1 The EIC Accelerator Project
EIC Accelerator Program Overview
The EIC (European Innovation Council) Accelerator program is a strategic initiative designed to support startups and SMEs in Europe, particularly those involved in deep tech innovations. The program provides funding and support to scale high-risk, high-potential innovations that can significantly impact the market and society. The EIC Accelerator combines grant funding and equity investment, allowing innovative companies to harness financial resources necessary for growth and development.
Funding Structure
The EIC Accelerator funding is structured as blended finance, which combines grant funding and equity investment. The grant component can provide up to €2.5 million, which is intended to support the early-stage development of innovative projects. This funding can be utilized for various purposes, including prototyping, testing, and scaling of technologies.
In addition to the grant, the program offers equity funding that has varied over the years. Until 2024, companies can receive equity investments of up to €15 million, aimed at helping them scale operations, commercialize products, and attract further private investment. Starting in 2025, this equity funding will decrease to a maximum of €10 million. This dual funding structure enables startups to have a comprehensive financial safety net, allowing them to focus on innovation and market entry without the immediate pressure of profitability.
Purpose in the Ecosystem
The EIC Accelerator plays a crucial role in the European deep tech and startup ecosystem by providing essential resources to companies that are ready to innovate at scale. The program aims to bridge the gap between innovative ideas and market-ready products, addressing the funding challenges that many startups face. By facilitating access to both grants and equity, the EIC Accelerator encourages collaboration between public and private sectors, ultimately aiming to enhance the competitiveness of European industries on a global scale.
Role in Scaling and Funding
The EIC Accelerator is instrumental in helping companies scale by providing not only financial resources but also strategic guidance and networking opportunities. The program connects successful applicants with investors, industry experts, and potential partners, enhancing their visibility and credibility in the market. This support is crucial for attracting private sector funding, as investors often seek out companies that have already received backing from reputable public funding programs.
Case Study: Nobula3D AB and the NOBULA Project
Company Overview
Nobula3D AB, based in Sweden, is a pioneering company at the forefront of additive manufacturing technology. The company focuses on breaking barriers in 3D printing, particularly in the realm of glass manufacturing. Their project, acronymed NOBULA, aims to revolutionize the field through innovative laser-assisted glass 3D printing techniques.
Project Description
The NOBULA project is specifically designed to overcome the limitations traditionally associated with glass 3D printing. Conventional methods have struggled with issues such as material brittleness and structural integrity. By employing laser-assisted technology, Nobula3D aims to enhance the properties of glass materials, enabling the production of complex geometries and customized designs that were previously unattainable.
Technology Basics
The core technology behind NOBULA involves a sophisticated laser system that interacts with glass materials during the 3D printing process. This approach allows for precise control over the material properties, enabling the production of glass objects that retain clarity and strength while being intricately designed. The use of lasers also allows for faster printing speeds and reduced waste, making the process more efficient and sustainable.
The background of this technology stems from advancements in both laser processing and additive manufacturing techniques. By merging these two fields, Nobula3D is positioned to set a new standard in the glass manufacturing industry, offering solutions that cater to various applications, including architecture, art, and consumer products.
Funding Journey
Nobula3D submitted its Step 2 proposal for the EIC Accelerator on January 11, 2023. Following a successful evaluation, the company progressed to the Step 3 interview, where they secured funding through the program. The financial support received is aimed at accelerating the development and commercialization of their groundbreaking technology, ensuring that they can effectively bring their innovative solutions to market.
Conclusion
The EIC Accelerator program represents a vital mechanism for fostering innovation within the European startup ecosystem. Companies like Nobula3D AB exemplify how targeted funding and support can empower entrepreneurs to break new ground in their industries, addressing significant challenges and driving technological advancements. Through initiatives like the NOBULA project, the EIC Accelerator not only facilitates financial growth but also enhances Europe's position as a leader in deep tech innovation.
2 The Funding Rounds
Nobula3D AB: Funding and Investment Profile Since EIC Accelerator Award
Company: Nobula3D AB
Country: Sweden
EIC Accelerator Submission Cut-off: 11 January 2023
Financing Raised
Nobula3D AB was selected as a recipient of EIC Accelerator blended finance in the January 2023 cut-off. Blended finance under the EIC Accelerator typically includes a grant component (up to €2.5 million) combined with an equity investment (potentially up to €15 million through the EIC Fund), though exact amounts per company are not always publicly disclosed at the time of award. The total budget for all awarded companies in that round was approximately €195.8 million, with most recipients—including Nobula3D—requesting blended finance, which combines both equity and grant funding.
Funding Rounds
- EIC Accelerator (January 2023):
- Type: Blended Finance (grant plus equity)
- Status: Selected for funding subject to finalization of grant agreement
- No public records indicate subsequent or prior formal venture rounds, such as Seed, Series A/B/C, or additional institutional fundraising since receiving the EIC award.
Timing and Amount of Funding Rounds
- EIC Accelerator Decision Date: Selection announced after Step 3 interviews following submission on January 11, 2023
- Funding Disbursement: Typically, grants are disbursed within several months post-selection pending completion of legal agreements; equity transactions via the EIC Fund can take longer due to due diligence processes.
- Awarded Amounts: While specific figures per company remain undisclosed for this cohort, standard ranges are:
- Grant: Up to €2.5 million
- Equity investment via EIC Fund: Up to €15 million
Investor Information
- The primary investor is:
- European Innovation Council Fund (EIC Fund)
- The fund manages both direct equity investments and catalyzes co-investment from third parties.
- No further external investors have been reported in connection with any new funding rounds since January 2023.
Additional Information Related to Funding Rounds
No reports have emerged regarding: - Company valuation changes,
- New material secondary/co-investments,
- Other forms of private capital injection post-EIC selection.
The only confirmed major event remains their successful application for blended financing from European sources via the Horizon Europe framework.
Company Valuations
There has been no publicly disclosed information about formal pre-money or post-money valuations for Nobula3D AB following its receipt of EIC Accelerator support. As is typical with early-stage deep-tech startups funded by public innovation funds such as the EIC Accelerator program, valuation details often remain private unless subsequent commercial rounds involve venture capitalists or other market actors who publish such data.
Exit Events: IPOs or Acquisitions/Buyouts
As of May 2025:
- There is no evidence that Nobula3D AB has pursued an exit event.
- No initial public offering (IPO)
- No acquisition/buyout activity reported
Summary Table – Key Events Since January 2023 Cut-Off:
Event | Date | Details |
---|---|---|
Selected for EU Blended Finance | Jan–Mar/Apr ‘23 | Grant + potential equity from European Innovation Council |
Public Venture Rounds Closed | None Reported | — |
Major Private Investors | Not disclosed | Aside from EU institutional/EU fund |
Exit Activity | None | — |
Sources
- EIC Accelerator-January 11 2023 Cut Off – Official List
- Strata.team – Winners & Statistics Jan 23
- South Australia Dealroom – Nobula profile
- European Innovation Council News – About Grants & Equity Terms
3 The Press Releases
Nobula3D AB: Post-EIC Accelerator Funding Developments Nobula3D AB, a Swedish deep-tech company, secured EIC Accelerator funding in January 2023 for its laser-assisted glass 3D printing technology, termed direct Glass laser deposition (DGLD™). The innovation enables additive manufacturing of complex glass parts at unprecedented resolutions while reducing costs and energy consumption by up to 9x compared to traditional methods.Recent Updates:
- Team Expansion: Nobula expanded its core team with four new members in early 2024.
- TechArena 2024 Participation: Nobula showcased its desktop glass 3D printer at TechArena in February 2024 as one of the "Stockholm Trio" spin-offs, highlighting networking and collaboration opportunities.
- Technology Advancements: Their printer produces intricate geometries critical for industries like life sciences and anti-counterfeiting, emphasizing affordability and energy efficiency.
No recent patents or partnerships are explicitly mentioned in available materials. Press releases on their website focus on team growth and event participation rather than technical milestones post-funding.
Sources:
- EIC Accelerator winners and statistics January 2023 - Strata.team
- Nobula at TechArena 2024
- Nobula – Evolution Europe Success Story
4 The Technology Advancements
Current Capabilities and Advancements of Nobula3D AB
Nobula3D AB, a Swedish startup based in Stockholm, has been at the forefront of innovative glass 3D printing technology. Their proprietary Direct Glass Laser Deposition (DGLD) technique enables the production of complex glass structures with unprecedented ease and efficiency, similar to printing plastics.
Current Capabilities
- Technology: Nobula's DGLD technology allows for the printing of glass objects at temperatures between 400°C to 2200°C. This process uses a laser to melt glass filaments, enabling the creation of intricate geometries without post-processing.
- Resolution and Speed: The printer achieves layer resolutions of 100 to 250 μm and printing speeds of 5 to 200 mm/min. It can produce free-standing objects and supports variable infill densities.
- Applications: Nobula's technology has potential applications across multiple sectors, including medical, optics, aerospace, and art. Their innovative multi-component filaments open up diverse applications.
Advancements Since EIC Accelerator Funding
Since receiving the EIC Accelerator funding in January 2023, Nobula3D AB has made significant strides:
- Investment and Partnerships: Nobula has secured over 55 million SEK in investments from prestigious organizations such as the European Innovation Council (EIC), venture capitalists, business angels, KTH Holding, and the Sting incubator. They are engaged in over 20 active projects with top-tier industrial and academic partners.
- Scaling and Expansion: The company is in the process of scaling, with a focus on expanding the potential applications of glass 3D printing across various sectors such as life sciences and optics.
- Market Demonstration: Nobula showcased their technology at TechArena 2024, highlighting the future of additive manufacturing and engaging in networking opportunities for future collaborations.
Technology Improvements and New Features
While specific new features or improvements in technology have not been detailed, Nobula continues to refine their DGLD technology to enhance glass printing capabilities. Their focus on sustainability and customizability aims to revolutionize traditional glass fabrication processes, making them more affordable and energy-efficient.
Patents, Studies, and Trials
As of now, there is no publicly available information on new patents filed, scientific studies published, or clinical trials conducted by Nobula3D AB since receiving the EIC funding. However, their ongoing projects and investments suggest a strong commitment to advancing their technology and expanding its applications.
Sources
- Nobula - Glass 3D Printing made Fast, Affordable, and Energy-Efficient
- Swedish Startup Nobula3D Introduces Advanced Glass 3D Printing Method
- Lead Computer Vision Developer for Glass 3D Printing
- Nobula at TechArena 2024
- Lead Mechanical Engineer in Product Development – Nobula3D AB
- Nobula3D – Nobula
- Nobula3D - KTH Holding AB
- Unveiling the Latest EIC Accelerator Results
- EIC Accelerator 11 January Cut-Off
5 The Partnerships and Customers
Nobula3D AB: Expanding Horizons in Glass 3D Printing
Nobula3D AB, a Swedish company, has been at the forefront of glass 3D printing technology since its inception. Following its win in the EIC Accelerator funding in January 2023, Nobula3D has continued to innovate and expand its operations.
Partnerships and Customers
While specific names of new partners or customers are not publicly disclosed, Nobula3D's technology and service offerings suggest a strong potential for partnerships across various sectors. The company's Direct Glass Laser Deposition (DGLD) technology and Printing as a Service (PaaS) model provide opportunities for collaboration in industries such as aerospace, optics, and art.
New Partners and Customers
As of early 2024, Nobula3D expanded its core team with several new members, indicating a phase of growth and expansion. However, specific names of new partners or customers are not mentioned in available sources.
Nature of New Relationships
Nobula3D's new relationships are likely focused on leveraging its innovative glass 3D printing capabilities to enhance product design and manufacturing in various sectors. These partnerships could facilitate access to new markets and technologies, positioning Nobula3D as a leader in the rapidly evolving field of glass 3D printing.
Market Positioning
The establishment of new partnerships will further solidify Nobula3D's position in the market by expanding its reach across different industries. By collaborating with companies in fields such as aerospace and optics, Nobula3D can enhance its technology offerings and provide tailored solutionsassistant
Nobula3D AB: Expanding Horizons in Glass 3D Printing
Nobula3D AB, a Swedish company, has been at the forefront of glass 3D printing technology since its inception. Following its win in the EIC Accelerator funding in January 2023, Nobula3D has continued to innovate and expand its operations.
Partnerships and Customers
While specific names of new partners or customers are not publicly disclosed, Nobula3D's technology and service offerings suggest a strong potential for partnerships across various sectors. The company's Direct Glass Laser Deposition (DGLD) technology and Printing as a Service (PaaS) model provide opportunities for collaboration in industries such as aerospace, optics, and art.
New Partners and Customers
As of early 2024, Nobula3D expanded its core team with several new members, indicating a phase of growth and expansion. However, specific names of new partners or customers are not mentioned in available sources.
Nature of New Relationships
Nobula3D's new relationships are likely focused on leveraging its innovative glass 3D printing capabilities to enhance product design and manufacturing in various sectors. These partnerships could facilitate access to new markets and technologies, positioning Nobula3D as a leader in the rapidly evolving field of glass 3D printing.
Market Positioning
The establishment of new partnerships will further solidify Nobula3D's position in the market by expanding its reach across different industries. By collaborating with companies in fields such as aerospace and optics, Nobula3D can enhance its technology offerings and provide tailored solutions.
Technology Advancements and Scaling
Partnerships will play a crucial role in advancing Nobula3D's technology by potentially integrating new materials and manufacturing techniques. This could lead to more efficient production processes and the creation of complex glass structures with improved properties. Additionally, these collaborations can help Nobula3D scale its operations by accessing larger customer bases and leveraging partner networks to expand its market presence globally.
Sources
6 The Hiring and Company Growth
Nobula3D AB: Team Growth and Developments
Nobula3D AB, located in Sweden, has experienced significant team growth and developments since receiving the EIC Accelerator funding in January 2023.
Team Expansion
Since the beginning of 2024, Nobula3D expanded its core team by adding four new members. This growth signifies a strategic move to strengthen the company's capabilities and enhance its presence in the market.Current Headcount and Team Size
The exact current headcount or team size of Nobula3D AB is not specified in available information. However, the addition of new members indicates an ongoing effort to bolster the team.Hiring Status
Nobula3D AB is actively hiring, as evidenced by job postings such as an Embedded System Engineer for Glass 3D Printing in Stockholm.Growth
The company's growth is marked by its participation in prestigious events like TechArena 2024, where it showcased its revolutionary Glass 3D printing technology. This exposure has likely contributed to increased interest and potential collaborations.Key Positions
One of the key positions recently advertised is an Embedded System Engineer, which highlights the company's focus on technical expertise to support its innovative glass 3D printing solutions.Impact on Future Growth and Scaling
The new team members are crucial for Nobula3D's future growth, as they bring diverse skills that help the company scale and enhance its product offerings. Their expertise will be instrumental in developing and refining the company's Direct Glass Laser Deposition (DGLD) technology, which is central to its success in the market.Management and Founding Team Changes
There is no specific information available regarding major changes in management or the founding team of Nobula3D AB.Future Prospects
Nobula3D's involvement in projects like the FunctiGlass program, where it serves as an industrial mentor, underscores its commitment to innovation and collaboration with academic institutions. This partnership will foster skills transfer and contribute to the company's long-term growth by connecting it with emerging talent in glass science.Sources: - Nobula - Glass 3D Printing made Fast, Affordable, and Energy-Efficient
- Nobula at TechArena 2024
- Project title DC9: 3D printing of biophotonic biomaterials
- Nobula3D AB hiring Embedded System Engineer for Glass 3D Printing Job in Stockholm
7 The Media Features and Publications
Nobula3D AB: Media Features, Publications, and Event Involvement Since EIC Accelerator FundingNobula3D AB, a Swedish deeptech startup spun off from KTH Royal Institute of Technology, has gained recognition for its Direct Glass Laser Deposition (DGLD™) technology, enabling precise 3D printing of glass structures. Below is an overview of their media presence, publications, and event engagements based on available records.
Media Features and Publications
- Technology Overview: Nobula’s DGLD technology uses laser-driven deposition to print glass at temperatures up to 2200°C with resolutions as fine as 100–250 µm[^6^]. Their desktop-sized printer (~100×40×60 cm) supports silica glass printing without post-processing[^6^]. Fabbaloo highlighted their patent-pending filament design and potential applications in microfluidics, optics, and medical devices[^3^].
- Research Collaboration: A study published in 3D Printing and Additive Manufacturing detailed the rapid fabrication of silica microlens arrays using Nobula’s technology[^10^]. The company originated from a KTH project funded by the Swedish Foundation for Strategic Research (SSF)[^10^].
- Investment Coverage: KTH Holding emphasized Nobula’s goal to commercialize accessible glass 3D printing solutions after investing in the company.
Conference Participation
- International Glass School (Brazil): In April 2024, representatives Natalia and Michael presented Nobula’s mission at São Carlos' conference organized by CeRTEV. Their poster session showcased printed samples and sparked discussions on biomedical applications[1]().
- IEEE Photonics Society Events: CSO Michael Fokine shared Nobula’s progress during OptoPub 2022 in Stockholm alongside Nobel Prize-related talks[7](). He later participated in IEEE Sweden’s Chapter Chair Workshop (2023), discussing their growth trajectory[8]().
Event Involvement
- STING Incubator: After securing KTH Holding investment pre-2022 launch plans[], they joined STING—a leading European incubator—to scale operations[]().
- Academic Partnerships: Collaborations with institutions like SSF[]() reflect a focus on translating research into industrial solutions[]().
No podcasts or interviews were identified through the provided sources. However active conference participation suggests ongoing engagement with academic-industry networks globally since receiving EIC Accelerator funding early January11th,, year not explicitly confirmed via sources but likely aligns with recent activity spikes noted above including Brazil outreach April'24 plus continued IEEE affiliations through '23/'24 periods per citations hereinbelow...
Sources
Nobulans in Brazil | Fabbaloo Article | KTH Holding Investment | CeRTEV Conference Details | IEEE Sweden Presentations(URL truncated; see source )| Microlens Study Publication| Official Site: Nobula® Glass Printing Tech Specs.
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