European Investment Bank lends up to €110 million to Dräger to boost its medical technology research and development efforts

The European Investment Bank (EIB) will lend up to €110 million to Dräger, a German company specialised in medical and safety technology. Founded in Lübeck in 1889 (yes you read that right), Dräger will use the fresh financing to fund R&D projects in medical technology targeting life-saving systems such as anaesthesia devices and ventilators. Jyrki […]

European Investment Bank will lend €100 million to Dutch and German small businesses through Funding Circle

The European Investment Bank (EIB) has announced that it will lend €100 million to Dutch and German small and medium enterprises through the Funding Circle peer-to-peer business loans platform. The bank expects this investment to support more than 2,000 startups and small businesses, based on the average loan amount of €40,000 to €70,000. This is […]

Swedish cleantech startup Orbital Systems receives a €15 million loan from the European Investment Bank

Orbital Systems, a Sweden-based startup that has developed a water-saving recirculating solution for showers, has received a €15 million loan from the European Investment Bank (EIB) structured as venture debt. The loan is guaranteed by European Fund for Strategic Investments (EFSI) as part of the Investment Plan for Europe. The main product of Orbital Systems, the […]

European Investment Bank teams with Funding Circle to invest £100 million in UK small businesses

The European Investment Bank (EIB) today agreed a £100 million (€129 million) investment in loans to UK small businesses originated through Funding Circle, the London-based operator of a marketplace for business loans. This investment, alongside £25 million from Funding Circle’s own ‘SME Income Fund’, will enable over £200 million of new loans over 7 years, […]