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EIC gets busy on the investment front

New figures show 35 companies have received investment via the European fund

Gerry Clarke and Brendan Boland of Loci Orthopaedics, ne of several companies to have received EIC funding in recent years

The EIC fund, the equity investment arm of the European Innovation Fund, has now invested €190 million in 35 companies, according to recently released figures.

This marks a significant step forward for the implementation of the investment component of the EIC Accelerator, which provides grants and equity investments to start-ups. Some 313 companies have received support via the accelerator since June 2021, with grant funding of €680 million allocated to date. Over half of these have ...