The European Commission has announced a new group of companies proposed to receive scale-up investments totaling €171 million through the EIC Strategic Technologies for Europe Platform (STEP) Scale Up call. These companies will now undergo due diligence before the EIC Fund makes final investment decisions.
The EIC STEP Scale Up scheme provides investments of €10 to €30 million per company, aiming to attract further private funding and support financing rounds from €50 to €150 million or more. This initiative targets a critical funding gap for breakthrough innovations, focusing on digital, clean, resource-efficient, and biotech technologies.
https://eic.ec.europa.eu/news/new-scale-investments-under-eic-step-scale-scheme-2025-11-19_en