Circular Materials
Circular Materials develops technology to recover critical raw materials from industrial wastewater
€11.8MUndisclosed
Role not disclosedEF
EIC Fund
Activity from announced rounds
Activity in this selectionOct 24, 2026 · Enterprise software · 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
- 5
- Confirmed lead rounds
- — 5 roles undisclosed
- New companies
- 5 First participation on record · 0 follow-on
- Funding in participating rounds
- $587.7M 5 disclosed · full round size, not this investor’s share
By stage
By primary sector
By country
Rounds
5 in this selectionFocused Energy
Develops laser-driven inertial confinement fusion systems targeting commercial clean energy production
$240MSeries A
Role not disclosedeleQtron
Develops trapped-ion quantum processors
€57MSeries A
Role not disclosedOrangeQS
Develops quantum chip testing systems
€15MSeed
Role not disclosedAxelera AI
Develops AI acceleration hardware for edge computing and data center applications
$250MGrowth
Role not disclosed