Finnish start-up Woodio, known for its ecological bathroom furniture, is investing in a new factory in Lahti, Finland – The investment is worth 7 million euros
Woodio's innovation, a 100% waterproof wood composite, is designed as an ecological alternative to ceramics and other high carbon footprint materials in bathroom and interior decoration. Last summer, Woodio raised over 16 million euros in growth capital to scale up its operations and expand internationally. With the new factory in Lahti, Finland, which will be completed in the spring of 2025 at a cost of approximately 7 million euros, production will be significantly streamlined to meet growing demand.Founded in Helsinki in 2015 and introducing its first products to the market in 2019,