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European Innovation Council
News article2 October 20231 min read

European Investment Bank supports EIC-funded SDS Optic in scaling up its cancer detection technology

inPROBE is a device designed to speed up cancer diagnostic time
SDS Optic

The European Investment Bank (EIB) has signed up to a €10 million loan agreement with EIC-funded Lublin-based Polish company SDS Optic Inc., publicly listed at Warsaw Stock Exchange (NC:SDS), to support the development and commercialisation of the diagnostic and monitoring photonic biosensing inPROBE® platform. The research and development activities backed will help advance a cutting-edge cancer detection technology. This agreement was made possible with the support of the InvestEU programme, which aims to trigger more than €372 billion in additional investment over the period 2021-27.

Beforehand, SDS Optic Inc. was backed up by the EIC Accelerator with nearly €4 million within the project SDS OmiProbe.

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Publication date
2 October 2023