The loan is part of the European Guarantee Fund’s liquidity debt product to provide liquidity to small and medium-sized companies affected by the pandemic.

“The money helped us finalize our base product and will now help us continue pre-production with our non-exclusive mass-production partners,” said Harry Santamala, CEO of Sensible 4. The first Sensible 4 product is ready for pre-production. .

As a division of Aalto University, the company is based on over 30 years of research and development experience in the robotics and autonomous driving technology sector.

Automated driving company gets €8m loan

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