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Spinverse supported Resand Ltd. in building a business case to unlock debt funding for international growth

Resand Ltd, a Finnish technology company specialising in the regeneration and recycling of foundry sand, has collaborated with Spinverse funding experts to identify and apply for suitable funding to accelerate the international expansion of their services. Consequently, Resand is now able to meet the growing demand for sand recycling and contribute to the preservation of the world’s limited sand resources and biodiversity.

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Spinverse supported ANDRITZ in securing EUR 10 million Business Finland funding for their R&D programme to double value from wood without more harvesting

Spinverse’s customer ANDRITZ, an international technology group, is launching a comprehensive research and development programme called BioCircleToZero, which aims to double the value derived from wood without harvesting more trees. Business Finland has granted ANDRITZ EUR 10 million in funding for the BioCircleToZero programme for leading companies. An additional EUR 20 million will be provided by Business Finland to partners contributing to the programme. Spinverse experts supported ANDRITZ in the funding proposal phase with a successful outcome. 

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Spinverse supported Metsä Group in securing EUR 86.5 million in funding from the Innovation Fund

The 3D Fibre project aiming to commercialise a new Muoto™ packaging business for Metsä Group was highly scored in the European Commission's competitive evaluation process during 2024. Metsä Group has now completed the grant negotiations with the European Union on the co-financing for the first commercial Muoto™ mill planned for construction in Rauma, Finland. Spinverse funding experts provided Metsä Group with support during both the project proposal phase and the Grant Agreement negotiations that followed the positive evaluation.

Novel moulded fibre packaging to replace fossil-based packaging
 

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EU Innovation Fund to grant EUR 26 million to Hystar’s green hydrogen project

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. 

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Three completed projects within the CleverHealth network show promising results in areas advancing healthcare

The CleverHealth Network ecosystem led by HUS Helsinki University Hospital has been a hub of groundbreaking projects aimed at transforming healthcare through innovation and collaboration. Spinverse has been facilitating this ecosystem every step of the way from its preparation and establishment in 2017. Three projects were recently completed, demonstrating significant outcomes: E3 Excellence in Pandemic Response and Enterprise Solutions (E3), eCare for Me, and the EU project AICCELERATE. The CleverHealth Network ecosystem work is funded by Business Finland and participating organisations. 

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Energy ECS project: Driving economic impact and real-world innovation

Over the course of its 42-month duration, the Energy ECS project, funded by the Chips JU, has been a remarkable journey of innovation. Supported by Spinverse in proposal preparation and project management, this initiative was led by Tietoevry Finland. The project brought together 28 partners from across 8 European countries to revolutionise smart and secure energy solutions for the future of mobility.

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Horizon Europe grant of EUR 11.9 million awarded to DTRIP4H project to transform healthcare research infrastructures through cutting-edge technologies

The DTRIP4H consortium, supported by Spinverse's digital health team during their project proposal phase, has been awarded a substantial EUR 11.9 million lump sum grant from Horizon Europe. This new initiative called ‘Decentralized Health Digital Twin Ecosystem Consisting of RIs (DTRIP4H)’ aims to transform European healthcare research infrastructures by using cutting-edge generative AI and digital twin technologies integrated with virtual reality (VR). Digital twin technologies driven by generative AI will enable the creation of virtual models of physical systems, allowing researchers to test and enhance real-world processes.

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PREDICTFTD project to revolutionize frontotemporal dementia diagnosis was awarded EUR 7.99 million by Horizon Europe

Spinverse supported the groundbreaking PREDICTFTD project, an ambitious Horizon Europe initiative with a budget of almost EUR 8 million, aiming to transform the diagnosis and treatment of frontotemporal dementia (FTD). With a total duration of 54 months, this project seeks to accelerate the validation of predictive liquid biomarkers, which hold the potential to significantly enhance early detection and classification of this debilitating condition.

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Fraunhofer collaborated with Spinverse to secure Chips pilot line funding of EUR 730 million for Advanced Chip Packaging

Spinverse successfully supported Fraunhofer in securing a substantial grant with a total of EUR 730 million for a new Microelectronics pilot line under the recent EU Chips Act. The funding from Horizon Europe and Digital Europe Programmes is earmarked for a groundbreaking APECS pilot line focused on Advanced Packaging and Heterogeneous Integration of Electronic Components and Systems.

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