Worldsensing — Debt · €10M

Announced at Web Summit in Lisbon, the European Investment Bank provided Worldsensing with a €10 million venture debt facility backed by the European Growth Finance Facility under the Investment Plan for Europe. The non-dilutive financing was earmarked for R&D on the next generation of Loadsensing industrial monitoring products, expanded production and roughly 50 new R&D jobs in Barcelona.