Meet the winning startups of the EU’s Innovation Radar Prize 2025
The European Commission has awarded the 2025 Innovation Radar Prize to four promising startups and SMEs that developed innovations with EU research and innovation funding. This initiative highlights the burgeoning European tech scene and the continent's commitment to fostering technological advancement. The awards ceremony, held in Lisbon, Portugal, on November 10th, 2025, underscores the EU's ongoing efforts to support innovative companies. Twelve finalists, all of which had previously received EU funding, presented their innovations to a jury of investors and entrepreneurs. ExoMatter, a German startup, won the overall prize for its ExoMatter Platform, an AI-enriched data platform for materials R&D. Ecolyte from Austria, Minespider from Germany, and Equal1 from Ireland also received awards in specific categories, focusing on climate, AI, and smart hardware respectively. The winning companies represent diverse fields, from AI-driven materials science to quantum computing, demonstrating the breadth of innovation supported by the EU. These startups, and the EU's investment in them, have the potential to boost European competitiveness in crucial technological areas. This initiative supports European digital sovereignty and aims to reduce reliance on non-European tech solutions. The Innovation Radar Prize, now in its eleventh year, is a key component of the European Commission's Innovation Radar Bridge initiative. It provides a platform to celebrate and promote cutting-edge technologies developed within Europe. This initiative highlights the significant investment in European tech and digital innovation.
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