EIC Accelerator March 2025 Results: The Newest Winners
Europe Backs 40 High-Growth Tech Pioneers in Latest EIC Accelerator Funding Round FIND THE LATEST RESULTS HERE Brussels, Belgium – June 30, 2025 – The European Innovation Council (EIC) has announced the selection of 40 innovative companies to receive a total of approximately €229 million in funding under the latest EIC Accelerator program. The results, published today, follow a highly competitive selection process with a grant application cutoff date of March 12, 2025. The funded startups and SMEs represent the pinnacle of European deep-tech and breakthrough innovation, poised to scale up and compete on the global stage. With an average ticket size of €5.73 million per company, this substantial investment underscores the EIC’s commitment to fostering a new generation of European tech giants. A staggering 87.5% of the successful applicants, totaling 35 companies, will receive blended finance, a combination of grant funding and equity investment. This popular funding model ensures that companies not only have the resources for research and development but also the long-term financial backing to successfully bring their innovations to market. In this round, four companies (10%) secured grant-only funding, while one company (2.5%) will receive equity-only investment. The selection process for the EIC Accelerator is notoriously rigorous. While the total number of applicants for the initial stages (Step 1 and Step 2) was not disclosed, the success rate for companies that reached the final interview stage (Step 3) stood at 27%. Diverse Representation Across Europe The 40 winning companies hail from 16 different countries, showcasing a broad geographical distribution of innovation across the continent. Germany leads the pack with seven funded companies (17.5%), followed closely by Spain with five (12.5%). The Netherlands and Sweden each saw four companies selected (10%), while France and the United Kingdom both have three successful applicants (7.5%). Other countries represented among the winners include Denmark, Finland, Ireland, and Poland, each with two companies. Austria, Belgium, Czechia, Israel, Italy, and Luxembourg each have one company receiving funding. This diverse cohort of winners reflects the EIC’s mission to support excellence in innovation wherever it may arise within the European Research Area and associated countries. The variety of sectors and technologies represented, from life sciences and digital technologies to energy and sustainability, highlights the multifaceted nature of Europe’s innovation landscape. The successful companies will now enter into grant agreement preparations and will be supported by the EIC Fund for the equity investment component. This financial injection will be complemented by access to the EIC’s Business Acceleration Services, providing coaching, mentoring, and networking opportunities to help them navigate the challenges of scaling up. The next opportunity for ambitious startups and SMEs to apply for the EIC Accelerator will be the upcoming grant application cutoff for Step 2 on October 1, 2025. Raw Data Type of Funding Blended Finance: 35 companies (87.5%) Equity Only: 1 company (2.5%) Grant Only: 4 companies (10%) Budget Total Budget: €229 million Average ticket size: €5.73 million Deadlines Grant application cutoff date for Step 2: March 12th 2025 Published results date: June 30th 2025 Success Rates Step 3: 40 out of 150 (27%) Step 1 and Step 2 applicant numbers were not published. EIC Accelerator Winners There are 16 different countries among the funded companies. Total winners: 40 companies EIC Accelerator Country Distribution Germany (7 companies and 17.5%) Spain (5 companies and 12.5%) Netherlands (4 companies and 10%) Sweden (4 companies and 10%) France (3 companies and 7.5%) United Kingdom (3 companies and 7.5%) Denmark (2 companies and 5%) Finland (2 companies and 5%) Ireland (2 companies and 5%) Poland (2 companies and 5%) Austria (1 company and 2.5%) Belgium (1 company and 2.5%) Czechia (1 company and 2.5%) Israel (1 company and 2.5%) Italy (1 company and 2.5%) Luxembourg (1 company and 2.5%) Full EIC Accelerator Beneficiary List
