The second edition of WomenTechEU, aimed at supporting female-led deep-tech companies in Europe, has announced its results. With an increased budget of 10 million euros, 134 companies were selected for funding, a significant increase from the pilot year. Each company will receive a grant of EUR 75,000 to support their initial innovation steps.

The initiative, under the European Innovation Ecosystems work programme of Horizon Europe, received a record 467 applications from 35 Member States and Horizon Europe Associated Countries. The selected companies span 26 different countries and operate in 16 industry sectors, contributing to advancements in medical drugs, carbon capture, digital learning, and autonomous robotics.

The program also provides mentoring and coaching through the European Innovation Council Women Leadership Programme to all female founders, addressing gender bias and stereotypes in the deep-tech industry. The initiative aligns with the European Commission’s commitment to achieving gender equality and closing the gender gap in technology and innovation.

Read more: Second edition of WomenTechEU supports 134 female-led deep-tech companies with an increased budget of 10 million euro