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European Innovation Council

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Investment Portfolio

    DEScycle unlocks £5.5m in funding to recover critical and precious metals from electronic wasteDEScycle unlocks £5.5m in funding to recover critical and precious metals from electronic waste
    DEScycle
    2 Jun 2026

    DEScycle unlocks £5.5m in funding to recover critical and precious metals from electronic waste

    DEScycle is building a distributed, modular metals processing platform to recover critical and precious metals from electronic waste. Its proprietary ionometallurgy process enables lower-capital, lower-energy recovery closer to where materials are generated, turning domestic waste streams into sovereign metal supply.

    Quantum Dice secures £1.8m grant from the European Innovation Council to commercialise its probabilistic computing platformQuantum Dice secures £1.8m grant from the European Innovation Council to commercialise its probabilistic computing platform
    Quantum Dice
    9 Dec 2025

    Quantum Dice secures £1.8m grant from the European Innovation Council to commercialise its probabilistic computing platform

    Quantum Dice builds probabilistic computing hardware using quantum photonics, enabling more efficient solutions to complex optimisation and probabilistic AI problems with lower energy consumption than traditional computing.

    Sparxell awarded £1.6m EIC grant to scale bioinspired colourants from Cambridge lab to industrySparxell awarded £1.6m EIC grant to scale bioinspired colourants from Cambridge lab to industry
    Sparxell
    22 May 2025

    Sparxell awarded £1.6m EIC grant to scale bioinspired colourants from Cambridge lab to industry

    Sparxell develops plant-based colourants inspired by natural structures, producing biodegradable pigments that replace fossil-derived dyes across textiles, cosmetics and industrial applications.

European Innovation Council
    • Industrial
    • Deep Tech
    • Climate
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  • eic.ec.europa.eu
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More venture news

  • Applied Computing secures £15m in funding led by KBR to build foundation AI models for energy operations
    Applied Computing
    16 Jul 2026

    Applied Computing secures £15m in funding led by KBR to build foundation AI models for energy operations

    EquityIndustrial
  • Tyred lands £2.5m in funding from Raw Ventures and Ada Ventures for its bike ownership and repair platform
    Tyred
    16 Jul 2026

    Tyred lands £2.5m in funding from Raw Ventures and Ada Ventures for its bike ownership and repair platform

    EquityMobility
  • Dragonfly AI lands £5m investment led by 24Haymarket to help brands maximise creative performance
    Dragonfly AI
    28 Jan 2026

    Dragonfly AI lands £5m investment led by 24Haymarket to help brands maximise creative performance

    EquityMarketing

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