08 March, 2024The European Innovation Council (EIC) has selected ALIAS ROBOTICS, along with only 42 other companies, from a group of 242 contenders and 1083 proposals from all over Europe. A testament to the strength and innovation of its robot safety solutions.
The EIC's rigorous selection process, which included interviews with experienced investors and entrepreneurs, has placed Alias Robotics among the elite. Their proposal stood out, earning the trust and high esteem of the panel of judges, making them one of the most highly rated companies in this distinguished group.
Endika Gil-Uriarte, CEO of Alias Robotics, "This achievement is a milestone and the beginning of a new era for robot cybersecurity. The support provided by the EU through the EIC accelerator will be instrumental for Alias Robotics to conquer this unexplored market."
This substantial financial support from the EIC marks a pivotal moment in Alias Robotics' trajectory. It empowers them to accelerate their efforts in advancing robotic cybersecurity, strengthening their commitment to shaping a secure digital future.
As they venture into this exciting new chapter, Alias Robotics is poised for unprecedented growth and innovation. This significant injection of funding managed by the EIC Fund, comprising €2.5M in grants and €5M in an investment round planned for early 2025, with a €2.5M (50%) commitment from the European Investment Bank, will drive research, development and commercialization initiatives with world-class project partners.
