EU selects Tada Medical to boost investment into the healthcare sector

We are very pleased to announce that Tada Medical has recently raised an investment in the form of a €700,000 convertible loan from the European Innovation Council Fund (EIC Fund), the European Commission's venture capital mega-fund. The total investment approved by the EIC Fund amounts to €1.5 million and will be disbursed in two tranches. One is a €700,000 convertible loan and the other is an €800,000 equity subscription to be disbursed upon maturity of the convertible loan. Since its launch in 2020, the EIC Fund has approved 111 investments in highly innovative start-ups and SMEs and