GAEU Consulting supports Minalyze in securing EUR 4M from the European Innovation Council (EIC)

GAEU Consulting supports Minalyze in securing EUR 4M from the European Innovation Council (EIC)

The funding is provided within the framework of the EIC Accelerator blended finance support and will be used to accelerate the development of the first complete AI-driven drill core mapping solution for the mining industry. The European Innovation Council (EIC) promotes breakthrough innovation with scale-up potential at the global level.

  • The field of AI-driven innovations is a very crowded and challenging space. It takes a lot of effort to clearly present competitive advantages of such solutions and provide viable arguments for the scale-up potential of those businesses. We are very happy to once again prove our capabilities of supporting deep tech projects of this kind. Minalyze has a unique solution and a very strong, dedicated team. This is the bottom-line requirement to compete for EIC funding, says Tomasz Wąsik, MBA, Partner at GAEU Consulting.
  • The EIC accelerator funding is game changing for our company. It will allow us to add resources to our team and fully focus on creating value for the mining industry through our unique and completely integrated AI autologging solution. GAEU Consulting has provided professional guidance throughout the EIC accelerator application process. Their experience and knowledge are key success factors that lead to this positive outcome in the highly competitive EIC accelerator program, says Annelie Lundström, CEO at Minalyze.

For more information, contact: Tomasz Wąsik, Partner, GAEU Consulting. Phone:  +48 696 108 683, e-mail:

About Minalyze

Minalyze is the world leader in XRF core scanning instruments and software for visualization of geological data. What the industry saw as revolutionary but impossible was challenged and conquered by the entrepreneurial and innovative Minalyze team. Read more at

About GAEU

GAEU Consulting is a leading independent advisor on European Innovation Funding mechanisms, including Horizon Europe, Eureka, Eurostars, Life, EIT and EIB. GAEU supports innovative companies in implementing their business strategies with EU funding as a propelling force. Read more at





Roland Vilhelmsson


+46 8 556 063 50


Tomasz Wąsik


+48 696 108 683


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