Insights

Spinverse recently hosted the Consortium and General Assembly Meeting of European Defence Fund (EDF) project ARCHYTAS in Finland. ARCHYTAS (Architectures based on Unconventional Accelerators for Dependable / Energy-Efficient AI Systems) is a EUR 20 million European Defence Fund (EDF) project led by IVECO Defence Vehicles and consisting of over 20 European partners advancing defence applications to boost more effective defence operations. 

Sumitomo SHI FW (SFW), a technology provider of integrated energy solutions for decarbonised energy, has been secured a Business Finland ‘Veturi’ funding of EUR 10 million for leading companies. Spinverse supported SFW during their project proposal phase with a successful outcome.

Nokia has been selected to lead PROACTIF, a project funded by the European Union’s Chips Joint Undertaking. The project aims to strengthen Europe’s technology resilience and leadership in ECS technologies and support the autonomy of the European Drone and Robotics industry. Spinverse provided the PROACTIF consortium with project proposal services at the project development phase and will support the PROACTIF project consortium in the project’s day-to-day management.

In recent years, cultural sectors across Europe have faced significant financial challenges. With the local funding drying up, the need for the sector to explore alternative sources of support, for example from the EU funding, has become more pressing. Here are some insights into the impact of funding cuts in Finland, Sweden and Germany, and into the potential of role of the EU in supporting cultural initiatives. Spinverse can provide advisory services to identify funding instruments for the culture sector. 

Ecocem is a pioneer of high-performance technology that significantly reduces CO₂ emissions in the cement and construction industries. As part of a consortium consisting of leading academic and industrial actors in Europe, Ecocem’s project was awarded EUR 4 million in research funding from the European Innovation Council (EIC). The grant is part of the EIC Pathfinder Challenge 2024 and will support work which aims to optimise the environmental compatibility of Electric Arc Furnace (EAF) slag for low-carbon cement. 

The Patria-led European defence industry consortium AI-WASP, which consists of 16 leading defence companies, has been selected by the European Commission (EC) to receive nearly EUR 45 million in funding. This grant is part of the EDF 2024 funding round that allocated nearly EUR 1 billion to collaborative European defence research and development. Spinverse helped prepare the successful proposal and will support Patria and the consortium in the project’s day-to-day management.

Securing public funding for large-scale innovative projects can be a daunting task. At Spinverse, we understand the challenges that our customers face when navigating the complex world of funding proposals. As part of our Advisory services, we offer a comprehensive viability assessment designed to evaluate and enhance the potential of your projects, ensuring they meet the stringent requirements of funding instruments — such as the Innovation Fund. 

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.

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. 

Gradyent, a Dutch technology provider within district heating, recently secured project funding of EUR1.7 million from the EU’s LIFE programme.  In the project, energy utilities will develop solid investment plans to modernise and decarbonise district heating networks. The successful project proposal was supported by Spinverse’s experts.