1 The EIC Accelerator Project

The EIC Accelerator program, part of the European Innovation Council (EIC), is designed to support small and medium-sized enterprises (SMEs) and startups with high growth potential in Europe. Its primary goal is to foster innovation and facilitate the development of breakthrough technologies that can have a significant impact on the market and society. The EIC Accelerator provides funding through a blended finance model, which combines grants and equity investments to help innovative companies scale their operations and bring their products to market.

Funding Structure

The EIC Accelerator offers substantial financial support, with grants of up to €2.5 million available to cover various project-related expenses such as research and development, prototyping, and testing. Additionally, the program provides equity funding, which can amount to up to €15 million until 2024 and up to €10 million starting in 2025. This funding is critical for startups and early-stage companies that often struggle to secure sufficient private investment in the initial stages of their development.

Purpose and Role in the Ecosystem

The EIC Accelerator plays a pivotal role in the European DeepTech and startup ecosystem by addressing the funding gap that many innovative companies face. By offering both grant and equity financing, the program enables companies to secure the necessary resources to develop and commercialize their technologies. This support not only enhances the growth potential of individual companies but also contributes to the overall innovation landscape within Europe, fostering a more competitive and sustainable economy.

APIX ANALYTICS S.A and the GREENPIX Project

One exemplary winner of the EIC Accelerator is APIX ANALYTICS S.A, a French company that submitted its Step 2 proposal on October 6, 2021, and later triumphed in the Step 3 interview. The project, known as GREENPIX, focuses on developing the first miniaturized universal gas analyzer capable of analyzing all renewable gases in their extensive and complex compositions across various production and consumption phases, including the assessment of hydrogen purity for fuel cells.

Technology Basics and Background

The GREENPIX project aims to revolutionize the gas analysis market by providing a compact and versatile solution for monitoring renewable gases. Traditional gas analyzers often struggle to accurately measure the diverse composition of renewable gases, which can vary significantly depending on the source and production methods. This limitation poses challenges for industries relying on these gases, particularly in ensuring quality and compliance with regulatory standards.

The technology behind GREENPIX leverages advanced sensor technologies and machine learning algorithms to achieve high precision and reliability in gas analysis. By miniaturizing the analyzer, APIX ANALYTICS S.A. aims to enhance portability and ease of use, making it suitable for a wide range of applications, from industrial settings to residential energy systems.

Additionally, the focus on hydrogen purity is crucial for the fuel cell industry, where the quality of hydrogen directly affects performance and longevity. By providing an efficient and accurate means of assessing hydrogen purity, GREENPIX could play a significant role in advancing hydrogen technologies and promoting their adoption in various sectors.

In summary, the EIC Accelerator program serves as an essential catalyst for innovation within Europe, providing vital financial support to startups like APIX ANALYTICS S.A. The GREENPIX project exemplifies the program's mission to facilitate the development of groundbreaking technologies that address current challenges in the renewable energy landscape. Through its blended finance model, the EIC Accelerator empowers companies to scale their operations and secure private funding, ultimately driving progress in the European economy and beyond.

2 The Funding Rounds

APIX ANALYTICS S.A (France): Funding and Financing Overview Since EIC Accelerator Award (October 2021)

APIX ANALYTICS S.A, headquartered in Grenoble, France, is a developer of advanced multigas analyzer systems with origins as a spin-out from research collaborations between CEA (France) and Caltech (USA). The company received EIC Accelerator funding after submitting its step 2 proposal on October 6, 2021.

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Financing Raised

• Total known funding: APIX Analytics has raised at least €5 million in early-stage venture capital since the EIC Accelerator award.
• Revenue estimate for 2025: Approximately $5.5 million.

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Funding Rounds: Timing, Amounts & Investors

Date	Round	Amount	Key Investors
Nov. 25, 2017	Series B	Undisclosed	Not specified
Nov. 2022	Early VC	€5 million	Bpifrance, Demeter Partners, Kreaxi, Supernova Invest, ALIAD (Air Liquide), BNP Paribas Développement, EIC Fund

<em class="publication">The November 2022 round is the first significant post-EIC Accelerator round specifically cited.

Investor Information

• Bpifrance: State-backed French investment bank.
• Demeter Partners: European venture capital firm focused on energy/environment.
• Kreaxi: French early-stage investor.
• Supernova Invest: Deep tech investor.
• ALIAD (Air Liquide): Venture arm of Air Liquide Group; strategic industrial partner.
• BNP Paribas Développement: Investment arm of BNP Paribas bank.
• EIC Fund: European Innovation Council’s equity vehicle.

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Company Valuations

Publicly disclosed valuations for APIX Analytics are not available in the referenced sources. Financial platforms list deal structures but omit specific pre-money or post-money valuation figures for either the Series A or B rounds.

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Exit Events

There have been no reported exit events—such as IPOs or acquisitions—for APIX Analytics as of April 23, 2025:

• No IPO filings or secondary offerings are mentioned in any recent coverage or investor databases consulted here.
• No buyout offers or acquisition announcements have been reported.

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Additional Notes

APIX Analytics remains privately held and continues to operate independently out of Grenoble with approximately two dozen employees under CEO Eric Laporte. Its most recent major financing came after receiving support from both public and private sector investors aligned with European deep tech priorities.

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Sources

• Apix Analytics - EU Startups
• Dealroom.co Apix Analytics company info
• Dealroom.co Transactions – Air Liquide/Apix
• APIX Analytics - European Innovation Council Portfolio
• RocketReach – Apix Analytics Company Information
• CB Insights – Apix Analytics Funding Terms

3 The Press Releases

APIX ANALYTICS S.A., a French company and winner of the EIC Accelerator funding in October 2021, has since made several notable advancements and announcements across its technology offerings, partnerships, and company activities.

Technology Advancements and Product Developments

• APIX ANALYTICS develops advanced miniaturized instruments for gas and liquid analysis that enable real-time on-site monitoring even in hazardous areas. Their products cover applications from hydrogen to heavy crude oils with detection levels ranging from percent down to parts per billion (ppb), serving sectors such as oil & gas, hydrogen energy, air quality monitoring, biogas, and renewables.
• They have innovated new analytical modules featuring temperature ramping technology that replaces traditional isothermal modules. This advancement allows faster analysis cycles with fewer modules required for some applications.
• The company markets online analytical solutions under two main product lines: ATEX-certified Chromex units for explosive atmospheres and non-ATEX Chrompix2 units.
• A key innovation is their integration of both nanoelectromechanical system (NEMS) detectors alongside thermal conductivity detectors (TCD) within a single gas chromatography system. This combination improves detection limits by 10x to 100x compared to TCD alone for heavier hydrocarbons without requiring flame or hydrogen make-up gas. Their multiplexed GC system “Chrompix” allows up to four plug & play analytical modules operating simultaneously on a single sample within a compact 19-inch rack.

Partnerships

• APIX ANALYTICS has established significant partnerships including being awarded a major contract via their EPC partner MECI by GRDF—the well-known biomethane national distributor in France—to supply OEM microGC systems over the next 10 years for biomethane injection accuracy control.
• The company conducts technical training sessions with partners’ technical crews at its factory facilities in Garlin, France, strengthening collaboration around service and maintenance capabilities.

Company Events & Public Presence

• They actively participate in major industry exhibitions such as ACHEMA Frankfurt (presented new temperature ramp module for Chrompix2 micro GC) and GASTECH 2023 where they presented their hydrogen analysis solutions.
• APIX Analytics regularly hosts sales meetings focused on product feedback strategies with its international distribution network based out of Grenoble headquarters.

Team Updates

While no specific personnel changes were mentioned recently in public communications or press releases available from the company’s website or social media channels up through early 2025, they emphasize ongoing training efforts involving partner technical teams indicating active skills development collaboration .

Summary

Since securing EIC Accelerator funding in late 2021, APIX ANALYTICS S.A. has focused heavily on technological innovation particularly around advanced miniaturized gas chromatography instruments integrating novel NEMS detector technology with multiplex capabilities aimed at energy transition markets like hydrogen and biomethane. Long-term partnership contracts secured reflect strong market validation especially within France’s renewable gases sector. The firm maintains an active industry presence through exhibitions and partner events while fostering close cooperation via dedicated training programs.

Sources: - Apix Analytics News

• FineEngineering Interview
• Petro Online Article on New GC System

4 The Technology Advancements

Overview of APIX Analytics S.A.

APIX Analytics S.A., based in France, is a leading developer of ultra-miniaturized gas analyzers that utilize nanotechnology to analyze gases and liquids. Since receiving funding from the European Innovation Council (EIC) Accelerator in October 2021, the company has continued to advance its technology and expand its market presence.

Current Capabilities

APIX Analytics offers a range of innovative products, including:

• NGD Detector: A patented high-performance nanoscale detector capable of detecting gases at parts-per-billion levels without hydrogen.
• Plug-n-play modules: These modules integrate comprehensive analytical GC chains and can be multiplexed within a single system for various applications.
• ChromPix2 and ChromEx: Modular multi-gas analyzers for industrial and laboratory use, with ATEX-proof versions available.
• ChromPix2S and TwinPix2S: Micro GC systems in a compact 19” chassis for complex gas analysis.

Advancements Since EIC Funding

Since securing EIC funding, APIX Analytics has focused on enhancing its gas chromatography technology. The company has emphasized the integration of silicon-based analytical chains to improve specificity, detection, identification, and quantification of gas mixture compounds. There are no specific details on new features or improvements directly attributed to the EIC funding, but the company continues to innovate in the field of miniaturized gas analysis.

Market Demonstration and Customer Engagement

APIX Analytics has engaged in various activities to demonstrate its technology, including international sales and technical meetings, where they interact with partners and focus on product feedback and strategy. Additionally, they have provided training at their factory in Garlin, further indicating a focus on customer and partner support.

New Patents, Scientific Studies, or Trials

There is no publicly available information on new patents filed, scientific studies published, or clinical trials conducted by APIX Analytics since receiving the EIC funding. However, Eric Colinet from APIX Analytics presented a paper on advancements in gas chromatography technology at the Analyzer Technology Conference, highlighting real-world applications of compact and high-speed GC.

Conclusion

APIX Analytics continues to innovate in gas analysis technology, leveraging its miniaturized systems for various industrial and laboratory applications. While specific advancements directly tied to the EIC funding are not detailed, the company's ongoing development and customer engagement suggest a strong focus on enhancing its technology and market presence.

Sources:

• Apix Analytics: Home-New
• APIX Analytics ultra-miniaturized gas analyzers
• News - Apix Analytics
• Company News - Elementale Enterprises
• APIX Analytics - European Innovation Council
• APIX Analytics (France)

5 The Partnerships and Customers

APIX Analytics S.A.: Partnerships and Growth Since EIC Accelerator Funding

APIX Analytics S.A., a French company specializing in highly miniaturized multigas analyzers, received EIC Accelerator funding on October 6, 2021. This support has likely contributed to the company's advancements and partnerships over the past few years.

Partnerships and Customers

APIX Analytics has strengthened its position in the market by engaging with key partners and customers. One notable partnership involves being a national partner in biomethane injection with MECI. This collaboration enables APIX Analytics to supply OEM microGC systems through MECI, an EPC partner, to GRDF, a prominent biomethane distributor in France, under a 10-year contract.

Additionally, APIX Analytics hosts training sessions for its major partners, such as a recent event for a significant Italian partner, focusing on service and maintenance training. These partnerships highlight the company's ability to collaborate with industry leaders and expand its reach.

New Partners and Customers

While specific names of new partners or customers are not detailed in recent reports, APIX Analytics continues to engage with its international sales and distribution network. This ongoing interaction suggests that the company is actively seeking new collaborations and expanding its customer base.

Nature and Purpose of New Relationships

New relationships for APIX Analytics are generally aimed at enhancing its technological capabilities and expanding its market presence. By partnering with companies like MECI and engaging with major distributors, APIX Analytics positions itself as a leader in gas analysis technology, particularly in the hydrogen and biomethane sectors.

Market Positioning

These new relationships will bolster APIX Analytics' market position by reinforcing its expertise in gas analysis and chromatography. The company's unique, patented nanoscale detector technology allows for precise gas detection, which is crucial in industries like energy and aerospace.

Technology Advancements and Scaling

APIX Analytics benefits from its partnerships in terms of technology advancements and scaling. Collaborations with significant industry players provide opportunities for feedback and strategy alignment, facilitating improvements in product design and manufacturing efficiency. Additionally, the EIC Accelerator funding likely supported the development and commercialization of its innovative gas analyzers, enabling the company to expand its operations and reach new markets.

Conclusion

Since receiving the EIC Accelerator funding, APIX Analytics has leveraged partnerships and technological innovations to strengthen its market presence. The company's focus on miniaturized gas analysis systems positions it well in emerging sectors, such as hydrogen and biomethane, while ongoing collaborations drive its growth and technological advancements.

Sources:

• Apix Analytics: Home
• APIX Analytics Information
• News - Apix Analytics

6 The Hiring and Company Growth

APIX Analytics S.A.

APIX Analytics S.A., a French company, won the EIC Accelerator funding on October 6, 2021. Since then, the company has continued to focus on developing highly miniaturized multigas analyzers based on silicon integration. Here is an overview of the company's current status regarding hiring, team growth, and other developments:

Current Headcount and Team Size

APIX Analytics currently employs about 20 to 26 people, with the main offices located in Grenoble, France. The discrepancy in numbers may reflect different sources or updates in staffing.

Hiring and Team Growth

There is no specific information available on whether APIX Analytics is currently hiring. However, the company's focus on innovation and technological advancements suggests a potential need for skilled professionals in fields like engineering and research.

Growth and Recent Hires

The company has not publicly announced specific recent hires or key positions filled. However, its growth is likely supported by its continued focus on developing cutting-edge multigas analyzers.

Impact of New Team Members

As APIX Analytics expands its team, new members will play a crucial role in enhancing the company's technological capabilities, contributing to its growth, and helping to scale its operations. Their expertise will be vital in maintaining the company's competitive edge in the highly specialized field of miniaturized gas analysis systems.

Management and Founding Team Changes

Eric Laporte serves as the CEO of APIX Analytics. There are no recent reports of major changes in the management or founding team.

Future Prospects

The EIC Accelerator funding has likely provided APIX Analytics with significant resources to further develop its products and expand its market presence. The company's focus on miniaturized multigas analyzers positions it well for growth in industries requiring advanced gas analysis technologies, such as aerospace, defense, and environmental monitoring.

Sources

• APIX Analytics Information - RocketReach
• Company - Apix Analytics
• APIX Analytics - Products, Competitors, Financials, Employees

7 The Media Features and Publications

APIX Analytics S.A.: Media Presence, Events, and Industry Engagement

APIX Analytics S.A., a French developer of advanced gas chromatography systems, has maintained a strong industry presence through exhibitions, partnerships, and technical engagements since securing EIC Accelerator funding in 2021. Below is a detailed overview of their activities:

Media Features & Publications

• Petro Online: Featured APIX’s ATEX-compliant ChromEx™ series for explosive environments, emphasizing its modular design for industrial gas analysis.
• Apix Analytics Website: Regularly updates news on product releases (e.g., ChromPix2® and TwinPix2S analyzers) and collaborative projects.

Podcasts & Interviews

No publicly available interviews or podcasts directly featuring APIX’s team were identified. However, the company emphasizes knowledge-sharing through technical training sessions with partners.

Conference Participation & Events

• Hyvolution: Exhibited hydrogen analysis solutions and presented at the Industrial Innovation Talks session (January 31st).
• ACHEMA 2023: Announced participation for June 2023 to showcase microGC technologies.
• GASTECH 2023: Attended September 5–8 to demonstrate multi-gas analyzers for energy sector applications.
• GRDF Partnership: Secured a decade-long contract with France’s biomethane distributor to supply OEM microGC systems via MECI.

Technical Engagements & Training

• Italian Partner Training: Hosted service/maintenance workshops in Garlin (France), covering software operation and hardware maintenance.
• International Sales Meetings: Conducted hands-on sessions in Grenoble to align distribution strategies with global partners.

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Sources

• New generation of Gas Chromatography Systems - Petro Online (archived request page). Note: Full article access requires form submission.
• APIX Analytics News - Company website updates on events and products.
• EIC Fund Portfolio - European Innovation Council profile.