Budapest-based EIT InnoEnergy secures €140 million private placement to boost impact on European unicorns

Published on September 8, 2023

The European Institute of Innovation & Technology (EIT) recently announced a €140 million private placement of one its Knowledge and Innovation Communities (KICs). With its latest investment round, EIT InnoEnergy, created by the EIT in 2010, will boost growth for its portfolio companies which include 3 European unicorns, aiming to generate €110 billion in revenue…

This content is for members only. Visit the site and log in/register to read.

The post Budapest-based EIT InnoEnergy secures €140 million private placement to boost impact on European unicorns appeared first on EU-Startups.

Continue reading on website
Other news

Berlin-based Ostrom picks up extra €7.5 million in order to advance Europe’s green energy transition

September 8, 2023
After closing its €9.3 million Series A in December 2022, Ostrom has raised an additional €7.5 million in an investment round led by SE Ventures, a Silicon Valley-based venture fund backed by Schneider Electric. Existing investors Union Square Ventures, Adjacent, J12, and Übermorgen also participated in the financing, extending its Series A to €16.8 million… This content is for members only. Visit

Retirement Planning for Late Starters: Making the Most of Your Golden Years

September 8, 2023
As the old saying goes, “better late than never.” But, that’s not always true. In some cases, a missed opportunity is better than one taken precipitously or haphazardly. However, when...