10.08.2021 MetsäSpring

Metsä Spring invests in Innomost, a startup producing valuable bioactive products from birch bark

Metsä Group’s innovation company Metsä Spring Ltd has made an equity investment in Innomost Ltd, a startup converting forest industry side streams into high-value bioactive products. The financing round totals approximately EUR 5 million, consisting of private investments and public financing from Business Finland and  ELY Centre for Central Finland. Metsä Spring is participating in the round with Innovestor Technology Fund and other private investors.