EIC Fund

Activity from announced rounds

Activity in this selectionGermany · Oct 24, 2026 · Jan 1, 2026

The EIC Fund is the European Innovation Council’s venture investment arm, financed by the European Commission to help European deep-tech startups and scaleups commercialise breakthrough technologies.

It combines patient capital with co-investment from private investors, with investment advice from the European Investment Bank. The purpose is to bridge financing gaps for technologies that need substantial development before reaching the market.

Its sector scope includes advanced materials and manufacturing, energy and climate, biotechnology, medical technology, quantum computing, semiconductors and space. Founders approach it through the EIC funding framework, with the investment component supporting the commercial growth of selected innovative companies.

Sources
Rounds participated in
4
Confirmed lead rounds
0
3 roles undisclosed
New companies
4
First participation on record · 0 follow-on
Funding in participating rounds
$951.5M
4 disclosed · full round size, not this investor’s share

By stage

Series A2
Growth1
Series B1

By primary sector

Climate tech3
Hardware1

By country

Germany4

Rounds

4 in this selection
Reverion

Reversible solid oxide fuel cell power plants that generate dispatchable electricity from gas and can store surplus power as storable gas.

$175MSeries B
Participant
Proxima Fusion

Develops commercial fusion power plants based on stellarator concept

€411MGrowth
Role not disclosed
Focused Energy

Develops laser-driven inertial confinement fusion systems targeting commercial clean energy production

$240MSeries A
Role not disclosed
eleQtron

Develops trapped-ion quantum processors

€57MSeries A
Role not disclosed