EIC Scaling Club

PowerUP Energy Technologies is an Estonian scale-up and member of the EIC Scaling Club’s Clean Fuels & Hydrogen group that builds innovative, hydrogen fuel cell-based backup generators. As today's outdated electrical grids are failing, leaving communities vulnerable to crippling power outages, PowerUP Energy Technologies offers a powerful solution: a hybrid energy system powered by hydrogen fuel cells and batteries, ensuring reliable, resilient power when it's needed most. “We are capable of making lightweight systems with an extremely low footprint. And we can make them both efficient and reasonably priced so that everyone can have them,” said Ivar Kruusenberg, Founder & CEO of PowerUP Energy Technologies, whom we met during the Scale 100 Forum in Athens, Greece. Read, watch, or listen to the interview in our latest blog post – the link is in the comments. Yours truly, EurA AG, Hello Tomorrow, Tech Tour, EuroQuity - Bpifrance, IESE Business School, Webrazzi / Tech.eu, and the European Innovation Council and SMEs Executive Agency (EISMEA) Gilles Le Cocguen, Sara Jud, Nassima Ferahtia, William Stevens, Teresa Cunha, Nicolette Komitska, Denitsa Nenkova, Yasemin Baran, Iva Tchetinova, Ricardo Greenfield, Valentin Marin, Etienne P., Marc Ranchon, Josemaria Siota, Alberto Garcia Picazo, Lucas MAURICE, Carmo Cupertino de Miranda, Oriana B., Cristiana Gon?alves, Rute Mata Jo?o, Joana Bragan?a, Márcia Macieira, Jan Bernl?hr, Irmak Acar, Julia Gifford, Krista Krumina, Ieva Sīpola #EICScalingClub #EuropeanDeepTech #CleanFuelsAndHydrogen #PowerUPEnergyTechnologies

Last week, the Tech Tour Growth50 Europe Summit 2025 in Paris brought together some of Europe’s most promising tech innovators and leading investors to showcase growth, innovation, and impact. A key highlight of the event was the Tech Tour Growth50 Listing, an annual recognition of 50 high-potential companies driving meaningful change in their industries. Congratulations to Shippeo, a member of the EIC Scaling Club in the Smart Mobility market group, for being named a 2025 Growth Award Winner in the Sustainability category! ?? Other highlights: ? Networking with Europe’s top investors & tech leaders ? Valuable insights from industry pioneers on scaling and funding strategies ? New partnerships initiated ? New investment rounds on the horizon Yours, EurA AG, Hello Tomorrow, Tech Tour, EuroQuity - Bpifrance, IESE Business School, Webrazzi / Tech.eu, and the European Innovation Council and SMEs Executive Agency (EISMEA) Gilles Le Cocguen; Sara Jud; Nassima Ferahtia; William Stevens; Teresa Cunha; Nicolette Komitska; Denitsa Nenkova; Yasemin Baran; Iva Tchetinova; Ricardo Greenfield; Valentin Marin; Etienne P.; Marc Ranchon; Josemaria Siota; Alberto Garcia Picazo; Lucas MAURICE; Carmo Cupertino de Miranda; Oriana B.; Cristiana Gon?alves; Rute Mata Jo?o; Joana Bragan?a; Márcia Macieira; Jan Bernl?hr; Marc Ranchon; Irmak Acar; Julia Gifford; Krista Krumina; Ieva Sīpola #EICScalingClub #TechTourGrowth50 #Startups #Innovation #FutureUnicorns #HealthTech #Sustainability #Entrepreneurship #EuropeanTech #Shippeo

Live from Paris – happening right now! ?? Tune in to the Hello Tomorrow Global Summit online. Groundbreaking keynotes and thought-provoking panels from some of the brightest minds in deep tech and innovation – this is one event you won’t want to miss. Yours, EurA AG, Hello Tomorrow, Tech Tour, EuroQuity - Bpifrance, IESE Business School, Webrazzi / Tech.eu, and the European Innovation Council and SMEs Executive Agency (EISMEA) Gilles Le Cocguen; Sara Jud; Nassima Ferahtia; William Stevens; Teresa Cunha; Nicolette Komitska; Denitsa Nenkova; Yasemin Baran; Iva Tchetinova; Ricardo Greenfield; Valentin Marin; Etienne P.; Marc Ranchon; Josemaria Siota; Alberto Garcia Picazo; Lucas MAURICE; Carmo Cupertino de Miranda; Oriana B.; Cristiana Gon?alves; Rute Mata Jo?o; Joana Bragan?a; Márcia Macieira; Jan Bernl?hr; Marc Ranchon; Irmak Acar; Julia Gifford; Krista Krumina; Ieva Sīpola #EICScalingClub #HelloTomorrowGlobalSummit #EuropeanDeepTech

Missed the “Boost your scale-up journey with EIB’s venture debt instruments” webinar in February? Worry not – we noted all the key takeaways. Explore them in our latest blog post, linked in the comments below. European Investment Bank (EIB)’s venture debt is a powerful tool for scaling innovative companies while minimising dilution. The ticket sizes range from €15M to €50M, and the main targets are Series B+ companies from the EU, Norway, and Iceland (Series A with exceptional potential are also considered). Read more about this financing option and its key features! Yours, EurA AG, Hello Tomorrow, Tech Tour, EuroQuity - Bpifrance, IESE Business School, Webrazzi / Tech.eu, and the European Innovation Council and SMEs Executive Agency (EISMEA) Gilles Le Cocguen; Sara Jud; Nassima Ferahtia; William Stevens; Teresa Cunha; Nicolette Komitska; Denitsa Nenkova; Yasemin Baran; Iva Tchetinova; Ricardo Greenfield; Valentin Marin; Etienne P.; Marc Ranchon; Josemaria Siota; Alberto Garcia Picazo; Lucas MAURICE; Carmo Cupertino de Miranda; Oriana B.; Cristiana Gon?alves; Rute Mata Jo?o; Joana Bragan?a; Márcia Macieira; Jan Bernl?hr; Marc Ranchon; Irmak Acar; Julia Gifford; Krista Krumina; Ieva Sīpola #EIB #EIBventuredebt #venturedebt #EU #innovations #EICScalingClub

Meet EIC Scaling Club member Battolyser Systems – a Rotterdam-based deep tech scale-up tackling the dual challenges of green hydrogen production and renewable energy storage. The company’s breakthrough technology merges an electrolyzer with integrated battery capacity, enabling industries to balance energy grids while producing clean hydrogen. This dual functionality enables the energy transition by addressing both electrification for sectors like transportation and green molecule needs for others like aviation and heavy industry. “It’s about building an integrated system where renewables power everything – directly or via hydrogen,” says CEO & Co-founder Mattijs Slee, whom we caught up with to discuss Battolyser Systems’ technology, achievements, challenges, and more. Read, watch, or listen to the interview in our latest blog post – link in the comments. Yours truly, EurA AG, Hello Tomorrow, Tech Tour, EuroQuity - Bpifrance, IESE Business School, Webrazzi / Tech.eu, and the European Innovation Council and SMEs Executive Agency (EISMEA) Gilles Le Cocguen; Sara Jud; Nassima Ferahtia; William Stevens; Teresa Cunha; Nicolette Komitska; Denitsa Nenkova; Yasemin Baran; Iva Tchetinova; Ricardo Greenfield; Valentin Marin; Etienne P.; Marc Ranchon; Josemaria Siota; Alberto Garcia Picazo; Lucas MAURICE; Carmo Cupertino de Miranda; Oriana B.; Cristiana Gon?alves; Rute Mata Jo?o; Joana Bragan?a; Márcia Macieira; Jan Bernl?hr; Marc Ranchon; Irmak Acar; Julia Gifford; Krista Krumina; Ieva Sīpola #EICScalingClub #EuropeanDeepTech #CleanFuelsAndHydrogen #BattolyserSystems

?? Meet the EIC Scaling Club at the Tech.eu Summit London 2025! The Tech.eu Summit London 2025 is bringing together leading technology innovators, investors, and startups from across Europe and beyond. Join the EIC Scaling Club's roadshow event to network with key industry players, explore the tech trends shaping our future, and engage in thought-provoking discussions. When? 25-26 March 2025 Where? Queen Elizabeth II Centre, London More info: link in the comments! Yours, EurA AG, Hello Tomorrow, Tech Tour, EuroQuity - Bpifrance, IESE Business School, Webrazzi / Tech.eu, and the European Innovation Council and SMEs Executive Agency (EISMEA) Gilles Le Cocguen; Sara Jud; Nassima Ferahtia; William Stevens; Teresa Cunha; Nicolette Komitska; Denitsa Nenkova; Yasemin Baran; Iva Tchetinova; Ricardo Greenfield; Valentin Marin; Etienne P.; Marc Ranchon; Josemaria Siota; Alberto Garcia Picazo; Lucas MAURICE; Carmo Cupertino de Miranda; Oriana B.; Cristiana Gon?alves; Rute Mata Jo?o; Joana Bragan?a; Márcia Macieira; Jan Bernl?hr; Marc Ranchon; Irmak Acar; Julia Gifford; Krista Krumina; Ieva Sīpola #TechEuSummit #EICScalingClub #EuropeanDeepTech #Networking

Big news! ?? Our member in the Next-Gen Computing market group, Axelera AI, has introduced Titania – a high-performance, low-power AI inference chiplet designed for scalable AI applications. As part of the EuroHPC Joint Undertaking (EuroHPC JU) DARE Project, the company is receiving €61.6 million in funding, supporting Europe’s efforts to develop its supercomputing ecosystem. This follows Axelera AI’s $68 million Series B funding round, bringing total funding to over €200 million in three years! "We are setting a new standard for AI infrastructure, making true scalability a tangible reality," said CTO Evangelos Eleftheriou. Co-founder and CEO Fabrizio Del Maffeo added: "[..] We have continuously delivered technologies to help customers tackle the AI industry’s biggest challenges and efficiently implement AI capabilities into their products.” Go, team Axelera AI! ?? Yours, EurA AG, Hello Tomorrow, Tech Tour, EuroQuity - Bpifrance, IESE Business School, Webrazzi / Tech.eu, and the European Innovation Council and SMEs Executive Agency (EISMEA) Gilles Le Cocguen; Sara Jud; Nassima Ferahtia; William Stevens; Teresa Cunha; Nicolette Komitska; Denitsa Nenkova; Yasemin Baran; Iva Tchetinova; Ricardo Greenfield; Valentin Marin; Etienne P.; Marc Ranchon; Josemaria Siota; Alberto Garcia Picazo; Lucas MAURICE; Carmo Cupertino de Miranda; Oriana B.; Cristiana Gon?alves; Rute Mata Jo?o; Joana Bragan?a; Márcia Macieira; Jan Bernl?hr; Marc Ranchon; Irmak Acar; Julia Gifford; Krista Krumina; Ieva Sīpola #EICScalingClub #AxeleraAI #NextGenComputing #FundingNews #EuropeanDeepTech

The EIC Scaling Club, José de Mello, CUF - Hospitais e Clínicas, and EurA AG are bringing together Europe’s most promising health deep tech scaleups, top investors, and corporate innovators for an exclusive two-day event in Lisbon! ?? Roadshow: HealthTech Investment Days by EIC Scaling Club, hosted by José de Mello & CUF When? 12-13 May 2025 Where? Lisbon, Portugal (various locations) More info: link in the comments! Why attend? ?? High-impact collaborations & investment opportunities ?? Networking opportunities with top industry players ?? Discover cutting-edge health tech innovations Are you joining? Let us know in the comments below! Yours, EurA AG, Hello Tomorrow, Tech Tour, EuroQuity - Bpifrance, IESE Business School, Webrazzi / Tech.eu, and the European Innovation Council and SMEs Executive Agency (EISMEA) Gilles Le Cocguen; Sara Jud; Nassima Ferahtia; William Stevens; Teresa Cunha; Nicolette Komitska; Denitsa Nenkova; Yasemin Baran; Iva Tchetinova; Ricardo Greenfield; Valentin Marin; Etienne P.; Marc Ranchon; Josemaria Siota; Alberto Garcia Picazo; Lucas MAURICE; Carmo Cupertino de Miranda; Oriana B.; Cristiana Gon?alves; Rute Mata Jo?o; Joana Bragan?a; Márcia Macieira; Jan Bernl?hr; Marc Ranchon; Irmak Acar; Julia Gifford; Krista Krumina; Ieva Sīpola #EICScalingClub #Roadshow

Strong leadership drives success, and companies with women in executive roles are paving the way for a more innovative and dynamic future. In light of International Women’s Day, we want to celebrate companies – our EIC Scaling Club members – with women in executive management positions! ?? Shoutout to: Modvion, sensiBel, Tallano Technologies, Shippeo, constellr, EnduroSat, Multiverse Computing, ROSI, bound4blue, contextflow, PLD Space, UP Catalyst, Cardiawave, Basemark, HSL Group Oy, KONUX, Cailabs, Ligence, H2SITE, C2C-NewCap, PowerUP GmbH , QustomDot, Cellply, Brite Solar, Daze, Dynelectro, ENERGYNEST, Tilkal, Dronamics, Fresh Inset S.A., dotLumen, QuiX Quantum, Sakowin Green energy, Nordic Electrofuel, ACCURE Battery Intelligence, AlgaEnergy, Zeleros, BASQUEVOLT

Tomorrow is International Women’s Day! Today, we want to take a moment to congratulate all the EIS Scaling Club members with women in executive management positions. You’re lucky to have such strong leadership at the top. ?? Having women in key roles not only brings diverse perspectives but also fosters innovation and drives success. Keep leading the way! Shoutout to: Asgard Therapeutics, Check Point Care, Aortyx, CorWave, Elcogen, Amadix, Osivax, Ribbon Bio, Gradient Denervation Technologies, U-Space, Rocket Factory Augsburg - RFA, Enerpoly, Hyme, Kern Tec, Agriodor , OQ Technology, RDS, Aldoria, AMT Medical, Protealis, Elypta, MiMARK Diagnostics, Arctic Therapeutics, Glycanostics, MBRYONICS, Anaconda BioMed, AnaCardio, LIVIN farms, cylib, Arborea, Energy Dome, N2 Applied, Green Spot Technologies, QuoIntelligence, Hadrian Technology, UMNAI, Quobly, Dispelix, Vay, Heimdall Power #EICScalingClub #InternationalWomensDay #EuropeanDeepTech