BioprintingMoney & Funding

Ourobionics participates in €450 million NEXTGENHIGHTECH initiative

To create the new generation high-tech equipment for biomedical production and more

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Ourobionics, a deep technology and regenerative medicine start-up, is a partner in the NextGenHighTech initiative that has been granted an amount of €450 million by the Dutch National Growth Fund.

NEXTGENHIGHTECH initiative to fund Ourobionics, among others. Funding new generation high-tech equipment for biomedical production and more.
Ourobionics

This year, an investment of €3.22 billion will be made available for innovation from the second round of the National Growth Fund and another €1.33 billion has been reserved. This concerns 20 proposals that focus on, among other things, the use of AI for cancer research, key technologies such as photonics, start-ups in the pharmaceutical industry, hydrogen, green chemistry, making the aircraft industry more sustainable, and digitization in the logistics sector. The projects have been submitted by various ministries, including Economic Affairs and Climate (EZK), in collaboration with companies and knowledge institutions.

One of these 20 proposals – the NextGenHighTech initiative – will see Ourobionics, alongside more than 300 other start-ups, SMEs, and knowledge institutions, developing new generation high-tech equipment within six application domains: biomedical production technology, semiconductors, laser satellite communication, composites, energy, and agrifood.

NEXTGENHIGHTECH initiative to fund Ourobionics, among others. Funding new generation high-tech equipment for biomedical production and more.
Ourobionics

According to NextGenHighTech, the Dutch high-tech sector accounts for a GDP contribution of €72 billion per year. However, the Netherlands is falling further and further on the Global Innovation Index and is now at number six, compared to number four in 2019. The Netherlands’ ambition is to become the ‘world champion of innovation’ – hence the significant financial investment.

Ourobionics is the first 4D Bioprinting company in the Netherlands that is merging multiple advanced 3D tissue engineering technologies with 4D cyborganic biomaterials to create high throughput tissues with embedded bioelectronic and biosensor technology to future diagnose monitor and treat a wide range of diseases.

NEXTGENHIGHTECH initiative to fund Ourobionics, among others. Funding new generation high-tech equipment for biomedical production and more.
Ourobionics

“We are proud to be part of a national initiative where The Netherlands is making additional public investments in so-called key technologies”, said John Zandbergen, CEO of Ourobionics, “It is absolutely amazing to see these kinds of prestigious projects getting supported. It is a great effort from all the people involved and we are positive that along with all the other consortium members we can make a great contribution to creating something unique.”

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