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EIC Accelerator – 68 deep-tech start-ups in the latest funding round
The European Innovation Council (EIC) selected 68 companies for funding, combining grants and equity, following the first in 2024 EIC Accelerator cut-off in March.
The companies were selected in a highly competitive process. From a total of 969 companies that submitted a full proposal, 347 companies were interviewed by juries of experienced investors and entrepreneurs. The jury then selected the 68 best companies to receive funding. The selected companies have a geographical spread spanning 17 countries. Together, the selected companies will receive an estimated €411 million in funding, of which up to €165 million in grants and an estimated €245 million in equity.
Among the selected companies is Pharrowtech, based in Leuven (https://pharrowtech.com/). Pharrowtech spun out of IMEC and designs and develops mmWave radio frequency technology for next-generation wireless applications.
More information in the European Innovation Council's news article.
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MareGraph - Towards an Interoperable Marine Knowledge Graph
The MareGraph project, ‘Towards an Interoperable Marine Knowledge Graph’, obtained funding under the Digital Europe topic ‘OPEN-AI – Public Sector Open Data for AI and Open Data Platform’. The project will increase the semantic, technical, and legal interoperability of three selected high-valued datasets (HVDs) all maintained by the Flanders Marine Institute (VLIZ), which is one of the four partners of the project. This will allow the onboarding of essential marine datasets in the Common European Data Spaces. As such MareGraph will provide a structural component in the digital transition of the marine landscape. The numerous impacts of the project will benefit our seas globally in old and new ways to come.
