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Innovative Europe
PILOT PHOTONICS AWARDED €10.4 MILLION FROM EUROPEAN INNOVATION COUNCIL

PILOT PHOTONICS AWARDED €10.4 MILLION FR...

Jul 2, 2026

European Innovation Council

Irish company, Pilot Photonics, is to receive over €10 million from the Horizon Europe European Innovation Council (EIC) Accelerator fund. The EIC Accelerator supports companies to scale up high impact innovations with the potential to create new markets or disrupt existing ones. Pilot Photonics has developed patented photonic chip technology that uses laser light to generate exceptionally pure wireless signals, essential for AI data centres, satellite communications, 5G and 6G mobile networks, and other strategic applications. The funding will support Pilot Photonics’ next phase of growth. Find out more in this article.

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Europe’s Deep-Tech Ecosystem Take Centre Stage at EIC Summit 2026

Europe’s Deep-Tech Ecosystem Take Centre...

Jun 11, 2026

European Innovation Council

The European Innovation Council (EIC) Summit 2026 brought together innovators, researchers, investors, policymakers and industry leaders from across Europe to explore the future of deep-tech innovation. The event highlighted breakthrough advances in areas such as health, artificial intelligence, quantum technologies, clean energy and advanced materials, while fostering valuable connections between research and commercialisation. The Summit also showcased Ireland’s strong participation in the EIC ecosystem and outlined forthcoming opportunities for researchers, startups and scale-ups to engage with European innovation support and funding programmes.

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MBRYONICS – Rolling out the internet in space from the West of Ireland

MBRYONICS – Rolling out the intern...

Jun 10, 2026

European Innovation Council

Irish space technology company Mbryonics is scaling production of its groundbreaking StarCom optical communications system with support from the European Innovation Council (EIC) Accelerator. The Horizon Europe-funded project received a €2.5 million grant and a €15 million equity investment recommendation to commercialise technology that enables ultra-high-speed, secure data transfer between satellites. Dubbed the “Internet in Space”, StarCom will support next-generation satellite networks while strengthening Europe’s position in deep-tech innovation. The investment is also driving advanced manufacturing in the west of Ireland, creating high-value jobs and supporting the growth of Ireland’s space sector

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European Innovation Ecosystems (EIE) Report Published

European Innovation Ecosystems (EIE) Rep...

May 13, 2026

European innovation ecosystems

New analysis of the European Innovation Ecosystems (EIE) initiative presents a picture of Ireland’s role between 2021 and 2025. The country recorded 159 applications from 84 organisations, requesting over €56.7 million, and ranking eighth among EU Member States. Ultimately, 38 participations were funded, involving 28 beneficiaries and 10 coordinators. Although the €6 million secured represents a modest share of the overall EIE budget, results indicate consistent engagement and strong performance. Regional data shows concentration in the Eastern and Midlands area, while further outcomes from a 2026 call are still pending.

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The European Innovation Council: novelties on Late-stage large-scale financing

The European Innovation Council: novelti...

Mar 12, 2026

European Innovation Council

Closing the late-stage financing gap is essential for the European Union to maintain its competitive edge in fast-moving disruptive technology sectors. Despite Europe retaining a strong global standing in driving innovation and creativity in several strategic industries, strong support is needed to ensure EU companies have access to large-scale financing.  Daniela Angione, National Delegate & National Contact Point for EIC (European Innovation Council) highlights the EU’s renewed push to support high‑growth innovators through the European Innovation Council.

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CrannMed Awarded €12.5 Million From European Innovation Council

CrannMed Awarded €12.5 Million From Euro...

Feb 26, 2026

European Innovation Council

Galway based medical device company CrannMed Ltd today announced that they have been approved for a recommended investment of up to €12.5m from the Horizon Europe European Innovation Council (EIC) Accelerator. CrannMed has developed a resorbable embolic microsphere called SakuraBead™. The first phase of the investment (€2.5m) will allow expansion of the technology to treat chronic inflammatory pain in different areas of the body.

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Closing the scale-up gap in innovation

Closing the scale-up gap in innovation

Mar 13, 2025

European Innovation Council

Strengthening the competitiveness and resilience of European industry has been the European Union’s primary focus for the past few years. Despite Europe having proven its resilience, future competitiveness needs to be ensured, particularly by focusing on the deployment and scaling up of digital technologies, deep tech innovation, clean and resource-efficient technologies, and biotechnologies within the European Union.

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Bio-based artificial lungs to change patients’ lives

Bio-based artificial lungs to change pat...

Sep 4, 2024

Cluster 1 Health

CellMembrane, a Horizon Europe project led by Irish medtech firm Smart Reactors, is developing a nanocellulose membrane that could transform the fortunes of those with lung disease around the world. “We’re taking woody plant matter, effectively like sawdust, processing it at a nanoscale level and building a scaffold that will act as an artificial lung,” explains Mark Brassil, Smart Reactor’s co-founder and CTO.

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