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€10 million to develop next-generation industrial monitoring solution
The EIB will provide a €10 million financing to support the R&D strategy of the Spanish scale-up Worldsensing, a widely recognised Internet of Things (IoT) pioneer that focuses on designing IoT solutions for monitoring sensors and operates in more than 60 countries. The EIB long-term and advantageous financing of Worldsensing will support the company’s innovation efforts…
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€20 million venture loan for Spire Global
Today at Web Summit 2020, the EIB and Spire Global, a company with the world’s largest multi-purpose constellation of satellites announced a venture debt financing agreement of up to €20 million. The financing will back capital expenditure and research and development (R&D) activities to further develop Spire’s constellation of small satellites and high-quality maritime, aviation and weather space data…