Vinnova grants to Uppsala University spinoffs

2019-10-30

Janneke Keemink is a researcher at the Department of Pharmacy at Uppsala University and co-founder of the startup company Enphasys, which has been granted funding from Vinnova. Photo: Göran Ekeberg.

Vinnova grants funding to 93 startup companies across the country with a total of SEK 28 million. The financing will help the companies develop new solutions that can contribute to sustainable development and increased competitiveness. The Uppsala-based companies Enphasys and Indicio Technologies are two of the selected startups.

Enphasys and Indicio Technologies are two of the startup companies that receive funding of up to SEK 300,000 from Vinnova’s Innovative startups call, step 1 in the fall of 2019. Both companies have started their journey at Uppsala University and received support from the Innovation Office and other supporting actors in the university-wide innovation system.

With the funding, Vinnova wants to enable young companies to test their ideas and make progress in finding an investor, customer or partner.

“We are very happy with this grant as it will help us to further optimize our prototype to meet the needs of target customers,” says Janneke Keemink, researcher at the Department of Pharmacy at Uppsala University and co-founder of Enphasys.

Enphasys has developed a tool for the lab environment that can predict how a drug will act in the intestines and how much of the chemicals will reach the blood. By using the tool, pharmaceutical companies should be able to select promising drug candidates without time-consuming and costly animal experiments. The goal is to help accelerate the development of well-functioning oral drugs.

Indicio Technologies also enjoys a grant from Vinnova. The company has developed software for more accurate forecasts of, for example, sales volumes, commodity prices and exchange rates.  The software makes even complex relationships with many parameters manageable for people without expert knowledge in statistics. Banking and industry are key users. With the grant, the company can develop a prototype for internationalization of the forecasting software.

See the list of all projects here

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