Delft-based Respyre BV, a company that has developed a technique to create moss concrete, announced that it has raised a convertible loan of €300K from the Noord-Holland Innovation Fund (INH).
In a company statement translated from Dutch, Auke Bleij, founder of Respyre, says, “We want to release our first products this year and increase the scale of our moss cultivation. We will do this by increasing our team, and therefore our expertise, with technical expertise. In addition, our production facilities are becoming more professional and monitoring of the mosses is becoming more intensive.”
About Noord-Holland Innovation Fund
INH is an initiative of the Province of Noord-Holland, the University of Amsterdam, the Amsterdam University of Applied Sciences, Amsterdam UMC, Sanquin, and the Free University, with support from the EU through the European Regional Development Fund.
INH has also received support from the REACT EU fund. It provides convertible loans from this fund to companies that need financing to prove new ideas and concepts, the so-called ‘Proof-of-Concept’ phase.