Montinutra raises €2M to turn forest industry sidestreams into bio-alternatives, replacing fossil-based ingredients in the chemical and cosmetics industries
Metsä Spring’s portfolio company’s unique, zero-waste, and commercial-ready innovation turns forest industry sidestreams such as sawdust into natural, non-GMO, and biodegradable biochemicals, significantly cutting CO2 emissions compared to fossil-based alternatives.ESPOO, Finland (October 26th, 2023) – Montinutra has raised €2M in pre-A funding led by Metsä Spring , a corporate venture unit of Metsä Group , with a syndicate of private investors. Founded in 2018, Montinutra transforms forest industry