# European Union: portfolio, investments and team

> European Union is a government based in United Kingdom. 118 investments on record, 19 in the last 12 months, latest Sept 2026.

Source: https://millionrounds.com/fund/european-union (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Investor](https://millionrounds.com/investors)

# European Union

Last cheque observed Sep 2026; 118 cheques on record.

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Deploying now Government

Pre-seed Seed Series A Edtech Future Of Learning E-learning

Follow European Union and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Feuropean-union)

Deploying now

**48%** of best year **19** **cheques in 12 months**, 118 on record

Since the last cheque **60** days **00** hrs **00** min **00** sec

Median round **$2.3M** Rounds led **0 of 118** Sole investor **44 rounds** Exits **1 from the portfolio** Mostly in **Germany, 19%**

Pitch European Union

## European Union highlights

- 01 19 cheques in the last 12 months
- 02 Mostly Grant and Seed: 64% of its rounds
- 03 Sole investor in 44 rounds, median $1.4M
- 04 1 exits from the portfolio

## What they do

- **Type:** Government (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed Series A Series B
- **Sectors:** Edtech Future Of Learning E-learning
- **Based in:** London, United Kingdom
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **118 appearances**

- **2026** 14 rounds
- **Sept** **[BIOWEG](https://millionrounds.com/company/bioweg)** Grant · DE **$12M** With 3 others
- **Sept** **[Noah Labs](https://millionrounds.com/company/noah-labs)** Seed · US **$150K** With 2 others
- **Sept** **[Paleo](https://millionrounds.com/company/paleo)** Venture · BE **$2.3M** Sole investor
- **Jul** **[Adamo Foods](https://millionrounds.com/company/adamo-foods)** Grant · GB **$12M** With 3 others
- **Jul** **[Refined Laser Systems](https://millionrounds.com/company/refined-laser-systems)** Venture · DE **$3.3M** Sole investor
- **Jun** **[EleQtron](https://millionrounds.com/company/eleqtron)** Series A · DE · Ventureburn **$67M** With 8 others
- **Jun** **[The Protein Brewery](https://millionrounds.com/company/the-protein-brewery)** Series B · NL **$21M** With 1 other
- **Apr** **[Spiral Hydrogen](https://millionrounds.com/company/spiral-hydrogen)** Pre-seed · NL **$3.1M** With 3 others
- **Feb** **[Sparqle](https://millionrounds.com/company/sparqle)** Venture · NL **$1.8M** With 1 other
- **Feb** **[Look Up Space](https://millionrounds.com/company/look-up-space)** Venture · FR **Undisclosed** With 4 others
- **Feb** **[WtEnergy](https://millionrounds.com/company/wtenergy)** Venture · ES **$12M** Sole investor
- **Jan** **[EverWind Fuels](https://millionrounds.com/company/everwind-fuels)** Grant · CA **$234M** With 1 other
- **Jan** **[SMAIO](https://millionrounds.com/company/smaio)** Debt · FR **$2.3M** With 3 others
- **Jan** **[HarvestAi](https://millionrounds.com/company/harvest-ai)** Grant · DE **$1.3M** With 1 other
- **2025** 34 rounds
- **Dec** **[The Protein Brewery](https://millionrounds.com/company/the-protein-brewery)** Grant · NL **$2.7M** With 2 others
- **Dec** **[T1 Energy](https://millionrounds.com/company/t1-energy)** US **$140M** With 3 others
- **Nov** **[Alkion BioInnovations](https://millionrounds.com/company/alkion-bioinnovations)** Seed · FR · Critical Path Ventures **$5.1M** With 5 others
- **Nov** **[NXT Spectra](https://millionrounds.com/company/nxt-spectra)** Grant · DE **$649K** Sole investor
- **Nov** **[Flybox®](https://millionrounds.com/company/flybox)** Seed · GB **$400K** With 1 other
- **Sept** **[Factris](https://millionrounds.com/company/factris)** Debt · NL · Silicon Canals **$117M** With 2 others
- **Sept** **[Terra Wave](https://millionrounds.com/company/terra-wave)** Grant · RO **$1.4M** Sole investor
- **Sept** **[Dekamas](https://millionrounds.com/company/dekamas)** Grant **$263K** Sole investor
- **Sept** **[Insolight](https://millionrounds.com/company/insolight)** Debt · CH **$1.2M** With 3 others
- **Sept** **[Rurio](https://millionrounds.com/company/rurio)** Grant · RO **$1.8M** Sole investor
- **Sept** **[SensArs](https://millionrounds.com/company/sensars)** Venture · CH **Undisclosed** With 3 others
- **Sept** **[Multiwave Technologies](https://millionrounds.com/company/multiwave-technologies)** Venture · CH **$4.5M** With 4 others
- **Aug** **[AIxBlock](https://millionrounds.com/company/aixblock)** Grant · US **$1.7M** Sole investor
- **Aug** **[matterr](https://millionrounds.com/company/matterr)** Grant · DE **$35M** Sole investor
- **Jul** **[MagREEsource](https://millionrounds.com/company/magreesource)** Series A · FR **$27M** With 3 others
- **Jul** **[Onocoy Association](https://millionrounds.com/company/onocoy-association)** Grant · CH **$1.5M** With 1 other
- **Jul** **[VOOL](https://millionrounds.com/company/vool)** Seed · EE **$1.8M** With 2 others
- **Jul** **[OWLplaces](https://millionrounds.com/company/owlplaces)** Pre-seed · PT **$649K** With 2 others
- **Jul** **[Saham Bank](https://millionrounds.com/company/saham-bank)** Debt **$64M** With 2 others
- **Jun** **[RoboTwin](https://millionrounds.com/company/robotwin)** Pre-seed · CZ **$1.4M** With 1 other
- **Jun** **[University of Eastern Finland](https://millionrounds.com/company/university-of-eastern-finland)** Grant · FI **$3.2M** With 2 others
- **Jun** **[Ecohelix](https://millionrounds.com/company/ecohelix)** Grant · SE **$2.5M** With 2 others
- **May** **[sensmore](https://millionrounds.com/company/sensmore)** DE · Silicon Canals **$7.3M** With 17 others
- **May** **[Hystar](https://millionrounds.com/company/hystar)** Series C · NO **$36M** With 2 others
- **May** **[Capital Leasing](https://millionrounds.com/company/capital-leasing)** Debt **$5.0M** With 1 other
- **May** **[Oniria Therapeutics](https://millionrounds.com/company/oniria-therapeutics)** Grant · ES **$2.3M** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **11** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## Exits from the portfolio

Companies it backed that were later bought or listed **1 in all**

**[Filmaster](https://millionrounds.com/company/filmaster)** Bought by Samba TV **Undisclosed** Jun 2015

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Pre-seed Seed Series A

Median round joined **$2.3M** the round, not its cheque Alone, median **$1.4M**

Led 0 of 118 rounds **0%**

- **Sole investor:** 44 rounds
- **Last cheque:** Sept 2026
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Grant *48*
- Seed said *24*
- Venture *21*
- Series A said *7*
- Pre-seed said *6*
- Debt *6*
- Series B said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) 13
- [European Commission](https://millionrounds.com/fund/european-commission) 6
- [EISMEA](https://millionrounds.com/fund/eismea) 5
- [Bpifrance](https://millionrounds.com/fund/bpifrance) 4
- [Google for Startups](https://millionrounds.com/fund/google-for-startups) 4
- [Innovate UK](https://millionrounds.com/fund/innovate-uk) 4

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## Who they invest alongside

The investors most often in the same rounds as European Union. A count of rooms they were both in, not a relationship either has claimed.

[**EIC Accelerator** Government **13** rounds together](https://millionrounds.com/fund/eic-accelerator)[**European Commission** VC firm **6** rounds together](https://millionrounds.com/fund/european-commission)[**EISMEA** Investment firm **5** rounds together](https://millionrounds.com/fund/eismea)[**Bpifrance** Government **4** rounds together](https://millionrounds.com/fund/bpifrance)[**Google for Startups** Accelerator **4** rounds together](https://millionrounds.com/fund/google-for-startups)[**Innovate UK** VC firm **4** rounds together](https://millionrounds.com/fund/innovate-uk)[**Almi Invest** VC firm **3** rounds together](https://millionrounds.com/fund/almi-invest)[**EIT Health** VC firm **3** rounds together](https://millionrounds.com/fund/eit-health)[**Enterprise Ireland** Government **3** rounds together](https://millionrounds.com/fund/enterprise-ireland)[**European Bank for Reconstruction and Development** Private equity **3** rounds together](https://millionrounds.com/fund/ebrd)[**Eurostars** VC firm **3** rounds together](https://millionrounds.com/fund/eurostars)[**Startup Wise Guys** Accelerator **3** rounds together](https://millionrounds.com/fund/startup-wise-guys)

## Recently backed

The latest companies European Union put money into.

[**BIOWEG** $12M · Sept 2026](https://millionrounds.com/company/bioweg)[**Noah Labs** $150K · Sept 2026](https://millionrounds.com/company/noah-labs)[**Paleo** $2.3M · Sept 2026](https://millionrounds.com/company/paleo)[**Adamo Foods** $12M · Jul 2026](https://millionrounds.com/company/adamo-foods)[**Refined Laser Systems** $3.3M · Jul 2026](https://millionrounds.com/company/refined-laser-systems)[**EleQtron** $67M · Jun 2026](https://millionrounds.com/company/eleqtron)

## Mentioned on podcasts

Episodes that name European Union in their description, not their title.

- [Startuprad.io](https://millionrounds.com/podcasts/startuprad) 15 Sept 2026 · 34 min E 775, EDIP, SAFE & the EU Defence Fund: Who Can Sell Mentions [European Union](https://millionrounds.com/fund/european-union) Apple PodcastsShow page
- [EU-Startups Podcast](https://millionrounds.com/podcasts/eu-startups) 6 Mar 2025 · 23 min Episode 108: Yoram Wijngaarde - Founder & CEO of Dealroom - EU Startup Funding Creates Over €500 Billion Economic Impact Mentions [European Union](https://millionrounds.com/fund/european-union) Apple PodcastsShow page
- [Fintech Insider](https://millionrounds.com/podcasts/fintech-insider) 6 May 2024 · 1h 3m 852. News: The first American bank failure of 2024, as Visa launch US open banking Mentions [European Union](https://millionrounds.com/fund/european-union)[Republic](https://millionrounds.com/fund/republic-2)[UniCredit](https://millionrounds.com/fund/unicredit) Apple Podcasts
- [Fintech Insider](https://millionrounds.com/podcasts/fintech-insider) 3 Jul 2023 · 1h 2m 755. News: PSD3 unveils plans to shake up Open Banking Mentions [European Union](https://millionrounds.com/fund/european-union)[Kevin Cook](https://millionrounds.com/person/kevin-cook)[Nilan Peiris](https://millionrounds.com/person/nilan-peiris) Apple PodcastsShow page
- [Tech.eu](https://millionrounds.com/podcasts/tech-eu) 12 Oct 2020 · 29 min Mealworms, unicorns, crowdfunding, and state of Spanish tech with Jaime Novoa With [Jaime Novoa](https://millionrounds.com/person/jaime-novoa) Mentions [Crowdcube](https://millionrounds.com/fund/crowdcube)[European Union](https://millionrounds.com/fund/european-union)[K Fund](https://millionrounds.com/fund/kfund) Apple PodcastsShow page

## Quick answers about European Union

### What does European Union invest in?

European Union invests most often at Grant and Seed (64% of the rounds on record), in sectors such as Edtech, Future Of Learning and E-learning.

### How active is European Union?

118 investments on record, 19 of them in the last 12 months. The most recent was in Sept 2026.

### What has European Union invested in recently?

Its most recent investments on record: BIOWEG (Grant, Sept 2026), Noah Labs (Seed, Sept 2026) and Paleo (Venture, Sept 2026).

### How big are European Union's cheques?

The median round it joins is $2.3M.

### Does European Union lead rounds?

Rarely, if at all: none of its 118 investments on record names it as the lead.

### Where does European Union invest?

Most of the companies it backs are in Germany (19%), the Netherlands (14%) and France (11%).

### Is European Union investing now?

Yes: it is actively investing, with 19 investments in the last 12 months.

### Who does European Union invest alongside?

Most often EIC Accelerator (13 rounds together), European Commission (6 rounds together) and EISMEA (5 rounds together).

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