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stories-authenteq
European Innovation Council (EIC) pilot’s funded company Authenteq was named one of the 5 hottest scale-ups from up and coming tech hubs by the Next Web.
With oceans becoming clogged by plastics, companies are introducing eco-friendly consumer products to take advantage of the public growing concerns over plastic waste. Most of the plastics are actually packaging. This problem has been addressed by some biodegradable solutions such as bioplastic, paper or even bamboo containers. However, they still need at least half a year to degrade. Warsaw-based manufacturer Biotrem is making more than 10 million pieces of biodegradable disposable (single-use) tableware and cutlery that compost — without need for industrial composting facilities — within 30 days.
The European Innovation Council pilot's funded company InnovaFeed, specialized in the production of insect proteins, announced to have completed a round of 40 million euros, the majority in the form of capital, led by a group of investors by Creadev, the Mulliez family's fund, and Temasek, the Singaporean investment giant. These follow the historical shareholders of the company, including Accuracy partners and Olivier Duha, co-founder of Webhelp, in a total of over 55 M€ secured in 2018
Unlike fresh humus such as compost, stable humus makes a long-term contribution to soil fertility. It takes many years to form naturally - but now, for the first time, a manufactured granulate is available. European Innovation Council pilot's funded company Novihum Technologies is offering this product as an instant, lasting fix for tired soils is carrying out EU-funded research and development for its commercialisation.
stories-infarm
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.
As we are coming close to the end of the year, it’s time to take a look at the achievements of 2019. This year, the Business Acceleration Services dove into Corporate Days, Investor Days and e-Pitching events that joint innovative SMEs to compete in global markets. Read the 2019 takeaways, discover our highlights and see how to continue vibrating with the EIC Community in 2020.
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.

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