During Sustonable’s pitch at HighTechXL Day, we announced that we
had already secured a large amount of funding for the development of our
product in 2017, from various parties, with the BOM
as lead-investor. The investment is used for the development of the
product and process, the performance of product tests, and to further
develop our market position.
The BOM sees
Sustonable, which will base its development and sales organisation in
Brabant, as a start-up that combines beautiful technology with an
appealing business case. Besides the committed investment of capital,
the BOM looks to support Sustonable’s future, in other respects, as
acceleration programme in Eindhoven, several additional investors have
already been persuaded of the potential of Sustonable’s new technology.