Fifteen EIC-backed health scaleups chosen for US Soft-landing week in Silicon Valley

Brussels, April 19th 2024
Summary
  • Fifteen EIC-supported health and life sciences scaleups were selected for the EIC USA Soft-landing programme.
  • Participants completed preparatory business training and will attend a Soft-landing week in San Francisco and Silicon Valley from 19 to 24 May 2024.
  • The programme offers local domain experts, pitching and networking activities, market insights, and warm introductions to investors and corporate partners.
  • The EIC runs the initiative as part of its International Trade Fairs and USA Soft-landing Programme 3.0, in partnership with high-profile US organisations and an ambassador.

EIC brings 15 European health scaleups to Silicon Valley for Soft-landing week

Fifteen European companies that previously received support from the European Innovation Council have been selected to take part in the EIC USA Soft-landing programme. The cohort focuses on health and life sciences and will participate in an intensive Soft-landing week in the San Francisco Bay Area from 19 to 24 May 2024. Prior to travel the selected companies complete preparatory business training designed to maximise the week onsite.

What the Soft-landing week involves:During the week in San Francisco and Silicon Valley the scaleups will meet local domain experts, take part in pitching sessions, and attend targeted networking activities. The programme offers market briefings, warm introductions to investors and corporates, and access to other potential business partners within the local ecosystem.

Programme purpose and placement in the EIC portfolio

The EIC USA Soft-landing is a business acceleration track within the EIC International Trade Fairs Programme 3.0. It is aimed at companies that have already launched and gained traction in their home markets and are exploring expansion into a major new market such as the United States. The Soft-landing format seeks to let founders test opportunities abroad without diverting the main operational focus from their core markets.

EIC ITF 3.0 explained:The EIC International Trade Fairs Programme 3.0 runs from 2024 to 2026. It helps EIC beneficiaries internationalise by attending trade fairs and tailored market programmes in the EU, the Middle East and North America. Services include pre-departure briefings, coaching, IP and cultural training, matchmaking, and post-event follow up.

Partners and ambassador supporting the US programme

For this edition the EIC partnered with an experienced investor and entrepreneur, who serves as the programme ambassador, and with several high-level US institutions. The named partners include Stanford School of Medicine, the INSEAD San Francisco Hub, the Nasdaq Entrepreneurial Center, the San Francisco Bay Area Council, and the Commonwealth Club. These partners provide local domain knowledge, access to networks, and forum space for pitching and discussions.

Role of partners and ambassador:Partners contribute market insights, mentoring, introductions to potential investors and corporate partners, and specialist sector knowledge. The ambassador brings investor perspective and entrepreneurial experience to help scaleups refine messaging and match priorities to the US investor and buyer landscape.

The selected cohort

The 15 EIC-awarded health and life sciences companies selected for the Soft-landing week represent several EU countries. The EIC has made company descriptions available to the community platform for further review.

CompanyCountry
ABCDxSpain
Actome GmbHGermany
AkaraIreland
Augmedit B.V.The Netherlands
Bluedrop MedicalIreland
Celtic BiotechIreland
ImmunethepPortugal
INBRAIN NeuroelectronicsSpain
NETRIS PharmaFrance
LigenceLithuania
Luminate MedicalIreland
Peptomyc S.L.Spain
SentryXThe Netherlands
UroMemsFrance
VitaleraSpain

Practical information and community resources

The cohort completed preparatory business training before departure. Additional information about the EIC ITF 3.0 Programme, upcoming calls and the broader EIC Community Platform is published on the EIC Community website. EIC beneficiaries and other interested parties can contact the EIC Community Helpdesk for questions about this event. When contacting the helpdesk users should select the category EVENT - EIC ITF Programme - Soft-landing Silicon Valley 2024 in the category field to receive a relevant response.

Where to find more information:The EIC Community Platform hosts stories, calls, company descriptions and ITF programme material. The EIC also publishes FAQ and reports about the ITF programme, including lessons learned and impact assessments.

Context and what to watch for

Soft-landing visits are useful for generating leads, testing messages and building initial relationships. For health and life science scaleups the path to market in the US is often longer and more complex than a week can resolve. Regulatory approval, clinical validation, reimbursement pathways, data privacy rules, and procurement practices vary by state and by buyer. Outcomes such as pilots, letters of intent, or investor follow-on financing indicate concrete progress. Major limitations include the short duration of the visit, the need for structured follow-up, and the resource costs of pursuing US expansion alongside existing operations.

Key risks and limitations to monitor:Regulatory hurdles such as FDA approvals and clinical trial requirements, slow sales cycles in health systems, IP and data governance complexities, and the need for local partnerships are common obstacles. The success of the Soft-landing format depends on post-visit follow up, the readiness of the company to commit resources to the new market, and realistic matching between company needs and US stakeholder interests.

A measured view of programmes like this requires tracking a small set of realistic metrics. Useful indicators include number of qualified meetings, pilot agreements or memoranda of understanding signed, investor follow-up meetings, subsequent funding rounds, and regulatory or clinical milestones achieved within 12 months after the visit.

Final notes and disclaimer

The information about the selected companies and the programme is provided for knowledge sharing. It should not be interpreted as an official position of the European Commission. For specific queries about the Soft-landing programme or participation, contact the EIC Community Helpdesk via the Community Platform.