European Innovation Council Fund
Venture capitalWhat they invest in
from 15 of 16 portfolio companiesDeep 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 pathBy year:2026 · 32025 · 42024 · 32023 · 111 dated
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
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 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
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
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
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 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 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
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 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
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
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
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
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
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
latest coverage across their companies
Axelera AI · dispatcheseurope.com · Aug 18, 2026
Circular · eu-startups.com · Jul 21, 2026

Infinite · restaurantdive.com · Jul 16, 2026
Leyden Labs · firstwordpharma.com · Jun 29, 2026
Focused Energy · techcrunch.com · Jun 2, 2026
Orange Quantum Systems · thequantuminsider.com · Apr 21, 2026
Cellevate · startupmafia.eu · Apr 15, 2026
Infinite Orbits · europeanspaceflight.com · Mar 3, 2026
Frequently asked questions
- What sectors does European Innovation Council Fund focus on?
- European Innovation Council Fund focuses on Crypto & Web3.
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