Connecting Food and the EIC Accelerator: Traced, Then Liquidated

Connecting Food, founded in 2016 near Paris, sold software that tracks food products and their ingredients from farm to shelf, recording the data on a blockchain so that brands and retailers can prove where their products come from. Its named customers included Mondelez, Herta, Axéréal and Coop Italia.

The European Innovation Council granted €2,500,000 towards DIGI-TRUSTY, "Digital twins of food products unleashing transparency", a €3.59 million project that ran from August 2023 to July 2025. According to the CORDIS report, it built automated data standardisation, supply-chain traceability and digital supplier audits. In December 2024, halfway through the project, a court opened a safeguard procedure for the company; in December 2025 this became receivership, and on 6 January 2026 the court ordered judicial liquidation, according to the official gazette notices.

What Happened to Connecting Food

The French official gazette, BODACC, records three court decisions. On 10 December 2024 the court opened a safeguard procedure, a French process that protects a company still able to pay its debts while it reorganises. On 9 December 2025 it converted this into receivership (redressement judiciaire), used when a company can no longer pay. On 6 January 2026 it converted that into judicial liquidation and appointed a liquidator in Versailles. The list of creditors' claims was filed in January 2026. No buyer for the business or its technology has been announced.

The Technology: A Digital Twin for Each Batch

The CORDIS report describes "digital twins linking farm and production data to finished products at batch-level", data standardised to the GS1 EPCIS industry norm, and a blockchain providing "control of consent, ownership and confidentiality" for shared data. Its supplier audits could be configured for safety, environmental or social criteria. The company said its customers each assessed "approximately 15,000 actors" in their supplier bases through the platform.

What the EIC Project Promised, and What CORDIS Shows

DIGI-TRUSTY promised to "unleash transparency" in food supply chains through digital twins. The report, covering the period to July 2025, lists the three capabilities as developed and says the company had "multiple strategic customers including retailers and cooperatives". It does not mention the safeguard procedure opened seven months earlier, and it says the company was "actively pursuing private investment to complete funding". No new investment was announced.

1. Traceability and audit platformDeliveredThree capabilities, per CORDIS.
2. Follow-on investmentNot raisedNone announced.
3. A viable companyFailedLiquidated January 2026.

Before the EIC Project

In February 2022 Connecting Food had raised €3.2 million from IDIA Capital Investissement, LeadBlock Partners and business angels, bringing its total to about €5 million. Its published accounts show revenue rising from €373,000 in 2020 to €612,000 in 2022, while net losses stayed between €1.8 million and €2.0 million a year.

The Money

The public register summary shows no accounts after 2022, although filings were made in 2023 and 2024. With losses of about three times revenue, the company depended on outside money. CORDIS does not show how much of the grant was paid, and no EIC Fund investment was announced under the blended award.

Why Europe Should Care

The EIC funded a food-traceability platform with large European food companies as customers. The technology was delivered, but the company could not finance itself, and the EU's own project record was silent about the court procedure while it was under way.

The Verdict

Connecting Food, its liquidator and the EIC have not been asked for comment for this article. It is based entirely on public records and company statements, linked throughout.