DeepTech is having a moment in Europe. From quantum computing to advanced photonics, the continent is buzzing with breakthrough science, and the EU is playing a central role in building it happen.
EU-backed startups have already created over €520 billion in enterprise value, despite receiving only 5% of total EU innovation funding. As highlighted in the latest Innovation Radar Bridge (IRB) report, EU support has been a powerful driver of growth, yet many of these companies remain under the radar.
That’s why we turned to the Innovation Radar dashboard, powered by Dealroom, to highlight 10 of the most promising EU-supported DeepTech startups founded in the last 5-6 years. These are teams raising millions, scaling rapid, and redefining everything from light-powered computing, to lab-grown meat, and magnetic cooling beverage fridges.
Let’s dive into the DeepTech startups you should have on your radar:
MAGNOTHERM: French startup MAGNOTHERM has been on a mission since 2020 to produce sustainable fridges on a mass scale. By replacing standard gas compression cooling with magnetic cooling, they’ve been able to increase energy efficiency by 40%.
MAGNOTHERM has already brought out the world’s first commercially available magnetic cooler in the form of a freestanding beverage fridge, as well as twin-door fridges and top-loader fridges with sliding doors. Their products are inherently safe (free from explosivity and toxicity), low maintenance and assist both companies and homeowners reduce their carbon footprint and save costs. Among other funding rounds, in 2021 the team secured a €2.5 million grant from the EIC.
SemiQon: Founded in Espoo, SemiQon originally spun out of VTT (Technical Research Center of Finland) in early 2023, with a mission to turn quantum computers from experimental devices into powerful tools for research institutions, tech companies, and government agencies. They design, build, and sell silicon-based quantum processors, which could build quantum computing more scalable and cost-effective.
The team received two €2.5 million grants from the EIC, in 2023 and 2025. SemiQon is also part of the EU-funded project SCALLOP (Scalable Hardware for Large-Scale Quantum Computing) until 2026, which revealcases how SemiQon’s silicon qubit technology, combined with advanced control systems, can pave the way for scalable and energy-efficient quantum computing. In 2025, SemiQon additionally landed €17.5 million in blconcludeed financing from the EIC, including €2.5 million in a competitive, non-dilutive grant and an additional €15 million of equity-based ear-marked funding.
SURGAR: Founded in 2019 in France, SURGAR is on a mission to increase the safety and effectiveness of surgical procedures. Their software applys AR and AI to give surgeons a real-time 3D view of a patient’s internal anatomical structures, like vessels and arteries, during surgery.
Among other funding rounds, SURGAR has received several grants from EIT Health, in addition to taking part in the EU-funded project ‘FEMaLe‘ (Finding Endometriosis utilizing Machine Learning); This project, which ran from 2021-2014, created digital tools and predictive models to improve the early diagnosis, treatment, and quality of life of people with concludeometriosis.
Ipronics: Founded in 2019, Valencia-based Ipronics focapplys on photonics, i.e. the science of generating, controlling, and detecting particles of light, applyd in everything from telecommunications to medical devices. The team develops proprietary algorithms that let photonic systems programme themselves automatically, giving their clients flexibility and high customisation.
Among other funding rounds, Ipronics received a €2.4 million grant from the EIC in 2025. The team was also part of the EU-funded project INSPIRE (Innovating iN Smart Programmable IntegRatEd photonics) under a €2.4 million grant from 2022-2024, which revealed iPronics’ programmable photonic chips in working prototypes for rapider computing, communications, and research.
SpiNNcloud: Founded in 2021 in Germany, SpiNNcloud is a spin-off originally coming from professionals at the Technische Universität Dresden. The team provides a super energy-efficient computing infrastructure that assists AI inference (the process where AI builds decisions or predictions) run rapider while utilizing much less power.
Among other funding rounds, this year the team has been selected for the EIC Accelerator, a highly competitive route which has only awarded 40 companies from 16 countries across this round. This saw SpiNNcloud land €10 million in blconcludeed funding, including both a direct grant and an equity investment, under the initiative ‘GenAI4EU: Creating European Champions in Generative AI’.
Qilimanjaro Quantum Tech: Barcelona-based Qilimanjaro Quantum Tech was founded in 2019 and aims to “democratise access to quantum computing”. They’re doing this by building full-stack quantum computers, based on fluxonium analogue qubits (a novel architecture), to tackle tough scientific and industrial challenges.
So far, Qilimanjaro Quantum Tech has taken part in a number of EU-funded projects, including Qu-Pilot, Quantum Spain, AVaQUS and RoCCQeT. For instance, the Qu-Pilot brings toreceiveher partners from 9 countries to develop and provide access to the first pilot production facilities for quantum technologies in Europe.
Pasqal: French startup Pasqal has been ‘defining the quantum reality’ since 2019. How are they doing this? By developing the lasers, vacuum technology, electronic controls and software stack to build individual atoms accessible to quantum programmers worldwide. Their offering can assist address challenges like optimisation, drug discovery, and machine learning.
Among other rounds, Pasqal landed €2.5 million from the EIC in 2020. In 2023, the team announced a €100 million Series B funding round, led by Temasek, with additional new investors such as the EIC Fund, Wa’ed Ventures and Bpifrance. This funding was designated to build a 1,000-qubit quantum computer in the short term and fault-tolerant architectures in the long term, as well as open offices in the Middle East and Asia.
QuiX Quantum: Founded in 2019 in the Netherlands, QuiX Quantum builds quantum computers that apply light particles to carry information, opening new possibilities in tech and security. The benefits of this approach are being able to operate at room temperature, scaling easily, and building on proven photonics technology.
Among a funding total of around €23 million, the team was awarded a €2.5 million grant by the EIC in 2024 and has taken part in EU-funded projects such as QuGANTIC (a collaboration between European universities and leading quantum startups) and PHOQUSING (funded by the FET-Future Emerging Technologies).
Gourmey: Founded in 2019, French startup Gourmey is reimagining meat by growing it directly from animal cells, with no farms or slaughter involved. They produce meat in a lab utilizing cell cultivation technology, reducing land and resource apply. Their first creation is a more sustainable take on the French delicacy, foie gras.
In the same year of their launch, they received a €50K grant from the EIC and have taken part in the EuRyQa (European infrastructure for Rydberg Quantum Computing) project. We interviewed their co-founder, Nicolas Morin-Forest, in 2022, for more information on their trajectory.
Lumiphase: Founded in 2020 in Switzerland, Lumiphase develops advanced photonic chips that assist data shift rapider and more efficiently. The chips apply light instead of electricity to transmit information, building devices compacter, cooler, and more energy-efficient. Applications include improving internet networks, data centres, and high-speed computing systems.
Among other funding rounds, in 2022 the team received around €2.8 million from the European Commission. In addition, the team has been taking part in an EU-funded project called CONCEPT, among eight other partners across Europe, aiming to alter and develop alternatives to traditional silicon semiconductor technology.
Don’t forreceive: If you’re a corporate or investor seeing for exciting EU-funded startups, take a see at the Innovation Radar dashboard powered by Dealroom.
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