Metsä Spring invested in Woodio, a developer of waterproof wood composite products

Metsa Group Aanekoski pulp mill. Source: http://www.metsafibre.com

Metsä Spring, Metsä Group’s innovation company, has made an equity investment in Woodio Ltd, a leading developer of waterproof wood composite products. The financing round totals approximately EUR 4 million, and Metsä Spring participates in the round together with current investors Ardent Venture BV, Finow Ltd, NextStone Ltd and Valve Ventures Ltd.

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