# European Commission Portfolio Map 2026: 81 Startups by Sector

> European Commission's portfolio mapped: 81 startups it has backed, in 12 sectors from Biotech, AI and Cleantech on.

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

## Biotech

18

- [Redx Pharma](https://millionrounds.com/company/redx-pharma)
- [AFYREN](https://millionrounds.com/company/afyren)
- [etherna immunotherapies](https://millionrounds.com/company/etherna-immunotherapies)
- [Infinited Fiber Company](https://millionrounds.com/company/infinited-fiber-company)
- [Enifer](https://millionrounds.com/company/enifer)
- [Egle Therapeutics](https://millionrounds.com/company/egle-therapeutics)
- [Cellugy](https://millionrounds.com/company/cellugy)
- [Sixfold Bioscience](https://millionrounds.com/company/sixfold-bioscience)
- [Bioxodes](https://millionrounds.com/company/bioxodes)
- [USIL Therapeutics](https://millionrounds.com/company/usil-therapeutics)
- [Peptomyc](https://millionrounds.com/company/peptomyc)
- [Alkion BioInnovations](https://millionrounds.com/company/alkion-bioinnovations)
- [Biointaxis](https://millionrounds.com/company/biointaxis)
- [AVODES](https://millionrounds.com/company/avodes)
- [Farmless](https://millionrounds.com/company/farmless)
- [MICA Biosystems](https://millionrounds.com/company/mica-biosystems)
- [Hamlet Pharma](https://millionrounds.com/company/hamlet-pharma)
- [ENZIDIA](https://millionrounds.com/company/enzidia)

## AI

17

- [Tachyum](https://millionrounds.com/company/tachyum)
- [Powerful Medical](https://millionrounds.com/company/powerful-medical)
- [Realeyes](https://millionrounds.com/company/realeyes)
- [Karos](https://millionrounds.com/company/karos)
- [*O* Osavul](https://millionrounds.com/company/osavul)
- [HumanITcare](https://millionrounds.com/company/humanitcare)
- [HiJiffy](https://millionrounds.com/company/hijiffy)
- [sensfix](https://millionrounds.com/company/sensfix)
- [ExoMatter](https://millionrounds.com/company/exomatter)
- [Lapsi Health](https://millionrounds.com/company/lapsi-health)
- [ObriyAI](https://millionrounds.com/company/obriyai)
- [AINOSTICS](https://millionrounds.com/company/ainostics)
- [Neurolytics](https://millionrounds.com/company/neurolytics)
- [Sensifai](https://millionrounds.com/company/sensifai)
- [Giskard](https://millionrounds.com/company/giskard)
- [Linknovate](https://millionrounds.com/company/linknovate)
- [Mantis Analytics](https://millionrounds.com/company/mantis-analytics)

## Cleantech

10

- [*V* Verne](https://millionrounds.com/company/verne)
- [Modvion](https://millionrounds.com/company/modvion)
- [Stargate Hydrogen](https://millionrounds.com/company/stargate-hydrogen)
- [HVR Energy](https://millionrounds.com/company/hvr-energy)
- [Thorizon](https://millionrounds.com/company/thorizon)
- [HydrogenPro](https://millionrounds.com/company/hydrogenpro)
- [Elcogen](https://millionrounds.com/company/elcogen)
- [Kikleo](https://millionrounds.com/company/kikleo)
- [Epishine](https://millionrounds.com/company/epishine)
- [Geyser Batteries](https://millionrounds.com/company/geyser-batteries)

## Big Data & Analytics

7

- [OrderBird](https://millionrounds.com/company/orderbird)
- [Applica](https://millionrounds.com/company/applica)
- [*A* Anasen](https://millionrounds.com/company/anasen)
- [Imotion Analytics](https://millionrounds.com/company/imotion-analytics)
- [Transmetrics](https://millionrounds.com/company/transmetrics)
- [CiRG Labs](https://millionrounds.com/company/cirg-labs)
- [EINBLIQ.IO](https://millionrounds.com/company/einbliq-io)

## Aerospace & Space

5

- [Aura Aero](https://millionrounds.com/company/aura-aero)
- [Aldoria](https://millionrounds.com/company/aldoria)
- [Suas Aerospace](https://millionrounds.com/company/suas-aerospace)
- [DroneHopper](https://millionrounds.com/company/dronehopper)
- [Quaternium](https://millionrounds.com/company/quaternium)

## Healthtech

5

- [Myelo Therapeutics](https://millionrounds.com/company/myelo-therapeutics)
- [Onalabs Inno-hub](https://millionrounds.com/company/onalabs-inno-hub)
- [Arkhn](https://millionrounds.com/company/arkhn)
- [Healthplus.ai](https://millionrounds.com/company/healthplus-ai)
- [Nanordica Medical](https://millionrounds.com/company/nanordica-medical)

## Edtech

4

- [ORamaVR](https://millionrounds.com/company/oramavr)
- [University of Eastern Finland](https://millionrounds.com/company/university-of-eastern-finland)
- [Exonicus](https://millionrounds.com/company/exonicus)
- [leanspots](https://millionrounds.com/company/leanspots)

## Automotive & EVs

3

- [Zunder](https://millionrounds.com/company/zunder)
- [Be Charge](https://millionrounds.com/company/be-charge)
- [Sono Motors](https://millionrounds.com/company/sono-motors)

## Energy

3

- [Vianode](https://millionrounds.com/company/vianode)
- [T1 Energy](https://millionrounds.com/company/t1-energy)
- [*A* Alight](https://millionrounds.com/company/alight)

## Hardware & Electronics

3

- [ThrustMe](https://millionrounds.com/company/thrustme)
- [TransfoElectric](https://millionrounds.com/company/transfoelectric)
- [Lightricity](https://millionrounds.com/company/lightricity)

## Chemicals & Materials

3

- [Naturbeads](https://millionrounds.com/company/naturbeads)
- [Level Nine](https://millionrounds.com/company/level-nine)
- [Fusion Fuel](https://millionrounds.com/company/fusion-fuel)

## Construction

3

- [Betolar](https://millionrounds.com/company/betolar)
- [INDRESMAT](https://millionrounds.com/company/indresmat)
- [WIDMO Spectral Technologies](https://millionrounds.com/company/widmo-spectral-technologies)

## Segment by segment

### Biotech

18 startups · $370M raised

- [**Redx Pharma**](https://millionrounds.com/company/redx-pharma) Redx Pharma is a drug discovery and development company. United Kingdom $127M
- [**AFYREN**](https://millionrounds.com/company/afyren) AFYREN develop innovation in biotechnologies for the valorization of non-food biomass and in respect of the environment. France $98M
- [**etherna immunotherapies**](https://millionrounds.com/company/etherna-immunotherapies) eTheRNA develops immunotherapies that target the fundamental role of dendritic cells in the human immune system. Belgium $39M
- [**Infinited Fiber Company**](https://millionrounds.com/company/infinited-fiber-company) Infinited Fiber Company is a Finnish technology and fashion company focused on creating sustainable textile solutions. Finland $34M
- [**Enifer**](https://millionrounds.com/company/enifer) Enifer is a mycoprotein company that produces a fungal fermentation product to upcycle agrifood industry byproducts. Finland $16M
- [**Egle Therapeutics**](https://millionrounds.com/company/egle-therapeutics) Egle Therapeutics is a biotechnology company focused on developing immunotherapies for oncology and autoimmune diseases. France $9.4M
- [**Cellugy**](https://millionrounds.com/company/cellugy) Cellugy operates as a biotechnology startup. Denmark $9.4M
- [**Sixfold Bioscience**](https://millionrounds.com/company/sixfold-bioscience) Sixfold Bioscience develops and researches on biotechnology advances for RNA therapies. United Kingdom $8.3M

### AI

17 startups · $374M raised

- [**Tachyum**](https://millionrounds.com/company/tachyum) Tachyum, Inc. United States $245M
- [**Powerful Medical**](https://millionrounds.com/company/powerful-medical) Powerful Medical provides AI solutions that enable medical professionals to accurately diagnose and treat cardiovascular disease. United States $46M
- [**Realeyes**](https://millionrounds.com/company/realeyes) Realeyes is an innovative artificial intelligence company founded in 2007 at Oxford University, specializing in computer vision, e United Kingdom $37M
- [**Karos**](https://millionrounds.com/company/karos) Karos is a French company founded in 2014 that operates an AI-powered carpooling platform. France $19M
- [*O* **Osavul**](https://millionrounds.com/company/osavul) AI-based software to protect from information threats Luxembourg $13M
- [**HumanITcare**](https://millionrounds.com/company/humanitcare) We use AI to radically improve and automatize access to healthcare. United States $2.9M
- [**HiJiffy**](https://millionrounds.com/company/hijiffy) HiJiffy is an AI-powered Guest Communications Hub founded in 2016, focused on providing conversational AI solutions for the hospit Portugal $2.7M
- [**sensfix**](https://millionrounds.com/company/sensfix) Multimodal AI enabled, connected maintenance platform for operations & maintenance in industrial facilities and commercial buildin United States $2.5M

### Cleantech

10 startups · $255M raised

- [*V* **Verne**](https://millionrounds.com/company/verne) Verne is a cleantech startup accelerating pioneering a new high-density, low-cost, and lightweight hydrogen storage system. United States $110M
- [**Modvion**](https://millionrounds.com/company/modvion) Modvion develops modular wind power towers in composite materials. Sweden $52M
- [**Stargate Hydrogen**](https://millionrounds.com/company/stargate-hydrogen) Stargate Hydrogen Solutions offers turn-key electrolysis solutions for the production of green hydrogen with renewable energy. Estonia $24M
- [**HVR Energy**](https://millionrounds.com/company/hvr-energy) HVR Energy is a Spanish company based in Madrid, founded in 2020. Spain $23M
- [**Thorizon**](https://millionrounds.com/company/thorizon) THORIZON is a European deep-tech nuclear company focused on developing next-generation Molten Salt Reactors (MSR) that utilize Tho Netherlands $18M
- [**HydrogenPro**](https://millionrounds.com/company/hydrogenpro) HydrogenPro designs, manufactures, and supplies high-pressure alkaline electrolyzers. Norway $14M
- [**Elcogen**](https://millionrounds.com/company/elcogen) Elcogen is a European clean energy technology manufacturer founded in 2001, specializing in solid oxide fuel cell (SOFC) and solid Estonia $6.1M
- [**Kikleo**](https://millionrounds.com/company/kikleo) Kikleo is a technology company dedicated to helping restaurants and catering businesses reduce food waste and enhance operational France $4.1M

### Big Data & Analytics

7 startups · $32M raised

- [**OrderBird**](https://millionrounds.com/company/orderbird) Orderbird is a cloud provider of iPad and Android POS systems for the hospitality industry and the SMB market. Germany $23M
- [**Applica**](https://millionrounds.com/company/applica) Applica is a documentation automation platform. Poland $5.1M
- [*A* **Anasen**](https://millionrounds.com/company/anasen) Anasen is inventing the human-data interface of the future - $1.6M
- [**Imotion Analytics**](https://millionrounds.com/company/imotion-analytics) imotion Analytics is a technology company based in Barcelona, founded in 2015. Spain $1.1M
- [**Transmetrics**](https://millionrounds.com/company/transmetrics) Transmetrics optimizes logistics planning and asset management by leveraging the power of predictive analytics and artificial intelligence. Bulgaria $944K
- [**CiRG Labs**](https://millionrounds.com/company/cirg-labs) CiRG Labs is an AI-enabled research and development firm based in New York City, specializing in digital healthcare solutions. United States $200K
- [**EINBLIQ.IO**](https://millionrounds.com/company/einbliq-io) EINBLIQ.IO helps media companies to reliably deliver excellent video streaming services at lower cost while optimizing for energy Germany $50K

### Aerospace & Space

5 startups · $233M raised

- [**Aura Aero**](https://millionrounds.com/company/aura-aero) AURA AERO aims to serve mankind by designing and manufacturing aircraft that accelerate air transport decarbonization France $201M
- [**Aldoria**](https://millionrounds.com/company/aldoria) Aldoria collects, processes, and uses space situational awareness data to safeguard important assets in space. France $22M
- [**Suas Aerospace**](https://millionrounds.com/company/suas-aerospace) Suas Aerospace developing commerical spaceport facilites in Europe. Ireland $5.3M
- [**DroneHopper**](https://millionrounds.com/company/dronehopper) DroneHopper is a Spanish company specializing in the design and manufacture of UAS. Spain $2.8M
- [**Quaternium**](https://millionrounds.com/company/quaternium) Quaternium is the leader company for hybrid multirotor drones. Spain $1.8M

### Healthtech

5 startups · $37M raised

- [**Myelo Therapeutics**](https://millionrounds.com/company/myelo-therapeutics) Myelo Therapeutics develops innovative treatments in areas of high unmet medical needs. Germany $17M
- [**Onalabs Inno-hub**](https://millionrounds.com/company/onalabs-inno-hub) Onalabs Inno-Hub, based in Barcelona, is a technology startup founded in 2016 that focuses on developing non-invasive, remote biom Spain $11M
- [**Arkhn**](https://millionrounds.com/company/arkhn) Arkhn is a French HealthTech company founded in 2019, headquartered in Paris. France $4.9M
- [**Healthplus.ai**](https://millionrounds.com/company/healthplus-ai) Healthplus.ai is a Dutch HealthTech startup founded in 2017 and based in Amsterdam. Netherlands $2.7M
- [**Nanordica Medical**](https://millionrounds.com/company/nanordica-medical) Nanordica Medical is an Estonian medtech company founded in 2019 by scientists and medical doctors. Estonia $1.8M

### Edtech

4 startups · $7.9M raised

- [**ORamaVR**](https://millionrounds.com/company/oramavr) ORamaVR is a medical XR training company based in Geneva, Switzerland. Switzerland $4.5M
- [**University of Eastern Finland**](https://millionrounds.com/company/university-of-eastern-finland) University of Eastern Finland is a multidisciplinary university which offers teaching in more than 100 major subjects. Finland $3.2M
- [**Exonicus**](https://millionrounds.com/company/exonicus) Exonicus is a Seattle-based company founded in 2015 that specializes in developing extended reality (XR) training platforms for me United States $96K
- [**leanspots**](https://millionrounds.com/company/leanspots) Leanspots one-stop solution that streamlines innovation growth. Spain $78K

### Automotive & EVs

3 startups · $347M raised

- [**Zunder**](https://millionrounds.com/company/zunder) Zunder operates as an electric vehicle charging company. Spain $286M
- [**Be Charge**](https://millionrounds.com/company/be-charge) Be Charge is developing one of Italy's largest and most extensive public infrastructure networks for electric vehicles. Italy $56M
- [**Sono Motors**](https://millionrounds.com/company/sono-motors) Sono Motors is a global mobility and energy service provider. Germany $5.0M

### Energy

3 startups · $822M raised

- [**Vianode**](https://millionrounds.com/company/vianode) Vianode is a producer of sustainably engineered battery materials. Norway $475M
- [**T1 Energy**](https://millionrounds.com/company/t1-energy) T1 Energy is a solar and battery manufacturing company for commercial and industrial sectors. United States $300M
- [*A* **Alight**](https://millionrounds.com/company/alight) Sweden $47M

### Hardware & Electronics

3 startups · $3.2M raised

- [**ThrustMe**](https://millionrounds.com/company/thrustme) ThrustMe provides intelligent fully-integrated space propulsion for next generation satellites and scientific instruments. France $2.3M
- [**TransfoElectric**](https://millionrounds.com/company/transfoelectric) TransfoElectric is an high-tech startup based in Riga, Latvia working with wireless chargers for Electric vehicles - $873K
- [**Lightricity**](https://millionrounds.com/company/lightricity) We enable a scalable and sustainable IoT by providing the world’s highest efficiency light energy harvesting technology United Kingdom $62K

### Chemicals & Materials

3 startups · $24M raised

- [**Naturbeads**](https://millionrounds.com/company/naturbeads) Naturbeads is scaling up the technology to manufacture cellulose beads and replace plastic microbeads intentionally added to many United Kingdom $15M
- [**Level Nine**](https://millionrounds.com/company/level-nine) Level Nine AB is a consulting company which offers solutions for e-commerce, PIM, omni-channel, digital integration & mobile apps. Germany $4.6M
- [**Fusion Fuel**](https://millionrounds.com/company/fusion-fuel) Fusion Fuel is into production of green hydrogen. Ireland $4.3M

### Construction

3 startups · $13M raised

- [**Betolar**](https://millionrounds.com/company/betolar) Betolar is a materials technology company that transforms industrial sidestreams and waste materials into valuable products. Finland $5.0M
- [**INDRESMAT**](https://millionrounds.com/company/indresmat) Chemical startup redefining the buildigs' envelope materials with bioPolyurethane Spain $4.5M
- [**WIDMO Spectral Technologies**](https://millionrounds.com/company/widmo-spectral-technologies) WIDMO Spectral Technologies is a Polish company based in Kraków, founded in 2017. Poland $3.8M

**How this map is made.** Every startup here has raised money in a round we track that names European Commission as an investor, the first in 2010. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[VC firm · Belgium **Astanor Ventures** 30 startups · 4 sectors · $922M](https://millionrounds.com/portfolio-maps/astanor-ventures-portfolio-map)[VC firm · Belgium **Capricorn Partners** 27 startups · 4 sectors · $659M](https://millionrounds.com/portfolio-maps/capricorn-partners-portfolio-map)[VC firm · Belgium **Eurostars** 24 startups · 3 sectors · $182M](https://millionrounds.com/portfolio-maps/eurostars-portfolio-map)[Government fund · Belgium **EASME - EU Executive Agency for SMEs** 53 startups · 10 sectors · $604M](https://millionrounds.com/portfolio-maps/easme-eu-executi-portfolio-map)[Accelerator · Belgium **EIT Food RisingFoodstars** 46 startups · 4 sectors · $222M](https://millionrounds.com/portfolio-maps/eit-food-risingfoo-portfolio-map)[Government fund · Belgium **PMV** 30 startups · 6 sectors · $595M](https://millionrounds.com/portfolio-maps/pmv-portfolio-map)

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