Metsä Spring

Metsä Spring is the venture capital arm of Metsä Group. The company invests worldwide in promising startups and early-stage companies with a visible path to the Metsä Group business ecosystem. In addition to financing, we also provide access to Metsä Group’s global network and expertise. Most innovations are born as a result of broad collaboration. This calls for partnering and genuine co-creation between a rich variety of organizations. And in the end of the day, it’s people doing the job – the role of individuals and personal chemistry must not be undervalued.

Erik Kolehmainen

Vice President, Corporate Venturing

Niklas von Weymarn

CEO

7 past transactions

Fiberwood

Seed Round in 2023
Fiberwood is a new eco-friendly wood fiber insulation that can be used for a variety of purposes. Fiberwood has excellent insulating properties, is entirely bio-based, and thus contains no plastic or other fossil-based materials.

Innomost

Seed Round in 2021
Provider of active ingredients intended for the cosmetics and personal care industry. The company offers polymeric oils and active ingredients derived from Finnish birch which are vegan, gluten-free as well as allergen-free, enabling clients to source ethically produced and biodegradable raw materials for their final products.

Montinutra

Seed Round in 2021
Montinutra intends to produce valuable ingredients for the cosmetics, food, and beverage, and pharmaceutical industries using forest industry side streams as its raw material.

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 Oy is a Finnish company that specializes in designing and manufacturing innovative bathroom products, including washbasins, sinks, and tiles, using a proprietary waterproof wood composite material made from real wood chips. Founded in 2015 and headquartered in Helsinki, Woodio focuses on advanced wood-based materials development, offering a range of customizable design options for modern bathrooms. The company's products are sold through its own showroom as well as through constructors and distributors across Europe. Woodio emphasizes sustainability by utilizing fully recyclable biomaterials, promoting environmentally friendly solutions in bathroom design.

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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