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ETF Digest

EIB finances Worldsensing with €10 million to develop next-generation industrial monitoring solution


10 December 2020


Congratulations to our portfolio company Worldsensing, on their recent €10 million investment from the European Investment Bank (EIB).

Worldsensing, widely recognised as an IoT pioneer, is focused on designing solutions for monitoring sensors and operates in more than 60 countries. The EIB financing will support the company’s innovation efforts to increase its production capabilities, develop a portfolio of new products, and enhance its commercial and distribution network.

The news was announced at the recent Web Summit by EIB Vice-President Ricardo Mourinho Félix and Worldsensing CFO David Deprez.

Read the full story here