The European Commissioner for Research and Innovation, Mariya Gabriel, announced on Thursday 17 November that the European Innovation Council Fund (EIC Fund) has taken its first investment decisions to make equity investments in 35 ‘high-risk, high-potential’ innovative companies under the EU’s research and innovation programme, Horizon Europe.
The total EU funds invested in the form of equity in this package amount to €190 million. These funds will enable deep-tech companies to...