Insights

Spinverse helped secure grant funding of 1.15 M€ for AGRIVI’s AI-driven technology to protect crops and comply with food safety

AGRIVI is an AgriTech company from Croatia, whose approach to solving the global food problem is through the digitalization of agriculture. The company was recently awarded by the European Innovation Council (EIC) with a grant of 1.15 M€, which will help them build an AI-driven agronomic adviser to support farms in meeting the EU compliance requirements for crop protection and food safety. Spinverse funding experts successfully supported the company in the highly competitive funding application process.

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The new Industrial investments team supports industry clients with their future growth

In response to an increased need for project financing know-how required by our industry clients and the public funding programs, Spinverse has set up a new Industrial investments team led by Jani Peurakoski. The team consists of five professionals with diverse competences to serve the industry clients seeking to implement and grow their industrial projects. The newly established team is capable of supporting customers across different financing instruments including investment grants and loans e.g. from Innovation Fund, export credit agencies or multilateral finance institutions such as European Investment Bank and Nordic Investment Bank.

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CH-Bioforce to receive up to 15 M€ from European Innovation Council for building a new biomass processing plant

CH-Bioforce is a Finnish start-up known for one of the world's leading technologies to gently extract all the main components of biomass in one process. As the end result are pure biomaterials that provide new alternatives as sustainable feedstocks for industries developing for example chemical, textile and packaging applications. In summer 2022 CH-Bioforce secured a significant funding decision of up to 15 M€ from the EIC Accelerator to build a biomass processing plant in Raisio in 2024. Spinverse supported the company in their successful funding application process.

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Welcoming five new experts to Spinverse

August at Spinverse was off to a great start by welcoming new colleagues to the team. Happy to introduce Panos Chronis, Simona Dell’Angelo and Laura Hänninen who will provide support to our clients in the health sector and ICT & electronics. We are also extending our warm welcome to Rahul Ashok and Samuel Nash who joined the Bioeconomy team and the Defence & Security team, respectively.

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Spinverse Oy acquires Swedish IMCG International AB to extend Nordic leadership in innovation funding consulting

Finnish innovation consulting company Spinverse Oy and Impact Management Consulting Group International AB (IMCG) from Sweden have today announced the merging of their operational activities. Joining forces with IMCG enables Spinverse to further strengthen their presence in the Nordics and beyond to help clients in building sustainable businesses for a better Europe. At the same time, the company will have almost 100 employees.

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Spinverse supported Patria-led European Defence Fund consortium in securing close to 100 M€ for future ground combat capabilities

The European defence industry consortium FAMOUS2 led by Patria and consisting of leading defence companies from nine European countries, has been selected by the European Commission (EC) to receive almost 95 M€ in funding from the first European Defence Fund (EDF) work programme worth a total of 1.2 B€. Spinverse helped plan and prepare the successful proposal and will support Patria in the project’s day-to-day management.

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Europe makes health a top priority through four main funding programmes

Several European programmes are implementing EU’s political priorities in the health area. With the new EU multiannual financial framework 2021-2027 and COVID-19 pandemic, the budget and programmes focusing on Health have evolved significantly. The four main opportunities in the area of Health are found under Horizon Europe, Innovative Health Initiative, the new post-COVID EU4Health programme and Digital Europe. Find here a summary of the main funding opportunities and upcoming calls for research organisations and companies developing innovations and solutions for the health sector.

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Spinverse supported Robocoast to become European Digital Innovation Hub and secure Digital Europe funding

The European Commission selected Robocoast as a European Digital Innovation Hub (EDIH) among the total of four EDIHs in Finland. The EDIHs will support activities to advance the digitalization of industry across different regions in Finland and Europe. Robocoast provides key competencies in cybersecurity, robotics, energy technologies, artificial intelligence, data analytics, 5G and IoT through 15 Finnish universities and two regional development companies. Spinverse supported Robocoast in the highly competitive application process and project building. The project has an overall budget of 3 M€.

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