Risskov, Denmark, Oct.12, 2018 – On 16 October, Solvay, a large advanced materials and specialty Chemicals Company, will host a business acceleration event for companies funded by the European Innovation Council pilot. After a thorough selection process, RadiSurf was one of 22 companies selected to attend this exclusive event at the Solvay Campus in Brussels.
The event is directed at small and medium-sized companies working on breakthrough innovations in the fields of additive manufacturing (3D printing) of polymers, nanocomposites and polymer-based lightweight materials, composites and polymers (part prototyping, virtual engineering, advanced mechanical testing) and smart/functional polymeric materials (e.g. self-healing, electroactive, etc.).
RadiSurf will have a chance to showcase its innovation in the fields of nanotechnology and advanced surface chemistry, adhesive nanoprimers, to multiple business divisions and engage in one-to-one meetings with Solvay managers, venture capital investors and representatives from other large corporations.
Mikkel Kongsfelt, CEO and co-founder of RadiSurf, is honored to be part of the event. “To be selected for this event by Solvay and the EIC pilot is extremely important. Solvay is one of the largest companies operating in the material science field, and as a small chemistry startup it is crucial to partner with well-known and strong players in this field. We believe our solutions are well-aligned with the business of Solvay and hope that this is the start of a future partnership.”
In the last 12 years, Solvay has actively collaborated with start-ups globally to accelerate innovation. “Open innovation is all about finding mutual interest to work together”, explains Stéphane Roussel, Solvay Ventures Managing Director. “A well-defined purpose and clarified roles and responsibilities are key conditions to success. On one side: size, scale, credibility; On the other: agility, creativity, speed… the combination has the potential to move mountains.”
The principles of Open Innovation underlined by Solvay, are aligned with one of the objectives of the EIC pilot: to support active collaboration between innovative small companies and large corporates. “The EIC should be the link between the start-ups and the corporates. By helping start-ups to access partners across value chains. From corporates to investors… and technology providers. At the same time large, corporates should be able to help start-ups to scale-up.”, said in a recent speech, Carlos Moedas, European Commissioner for Research, Science and Innovation.
About RadiSurf ApS
RadiSurf is a spin-off nanotech from Aarhus University in Denmark, that was founded in 2015 by Dr. Mikkel Kongsfelt and three current professors at the University, Kim Daasbjerg, Steen Uttrup Pedersen and Mogens Hinge. The company was established around a radical technology developed at the University, for adhesion between dissimilar materials like metal and plastics, referred to as nanopriming. Nanoprimers, a chemical method for joining materials with nanotechnology, offers extreme performance in the bonding interface. The incredible, nanometer-thin bonding layer that is exceptionally tight and robust, can be used across almost all industries that requires high-performance bonding. Nanoprimers, considered as a part of the sustainable solutions of the future, are chemically safe, eco-friendly and resource-efficient. With the launch of its two product platforms, RadiPrime™ and RadiBond™, RadiSurf is on a mission to bring a glueless revolution to the adhesive industry. RadiSurf has been supported by an investment from Borean Innovation A/S since 2016.
Solvay is an advanced materials and specialty chemicals company, committed to developing chemistry that addresses key societal challenges. Solvay innovates and partners with customers worldwide in many diverse end markets. Its products are used in planes, cars, batteries, smart and medical devices, as well as in mineral and oil and gas extraction, enhancing efficiency and sustainability. Its lightweight materials promote cleaner mobility, its formulations optimize the use of resources and its performance chemicals improve air and water quality. Solvay is headquartered in Brussels with around 26,800 employees in 61 countries. Net sales were €10.1 billion in 2017, with 90% from activities where Solvay ranks among the world’s top 3 leaders, resulting in an EBITDA margin of 22%.
About the European Innovation Council (EIC) pilot
The EIC pilot is an initiative of the European Commission that proposes substantial funding and competitive offerings for innovators regarding access to finance, coaching, and other means of support. The European Innovation Council pilot (EIC pilot) aims to support top-class innovators, start-ups, small companies and researchers with bright ideas that are radically different from existing products, services or business models, are highly risky and have the potential to scale up internationally. The EIC pilot consists of four support programs including the SME Instrument, Fast-Track to Innovation (FTI), Future and Emerging Technologies Open (FET-Open), and the Horizon Prizes.