Last week in European deep tech (Oct #1)

Viesturs Abelis

Europe doubled down on frontier innovation – from billion-euro public initiatives to record quantum and biotech funding – as new research programs, spinouts, and policy moves continued to push deep tech from labs to markets.

Policy & ecosystem

  • EIT Governing Board approves €978M for European innovation and skills [EIT]
  • EU Ministers call for a revision of the EU Chips Act [Euractiv]
  • European Commission launches €22.5M “Choose Europe for Science” to retain researchers [EC]
  • All-Atlantic Forum announces new initiatives for coastal resilience and scientific collaboration [EC]
  • Record number of proposals submitted for the EIC Transition call [EIC]

Quantum & frontier tech

  • Denmark launches the world’s largest quantum fund [Tech.eu]
  • kiutra raises €13M to remove helium-3 bottlenecks in quantum cooling [Press release]
  • 11 European quantum startup operators to watch [Sifted]
  • SafePAS (Estonia) wins €2.5M EU grant for safety technology [Invest in Estonia]
  • Creator Fund secures $41M to back Europe’s top PhD deep tech founders [Startup Rise]
  • Commercialization Reactor opens next cycle of its Ignition Qualifiers program [Labs of Latvia
  • UniLab Elevate welcomes 11 new science-to-startup teams [UniLab]

Biotech & medtech

  • Leyden Labs nets €30M, months after €20M EIB backing [Silicon Canals]
  • Aerska launches with €17.8M Seed to tackle Alzheimer’s and Parkinson’s [Silicon Canals]
  • SeaBeLife raises €2M for liver and eye disease therapies [Tech.eu]
  • RTU scientists establish a new MedTech spinout in Latvia [Labs of Latvia]

Climate, energy & industrial tech

  • FenX (Switzerland) secures CHF 8.2M Series A for sustainable materials [startupticker.ch]
  • Optimuse raises €4M to make building design smarter and greener [Tech.eu]
  • GBM Works completes €6.2M Seed round for offshore foundation technology [Silicon Canals]
  • New turbine design unlocks potential of deep-water wind energy [CORDIS]
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