LynXes Innovation LTD. is the beneficiary of the EIC accelerator grant
30. November 2023,
The European Commission has selected 47 of Europe’s most promising start-ups and SMEs to receive grants of up to €2.5 million to develop and scale up ground-breaking innovations in Europe. We are happy to announce that one of the winners is LynXes Innovation Ltd.
A new set of 47 companies have been selected to receive European Innovation Council (EIC) funding, combining grants and equity, following the third 2023 EIC Accelerator cut-off in June. This cut-off showed a strong performance of engineering and tech-based companies.
The companies were selected in a highly competitive process, in which 140 companies were interviewed by juries of experienced investors and entrepreneurs, out of a total of 648 full proposals submitted.
The 47 selected companies will together receive nearly €350 million of funding. We would like to thank all our collaborators for their help and support to achieve this great success.
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