Business Finland

Business Finland is a Finnish government agency established in 2018, focusing on innovation funding and services to promote internationalization and travel. It supports research communities, industry, and service sectors, emphasizing a diverse approach to innovation that includes technological, service-related, design, business, and social advancements. The agency does not seek financial profit from its activities and does not claim intellectual property rights. Business Finland plays a crucial role in connecting international buyers with Finnish companies, facilitating investment opportunities, and showcasing Finland's key industries, which range from food and nature to advanced technology. Its initiatives aim to foster continuous innovation with a global impact, particularly in sectors such as cleantech, digitalization, consumer goods, and healthcare.

Kari Komulainen

Senior Director, Grants

Past deals in Textiles

Spinnova

Post in 2024
Spinnova Ltd. is a Finnish textile manufacturer based in Jyväskylä that specializes in sustainable fiber yarn technology. Founded in 2014, the company has developed an innovative process that converts wood and waste materials, including leather and agricultural by-products, into textile fibers without the use of harmful chemicals. Spinnova aims to revolutionize the global textile industry by promoting environmentally friendly manufacturing practices and reducing reliance on conventional, resource-intensive methods. Through its advanced technology, Spinnova seeks to provide a sustainable alternative for textile production that aligns with growing environmental concerns.

Spinnova

Grant in 2023
Spinnova Ltd. is a Finnish textile manufacturer based in Jyväskylä that specializes in sustainable fiber yarn technology. Founded in 2014, the company has developed an innovative process that converts wood and waste materials, including leather and agricultural by-products, into textile fibers without the use of harmful chemicals. Spinnova aims to revolutionize the global textile industry by promoting environmentally friendly manufacturing practices and reducing reliance on conventional, resource-intensive methods. Through its advanced technology, Spinnova seeks to provide a sustainable alternative for textile production that aligns with growing environmental concerns.

Spinnova

Grant in 2022
Spinnova Ltd. is a Finnish textile manufacturer based in Jyväskylä that specializes in sustainable fiber yarn technology. Founded in 2014, the company has developed an innovative process that converts wood and waste materials, including leather and agricultural by-products, into textile fibers without the use of harmful chemicals. Spinnova aims to revolutionize the global textile industry by promoting environmentally friendly manufacturing practices and reducing reliance on conventional, resource-intensive methods. Through its advanced technology, Spinnova seeks to provide a sustainable alternative for textile production that aligns with growing environmental concerns.

Infinited Fiber

Grant in 2019
Infinited Fiber Company Oy is a Finnish textile chemical recycling firm founded in 2016 and based in Espoo, Finland. The company specializes in a patented technology that transforms cellulose-rich materials, such as cotton-rich textile waste, used cardboard, and agricultural byproducts, into high-quality fibers that resemble cotton. This innovative approach addresses the environmental challenge of textile waste by converting materials that would typically be landfilled or incinerated into valuable resources for the textile industry. The technology has received validation from leading fashion brands and is poised for scaling. Infinited Fiber has been recognized for its contributions to sustainability, winning awards and being featured in notable industry listings.

Spinnova

Venture Round in 2018
Spinnova Ltd. is a Finnish textile manufacturer based in Jyväskylä that specializes in sustainable fiber yarn technology. Founded in 2014, the company has developed an innovative process that converts wood and waste materials, including leather and agricultural by-products, into textile fibers without the use of harmful chemicals. Spinnova aims to revolutionize the global textile industry by promoting environmentally friendly manufacturing practices and reducing reliance on conventional, resource-intensive methods. Through its advanced technology, Spinnova seeks to provide a sustainable alternative for textile production that aligns with growing environmental concerns.
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