Germany

The European Investment Bank (EIB) is investing €15 million in the further development of AI-based human-machine systems designed and manufactured by Augsburg-based tech firm German Bionic. Its smart power suits help logistics and care workers to perform physically strenuous tasks, in particular lifting and carrying heavy loads.

The European Investment Bank (EIB) has signed a quasi-equity financing agreement of up to €20 million with Numares Health AG. The Regensburg-based company has developed a fully automated in-vitro diagnostics (IVD) platform, the AXINON^® system. It improves diagnostic quality for chronic diseases of the kidney, heart and liver, as well as cancer and multiple sclerosis.

The European Investment Bank (EIB) Group has provided a junior tranche guarantee of €160 million to Landesbank Baden-Württemberg (LBBW) in a synthetic securitisation operation. The transaction will release capital for LBBW and enable Germany’s biggest provincial bank (Landesbank) to provide new lending of €960 million to small businesses (SMEs). The transaction is expected to help these businesses to recover from pandemic-induced liquidity shortages.