# EIC Scaling Club reports €4.06bn raised by member companies

_Published Wednesday, November 4, 2026 at 6:41 AM EST · Capital · Latest · Tier 2 — Notable_

![EIC Scaling Club reports €4.06bn raised by member companies — Primary](https://media.thenextweb.com/2026/11/eic-scaling-club-deep-tech-report-cover-rocket.jpg)

Companies in the European Innovation Council's Scaling Club have raised €4.06bn since joining, according to a new report from the initiative. The programme supports 120 scale-ups from 26 countries; its analysis uses Dealroom data through 29 September 2026.

Some 56% of members closed a funding round after joining, compared with 38% of 240 applicants that were not selected. Around 80% of the capital came through rounds involving the EIC or another public investor.

Nine rounds worth more than €100m each accounted for 51% of capital raised. The report cautions that a few breakout companies dominate the results and that the comparison group contains more digital businesses, while half of Club members work in climate technology.

## Sources

- [The Next Web](https://thenextweb.com/news/eic-scaling-club-deep-tech-scale-ups-raised-e4bn-after-joining-report-says)

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Canonical: https://techandbusiness.org/newswire/Z8AaHmI5zpQ7VoORGuy_aV
Published: 2026-11-04T11:41:50.493Z
Story chronology: 2026-11-04T10:10:46.000Z
Retrieved: 2026-11-04T14:09:13.019Z
Publisher: Tech & Business (techandbusiness.org)