Case

Astrape Networks secured €10M from EIC Accelerator

Astrape Networks, was founded in 2022 in Eindhoven (NL) to redefine data centre networking with high-performance, low-latency solutions. Catalyze and Astrape collaborated towards their successful submission to EIC Accelerator in October 2024. Find out below what CEO, Francesco Pessolano, had to say.

Developing OptiNet for more efficient data centre networks

Astrape Networks transforms data centre networking with cutting-edge optical networking technology. Their breakthrough solution, OptiNet, leverages integrated photonics to create highly efficient data centre networks that intelligently manage different types of traffic.

OptiNet can handle at least 50% more load by optimising computational efficiency while significantly reducing energy consumption—paving the way for more sustainable and scalable AI-driven infrastructure.

“Technology that will be strategic for Europe”

Astrape Networks was awarded €10M blended finance from the EIC Accelerator October 2024 round.

Francesco Pessolano, Astrape Networks CEO, commented, “The EIC support will allow us to accelerate the development of our solution while reducing its risks—ensuring a technology that will be strategic for Europe.

“We are grateful for the great support from Catalyze throughout this journey.”

Catalyze is proud to have supported Astrape Networks towards their EIC Accelerator award.

About European innovation council (EIC) Accelerator

The EIC Accelerator supports high-risk, high-potential SMEs and innovators. The aim is to help them to develop and bring to market new innovative products, services and business models, which could go on to drive economic growth.

Selected companies receive funding and optional equity and are offered business coaching and mentoring to scale up their innovation idea. In addition, they get extra acceleration services to connect with investors, corporates and likeminded entrepreneurs.

As an EIC Accelerator client, you will gain visibility and boost your chances of success in European and international markets.

The application process starts with submitting a full proposal. Then, the highest ranked proposals will be invited to a pitch presentation and Q&A session in Brussels before a jury.

Visit our Funding Database for more information