19 April 2022. NIL Technology (NILT) is selected to join the framework of the European Union funding program together with 36 other companies of the best European Deeptech startups in series B and C. The 37 chosen companies will participate in the EIC (European Innovation Council) Growth Club and will benefit from an acceleration program for one year, in the framework of the EIC ScalingUp project dedicated to helping them reach their growth potential.
The exclusive selection is given in recognition of NILT’s disruptive technology and exponential growth potential and follows a financing round of €26 million (USD 31 million) in the technology last year.
Read more about the program here.
About The European Innovation Council
The European Innovation Council (EIC) is an EU funding program. It has a budget of €10.1 billion to support, finance, and scale up SMEs with game-changing innovations. EIC is dedicated to creating a model for European deep tech Series B/C companies to scale beyond series B.