# EIC Fund commitments in 2026: top ten led by EnduroSat with €34.5 million

- Published: 2026-11-05 02:32 UTC
- Section: Industry & People › Start-ups
- Tags: EIC Fund 2026, European Innovation Council, EnduroSat, Reverion, Pasqal, Focused Energy, SMART Photonics, Proxima Fusion, Quobly, европейские стартапы
- URL: https://realtech.media/news/rt-8d0865c9e24b3236c8f299db_eic_fund_commitments/

**EIC data shared with EU-Startups: ten companies received about €224.1 million in EIC Fund commitments in January–September 2026, out of 85 investments in total.**

![EIC Fund commitments in 2026: top ten led by EnduroSat with €34.5 million](https://sgzwpqqelzmajkcubgkl.supabase.co/storage/v1/object/public/rt-media/2026/11/0e5744ca1a8493e7.jpg)
*NASA, Wikimedia Commons, Public domain*

The European Innovation Council (EIC) shared exclusive investment data with EU-Startups on the ten companies that secured the largest EIC Fund commitments between January and September 2026. [1] Over this period the EIC made 85 investments in total. [1] The ranking combines multiple investments in the same company, and the ten companies together account for about €224.1 million in commitments. [1]

## Largest EIC Fund commitments

EnduroSat (Bulgaria), which offers satellites as a service, is first with €34.5 million signed on 17 August 2026. [1] In September the company announced a €182 million ($205 million) round that included the EIC. [1]

Reverion (Germany), a 2022 spin-off from the Technical University of Munich developing reversible power plants that run on gases such as biogas and hydrogen, received €33.3 million across two investments in June and August. [1] Its Series B round of €154.2 million followed in September. [1]

Pasqal (France), which builds neutral-atom quantum computers, signed almost €30 million on 30 January, while still private. [1] It listed on Nasdaq in August 2026. [1]

Focused Energy (Germany), working on laser-driven nuclear fusion, signed almost €30 million in May and announced a €213 million ($240 million) Series A the same month. [1] The company aims to develop a laser-fusion power plant in Biblis, Germany, in the 2030s. [1]

SMART Photonics (the Netherlands), a maker of indium phosphide photonic integrated circuits, received €25 million in May. [1] It is taking part in a new six-inch wafer pilot line in Eindhoven. [1]

## The rest of the top ten

Leyden Labs (the Netherlands), which develops nasal sprays delivering antibodies against respiratory viruses, signed almost €20 million in April. [1] In June it closed a €40 million round. [1]

Quandela (France), a developer of photonic quantum computers, signed almost €14 million in July. [1] In April it inaugurated the Lucy photonic quantum computer at France's CEA computing centre. [1]

AURA AERO (France), developing electric training and hybrid-electric regional aircraft, signed almost €12.5 million in March. [1] In April it announced a €50 million Series B. [1]

Quobly (France), a CEA-Leti and CNRS spin-off building silicon-qubit quantum processors, signed almost €12.5 million in May. [1] Its €115 million Series A was announced in June. [1]

Proxima Fusion (Germany), which develops stellarator-based fusion plants and is working towards its Alpha demonstrator, signed approximately €12.48 million in July. [1] That month it also announced a €411 million financing round. [1]

## Sources

1. [EU-Startups](https://www.eu-startups.com/2026/11/exclusive-top-10-largest-investments-by-eic-in-2026-so-far)

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Source: RealTech, realtech.media — https://realtech.media/news/rt-8d0865c9e24b3236c8f299db_eic_fund_commitments/