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IMPRESS_news

Accelerating biomass conversion technologies - Spinverse helped with 13 M€ EU grant

Avantium N.V. with nine partners across Europe were awarded with a € 13 million grant from Horizon2020's SPIRE programme. The project will integrate and scale up Avantium's new biorefinery process Dawn and novel catalytic process for bio-based MEG (mono ethylene glycol) Mekong. Avantium, with 6 M€ share of the grant leads the consortium called IMPRESS. Spinverse assisted Avantium and the consortium in preparing the winning application.

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LuxTurrim5G ecosystem builds the smart city of the future

Nokia Bell Labs driven industry group is building key enablers for fast 5G network based on smart light poles, which will form the digital backbone of future smart cities. The LuxTurrim5G ecosystem project has developed the 5G smart pole concept where 5G base stations, a variety of different sensors, video cameras, displays and other devices have been integrated to light poles. This creates a novel platform providing fast, low latency mobile communications and possibilities to exploit huge amount of data to make new digital services for smart cities. The solutions have been piloted already during last two years at Nokia Campus in Espoo, Finland, and now the plans are to expand the piloting to real environment in Kera region of Espoo.

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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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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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