Vienna-based Lignovations gets €2.2 million to accelerate development of ligning-based eco-friendly biomaterials

Published on December 4, 2023

Lignovations, a pioneering startup in lignin biomaterial innovation, announced the closing of a new financing round of €2.2 million including a minority investment from Borregaard, a global leader in lignocellulosic solutions. This investment represents a significant step toward advancing Lignovations’ mission to grow the biomaterial industry with sustainable, lignin-based alternatives. “We are excited to have Borregaard as an investor,…

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