Insights

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Fortum receives significant funding to create industrial biovillage ecosystem

Fortum is launching a significant development project that aims to manufacture high-value products from agro residues and woody biomass to replace the use of fossil and other environmentally taxing raw materials. The project will be a part of Business Finland’s Bio and Circular Finland Program, which is aiming to make Finland the forerunner of the circular economy. Spinverse has actively participated in project planning and preparation.

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Shared victory in SmartSteel Innovation Challenge

A shared victory between Fraunhofer Institute IPM from Germany and Luleå University of Technology from Sweden, who both came up with ideas on how to trace steel products by using the materials own characteristics. That was the result of the SmartSteel Innovation Challenge 2018 arranged by Spinverse with SSAB and Sandvik Materials Technology.

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Platform of Trust: 5 million euros for a digital platform innovation for  construction and real estate business

Suomen Tilaajavastuu Oy was selected as one of the five Growth Engines in a competitive bidding by Business Finland. Spinverse assisted the company win 5 million euros as capital loan for the development of a data platform for the construction and real estate business. Growth engine status is granted for platform companies capable of building business worth more than 1 BEUR.

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