1 The EIC Accelerator Project
EIC Accelerator Program Overview
The European Innovation Council (EIC) Accelerator program is a key initiative designed to support the growth of innovative startups and small to medium-sized enterprises (SMEs) within the European Union. It focuses primarily on deep tech and high-risk, high-potential projects that can have a significant impact on the market. The program aims to bridge the financing gap faced by early-stage companies by providing substantial funding opportunities, mentorship, and access to a vast network of partners and investors.
Funding Structure
The EIC Accelerator offers a dual funding mechanism comprising grants and equity investments.
Purpose and Impact on the Ecosystem
The EIC Accelerator plays a crucial role in the European deep tech and startup ecosystem by providing a structured pathway for innovative companies to develop their technologies and bring them to market. By offering substantial funding and resources, it helps alleviate common barriers faced by startups, such as limited access to capital and lack of industry connections. The program also encourages collaboration between startups and established businesses, research institutions, and investors, thereby stimulating innovation and economic growth across Europe.
Support for Scaling and Private Funding
The EIC Accelerator not only provides financial support but also offers mentorship and guidance through the innovation process. Winning companies gain access to experts who can help refine business models, navigate regulatory landscapes, and connect with potential customers and partners. This support enhances a company's ability to attract additional funding from private investors, as the EIC endorsement acts as a quality seal, increasing credibility and trustworthiness in the eyes of the market.
Case Study: NANO-TECH SPA and Project C-PREG 400
Company Overview
NANO-TECH SPA, an Italian company, is a notable winner of the EIC Accelerator in 2023. The company specializes in developing advanced materials and technologies, with a focus on innovative solutions for various industries, including aerospace.
Project C-PREG 400
The EIC Accelerator project, C-PREG 400, is centered around the creation of a high-temperature, flame-retardant, recyclable composite material specifically designed for the aerospace industry. This innovative material addresses critical challenges in aerospace applications, such as safety, environmental sustainability, and performance.
Technology Basics and Background
C-PREG 400 represents a significant advancement in composite materials, combining high-temperature resistance with flame retardant properties. Traditional aerospace materials often struggle to meet the stringent safety standards imposed by the industry, particularly when it comes to fire resistance and environmental impact.
The technology behind C-PREG 400 involves the incorporation of advanced polymers and nanomaterials that not only enhance thermal stability but also minimize toxicity and environmental footprint. The use of recyclable components positions C-PREG 400 as a sustainable alternative in an industry that is increasingly prioritizing green technologies.
The development of this composite material is backed by extensive research and testing, ensuring that it meets the rigorous demands of aerospace applications. By providing a lighter and safer alternative to existing materials, C-PREG 400 has the potential to revolutionize the aerospace sector, contributing to more efficient and sustainable aircraft design.
Conclusion
The EIC Accelerator program serves as a pivotal mechanism for fostering innovation and growth within the European startup ecosystem, particularly in deep tech sectors. Companies like NANO-TECH SPA, through their project C-PREG 400, exemplify the potential for groundbreaking advancements that can emerge from such support. With substantial funding opportunities and strategic mentorship, the EIC Accelerator not only helps companies scale but also strengthens the overall competitiveness of European industries on a global scale.
2 The Funding Rounds
# Nano-Tech SpA: EIC Accelerator Funding AnalysisNano-Tech SpA, an Italian company specializing in nanotechnology applications for advanced materials, received funding through the European Innovation Council (EIC) Accelerator program following the June 21, 2023 cut-off date. The company was among three Italian startups selected to receive EIC Accelerator funding, alongside D-Orbit and 3Bee.
Company Overview
Nano-Tech SpA (italnanotech.com) is a pioneering Italian startup focused on developing cutting-edge material solutions that enhance mechanical, thermal, and electrical properties. The company serves diverse industries including manufacturing, electronics, automotive, and aerospace, helping clients achieve superior product quality and efficiency through nanotechnology applications.
The company's business model centers on research and development, advanced production capabilities, and comprehensive support services. Nano-Tech SpA generates revenue through the sale of advanced material solutions tailored to specific client needs and through consulting services that help clients effectively integrate these materials into their products and processes.
EIC Accelerator Funding
Nano-Tech SpA was selected to receive funding from the EIC Accelerator program following the June 21, 2023 cut-off date. This funding represents a significant achievement as the EIC Accelerator is a highly competitive program supporting innovative startups and SMEs across Europe.
Funding Amount: The exact amount awarded specifically to Nano-Tech SpA is not specified in the search results. However, the company's total funding is reported as €2.5 million in grants.
Funding History
Based on the available information, Nano-Tech SpA has received several rounds of funding:
- EIC Accelerator Grant: Amount not specifically disclosed, awarded after the June 2023 cut-off
- Total Grant Funding: €2.5 million
- Support Program: €75,000
- Early VC Round: Amount not disclosed
The company appears to have received a mix of grant funding and venture capital investment, though specific details about timing and amounts for each round are limited in the search results.
Investor Information
The search results do not provide specific information about the investors in Nano-Tech SpA. While there are mentions of funding rounds in the company profiles, the investor names are either listed generically as "investor" or not provided at all.
Company Valuation
The search results do not contain information about Nano-Tech SpA's valuation. While there is valuation data for a company called "Nano Tech Inc Limited" (£122.8k based on turnover), this appears to be a different entity based in London, UK, not the Italian Nano-Tech SpA that received the EIC Accelerator funding.
Exit Events
There is no information in the search results about any exit events such as IPOs, buyouts, or acquisitions involving Nano-Tech SpA. The company appears to be an operational startup continuing to develop and commercialize its nanotechnology applications for advanced materials.
Recent Developments
The most significant recent development for Nano-Tech SpA was its selection as one of three Italian startups to receive funding from the EIC Accelerator program, as reported in July 2023. This achievement highlights the company's innovative approach and potential for growth in the advanced materials sector.
The company continues to focus on creating "smarter, greener, and stronger materials" with a commitment to innovation and safety that positions it as a leader in the advanced materials market.
Sources: - Nano-Tech company information, funding & investors | EIT Health
3 The Press Releases
Nano-Tech SpA: Post-EIC Accelerator Funding Developments Nano-Tech SpA, an Italian deep-tech company specializing in advanced nanomaterials, has solidified its position as a leader in aerospace and high-performance material innovation following its 2023 EIC Accelerator win.Key Developments Since June 2023
- Strategic Partnerships: Collaborated with Oak Universe AB, a Stockholm-based investment firm focused on advanced manufacturing, to accelerate material science innovations for aerospace, automotive, and electronics sectors. CEO Giuseppe Galimberti emphasized ambitions to "push boundaries" in sustainable materials through this alliance.
- Global Expansion: Engaged with U.S. tech giants like Boeing and Microsoft during the "Primo Innovare" summit in Washington state, aiming to penetrate North American markets for AI-driven materials. The company also showcased its C-Preg 400 thermostable composites at Space Tech Expo Europe in Bremen.
- Technology Highlights: Advanced its proprietary conductive polymer Nano-force S (electrically conductive plastic) and C-Preg 400 composites designed for satellites and Formula 1 components. These materials leverage nanotech-enhanced polymers to replace traditional metals while maintaining thermal/mechanical resilience.
- Accelerator Milestones: Completed the Cassini Business Accelerator Program’s first cohort, focusing on space economy applications, shortly after securing EIC funding. This underscores Nano-Tech’s dual emphasis on R&D and commercialization pipelines.
Ethical & Operational Framework
Nano-Tech enforces strict labor ethics—prohibiting child labor and mandating fair wages—as outlined in its Code of Ethics. The policy also includes whistleblower protections via direct reporting channels like info@italnanotech.com.Sources
- Successfully completion of the Cassini Business Accelerator Program
- From superplastic to Formula 1: Nano-Tech among the digital giants
- Oak Universe AB partnering with Nanotech-SPA
- Principles and Policy on Responsible Business Conduct - Nano-Tech
4 The Technology Advancements
Nano-Tech SPA: Post-EIC Accelerator Progress and CapabilitiesNano-Tech SPA, an Italian leader in nano-engineered composite materials, has focused on advancing high-temperature composites for aerospace and automotive applications since receiving EIC Accelerator funding. While explicit post-June 2023 updates are limited in publicly available documents, the company’s existing trajectory and disclosed initiatives highlight ongoing advancements.
Core Capabilities
Nano-Tech specializes in patented formulations for dispersing nanoparticles into polymers, producing materials with superior heat resistance (up to 400°C), lightweight properties, and enhanced electrical conductivity. Their flagship product, C-Preg 400, is a recyclable prepreg targeting eco-friendly industrial transitions. The company collaborates with research institutions to develop sustainable polymers and holds a competitive edge in supplying motorsports teams, aerospace OEMs, and luxury automotive manufacturers.Post-EIC Accelerator Developments
Since securing EIC funding (exact grant details unspecified but recognized as "disruptive technology" for aerospace):- Certification Roadmap: Nano-Tech prioritized obtaining aeronautical certifications within 24 months of the award (likely by mid-2025) to enable adoption by major aerospace OEMs.
- Market Expansion: Through its strategic partnership with Losi Group (established pre-funding), Nano-Tech continues targeting new qualifications in aerospace and automotive sectors globally.
- R&D Focus: Ongoing work includes eco-sustainable composites aligned with green transition goals, though no new patents or whitepapers are explicitly cited post-June 2023.
Commercialization Status
The company reports existing revenue streams from premium clients but no specific customer demonstrations or pilots disclosed after mid-2023. Its EIC-funded scale-up aims to penetrate mass-production markets while maintaining rapid lead times for customized orders.Sources
- Principles and Policy on Responsible Business Conduct - Nano-Tech
- NanoTech | Nano-engineered pre-pregs
- New strategic partnership with Nano-Tech - Losi Group
- Nano-Tech S.p.A. | EuroQuity
5 The Partnerships and Customers
NANO-TECH SPA: Partnerships, Customers, and Strategic Growth
NANO-TECH SPA, an Italian company specializing in the development and production of innovative composite materials, has recently gained significant recognition and funding, including the EIC Accelerator Grant. This grant has positioned the company at the forefront of technological advancements in the aerospace and automotive sectors.
Partnerships and Customers
NANO-TECH SPA has established several strategic partnerships to enhance its market presence and technological capabilities. Notably, the company has partnered with:
- Oak Universe AB: This partnership aims to drive advances in material science by combining the expertise of both companies. Oak Universe, an investment firm based in Stockholm, brings financial acumen and industry networks, while NANO-TECH SPA contributes its robust R&D capabilities in advanced materials.
- Losi Group: Through its subsidiary Avio Commerciale S.r.l, Losi Group has formed a strategic partnership with NANO-TECH SPA. This collaboration focuses on introducing NANO-TECH's products to various industries, leveraging Losi Group's market expertise and NANO-TECH's innovative materials.
NANO-TECH SPA serves major clients in the aerospace and automotive sectors, including renowned F1 teams and premium car manufacturers.
New Partners and Customers
While specific details on new partners or customers since the EIC Accelerator funding are not provided, the company continues to seek industrial partners to support its growth. NANO-TECH SPA is positioned to engage with more companies across aerospace, automotive, and other industries where its materials can offer significant performance improvements.
Nature and Purpose of New Relationships
The partnerships formed by NANO-TECH SPA are designed to foster innovation, enhance market reach, and accelerate the adoption of its cutting-edge materials. These collaborations aim to address key industry challenges and explore novel applications that can revolutionize multiple sectors.
Market Positioning and Technological Advancements
These relationships will significantly position NANO-TECH SPA as a leader in the advanced materials sector by:
- Enhancing Market Presence: Through strategic partnerships, NANO-TECH SPA expands its market reach and access to new customers.
- Scaling Up Operations: Collaborations provide opportunities for increased production and distribution of its innovative materials.
- Technological Advancements: Partnerships with Oak Universe AB and Losi Group will facilitate access to advanced technologies and research collaborations, enabling further innovation in material science.
NANO-TECH SPA's innovative approach to materials science, combined with its strategic partnerships, places it at the forefront of technological advancements and positions the company for significant growth in the global advanced materials market.
Sources
- Nanotech-SPA Announces Collaboration with Oak Universe AB
- Strategic Partnership with Nano-Tech - Losi Group
- Nano-Tech S.p.A.
- Nano-Tech S.p.A. | EuroQuity
6 The Hiring and Company Growth
NANO-TECH SPA: Post-EIC Accelerator Growth and Team Dynamics NANO-TECH SpA, an Italian innovator in nano-engineered composite materials for aerospace and automotive applications, has maintained a lean operational structure. As of recent data, the company employs under 25 individuals, reflecting its focus on specialized R&D and advanced manufacturing. While specific hiring figures post-2023 EIC Accelerator funding are not publicly disclosed, the company emphasizes collaborations with global partners, universities, and research centers to drive product development.No explicit details about recent team expansions or management changes are available. However, NANO-TECH’s mission to advance "smarter, greener" materials suggests ongoing recruitment in materials science and engineering roles, particularly for scaling its patented C-Preg 400 high-temperature composites. The EIC funding likely supports their ambition to lead eco-transition efforts in aerospace through lightweight solutions.
Future Growth Trajectory
The company’s agility in supplying customized pre-pregs (pre-impregnated composite fibers) positions it to capitalize on the projected 7.7% CAGR in aerospace nanotechnology markets. New hires would likely focus on R&D scalability and supply chain optimization to meet rising demand for sustainable composites.
Sources
- Nano-Tech SpA - Overview
- NanoTech | Nano-engineered pre-pregs
- Aerospace Nanotechnology Market Report 2025
7 The Media Features and Publications
Overview of NANO-TECH S.P.A.
NANO-TECH S.P.A., located in Ascoli Piceno, Italy, is a pioneering company in the development and manufacturing of innovative composite materials and nano-composites. Since receiving the EIC Accelerator funding on June 21, 2023, the company has continued to excel in creating advanced materials for various industries.
Media Features and Publications
Currently, there is limited information available about specific media features or publications that have named NANO-TECH S.P.A. However, the company has been actively involved in its own news releases, such as celebrating its successful completion of the Cassini Business Accelerator Program.
Podcasts and Interviews
There is no available information on podcasts or interviews specifically featuring the team of NANO-TECH S.P.A. However, general nanotechnology podcasts such as "Tiny Tech" and "Sustainable Nano" provide insights into the broader field of nanotechnology.
Conferences and Fair Visits
NANO-TECH S.P.A. has participated in significant events, including its debut at the Space Tech Expo Europe in Bremen. This participation highlights the company's engagement with the aerospace and technology sectors.
Event Involvement
The company's involvement in events like the Space Tech Expo demonstrates its commitment to innovation and collaboration within the industry. Additionally, NANO-TECH S.P.A.'s participation in programs like the Cassini Business Accelerator Program underscores its strategy to foster growth and innovation.
Products and Innovations
NANO-TECH S.P.A. specializes in producing nano-engineered pre-pregs for advanced applications, focusing on high-temperature composites and lightweight yet robust materials. These materials are used in structural components for automobiles, aircraft, drones, satellites, and other sectors. The company is also committed to developing eco-sustainable polymers and materials in collaboration with leading research centers and universities.
Awards and Recognition
NANO-TECH S.P.A. is a recipient of the prestigious EIC Accelerator Grant, acknowledging its disruptive technology in the aerospace sector.
Management and Structure
The company is led by CEO Giuseppe Galimberti and operates with a team dedicated to research, marketing, and management. NANO-TECH S.P.A. emphasizes responsible business conduct and maintains a strong commitment to ethical practices and sustainability.
Financial Performance
Recent financial reports show a turnover increase of 46.88% for NANO-TECH S.P.A..
Conclusion
Since receiving the EIC Accelerator funding, NANO-TECH S.P.A. has continued to innovate and expand its presence in the nanotechnology sector. Its focus on sustainable and advanced materials positions it as a leader in the industry.
Sources:
- News - Nanotech
- Principles and Policy on Responsible Business Conduct - Nano-Tech
- NanoTech | Nano-engineered pre-pregs
- Nano-Tech SpA's Debut at the Space Tech Expo Europe
- Nano-Tech S.p.A. | HIGHTECH VENTURE DAYS
- 10 Best Nanotechnology Podcasts You Must Follow in 2025
- NANO-TECH S.P.A. company information Italy
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