European deep tech continued its steady march toward industrial scale and regional coordination. From the Baltics uniting on semiconductors to the EIC deploying €140M for breakthrough science, the week showcased how policy frameworks and capital deployment are increasingly aligned.
Sprinkle in some significant funding rounds on top of that – it has been a strong showing for European deep tech.
Policy & ecosystem
- Over €140M awarded under EIC Pathfinder 2025 to turn visionary science into breakthrough innovation [EIC]
- Baltic States sign semiconductor MoU to boost investment, research, and Europe’s tech independence [Labs of Latvia]
- Commission seeks feedback on the future Advanced Materials Act [EC]
- Industry calls for €2B photonics programme in future Horizon Europe [Science | Business]
- The EIT Higher Education Initiative will launch a new Call for Proposals in late 2025 [EIT]
- EU and Western Balkans further strengthen cooperation in research and innovation [EIC]
Biotech & medtech
- Denmark’s MATR Foods nets €40M from Novo Holdings, EIFO to expand fungi-fermented meat production [TFN]
- smartbax announces a €4.7M pre-Series A round to advance novel antibiotic compound through preclinical stage [Press release]
- Swedish Cytely raises €3 million to make “smart microscopy” the new standard in science [Arctic Startup]
- French biotech Exeliom Biosciences raises €2.85M to advance cancer immunotherapy [Startup Rise]
- New robot delivers ultra-precision injections and is quickly ready for use [Technical University of Munich]
Connectivity
- Belgium’s nxgsat raises €1.2M to advance next-generation 5G satellite connectivity [Silicon Canals]
Climate, energy & industrial tech
- Sweden’s cleantech firm Meva Energy secures €40M from EIB to scale up its biogas technology [Silicon Canals]
- Amsterdam-based Hydryx raises €2.5M to turn trash into clean power [Silicon Canals]
- Romania’s .lumen secures €11M grant to advance urban delivery robotics [Startup Rise]
- WSense raises €10M to scale subsea Wi-Fi and expand underwater IoT tech [Tech.eu]
