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From EIC Accelerator Grant to €3M Seed: Zymvol's Designer Enzymes

October 7, 20262,256 words12 min

Enzymes are the catalysts of living cells, and a growing share of drug and fine chemical makers want to use them in factories instead of metal catalysts, solvents and heat. The bottleneck is finding or engineering an enzyme that does the job, which usually means building and testing thousands of variants in the lab. Zymvol Biomodeling, founded in 2017 and now based in Barcelona, does most of that work on computers: it simulates how candidate enzymes bind and transform a target molecule and sends only the best few to the lab.

In April 2019 the European Commission selected Zymvol in the 3 April 2019 cut-off of the EIC SME Instrument Phase 2, then part of the Horizon 2020 EIC pilot, for UNLOCK-EDD, "UNLOCKing next generation computer-guided Enzyme Discovery and Design". The list names Zymvol, under its then registered seat in Lleida, as the project's only beneficiary. The grant was €1,301,496.88 towards a total cost of €1,859,281.25, according to CORDIS. Seven years on, the company is active, has raised two private rounds and signed a manufacturing partner. Not every promise of 2019 was kept.

€1.30MEU grant for UNLOCK-EDD, grant only
5 to 10xMore computational enzyme variants, per the final report
€4.3MPrivate rounds announced, 2023 and 2025
€1M to €2.5MAnnual sales bracket in the register, against €11.17M planned for 2022

Company file

Legal entity
Zymvol Biomodeling SL, CIF B25825563, Registro Mercantil de Lleida
Incorporated
25 April 2017, in Lleida
Headquarters
Pau Claris 94, Barcelona, since 2023; lab at the Barcelona Science Park
Leadership
Maria Fátima Lucas, co-founder, CEO and board chair
Board
Elaia Partners, Pierre Monsan, John Nicols (former Codexis CEO)
Investors
Elaia Partners, Faber, Übermorgen Ventures
EIC project
UNLOCK-EDD, CORDIS 873593, October 2019 to March 2022
Staff
"30+" per the company; 1 to 9 per Infoempresa

Where Zymvol Stands Now

Zymvol is an active company. Its register entry shows new officers as recently as September 2026, when a new company secretary, a vice-secretary and three proxies were appointed, among them its chief operating officer Marina Cañellas and chief scientific officer Ferran Sancho, according to BORME acts collected by empresia. Infoempresa also lists it as active, with its last BORME notice on 28 September 2026. In August 2026 the certification body Applus renewed its ISO 9001 quality certificate, first issued in September 2020, until September 2029, according to the certificate the company publishes.

The biggest recent step is a collaboration with Olon, an Italian contract manufacturer of active pharmaceutical ingredients, announced in February 2026. Zymvol's design platform supports Olon's projects, and Zymvol gets access to Olon's fermentation, process development and manufacturing for its own programmes and those of its clients, "from enzyme discovery to production at ton-scale", according to Manufacturing Chemist. Speciality Chemicals Magazine puts Olon's microbial fermentation capacity at 5,000 cubic metres and reports that no financial terms were disclosed.

The Technology: Testing Enzymes in Silico

An industrial enzyme project usually starts with a reaction a customer wants to run, such as making one mirror-image form of a drug intermediate. The classic route is directed evolution: mutate an enzyme at random or by design, screen thousands of variants in the lab and repeat. Zymvol replaces most of the screening with molecular simulations on high-performance computers, which model how a substrate fits into an enzyme's active site and how mutations change that fit. In 2019 it promised CORDIS that its predictions could "replace up to 90% of experimental tests", cut development cost tenfold and development time by half.

Those figures come from the company and have not been tested independently. Its current marketing quotes similar numbers: in its 2025 funding announcement, reported by Tech.eu and Vestbee, Zymvol said its simulations replicate experimental conditions with more than 90% accuracy, cut lab work by 90% and raise the success rate of discovery and design campaigns above 75%. What can be checked is the product list. Its website now sells enzyme discovery and enzyme optimization as services, a reaction screening tool called Zymscan, a feasibility assessment, "Biomatched Kits" of commercial enzymes picked for a customer's reaction in partnership with the enzyme supplier Prozomix, and lab validation at its own wet lab. A management platform, Zymbrain, is listed as "coming soon".

"In 2023 we decided it was time to start building our own product. That comes with a complete shift in company culture."

Maria Fátima Lucas, CEO, to SynBioBeta, April 2025

What UNLOCK-EDD Promised, and What CORDIS Shows

The grant agreement was signed on 10 September 2019 and the project ran from 1 October 2019 to 31 March 2022, according to CORDIS. The company's own list of public projects gives an end date of 30 September 2021; no source explains the difference. The project had two technical goals: integrate artificial intelligence into the design software to improve its predictions and output, and develop a software module to discover and design "special purpose" enzyme kits, called ZYME-Kit, and test them in industry. Its commercial goals were to deploy the upgraded software in Zymvol's ZYMEVOLVER platform, obtain regulatory compliance, and grow internationally. The objective said Zymvol planned "to capture €11.17M by 2022 after entering into the North American market".

The final periodic report, covering January 2021 to March 2022, says AI had been incorporated into the design pipeline, that machine learning now feeds experimental data back into the models, and that the output of computational enzyme variants had risen "by 5-10 fold". The company had also obtained ISO 27001 and ISO 9001 certification. The enzyme kits were not finished: ZYME-Kit was "currently in experimental validation stage", and the report said "by the end of the project, we expect to have in our portfolio 2 new enzyme kits available". No launch of a ZYME-Kit was announced. In February 2025, almost three years after the project ended, Zymvol still listed bringing "its first custom enzyme kits" to market among the uses of its seed round, according to Biotech Spain and Vestbee. The kits it sells today are commercial enzymes chosen with Prozomix, not enzymes it designed in-house.

  1. AI in the design pipelineDeliveredMachine learning integrated and 5 to 10 times more variants produced, per the final report; not independently tested.
  2. ISO certificationDeliveredISO 27001 and 9001 obtained; ISO 9001 renewed until 2029.
  3. Two ZYME-Kit enzyme kitsLateIn validation at project end; kits of partner enzymes sold only after the 2025 round.
  4. North American marketUnverifiedA Boston office was reported in 2023 and 2025; no US sales figures are public.
  5. €11.17M revenue by 2022Not achievedThe register places annual sales between €1M and €2.5M.

The software goals were met by the project's end, by the company's account. The product goal slipped by years and changed shape. The revenue goal was missed by a wide margin: empresia states that Zymvol has "una facturación anual entre 1.000.000 y 2.500.000 euros", an annual turnover between €1 million and €2.5 million, against €11.17 million planned for 2022. Infoempresa gives sales of less than €2 million. Zymvol's filed accounts for 2020 to 2024 are deposited with the Lleida register but are not free to read, so its exact revenue, result and equity could not be verified.

What Zymvol Has Achieved Since the Award

In September 2020 Maria Fátima Lucas, a Portuguese chemist, won one of three main prizes of €100,000 in the EU Prize for Women Innovators 2020, as Catalonia.health also reported. The company moved its registered seat from Lleida to Barcelona in January 2021 and to its current offices in 2023.

Private money came four years after the EIC grant. In February 2023 Zymvol raised €1.3 million in a round led by the venture firm Elaia Partners, to open a lab at the Barcelona Science Park and grow its team of "more than 20", according to AseBio and Catalonia.health; both said Zymvol had invested €4 million in R&D by then and completed more than 80 projects. The 2023 announcements called it a seed round; the 2025 announcements call Elaia a pre-seed investor. In February 2025 Zymvol closed a €3 million seed round led by Faber, with Elaia and Übermorgen Ventures, by which time it reported more than 100 projects for clients including Axplora, Medichem and Sanofi.

The register reflects both rounds and a change in the shareholding. In early 2023 the share capital was reduced by €3,164.80 and the CEO was registered as sole shareholder; in July 2023 the capital was increased, Elaia Partners and Edouard Rozan were appointed directors alongside the CEO; two further increases followed in April 2025, according to BORME acts on empresia. The other two founders named on CORDIS in 2019, Emanuele Monza and Victor Gil, are not on Zymvol's current leadership page. Pierre Monsan joined the board in 2024, and John Nicols, who ran the US enzyme engineering company Codexis, joined it in 2025, according to the register and SynBioBeta.

Zymvol has also kept winning public money for research. CORDIS lists it in eight other EU projects: a €50,000 SME Instrument Phase 1 study, ZYMVOLVER, in 2018; the bio-based industry project SMARTBOX; and Marie Skłodowska-Curie training networks, the latest of which, COMENZE, pays it €251,971.20 until 2029. Its website adds Spanish grants, among them €697,753.65 from the Recovery Plan for a project called BRAINZYME and a Eurostars project, OXYMEL, for which it gives a figure of €1,115,053.20.

How big is Zymvol?

The sources disagree. The company said it had more than 20 staff in 2023 and 2025 and lists "30+" professionals today. Infoempresa gives 1 to 9 employees, and the register's sales bracket of €1 million to €2.5 million fits a small services company. The difference cannot be resolved without the filed accounts.

Why Europe Should Care

Enzymes let chemical and drug makers run reactions at room temperature and normal pressure with less waste, which the UNLOCK-EDD report presented as a step towards "a true circular bioeconomy". The European Commission set out plans to boost biotechnology and biomanufacturing in March 2024, in a communication that promised regulatory sandboxes and an EU Biotech Hub, and in December 2025 it proposed a Biotech Act aimed in part at reducing dependence on suppliers outside the EU. A European company that designs enzymes for European pharma manufacturers, now paired with an Italian producer, is a small part of that supply chain.

What the company said in 2019

Software that replaces up to 90% of lab tests, two enzyme kits, entry into North America and €11.17 million of revenue by 2022.

What the record shows

AI added to the software and ISO certification on time; kits years late and built from a partner's enzymes; sales of €1 million to €2.5 million; €4.3 million of private money and a manufacturing partner by 2026.

The Verdict

Slow, but still building

Zymvol used its EIC grant for what it said it would do on the software side, and it is still in business seven years later with investors, a board of enzyme industry veterans and a route to manufacturing through Olon. Its 2019 business plan was far too optimistic: the products came late and the revenue target was missed by a wide margin. Whether its shift from services to its own enzyme products pays off is the open question, and the public record does not yet answer it.

Zymvol has not been asked for comment for this article. It is based entirely on public records, company statements and EU project data, linked throughout.

Industry

Materials and chemicalsIndustrial biotechnology

Focus
  • Enzyme design
Technologies
  • Molecular simulation
  • Artificial intelligence
Keywords
  • Biocatalysis
  • Enzyme engineering
  • Fine chemicals
  • Pharmaceutical intermediates

Start with the EIC Accelerator

Expert review for Step 1 and Step 2, suitability assessment and grant screening.

Eureka Network

Eureka Network offers multiple international collaborative R&D programs including Network Projects, Clusters, Eurostars, Globalstars, and Innowwide, with funding ranging from €50K to €6.75M per project depending on the specific program. The network focuses on market-driven innovation and deep-tech development across diverse technology sectors including ICT/Digital, Industrial/Manufacturing, Bio/Medical Technologies, Energy/Environment, Quantum, AI, and Circular Economy. Applicants include SMEs, large enterprises, research organizations, universities, and startups, with Eurostars specifically targeting R&D-performing SMEs.

EIC Transition

EIC Transition provides up to €2.5 million in funding to bridge the 'valley of death' between laboratory research and market deployment, focusing on technology maturation and validation. The program supports single legal entities or small consortia of 2-5 partners including SMEs, start-ups, spin-offs, and research organizations. Technology areas include Health/Medical Technologies, Green/Environmental Innovation, Digital/Microelectronics, Quantum Technologies, and AI/Robotics.

EIC STEP Scale-Up

EIC STEP Scale-Up offers substantial equity investments of €10-30 million for established deep-tech companies ready for hyper-growth and large-scale expansion. The program targets SMEs or small mid-caps with up to 499 employees who have secured pre-commitment from qualified investors. Focus areas include Digital & Deep Tech (Semiconductors, AI, Quantum), Clean Technologies for Net-Zero goals, and Biotechnologies.

EIC Pre-Accelerator

EIC Pre-Accelerator is a pilot program providing €300,000-€500,000 in funding for early-stage deep-tech development and preparation for the EIC Accelerator program. The initiative is exclusively available to single SMEs or small mid-caps from 'Widening countries' to support regional innovation development. The program covers deep-tech innovations across physical, biological, and digital domains.

EIC Advanced Innovation Challenges

EIC Advanced Innovation Challenges is a new pilot program offering €300,000 (Stage 1) and up to €2.5 million (Stage 2) for breakthrough deep-tech solutions through ARPA-style staged funding with demand-side integration. The program targets single entities or small consortia (2-3 partners) including SMEs, start-ups, and research organizations. Focus areas include Physical AI for autonomous robotics and New Approach Methodologies (NAMs) for animal-free biomedical testing, requiring TRL 4 entry with end-user commitment.

EIC Pathfinder

EIC Pathfinder offers up to €3 million for Open calls and up to €4 million for Challenge-based calls to support early-stage research and development with proof-of-principle validation. The program requires research consortia with a minimum of 3 partners from 3 different countries, including universities, research organizations, and SMEs. Technology focus areas include Health/Medical, Quantum Technologies, AI, Environmental/Energy, and Advanced Materials.

EIC Accelerator

EIC Accelerator provides flexible funding options including blended finance (€2.5M grant + €0.5M-€10M equity), grant-only (up to €2.5M), or equity-only arrangements for scale-up and market deployment of breakthrough innovations. The program targets SMEs, start-ups, and small mid-caps with up to 499 employees, with MedTech/Healthcare representing 35% of funded projects. Other technology areas include Biopharma, Energy, AI, Quantum, Aerospace, Advanced Materials, and Semiconductors.

Innovation Partnership

Innovation Partnership facilitates collaborative innovation between public and private sectors with typical funding of €1-5 million per project. The program supports cross-sectoral strategic technologies through public-private partnerships and consortia. Projects focus on addressing societal challenges through collaborative innovation approaches.

Innovation Fund

The EU Innovation Fund provides substantial funding of €7.5 million to €300 million for large-scale demonstration of innovative low-carbon technologies. The program targets clean energy, carbon capture, renewable energy, and energy storage technologies to accelerate the transition to a low-carbon economy. Applicants include large companies, consortia, and public entities capable of implementing large-scale demonstration projects.

Innovate UK

Innovate UK offers various programs with funding ranging from £25K to £10M depending on the specific initiative, supporting business-led innovation, collaborative R&D, and knowledge transfer. The organization funds projects across all sectors with particular focus on emerging technologies and supports UK-based businesses, research organizations, and universities. Programs are designed to drive economic growth through innovation and technology commercialization.

Industrial Partnership

Industrial Partnership provides €2-10 million in funding for industrial research and innovation partnerships focusing on manufacturing, industrial technologies, and digital transformation. The program supports industrial consortia and research organizations in developing collaborative solutions for industrial challenges. Projects aim to strengthen European industrial competitiveness through strategic partnerships.

Eurostars

Eurostars is a joint EU-Eureka program offering €50K-€500K for international R&D collaboration specifically led by SMEs. The program takes a bottom-up approach, accepting projects from all technology fields without predefined thematic restrictions. R&D-performing SMEs must lead the consortium and demonstrate significant R&D activities.

LIFE Programme

The LIFE Programme provides €1-10 million in funding for environmental protection, climate action, and nature conservation projects across the European Union. The program supports environmental technologies, climate adaptation strategies, and biodiversity conservation initiatives. Applicants include public authorities, private companies, NGOs, and research institutions working on environmental and climate challenges.

Neotec

Neotec is a Spanish program offering €250K-€1M in funding for technology-based business creation and development, supporting the growth of innovative Spanish SMEs and start-ups. The program covers all technology sectors and aims to strengthen Spain's technology ecosystem. Funding is specifically targeted at Spanish technology-based SMEs and start-ups to enhance their competitiveness and market presence.

Thematic Priorities

EU Thematic Priorities encompass various programs aligned with EU strategic priorities including green transition, digital transformation, health, and security initiatives. Funding amounts vary based on the specific program and call requirements, with projects designed to address key European challenges. Applicant eligibility varies by specific program and call, with different requirements for different thematic areas.
EIC AcceleratorBeneficiary Deep Dive#Zymvol#UNLOCK-EDD#enzyme engineering#biocatalysis#molecular modelling#Spain
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