Project Notice |
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PNR | 62485 |
Project Name | DFF - Esper Bionics |
Project Detail | Location: Ukraine Project number: 55187 Business sector: Telecommunications, Media and Technology Notice type: Private Environmental category: B Approval date: 06 Feb 2024 Status: Disbursing PSD disclosed: 28 May 2024 An equity investment in the amount of USD 2.5m (USD 1.25m committed tranche and a USD 1.25m uncommitted tranche) in Esper Inc., a technology company producing bionic upper limb prosthesis. The proceeds of the Banks investments will be used to finance Espers expansion of production facilities in Ukraine including development of new products and software (the Project). Project Objectives The Projects core objective is to address multiple challenges facing Ukraine by supporting an innovative R&D and manufacturing of upper limb bionic prosthetics with data-driven functionalities in Ukraine. |
Funded By | European Bank for Reconstruction and Development (EBRD) |
Sector | Education & Training |
Country | Ukraine , Eastern Europe |
Project Value | UAH 5,758,511 |
Contact Information |
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Company Name | ESPER INC |
Web Site | https://www.ebrd.com/work-with-us/projects/psd/55187.html |