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    Signature(s)

    Amount
    € 20,000,000
    Countries
    Sector(s)
    France : € 20,000,000
    Services : € 20,000,000
    Signature date(s)
    7/07/2017 : € 10,000,000
    7/07/2017 : € 10,000,000

    Summary sheet

    Release date
    30 May 2017
    Status
    Reference
    Signed | 07/07/2017
    20170216
    Project name
    Promoter - financial intermediary
    CELLNOVO (EGFF)
    CELLNOVO GROUP SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 20 million
    EUR 41 million
    Location
    Sector(s)
    • Services - Professional, scientific and technical activities
    Description
    Objectives

    Investment in Cellnovo's facilities in order to develop its innovative connected all-in-one diabetes management system focused primarily on type 1 diabetes patients

    The aim of the project is to scale up production of Cellnovo's novel micro-pump for type 1 diabetes patients and support related capital expenditure for products it plans to bring to the market in the future.

    Environmental aspects
    Procurement

    All project activities are expected to be carried out in existing facilities without changing the already authorised scope and would therefore not require an environmental impact assessment (EIA) under Directive 2014/52/EU amending the EIA Directive 2011/92/EU.

    The promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    scoreboard - EUROPEAN GROWTH FINANCE FACILITY
    Publication Date
    13 Sep 2019
    Document Language
    English
    Main Topic
    lending
    Document Number
    122912044
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20170859
    Last update
    19 Aug 2020
    Sector(s)
    Industry
    Publicly available
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    News & Stories

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