# EIC Scaling Club companies collectively raised over €4 billion since joining — outperforming European peers 2.3x on follow-on capital.
EUACC page: https://www.euacc.ai/briefing/pulse-32
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## Public content

**issue:** 32
**type:** pulse
**date range:** 14 Nov 2026
**tagline:** EIC Scaling Club companies collectively raised over €4 billion since joining — outperforming European peers 2.3x on follow-on capital.
**published at:** 2026-11-14
**sections:** 
  -     **body:** A new **EIC impact report** covers **120 Scaling Club companies** across **26 member states** up to September 2026. Since joining, they collectively raised **over €4 billion** — **128% of their pre-joining investment**, versus **56%** for a matched control group. Average round size was **€60.6 million** against **€39.7 million** for peers. **56% of active members** raised after joining, versus **38%** of comparable companies.

The two leading sectors: **New Space** (€1.34B) and **Next-Gen Computing** (€1.32B). Roughly **80%** of that capital came through rounds with the **EIC or another public co-investor**. For rounds above **€100 million**, international investors made up **27%** of participations.
    **emoji:** 📊
    **label:** IMPACT DATA
    **heading:** EIC Scaling Club companies raised €4B collectively, outperforming peers 2.3x
  -     **body:** The programme is open to companies that have already received **EIC Accelerator** or **EIC Pathfinder** funding. The report does not isolate causality, but the gap versus peers is consistent across every fundraising metric.

Two structural gaps flagged: **limited growth capital** and **fragmented European markets**. The report calls for stronger **public procurement** routes. If you are EIC-backed and have not applied to the Scaling Club, this data makes the case. The **€1.8 billion EIC 2027 Work Programme** is confirmed and funded.
    **emoji:** 💡
    **label:** FOR FOUNDERS
    **heading:** The Scaling Club is the highest-yield post-funding step for EIC alumni

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