EIC Accelerator

The EIC Accelerator is a Horizon Europe funding program that provides assistance to start-ups and SMEs that have an innovative, game-changing product, service, or business model that has the potential to create new markets or disrupt existing ones, and have the ambition and commitment to scale up, are seeking substantial funding, but the risks involved are too high for private investors to invest alone

Svetoslava Georgieva

Permanent member of the Investment Committee

Past deals in Renewables

Nuada

Grant in 2025
Nuada is a vertically integrated company specializing in carbon capture technology aimed at decarbonizing heavy industries. The firm develops next-generation point-source capture solutions designed to facilitate energy-efficient CO2 filtration for industrial emitters in sectors that are difficult to decarbonize. By offering innovative technologies, Nuada enables these industries to meet their Net Zero targets while minimizing financial impacts. The company is committed to providing effective environmental solutions that address the challenges of carbon emissions in various industrial applications.

Brineworks

Seed Round in 2025
Brineworks is a technology company specializing in ocean-based carbon capture. It operates a high-efficiency saltwater electrolyzer that extracts CO2 directly from seawater, generating green hydrogen as a byproduct. This process enables businesses to access large-scale, affordable carbon removal solutions, contributing to responsible climate change mitigation efforts.

AirForestry

Venture Round in 2025
AirForestry innovates forest management by thinning forests from the air using electric drones. This method reduces carbon emissions from traditional forestry work while increasing a forest's carbon sequestration capacity by freeing up land previously used for access roads.

Enairon

Grant in 2025
Spira Energy 's technology is focused on a new compressing air concept which creates unique high-efficiency opportunities.

Blykalla

Grant in 2025
Blykalla is a Swedish company focused on the development and production of advanced small modular reactors (SMRs). Drawing on more than 25 years of research, its reactor concepts aim to provide reliable baseload energy to support a fossil-free energy transition. The company develops lead-cooled reactor designs, featuring cores configured to achieve criticality with enriched uranium oxide fuels, enabling clients to develop, license, and operate small lead-cooled reactors in Sweden. Blykalla emphasizes safety and modularity, offering scalable power solutions for diverse sites while reducing carbon emissions.

Blykalla

Venture Round in 2025
Blykalla is a Swedish company focused on the development and production of advanced small modular reactors (SMRs). Drawing on more than 25 years of research, its reactor concepts aim to provide reliable baseload energy to support a fossil-free energy transition. The company develops lead-cooled reactor designs, featuring cores configured to achieve criticality with enriched uranium oxide fuels, enabling clients to develop, license, and operate small lead-cooled reactors in Sweden. Blykalla emphasizes safety and modularity, offering scalable power solutions for diverse sites while reducing carbon emissions.

Enairon

Venture Round in 2025
Spira Energy 's technology is focused on a new compressing air concept which creates unique high-efficiency opportunities.

Barocal

Grant in 2025
Barocal develops innovative cooling technology designed to meet low-carbon refrigeration needs. Its proprietary materials undergo significant thermal changes under pressure application and removal, enhancing energy efficiency and eliminating greenhouse gas warming impact in commercial food and drink refrigeration.

CorPower Ocean

Grant in 2025
Founded in 2009, CorPower Ocean develops high-efficiency Wave Energy Converters (WECs). Its patented technology features a heaving buoy connected to the seabed via a taut mooring line, enabling a lightweight system with high natural frequency of oscillation. This results in five times higher annual energy output compared to traditional solutions, making it cost-competitive with offshore wind. The company is based in Sweden with additional offices in Portugal, Norway, and the UK.

CorPower Ocean

Venture Round in 2025
Founded in 2009, CorPower Ocean develops high-efficiency Wave Energy Converters (WECs). Its patented technology features a heaving buoy connected to the seabed via a taut mooring line, enabling a lightweight system with high natural frequency of oscillation. This results in five times higher annual energy output compared to traditional solutions, making it cost-competitive with offshore wind. The company is based in Sweden with additional offices in Portugal, Norway, and the UK.

AirForestry

Grant in 2025
AirForestry innovates forest management by thinning forests from the air using electric drones. This method reduces carbon emissions from traditional forestry work while increasing a forest's carbon sequestration capacity by freeing up land previously used for access roads.

Nuada

Grant in 2025
Nuada is a vertically integrated company specializing in carbon capture technology aimed at decarbonizing heavy industries. The firm develops next-generation point-source capture solutions designed to facilitate energy-efficient CO2 filtration for industrial emitters in sectors that are difficult to decarbonize. By offering innovative technologies, Nuada enables these industries to meet their Net Zero targets while minimizing financial impacts. The company is committed to providing effective environmental solutions that address the challenges of carbon emissions in various industrial applications.

Catalyxx

Grant in 2024
Catalyxx Inc is a manufacturer specializing in sustainable chemical processes. It employs thermo-chemical catalytic technology to produce renewable chemicals, aiming to replace the use of fossil fuels. The company develops catalysts to create biofuels, such as GrenOl, a bio-based aviation fuel substitute for diesel, and other chemicals derived from ethanol. This enables clients to transition from petrochemical products traditionally made from crude oil to sustainable and bio-based alternatives, promoting a greener, more efficient, and sustainable industry.

Turn2X

Grant in 2024
Turn2X specializes in developing innovative technology for producing renewable natural gas (RNG). The company converts renewable electricity from sources like solar and wind into RNG, offering industries a clean and green alternative to fossil fuels.

Proxima Fusion

Seed Round in 2024
Proxima Fusion develops innovative fusion power plants using optimized stellarators. These magnetic confinement devices aim to generate emissions-free power through nuclear fusion, providing a clean and safe energy source.

Solmeyea

Grant in 2024
Solmeyea is a biotechnology company specializing in producing single-cell proteins from CO2 at scale. These proteins serve as carbon-negative ingredients for various food applications. The company also explores producing biomaterials and commodities from CO2, aiming to contribute to CO2 circularity. Solmeyea collaborates with corporations emitting high levels of CO2, transforming their emissions into valuable products to address climate change and food insecurity.

Proxima Fusion

Grant in 2024
Proxima Fusion develops innovative fusion power plants using optimized stellarators. These magnetic confinement devices aim to generate emissions-free power through nuclear fusion, providing a clean and safe energy source.

Blixt

Venture Round in 2024
Blixt designs and manufactures semiconductor-based circuit breakers and household fuses to support smart metering and smart grid services. Its solid-state technology platform includes circuit breakers and next-generation battery system architecture, delivering a more reliable, flexible, and efficient electricity infrastructure and enabling software-defined power through real-time control of currents and voltages.

Solmeyea

Seed Round in 2024
Solmeyea is a biotechnology company specializing in producing single-cell proteins from CO2 at scale. These proteins serve as carbon-negative ingredients for various food applications. The company also explores producing biomaterials and commodities from CO2, aiming to contribute to CO2 circularity. Solmeyea collaborates with corporations emitting high levels of CO2, transforming their emissions into valuable products to address climate change and food insecurity.

Ore Energy

Seed Round in 2024
Ore Energy is an innovative company based in Amsterdam, North Holland, focusing on the development of a new generation of cost-effective, multi-day energy storage systems. Officially launched in 2023, Ore Energy is dedicated to enhancing the integration of renewable energy, thereby facilitating a fully decarbonized electricity grid. The company's advanced battery technology aims to provide reliable access to renewable energy, enabling consumers to utilize clean energy whenever necessary. By promoting the effective storage of renewable resources, Ore Energy plays a crucial role in the transition towards sustainable energy solutions.

Ore Energy

Grant in 2024
Ore Energy is an innovative company based in Amsterdam, North Holland, focusing on the development of a new generation of cost-effective, multi-day energy storage systems. Officially launched in 2023, Ore Energy is dedicated to enhancing the integration of renewable energy, thereby facilitating a fully decarbonized electricity grid. The company's advanced battery technology aims to provide reliable access to renewable energy, enabling consumers to utilize clean energy whenever necessary. By promoting the effective storage of renewable resources, Ore Energy plays a crucial role in the transition towards sustainable energy solutions.

Marvel Fusion

Grant in 2024
Marvel Fusion develops fusion energy technology using a laser-based reactor. Its innovative approach offers clean, safe, and reliable energy solutions, aiming to commercialize baseload fusion electrical power.

Blixt

Grant in 2024
Blixt designs and manufactures semiconductor-based circuit breakers and household fuses to support smart metering and smart grid services. Its solid-state technology platform includes circuit breakers and next-generation battery system architecture, delivering a more reliable, flexible, and efficient electricity infrastructure and enabling software-defined power through real-time control of currents and voltages.

Kitemill

Grant in 2024
Kitemill develops technology for generating renewable energy safely and cost-effectively using airborne wind power. This innovative approach harnesses the stronger, more consistent winds high above Earth's surface, offering a nearly unlimited source of clean energy.

Build to Zero

Seed Round in 2024
Build to Zero specializes in thermal energy storage technology for decarbonizing industrial heat. It develops electricity-based heating solutions, enabling industries to shift from coal to renewable energy sources, thereby reducing carbon emissions and enhancing grid flexibility.

Catalyxx

Venture Round in 2024
Catalyxx Inc is a manufacturer specializing in sustainable chemical processes. It employs thermo-chemical catalytic technology to produce renewable chemicals, aiming to replace the use of fossil fuels. The company develops catalysts to create biofuels, such as GrenOl, a bio-based aviation fuel substitute for diesel, and other chemicals derived from ethanol. This enables clients to transition from petrochemical products traditionally made from crude oil to sustainable and bio-based alternatives, promoting a greener, more efficient, and sustainable industry.

Build to Zero

Grant in 2024
Build to Zero specializes in thermal energy storage technology for decarbonizing industrial heat. It develops electricity-based heating solutions, enabling industries to shift from coal to renewable energy sources, thereby reducing carbon emissions and enhancing grid flexibility.

Hyperion Robotics

Grant in 2024
Hyperion Robotics specializes in the automated and sustainable production of low-carbon concrete structures for the construction industry. The company employs industrial robots along with proprietary hardware and software to create optimized and reinforced concrete solutions. By focusing on sectors such as energy, water utilities, and infrastructure, Hyperion Robotics aims to enhance the efficiency and sustainability of construction projects. Their innovative approach not only streamlines the construction process but also addresses the growing demand for environmentally responsible building practices.

Dunia Innovations

Grant in 2024
Dunia Innovations is pioneering the development of the world's first self-driving laboratory dedicated to electrocatalytic CO2 utilization. The company aims to facilitate the energy transition by addressing challenges in scalable carbon utilization, thereby fostering a circular carbon economy. By transforming carbon dioxide into valuable chemicals and fuels, Dunia Innovations helps businesses understand their carbon footprints and actively contributes to achieving net zero emissions. Through its innovative approach, the company seeks to significantly accelerate catalyst research and optimize processes for effective carbon management.

Turn2X

Seed Round in 2024
Turn2X specializes in developing innovative technology for producing renewable natural gas (RNG). The company converts renewable electricity from sources like solar and wind into RNG, offering industries a clean and green alternative to fossil fuels.

Marvel Fusion

Venture Round in 2024
Marvel Fusion develops fusion energy technology using a laser-based reactor. Its innovative approach offers clean, safe, and reliable energy solutions, aiming to commercialize baseload fusion electrical power.

Dunia Innovations

Seed Round in 2024
Dunia Innovations is pioneering the development of the world's first self-driving laboratory dedicated to electrocatalytic CO2 utilization. The company aims to facilitate the energy transition by addressing challenges in scalable carbon utilization, thereby fostering a circular carbon economy. By transforming carbon dioxide into valuable chemicals and fuels, Dunia Innovations helps businesses understand their carbon footprints and actively contributes to achieving net zero emissions. Through its innovative approach, the company seeks to significantly accelerate catalyst research and optimize processes for effective carbon management.

D-CRBN

Seed Round in 2024
D-CRBN is a climate technology company specializing in transforming captured carbon dioxide into sustainable raw materials. Its proprietary platform converts carbon dioxide into circular carbon monoxide, serving as a feedstock for chemicals, polymers, or e-fuels production.

Cellfion

Grant in 2024
Cellfion is a company focused on providing sustainable materials for advanced clean energy storage and conversion technologies. It specializes in the development of forest-based ion-exchange membranes and nanoparticle dispersions, aiming to transform the green energy sector. By manufacturing and commercializing nitrocellulose membranes, Cellfion offers a reliable and adaptable alternative to traditional fossil-based membranes. This innovation not only enhances the efficiency of electrochemical energy storage and conversion devices but also significantly reduces costs, thereby supporting the transition to sustainable energy solutions.

FLASC

Seed Round in 2024
FLASC is a start-up developing unique energy storage technology for offshore renewables.

Plexigrid

Seed Round in 2024
Plexigrid specializes in modernizing electricity grids to facilitate the global shift towards renewable energy. They offer solutions that empower distribution grid operators to enhance efficiency and actively drive the transformation required for a successful energy transition.

Hyme

Grant in 2024
Provider of energy storage services intended to improve the integration of sustainable energy in the energy system. The company offers to transform intermittent renewable energy into decarbonization of power and heat generation at a large scale, enabling clients to store electricity in the form of high-temperature heat in molten salt.

Carbominer

Grant in 2024
Carbominer is a climate technology company that develops modular direct air capture modules to remove carbon dioxide from the open air. It serves greenhouse operators and commercial clients seeking sustainable operations by providing green CO2 as a service and installation for carbon capture modules. The company offers plug-and-play DAC technology housed in transportable 20-foot containers designed to run on intermittent renewable electricity, enabling local capture without the need for liquefaction, storage, or long-distance transport. Applications include indoor agriculture, construction decarbonisation, and carbon removals. Carbominer was founded in 2020 and is based in Kiev, Ukraine.

AEInnova

Series A in 2022
AEInnova develops autonomous industrial monitoring devices for predictive maintenance. Its flagship device InduEye is battery-free, self-powered, and capable of edge computing for real-time vibration, thermal, and steam-trap monitoring, powered by waste heat with optional solar or wind energy. It uses LoRaWAN or NB-IoT/LTE-CAT M for communications and streams data to cloud dashboards with analytics, alarms, and environmental impact analysis. The system aims to reduce downtime and maintenance costs through non-invasive, self-sustaining monitoring. Certifications include CE and ATEX/IECEX, with FCC ongoing. The technology is deployed across sectors such as oil and gas, aluminium, steel, paper, rubber, water treatment, and energy, with customers including Repsol, Cepsa, ArcelorMittal, Enel, and others. AEInnova has been recognized as a leading EU scale-up with multiple awards and EC funding, and participates in EU R&D initiatives related to energy harvesting and high-temperature IoT.

Circu Li-ion

Grant in 2022
Circu Li-ion is a Luxembourg-based startup specializing in automated battery disassembly and diagnostics. Its proprietary platform enables remanufacturing, reuse, and recycling of lithium-ion batteries at scale and cost-effectively. The platform comprises three core pillars: a battery library, application layer, and robotic disassembly systems. These systems reduce reliance on manual labor by 47%, achieve high robot autonomy (67%), enhance safety, and recover up to 95% of battery components for reuse or recycling.

ChainCraft

Grant in 2021
ChainCraft is a company focused on mixed culture fermentation technology aimed at producing sustainable bio-based chemicals for the chemical, food, and feed industries. Their innovative approach utilizes waste mitigation services to convert low-grade organic residues, such as food waste, agricultural byproducts, and the organic fraction of municipal solid waste, into high-value fatty acids. By transforming biobased organic waste streams into valuable chemical building blocks, ChainCraft offers a competitive alternative to traditional industry-produced chemicals, promoting environmental sustainability and resource efficiency in the chemical industry.
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