Insights

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.

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.

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€.

Mirka, the Finnish surface finishing specialist previously launched an Innovation Challenge to be able to develop new ideas and ways of working, regarding dust measurement in workplaces, inviting visionaries and innovators to tackle a challenge formed by dust. Co-created with Spinverse, the Mirka Innovation Challenge is part of Mirka’s multisectoral SurfValue ecosystem to develop surface finish technologies of the future.

Lignin Industries from Sweden converts lignin so it can be blended with virgin and recycled thermoplastics to create new types of bioplastics. Lignin Industries recently secured 4.4. M€ funding from the EU Innovation Fund to help them financing the expansion of the first-of-its-kind large-scale production site located in Sweden. Lignin Industries secured their success in the highly competitive application process with support from Spinverse funding experts.

Europe’s healthcare leaders will meet on 14-16 June 2022 at the HIMSS22 European Health Conference & Exhibition in Helsinki, Finland. Helsinki University Hospital will showcase their expertise and results of joint R&D with companies through the CleverHealth Network ecosystem and “E3 Excellence in Pandemics Response” project. These two entities are part of the inspiring programme at the Finnish Pavilion, where Finnish know-how on health technologies is on display for the international participant group of healthcare pioneers and innovators. Spinverse team coordinates the CleverHealth Network (CHN) ecosystem and facilitates the joint work in the E3 project, and will be present at the HIMSS22 event.

Long COVID, a research and innovation project funded by the European Union’s research and innovation programme Horizon Europe has just been launched on 1^st 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.

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.

The LuxTurrim5G ecosystem and its product offering were proudly showcased at the Expo 2020 Dubai. In March, the LuxTurrim5G ecosystem arranged a VIP event at the Expo to present the ecosystem offering, partners and solutions to a group of ecosystem stakeholders. Finnish innovations gained a lot of attention in Dubai Expo: Finland pavilion actually hit the mark of one million guests before the exhibition closes its doors on 31 March 2022.

The EuroPAT-MASiP project with 28 partners from all over Europe was completed in August 2021, demonstrating a successful and significant overall outcome. The project, funded by the ECSEL JU and national funding agencies, aimed to reinforce the European semiconductor manufacturing position by focusing on the semiconductor and microelectromechanical systems (MEMS) packaging. The results of the project have an impact on the development of new packaging technologies, production and test equipment, as well as on innovative applications by European electronics, component and system manufacturers. Spinverse prepared the funding application and supported the project coordinator on the project’s day-to-day management, communications and dissemination.