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Stories: AlphaSense raised $50 Million Series B led by Innovation Endeavors

The EIC created a new Story | 24 July 2019

AlphaSense, an European Innovation Council pilot's funded artificial intelligence (AI) platform, has secured $50 million in a Series B funding round led by Innovation Endeavors. Other investors in the funding round include Soros Fund Management LLC, through its private investment vehicle, and other existing investors. The company was launched in 2011 and has already raised more than $90 million.

Stories: Hyundai Motor and Kia Motors invest 80 M€ in Rimac and establish a technology partnership

The EIC created a new Story | 16 July 2019

Hyundai Motor Company and Kia Motors Corporation have jointly invested 80M Euros in Rimac Automobili (Rimac) - the European Innovation Council pilot's funded 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.

Stories: The EIC pilot goes to space

The EIC created a new Story | 8 July 2019

The European Innovation Council (EIC) Pilot has been funding multiple projects dealing with New Space technologies over the years. Aerospace, Internet of Things, telecommunications, Earth observation, agriculture: these are only few of the domains that the funded companies are revolutionising thanks to their disruptive work.

Stories: DNA Script raised $38.5 Million in Series B Financing

The EIC created a new Story | 4 July 2019

The European Innovation Council pilot's funded company DNA Script  raised $38.5 Million in Series B Financing led by LSP, one of Europe's largest and most experienced healthcare investment firms. The proceeds will enable DNA Script to accelerate the development of the company's first products based on its industry-leading enzymatic technology for de novo synthesis of nucleic acids.

News: Expert evaluators needed to select the best tech-based innovations for humanitarian aid

The EIC created a new Story | 2 July 2019

The European Commission is looking for experts to review applications for the EIC Horizon Prize for Affordable High-Tech for Humanitarian Aid. The challenge of this Prize is to develop innovative solutions for the delivery of humanitarian aid based on frugal application of advanced technologies. The Prize, with a total value of €5 million, will be allocated in five awards of €1 million each for the best, proven, cost-effective tech-based solution for humanitarian aid in five distinct thematic areas: shelter and related assistance; water, sanitation and hygiene; energy; health and medical care; other forms of humanitarian aid ("open category").

News: Do not miss the opportunity to exhibit at Transport Research Arena 2020 conference in Helsinki from 27 to 30 April 2020

The EIC updated the Story | 19 June 2019

The Transport Research Arena 2020 conference (TRA 2020) is hosted and organised by the Finnish Ministry of Transport and Communications, the Finnish Transport and Communications Agency, the Finnish Transport Infrastructure Agency, Business Finland, VTT and co-organised by the European Commission, will take place in Helsinki, from 27 to 30 April 2020. 

Stories: KnowBe4 acquires CLTRe with a spotlight on security culture measurement

The EIC created a new Story | 17 June 2019

KnowBe4, the provider of the world’s largest security awareness training (SAT) and simulated phishing platform, announced the acquisition of CLTRe - pronounced “Culture” - the European Innovation Council pilot's Norwegian company focused on helping organizations assess, build, maintain and measure a strong security posture. CLTRe will continue to operate as an independent subsidiary of KnowBe4, and service customers globally. CLTRe’s Toolkit and Security Culture Framework will be available to all KnowBe4 customers later this year.  

Stories: Infarm raises $100 million to expand its urban farming platform to the U.S. and beyond

The EIC created a new Story | 12 June 2019

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.