What Spinverse does

Spinverse is a Nordic innovation consulting firm founded in 2004, headquartered in Espoo, Finland, with offices in Gothenburg (Sweden) and Berlin (Germany). The company specialises in helping European organisations access and manage EU and national R&D and innovation funding across more than 11 programmes, including Horizon Europe, Innovation Fund, Circular Bio-based Europe (CBE), European Defence Fund (EDF), Chips JU, Connecting Europe Facility (CEF), European Innovation Council (EIC), LIFE, Innovative Health Initiative (IHI), Digital Europe, and Eurostars. Its core client base spans large international enterprises (Nokia, ABB, Sandvik, Borealis, SCA, SSAB, Mirka, Cargotec, Midsummer, Fortum, SUEZ), SMEs and growth companies (Aerones, Lixea, AGRIVI, Purgos, Plugit Finland), research and technology organisations (Fraunhofer FMD, Tartu Ülikool, Ghent University, TalTech), and public authorities.

The firm's core offering is a portfolio of expert-led consulting services rather than a unified software product. Services include funding proposal preparation, EU project management, consortium building and partner search, funding strategy and roadmaps, grant agreement preparation (GAP), market studies, sustainability performance and compliance advisory, organisational development, innovation ecosystem leadership, and large programme coordination. The only proprietary technology asset is Spinbase, a platform providing access to EU funding opportunities, projects, and partner data. Spinverse maintains a 1000+ partner network across the Horizon Europe domain, employs 80+ experts (with multiple Ph.D. degrees and 100+ collective years of industrial experience), and has secured €3 billion in funding for customers, coordinated €4.2 billion in public funds, and achieved a 73% success rate in EDF/EDIDP proposals.

Spinverse operates a project-based, bespoke professional services model. Revenue is generated through fee-bearing advisory, proposal writing, and project management engagements scoped individually per client and programme. Go-to-market is direct, expert-led, and relationship-driven, leveraging named sector experts (e.g., Janne Kaukojärvi for Horizon Europe, Sergei Chekurov for Innovation Fund, Anu Ilmonen for EDF) as trusted advisors; marketing is conducted through SEO-structured website content (one landing area per funding programme), an email newsletter, EU-level info days, and consortium participation. No public pricing is disclosed; fees are negotiated per engagement scope and client size. The company is privately held, with no disclosed institutional investors, funding rounds, or M&A activity.

Name

Spinverse

Legal name

Spinverse

Website

https://spinverse.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Spinverse is a Nordic innovation consulting firm founded in 2004 that helps European enterprises, SMEs, research organisations, and public bodies secure and manage EU and national R&D funding across programmes including Horizon Europe, Innovation Fund, EDF, and Chips JU.

Ownership category

akta.pro rank

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Innovation Consulting Services: Spinverse generates revenue through professional consulting services including funding proposal preparation, EU project management, workshops and trainings, funding strategy and roadmap development, partner search, market studies, sustainability performance and compliance advisory, organisational development, innovation ecosystem leadership, and large programme coordination. Fees are charged for advisory engagements, proposal writing support, and project management services. Revenue is project-based and derived from client engagements.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Spinverse is an innovation consulting firm that helps organisations across Europe identify EU and national funding opportunities, prepare and write competitive funding proposals, build multinational consortia, and manage funded EU and national projects. Services span funding proposal preparation, EU project management, workshops and trainings, funding strategy and roadmap advisory, partner search, market studies, sustainability compliance, organisational development, innovation ecosystem leadership, and large programme coordination, delivered through expert-led consulting engagements supported by the proprietary Spinbase platform.

Product overview

Spinverse is an innovation consulting firm offering a comprehensive portfolio of advisory and coordination services rather than a unified software product. The core offerings centre on EU and national funding expertise—including funding proposal preparation, project management, partner search, and grant agreement preparation—alongside strategic advisory services such as funding roadmaps, sustainability compliance, and large programme coordination. Spinbase appears to be a proprietary tool for accessing funding opportunities and partner networks. The service model is structured around expert consulting engagements rather than self-service software products.

Differentiator

Problem solved

Functional benefit

Products and services

• Funding Proposal Preparation Expert support in preparing and writing high-quality public funding proposals that meet the requirements of competitive EU and national funding calls, targeting large enterprises, SMEs, RTOs, and public bodies across Europe.
• EU Project Management Project management services for successfully funded EU and national projects, including ecosystem facilitation and large programme coordination for enterprises, consortia, and RTOs.
• Workshops and Trainings Training programmes and workshops that help organisations build capabilities in innovation, EU and national funding, and project execution.
• Funding Strategy and Roadmap Strategic advisory services to identify funding opportunities and develop roadmaps for securing public or private financing across multiple EU and national programmes.
• Debt and Equity Financing Advisory Advisory on private financing options including debt and equity financing for innovation-driven growth, complementing public funding support.
• Partner Search Services to identify and connect organisations with suitable partners for consortium building and collaborative innovation projects across Europe.
• Market Studies and Opportunity Assessments Market analysis and opportunity assessments to evaluate innovation potential and market viability for clients pursuing innovation-driven growth.
• Sustainability Performance and Compliance Advisory on sustainability performance improvement and compliance with environmental regulations and frameworks for organisations pursuing green transition projects.
• Organisational Development and Alignment

Quantifiable outcome

• €4.2 billion in public funds coordinated by Spinverse
• +11 more outcomes

Named customers42 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

33 partnerships are on record, tiered core and notable.

• NokiacoreStrategic or Co-development PartnerSpinverse supports Nokia in EU funding proposals and project coordination. Spinverse was instrumental in shaping PROACTIF (€42m Chips JU, 42 partners, 3 years), a project led by Nokia to strengthen Europe's technology resilience in ECS technologies for drone and robotics.
• Fraunhofer Group for Microelectronics / FMDcoreStrategic or Co-development PartnerSpinverse was a key partner in APECS, the €730m European pilot line for advanced heterogeneous packaging coordinated by Fraunhofer FMD. Spinverse's professional understanding of the project and knowledge of proposal formalities contributed significantly to the project's success.
• ABBnotableStrategic or Co-development PartnerABB is listed as a Spinverse customer and reference for industrial innovation consulting and EU funding support.
• SandviknotableStrategic or Co-development PartnerSandvik is listed as a Spinverse customer, receiving EU funding consulting services for industrial and manufacturing innovation projects.
• BorealiscoreStrategic or Co-development PartnerSpinverse supported Borealis in the SPIRIT ecosystem programme for the green transformation of the plastics industry. Borealis is also a reference customer for circular economy and bioeconomy innovation consulting.
• SCAnotableStrategic or Co-development PartnerSCA (Svenska Cellulosa Aktiebolaget) co-owns Biorefinery Östrand with St1 for sustainable aviation fuels, an Innovation Fund-supported project where Spinverse provided consulting support.
• St1notableStrategic or Co-development PartnerFinnish energy company St1 co-owns Biorefinery Östrand with SCA for sustainable aviation fuels, supported by Spinverse in securing EU Innovation Fund backing.
• CHIMAR HELLASnotableStrategic or Co-development PartnerCHIMAR HELLAS coordinated the €7.48m SUSPENSE CBE project for sustainable bio-based adhesives, with Spinverse providing proposal preparation and consortium support. CHIMAR credited Spinverse's collaboration with achieving the project's ambitious goals.
• HystarnotableStrategic or Co-development PartnerSpinverse supported Hystar's SAGITTA project securing €26m Innovation Fund grant for automated GW-scale PEM electrolyser manufacturing in Norway.
• Ghent UniversitynotableStrategic or Co-development PartnerGhent University coordinated the PROSPER CBE project (€7.5m, 18 partners, 6 countries) for bio-based plastic recycling. Spinverse played a key role in ensuring high quality and perfect fit of the proposal, achieving maximum scores of 15/15 in evaluation.
• KNDS FrancecoreStrategic or Co-development PartnerSpinverse provides essential assistance to KNDS France on major EDF projects (FAMOUS), offering financial, technical, and administrative guidance to help navigate EU funded project complexity.
• PatriacoreStrategic or Co-development PartnerPatria, a Finnish defence and aerospace company, collaborates with Spinverse on long-term defence R&D projects under EDF. The collaboration is described as both productive and seamless, making Spinverse an ideal partner for demanding projects.
• EcocemnotableStrategic or Co-development PartnerSpinverse guided Ecocem to secure €4m EIC Pathfinder funding for optimising Electric Arc Furnace slag for low-carbon cement, and provided expert guidance through the proposal process.
• MirkacoreStrategic or Co-development PartnerSpinverse played a central role in building the SHAPE ecosystem plan for Mirka, a leading abrasive manufacturer. The SHAPE programme received extended Business Finland funding through 2030.
• SSABcoreStrategic or Co-development PartnerSpinverse supported SSAB in building the Sustainable World through Steels ecosystem project, which secured €20m Business Finland funding to transform Nordic steel production.
• TietoevrynotableStrategic or Co-development PartnerSpinverse supports Tietoevry in managing the Veturi programme, specifically with expertise on public funding for innovations and complex entity management. Tietoevry is also a long-term partner for publicly funded R&D activities.
• Tartu ÜlikoolnotableStrategic or Co-development PartnerTartu Ülikool led UNCAN-CONNECT (multimodal cancer data project) under Horizon Europe Cluster 1. Spinverse's structured approach and deep EU funding knowledge were key to the project's success.
• AGRIVInotableStrategic or Co-development PartnerSpinverse guided Croatian agritech company AGRIVI through the EIC Accelerator application process, resulting in €1.15m funding for AI-driven crop protection technology.
• Herantis PharmanotableStrategic or Co-development PartnerSpinverse supported Herantis Pharma in securing €2.5m EIC Accelerator funding for ReTreatPD, a disease-modifying therapy project for Parkinson's disease.
• Infinited Fiber CompanynotableStrategic or Co-development PartnerSpinverse provided EU grant application support that was instrumental in forming the unique consortium behind the NEW COTTON project — converting textile waste into cotton-like fibre.
• AeronesnotableStrategic or Co-development PartnerSpinverse supported Aerones in securing Innovation Fund backing for ROBOTIC REPAIR — first-of-a-kind robotic wind turbine blade repair systems.
• Lixea Sweden ABnotableStrategic or Co-development PartnerSpinverse supported Lixea Sweden AB in securing CBE JU funding for L1X, a commercial pilot biorefinery plant demonstrating ionic liquid-based biomass fractionation.
• GradyentnotableStrategic or Co-development PartnerSpinverse supported Gradyent in securing €1.7m LIFE programme funding for Green Heat project — digital twin solutions for decarbonising district heating networks across five European countries.
• Plugit FinlandnotableStrategic or Co-development PartnerSpinverse supported Plugit Finland in securing €3.32m CEF funding for high-capacity EV charging infrastructure deployment along Finnish transport corridors.
• SmartSpires Consortium (5SKYE, Gcore, LIST, Orange Luxembourg)notableStrategic or Co-development PartnerSpinverse provided expert guidance through the CEF proposal process for SmartSpires, a €3.1m project turning Belval campus in Luxembourg into a connected urban testbed.
• Far North Fiber EuropenotableStrategic or Co-development PartnerSpinverse supported Far North Fiber Europe 1 and 2, securing nearly €20m CEF funding for subsea cable infrastructure across Norway, Ireland, and Finland via the North-West passage.
• FortumnotableStrategic or Co-development PartnerSpinverse partnered with Fortum on the EXPANDFIBRE R&D programme and ecosystem, providing strategic and operational model guidance for new bioproducts from fibre with lower carbon footprint.
• SUEZnotableStrategic or Co-development PartnerSpinverse conducted a bio-based market opportunity assessment for SUEZ, helping position their innovation and focus on strategic actions to set up.
• PonssenotableStrategic or Co-development PartnerSpinverse supported Ponsse in the FORWARD'27 ecosystem project for sustainable work machinery under Chips JU.
• MidsummernotableStrategic or Co-development PartnerSpinverse provided expertise and support for Midsummer's successful EU application for a mega factory to produce CIGS thin film solar cells.
• Purgos ApSnotableStrategic or Co-development PartnerSpinverse supported Purgos ApS in securing €2.25m LIFE funding for microLIFeguard — microbiological preservation solutions for water-based paints and construction wood.
• ValmetnotableStrategic or Co-development PartnerSpinverse built a diverse European consortium and coordinated the successful funding proposal for CHARM — IoT solutions for harsh industrial conditions, with Valmet as a key industrial use case partner.
• Helsinki University HospitalnotableStrategic or Co-development PartnerSpinverse supported Helsinki University Hospital in preparing the LONG COVID EU grant proposal for understanding Long Covid mechanisms, providing expert guidance through complex technical details.

Scale indicators16 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• PNO Innovation: One of Europe's largest dedicated public funding and innovation consultancies, headquartered in the Netherlands. Closely comparable to Spinverse in Horizon Europe, LIFE, CEF, and Innovation Fund proposal preparation and consortium management across multiple countries.
• Zabala Innovation: Spanish innovation consultancy with a comparable EU funding proposition across Horizon Europe, LIFE, and national programmes. Direct competitor for large multinational consortia and one of the most established Southern European peers in this niche.
• accelopment: Switzerland-based research and innovation management consultancy specialised in EU project coordination and proposal writing. Closely comparable to Spinverse's EU project management and funding strategy services.
• EurA AG: German innovation consultancy with strong EU R&D funding expertise across Horizon Europe and national programmes. Direct peer competing with Spinverse for DACH enterprise and SME mandates.
• ttopstart: Netherlands-based consultancy specialising in EU funding proposals with a strong focus on life sciences, health, and EIC programmes. Comparable to Spinverse in proposal preparation and consortium support for EIC Accelerator/Pathfinder and health cluster projects.
• RTDS Group: Austrian consulting group with deep expertise in EU research funding and project management. Direct peer in Horizon Europe coordination and proposal preparation across multiple clusters and programmes.
• IDEA Consult: Belgian consultancy with strong expertise in EU R&D policy evaluation, innovation consulting, and programme design. Comparable to Spinverse in advising public authorities, RTOs, and enterprises on EU funding strategy and impact assessment.

Broad incumbents

• Steinbeis: Large German innovation and technology transfer network combining consulting, applied research, and training. Overlaps with Spinverse in EU project coordination and innovation consulting but operates a broader portfolio including its own Steinbeis centres and enterprises.

Others

• Climate-KIC: EIT-funded European climate innovation knowledge community running its own accelerator and programme portfolio. Related ecosystem player — not a competitor, but a comparable brand in innovation funding with deep European institutional relationships Spinverse also serves.
• Innovate UK: UK's national innovation agency funding business R&D. Not a competitor but a comparable mission-aligned organisation — useful as a benchmark for the role of public innovation funding agencies that Spinverse helps its clients access across Europe.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/spinverse
• LinkedInlinkedin.com/company/95968

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Spinverse