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Finland: Company Wirepas gets €24 million in EIB financing to advance self-repairing large-scale wireless networks
The European Investment Bank (EIB) is providing €24 million in financing to Wirepas, a Finnish deep-tech company developing wireless connectivity for large-scale industrial Internet of Things (IoT) applications. Wirepas will use the EIB backing to bolster research, development and innovation activities in Finland and France as well as business growth in Europe and beyond.
France: EIB lends €300 million to seed producer Limagrain to support European seed innovation and agricultural independence
The European Investment Bank (EIB) is lending French seed producer Limagrain €300 million to accelerate the development of more productive and resilient crops. The loan represents one of the EIB’s largest financing operations in the agricultural sector in Europe.
EIB Group promotes biodiversity in Europe with €60 million guarantee for Sienna Investment Managers fund
The European Investment Bank (EIB) Group is providing a €60 million guarantee to asset manager Sienna IM to increase financing for biodiversity in Europe. The support is being provided by the EIF, part of the EIB Group, to cover financing by the Sienna Biodiversity Private Credit Fund[1], a fund devoted to restoring and protecting biodiversity in Europe. The EIF guarantee covers up to 70% of the credit risk of small and medium firms and is being granted under the InvestEU Sustainability Guarantee.