INVEST in AUSTRIA newsletter April 05, 2023
Hannover Messe 2023 - meet us there
From 17 to 21 April 2023, HANNOVER MESSE will showcase technologies for a connected and climate-neutral industry and also provides a forum for a global policy discussion among industry, government, science and social representatives.
Meet us at the Expert Corner at the WKO Group Stand (Hall 12 Stand B44).
European support for healthcare entrepreneurs
EIT Health, part of the European Institute of Innovation and Technology (EIT), accompanies budding entrepreneurs and promising start-ups on their entrepreneurial journey in healthcare. The application portal is only open a few weeks a year: Do not miss this opportunity and apply now.
BMW invests € 1 billion in Austria
Today more than one million engines and ten million core engine components already leave the assembly lines of the Austrian BMW plant in Steyr, Upper Austria each year. The electric drive technology will play an even bigger role at the facility in the future. Starting in 2025, the next generation of e-drives of the BMW Group will be produced here. By 2025, more than 600,000 e-powered engines will be manufactured.
Medical University of Vienna among the world’s best hospitals
The Berlin-based electric bike subscription provider Dance has raised € 12 million in funding from existing and new investors within the context of a round of financing. The fresh capital will also enable Dance to invest heavily in its Vienna site and expand business with corporate customers.
South Korean delegation makes a working visit to Austria
A South Korean economic delegation visited Austria with the goal of further intensifying the economic and investment ties between the two countries. The delegation was led by Minister for Trade Ahn Duk-geun.
New CD laboratory: Correctly folding proteins
A new Christian Doppler Laboratory has now been opened at the Vienna University of Technology, with the support of the corporate partner Boehringer Ingelheim RCV and the Federal Ministry of Labour and Economy. Research is now being carried out there on how the inclusion bodies can be most efficiently brought into the right shape.
Birthday of Austria’s first satellite
Developed and built at the Graz University of Technology, the TUGSAT-1 turned Austrian into a space nation when it became the first Austrian satellite to be launched into orbit ten years ago. On 25 February 2013, TUGSAT-1 made its journey into space aboard a launch vehicle that took off from Satish Dhawan Space Center in India.
Investment for anti-perspirant startup
An injection of fresh capital for the Austrian startup Hidrei: the Salzburg-based company led by founder Stefan Steiner is developing an anti-perspirant to help people combat excess sweat. The company has now attracted investments on the part of two investors to help it with its market launch. This includes the former managing director of a global medical company as well as Ariane IX AG headquartered in Germany. The total investment is a six-digit euro amount.
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