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Infarm, a Germany-based European Innovation Council pilot's funded company that distributes “modular farms” to grocery stores and other urban locations, has raised $100 million in a series B round of equity and debt funding led by Atomico, with participation from existing investors including Balderton Capital, Cherry Ventures, Astanor Ventures, and TriplePoint Capital.
stories-rimac
Hyundai Motor Company and Kia Motors Corporation have jointly invested 80 M€ in Rimac Automobili - the Croatian high-performance electric vehicle technology and sportscar company. The companies have announced a strategic partnership to collaborate on the development of high-performance electric vehicles.
The EIC-funded company won the European Scale-Up Award 2019, endowed with 100,000€.
Seventy-five promising start-ups and SMEs have been selected in the largest funding round so far under the pilot phase of the European Innovation Council (EIC) Accelerator.
4 EIC-funded companies were selected to participate in the fourth joint EBAN/EIC CyberSecurity. On January 30th they will present their business and their next investment round in a 6-minute pitch.
The EIC created a new Story 21 February 2020
On 19-20 February 2020, companies supported under the European Innovation Council (EIC)  had the opportunity to accelerate their business collaborating with AB InBev, the world’s leading brewer and one of Europe’s biggest food and drinks companies. AB InBev opened its doors to 32 SMEs to pitch and present their business cases at the group’s Global Innovation and Technology Center (GITEC) in its home city of Leuven, Belgium.
For the first time the European Innovation Council organised an Innovation Procurers Day, together with the German Association for Supply Chain Management, Procurement and Logistics (BME) and its members. During this day 9 EIC-backed innovators had the exclusive chance to pitch to innovative procurers from the Pharma industry. The event took place in Dresden, Germany on 4 March 2020 as part of the 5th Pharma Supply Chain Congress (3-5 March 2020).
Janny van den Eijnden-van Raaij, the managing director of hDMT (Institute for Human Organ and Disease Model Technologies) tells us more about how Organ-on-Chip technology can mimic human physiology and the project ORCHID (ORgan-on-Chip In Development)funded by the Future and Emerging Technologies (FET) program.
Greening agriculture is one of the main challenges in the fight against climate change. In line with the European Green Deal, the European Commission adopted a comprehensive new Biodiversity Strategy to bring nature back into our lives and a Farm to Fork Strategy for a healthy and environmentally friendly food system. Many pesticides and antibiotics are being banned to ensure healthier food, boost organic farming and privilege the use of eco-friendly solutions. Founded in 2018, the EIC-funded innovation developed by Agrosustain is a good example working on this domain. The Swiss start-up is trying to reduce food waste and promote sustainable agriculture with natural solutions for pest management.
Yousef Yousef is an innovator at heart with an entrepreneurial mindset. From developing original technological solutions that are environment-friendly to setting up new businesses and coaching innovative start-ups into becoming scale-ups. His passion lies with green scale-ups. He is the proud CEO of LG Sonic, a leading example of what a green innovative SME can achieve. At LG Sonic, they reduce chemical cost by controlling algae and biofilm in different applications like surface water, industrial water, and maritime.

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