Veröffentlichungsdatum: 8 Oktober 2024
Projektträger – zwischengeschaltetes Finanzinstitut
WISE SRLOrt
Beschreibung
The promoter is a medical device innovator focusing on neuromonitoring and neuromodulation devices. The project will support investments in research, development and innovation (RDI) to accelerate the advancement and developments of its product portfolio, thereby expanding the promoter's ability to improve patient outcomes.
Additionality and Impact
The Operation contributes to the InvestEU objective of research, development and innovation. The purpose of the loan is to provide direct, equity-type financing under the EIB's Venture Debt Instrument to support research, development and innovation activities of the innovative company 'WISE Srl', a medical device company based in Italy. WISE is a medical device company dedicated to developing next generation medical electrodes for neuromonitoring and neuromodulation. By creating knowledge externalities, the project is expected to provide significant socio-economic benefits, will strengthen Italy and Europe's position in the field of medical technologies, and will help to create and retain skilled staff engaged in the Company's RDI activities.
Thanks to the support of InvestEU, the EIB may provide long term financing in the form of venture debt to a highly innovative but high-risk early-stage company with no access to commercial debt. By contributing to extending the cash runway and therefore to de-risking the development plan of the company, the innovative EIB financing is expected to crowd-in third party investors (such as Venture Capitals, Strategic Investors, Private Equity players, etc.) and allow the company to accelerate its development and form strategic alliances. The project would not have been carried out (to the same extent) by the EIB without the InvestEU support.
Ziele
The project concerns the development of medical technology for neuromonitoring and neuromodulation to improve treatments and quality of life for patients undergoing brain surgery where neuromonitoring is in use and patients experiencing chronic neuropathic pain that are treated by means of neuromodulation.
Sektor(en)
- Industrie - Verarbeitendes Gewerbe/Herstellung von Waren
Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)
EUR 15 million
Gesamtkosten (voraussichtlicher Betrag)
EUR 30 million
Umweltaspekte
The Promoter's investments concern research, development and innovation activities that are expected to be carried out in existing facilities already authorised for the same purpose and would therefore not require an environmental impact assessment (EIA) under Directive 2011/92/EU. Full environmental details will be verified during appraisal.
Auftragsvergabe
The Promoter is a private company, not operating in the utilities sector and does not have the status of a contracting authority; thus the project is not covered by the EU directives on procurement. However, the Promoter's procurement procedures are expected to be in line with EIB guidelines for private sector projects. The Bank's services will verify details during the project due diligence.
Projektstatus
Unterzeichnet - 6/06/2024
Haftungsausschluss
Bis Finanzierungen vom Verwaltungsrat genehmigt und anschließend unterzeichnet werden, befinden sich die Projekte in der Prüfungs- oder Verhandlungsphase. Die Angaben auf dieser Seite sind daher unverbindlich.
Sie dienen lediglich der Transparenz und stellen nicht die offizielle EIB-Politik dar (vgl. auch die erklärenden Anmerkungen).