EIC Chooses Nine Quantum Tech Start-ups in Latest Funding Round

Insider Brief

  • The European Innovation Council (EIC) announced the results of its most competitive funding rounds yet, selecting nine quantum technology start-ups and SMEs to receive grants from the Transition and Accelerator programs.
  • Five start-ups were awarded funding under the EIC Transition initiative, each receiving approximately €2.5 million to advance lab-stage quantum technologies toward market readiness.
  • Four quantum technology SMEs secured grants under the EIC Accelerator initiative, including SemiQon (€17.5 million) and eleQtron (€12.5 million), to scale up innovations with higher technology readiness levels.

PRESS RELEASE — The European Innovation Council (EIC) recently announced the results of their Transition and Accelerator…

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