European Innovation Council

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Investment Portfolio

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

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

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

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