Finnish biotech startup Boreal Bioproducts raises €2M for innovative eco-friendly chemicals from forest sidestreams

Boreal Bioproducts develops biochemicals from forestry side streams; namely hemicelullulose and lignin extracts which have various applications in cosmetics, chemistry and food industries. Here are details of Boreal Bioproducts’s latest funding round :

🚀 Launch

2018

🏭 Industry

Biotechnology

🧠Management

Jaakko Pajunen (Managing Director), Ann-Sofie Fonsen (Development Director), Antti Kämäräinen (Market Development Director), Tony Tiainen (R&D Manager), Pertti Tiitola (Production Manager), Asim Mahmood (Process Chemist)

💸 Funding & Investors

INVESTMENT (October 2023)€2 million (Pre-series A)
INVESTORS (October 2023)led by Metsä Spring and private investors.

🎯 Funding purpose

Product development; international expansion

🌐 Country HQ

Finland (Espoo)

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