OrganoClick receives funding from Vinnova of SEK 815 000

OrganoClick AB (publ) has received funding of SEK 815,000 from Swedish governmental innovation agency Vinnova for a development project around bioplastic polymers. The project will be performed in collaboration with the Institute of surface chemistry (YKI) which is part of SP Technical Research Institute of Sweden. 

The funding comes from Vinnova's program "Innovation projects in companies". The project will be performed during a period of 2 years and aims at developing new products for textiles ans paper in which bioplastic polymers will be an integral part.

For more information please contact:

Mårten Hellberg

CEO, OrganoClick AB (publ)

Phone: +46 8 684 001 10

Email: marten.hellberg@organoclick.com

About OrganoClick

OrganoClick AB (publ) is a public Swedish cleantech company listed on Nasdaq First North. The company develops, produces and markets functional materials based on environmentally friendly fiber chemistry. Examples of products that are marketed by OrganoClick are the water repellent fabric treatment OrganoTex®, the flame and rot-resistant timber OrganoWood® and biocomposite materials. OrganoClick was founded in 2006 as a commercial spin-off company based on research performed at Stockholm University and the Swedish University of Agricultural Sciences within environmentally friendly fiber chemistry. OrganoClick has won a number of prizes, such as "Sweden's Most Promising Start-up" and "Sweden's Best Environmental Innovation", and has also received a number of awards, such as the WWF "Climate Solver" award and has also appeared for two years on the Affärsvärldens and NyTekniks list of Sweden's top 33 hottest technology companies. OrganoClick has its head office, production and R&D located in Täby, north of Stockholm. OrganoClick's Certified Adviser on Nasdaq First North is Pareto Securities AB.  

About Us

OrganoClick is a Swedish cleantech company that develops, produces and markets performance materials based on environmentally friendly fibre chemistry. Examples of products marketed by OrganoClick are the water-repellent fabric treatment OrganoTex®, the durable modified wooden material OrganoWood® and functional biofiber composites. OrganoClick was founded in 2006 as a spin-off company based on research in fibre chemistry at Stockholm University and the Swedish University of Agricultural Sciences. OrganoClick has won several prices such as "Swedens most promising start-up" and "Swedens best environmental innovation" and been appointed as a "Climate Solver" by the World Wildlife Foundation (WWF). OrganoClick is located in Täby, in the northern parts of Stockholm, where the company’s production, R&D, sales and marketing divisions are situated.

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