The startup Cultiply has obtained, thanks to the advice and support of CTA, a participatory loan from the National Innovation Entity (ENISA) in the amount of €40,000 to address the investments required by the business project in its initial phase.
“CTA has been a fundamental piece in the achievement of this project” says Cultiply’s CEO and co-founder, Javier Viña, who states that he considers the service offered by CTA “a personalized and expert accompaniment “.
Cultiply is a biotechstartup pioneer in the implementation of intelligent fermentation systems for industrial processes in the agri-food, cosmetic and pharmaceutical sectors. The technology developed by Cultiply is based on the use of bioreactors adapted to the industry as intelligent systems for the multiplication of microorganisms (yeasts, bacteria and fungi) to provide its customers with greater autonomy in their processes, reduce production costs and guarantee fermentation safety.
The support provided by CTA to Cultiply is part of its support service for raising external financing for technology-based entrepreneurs.with which it has a success rate of over 45% in the Neotec program of the CDTI (@CDTIoficial) and over 94% in ENISA, among other programs.
