ARTICLE ABOUT OUR FUND IN TODAY’S PULS BIZNESU

Today in Puls Biznesu you can read about our fund.

“Ok. But what is the probability that your idea will work out?”
“I do not know, I have to check it out.”
This question was asked by Konrad Pankiewicz over two years ago, and the answer was given by Dr. Filip Granek “….

https://www.pb.pl/reaktor-dobrej-energii-867462

XTPL RAISES PLN 10M BEFORE ITS DEBUT ON NEW CONNECT

Our portfolio company XTPL successfully closed the share subscription, which price was set at PLN 66 in the book building process. Polish and foreign investment funds found themselves in the shareholding of the company. Demand of individual clients was more than 13 times larger than the number of shares available, which translated into a 93% reduction. The company raised PLN 10 million for the commercialization of its technology.

– We are very pleased with the high interest in our company’s shares. We have managed to build a diverse shareholder base, including foreign investors, which is what we strived to achieve. Now we focus on what is most important to us, that is, the development of our business. We have just started working with Canadian company Wise Device Inc. on adapting our technology for display defect repair happening in the production process – explains Dr. Filip Granek, CEO of XTPL.

XTPL plans to debut on NewConnect in August this year.

WE ARE LAUNCHING ANOTHER FUND FROM THE LEONARTO FAMILY. TOGETHER WITH NCBR WE WILL INVEST PLN 26M IN R&D PROJECTS.

The purpose of the initiative implemented under the dedicated fund is investment in early-stage business ventures (seed phase), carrying out R&D projects with high commercial potential.

The projects we select will get a progressive financial and substantive support. In 3 years we want to invest about PLN 26M. In our actions we will be guided in particular by the so-called “demand-driven approach”.

It consists of identifying real technological problems of enterprises, selecting issues with high commercialization potential, and then developing solutions to specific problems with the involvement of project teams. All implemented investments will be supported by the National Centre for Research and Development (NCBR) through the BRIdge Alfa grant instrument.

The Project is co-financed by the European Union from the European Regional Development Fund under the Operational Program Smart Development, Sub-measure 1.3.1. Support for research and development projects in the preseed phase by proof of concept funds – BRIdge Alfa.

Contact us