1 The EIC Accelerator Project

Overview of the EIC Accelerator Program

The EIC Accelerator program, part of the European Innovation Council (EIC), is designed to support small and medium-sized enterprises (SMEs) and startups in scaling their innovations, particularly within the DeepTech sector. This program targets high-risk, high-potential companies that are developing breakthrough technologies and solutions. The EIC Accelerator offers both financial support and strategic guidance, facilitating the path from idea to market.

Funding Structure

The EIC Accelerator provides a unique combination of funding mechanisms, consisting of grants and equity investments. The financial support can reach up to €2.5 million in grants, aimed at covering the costs associated with project development, such as prototyping, testing, and market entry. In addition, the program offers equity investments, which can go up to €15 million until 2024 and €10 million from 2025 onwards. This dual funding approach is designed to cater to various stages of company growth and innovation, enabling recipients to leverage both grant funding for immediate project needs and equity financing for long-term scaling.

Purpose and Role in the Ecosystem

The EIC Accelerator plays a crucial role in the European DeepTech and startup ecosystem by providing essential funding and support to innovative companies that may struggle to attract private investment due to the inherent risks associated with their technologies. By backing these high-potential ventures, the EIC Accelerator not only stimulates innovation but also fosters economic growth and job creation across Europe. Furthermore, the program aids companies in showcasing their potential to private investors, thereby increasing their chances of securing additional funding.

Case Study: QuantPi GmbH

Company Overview

QuantPi GmbH, based in Germany, has emerged as a significant player in the realm of risk management for generative AI systems. The company recently secured funding through the EIC Accelerator for their project, known as QuantPi.

Project Description

QuantPi represents the first automated risk management platform tailored for generative AI systems. This groundbreaking project is designed to ensure safety, fairness, and explainability within AI frameworks, while also providing continuous monitoring capabilities. The goal of QuantPi is to address the growing concerns surrounding the ethical implications of AI, particularly in terms of bias, transparency, and reliability.

Technology Basics and Background

The technology underpinning QuantPi integrates advanced risk assessment algorithms with machine learning techniques to analyze generative AI systems comprehensively. Generative AI, while offering transformative capabilities, poses unique challenges related to the unpredictability of outputs and the potential for unintended consequences. QuantPi’s platform focuses on automating the monitoring processes that are traditionally manual and time-consuming, thereby enhancing operational efficiency and effectiveness.

The platform employs a multi-faceted approach to risk management, incorporating metrics that assess various dimensions of AI outputs, including safety (ensuring outputs do not cause harm), fairness (eliminating biases that may arise from training data), and explainability (making AI decisions understandable to users). Continuous monitoring is facilitated through real-time analytics, allowing for quick adjustments and interventions as needed.

QuantPi’s automated risk management system is pivotal in promoting trust in generative AI technologies, essential for their widespread adoption across various industries such as finance, healthcare, and autonomous systems. By providing organizations with the tools to manage risks effectively, QuantPi aids in mitigating fears surrounding AI deployment and fosters an environment conducive to innovation.

Conclusion

The EIC Accelerator program exemplifies a robust support system for high-potential startups like QuantPi GmbH, enabling them to tackle complex challenges in the AI landscape. Through its unique funding structure and strategic backing, the EIC Accelerator not only champions innovation but also plays an instrumental role in shaping the future of technology in Europe. QuantPi’s project stands as a testament to the program's effectiveness in nurturing groundbreaking solutions that promise to enhance the safety and integrity of generative AI systems.

2 The Funding Rounds

QuantPi GmbH: Financing and Funding Overview Since EIC Accelerator Award

QuantPi GmbH, based in Saarbrücken, Germany, is a deep tech startup specializing in AI Trust Management. The company participated in the June 21, 2023 cut-off for the EIC Accelerator and later secured funding as part of this highly competitive EU innovation program.

Financing Raised

• As of February 2024, QuantPi has raised at least €5 million in total funding.
• This includes a €2.5 million pre-seed round (announced October 2022) and a €2.5 million grant from the European Innovation Council (EIC) following their successful Step 3 interview after the June 2023 call.

Funding Rounds: Timing and Amounts

Date	Round Type	Amount	Lead/Notable Investors
Oct 7, 2022	Pre-seed	€2.5 million	Capnamic (lead), First Momentum, AngelList Founder Ash Fontana; Ex-Codecentric CEO Mirko Novaovic; other business angels
Feb 6, 2024†	Grant	€2.5 million	European Innovation Council (EIC)

</em>The EIC grant was awarded as part of results announced after the June 21st cut-off date in 2023. †The official announcement was published on Feb. 6th but relates to application timing from mid-2023.

Investor Information

Pre-seed round investors included:

• Capnamic Ventures (lead)
• First Momentum
• AngelList Founder Ash Fontana
• Ex-Codecentric CEO Mirko Novaovic
• Additional top-tier angel investors

EIC Accelerator Grant:
Awarded by the European Innovation Council under Horizon Europe’s deep-tech support programs to foster responsible AI technologies. The most common form of EIC financing is “blended finance,” but QuantPi publicly confirmed receiving a grant component; further equity details have not been disclosed.

Company Valuations

No public valuation figures are available for QuantPi following these rounds or since receiving EIC Accelerator funds as of May 2025.

Estimates from third-party data providers suggest revenue approximates $3.2M annually with no published company valuation or post-money figures tied to recent investments or grants.

Exit Events: IPOs & Acquisitions

As of May 2025:

• There are no publicly reported exit events such as IPOs or acquisitions involving QuantPi.
• No buyout activity has been disclosed since their last known fundraising event.

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Summary Table: Funding Rounds Since Founding

Round	Date	Amount	Lead Investors / Source
Pre-seed	Oct 7, 2022	€2.5M	Capnamic Ventures et al.
EIC Grant	Jun–Feb (awarded Feb 6, 2024)	€2.5M	European Innovation Council

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QuantPi continues its growth trajectory with significant public backing via EU innovation programs and notable early-stage VCs focused on trustworthy AI technology development.

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Sources: - EIT Climate KIC – QuantPi profile

• QuantPi secures EU funding for Generative AI
• EU Startups coverage on pre-seed round
• Strata.team – June 23 EIC Accelerator Winners
• Growjo Estimations – Revenue & Valuation
• Seedtable Company Profile

3 The Press Releases

QuantPi GmbH: Advancing Trustworthy AI with EIC Accelerator Funding QuantPi GmbH, a Saarbrücken-based AI trust management startup and CISPA-Helmholtz Center spin-off, secured €2.5 million in February 2024 through the European Innovation Council (EIC) Accelerator program. This funding supports its mission to operationalize ethical AI governance frameworks aligned with the EU AI Act and Sustainable Development Goals (SDGs).

Core Technology and Applications

The company’s AI Trust Platform focuses on automated risk assessments for generative AI systems, addressing safety, fairness, and explainability gaps. Key advancements include:

• Model-Agnostic Testing Engine: Validates any AI/ML system’s compliance with regulatory or organizational guidelines at scale.
• Risk Management Automation: Streamlines procurement processes by enabling buyers to assess third-party AI tools for ethical risks.
• Regulatory Alignment: Translates EU AI Act requirements into actionable testing protocols to mitigate legal liabilities for enterprises.

Strategic Impact of EIC Funding

The grant accelerates development of Europe’s first automated platform specifically targeting generative AI risks. Philipp Adamidis, CEO, emphasized its role in balancing innovation speed with responsible deployment: “This enables society to harness AI safely without slowing progress”. The funds will expand QuantPi’s team and enhance its proprietary testing infrastructure.

Recent Developments (Post-2023 Award)

While QuantPi previously received a 2022 pre-seed round for transparency solutions in traditional AI systems, the 2024 EIC grant specifically targets generative AI challenges like hallucination mitigation and bias detection—a direct response to growing regulatory scrutiny post-ChatGPT. No new partnerships or patents were explicitly announced in available materials; however, their work directly supports compliance efforts across industries adopting large language models.

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Sources

• QuantPi secures €2.5 Million EU Funding
• Company Profile at Viva Technology
• Helmholtz News Update on Pre-Seed Round

4 The Technology Advancements

QuantPi GmbH: Advancements in Trustworthy AI Since EIC Accelerator Funding

QuantPi GmbH, a German AI trust management startup, received €2.5 million in February 2024 from the European Innovation Council (EIC) to develop its automated risk management platform for generative AI systems. While the specific cut-off date mentioned (June 21, 2023) does not align with publicly reported timelines for this grant cycle, QuantPi’s post-funding trajectory focuses on enhancing its core technology and expanding market reach.

Current Capabilities

QuantPi’s proprietary AI Trust Platform enables organizations to validate AI systems across multiple risk dimensions, including bias detection, robustness testing, and compliance alignment. The platform supports diverse AI types—LLMs, computer vision agents, and classical machine learning—through model-agnostic testing engines that accelerate validation processes while ensuring transparency. Key features include pre-built dashboards for performance monitoring and frameworks for translating regulatory requirements into testable criteria.

Post-Funding Advancements

Since securing EIC funding in early 2024:

• Technology Development: The company is refining its automated risk management tools specifically for generative AI systems to address safety, fairness, and explainability challenges. This includes scaling testing methodologies to accommodate dynamic regulatory landscapes like the EU AI Act.
• Market Demonstrations: QuantPi emphasizes operationalizing compliance frameworks but has not disclosed specific customer pilots or demonstrators post-grant. Its existing client base likely benefits from enhanced testing capabilities tied to the EIC-funded upgrades.
• Research Contributions: QuantPi actively collaborates with academic partners on standardization initiatives like Germany’s AI Standardization Roadmap 2.0, though no new whitepapers or patents have been explicitly announced since February 2024.

Strategic Outlook

The EIC grant accelerates QuantPi’s goal of bridging regulatory requirements with practical tooling for enterprises adopting generative AI. CEO Philipp Adamidis highlights a focus on “safe and responsible use of AI without slowing progress,” indicating alignment with EU ethical guidelines. While clinical trials are irrelevant to their domain-specific solutions (focused on software validation), their research-driven approach ensures continuous updates to meet evolving industry standards.

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Sources

• QuantPi secures €2.5 Million EU Funding
• AI Standardization Roadmap
• Company Overview

5 The Partnerships and Customers

QuantPi GmbH: A Leader in Trustworthy AI

QuantPi GmbH, a German company, has been at the forefront of developing trustworthy AI solutions, particularly after receiving significant funding from the European Innovation Council (EIC) in June 2023. This EIC Accelerator funding is crucial for enhancing QuantPi's technology and reinforcing its position in the market.

Partnerships and Customers

QuantPi emphasizes collaboration through its partner program, which is designed to be reliable, inclusive, profitable, and predictable. While specific names of customers or partners are not explicitly listed, QuantPi positions itself as a key player in AI trust and risk management. This involves working with diverse stakeholders across industries, such as financial and healthcare sectors, where the pressure to ensure AI trustworthiness is high.

New Partners and Customers

As of now, there are no publicly disclosed names of new partners or customers. However, QuantPi's focus on building partnerships is part of its growth strategy, aiming to leverage its technology alongside the expertise of potential partners to serve joint customers effectively.

Nature of New Relationships

New relationships for QuantPi GmbH are centered around driving innovation and success through collaborative projects. These partnerships are crucial for enhancing AI trust and governance, ensuring that AI transformations are secure, trustworthy, and unlock unparalleled success and impact.

Market Positioning

QuantPi's new relationships will position the company as a leader in the AI trust management space. By focusing on scalable and quantifiable AI testing, QuantPi helps organizations navigate complex AI landscapes, ensuring compliance with evolving regulations like the EU AI Act.

Technology Advancements and Scaling

QuantPi's partnerships and funding will accelerate its technology advancements, particularly in developing the world-leading XAI technology, PiCrystal. This technology enhances explainability, allowing organizations to bring transparency to AI decisions and mitigate risks associated with AI solutions. The EIC funding will also support the development of an automated risk management platform for generative AI, enabling providers to apply the highest ethical standards to their products.

Future Outlook

With its comprehensive AI Trust Platform and strategic partnerships, QuantPi is poised to scale its operations effectively. The company's commitment to sustainable development goals (SDGs) and EU regulations will further solidify its reputation as a pioneer in trustworthy AI, driving positive impacts and enabling responsible AI innovation at scale.

Sources

• Become a Partner of QuantPi
• QuantPi: Technologists of Trust
• EU Investment Boosts QuantPi's Mission for Trustworthy AI
• QuantPi: Why We Believe in This First Mover in Responsible AI
• QuantPi Secures €2.5 Million EU Funding for Enabling Trustworthy Generative AI

6 The Hiring and Company Growth

QuantPi GmbH, a German startup specializing in trustworthy AI solutions, has been making significant strides in the AI industry since receiving EIC Accelerator funding in June 2023. Here are some key details about the company:

Hiring and Team Growth

QuantPi has not publicly disclosed its current headcount or team size. However, it is known for having a diverse team with over 10 nationalities and 7 PhDs, indicating a robust research and development setup.

Current Hiring Status

There is no specific information available on whether QuantPi is currently hiring. However, the company's focus on advancing AI responsibly suggests ongoing growth and innovation efforts.

Growth

QuantPi has grown significantly since its founding in 2020, emerging from the CISPA-Helmholtz Center for Information Security and Saarland University. Its growth is also supported by funding like the €2.5 million raised in 2022 for its Responsible AI platform.

Key Positions and New Team Members

While specific details about recently hired key positions are not available, QuantPi's team includes industry experts, researchers, and visionaries. The addition of new team members likely supports the company's mission to scale its AI testing platform and ensure high-quality AI adoption.

Impact of New Team Members

New team members contribute to QuantPi's ability to scale and grow by enhancing the company's AI testing capabilities, fostering trust in AI systems, and aligning with regulatory demands like the EU's Artificial Intelligence Act.

Management and Founding Team Changes

There are no recent reports of major changes in QuantPi's management or founding team. The company remains committed to its vision of enabling society for a safe and self-determined existence with intelligent machines.

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Sources: - QuantPi: Technologists of Trust

• Research Hub - QuantPi
• German startup QuantPi picks up €2.5 million to build a more responsible future for AI
• 25 Top startups in Saarbrucken for April 2025
• Technologists of Trust - QuantPi

7 The Media Features and Publications

QuantPi GmbH: Media Presence and Public Engagements Since EIC Accelerator Funding

QuantPi GmbH, a German AI Trust Management company and EIC Accelerator grant recipient, has actively engaged in media features, publications, events, and thought leadership initiatives. Below is a detailed overview of their public activities post-funding:

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Media Features & Publications

• EU Funding Announcement (2024): Multiple outlets covered QuantPi’s €2.5 million grant from the European Innovation Council (EIC) to develop safeguards for generative AI systems. The funding aims to operationalize EU AI Act compliance through automated risk management tools.
• Startup Coverage: EU-Startups highlighted QuantPi’s 2022 seed funding round of €2.5 million for its Responsible AI platform, while Capnamic emphasized its role as a first mover in explainable AI (XAI) with proprietary technology like PiCrystal.
• Industry Webinars & Case Studies: QuantPi’s resources include webinars on auditing AI systems, case studies like their collaboration with KONUX for accelerated AI testing, and contributions to Germany’s AI Standardization Roadmap 2.0.

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Podcasts & Interviews

Startup Insider Podcast (2022): CEO Philipp Adamidis discussed QuantPi’s mission to build Responsible AI solutions in an interview detailing their early-stage challenges and technological differentiation.

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Conference Participation & Events

• Responsible AI Summit 2025: QuantPi announced an event series in Berlin and Frankfurt focusing on governance, compliance, and quality assurance for enterprise AI deployments. Sessions feature speakers from BioNTech SE, NVIDIA, TÜV SÜD, and the Bundesamt für Sicherheit in der Informationstechnik (BSI).
• Workshops & Collaborations: The company regularly hosts webinars on topics like ethical alignment of generative AI and navigating the EU AI Act using its “Starter Pack” compliance tools.

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Sources

• QuantPi secures €2.5 Million EU Funding
• EU investment boosts QuantPi's mission

+ German startup raises €2.5M for Responsible AI + Capnamic's investment rationale (Note: Original URL contains typo; corrected link not available) → Use: https://capnamic.com/post/quantpi... (archived) or primary source https://www.capnamic.com/portfolio/ (approximate) → Recommend citing only verified sources above instead due to ambiguity. + Verified direct sources from QuantPI:

• Content Library – Includes case studies/KONUX partnership details + webinar listings.
• Events Page – Summit 2025 agenda/speakers.

+ Startup Insider Podcast #1415 – Interview with Philipp Adamidis (Oct 17, 2022).

(Note: Post-EIC Accelerator win announcements focus on February–March 2024; specific conferences between June 2023–present are not explicitly listed beyond the March 2025 summit.)