EIC SCALING CLUB WELCOMES EUROPE’S TOP DEEPTECH SCALE-UPS TO AN EXCLUSIVE COMMUNITY

On October 21-22, the European Innovation Council (EIC) announced 72 new deep tech scale-ups joining the prestigious EIC Scaling Club at the Scale 100 Forum in Athens, Greece. This vibrant community of over 120 promising European scale-ups is carefully curated to drive growth, innovation, and impact across multiple critical global sectors. The EIC Scaling Club unites some of Europe’s brightest minds, including scale-up founders, corporate innovators, investors, and industry leaders, with the shared goal of fostering the growth of companies primed to solve some of the world’s biggest challenges.

What is the EIC Scaling Club?

Funded by the EIC and orchestrated in collaboration with esteemed partners like Tech Tour, Bpifrance (EuroQuity), Hello Tomorrow, Tech.eu (Webrazzi), EurA, and IESE Business School, the EIC Scaling Club aims to nurture the development of Europe’s best deep tech scale-ups. These companies span a range of markets, from Agri & Food Tech and Batteries & Energy Storage to Cardiovascular Therapies and Clean Fuels, and are selected based on their growth trajectory, innovative technology, and market potential.

The EIC Scaling Club provides members with essential resources, including:

  • Fundraising support from the newly formed EIC Trusted Investor Network, a group of over 50 prominent technology venture capitalists and investors.
  • Leadership mentoring and coaching to help founders and executives scale their operations.
  • Corporate partnership matchmaking to facilitate valuable connections with top corporations.
  • Media visibility, recruitment support, and more, all aimed at fast-tracking members towards becoming industry leaders.

The ultimate goal? To help 20% of the Club’s members reach unicorn status—valuations exceeding €1 billion.

A Cross-Section of the 2023 Cohort: Agri & Food Tech

Among the 72 new companies selected to join this year, 11 belong to the Agri & Food Tech sector, underscoring the significance of sustainable food production and agricultural technologies in Europe’s deep tech ecosystem. These companies include:

The Impact and Importance of the EIC Scaling Club

The EIC Scaling Club’s unique model of blending financial resources, strategic mentorship, and industry networking presents European deep tech scale-ups with unparalleled support. By combining forces with top venture capitalists through the EIC Trusted Investor Network, these scale-ups gain increased access to funding. This collaboration bolsters their capacity to bring breakthrough solutions to market, enhancing their ability to address crucial issues like sustainable agriculture, clean energy, and medical advancements.

Driving European Innovation Forward

The EIC Scaling Club exemplifies Europe’s commitment to supporting innovation ecosystems that address some of today’s most pressing needs. The initiative represents a beacon of opportunity for Europe’s deep tech scale-ups, providing them with the resources, connections, and confidence needed to disrupt industries and expand their global reach.

As these companies continue to progress and transform ideas into impactful solutions, they carry forward Europe’s vision of a resilient, sustainable future driven by deep tech innovation. The newly introduced members of the EIC Scaling Club are poised to become industry powerhouses, tackling challenges that matter most for our society and our planet.

For more information: https://eicscalingclub.eu/.