Video: TetraKit Technologies' EIC Award

In the final EIC Accelerator round of 2024, we supported TetraKit Technologies (Copenhagen, Denmark) towards their successful submission. We visited them at BioInnovation Institute (Copenhagen, Denmark) to celebrate the grant & equity blended finance award. Watch the video below to learn more about TetraKit, their EIC project, and the collaboration.

Revolutionising theranostic radiopharmaceuticals

TetraKit Technologies is aiming to revolutionise the development and preparation of theranostic radiopharmaceuticals through TetraKit, a universal radiolabelling platform that enables the synthesis of novel therapeutic and diagnostic (theranostic) radiopharmaceuticals (RPs). By overcoming the limitations of currently available radiochemistry solutions, TetraKit Technologies will address the unmet need for an innovative approach that makes radiolabeling, specifically with radiohalogens, simple, rapid, effective and scalable.

Based on an ultrafast next generation tetrazine ligation and linker technology, the TetraKit Platform allows labelling of any biomolecule (target vector) with any radiohalogen or radiometal, according to a versatile ‘plug-and-play’ principle. As such, TetraKit Technologies will facilitate unleashing the full potential of novel theranostic RPs to serve the need of millions of cancer patients worldwide.

TetraKit Technologies’ EIC Accelerator project

EIC Accelerator blended financing to advance the clinical development of the lead asset emerging from the platform, 131I-DualFAPi, an iodine-131-labelled therapeutic RP that targets the fibroblast activation protein (FAP) – THE ‘next billion-dollars theranostics target’. Initially to be developed for the treatment of metastasized Triple Negative Breast Cancer (TNBC), an aggressive type of cancer with poor survival chances, TT’s lead asset will be the first radiohalogenated FAP-targeting therapeutic RP in clinical development, made possible by the TetraKit Platform.

What is the EIC Accelerator?

The EIC Accelerator, part of Horizon Europe, is a funding programme designed by the European Innovation Council to support (deep-tech) start-ups and SMEs that:

• Develop innovative, game-changing products, services, or business models with the potential to create new markets or disrupt existing ones in Europe and beyond.
• Demonstrate the ambition and commitment to scale up their business.
• Require significant funding to grow, but whose high level of risk makes it difficult to attract private investment alone.

This highly competitive programme helps you to develop your business concept further into a market-ready product, service or process aligned with your company’s growth strategy. Want to learn more about the EIC Accelerator program and the different services Catalyze Group can provide? We tell you all about it on this page.

And do you want to get the most out of your EIC Accelerator proposal? Make sure to implement our five expert tips to help you secure funding.

Catalyze is an official partner of the EIC

Catalyze is proud to be an official EIC Partner and member of the EIC Ecosystem Partnership and Co-investment Support programme. All EIC supported projects and companies get access to coaching, mentoring, partnering and other EIC Business Acceleration Services from partners as part of the programme.

Learn more about EIC Ecosystem Partnership and Co-investment Support programme.

About the European Innovation Council (EIC) Programme

The European Innovation Council (EIC), launched under the EU’s Horizon Europe programme, has a budget of €10.1 billion to support breakthrough innovations, covering the full journey from early research and proof of concept to technology transfer, funding, and scaling up start-ups and SMEs. The EIC aims at identifying and supporting breakthrough technologies and game-changing innovations with the potential to scale up internationally and become market leaders. 70% of the entire budget is ear-marked for SMEs, which shows the focus of EIC on supporting SMEs. There are 3 sub-programmes that form the basis of the EIC programme: EIC Pathfinder, EIC Transition and EIC Accelerator.

Learn more about the European Innovation Council 

About Catalyze

At Catalyze we commit ourselves to accelerate innovations that have a positive impact on the world. We are the driving force for innovations across the fields of Life Sciences and Sustainability. Our offering of strategic consulting services, funding consulting, project management and more, deliver impactful expertise for all development stages. With a proven track record and the highest quality and success rate in the industry, we aim to be the consulting partner of choice to drive the success of meaningful innovation projects.

Learn more