The value of the prize - 300 thousand euros; The company is engaged in the development of smart fibers
NanoSpun Technologies Ltd., from Gottwirt Park at the Technion, won first place in the European Nano/Polymer Challenge competition, which took place at the beginning of November in Italy. Projects and companies from different countries submitted nominations for this competition, and about ten companies reached the finals, which took place in Padua, Italy. In the final stage, the companies presented their projects to a panel of judges that included academics, industrialists and representatives of the venture capital industry, as well as to a wide audience that included representatives of business companies. As a result of winning the competition, the company was awarded a prize worth 300,000 euros, and it also gained a lot of exposure to industry people, partners and potential investors.
The Nanospan company is engaged in the development of smart fibers produced by the electrospinning method, which contain active materials that are adapted to the needs and requirements of the users in various applications. The company's products will provide a solution for a wide variety of fields such as textiles, packaging, medical products, as well as treatment and purification of industrial water and wastewater.
Nanospan was founded in April 2011, out of a collaboration between the company's entrepreneurs and the technology commercialization unit at the Technion. The company's technology was originally developed at the Technion and even today the company works in collaboration with various parties at the Technion. The company is privately owned and among its investors are senior industrialists.
