Insights

Hystar, a Norwegian manufacturer of proton exchange membrane (PEM) electrolysers for the large-scale production of green hydrogen, has been granted EUR 26 million by the Innovation Fund. The grant will be used to install and operate Hystar’s automated gigawatt (GW) production line for its PEM electrolyser stacks in Norway. The project is set to radically increase the PEM electrolyser capacity in the EU by introducing a novel mass-manufactured high-efficiency PEM stack to the market. Spinverse experts supported Hystar in their successful funding proposal. 

Innovation is largely driven by sustainability. Sustainability-driven innovations help both creating more value for a company’s products and services. Such innovations also help reduce costs through increased efficiency in energy and material use as well as in optimised supply chain operations. Instead of just focusing on the operations of the own organisation, system-level thinking is usually needed to identify challenges and opportunities throughout the entire value chain of products. Spinverse’s service portfolio includes sustainability advisory to help you tackle these aspects along your whole innovation journey.

Lixea Sweden AB, a technology development company with a mission to repurpose waste into profitable and sustainable materials, has been granted EUR 21.5 million by the Innovation Fund. The grant will be used to build and operate a commercial pilot plant, demonstrating a completely new method for biomass fractionation based on ionic liquids. The project will enable the replacement of fossil materials with biobased alternatives in applications where it has not been previously possible, thereby advancing the transition to a bio-based economy. Spinverse experts supported Lixea in their successful funding proposal.

In March, we are happy to celebrate the accomplishments of our colleagues and their promotions at Spinverse. Their proactiveness, strong delivery in large consortium projects we run with our customers and exceptional project management skills have significantly contributed to our success and generated positive feedback from our customers. In addition, we celebrate yet another 10-year anniversary at Spinverse. 

Nokian Tyres announced in its release published yesterday 26^th Feb 2025 that it is to lead the FUTUREPROOF research, development and innovation programme to confront the key challenges of future mobility through solutions related to for example the digitalisation of tires and traffic, sustainable product lifecycle and advanced manufacturing technologies. The tire maker said that the mission of the five-year programme is to futureproof resilient European on- and off-road mobility by crosslinking industries to join the common cause. Spinverse supported Nokian Tyres in building the FUTUREPROOF plan and securing funding for this ambitious R&D&I  programme.

Plugit Finland, a company specialised in smart charging systems for electric vehicles, has been awarded funding to build an electric vehicle charging network under the Connecting Europe Facility (CEF) transport programme. Spinverse provided Plugit Finland with project proposal services, contributing to the successful outcome. 

Spinverse offers not only a wide range of public funding services, but also equity and debt services for companies seeking for growth with additional equity vendors and debt providers. We can help you find the most optimal solution for the whole funding roadmap including grants, different equity-based funding sources, strategic partners and debt. Regardless of what type of funding you are looking for, you need to consider certain sustainability aspects. Spinverse can help you identify and define such aspects in your  project.

The Circular Bio-based Europe Joint Undertaking (CBE JU) is a public-private collaboration  that invests in projects deploying competitive, sustainable, and circular bio-based industries in Europe. It aims at accelerating the innovation process and development of bio-based innovative solutions, while supporting EU’s zero-pollution ambition, climate neutrality target, and the restoration of biodiversity. Spinverse funding expertise includes strong understanding on sustainability methodologies in Life-cycle Assessment (LCA) and Life-Cycle Sustainability Assessment (LCSA).

The European Union is driving forward its sustainable transportation agenda by allocating EUR 1 billion to the Alternative Fuels Infrastructure Facility (AFIF) for 2024-2025. This initiative supports the development of electric and hydrogen fueling infrastructure across the Trans-European Transport Network (TEN-T), in line with the EU's decarbonisation targets and the new alternative fuels regulation, as well as the ReFuelEU and FuelEU maritime initiatives.

In February, we are delighted to welcome two new colleagues at Spinverse. Sanaz Jamalzadeh joins the Digital Health team and Evangelos Sklavounos joins the Manufacturing team, each bringing onboard subject matter expertise in cancer research, machine learning and decarbonisation in the manufacturing industry.