Metsä Group press release 1 August 2019
Metsä Group’s innovation company Metsä Spring Ltd has made an equity investment in Woodio Ltd, a leading developer of waterproof wood composite products. The financing round totals approximately EUR 4 million, and Metsä Spring participates in the round together with current investors Ardent Venture BV, Finow Ltd, NextStone Ltd and Valve Ventures Ltd.
Metsä Spring was established in May 2018. Its main aim is to identify and help the selected companies reach a Proof-of-Concept relevant in the context of Metsä Group’s business ecosystem. This is the