Ligna Energy: €630k

Case

10/02/23

Ligna Energy and GPBM France receive a prestigious Eurostars grant to co-develop new IoT sensor applications based on Ligna’s revolutionary green storage technology in which organic materials replace traditional battery components. The partners aim to tap into a strong business opportunity in supplying the blooming IoT industry with sustainable and greener technology alternatives. The total funding awarded amounts to EUR 630k.

Tomasz Wąsik, CEO GAEU comments: “We are very happy to start the year by announcing another Eurostars grant awarded to our clients. This project has all it takes to succeed: innovative green tech product, a strong industrial partnership, and a clear market target. We thank Ligna and GPBM for their excellent cooperation during the application development journey”.

Peter Ringstad, CEO Ligna Energy, comments: “This grant proves that Ligna has the right product to address the growing environmental concerns with the IoT sensors that are powered by millions of non-sustainable battery alternatives. In addition, we are very satisfied with the cooperation with GAEU and strongly recommend GAEU as a Eurostars funding advisor”.