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European Innovation Council Fund

Venture capital

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Last 12 months
6 investments
Tracked investments
16

What they invest in

from 15 of 16 portfolio companies

Deep Tech ×8Hardware ×6Biotech ×4Cleantech ×4Advanced Manufacturing ×3AI & Machine Learning ×3Circular Economy ×2Climate Tech ×2

HQs:United States×4Netherlands×2Austria×1Finland×1Italy×1Singapore×1

Investments · 16 tracked

founders shown can be your intro path

By year:2026 · 32025 · 42024 · 32023 · 111 dated

Axelera AIaxelera.aiin𝕏Feb 2026✓ verified

Axelera AI develops hardware and software platforms for artificial intelligence inference at the edge, including specialized processors and accelerators for edge computing, computer vision, natural language processing, and automotive applications.

AI & Machine LearningHardwareSemiconductors

Fabrizio Del MaffeoEvangelos Eleftheriou(Founder)

Co-investorsInnovation IndustriesSamsung Catalyst FundVerve VenturesBlackRockInvest-NLCDP Venture Capital+1 more

ecopecop.atin✓ verified

ecop develops the Rotation Heat Pump, a patented industrial heat pump using centrifugal force to produce CO2-free heat for decarbonizing industrial processes.

CleantechClimate TechEnergy

Co-investorsEIT InnoEnergyFSP Ventures

Leyden Labsleydenlabs.cominJun 2026✓ verified

Leyden Labs develops nasal sprays containing antibodies that target respiratory viruses such as influenza and COVID at the nasal mucosa to prevent initial infection and transmission.

BiotechDeep TechHealthtechLeiden, NL

Koenraad Wiedhaup(Founder & Chief Executive Officer)inRonald Brus(Founder & Chief Growth Officer)inJaap Goudsmit(Founding Scientist and Senior Advisor)inDinko Valerio(Founder and Chair of the Supervisory Board)Jintanat Ananworanich(Chief Medical Officer)Clarissa Koch(Chief Scientific Officer)

Co-investorsClavystBioF-Prime CapitalGV (Google Ventures)Bluebird VenturesCasdin CapitalEuropean Investment Bank+5 more

Nanophoriananophoria.comin✓ verified

NanoPhoria is a life sciences company that raised an €83.5 million Series A round.

BiotechDeep TechMedical Devices

Daniele CatalucciMichele IafiscoAlessio AlognaClaudio De Luca

Co-investorsSofinnova PartnersXGEN VentureCDP Venture Capital

Cellevatecellevate.cominMay 2025

Cellevate develops Cellevat3d nanofiber-based microcarriers and cell culture systems for upstream bioprocessing, used in viral vector, viral vaccine, and stem cell production by gene therapy and biopharmaceutical organizations.

Advanced ManufacturingBiotechDeep TechMedical DevicesNew MaterialsLong Beach, US

Maximilian Ottosson(Founder)inClint Monfort(Executive Officer, Director, Promoter)

Co-investorsIndustrifondenEuropean Investment BankOnsight VenturesEIC

Circularnowcircular.comin

Circular enables consumers to access technology devices through a flexible ownership model that reduces electronic waste and supply chain pressure.

Circular EconomyConsumerE-commerceFintechHardwareMarketplacesSingapore, SG

Nicolas Ramsay(Founder)inPantha Roy(Founder)in

Co-investorsY Combinator360 CapitalCDP Venture Capital

Focused Energyfocused-energy.coin𝕏

Focused Energy is developing laser-based fusion technology to build a commercial fusion power plant, working toward delivering fusion energy to the electric grid.

CleantechDeep TechEnergy

Co-investorsDraper AssociatesPrime Movers Lab

Heart Aerospaceheartaerospace.comin𝕏Feb 2024 · $107M

Heart Aerospace develops electric regional aircraft for commercial airline operators.

Advanced ManufacturingCleantechClimate TechHardwareSpace TechLos Angeles, US

Anders Forslund(Founder/CEO)in

Co-investorsBreakthrough Energy Ventures2am VCCastor Ventures (an Alumni Ventures Fund)Sagitta Family OfficeUnruly CapitalY Combinator+4 more

Humminkhummink.comin𝕏Nov 2025

Hummink develops NAZCA, a precision printing machine for manufacturing miniaturized electronics and nano-electronic components at nanometer-to-micrometer scales.

Advanced ManufacturingDeep TechHardware

Amin M'Barki(Founder)in

Co-investorsElaiaBpifranceKBC Focus Fund

Infiniteinfinite.devin𝕏Nov 2025

Infinite provides APIs and SDKs for businesses to integrate stablecoin payment capabilities, enabling fast, low-cost global settlement without cryptocurrency complexity.

Crypto & Web3Developer ToolsEnterprise SoftwareFintechSan Francisco, US

Nikhil Srinivasan(Cofounder & CEO)inRaj Lad(Cofounder & CTO)in

Co-investorsY Combinator468 CapitalBalnord Sp. z o.o.GSR VenturesLGVPMatterwave Ventures+3 more

Infinite Orbitsinfiniteorbits.ioin𝕏Nov 2025

Infinite Orbits is a NewSpace company providing in-orbit satellite services for geostationary operators, including asset inspection, satellite life extension, and end-of-life management.

AI & Machine LearningDeep TechRoboticsSpace Tech

Adel Haddoud(CEO & Co-Founder)Akshay Gulati(CTO & Co-Founder)Manos Koumantakis(Chief Scientist Officer & Co-Founder)Marion Andrieux(Chief Commercial Officer)Agathe Tschiember(Chief People Officer)Michel Poucet(General Manager Luxembourg)

Co-investorsBalnord Sp. z o.o.Matterwave VenturesNewfund CapitalWind Venture

Lociloci.ai

Loci maps ideas, inventions and patents, powering InnVenn, a visual Venn-diagram-based patent search tool for inventors.

Sterling, US

John Wise(Executive Officer, Director)

Co-investorsBlue Wire CapitalTIRTA VenturesLaunch Capital

Mindpeakmindpeak.aiinSep 2024 · $15.3M

Mindpeak builds AI that converts tissue images (H&E, IHC, mIF) into high-dimensional data to discover and deploy biomarkers, predict therapy response, and support genomic specimen selection.

AI & Machine LearningBiotechDigital Health

Co-investorsFraserNina CapitalAI FundZEISS Ventures

Orange Quantum Systemsorangeqs.comin𝕏Apr 2026

OrangeQS provides automated testing and characterization equipment and software for quantum chips with several to hundreds of qubits.

Deep TechHardwareQuantum Computing

Co-investorsCottonwood Technology FundQDNL Participations

Papticpaptic.comin𝕏Jan 2024

Paptic is a material innovation company that developed Paptic®, a fibre-based, recyclable material designed to replace plastics in packaging.

Circular EconomyCleantechNew MaterialsEspoo, FI

Esa Torniainen(Co-founder)Karita Kinnunen-Raudaskoski(Co-founder)Tuomas Mustonen(Co-founder)Katja Jokiaho(Chief Sales Officer)

Co-investorsEmerald Technology Ventures AgEuropean Circular Bioeconomy FundVoima Ventures

Quandelaquandela.comin𝕏Nov 2023

Quandela develops photonic quantum computers based on quantum-dot single-photon sources, offered as modular, cloud-accessible and on-premises platforms (including its MosaiQ platform and Prometheus single-photon source) plus the open-source Perceval development toolkit.

Deep TechHardwareQuantum Computing

Co-investorsQuantonationSerenaBpifranceOmnes Capital

Portfolio news

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Frequently asked questions

What sectors does European Innovation Council Fund focus on?
European Innovation Council Fund focuses on Crypto & Web3.

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