BionIT Labs wins € 300 thousand

BionIT Labs wins € 300 thousand

23 August 2019

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Great news coming from BionIT Labs: the company has been awarded a € 300,000 funding, winning the Tecnonidi call of the Apulia Region.

An important result for the growth of the company, which adds to the collection of the current campaign: reached € 200 thousand of adhesions, thanks to the participation of over 100 investors.

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Tecnonidi is one of the most technological and recent regional facilitative instruments and supports, with an endowment of € 30 million, startups that bet on priority areas of innovation identified by the region of Puglia. The fund has recognized the innovative potential of Adam's Hand, the first product of BionIT Labs, assigning a funding of € 300 thousand, of which € 180 thousand in grant and the remainder as a low-interest loan.

"We are very happy to have obtained this funding, because it crowns a period of strong growth for our company. Tecnonidi will allow us to move to a new headquarters, much larger, which will include a laboratory, essential for the production and assembly of devices and technical offices, where we will carry out our research and development activities," said Giovanni Zappatore, CEO of BionIT Labs.

It doesn't end here.
The company will start a new network of companies together with other 7 companies in the IoT and Medtech sectors, including Next To Me Srl and Neetra Srl, with the aim of strengthening mutual ties and penetrate the market with greater strength.

The new network of companies, which will be founded in September, represents a further opportunity for growth for the company.

PARTICIPATE IN THE CAMPAIGN