# European Innovation Council and SMEs Executive Agency

> European Innovation Council and SMEs Executive Agency is a VC fund backing Health Care. See 15 investments, check sizes, portfolio and contact details…

- Type: VC Fund
- Location: Brussels, Belgium
- Total investments: 15
- Last investment: Nov 2025
- Lead investor: 33%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/eismea
- X (Twitter): https://twitter.com/EU_EISMEA
- Website: https://eismea.ec.europa.eu

European Innovation Council and SMEs Executive Agency is a VC fund in Brussels focused on Health Care and Manufacturing. EISMEA is managing all the activities of the European Innovation Council and programs related to small and medium-sized enterprises. The Agency is responsible for developing and implementing the European Innovation Council and manages other EU programs in the fields of SME support, innovation ecosystems, single market, consumer policy, andinterregional innovation investments.It was founded in 2014 and is located in Brussels, Belgium.

## Contacts

5 contacts available for European Innovation Council and SMEs Executive Agency. Shizune tracks 1 team members at European Innovation Council and SMEs Executive Agency. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/european-innovation-council-and-smes-executive-agency?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Health Care | 3 | 20% |
| Manufacturing | 3 | 20% |
| Machine Learning | 3 | 20% |
| Artificial Intelligence | 3 | 20% |
| Software | 2 | 13% |

25 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 4 | 27% |
| Series A | 4 | 27% |
| Seed | 3 | 20% |
| Series B | 1 | 7% |
| Funding Round | 1 | 7% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Germany | 3 | 20% |
| France | 1 | 7% |
| Israel | 1 | 7% |
| Turkey | 1 | 7% |
| Finland | 1 | 7% |

9 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Radoslav Georgiev | EIC Board Member | 0 | https://shizune.co/investors/profile/radoslav-georgiev-2 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Infinite Orbits | Infinite Orbits is a satellite servicing company that focuses on satellite maintenance, orbit correction, and de-orbiting services. | $46.2M | Series B | Nov 10, 2025 |  |
| Algbio | Clean-tech, Climate-Tech, Deep-tech | $64.9K | Grant | Jul 01, 2025 |  |
| SemiQon | SemiQon is Building silicon-based quantum processors to power the scale up of quantum computing. | $2.6M | Grant | Feb 17, 2025 |  |
| Variolytics | Variolytics integrates processes and enables measurements with data density and low measurement noise. They conduct process engineering research and development and provide companies with advice and implementation. |  |  | Jan 30, 2025 |  |
| Raidium | Raidium is a Medtech startup that is developing the first-ever radiological foundation model, as the “GPT-4” of radiology. This new generation of AI will enable the building of an imaging biomarker factory for both clinical practice and research, to tackle the complexity of precision medicine. | $16.9M | Seed | Nov 28, 2024 |  |
| Ligence | We are Deep Tech startup company located in Lithuania. We are a team of medical doctors who also happen to know AI and thus we build exciting solutions for healthcare. Our latest project is the automation of heart ultrasound image analysis using Deep Learning algorithms. The product we call Ligence Heart is able to automatically recognise heartimage view and perform all the necessary measurements. Physicians can now skip doing those manual measurements themselves. | $3.2M | Seed | Nov 12, 2024 |  |
| Dunia Innovation | Dunia Innovation is a creating the world's first self-driving laboratory for electrocatalytic CO2 utilization, which will drastically accelerate catalyst research. | $11.5M | Venture - Series Unknown | Oct 23, 2024 |  |
| Dunia Innovation | Dunia Innovation is a creating the world's first self-driving laboratory for electrocatalytic CO2 utilization, which will drastically accelerate catalyst research. |  | Seed | Oct 23, 2024 |  |
| Materrup | Materrup produces low-carbon earth concrete for construction and urban development. Materrup construction solutions meet the requirements of future RE2020 regulations and the urgent need to reduce the carbon footprint of the construction industry. | $27.8M | Series A | Jun 20, 2024 |  |
| Materrup | Materrup produces low-carbon earth concrete for construction and urban development. Materrup construction solutions meet the requirements of future RE2020 regulations and the urgent need to reduce the carbon footprint of the construction industry. | $27.8M | Series A | Jun 20, 2024 |  |

10 of 15 investments shown.

## Co-investors
- [Eurazeo](https://shizune.co/investors/profile/eurazeo-com) — VC Fund, 6 deals together
- [IRDI SORIDEC Gestion](https://shizune.co/investors/profile/irdi-soridec-gestion) — VC Fund, 4 deals together
- [Newfund](https://shizune.co/investors/profile/newfund-management) — VC Fund, 3 deals together
- [AQUITI Gestion](https://shizune.co/investors/profile/aquiti-gestion-aci) — VC Fund, 2 deals together
- [Argiduna Capital](https://shizune.co/investors/profile/argiduna-capital) — VC Fund, 2 deals together
- [Deep Science Ventures](https://shizune.co/investors/profile/deep-science-ventures) — VC Fund, 2 deals together

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- [Business Finland](https://shizune.co/investors/profile/tekes) — VC Fund

## FAQ

### What does European Innovation Council and SMEs Executive Agency invest in?

European Innovation Council and SMEs Executive Agency invests primarily in Health Care, Manufacturing and Machine Learning startups, most often at Grant and Series A stage. Most of the 15 investments tracked by Shizune back companies in Germany. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact European Innovation Council and SMEs Executive Agency?

Public channels for European Innovation Council and SMEs Executive Agency include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at European Innovation Council and SMEs Executive Agency?

The team at European Innovation Council and SMEs Executive Agency includes Radoslav Georgiev (EIC Board Member). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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