Fundz

Montinutra's Innovative Use Of Forest Sidestreams Attracts €2M Investment

PRIVATEOct 26, 2023

Amount Raised

€2 Million

Round Type

Seed

EspooManufacturingBiotechnology

Investors

Ole Hyvä LuonnontuoteMontinutraMetsä Spring

Description

Today Finnish biochemical company Montinutra announced it has raised €2 million in Pre-A funding led by Metsä Spring, a corporate venture unit of Metsä Group, with a syndicate of private investors also participating.

Quick answer

Montinutra raised €2 Million in a Seed round, dated October 26, 2023. Investors: Ole Hyvä Luonnontuote, Montinutra and Metsä Spring. Montinutra is based in Espoo, Uusimaa, Finland.

How much did Montinutra raise?
Montinutra raised €2 Million in a Seed round on October 26, 2023.
Who invested in Montinutra?
Ole Hyvä Luonnontuote, Montinutra and Metsä Spring are named as investors in this round.
What does Montinutra do?
Montinutra develops biochemicals from forestry side streams.
Where is Montinutra based and how big is it?
Montinutra is based in Espoo, Uusimaa, Finland.

Source: Fundz verified event record.

Who else raised in Manufacturing and Biotechnology around the same time

Companies in the same sectors as Montinutra that raised within 45 days of this round, from Fundz verified event records.

  • Fennec Pharmaceuticals raised $5M on December 5, 2023.
  • Rubi Laboratories raised $5.1M on November 30, 2023.
  • QuantumDiamonds raised $7.7M (Funding Round) on November 27, 2023.
  • Tenon Medical raised $1.3M (Seed) on November 21, 2023.
  • Sway raised $7M on November 21, 2023.
  • RCE Technologies raised $50K on November 20, 2023.

Who to call at Montinutra, and when

A new round usually means Montinutra is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Montinutra

Location

Espoo, Uusimaa, Finland

About

Montinutra develops biochemicals from forestry side streams. Namely hemicelullulose and lignin extracts which have various applications in cosmetics, chemistry and food industries.

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Montinutra raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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