European Innovation Council Fund

European Innovation Council Fund accounts for 12 tracked companies with verified cap-table data, 12 of which disclose round sizes totalling $1.7B. The median disclosed raise is $130M, and the largest is Axelera AI at $450M, ahead of Multiverse Computing ($250M) and Leyden Labs ($215M).

The names that recur most often on these portfolio cap tables are European Innovation Council Fund (12 companies), Invest-NL (2 companies), Innovation Industries (1 company), SiteGround Capital (1 company), BlackRock (1 company), Bitfury (1 company). By latest disclosed round, the market skews Series A (5), Series B (4), Series C (3).

• Companies tracked: 12
• Disclosed funding total: $1.7B across 12 companies
• Median disclosed raise: $130M
• Largest raise: Axelera AI — $450M
• Stage mix: Series A 5 · Series B 4 · Series C 3
• Most recent dated round: 2026-02-23

Best funded European Innovation Council Fund companies

1. Axelera AI — $450M (latest: Series C)
2. Multiverse Computing — $250M (latest: Series B)
3. Leyden Labs — $215M (latest: Series A)
4. Heart Aerospace — $190M (latest: Series B)
5. EnduroSat — $167M (latest: Series C)
6. iOnctura — $130M (latest: Series B)
7. NanoPhoria — $98M (latest: Series A)
8. Reverion — $74M (latest: Series A)
9. Wingtra — $55M (latest: Series B)
10. Zadient Technologies — $37M (latest: Series A)
11. Wi Charge — $23M (latest: Series C)
12. R3 — $17M (latest: Series A)

European Innovation Council Fund — related firms and companies (55)

• Axelera AI
• Multiverse Computing
• Leyden Labs
• Heart Aerospace
• EnduroSat
• iOnctura
• NanoPhoria
• Reverion
• Wingtra
• Zadient Technologies
• Wi Charge
• R3
• European Innovation Council Fund co-investors 2026
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European Innovation Council Fund alternatives · All research reports