"This shows the interest and support of CrayoNano and our disruptive technology. There is a real need for better disinfection solutions, and this grant re-affirms CrayoNano's vision for a sustainable and healthier future for all." said Jo Uthus, CEO of CrayoNano.
CrayoNano has long been supported by European soft-funding programs. In addition to the grants from the Norwegian Research Council, CrayoNano was chosen as 1 of 38 companies among a total of 4230 applicants to EUs Horizon-program and was awarded ca NOK 25 million (almost USD$2,800,000) in late 2020.
Additionally, it was said that the EIC Fund, the funding partner of the Horizon program, is ready to invest an additional NOK 50 million (over USD$5,500,000) in equity within the next 12 months.
Read the original article on Graphene Info.