PHYSI Solutions Ltd., founded in 2022, is a spin-off research enterprise built from Naturvation, a four-year Horizon 2020 research program funded by the European Commission (2016-2021).
Naturvation focused on building a better understanding of the innovative role of nature-based solutions (NBS) in urban environments and their potential to address sustainability challenges connected to climate change.
Formed in 2017 at the Department of Environmental Science and Policy of Central European University (CEU), through Naturvation, PHYSI Solutions is a team of driven individuals who seeks to provide an evidence-based and impactful knowledge contribution to decision-making and practice of urban nature-based solutions.
Within the Naturvation project, several tools and knowledge were created to support the impact assessment of NBS, which were developed by the research group from CEU. These tools caught the attention of the NBS research community and were also welcomed by stakeholders involved in urban innovation. Realizing the demand the tools – Urban Nature Atlas and Urban Nature Explorer – could fill, the idea of a company arose, that would fill the currently existing niche in NBS integrated assessment and application research and practice. Thus, PHYSI was established.
PHYSI was taken up by CEU’s award-winning incubation hub, iLab which supported the small group of researchers making the first steps into business development.