BioInnovation Institute backs 17 early-stage startups with €9.5M

BioInnovation Institute (BII) is providing €9.52 million in convertible loans to 17 research-based startups selected for its Venture Programme, as the Danish innovation institute scales its support for early-stage companies across Denmark and Europe. Each company will receive a €560,000 convertible loan alongside access to BII's innovation platform and support network. The latest cohort follows the Novo Nordisk Foundation's announcement of €736 million in additional funding for BII, which will s