EIC Fund

Activity from announced rounds

Activity in this selectionClimate tech

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
6
Confirmed lead rounds
0
5 roles undisclosed
New companies
6
First participation on record · 0 follow-on
Funding in participating rounds
$962.5M
6 disclosed · full round size, not this investor’s share

By stage

Series A2
Series B2
Growth1
Undisclosed1

By primary sector

Climate tech6

By country

Germany3
Italy1
Luxembourg1
Spain1

Rounds

6 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
Circular Materials

Circular Materials develops technology to recover critical raw materials from industrial wastewater

€11.8MUndisclosed
Role not disclosed
Proxima Fusion

Develops commercial fusion power plants based on stellarator concept

€411MGrowth
Role not disclosed
H2SITE

H2SITE builds membrane reactors and separators that produce high-purity hydrogen from transportable carriers and gas mixtures.

€42MSeries B+
Role not disclosed
Focused Energy

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

$240MSeries A
Role not disclosed
R3 Robotics

Automates disassembly of electric vehicle components using AI and robotics

€14MSeries A
Role not disclosed