Metsä Spring serves as the venture capital arm of Metsä Group, focusing on investments in promising startups and early-stage companies that align with the Metsä Group business ecosystem. The firm operates globally, providing not only financial support but also access to Metsä Group's extensive network and expertise. It emphasizes the importance of collaboration and co-creation among diverse organizations, recognizing that successful innovations often stem from such partnerships. Additionally, Metsä Spring acknowledges the significance of individual contributions and personal relationships in fostering effective teamwork and driving business success.
Adsorbi is a developer of innovative bio-based foam constructed from cellulose materials, aimed at capturing air pollutants. This novel biomaterial is designed to absorb pollution in microenvironments, making it suitable for various applications, including the storage and packaging of food, artwork, batteries, books, and personal care products. By utilizing this technology, Adsorbi enables customers to maintain healthier environments, contributing to improved air quality and the protection of valuable items.
Fiberwood
Series A in 2024
Fiberwood is a manufacturer of eco-friendly wood fiber insulation and packaging materials aimed at promoting sustainable construction and packaging solutions. The company utilizes foam-forming technology to produce thermal insulation boards from forestry by-products and other natural fibers, ensuring that its products are entirely bio-based and free from plastic and fossil materials. Fiberwood's offerings provide excellent insulating properties and serve as recyclable, resource-efficient alternatives to traditional mineral wool insulation and cellular plastic packaging. By focusing on sustainability, Fiberwood enables clients to adopt environmentally responsible methods for insulation and packaging, contributing to a greener construction industry.
FineCell
Seed Round in 2023
FineCell is a manufacturer of sustainable cellulose microfibers, established in 2015 in Linköping, Sweden, by Jonatan Henschen, Jonas Engstrand, Monica Ek, and Kloce Dongfang Li. The company specializes in producing renewable and high-performance nanomaterials derived from forest resources. FineCell's cellulose microfibers exhibit unique physical and chemical properties that differentiate them from competing products, offering distinct benefits for various applications. These materials can be used as reinforcement, barriers, or fillers in industries such as packaging, automotive, personal care, food, pharmaceuticals, membranes, and paints. By enabling manufacturers to utilize cost-effective and simpler raw materials, FineCell contributes to reduced carbon footprints and supports sustainable product development. The company has received backing from Vinnova, Sweden’s innovation agency, and EIT InnoEnergy.
Montinutra
Seed Round in 2023
Montinutra develops and commercializes bioactive compounds from secondary material flows in forest industrial processes to be applied in developing novel solutions in cosmetics, food, and beverage and technical chemical industries. They produce sprucegum from sawdust, which is a commercially relevant, underutilized forest industry side stream.
Adsorbi
Seed Round in 2023
Adsorbi is a developer of innovative bio-based foam constructed from cellulose materials, aimed at capturing air pollutants. This novel biomaterial is designed to absorb pollution in microenvironments, making it suitable for various applications, including the storage and packaging of food, artwork, batteries, books, and personal care products. By utilizing this technology, Adsorbi enables customers to maintain healthier environments, contributing to improved air quality and the protection of valuable items.
Fiberwood
Seed Round in 2023
Fiberwood is a manufacturer of eco-friendly wood fiber insulation and packaging materials aimed at promoting sustainable construction and packaging solutions. The company utilizes foam-forming technology to produce thermal insulation boards from forestry by-products and other natural fibers, ensuring that its products are entirely bio-based and free from plastic and fossil materials. Fiberwood's offerings provide excellent insulating properties and serve as recyclable, resource-efficient alternatives to traditional mineral wool insulation and cellular plastic packaging. By focusing on sustainability, Fiberwood enables clients to adopt environmentally responsible methods for insulation and packaging, contributing to a greener construction industry.
Innomost
Seed Round in 2021
Innomost specializes in the development and production of high-value bioactive ingredients derived from forest industry byproducts, particularly Finnish birch. The company's product portfolio includes birch charcoal powder, birch bark powder, betulin, suberin, and azelaic acid, which serve as innovative components for various cosmetic applications, including skincare, haircare, body care, decorative cosmetics, and oral care. Innomost's offerings are designed to be vegan, gluten-free, and allergen-free, allowing clients to source ethically produced and biodegradable raw materials for their products. This focus on sustainability and innovation positions Innomost as a key supplier in the cosmetics and personal care industry.
Montinutra
Seed Round in 2021
Montinutra develops and commercializes bioactive compounds from secondary material flows in forest industrial processes to be applied in developing novel solutions in cosmetics, food, and beverage and technical chemical industries. They produce sprucegum from sawdust, which is a commercially relevant, underutilized forest industry side stream.
ExpandFibre
Venture Round in 2020
ExpandFibre accelerates the development of sustainable bioproducts. It upgrades pulp fibers, hemicellulose, and lignin from renewable and sustainable straw and northern wood sources into new bioproducts. The company is an R&D collaboration and an ecosystem launched by Fortum and Metsä Group.
Muoto
Venture Round in 2020
Muoto develops a three-dimensional fiber product made of wood fibers designed for packaging. It is a functional package that combines structure, functionality, and design. The product’s layer structure creates the possibility to customize according to the application – the repertoire of different forms of packaging is endless. The products are always made fit for purpose according to the customer’s needs.
Woodio
Series A in 2019
Woodio is a design-oriented company that specializes in innovative material technology for bathroom applications. The firm has developed a fully waterproof wood composite made from real wood chips, allowing for a range of design options while prioritizing sustainability. This technology offers customers fully recyclable biomaterials, enabling them to enhance and redesign their bathrooms with eco-friendly solutions. Woodio's focus on combining aesthetics with functionality positions it as a unique player in the market for bathroom design materials.
Kuura
Venture Round in 2018
Kuura specializes in the production of fiber made out of pine and spruce. It aims to demonstrate the feasibility of a new environmentally-friendly concept, in which paper-grade pulp is converted into a novel textile fiber. The company's technology is based on a knowledge platform, which has been built by Aalto University (Finland), TITK (Germany), University of Helsinki (Finland), and VTT Technical Research Centre of Finland.
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