Insights

CTO of the Year Europe 2022 winners lead the way in sustainability in ICT and textile supply chains

This prestigious and annual recognition for innovative and inspiring leadership that creates groundbreaking solutions in their respective companies were given for the 7th time. In the Large Enterprises category, the Jury selected CTO Erik Ekudden of Ericsson as the award winner. In the Small and Medium-sized Enterprise (SME) category, the recognition was awarded to CTO Madhava Venkatesh of TrusTrace.

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Spinverse is one of the partners in EU project to increase understanding of the mechanisms underlying the development of Long Covid

Long COVID, a research and innovation project funded by the European Union’s research and innovation programme Horizon Europe has just been launched on 1st of June 2022. The pan-European project with a total budget of 8.2 M€ is coordinated by Helsinki University Hospital (HUS). The project consortium with 12 partners aims to understand the mechanisms behind the long-term symptoms following COVID-19 infection. Spinverse is one of the partners in this project making a difference to Long Covid Syndrome (LCS) sufferers.

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Circular Bio-based Europe Joint Undertaking makes an impact on circular bioeconomy in Europe

The Circular Bio-based Europe Joint Undertaking (CBE JU), the follower of the Bio-based Industries (BBI JU) partnership, is set to fund excellent collaborative projects and the first call for project proposals will open before the summer break 2022. The preliminary call topics indicate a wide range of growth opportunities for companies working in this sector. The search for strong partners to collaborate in consortium projects is already underway. Is your company considering joining this initiative?

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European Defence Fund calls for 2022 open soon with many growth opportunities for companies developing solutions in the sector

The European Defence Fund 2022 will offer many opportunities for the defence industry companies. The projects are divided into capability development and research projects, each with their own special characteristics. We estimate that the call texts for this year’s European Defence Fund application round will be published in June 2022.

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Nokia is building Competitive Edge for sustainable future networks

Nokia is set to gain a new competitive advantage from edge computing and edge intelligence, both considered essential elements in 5G networks. They can be considered the two key elements to enable sustainable digital infrastructure and networks in the future. Spinverse supported Nokia in the preparation of their funding proposal, which secured Nokia 20 M€ in Business Finland funding for leading companies.

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Recent study indicates a rapid demand for skilled work force in the Finnish battery sector

The rapid growth of electrification of traffic and energy storages will create a large demand for skilled workforce in Finland.According to most estimates, the number of electric vehicles sold will grow by about 20–30 % annually until 2030.The size of the growth will lure skilled employees in an unprecedented manner. Also, our neighbouring countries will attract employees from Finland,” says Timo Ropponen, Director and Team leader for Manufacturing and Energy at Spinverse. 

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Could Venture Debt provided by the European Investment Bank help grow your business further?

European Investment Bank (EIB) Venture Debt is a long-term financing instrument meant to provide significant cash runway in-between financing rounds while minimising dilution of existing owners. This funding allows a company to fully focus on its business after early commercialization and grow to secure stability. It is well suited to fast-growing companies with significant innovation potential and/or to enterprises driven by research and innovation.

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