European Innovation Council
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Investment Portfolio


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 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 industry
Sparxell develops plant-based colourants inspired by natural structures, producing biodegradable pigments that replace fossil-derived dyes across textiles, cosmetics and industrial applications.
More venture news
- 16 Jul 2026

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

TyredTyred lands £2.5m in funding from Raw Ventures and Ada Ventures for its bike ownership and repair platform
EquityMobility - 28 Jan 2026

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