Farm Credit Armenia is a financial services cooperative that specializes in providing credit solutions to the agricultural sector. The organization offers various loan products tailored to meet the needs of farmers and agribusinesses. As a responsible lender, it aims to support the development and sustainability of agriculture in Armenia. The cooperative is supervised by the Central Bank of Armenia and operates with a mission to enhance the financial well-being of its members.
Gheorghe Asachi Technical University of Iași
Grant in 2024
Gheorghe Asachi Technical University of Iași is the oldest engineering education university in Romania.
Simtel Team
Grant in 2024
SIMTEL Team is a greentech company focused on the construction and maintenance of photovoltaic power plants. The company specializes in automation, offering solutions for drive regulation, control systems, and process optimization. In addition to its renewable energy activities, SIMTEL Team provides comprehensive services, including the design, supply, and implementation of photovoltaic systems, along with corrective and preventive maintenance for these installations. Furthermore, it serves as a primary provider of turnkey services for telecommunications operators in Romania, demonstrating its versatility across multiple sectors.
Moldovan Railways
Grant in 2023
Moldovan Railways is the country's sole railway operator, responsible for passenger and cargo transportation as well as railway infrastructure maintenance.
Nanordica Medical
Grant in 2022
Nanordica Medical is an Estonian medical technology company specializing in the treatment of chronic wounds through its innovative nanotechnology. The company has developed a patented wound dressing that combines copper and silver in nanofibers, effectively removing infection and promoting healing. In addition to its human applications, Nanordica Medical has launched Ravimus Vet, a veterinary product designed for animal wounds. The company is focused on addressing hard-to-heal human wounds, such as diabetic foot ulcers, and has recently completed a clinical trial demonstrating superior efficacy results compared to traditional silver ions-based dressings. By utilizing its advanced nanotechnology, Nanordica Medical aims to provide a more effective antibacterial solution for a broader range of bacteria, including drug-resistant strains.
BOX2M
Pre Seed Round in 2021
BOX2M is a technology company founded in 2016 and headquartered in Bucharest, Romania. Initially launched as a research and development program, it focuses on providing B2B industrial IoT solutions that automate industrial processes. BOX2M develops a flexible ecosystem tailored to the specific needs of clients, including industrial and retail sectors, energy and utility providers, telecom operators, technology vendors, system integrators, and infrastructure management companies. By offering custom-designed systems, BOX2M enables its clients to reduce operational and capital expenditures, improve efficiency, and enhance overall operating performance.
TransfoElectric
Grant in 2014
TransfoElectric is a high-tech startup located in Riga, Latvia, specializing in wireless charging technology for electric vehicles. The company focuses on developing innovative wireless power transfer methods, offering solutions that include home chargers, public wireless charging stations, and receiver modules for electric vehicles. Additionally, TransfoElectric is working on dynamic wireless charging spots for en-route use and wireless charging surfaces for various consumer products. By providing accessible cordless energy solutions, the company aims to enhance the convenience and efficiency of electric vehicle charging and other applications.
Pixel Legend
Grant in 2014
***UPDATE*** Effective September 1, 2022, company founder Jan Filipowiak regained 100% ownership of the company. Pixel Legend is specializing in development of innovative products in the field of immersive technologies. It's main products are AI Powered 3D Digital Humans, Vrooom - lightweight arcade VR system for theme parks and attractions with the highest ROI ratio on the market (6 players x 15 min x ticket price) and VR Dome - fulldome movie player sold in licenses to companies such as DHL and IBM, public institutions and tourist locations. Pixel Legend was the first company in Poland to receive first direct innovation grant awarded by seasoned experts and entrepreneurs under the auspices of European Commission. Team also received Galileo Masters award in 2015 for the innovative use of the GPS signal in the Augmented Reality app. Products were featured at TNW Conference, Web Summit, AR/VR Innovate and MIT Hubweek. Virtualist was selected by TNW as 'future workplace' technology. Company's products were featured by Forbes, Business Insider and TNW.
Brolis Semiconductors
Grant in 2012
Brolis Semiconductors Ltd., founded in 2011 by the Vizbaras brothers, is a Lithuania-based company specializing in the design and manufacture of infrared laser diodes and electro-optic systems for a diverse range of applications, including defense, medical, research, and industrial sectors. The company has developed a state-of-the-art semiconductor device production facility that focuses on long-wavelength semiconductor light sources and molecular beam epitaxy services on various substrates. Brolis is recognized for its innovative non-invasive medical sensor technology, which monitors blood constituents by integrating proprietary light-source technology with photonic integrated circuits. This technology enables real-time monitoring of critical molecules, offering significant advancements in wearable devices for digital health and sports markets. With a strong intellectual property portfolio, including several patents, Brolis operates across three European locations: its headquarters and semiconductor facility in Vilnius, an integrated photonics R&D office in Ghent, Belgium, and a defense sales and assembly site in Larne, Northern Ireland. The company has continued to grow, employing over 40 personnel and expanding its product offerings in the semiconductor and photonics sectors.
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