1 The EIC Accelerator Project
EIC Accelerator Program Overview
The EIC Accelerator, part of the European Innovation Council (EIC), serves as a pivotal funding initiative designed to support innovative small and medium-sized enterprises (SMEs) and startups within the European Union. It aims to bridge the gap between early-stage research and market-ready products, particularly in the DeepTech sector, which encompasses advanced technologies in areas such as biotechnology, artificial intelligence, and clean technology.
The program provides a unique funding structure known as blended finance, which combines grants and equity investments. This structure allows for a more flexible financial support system tailored to the varied needs of innovative companies. The EIC Accelerator offers grants of up to €2.5 million to help cover development costs, alongside equity investments that have evolved from a maximum of €15 million until 2024 to €10 million since 2025. This dual approach ensures that startups can access necessary capital while minimizing the risk of dilution.
Purpose of the EIC Accelerator
The EIC Accelerator serves several essential functions within the European startup ecosystem. Primarily, it aims to foster innovation by providing critical funding to companies that are poised to introduce transformative technologies. The program plays a vital role in helping companies scale their operations, facilitating access to private sector funding sources. By acting as a credible partner, the EIC Accelerator enhances the attractiveness of participating companies for private investors, thereby catalyzing additional financial support and accelerating growth trajectories.
Pertinent Eco-Solutions and the VERANO Project
Company Overview
Pertinent Eco-Solutions, based in France, has emerged as a significant player in the field of sustainable agricultural technologies. The company focuses on developing innovative biocontrol solutions aimed at enhancing agricultural resilience. Their project, titled VERANO, has been recognized for its groundbreaking approach to agriculture, significantly contributing to the EIC Accelerator's mission of promoting environmentally sustainable practices.
Project Overview: VERANO
The VERANO project is centered on creating advanced biocontrol solutions that aim to improve agricultural resilience. The project focuses on developing eco-friendly alternatives to chemical pesticides, which have long been criticized for their detrimental effects on ecosystems and human health. By leveraging natural processes and organisms, the VERANO project aspires to provide effective pest management solutions that can lead to sustainable and productive agricultural practices.
Technology Basics and Background
The technology underpinning the VERANO project is rooted in the principles of biocontrol, which involves the use of natural predators, parasites, or pathogens to manage pests and diseases in agricultural settings. This approach not only minimizes reliance on synthetic chemicals but also promotes biodiversity within ecosystems. By harnessing the power of nature, Pertinent Eco-Solutions aims to create solutions that are not only effective but also align with the principles of sustainable agriculture.
The development of the VERANO project is particularly timely, as farmers face increasing challenges related to climate change, pest resistance, and regulatory pressures surrounding chemical use. By focusing on innovative biocontrol methods, Pertinent Eco-Solutions seeks to equip farmers with the tools necessary to maintain high yields while adhering to sustainable practices.
Conclusion
The EIC Accelerator is instrumental in supporting innovative startups like Pertinent Eco-Solutions, enabling them to realize their potential in the European DeepTech landscape. Through the VERANO project, Pertinent Eco-Solutions is positioned to make significant advancements in sustainable agriculture, addressing critical challenges faced by the industry. The combination of grant funding and equity investment ensures that the company has the resources needed to scale and bring its innovative biocontrol solutions to market, ultimately contributing to a more resilient agricultural ecosystem.
2 The Funding Rounds
Pertinent eco-solutions: Financing and Investment Overview Since EIC Accelerator Funding
Pertinent eco-solutions, based in France, was a recipient of the European Innovation Council (EIC) Accelerator funding following the November 8, 2023 cut-off. Below is a detailed account of all available information related to their financing, funding rounds, investor details, valuation data, and any exit events since being awarded EIC support.
EIC Accelerator Funding Round
- Timing: Pertinent eco-solutions successfully submitted its Step 2 proposal for the EIC Accelerator on November 8, 2023. The public announcement of selected recipients occurred in late February 2024.
- Type and Amount: As one of the winners among the final group of 42 companies for this cut-off, Pertinent eco-solutions received funding as part of an overall allocation up to €285 million across all selected companies. The majority (62%) were awarded "blended finance," which combines a grant component with equity investment via the EIC Fund. Individual company allocations are not disclosed; however:
- Typical EIC grants can be up to €2.5 million.
- Equity investments may range from approximately €0.5 million up to €15 million per company through the dedicated EIC Fund.
- Funding Structure: The most common structure is blended finance—an initial grant followed by direct equity investment from the EU-backed fund designed to attract additional private co-investors.
- Disbursement Timing: Grant financing is generally disbursed within two to three months after selection (thus likely spring/summer 2024), with equity investments determined within two months subject to project needs.
Investors Involved
- Primary Investor: The European Innovation Council Fund acts as both lead investor and co-investor where relevant for all equity components in these rounds.
- Co-Investment Encouraged: It is standard practice that other private or institutional investors may participate alongside or following an initial stake from the EIC Fund; specific names or amounts regarding co-investors for Pertinent eco-solutions have not been published as of May 6, 2025.
Valuation Information
Exit Events: IPOs/Acquisitions/Buyouts
As of now:
Summary Table: Recent Financing Activity
Date | Event | Amount | Investors | Notes |
---|---|---|---|---|
Nov–Feb 2024 | Awarded EIC Accelerator blended finance | Not disclosed | EU (EIC Fund & possibly others) | Grant + potential equity |
<em class="publication">Announcement date; actual disbursement likely Q1–Q2 2024. </em>Per-company breakdown not publicly available.
Additional Notes
All data reflects currently accessible information as at May 6th 2025; future developments may provide greater detail on follow-on rounds or valuation updates.
Sources
- EIC Accelerator-November 8 Cut-Off Results PDF
- Unveiling Latest EIC Accelerator Results – Rasph.com
- Horizon Europe NCP Portal – Final Cut-Off Funds Announcement
- EIA Official Website – About Funding Types
3 The Press Releases
Pertinent Eco-Solutions: Pioneering Biocontrol Innovations for Sustainable AgriculturePertinent Eco-Solutions, a French agritech company, secured EIC Accelerator funding in the November 8th, 2023 cut-off round under the blended finance category. The company specializes in groundbreaking biocontrol solutions aimed at fostering resilient agricultural systems by reducing reliance on chemical pesticides.
Key Details
- Project: VERANO – Focused on developing novel biocontrol agents to enhance crop protection and sustainability.
- Funding Type: Blended finance (grant and equity components).
- Total EIC Budget: The November 2023 cohort received €285 million across 42 companies, though Pertinent Eco-Solutions' exact allocation is unspecified.
Technology and Impact
The company’s innovation targets the urgent need for eco-friendly pest management tools in agriculture. While specifics of their technology remain undisclosed in available materials, their work aligns with global trends toward natural alternatives to synthetic pesticides.Post-Funding Updates
No direct press releases or blog posts from pertinenteco.com were identified via available sources. Publicly listed details derive from aggregated EIC Accelerator results summaries. Patent filings or partnerships specific to Pertinent Eco-Solutions are not documented in the retrieved data.Sources
- Unveiling the Latest EIC Accelerator Results: A Comprehensive Analysis
- Latest EIC Accelerator Results - Rasph
- EIC Accelerator final 2023 cut-off funds 42 companies with up to €285 million
4 The Technology Advancements
Pertinent Eco-Solutions: Current Capabilities and Advancements
Pertinent Eco-Solutions, a French company with a mission to develop eco-friendly pest control solutions, has gained significant attention in the agricultural sector. Their focus is on plant-based technologies that replace conventional pesticides, aiming to protect both health and the environment.
Current Capabilities
Pertinent Eco-Solutions specializes in the scientific optimization of natural insecticidal properties found in plant extracts. This expertise allows them to create high-performance, environmentally friendly alternatives to traditional pesticides. The company has built an extensive bank of over 200 product prototypes, positioning them strongly in the livestock, crop protection, and insect control sectors.Advancements and Funding
As of November 8, 2023, Pertinent Eco-Solutions was expected to have submitted a proposal for the EIC Accelerator funding, but there is no specific information available in the provided search results about receiving EIC Accelerator funding on this date. However, DE SANGOSSE, a well-established company in biosolutions, acquired a stake in Pertinent Eco-Solutions, demonstrating a strategic partnership that could enhance their innovation capabilities and market reach.Technology Improvements and Market Demonstration
While there is no detailed information on new features or improvements specifically tied to EIC Accelerator funding, Pertinent Eco-Solutions' collaboration with DE SANGOSSE indicates potential for further technological advancements and market expansion. Their innovative approach to using plant extracts could lead to increased adoption in the agricultural sector.New Patents, Scientific Studies, or Clinical Trials
There is no specific information available regarding new patents filed or scientific studies published by Pertinent Eco-Solutions since the mentioned date.Sources
- Pertinent Eco-Solutions
- Pertinent Eco-Solutions Homepage Anglais Europe
- DE SANGOSSE acquires a stake in Pertinent Eco-Solutions
5 The Partnerships and Customers
Pertinent Eco-Solutions: Strategic Partnerships and Developments
Pertinent Eco-Solutions, a French company specializing in eco-friendly pest control solutions, has made significant strides in the industry, particularly since receiving the EIC Accelerator funding in November 2023. This section highlights the company's recent partnerships, customer relationships, and how these alliances position Pertinent Eco-Solutions for future success.
Partnerships and Customers
DE SANGOSSE Collaboration: One of the most notable partnerships for Pertinent Eco-Solutions is with DE SANGOSSE. DE SANGOSSE acquired a stake in Pertinent Eco-Solutions and secured the exclusive European license for its insecticide and acaricide specialties. This collaboration aligns both companies' visions for sustainable agriculture and environmental protection. DE SANGOSSE's extensive network across over 60 countries will significantly enhance Pertinent Eco-Solutions' market reach.
New Relationships
While specific details on new customers have not been disclosed, the partnership with DE SANGOSSE marks a significant expansion of Pertinent Eco-Solutions' customer base, particularly in Europe. This strategic alliance will not only increase the company's customer reach but also leverage DE SANGOSSE's expertise in sustainable crop management.
Nature and Purpose of Relationships
The primary purpose of these relationships is to foster a more sustainable agricultural industry. By collaborating with DE SANGOSSE, Pertinent Eco-Solutions aims to increase the adoption of eco-friendly pest control solutions, replacing conventional pesticides with more environmentally friendly alternatives. This partnership enhances Pertinent Eco-Solutions' capabilities in delivering high-performance, sustainable crop protection solutions globally.
Market Positioning
These strategic partnerships position Pertinent Eco-Solutions as a leader in the eco-friendly pest control market. The association with DE SANGOSSE, a well-established player in the biosolutions sector, boosts Pertinent Eco-Solutions' credibility and expands its market presence, particularly in Europe. This collaboration will help the company capitalize on growing demand for sustainable agricultural practices.
Technology Advancements and Scaling
The partnership with DE SANGOSSE is expected to drive technology advancements by combining Pertinent Eco-Solutions' innovative pest control technologies with DE SANGOSSE's expertise in sustainable crop management. This synergy will enable the development of more effective and environmentally friendly solutions. Additionally, the expanded market reach facilitated by DE SANGOSSE will support Pertinent Eco-Solutions in scaling its operations, ensuring that its eco-friendly products are more widely adopted across the agricultural sector.
Sources
- Pertinent Eco-Solutions
- DE SANGOSSE acquires a stake in PERTINENT ECO-SOLUTIONS
- DE SANGOSSE acquires a stake in PERTINENT ECO-SOLUTIONS
6 The Hiring and Company Growth
Pertinent Eco-Solutions: Team Growth and Strategic Hiring Post-EIC Accelerator Funding While specific headcount figures and recent hiring announcements for Pertinent Eco-Solutions are not publicly disclosed, the company’s leadership structure and operational focus provide insights into its scaling strategy following its EIC Accelerator win in November 2023.Core Leadership and Expertise
The management team comprises seasoned executives with decades of experience in plant-based pest control:
- Bruno Jactel (CEO): Former CEO of TyraTech, instrumental in commercializing eco-friendly pest products for major retailers.
- Frank Jusich (Head of US Operations): Previously led Central Life Sciences’ $300M animal health division, emphasizing market expansion.
- Ron Hatton (COO): Specializes in supply chain optimization, having streamlined operations at Sipcam Agro and TyraTech.
- Scot Huber (CSO): Holds 30+ patents in phytogenic pest control solutions, driving R&D innovation.
Growth Indicators
Though explicit hiring data is unavailable, Pertinent emphasizes partnerships with academic institutions and a product lineup tailored to livestock producers, crop farmers, and professional pest controllers—suggesting potential roles in R&D, logistics, or customer support to meet demand. The absence of public job postings does not preclude internal restructuring or niche recruitment aligned with their eco-friendly mission.
Future Trajectory
The leadership’s combined expertise positions Pertinent to scale production of flagship products like Vetforce™ and HerdGuard Premix while expanding into new markets. Key hires would likely focus on technical formulation specialists or regulatory compliance experts to navigate global pesticide standards.
No major management changes have been reported since the EIC funding round; stability among co-founders indicates continuity in strategic vision.
Sources
7 The Media Features and Publications
Pertinent Eco-Solutions: Post-EIC Accelerator Visibility and EngagementPertinent Eco-Solutions, a France-based company specializing in eco-friendly pest control solutions, secured EIC Accelerator funding during the November 8, 2023, cutoff. While specific media features or publications directly naming the company are not publicly documented in available sources, its online presence emphasizes sustainable agricultural innovations aligned with EU green objectives.
The company’s website highlights its focus on plant-based pest control products, including formulations for livestock (e.g., HerdGuard Premix), crops (AgForce Total Insect Concentrate), and professional pest management (360 Insect Concentrate). However, no third-party articles or podcasts explicitly mentioning Pertinent Eco-Solutions were identified in the search results.
Regarding conferences and events, Pertinent’s website does not list participation details. The broader EIC Accelerator ecosystem includes events like EcoSummit 2024 (Zhengzhou), though Pertinent’s direct involvement remains unconfirmed. Similarly, no interviews with the team were found beyond its own promotional materials.
Post-funding activities likely prioritize scaling production and partnerships under the EIC’s equity support framework. The absence of publicized engagements suggests a focus on product development over media outreach as of mid-2024.
Sources
- Pertinent Eco-Solutions
- EcoSummit 2024
- EIC Accelerator November 8 Cutoff Results
- Rasph – Latest EIC Accelerator Results
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