An increasingly pressing issue is that corporations from the circular economy actually reach sustainability goals in a measurable way. Montinutra (Finland) is one of those enterprises that have sustainability at its core and do bring to market proven benefits for both the Planet and the economy.
The firm uses a cost-effective, environmentally friendly, and chemical free production process, which extracts hemicellulose and lignin from the wood industry’s sidestreams. That feedstock is steadily available in the market. The company then turns it into high-value biochemicals, that can replace fossil alternatives in the chemical and cosmetics industry.
The firm has raised EUR 2 Mln in a pre-A funding round, led by Metsä Spring and a syndicate of private investors. The funds will be used to accelerate internationalization, to improve the designing of the demo production plant and to expand the product range. In this context, Montinutra will be re-branded as Boreal Bioproducts®.
