Science

Tensive secures €20 million EIB loan for regenerative breast device

Tensive secures €20 million EIB loan for regenerative breast device Image: Primary
The European Investment Bank agreed to provide Tensive with a convertible loan of up to €20 million for development of its REGENERA bioresorbable scaffold. The facility covers half of the company's €40 million financing plan and can be drawn in €8 million and €12 million tranches. Tensive said the funding will support research, clinical studies, CE marking, manufacturing scale-up and commercialization readiness. The clinical-stage company anticipates EU regulatory approval as early as 2027.
Sources
EU-Startups
In this story
European Union
Published by Tech & Business, a media brand covering technology and business. This story was sourced from EU-Startups and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Security
Security

Thomson Reuters discloses C-Track breach affecting court records

Thomson Reuters disclosed unauthorized access to C-Track court-case-management files associated with courts in at least 12 U.S. states, the U.S. Virgin Islands and Canada. The company said the access occurred in March, was discov...

Help Net Security
AI Infrastructure
AI Infrastructure

Google begins deploying WeatherNext 3 across weather products

Google DeepMind and Google Research said WeatherNext 3 will begin powering weather experiences in Google Search, the Gemini app, Google Maps, the Google Maps Platform Weather API and Google Earth Engine starting today. The compan...

Google DeepMind
Robotics Capital
Robotics Capital

Sharpa secures $668 million for commercial robotics push

Robotics startup Sharpa has raised more than RMB 4.5 billion ($668 million) at a reported RMB 22 billion post-money valuation. The company said it will use the capital for research and development, talent, and moving its general-p...

kr-asia.com
Capital Products
Capital Products

eComID acquires Nilum to enter recommerce

Stockholm-based eComID has acquired Nilum, an AI-native second-hand shopping startup, marking eComID's first move into second-hand fashion. Nilum founder Jonas Fagerlund will join eComID as head of recommerce. eComID says it opera...

EU-Startups
Capital AI
Capital AI

Backbone raises €4 million for food-quality software

Brussels-based Backbone has raised €4 million in a pre-seed round led by Pitchdrive, with PROfounders Capital, Passion Capital, existing investor 100IN and Belgian food-industry families participating. The company says it will us...

EU-Startups
Products
Products

Snowflake raises annual outlook as CoCo adoption reaches 9,100 accounts

Snowflake raised its annual sales outlook, exceeding analysts' estimates, Bloomberg reported. The company also reported rapid adoption of its AI-assisted coding tool, CoCo: more than 2,000 customer accounts began using it during t...

Bloomberg Technology