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)