Stockholm-based FineCell raises €1 million to produce dry cellulose biomaterials for beauty and healthcare products

Published on December 14, 2023

Swedish startup FineCell (FineCellOx AB), developer of the FineCell technology and producer of CellOx dry cellulose powder, announced it has raised €1 million from Metsä Spring, Metsä Group’s innovation company. Metsä Spring leads a group of investors, including EIT InnoEnergy and the company’s founder. The funds will be used to further develop and plan a…

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