Espoo-based Montinutra raises €2 million to turn forest industry sidestreams into bio-alternatives for cosmetics industries

Published on October 26, 2023

Montinutra, a Finnish company that transforms forest industry sidestreams into sustainable, high-value, and natural biochemicals that replace fossil alternatives in the chemical and cosmetics industries, 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. With the funding, Montinutra…

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