Inossia: €7.3m

Case

30/03/23

GAEU Consulting is pleased to announce another success story within the EIC Accelerator of Horizon Europe. Our client, Inossia, has been awarded €7.3 million within the Blended Finance scheme of the EIC Accelerator (€2.3 million in grant funding and €5 million in equity) to clinically validate two new bone cements using the Inossia® Cement Softener: V-Flex for spinal fractures and Elastoment for degenerated discs.

The Inossia® Cement Softener is a smart ingredient that can be added to any bone cement, making it much softer. This patented deep-tech innovation has a range of potential applications. By softening existing bone cements, this innovation transforms them into more efficient and safer products, while also opening up new markets and indications, such as degenerated discs.

Malin Nilsson, CEO Inossia comments: “Inossia is extremely grateful for the professional help and support that we received from GAEU Consulting to create our application and prepare us for the interview. It is a delicate process which requires large experience and good insight in how these applications are evaluated. The GAEU team masters the EIC Accelerator process and has carried Inossia through all steps with a lot of patience and a few laughter. We could not have wished for better support!”