1 The EIC Accelerator Project

EIC Accelerator Program Overview

The EIC Accelerator is a funding initiative under the European Innovation Council (EIC) designed to support small and medium-sized enterprises (SMEs) and startups in developing high-impact innovations. This program aims to foster the growth and scaling of deep-tech projects that have the potential to transform industries and address pressing societal challenges. The EIC Accelerator provides blended finance, combining grants and equity investments to help these companies navigate the often-challenging phases of innovation and commercialization.

Funding Structure

Under the EIC Accelerator framework, companies can receive a grant of up to €2.5 million, which is intended to cover costs related to innovation activities, such as product development, testing, and market entry. This grant is particularly beneficial for early-stage companies that require financial support to validate their technologies and bring their products to market.

In addition to grants, the EIC Accelerator offers equity investments. Until 2024, this funding can reach up to €15 million, while from 2025 onwards, the maximum equity support will be capped at €10 million. The equity component is critical as it allows companies to secure substantial capital without the immediate pressure of repayment, thus enabling them to focus on scaling their business and achieving market traction.

Purpose in the DeepTech and Startup Ecosystem

The EIC Accelerator plays a pivotal role in the European startup ecosystem, particularly in the DeepTech sector, which encompasses advanced technologies with a strong scientific or engineering basis. The program aims to bridge the funding gap that often exists for innovative companies, particularly in the early stages where traditional investors may be hesitant to commit resources. By providing both grant funding and equity investment, the EIC Accelerator encourages private investment and supports companies in attracting additional funding from venture capital and other private sector sources.

Support for Scaling and Funding Acquisition

The EIC Accelerator not only provides financial resources but also offers strategic guidance and mentoring. This support is crucial for companies as they navigate the complexities of scaling their innovations. The program facilitates connections with potential investors, industry experts, and partners, enhancing the probability of successful market entry and growth. By empowering companies to secure private funding, the EIC Accelerator significantly contributes to the overall sustainability and competitiveness of the European innovation landscape.

EIC Accelerator Winner: STIL B.V. and the STABILIS Project

STIL B.V., a notable winner of the EIC Accelerator, focuses on developing innovative solutions for patients suffering from tremors, particularly essential tremor and Parkinson’s disease. The project, titled STABILIS, received funding under the blended finance model, aligning with the program's objectives of supporting impactful innovations in healthcare.

Project STABILIS Overview

The STABILIS project aims to provide relief for tremor patients through the development of a wearable device that stabilizes the hands, thereby improving the quality of life for individuals affected by tremors. The technology leverages advanced sensors and adaptive algorithms to detect tremors in real-time and counteract them by adjusting the device's response.

Technology Background and Basics

The STABILIS device integrates sophisticated motion-sensing technology that identifies involuntary movements characteristic of tremors. The device employs a combination of gyroscopic and accelerometric sensors to monitor the user’s hand position and movements continuously. The data collected is processed through advanced algorithms that determine the amplitude and frequency of the tremors.

Once the tremors are detected, the device activates motors that apply counteracting forces, effectively stabilizing the hand. This innovative approach not only alleviates the physical symptoms associated with tremors but also empowers users to perform everyday tasks with greater ease and confidence, thereby enhancing their overall independence.

In summary, the STABILIS project represents a significant advancement in assistive technologies for tremor patients, embodying the EIC Accelerator's mission to foster innovation that addresses real-world challenges. With the support from the EIC, STIL B.V. is well-positioned to scale its operations and make a meaningful impact on the lives of millions affected by tremors globally.

2 The Funding Rounds

Financing Raised and Funding Rounds

STIL B.V., based in the Netherlands, is a deep-tech company developing medical technology solutions to suppress tremors. In January 2023, STIL B.V. was selected as a winner of the EIC Accelerator funding program from the European Innovation Council (EIC), following their successful Step 2 submission on January 11, 2023. The EIC Accelerator provides substantial financial support through grants, equity investments via the EIC Fund, or blended finance (a combination of both).

For the January 2023 cut-off:

• A total budget of almost €196 million was distributed among 32 companies.
• Over half (53%) of awarded projects received blended finance—grant combined with equity investment.
• The average funding per company for this call can be estimated at approximately €6 million. However, specific amounts per company are not publicly disclosed by name.

Public sources confirm that STIL B.V. was one of only three Dutch companies awarded in this round and likely received blended financing—a mix typical for high-potential health tech startups under EIC Accelerator guidelines.

Timing and Amounts

• Funding Announcement: Results were published shortly after the January 11, 2023 cut-off; funds are typically disbursed within months following due diligence and grant agreement procedures.
• Amount Raised: While individual award amounts are not explicitly listed for each recipient in public records, winners generally receive up to €2.5 million in non-dilutive grants plus an additional equity investment that can bring total possible support up to €15 million or more depending on project scope and capital needs.

Investor Information

The principal investor involved is the EIC Fund, established by the European Commission to invest directly into breakthrough startups selected under its Accelerator program. This fund acts as a public investor providing both grant money and direct equity stakes.

No other external investors beyond those related to EIC’s own mechanism have been disclosed for this round regarding STIL B.V..

Company Valuations

There is no publicly available information specifying post-money valuations or valuation changes resulting from this funding round for STIL B.V.. Valuations under EIC Fund investments vary depending on negotiations during due diligence but often align with market standards for early-stage deep-tech ventures.

Exit Events: IPOs or Acquisitions

As of May 2025:

• There have been no reported exit events such as an initial public offering (IPO) or acquisition involving STIL B.V..
• The company remains privately held with continued operations focused on scaling their tremor-suppression technology.

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Summary Table: Key Funding Information

Aspect	Details
Main Public Funding	EIC Accelerator (Jan ‘23 cutoff)
Type	Likely Blended Finance (Grant + Equity via EIC Fund)
Estimated Timing	Awarded Q1/Q2 2023
Estimated Amount	Up to €2.5M grant + additional equity
Principal Investor	European Innovation Council Fund
Other Investors	Not publicly disclosed
Valuation	Not publicly available
Exit Events	None reported

</em>Exact figures per recipient are confidential; industry averages applied.

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Sources

• EIC Accelerator-January 11 Cut-Off
• EIC accelerator winners & statistics Jan. ’23 – Strata.team
• STIL company information – Dealroom.co
• Stil B.V. profile – Creditsafe
• European Innovation Council - October ’23 update

3 The Press Releases

STIL B.V.: Innovations and Developments

STIL B.V., a Netherlands-based company, received funding from the European Innovation Council (EIC) Accelerator in January 2023. This funding supported STIL's mission to provide relief for tremor patients through innovative wearable technology.

Background and Technology

STIL was founded after IJsbrand de Lange's graduation project at the Technical University of Delft in 2016, where he investigated the possibility of suppressing tremors mechanically. The company has since developed a unique anti-tremor orthosis that redirects biomechanical forces from the hand to the upper arm, allowing patients to perform daily tasks like eating and drinking independently. This device incorporates specialized dampers that resist high-frequency oscillatory movements while allowing intentional movement, making it a groundbreaking solution for tremor patients.

Partnerships and Collaborations

STIL has partnered with several organizations to advance its technology, including ACE Stoßdämpfer GmbH from Germany for the development of customized damping solutions. Additionally, STIL works closely with EIT Health, Rabobank, Reiner de Graaf Hospital, and the Dutch Brain Foundation to support clinical testing and product development.

Team Updates

The STIL team combines expertise in business development, engineering, clinical research, and industrial design. IJsbrand de Lange and Nicola Pambakian, the Chief Technology Officer, have been instrumental in continuously improving the construction of their invention, leveraging technologies like CAD and 3D printing.

Press Releases and Updates

While specific press releases on STIL's website or social media accounts are not detailed, the company's advancements in wearable technology have garnered attention. The collaboration with ACE for customized dampers and participation in international projects like Eurostars highlight STIL's commitment to innovation.

Patents and Intellectual Property

STIL's orthosis features a patented design that allows full range of motion in the arm while effectively suppressing tremors. This unique technology has been recognized through various awards and collaborations, underscoring its potential impact on healthcare.

Sources: - STIL B.V. Team

• Stabilizing the hands of Parkinson's patients
• EIC Accelerator winners and statistics January 2023

4 The Technology Advancements

STIL B.V. Post-EIC Accelerator Funding Advancements STIL B.V., a Netherlands-based company specializing in wearable technology for tremor management, was awarded EIC Accelerator funding in January 2023. While publicly available details about their post-funding progress are limited based on the provided sources, here is a synthesis of their capabilities and potential trajectory:

Core Technology

STIL B.V.’s flagship product, Stabilis, focuses on providing relief for patients with tremors through wearable devices. The technology likely employs sensor-based motion stabilization or neuromuscular modulation to reduce involuntary movements, though specific technical specifications are not detailed in the accessible materials[^strata].

Post-Funding Developments

No explicit updates regarding technological improvements, new features, market demonstrations (e.g., pilots or clinical trials), or IP filings (patents/studies) were identified in the provided search results. However, EIC Accelerator funding typically supports:

• R&D acceleration: Refining product design and testing protocols.
• Market validation: Pilots with healthcare providers or patient groups.
• Regulatory compliance: Preparing for CE marking or FDA clearance if targeting medical device classification.

Strategic Context

The absence of recent public updates may indicate either non-disclosure due to proprietary concerns or ongoing development phases common in deep-tech sectors. The company’s focus aligns with broader trends in wearable health tech integration with AI/IoT[^arxiv], though direct linkages remain speculative without explicit data.

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Sources

• EIC Accelerator winners and statistics January 2023 - Strata
• The Evolution of Wearable Technology - arXiv

Note: STIL B.V.’s website (stilwearable.com) was not directly accessible via the provided sources.

5 The Partnerships and Customers

STIL B.V. Partnerships and Strategic Relationships Post-EIC Accelerator Funding

STIL B.V., a Dutch medtech company developing wearable anti-tremor devices for Parkinson’s and Essential Tremor patients, has strategically partnered with ACE Stoßdämpfer GmbH (a German damping solutions specialist under Stabilus) to co-develop its orthosis technology. This collaboration focuses on integrating ACE’s rotary dampers into STIL’s medical brace to achieve precise vibration control essential for tremor suppression.

• Key Partnership:
• ACE Stoßdämpfer GmbH: Jointly engineered custom dampers tailored to STIL’s requirements, including size constraints, durability, and patient-centric design. The partnership emphasizes local support through ACE’s Benelux sales engineers (e.g., Han Titulaer) while leveraging Stabilus’ global manufacturing expertise.
• Dutch Brain Foundation: Endorsed clinical testing and provided credibility for patient-focused innovation.
• Market Positioning:

STIL aims to establish itself as a leader in non-pharmacological tremor management by combining biomechanical engineering with patient usability. Its alliance with ACE enhances technical reliability, while clinical validation aligns with regulatory pathways for medical device commercialization in the EU.

Technological Advancements:

The collaboration addresses critical engineering challenges:

• Miniaturizing damping components without sacrificing performance.
• Ensuring long-term wearability and comfort through iterative prototyping.
• Leveraging ACE’s expertise in industrial vibration control for medical applications.
• Scaling Strategy:

EIC Accelerator funds will accelerate clinical trials, refine product design, and expand market entry efforts across Europe. The partnership model reduces R&D risks by outsourcing specialized engineering tasks to established industrial players like ACE.

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Sources

• Stabilizing the hands of Parkinson's patients: A collaborative journey between Stil and ACE
• STIL - Health Innovations

6 The Hiring and Company Growth

STIL B.V. Post-EIC Accelerator Funding: Team Growth and Strategic Scaling STIL B.V., a Netherlands-based company specializing in wearable technology (as inferred from the domain stilwearable.com), secured EIC Accelerator funding in January 2023. While specific details about its current headcount, hiring status, or growth metrics are not publicly disclosed based on available data, insights can be drawn from general practices among EIC-funded startups and Dutch corporate frameworks.

Hiring and Team Expansion

EIC Accelerator recipients typically prioritize scaling operations post-funding, focusing on R&D, manufacturing, and commercialization. For STIL B.V., this likely involves expanding technical teams (e.g., engineers specializing in wearable tech) and operational roles (e.g., supply chain managers). The lack of public job postings or headcount data suggests recruitment may occur through targeted channels or remain confidential during product development phases.

Management and Key Hires

No information is available regarding management changes or recent leadership appointments at STIL B.V. However, EIC-funded companies often recruit experienced executives to oversee scaling efforts—such as Chief Technology Officers for product innovation or Business Development Managers for market expansion—to align with grant objectives[^general].

Growth Trajectory Post-Funding

The EIC Accelerator’s non-dilutive funding enables startups like STIL B.V. to accelerate prototyping, regulatory compliance processes (e.g., CE certification for wearables), and market entry strategies without immediate equity loss. This positions them to attract follow-on investments or partnerships with industry leaders in healthcare or consumer electronics sectors[^general].

Future Implications of Team Scaling

Expanding teams would allow STIL B.V. to:

• Enhance R&D output, critical for iterative design improvements in wearables.
• Strengthen supply chain logistics, particularly if leveraging Dutch infrastructure like the Port of Rotterdam for global distribution.
• Pursue international certifications, supported by specialized regulatory affairs hires familiar with EU/US markets[^general].

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Sources

• Private limited company (bv) regulations - Business.gov.nl
• Doing business in the Netherlands - Lentink Accountants

Note: Specific details about STIL B.V.’s operations were unavailable; insights are generalized based on standard practices for EIC Accelerator winners.

7 The Media Features and Publications

STIL B.V.: A Dutch Innovator in Anti-Tremor Technology

STIL B.V., a Netherlands-based company, has made significant strides in developing innovative medical devices, particularly in the field of tremor suppression. Since receiving the EIC Accelerator funding in January 2023, STIL has continued to expand its reach and visibility.

Media Features and Publications

• Essential Tremor Suppression with a Novel Anti-Tremor Orthosis: This study highlights STIL's contribution to creating a non-invasive device designed to reduce tremors by damping wrist flexion, demonstrating its commitment to improving the quality of life for individuals with essential tremors.
• Stabilizing the Hands of Parkinson's Patients: STIL is featured for its collaborative efforts with partners like ACE in developing anti-tremor orthoses. The company's journey began with a vision inspired by a Michael J. Fox Foundation video about Parkinson's disease, leading to significant advancements in biomechanical devices.

Content from Publications

Publications have highlighted STIL's innovative approach to tremor suppression and its partnerships with major entities like the Reinier de Graaf Hospital and the Dutch Brain Foundation.

Podcasts and Interviews

There is limited information available on specific podcasts or interviews featuring STIL's team. However, the company's CEO, IJsbrand de Lange, and other team members have been involved in explaining their vision and partnerships through media outlets.

Conference and Fair Visits

STIL has participated in various collaborative projects and partnerships, including an Eurostars project with Fraunhofer IBMT, indicating its involvement in international innovation events. However, specific details on recent conference visits or presentations are not readily available.

Involvement in Events

STIL's involvement in events primarily revolves around its partnerships and the development of its anti-tremor technology. The company is set to launch its orthosis on the Dutch healthcare market, with plans for expansion to other European markets starting with Germany in 2024.

Sources:

• Essential Tremor Suppression with a Novel Anti-Tremor Orthosis
• Stabilizing the hands of Parkinson's patients: A collaborative journey between Stil and ACE
• STIL - Home