Seven Estonian DeepTech startups win €3.4M in EU funding

Another outsized win is scored by the Estonian ecosystem. Seven local DeepTech startups have secured a combined €3.37M in funding through the European Innovation Council’s Pre-Accelerator programme (EIC Pre-Accelerator), a competitive EU initiative designed to help early-stage companies develop their technology, sharpen their competitiveness, and prepare for larger international funding rounds.

Each successful applicant receives up to €500,000. The programme also acts as a stepping stone towards the EIC Accelerator — the main EIC funding instrument, where grants and investments run into the millions.

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Originally published on 28 Apr

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