European Innovation Council
Established in 2020, the European Innovation Council supports innovative startups and researchers with promising ideas, focusing on early-stage companies with positive environmental, social, or governance impacts. It co-invests alongside private investors.
https://crunchbase.com/organization/***
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Past deals in Wales
SolasCure
Grant in 2023
Founded in 2017, SolasCure is a biotechnology company based in Wales, UK. It specializes in developing innovative hydrogel treatments for patients with chronic wounds. Its flagship product, Aurase, facilitates wound debridement, removing dead or infected tissue to enhance healing.
Nova Innovation
Grant in 2021
Nova Innovation Ltd. is a tidal energy company founded in 2009 and based in Edinburgh, United Kingdom, with additional offices in Leith, Caernarfon, and Shetland. The company specializes in designing, building, and operating underwater tidal turbines that provide clean, predictable electricity while minimizing visual impact and harmonizing with the marine environment. Nova Innovation develops sites for arrays of tidal turbines and is dedicated to reducing reliance on fossil fuels for future generations. With a focus on local supply chains, the company engages coastal communities to enhance the success of its tidal power projects. Nova Innovation gained recognition for deploying the world's first offshore tidal array, earning awards for its contributions to low-carbon innovation and sustainable energy solutions.
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