EIC blended accelerator awarded to Solmates, boosting investment consortium for scale-up

The EIC blended accelerator award combines both a grant and an optional equity co-investment of the European Investment Fund. The grant part enables the next step in Product Development, offering a complete solution including automated wafer handling.

The co-investment part could not be timed better. 2020 breakthrough developments resulted in an acceleration, triggering an investment round to provide capital for substantial scale-up of Solmates.

From the 4200 applicants 39 got awarded, meaning less than 1%. Matthijn Dekkers (CTO) says: ”This feels like winning the Champions League twice!”

Read more: https://www.rvo.nl/actueel/nieuws/ruim-18-miljoen-uit-europa-voor-3-nederlandse-innovatieve-scale-ups