As stated on the project disclosure page, the EIB loan will finance the promoter's research, innovation and development expenses for the inspection of next generation X-ray machines.
The investments will also support its international expansion, by financing the consequent higher expenses in sales and marketing, as well as in net working capital.
As stated by the EIB, Xnext is a technology innovator start-up designing and developing X-ray machines, which are based on multilevel energy photon counting detector for real time quality and safety controls, mainly used in the food sector.
No project contacts information provided at the time of disclosure.
Client - XNext SpA:
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