Metsä Group made its second Swedish investment in FineCell, developer of the FineCell technology and producer of CellOx dry cellulose powder. The company will use the €1 million seed funding to improve its material application know-how, engage with potential customers, and finalise the material needed for making an investment decision concerning a demo production facility. The funding round lead by Metsä Group’s innovation company Metsä Spring consists of a group of investors, including EIT InnoEnergy and the company’s founder.
IL BIOECONOMISTA 