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Startup Funding: June 2021

Startup Funding: June 2021
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Top Stories from the European Commission - 21-25 June 2021 — EUbusiness com

Transitional regime for capital requirements for non-EU central counterparties - World Customs Organization modernisation - European Innovation Council Fund - new rules to protect Europeans from maladministration - Joint Cyber Unit - country recovery and resilience plans - Motor Insurance Directive update - preparations for the forest fire season 2021 - European and Regional Innovation Scoreboards 2021

European funding boost for Imperial clean-tech spinout Lixea

A company founded at Imperial is set to scale-up its innovative method for producing sustainable biochemicals, materials and fuels. Lixea has closed a €2 million investment from the European Innovation Council Fund (EIC Fund) pilot. The investment complements the previous EIC grant of €2.3 million as part of the European Commission’s support to scale and commercialise the Lixea technology.

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