Tech Company Financing Transactions
Montinutra Funding Round
Metsa Spring participated in a $2.2 million Series A capital raise for Montinutra. The round was announced on 10/26/2023.
Transaction Overview
Company Name
Announced On
10/26/2023
Transaction Type
Venture Equity
Amount
$2,150,000
Round
Series A
Investors
Metsa Spring (Lead Investor)
Proceeds Purpose
The company will use the funds to turn forest industry sidestreams into bio-alternatives for cosmetics industries.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
Tekniikantie 2
Espoo, FI-02150
FI
Espoo, FI-02150
FI
Phone
Website
Email Address
Overview
Montinutra was founded in 2018. The background lies in extensive academic research of hot water extraction technologies and fractionation of biomasses. Sustainable resources is the reason for Montinutra existence. Our mission is to convert plant based side streams into valuable new ingredients. With partners, we develop new ingredients for applications in cosmetics, coatings, paints and packaging. We enable an industrial transition to biobased economy.
Management Team
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