable process for phosphate recovery | Blended finance | https://www.susphos.com/ | Netherlands |
| GBM Works B.V | SIMPLE – Simple Installation of MonoPiLEs | SIMPLE – Simple Installation of MonoPiLEs | Blended finance | https://www.gbmworks.com/ | Netherlands |
| Nowi B.V | NH-A | Enabling self-sustaining low power applications with NH-A—a novel integrated energy harvesting and power management circuit | Blended finance | https://www.nowi-energy.com/ | Netherlands |
| OIVI AS | iScan | Automated retinal scans for early detection of diabetic eye diseases through use of artificial intelligence | Grant first | https://www.oivi.co/ | Norway |
| GLUCOSET AS | MAGIC | Minimally invasive reliAble Glucose monitoring in Intensive Care | Blended finance | glucoset.com | Norway |
| HEMISPHERIAN AS | CureGLIO | Clinical validation of GLIX1: a small molecule that targets epigenetic changes in cancer cells to treat glioblastoma multiforme (GBM), the highest global unmet need in oncology. | Blended finance | https://hemispherian.com/ | Norway |
| IMMUNETHEP | PARAGON NOVEL VACCINE | Paragon Novel Vaccine (PNV) an effective protection against all serotypes of five deadly bacteria to eradicate Antimicrobial Resistance (AMR) | Grant first | www.immunethep.com | Portugal |
| CHARGE2C-NEWCAP LDA | HYCAP v2.0 | Hybrid supercapacitor technology towards a sustainable mobility | Blended finance | www.c2cnewcap.com | Portugal |
| AMSIMCEL SRL | hyperPV | HyperPV, the first GPU-Powered Physical Verification Framework with High Performance Computing capabilities. | Blended finance | https://amsimcel.com/ | Romania |
| IOS, INSTITUT ZA OKOLJEVARSTVO IN SENZORJE, PROIZVODNJA, TRGOVINA IN STORITVE DOO | OpenLOOP | OpenLOOP recycling technology – sustainable and profitable solution to the management of PET/cellulose waste | Grant first | http://www.ios.si/english/ | Slovenia |
| METHINKS SOFTWARE S.L. | Deepstroke-Acc | Paradigm shift in stroke: accurate diagnosis and evaluation of all treatment options in any hospital, at any time | Blended finance | www.methinks.ai | Spain |
| ARTHEX BIOTECH S.L. | fight-dm1 | First In class oliGo THerapy for Myotonic Dystrophy type 1 (DM1) | Blended finance | https://www.arthexbiotech.com/ | Spain |
| Tucuvi Care SL | TUCUVI Voice & AI to reduce chronic disease impact | TUCUVI Voice and Artificial Intelligence to reduce the impact of chronic diseases | Blended finance | https://tucuvi.com | Spain |
| HEXAGEM AB | InGaNious | Next-Generation Indium Gallium Nitride Micro LEDs | Grant first | https://www.hexagem.se/ | Sweden |
| C Lindhextend AB | XTEND U | Xtend U – An Amputee solution for a life without pain, blisters and infections | Blended finance | https://www.lindhextend.com/en/ | Sweden |
| Reliefed AB | Reliefed | 3D tab cooled Battery pack solution based on an innovative 3D extrusion manufacturing process to better manage thermal regulation of EV batteries | Blended finance | http://www.reliefed.com | Sweden |
| Stream Analyze Sweden AB | sa.engine | End to end Real-time Interactive Edge AI analytics platform for Industry and Automotive | Grant first | https://streamanalyze.com | Sweden |
| Reselo AB | NORDIC BIO-RUBBER | Sustainable rubber for the environment | Grant first | https://reselo.se/ | Sweden |
| TANGI0 LTD | TG0 | A revolutionary touch-sensitive material without environmentally harmful electronics | Grant only | https://tg0.co.uk/ | United Kingdom |
| Salience Labs Ltd | PACIFIC – Photonic Accelerator ChIp For InferenCe | The first massively parallel hybrid photonic / electronic accelerator chip for artificial intelligence inference applications | Grant only | http://saliencelabs.ai/ | United Kingdom |
| Sierra Medical Ltd. | SM-S1 | New AI-based method for early detection of lung cancer | Grant only | https://www.sierramedical.co.uk/ | United Kingdom |
| Dura Composites Ltd | greengrp | Novel recycling for sustainable GRP Composites in industry | Grant only | www.duracomposites.com | United Kingdom |
| CROP INTELLECT LTD | R-Leaf | Converting NOx pollution into plant feed | Grant only | http://www.cropintellect.co.uk | United Kingdom |
| Ace Aquatec Ltd | Removing sea lice with low stress electric fields | A modular sea lice removal system utilising electro-anaesthesia, low-pressure pumping and waterjets to gently remove lice without inducing stress and compromising fish welfare. | Grant only | www.aceaquatec.com | United Kingdom |
| Levistor Ltd | LevistorGridBoost | Flywheel grid boost for ultra-rapid EV charging | Grant only | https://levistor.com/ | United Kingdom |
By Sara Gavidia
