1 The EIC Accelerator Project

Overview of the EIC Accelerator Program

The European Innovation Council (EIC) Accelerator program represents a pivotal initiative within the European Union’s strategy to bolster innovation and support startups, particularly in the DeepTech sector. This program is designed to assist small and medium-sized enterprises (SMEs) and startups in developing and scaling innovative ideas with significant market potential. The EIC Accelerator provides a combination of funding and business acceleration services, aiming to drive the commercialization of cutting-edge technologies.

Funding Mechanism of the EIC Accelerator

The EIC Accelerator offers two main types of financial support: grants and equity investments.

Purpose of the EIC Accelerator in the European Ecosystem

The EIC Accelerator aims to strengthen the European DeepTech and startup ecosystem by addressing the unique challenges faced by innovative companies. By facilitating access to substantial funding and providing tailored support, the program fosters an environment conducive to technological advancement and entrepreneurship. It encourages startups to take risks on transformative technologies, thereby contributing to Europe's competitiveness on the global stage.

Role in Scaling Companies and Attracting Private Funding

The EIC Accelerator plays a crucial role in helping companies scale their operations and secure sufficient funding from the private sector. By providing initial grants, the program allows startups to develop their products and prove their business models. The subsequent equity investment further enhances credibility, making it easier for companies to attract venture capital and other forms of private investment. This synergy between public funding and private sector investment is essential for accelerating the growth of innovative firms and bringing groundbreaking technologies to market.

EIC Accelerator Winner: RadonTec GmbH and Project AlphaSensor

Company Overview: RadonTec GmbH, based in Germany, is an innovative company focused on developing unique solutions for detecting and managing radon exposure, a significant health risk associated with lung cancer.

Project Description: The project, known as AlphaSensor, aims to democratize protection against radon exposure by creating a sensor that is small, fast, reliable, connected, and affordable. This project directly addresses the urgent need for effective radon monitoring in homes and workplaces, thereby enhancing public health safety.

Funding Type: RadonTec GmbH secured funding under the EIC Accelerator program through a grant, which will be instrumental in advancing the development and deployment of the AlphaSensor technology.

Submission Details: The company submitted its Step 2 proposal on June 16, 2021, and successfully won in the Step 3 interview, marking a significant milestone in their journey.

Website: More information on RadonTec and its innovative solutions can be found at radontec.de.

Technology Basics and Background

The AlphaSensor technology utilizes advanced detection mechanisms to monitor radon levels in real-time. Radon is a naturally occurring radioactive gas that can accumulate in buildings, particularly in basements and poorly ventilated areas. Prolonged exposure to radon is a leading cause of lung cancer, making effective monitoring essential for public health.

The AlphaSensor is designed to be compact and user-friendly, allowing for widespread adoption among consumers and businesses alike. Its connectivity features enable data collection and analysis, facilitating timely alerts and responses to elevated radon levels. This innovative approach not only contributes to individual health safety but also aids in regulatory compliance and public awareness regarding radon exposure.

In conclusion, the EIC Accelerator program serves as a vital resource for startups like RadonTec GmbH, enabling them to bring innovative solutions to market while addressing critical health issues. The combination of grant funding and equity investment provides a robust framework for scaling operations, attracting private investment, and ultimately contributing to a healthier society.

2 The Funding Rounds

RadonTec GmbH, a German company specializing in radon detection and control systems, received a grant of $1.94 million from the European Innovation Council Fund on June 16, 2021. (pitchbook.com) Since then, there is no publicly available information indicating that RadonTec has secured additional funding or undergone any valuation changes. The company remains privately held, with no disclosed investors or funding rounds beyond the initial grant.

3 The Press Releases

Since receiving the EIC Accelerator funding on June 16, 2021, RadonTec GmbH, a German company specializing in radon detection and mitigation, has been actively enhancing its services and expanding its partnerships.

Partnerships and Collaborations

In January 2024, RadonTec announced a strategic partnership with Ecosense, a leading provider of radon detection and monitoring solutions based in California, USA. This collaboration aims to improve radon safety across Europe by combining Ecosense's innovative technology with RadonTec's local expertise. The partnership focuses on offering advanced radon detection and monitoring solutions to homeowners and workplaces, enhancing safety and well-being. (radontec.de)

In June 2021, RadonTec collaborated with ZILA GmbH, a company specializing in climate and ventilation technology, to develop a new control system for comprehensive radon and building fabric protection. This system automatically ventilates cellars and basements based on radon measurements and humidity comparisons, effectively reducing radon and moisture levels. (zila.de)

Media Coverage and Public Engagement

RadonTec's efforts have garnered media attention. In March 2024, the company was featured in the Bayerischer Rundfunk (BR) program "Schwaben und Altbayern," discussing elevated radon levels in Bavaria and the importance of radon protection measures. Additionally, in April 2024, RadonTec was highlighted in the online magazine Focus, emphasizing their comprehensive radon protection services. (radontec.de)

Educational Initiatives

RadonTec has been proactive in educating the public about radon risks. In November 2024, the company participated in an interview with Atanas Terziyski, discussing radon research in Bulgarian caves and the use of their Alpha-Sensor in such studies. (radonshop.com)

Product and Service Enhancements

The company has expanded its product offerings, including the introduction of the Alpha-Sensor, which is utilized in radon research projects in Bulgarian caves. This sensor is part of RadonTec's commitment to providing advanced solutions for radon detection and mitigation. (radonshop.com)

Through these initiatives, RadonTec GmbH continues to strengthen its position as a leader in radon safety, focusing on innovation, partnerships, and public education to enhance health and safety standards across Europe.

4 The Technology Advancements

RadonTec GmbH, established in 2017 and headquartered in Schabringen, Germany, specializes in comprehensive radon protection solutions. The company offers a range of services, including radon measurement, consultation, and remediation, catering to both residential and commercial clients. Their product lineup features devices such as the AlphaSniffer for detecting radon entry points, AlphaSeal sealing slurry, and the AlphaFreshbox ventilation systems designed to mitigate radon exposure.

In June 2021, RadonTec GmbH received funding from the European Innovation Council (EIC) Accelerator for their AlphaSensor project, aiming to develop a unique radon sensor that is small, fast, reliable, connected, and affordable. (rasph.com)

Since securing the EIC Accelerator funding, RadonTec has made significant advancements in their technology and market presence. In August 2024, the company partnered with Ecosense, a California-based provider of radon detection and monitoring solutions. This collaboration has enabled RadonTec to offer Ecosense's innovative products, such as the EcoQube and EcoBlu, through their platform, enhancing their product portfolio and expanding their reach in the European market. (ecosense.io)

Additionally, RadonTec has been active in raising public awareness about radon risks. In November 2024, they featured an interview with Atanas Terziyski, discussing radon research in Bulgarian caves, highlighting their commitment to global radon research initiatives. (radonshop.com)

Regarding intellectual property, there is no publicly available information indicating that RadonTec has filed new patents or published scientific studies, clinical trials, or whitepapers since receiving the EIC Accelerator funding. The company's focus appears to be on product development, strategic partnerships, and public education to enhance radon safety across Europe.

5 The Partnerships and Customers

Since receiving the EIC Accelerator funding on June 16, 2021, RadonTec GmbH, a German company specializing in radon protection solutions, has established several strategic partnerships to enhance its market presence and technological capabilities.

Partnerships and Collaborations

Nature and Purpose of Relationships

• Ecosense Partnership: The partnership with Ecosense focuses on integrating advanced radon detection technologies into RadonTec's offerings, enabling real-time monitoring and enhanced safety measures for customers.
• ZILA GmbH Collaboration: The collaboration with ZILA GmbH aims to develop a radon ventilation system that automatically manages ventilation based on environmental conditions, thereby reducing radon and moisture levels in indoor air sustainably.

Market Positioning and Technological Advancements

These partnerships position RadonTec as a leader in providing comprehensive radon protection solutions in Europe. By integrating Ecosense's cutting-edge detection technologies and ZILA GmbH's advanced ventilation control systems, RadonTec enhances its product portfolio, offering innovative solutions that address both detection and mitigation of radon risks. This strategic positioning strengthens RadonTec's market presence and appeals to a broader customer base seeking effective radon protection measures.

The collaboration with Ecosense introduces state-of-the-art radon detection technologies, enabling RadonTec to offer real-time monitoring solutions that enhance customer safety. The partnership with ZILA GmbH contributes to technological advancements by integrating intelligent ventilation control systems, improving the efficiency and effectiveness of radon mitigation strategies. These collaborations collectively support RadonTec's scaling efforts, allowing the company to expand its reach and impact in the European market.

6 The Hiring and Company Growth

RadonTec GmbH, a German company specializing in radon protection, has demonstrated significant growth and strategic development since receiving the EIC Accelerator funding on June 16, 2021. This support has been pivotal in expanding their team, enhancing their product offerings, and strengthening their market position.

Team Expansion and Hiring Activities

Following the EIC Accelerator funding, RadonTec GmbH has actively expanded its team to support its growth initiatives. Notably, the company has been recruiting for positions such as Online Marketing Manager, indicating a focus on bolstering its marketing and customer engagement efforts. The job listing for this role highlights responsibilities like developing and implementing online marketing strategies, managing content for digital platforms, and analyzing SEO and SEA campaigns to increase online traffic. This recruitment underscores RadonTec's commitment to enhancing its digital presence and customer outreach. (arbeitnow.com)

Current Team Size and Headcount

While specific current headcount figures are not publicly disclosed, the active recruitment efforts suggest a growing team. The emphasis on roles such as Online Marketing Manager indicates an expansion in departments critical to RadonTec's operations, particularly in marketing and customer engagement.

Current Hiring Status

RadonTec GmbH is currently hiring, with open positions like the Online Marketing Manager role. This ongoing recruitment reflects the company's expansion and the need for additional expertise to support its growth initiatives. (arbeitnow.com)

Growth and Strategic Partnerships

Since the EIC Accelerator funding, RadonTec has experienced notable growth, both in team size and market presence. A significant development is the partnership with Ecosense, a company specializing in radon detection technology. This collaboration aims to revolutionize radon safety across Europe by combining Ecosense's innovative technology with RadonTec's market expertise. The partnership is expected to enhance RadonTec's product offerings and expand its reach in the European market. (radonshop.com)

Key Positions and Their Impact

The recent hiring of an Online Marketing Manager is a strategic move to strengthen RadonTec's marketing capabilities. This role is crucial for developing and executing online marketing strategies, managing digital content, and analyzing marketing campaigns to drive customer engagement and sales. By enhancing its marketing team, RadonTec aims to increase brand visibility, attract new customers, and support its expansion efforts. (arbeitnow.com)

Management and Founding Team Updates

There are no publicly available reports indicating major changes in RadonTec's management or founding team since the EIC Accelerator funding. The company continues to be led by its founders, Martin and Rudolf Waltl, who have been instrumental in its growth and strategic direction. (radonshop.com)

In summary, since receiving the EIC Accelerator funding, RadonTec GmbH has demonstrated substantial growth through strategic hiring, partnerships, and an expanded team. These developments position the company to effectively scale its operations and enhance its market presence in the radon protection industry.

7 The Media Features and Publications

RadonTec GmbH, a German company specializing in radon protection and remediation, has been actively involved in various media features, publications, podcasts, conferences, and events since receiving the EIC Accelerator funding on June 16, 2021.

Media Features and Publications:

• August 30, 2024: RadonTec announced a strategic partnership with Ecosense, aiming to revolutionize radon safety across Europe. This collaboration leverages Ecosense's advanced radon detection technology and RadonTec's expertise in the European market to enhance radon safety measures. (ecosense.io)
• April 2, 2024: The company was featured in an online magazine, Focus, discussing radon occurrences in Bavaria and how RadonTec provides comprehensive radon protection. (radontec.de)
• February 19, 2024: RadonTec participated in the 13th Bavarian Radon Network Meeting in Augsburg, emphasizing their commitment to radon safety and networking with industry professionals. (radontec.de)
• January 10, 2024: The company announced a new partnership with Ecosense, highlighting the benefits of this collaboration in offering innovative radon detection and monitoring solutions across Europe. (radontec.de)
• November 21, 2023: RadonTec was featured in the Apothekenumschau, one of Germany's most widely circulated print media, discussing the widespread issue of radon and its health implications. (radontec.de)
• September 12, 2023: The company addressed the issue of extremely high radon levels in public buildings in Saxony, emphasizing the health risks associated with elevated radon concentrations. (radontec.de)
• September 1, 2023: RadonTec was featured in an ORF documentary titled "Lebensluft – Wie uns die eigenen vier Wände krank machen," discussing the invisible risks of radon in homes. (radontec.de)
• August 30, 2023: The company reported on the shortened deadlines for radon remediation in schools in Switzerland, highlighting the importance of timely action to mitigate health risks. (radontec.de)
• July 3, 2023: RadonTec highlighted the issue of radon levels exceeding reference values by 17 times in Wunsiedel, stressing the need for effective radon mitigation measures. (radontec.de)

Podcasts and Interviews:

• January 18, 2025: Martin Waltl, CEO of RadonTec, was interviewed on Klassik Radio, discussing the dangers of radon exposure and the company's efforts in radon protection. (radontec.de)
• November 25, 2024: An interview with Atanas Terziyski, discussing radon research in Bulgarian caves, was featured on RadonTec's platform. (radonshop.com)

Conferences and Events:

• April 2024: RadonTec participated in the 17th Saxon Radon Days in Dresden, engaging with experts and sharing knowledge on radon safety measures. (radontec.de)
• February 2024: The company took part in the 13th Bavarian Radon Network Meeting in Augsburg, contributing to discussions on radon protection and mitigation strategies. (radontec.de)
• January 2024: RadonTec announced a new partnership with Ecosense, aiming to offer innovative radon detection and monitoring solutions across Europe. (radontec.de)
• November 2023: The company was featured in the Apothekenumschau, discussing the widespread issue of radon and its health implications. (radontec.de)
• September 2023: RadonTec addressed the issue of extremely high radon levels in public buildings in Saxony, emphasizing the health risks associated with elevated radon concentrations. (radontec.de)
• September 2023: The company was featured in an ORF documentary titled "Lebensluft – Wie uns die eigenen vier Wände krank machen," discussing the invisible risks of radon in homes. (radontec.de)
• August 2023: RadonTec reported on the shortened deadlines for radon remediation in schools in Switzerland, highlighting the importance of timely action to mitigate health risks. (radontec.de)
• July 2023: The company highlighted the issue of radon levels exceeding reference values by 17 times in Wunsiedel, stressing the need for effective radon mitigation measures. (radontec.de)

These engagements underscore RadonTec GmbH's active role in promoting radon safety and protection through various media channels, partnerships, and participation in industry events.