The European Innovation Council (EIC) is a European Union initiative established under the Horizon Europe programme with a budget of over €10 billion to support high-risk, high-impact innovations throughout their lifecycle. It serves as a funding agency, providing grants and equity investments to startups and SMEs, with a focus on "deep tech" innovations in areas like new space technologies, generative AI and agri-tech. The EIC aims to identify, develop, and scale up breakthrough technologies, fostering European leadership in the space sector and beyond and partners with organizations like Thales Alenia Space to foster innovation.
All verified mentions of this organization in source documents.
Support from the European Commission's European Innovation Council has contributed to the development of Infinite Orbits' mission.
The mission is supported by the European Commission’s European Innovation Council and cofunded by the national government’s France 2030 program.
The new funding round included participation from Riot Ventures, Google Ventures, Lux Capital, Shrug Capital, and the European Innovation Council Fund.
The funding round included participation from Riot Ventures, Google Ventures, Lux Capital, the European Innovation Council Fund, and Shrug Capital.
The European Innovation Council and SMEs Executive Agency funded the ALBATOR project in June 2025 for a 3.5-year initiative to develop a contactless debris removal method.
The Series A funding round was supported by Eurazeo, the European Innovation Council, the European Investment Bank, and the Luxembourg Future Fund II.
Space Cargo Unlimited secured a €12.5 million blended investment from the European Innovation Council Accelerator programme just over two months before the Series A announcement.
E.T.PACK-F is funded with 2.5 million euros by the European Innovation Council (EIC).
Expansion and Technofounders participated in Ion-X’s 2022 seed round and provided funding in the Series A alongside new investors including the European Innovation Council Fund and the Île-de-France Region through its Reindustrialization Fund managed by Innovacom.
The Series A consortium includes Starquest Capital, the European Innovation Council Fund, the French State through its Deeptech 2030 fund managed by Bpifrance, Expansion Ventures, Space Founders France, and Wind Capital.
Arcsec received a 1,300,000 EUR grant from the European Innovation Council to support its star tracker upgrades.
Isar Aerospace won the European Innovation Council Horizon Prize for low-cost space launch and received 10,000,000 EUR.
Hiber raised 26,000,000 EUR from the European Innovation Council Fund and private investors in March.
The European Innovation Council Fund (EIC Fund) awarded Hiber a share of its €278 million Innovation Fund.