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- Be sharp when it comes to technical innovations and projects
- Be dedicated to going the extra mile and place quality over everything else
Once you have reached out to us, we will assess the initial communication you have shared (i.e. Linkedin profile, Curriculum Vitae, references, publications, …) and get back to you if we are impressed. Prior to hiring you, we will conduct a video interview and request a writing sample from you to identify if you have a style that matches our expectations.
While most other consultancies have a rather unfavorable approach towards their writers, Rasph aims to pay well, provide very strong success incentives and allow a networking component between projects that increases the quality of the grant writing ecosystem. Collaborations are efficient and self-reliant with every writer taking full responsibility for their projects and gaining support from editors, other writers and project developers.
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About
The articles found on Rasph.com reflect the opinions of Rasph or its respective authors and in no way reflect opinions held by the European Commission (EC) or the European Innovation Council (EIC). The provided information aims to share perspectives that are valuable and can potentially inform applicants regarding grant funding schemes such as the EIC Accelerator, EIC Pathfinder, EIC Transition or related programs such as Innovate UK in the United Kingdom or the Small Business Innovation and Research grant (SBIR) in the United States.
The articles can also be a useful resource for other consultancies in the grant space as well as professional grant writers who are hired as freelancers or are part of a Small and Medium-sized Enterprise (SME). The EIC Accelerator is part of Horizon Europe (2021-2027) which has recently replaced the previous framework program Horizon 2020.
- Contact Us -
EIC Accelerator Articles
All Eligible EIC Accelerator Countries (including the United Kingdom, Switzerland and Ukraine)
Explaining the Resubmission Process for the EIC Accelerator
A Short but Comprehensive Explanation of the EIC Accelerator
The EIC’s One-Stop Shop Funding Framework (Pathfinder, Transition, Accelerator)
Deciding Between EIC Pathfinder, Transition and Accelerator
A Winning Candidate for the EIC Accelerator
The Challenge with EIC Accelerator Open Calls: MedTech Innovations Dominate
Go Fund Yourself: Are EIC Accelerator Equity Investments Necessary? (Presenting Grant+)
Digging Deep: The New DeepTech Focus of the EIC Accelerator and its Funding Bottlenecks
Zombie Innovation: EIC Accelerator Funding for the Living Dead
Smack My Pitch Up: Changing The Evaluation Focus Of The EIC Accelerator
How Deep Is Your Tech? The European Innovation Council Impact Report (EIC Accelerator)
Analyzing A Leaked EIC Accelerator Interview List (Success Rates, Industries, Direct Submissions)
Steering the EIC Accelerator: Lessons Learned from the Pilot Program
Who Should Not Apply To The EIC Accelerator And Why
The Risk of Presenting all Risks in the High-Risk EIC Accelerator Program
How to Prepare an EIC Accelerator Resubmission
How to Prepare a Good EIC Accelerator Application: General Project Advice
How to Craft an EIC Accelerator Rebuttal: Explaining Grant Proposal Resubmissions

EIC Accelerator Results – February 2025 Update (October 2024 Cutoff)
The latest EIC Accelerator funding results have been published on February 17, 2025, for the October 3, 2024, cutoff date. A total of 71 innovative startups and SMEs have secured funding through this highly competitive program, which aims to support groundbreaking innovations in Europe and beyond.
This round of funding showcases the European Innovation Council’s (EIC) ongoing commitment to fostering deep-tech and high-impact ventures. Below, we break down the key statistics and insights from the latest results.
Key Highlights of the October 2024 EIC Accelerator Results
- Total funding allocated: €387 million
- Average funding per company: €5.45 million
- Funding types awarded:
- Blended finance (grant + equity): 56 companies (78.9%)
- Equity-only: 5 companies (7.0%)
- Grant-only: 10 companies (14.1%)
The continued dominance of blended finance funding shows the EIC’s preference for supporting startups that combine grant funding with equity investment, ensuring long-term scalability.
Breakdown of Funding Allocation
- Grant budget: €161 million
- Equity budget: €226 million
The significant €226 million in equity investments reflects the EIC’s strategy of backing high-potential startups beyond initial grant funding, helping them scale globally.
Success Rates – A Highly Competitive Process
The EIC Accelerator remains one of the most competitive funding programs in Europe:
- Step 2 success rate: 36%
- Step 3 success rate: 16%
- Overall success rate (from Step 2 to final selection): 5.9%
This means that out of every 100 applicants who reach Step 2, fewer than 6 companies ultimately secure funding, highlighting the program’s rigorous selection process.
Geographical Distribution of Funded Companies
The 71 selected companies come from 16 different countries, reflecting the broad European reach of the EIC Accelerator. The top-performing countries in this round are:
- Germany – 15 companies (21.1%)
- Netherlands – 11 companies (15.5%)
- Sweden – 7 companies (9.9%)
- Spain – 6 companies (8.5%)
- France – 5 companies (7%)
- United Kingdom – 5 companies (7%)
- Finland – 4 companies (5.6%)
- Israel – 4 companies (5.6%)
- Belgium – 3 companies (4.2%)
- Italy – 3 companies (4.2%)
- Austria – 2 companies (2.8%)
- Denmark – 2 companies (2.8%)
- Bulgaria, Luxembourg, Poland, Portugal – 1 company each (1.4%)
Germany and the Netherlands Lead the Way
With 15 selected companies, Germany continues to dominate the EIC Accelerator landscape, reflecting the country’s strong startup ecosystem and innovation-driven economy. The Netherlands, with 11 funded startups, also maintains its position as a powerhouse for deep-tech and high-impact ventures.
Smaller Ecosystems Gaining Traction
While countries like Bulgaria, Luxembourg, Poland, and Portugal secured only one funded company each, their presence in the results highlights the increasing participation of startups from diverse European regions.
Implications for Future EIC Accelerator Applicants
1. Blended Finance Remains the Preferred Funding Model
With nearly 79% of funded companies receiving a mix of grants and equity, the EIC Accelerator continues to push for long-term financial sustainability. Startups should be prepared to demonstrate not only the innovation potential of their technology but also a strong business case for scaling through equity investment.
2. The Competition is Fierce – But Step 2 Success is Encouraging
While the overall success rate is low (5.9%), the Step 2 success rate of 36% indicates that applicants with a solid business plan and innovation strategy have a strong chance of progressing in the selection process.
3. The European Deep-Tech Landscape is Growing
The diversity of funded companies shows that innovation is thriving across multiple sectors and geographies. Startups from countries with smaller ecosystems should not be discouraged, as the EIC Accelerator continues to fund high-potential projects regardless of location.
Final Thoughts
The EIC Accelerator remains one of the most prestigious funding programs for deep-tech startups and innovative SMEs in Europe. The latest results reaffirm the program’s commitment to high-impact, scalable technologies, with a strong focus on blended finance and equity investments.
For startups looking to apply in future cutoffs, careful preparation, a compelling innovation narrative, and a well-defined commercialization strategy will be key to success.
What’s Next?
- The next round of EIC Accelerator applications is expected to open soon.
- Startups should start preparing early, focusing on both technological innovation and commercial viability.
- Stay tuned for more updates on the evolving landscape of European startup funding!
Raw Data
Ticket Size
- Average ticket size: €5.45 million
- Average Grant: €2.44 million
- Average Equity: €3.70 million
Funding Type
- Blended Finance: 56 companies (78.9%)
- Equity Only: 5 companies (7.0%)
- Grant Only: 10 companies (14.1%)
- Total: 71 Companies
Budget
- Total Budget: €387 million
- Grant Budget: €161 million
- Equity Budget: €226 million
Dates
- Grant application cutoff date: October 3rd 2024
- Published results date: February 17th 2025
Success Rates
- Step 2: 431 out of 1211 (36%)
- Step 3: 71 out of 431 (16%)
- Step 2 & Step 3 combined: 71 out of 1211 (5.9%)
Countries
There are 16 different countries among the funded companies:
- Germany (15 companies and 21.1%)
- Netherlands (11 companies and 15.5%)
- Sweden (7 companies and 9.9%)
- Spain (6 companies and 8.5%)
- France (5 companies and 7%)
- United Kingdom (5 companies and 7%)
- Finland (4 companies and 5.6%)
- Israel (4 companies and 5.6%)
- Belgium (3 companies and 4.2%)
- Italy (3 companies and 4.2%)
- Austria (2 companies and 2.8%)
- Denmark (2 companies and 2.8%)
- Bulgaria (1 companies and 1.4%)
- Luxembourg (1 companies and 1.4%)
- Poland (1 companies and 1.4%)
- Portugal (1 company and 1.4%)
2024 Total Results
- Proposed Budget: €675 million
- Actual Budget: €672 million
- Funded Companies: 113
All EIC Accelerator Winners
Company | Acronym | Description | Country | Year |
---|---|---|---|---|
EASELINK GMBH | MXI | MXI: MATRIX CHARGING INTERFACE INTEGRATING EVS INTO A SMART ENERGY SYSTEM | Austria | 2024 |
Holloid GmbH | ROLF | Revolutionary OnLine Fermentation monitoring | Austria | 2024 |
NannyML NV | EU-AURA | European Union AI Uncertainty Reduction and Alignment | Belgium | 2024 |
VOXELSENSORS | SPAES | Single-Photon Active Event Sensor | Belgium | 2024 |
NOVOBIOM | WASTE2WEALTH | A fungi-based biotechnological platform for competitive multi-stream waste revalorization. | Belgium | 2024 |
ENDUROSAT AD | SD-IRS | Software-defined integrated satellite communication system to revolutionize data transfer from Low Earth Orbit | Bulgaria | 2024 |
NEURESCUE APS | PULSE | Pioneering Unprecedented Life-Saving Equipment: Intelligent Aortic Balloon Catheter for Cardiac Arrest | Denmark | 2024 |
TETRAKIT TECHNOLOGIES APS | TETRAKIT | A novel click chemistry-based, universal radiolabelling platform revolutionizing the generation of theranostic radiopharmaceuticals | Denmark | 2024 |
SEMIQON TECHNOLOGIES OY | COOL-CHIPS | Cool-Chips - Cryogenic CMOS chips for quantum, HPC and space industry | Finland | 2024 |
Fifth Innovation Oy | Elementic | Rebuilding our world with new carbon elements that turn buildings into carbon storage structures | Finland | 2024 |
Lumo Analytics Oy | LASO-LIBS | Enabling on-site mechanical analysis of drill cores for sustainable and efficient mining | Finland | 2024 |
Pixieray Oy | Perfect Vision | First adaptive eyewear to offer perfect vision for people with myopia and progressing presbyopia | Finland | 2024 |
IKTOS | AIR-3D | Iktos Robotics: Integrating AI and Robotics for efficient Drug Design and Discovery | France | 2024 |
HUMMINK | BIRD | Breakthrough Integration and Resolution in Defect Repair | France | 2024 |
TREEFROG THERAPEUTICS | C-STEM XL | C-STEM : ground-breaking path to the XL scale | France | 2024 |
QUOBLY | MCQube | Breaking Barriers in Scalable Quantum Computing | France | 2024 |
Robeaute | SmartMicroBiopsy | Smart Microrobotic Biopsy: A Leap Forward in Brain Disease Diagnostics | France | 2024 |
Nature Robots GmbH | A-FORWARD | Autonomous Full Farming for Optimised Regenerative and Wholesome Agriculture with Robotics and Deep- Learning | Germany | 2024 |
SEMRON GmbH | Aloe AI | Breakthrough 3D-Stacked AI Inference Chip Enabling the Deployment of Multi-Billion-Parameter LLMs on Edge Devices | Germany | 2024 |
CODASIP GMBH | Codasip CHERI | Codasip CHERI technology for highly secure processors | Germany | 2024 |
BioThrust GmbH | ComfyCell | ComfyCell: Novel Bionic Bioreactor for Industrial Stem and Immune Cell Manufacturing | Germany | 2024 |
LiveEO GmbH | EOinTime | EOinTime: Satellite-based change detection and predictive monitoring of infrastructure grids based on high- resolution data | Germany | 2024 |
AUGMENTED INDUSTRIES GMBH | FLOW-AI | AI-Powered Training in the Flow of Factory Work for Industry 5.0 | Germany | 2024 |
eleQtron GmbH | MAGICAL | All-integrated on-chip ion trap towards fault-tolerant quantum computing | Germany | 2024 |
MetisMotion GmbH | naXture | The new standard for sustainable electrification of actuation contributing to a decarbonised Industry 5.0 | Germany | 2024 |
Noah Labs GmbH | NL Vox | Noah Labs Vox - Detecting Worsening Heart Failure with AI-based Voice Monitoring | Germany | 2024 |
INVITRIS | Phactory | Final development and commercial preparation of Phactory™, a universal platform technology to enable scalable phagebased drug development and production | Germany | 2024 |
ATMOS SPACE CARGO GMBH | Phoenix 2 | A novel space return capsule for life sciences microgravity experiments | Germany | 2024 |
MYOPAX GMBH | Satgeno | SATGENO: Regenerative gene repair therapy for muscular dystrophies | Germany | 2024 |
FluIDect GmbH | SpheroScan | On-line, real-time biosensor for monitoring bioprocesses and food production using µBeads sensor technology to optimize production processes and ensure food safety | Germany | 2024 |
Tracebloc GmbH | tracebloc | Building the Global Data Access Layer for AI: Scalable, Secure, and Energy-Efficient AI Model Development | Germany | 2024 |
Vivalyx GmbH | Vivalyx | A game-changing technology to revolutionise donor organ preservation and enlarge the pool of organs for transplantation | Germany | 2024 |
CYBERRIDGE LTD | CyberRidge - Carmel | Launching Photonic Encryption for Data Security in the Post-Quantum Era with the CyberRidge All-Optical Stealth and Secured Solution for High-Speed Coherent Optical Communication | Israel | 2024 |
DeepKeep Ltd | DeepKeep | DeepKeep Safeguards AI Applications Across LLM, Vision, Spatial Sensing, Human-Machine Interaction and Multimodal Models with AI-Native Security and Trustworthiness | Israel | 2024 |
Luminescent Solar Power | Lava Heat Engine | The world’s most efficient heat engine: Turning heat into zero-emission electricity for industrial and geothermal applications | Israel | 2024 |
Magneto Thrombectomy Solutions | MGN-2024-10 | Magneto eTrieve thrombectomy system EIC funding application | Israel | 2024 |
NanoPhoria srl | NP-MP1 | Inhalable therapeutic nanoformulations for non-invasive and selective treatments of the diseased heart | Italy | 2024 |
STAR TRIC SRL | StarTric | StarTric - A novel transcatheter medical device to treat Tricuspid Regurgitation | Italy | 2024 |
Aindo srl | SydAi | A novel synthetic data generation platform that produces private, secure and robust synthetic data for AI use cases | Italy | 2024 |
OQ TECHNOLOGY Sarl | 5NETSAT | 5G NTN SATELLITE DIRECT TO MOBILE IN-ORBIT DEMONSTRATION | Luxembourg | 2024 |
Brineworks B.V. | BRINEWORKS | BRINE AND SEAWATER-BASED CARBON REMOVAL INITIATIVE FOR NEUTRALIZING AVIATION AND MARITIME SHIPPING EMISSIONS. A WATER OPTIMIZATION PATHWAY FOR RENEWABLE KEYSTONE SOLUTIONS | Netherlands | 2024 |
C2CA TECHNOLOGY BV | C2CA | Revolutionary solution to unlock concrete-to-concrete circularity | Netherlands | 2024 |
Deeploy B.V. | Deeploy | FIRST MLOPS INTEGRATING REAL-TIME RISK MANAGEMENT, COMPLIANCE AND EXPLAINABILITY WHERE THE AI MODEL RUNS | Netherlands | 2024 |
CarbonX BV | ECo-AnodeX | The world’s first Eco-friendly and Cost-effective active Anode material ready to be mass produced in eXisting industrial facilities | Netherlands | 2024 |
VarmX BV | FOLLOWON | Final clinical development of a revolutionary human recombinant protein to stop and prevent life-threatening bleedings | Netherlands | 2024 |
Astrape B.V. | OPTINET | Revolutionizing Data Centres: Enabling Sustainable and High-Efficiency Optical Networking | Netherlands | 2024 |
Leyden Laboratories BV | PanFlu | PANDEMIC PREPAREDNESS THROUGH INTRANASAL ADMINISTRATION OF BROADLY EFFECTIVE MONOCLONAL ANTIBODIES AGAINST ALL INFLUENZA STRAINS | Netherlands | 2024 |
Nextkidney B.V | PORTADIALYS | The NeoKidney: Next Generation Hemodialysis Device Making Hemodialysis Finally Portable | Netherlands | 2024 |
QDI systems | QDIMAGING | Disrupting X-ray and Short-Wave Infrared Imaging Technology with Quantum Dots | Netherlands | 2024 |
DELFT CIRCUITS B.V. | Tuxedo | Development of Tuxedo: a super-conducting flex-to-pcb interface connection for quantum technologies | Netherlands | 2024 |
Veridi Technologies BV | VERIDI | Veridi: AI-Powered Soil Biodiversity Analysis and Monitoring | Netherlands | 2024 |
Captor Therapeutics Spolka Akcyjna | CT-03 | A First-in-Class MCL-1 degrader to promote apoptosis in therapy-resistant liquid and solid tumours | Poland | 2024 |
PFx Biotech Lda | HuMiLAF | Human Milk Lactoferrin by Precision Fermentation | Portugal | 2024 |
Esencia Foods Spain SL | Esencia Foods | Pioneering vegan whole cuts through mycelium solid state fermentation | Spain | 2024 |
IPRONICS PROGRAMMABLE PHOTONICS,SL | EXCITE | First Scalable Field-Programmable Photonic Gate Array Platform For Photonic Chip Development and Data Centre Switch Applications | Spain | 2024 |
CONNECTA THERAPEUTICS SL | FRAXCURE | FRAgile X syndrome Clinical trial: Unravelling the science behind this Rare disease in Europe | Spain | 2024 |
MOA BIOTECH SL | MOA FOODTECH | Transforming Agri-Food By-Products into High-Nutritional Value, Sustainable Proteins and Ingredients | Spain | 2024 |
GLOBAL ECOFUEL SOLUTIONS, S.L. | ROW2FUEL | Breakthrough one-step, low-energy conversion technology for cost-efficient production of GHG saving sustainable fuels from waste | Spain | 2024 |
PREMIUM FERTILITY | TD System | A novel embryo transfer technology to improve pregnancy rates | Spain | 2024 |
AirForestry AB | ADATHA | Aerial Drone-based Automated Tree Harvesting System for Sustainable Forestry | Sweden | 2024 |
ENAIRON AB | Airon | The world´s most energy efficient Industrial Air Compressor | Sweden | 2024 |
CORPOWER OCEAN AB | CORPACK | CorPack - Turnkey building block for scaling novel wave energy technology into competitive utility-scale wave farms | Sweden | 2024 |
SAVEGGY AB | CRISP | Coating fruit and vegetables Reducing plastic waste and Increasing Shelf life of Produce | Sweden | 2024 |
Superintelligence Computing Systems SICSAI AB | HYPER | Foundation AGI model for Industrial Robots | Sweden | 2024 |
AlzeCurePharma AB | NeuroRestore ACD856 | ACD856 - Revolutionising Alzheimer’s disease treatment through disease-modifying and cognitive- enhancing therapy | Sweden | 2024 |
Blykalla AB | SEALER | A lead-cooled small modular reactor to deliver the next generation of clean energy. | Sweden | 2024 |
Barocal Ltd | BAROCAL | Advanced Barocaloric Systems for Sustainable Commercial Cooling Applications | United Kingdom | 2024 |
Sparxell UK Limited | BIOSPECTRA | Bio-inspired, Sustainable Plant-based Effects and Colours To Replace All Harmful Colourants | United Kingdom | 2024 |
MOF TECHNOLOGIES LIMITED | NUACO2 | Nuada's novel optimised MOF reactors for CO2 capture | United Kingdom | 2024 |
STABLEPHARMA LIMITED | SUFFVSA40C | SCALING UP FRIDGE-FREE VACCINES STABLE AT +40°C | United Kingdom | 2024 |
PRECISIONLIFE LTD | TRANSCEND | TRANSFORMATIVE NON-INVASIVE CAUSAL MECHANOSTICS PLATFORM TO EFFECTIVELY TRIAGE AND TREAT ENDOMETRIOSIS | United Kingdom | 2024 |
About
The articles found on Rasph.com reflect the opinions of Rasph or its respective authors and in no way reflect opinions held by the European Commission (EC) or the European Innovation Council (EIC). The provided information aims to share perspectives that are valuable and can potentially inform applicants regarding grant funding schemes such as the EIC Accelerator, EIC Pathfinder, EIC Transition or related programs such as Innovate UK in the United Kingdom or the Small Business Innovation and Research grant (SBIR) in the United States.
The articles can also be a useful resource for other consultancies in the grant space as well as professional grant writers who are hired as freelancers or are part of a Small and Medium-sized Enterprise (SME). The EIC Accelerator is part of Horizon Europe (2021-2027) which has recently replaced the previous framework program Horizon 2020.
This article was written by ChatEIC. ChatEIC is an EIC Accelerator assistant that can advise on the writing of proposals, discuss current trends and create insightful articles on a variety of topics. The articles written by ChatEIC can contain inaccurate or outdated information.
- Contact Us -
EIC Accelerator Articles
All Eligible EIC Accelerator Countries (including the United Kingdom, Switzerland and Ukraine)
Explaining the Resubmission Process for the EIC Accelerator
A Short but Comprehensive Explanation of the EIC Accelerator
The EIC’s One-Stop Shop Funding Framework (Pathfinder, Transition, Accelerator)
Deciding Between EIC Pathfinder, Transition and Accelerator
A Winning Candidate for the EIC Accelerator
The Challenge with EIC Accelerator Open Calls: MedTech Innovations Dominate
Go Fund Yourself: Are EIC Accelerator Equity Investments Necessary? (Presenting Grant+)
Digging Deep: The New DeepTech Focus of the EIC Accelerator and its Funding Bottlenecks
Zombie Innovation: EIC Accelerator Funding for the Living Dead
Smack My Pitch Up: Changing The Evaluation Focus Of The EIC Accelerator
How Deep Is Your Tech? The European Innovation Council Impact Report (EIC Accelerator)
Analyzing A Leaked EIC Accelerator Interview List (Success Rates, Industries, Direct Submissions)
Steering the EIC Accelerator: Lessons Learned from the Pilot Program
Who Should Not Apply To The EIC Accelerator And Why
The Risk of Presenting all Risks in the High-Risk EIC Accelerator Program
How to Prepare an EIC Accelerator Resubmission
How to Prepare a Good EIC Accelerator Application: General Project Advice
How to Craft an EIC Accelerator Rebuttal: Explaining Grant Proposal Resubmissions

Major Changes in the European Innovation Council (EIC) Work Programme 2025: EIC Accelerator, EIC STEP Scale-Up and EIC Pre-Accelerator
Introduction to the European Innovation Council (EIC) Work Programme 2025

Grant Funding for Widening Countries: The EIC Pre-Accelerator in the EIC Funding Ecosystem
The articles found on Rasph.com reflect the opinions of Rasph or its respective authors and in no way reflect opinions held by the European Commission (EC) or the European Innovation Council (EIC). The provided information aims to share perspectives that are valuable and can potentially inform applicants regarding grant funding schemes such as the EIC Accelerator, EIC Pathfinder, EIC Transition or related programs such as Innovate UK in the United Kingdom or the Small Business Innovation and Research grant (SBIR) in the United States. The articles can also be a useful resource for other consultancies in the grant space as well as professional grant writers who are hired as freelancers or are part of a Small and Medium-sized Enterprise (SME). The EIC Accelerator is part of Horizon Europe (2021-2027) which has recently replaced the previous framework program Horizon 2020.About
This article was written by ChatEIC. ChatEIC is an EIC Accelerator assistant that can advise on the writing of proposals, discuss current trends and create insightful articles on a variety of topics. The articles written by ChatEIC can contain inaccurate or outdated information.
All Eligible EIC Accelerator Countries (including the United Kingdom, Switzerland and Ukraine) Explaining the Resubmission Process for the EIC Accelerator A Short but Comprehensive Explanation of the EIC Accelerator The EIC’s One-Stop Shop Funding Framework (Pathfinder, Transition, Accelerator) Deciding Between EIC Pathfinder, Transition and Accelerator A Winning Candidate for the EIC Accelerator The Challenge with EIC Accelerator Open Calls: MedTech Innovations Dominate Go Fund Yourself: Are EIC Accelerator Equity Investments Necessary? (Presenting Grant+) Digging Deep: The New DeepTech Focus of the EIC Accelerator and its Funding Bottlenecks Zombie Innovation: EIC Accelerator Funding for the Living Dead Smack My Pitch Up: Changing The Evaluation Focus Of The EIC Accelerator How Deep Is Your Tech? The European Innovation Council Impact Report (EIC Accelerator) Analyzing A Leaked EIC Accelerator Interview List (Success Rates, Industries, Direct Submissions) Steering the EIC Accelerator: Lessons Learned from the Pilot Program Who Should Not Apply To The EIC Accelerator And Why The Risk of Presenting all Risks in the High-Risk EIC Accelerator Program How to Prepare an EIC Accelerator Resubmission How to Prepare a Good EIC Accelerator Application: General Project Advice How to Craft an EIC Accelerator Rebuttal: Explaining Grant Proposal Resubmissions- Contact Us -
EIC Accelerator Articles

EIC Pathfinder Results 2024: €138 Million to Fund 45 Groundbreaking Projects
The European Innovation Council (EIC) Pathfinder continues its pivotal role in advancing Europe’s cutting-edge research and technological innovations. The 2024 EIC Pathfinder funding cycle, which had a total of €138 million in requested budget, has now revealed its highly selective outcomes, with 45 projects chosen from 1,110 submissions. The selected projects will each receive approximately €3.07 million to drive revolutionary research aimed at transforming industries and solving pressing societal challenges.
With results published on September 5, 2024, after a submission deadline of March 7, 2024, this round of the EIC Pathfinder funding emphasizes innovation across various sectors and regions of Europe, reflecting a diverse geographical distribution of successful applicants (results).
Key Data from the EIC Pathfinder 2024
- Total requested budget: €138 million
- Average funding per project: €3.07 million
- Number of submissions: 1,110
- Projects selected for funding: 45
- Success rate: ~4.1%
Geographic Breakdown of Funded Projects
The distribution of the 45 selected projects spans across 17 countries, with Italy leading the charge by securing 10 projects (22.2%), followed by Austria and Spain, each with 5 projects (11.1%).
Country | Projects Funded | Percentage |
---|---|---|
Italy | 10 | 22.2% |
Austria | 5 | 11.1% |
Spain | 5 | 11.1% |
Norway | 3 | 6.7% |
Germany | 3 | 6.7% |
France | 3 | 6.7% |
Sweden | 3 | 6.7% |
Greece | 2 | 4.4% |
Finland | 2 | 4.4% |
Netherlands | 2 | 4.4% |
Slovenia | 1 | 2.2% |
Serbia | 1 | 2.2% |
Ireland | 1 | 2.2% |
Israel | 1 | 2.2% |
Czech Republic | 1 | 2.2% |
Denmark | 1 | 2.2% |
United Kingdom | 1 | 2.2% |
This broad representation highlights the collaborative and pan-European nature of the EIC Pathfinder program, which continues to fund projects not just within the EU, but also in associated countries such as Israel, the United Kingdom, and Norway.
Sectoral Focus of the Funded Projects
The EIC Pathfinder is known for supporting transformative research in a variety of domains, prioritizing high-risk, high-reward projects that could lead to significant breakthroughs. The 2024 funding round continues to reflect the EIC’s focus on sectors with the potential for long-term societal and economic impact. Although specific details on each funded project are yet to be fully disclosed, several key areas are traditionally emphasized in the EIC Pathfinder funding:
- Quantum Technologies: A priority area for Europe as it seeks to establish global leadership in quantum computing, communication, and sensing technologies. Italy and Germany, in particular, are home to several promising quantum research projects.
- Artificial Intelligence (AI) and Machine Learning (ML): Projects leveraging AI for applications in healthcare, robotics, and industry have garnered significant attention. France and Spain are key contributors in AI-driven research.
- Sustainable Energy and Climate Technologies: The EU’s Green Deal and ambitious climate goals mean that energy-efficient technologies, renewable energy solutions, and environmental sustainability remain crucial areas for innovation. Austria and Sweden are particularly active in these areas.
- Biotechnology and Health Innovations: Biotechnology and personalized medicine continue to be hotbeds of research, with Finland, Greece, and the Netherlands focusing on biomedical advances and health technologies.
- Advanced Materials and Nanotechnology: The development of new materials with applications in various industries, from electronics to healthcare, is a key focus, with multiple projects exploring nanotechnology and materials science innovations.
Italy Leads the Pack
Italy’s dominance in the 2024 EIC Pathfinder results, with 10 projects funded (22.2% of the total), is a testament to the country’s growing research capabilities and innovation ecosystem. Italian research teams have successfully positioned themselves at the forefront of European scientific advancements, particularly in sectors such as quantum technologies, renewable energy, and health technologies.
Austria and Spain: Significant Contributions
Austria and Spain, each with 5 funded projects, demonstrate their strength in areas such as AI, sustainable energy solutions, and advanced materials. Austria has a long-standing tradition of technological innovation, particularly in green technologies, while Spain has become a leader in AI research and digital transformation initiatives.
Notable Representation from Smaller Countries
Although the larger nations such as Italy, Germany, and France frequently dominate the headlines, smaller countries such as Norway, Greece, Finland, and Slovenia continue to punch above their weight in innovation. With projects from diverse areas like sustainable energy (Norway), advanced materials (Greece), and biotech (Finland), these countries are playing a pivotal role in Europe’s broader innovation landscape.
The Role of EIC Pathfinder in Europe’s Innovation Strategy
The EIC Pathfinder is a critical component of the European Union’s Horizon Europe program, fostering disruptive research that has the potential to address global challenges, from climate change to healthcare disparities. By funding early-stage projects that are often too risky for private investment, the EIC Pathfinder ensures that Europe remains at the cutting edge of technological and scientific advancements.
Each selected project will benefit from robust support, including €3.07 million in funding, mentorship, and networking opportunities, all aimed at accelerating their journey from concept to commercialization. The Pathfinder program is not just about advancing science; it’s about translating that science into marketable solutions that will drive Europe’s economic growth and global competitiveness.
What’s Next?
The 45 projects selected in 2024 will now embark on the challenging task of realizing their ambitious research goals. Over the next few years, these projects will work towards key milestones, with continuous monitoring and support from the EIC to ensure their progress. The next submission deadline for EIC Pathfinder is expected in early 2025, where more disruptive projects will be considered for funding, continuing the momentum built by the 2024 cohort.
Conclusion
The 2024 EIC Pathfinder funding round highlights Europe’s commitment to supporting transformative research that has the potential to change the world. With 45 projects selected from 1,110 submissions, representing 17 countries, and an average funding of €3.07 million per project, the latest results underscore the breadth and depth of innovation occurring across Europe. Italy, Austria, and Spain are leading the charge, but smaller countries like Greece, Finland, and Slovenia are also making significant contributions.
As these projects move forward, they have the potential to address some of the most pressing challenges of our time, from climate change to healthcare. The EIC Pathfinder is ensuring that Europe remains a global leader in innovation, nurturing the ideas and technologies that will shape our future.
All Funded Projects
Acronym | Title | Legal Name | Country Coordinator | Year |
---|---|---|---|---|
CIELO | Cavity-Integrated Electro-Optics: Measuring, Converting and Manipulating Microwaves with Light | INSTITUTE OF SCIENCE AND TECHNOLOGY AUSTRIA | Austria | 2024 |
ESOHISTO | Hybrid endoscope for esophageal in vivo histology and histochemistry | MEDIZINISCHE UNIVERSITAET WIEN | Austria | 2024 |
QOSiLICIOUS | Quantum-Optic Silicon as a Commodity: Extending the Trust Continuum till the Edge of ICT Networks | AIT AUSTRIAN INSTITUTE OF TECHNOLOGY GMBH | Austria | 2024 |
QuSPARC | Quantum technology with a spin-photon architecture for thousand-qubit chipsets at telecom wavelengths | OESTERREICHISCHE AKADEMIE DER WISSENSCHAFTEN | Austria | 2024 |
TriFluorium | Tribo-Reactor for fluorine circularity by urban mining | AC2T RESEARCH GMBH | Austria | 2024 |
BiCeps | Bioinspired cellular actuators | VYSOKE UCENI TECHNICKE V BRNE | Czech Republic | 2024 |
BioSinFin | Bioinspired Singlet Fission Photon Multipliers | TECHNISCHE UNIVERSITAET MUENCHEN | Germany | 2024 |
BoneOscopy | Live Cell Spectroscopy Analysis for Personalised Particle Radiation Therapy of Metastatic Bone Cancer | DEUTSCHES KREBSFORSCHUNGSZENTRUM HEIDELBERG | Germany | 2024 |
LongDip | Multivariate optoacoustic sensor for longitudinal diabetes monitoring | HELMHOLTZ ZENTRUM MUENCHEN DEUTSCHES FORSCHUNGSZENTRUM FUER GESUNDHEIT UND UMWELT GMBH | Germany | 2024 |
Heat2Battery | All in One: Harvesting of waste heat with solid thermal battery | DANMARKS TEKNISKE UNIVERSITET | Denmark | 2024 |
SafeTouch | SELF-DISINFECTING, SMART MICROFILMS FOR HEALTHCARE & COMMUNITY ACQUIRED INFECTIONS | ETHNICON METSOVION POLYTECHNION | Greece | 2024 |
TorPropel | Toroidal Propellers for Efficient and Sustainable Aviation | PANEPISTIMIO IOANNINON | Greece | 2024 |
EcoSentinel | Ecological Sentinel | FUNDACIO PRIVADA UNIVERSITAT I TECNOLOGIA | Spain | 2024 |
NanoBiCar | NanoBiCar: A novel immunotherapy for infectious diseases | UNIVERSITAT POLITECNICA DE VALENCIA | Spain | 2024 |
SONOCRAFT | High-throughput ultrasound-based volumetric 3D printing for tissue engineering | UNIVERSITAT DE BARCELONA | Spain | 2024 |
SYNFEED | Synthetic proteins for sustainable animal feeding | UNIVERSITAT POLITECNICA DE VALENCIA | Spain | 2024 |
WATERsense | Ultrasensitive nanoplatform enabling on-site and continuous water pollutant detection based on analyte fingerprinting. | UNIVERSITAT DE BARCELONA | Spain | 2024 |
EQUSPACE | ENABLING NEW QUANTUM FRONTIERS WITH SPIN ACOUSTICS IN SILICON | JYVASKYLAN YLIOPISTO | Finland | 2024 |
RE-IMAGINE-CROPS | RE-IMAGINE-CROPS – A real-time mobile multimodal positron emission tomography and multiphoton endoscopic technology for REalistic in-field quantitative IMAGING of CROPS | EURO-BIOIMAGING ERIC | Finland | 2024 |
ELEQUANT | Entangled Flying Electron Quantum Technology | CENTRE NATIONAL DE LA RECHERCHE SCIENTIFIQUE CNRS | France | 2024 |
PELVITRACK | PELVIc Floor Evaluation live TRACKing – Real-time prediction of perineal trauma | INSTITUT MINES-TELECOM | France | 2024 |
SpinDataCom | SPIN-V(E)CSELS FOR ULTRAFAST AND HIGHLY-EFFICIENT SPACE AND EARTH DATA COMMUNICATIONS | CENTRE NATIONAL DE LA RECHERCHE SCIENTIFIQUE CNRS | France | 2024 |
QCEED | Quantum Dot coupling engineering (and dynamic spin decoupling/deep nuclei cooling): 2-dimensional cluster state generation for quantum information processing | UNIVERSITY COLLEGE CORK - NATIONAL UNIVERSITY OF IRELAND, CORK | Ireland | 2024 |
DDG-MRI | DDG-MRI for cancer detection - A novel medical imaging approach that correlates to FDG-PET without ionising radiation | HADASSAH MEDICAL ORGANIZATION | Israel | 2024 |
BactEradiX | Advanced nanomaterials to target genomic and Z-DNA for bacterial biofilm eradication | ALMA MATER STUDIORUM - UNIVERSITA DI BOLOGNA | Italy | 2024 |
BANTER | Bimodal Ammonia Nuclear Thermal and Electric Rocket | UNIVERSITA DI PISA | Italy | 2024 |
ERMES | INFORMATION TRANSFER BETWEEN MEDICAL DOCTORS AND IMPLANTED MEDICAL DEVICES VIA ARTIFICIAL MOLECULAR COMMUNICATION | UNIVERSITA DEGLI STUDI DI CATANIA | Italy | 2024 |
LEAF | SeLf-powered self-rEshaping Autarkic skin For wireless motes - LEAF | FONDAZIONE ISTITUTO ITALIANO DI TECNOLOGIA | Italy | 2024 |
MULTISCOPE | MULTIMODE NONLINEAR FIBER BASED ENDOSCOPIC IMAGING AND TREATMENT | UNIVERSITA DEGLI STUDI DI ROMA LA SAPIENZA | Italy | 2024 |
MUSMET | Musical Metaverse made in Europe: an innovation lab for musicians and audiences of the future | UNIVERSITA DEGLI STUDI DI TRENTO | Italy | 2024 |
Spectra- BREAST | Multimodal Hypersprectal Imaging and Raman Spectroscopy for Intraoperative Assessment of Breast Tumor Resection Margins | ISTITUTI CLINICI SCIENTIFICI MAUGERI SOCIETA' PER AZIONI SOCIETA' BENEFIT | Italy | 2024 |
THREAD | Thermite reactions assisting satellite demise | POLITECNICO DI MILANO | Italy | 2024 |
VALERIA | Van der Waals materials for integrated nanophotonics | UNIVERSITA DEGLI STUDI DI ROMA LA SAPIENZA | Italy | 2024 |
VirHoX | Hacking the ribosome to map virus-host associations | UNIVERSITA DEGLI STUDI DI PADOVA | Italy | 2024 |
iNSIGHT | INTELLIGENT ENCAPSULATION AND SCREENING PLATFORM FOR PRECISION DELIVERY OF PROBIOTICS TO IMPROVE GUT HEALTH | WAGENINGEN UNIVERSITY | Netherlands | 2024 |
ReverseStroke | Restoring movement lost to stroke | ONWARD MEDICAL NV | Netherlands | 2024 |
ELLIPTIC | ExpLoring Lithium tantalate on Insulator PhoTonic Integrated Circuits | NORGES TEKNISK-NATURVITENSKAPELIGE UNIVERSITET NTNU | Norway | 2024 |
OPTIPATH | ADAPTIVE OPTICAL METASURFACES FOR REAL-TIME, LABEL-FREE AND NON-DESTRUCTIVE 7D DIGITAL PATHOLOGY | SINTEF AS | Norway | 2024 |
SCALPEL | Specific Conjugation of Antibodies to Lipid Photo-peroxidised cancer tissues for their immunogenic ELimination | OSLO UNIVERSITETSSYKEHUS HF | Norway | 2024 |
CancerScan | Smart pathology slide scanner for diagnosis and patient-specific treatment recommendation in oncology | NEOVIVUM TECHNOLOGIES DOO NOVI SAD | Serbia | 2024 |
1MICRON | NEW TECHNOLOGY FOR 1 MICRON RESOLUTION BIOMEDICAL IMAGING | KUNGLIGA TEKNISKA HOEGSKOLAN | Sweden | 2024 |
TauEB | Tau-E Breakthrough (TauEB): Infinite clean energy through fusion power to the grid & beyond | KUNGLIGA TEKNISKA HOEGSKOLAN | Sweden | 2024 |
VOLUMINEX | Instrument-free 3D molecular imaging with the VOLumetric UMI-Network EXplorer | KUNGLIGA TEKNISKA HOEGSKOLAN | Sweden | 2024 |
REMEDY | Archibiome tattoo for resistant, responsive, and resilient cities | INNORENEW COE CENTER ODLICNOSTI ZA RAZISKAVE IN INOVACIJE NA PODROCJU OBNOVLJIVIH MATERIALOV IN ZDRAVEGA BIVANJSKEGA OKOLJA | Slovenia | 2024 |
IMProGlyco | Inhibitor-Mediated Programming of Glycoforms | UNIVERSITY OF LEEDS | United Kingdom | 2024 |
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The articles found on Rasph.com reflect the opinions of Rasph or its respective authors and in no way reflect opinions held by the European Commission (EC) or the European Innovation Council (EIC). The provided information aims to share perspectives that are valuable and can potentially inform applicants regarding grant funding schemes such as the EIC Accelerator, EIC Pathfinder, EIC Transition or related programs such as Innovate UK in the United Kingdom or the Small Business Innovation and Research grant (SBIR) in the United States.
The articles can also be a useful resource for other consultancies in the grant space as well as professional grant writers who are hired as freelancers or are part of a Small and Medium-sized Enterprise (SME). The EIC Accelerator is part of Horizon Europe (2021-2027) which has recently replaced the previous framework program Horizon 2020.
This article was written by ChatEIC. ChatEIC is an EIC Accelerator assistant that can advise on the writing of proposals, discuss current trends and create insightful articles on a variety of topics. The articles written by ChatEIC can contain inaccurate or outdated information.
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