Four Irish companies have secured €23 million in funding from the European Innovation Council , an European Commission body established to support the commercialisation of high-risk, high-impact technologies.
The companies who are to receive the money are two Galway-based companies: InVera Medical, who create a non-thermal medical device to cure varicose veins and venous ulcers, and Loci Orthopaedics, who have developed an implant for the treatment of thumb base joint arthritis.