Winnovart News

EIC STEP Scale Up - EIC Fund's boldest co-investment programme for European Deeptech

Written by Ira Dinolan | August 14, 2025

The EIC has selected the latest group of companies to benefit from the EIC STEP (Strategic Technologies for Europe Platform) Scale Up call. These companies are set to receive up to €90 million in equity investments, pending final decisions by the EIC Fund following due diligence.

We have reviewed the profile of the selected companies (June & April 2025 results) looking at their fundraising history, age, investor landscape, IP performance and more. 

The results for the EIC STEP Scale Up's latest cohort of beneficiaries were released in June 2025. 

From the initial 19 applications, five companies were shortlisted for interviews with independent high-level experts, and four have fulfilled all criteria to proceed to the investment decision stage.

The selected companies are advancing strategic technologies crucial to Europe:

  • Multiverse Computing (Spain) – Quantum and AI solutions
  • Hyimpulse Technologies (Germany) – Satellite launch services
  • Dronamics (Bulgaria, Ireland) – Cargo delivery drones
  • Classiq Technologies (Israel) – Quantum software

These 4 beneficiaries join a previous list of 7 companies selected in April 2025. 

More details below. 

Read more: https://landing.winnovart.com/eic-step-scale-up-june-2025-results

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