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Metsä Spring

Metsä Spring is an innovation company based in Espoo, Finland, focused on developing business opportunities related to wood-based value chains. It invests in startups and projects that promote sustainable uses of Nordic wood.

Founded
2018
Recorded stages
Seed, Seed Plus, Series A
Recorded regions
European Union, Europe

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Overview

Metsä Spring, established in 2018 as part of Metsä Group, is dedicated to fostering new business opportunities centered around wood-based value chains. The organization invests in promising startups globally and conducts its own research and development projects to support Metsä Group's innovation activities. With a focus on sustainable alternatives to fossil-based materials, Metsä Spring seeks to enhance the value of Nordic wood through investments in startups that are in the pilot or demonstration phases. Its portfolio includes notable companies like Woodio and FineCell, reflecting its commitment to sustainability and innovation in the bioeconomy.

Focus

Metsä Spring invests in startups and projects that explore new uses for Nordic wood, aiming to create sustainable alternatives to fossil-based materials and chemicals. The organization is particularly interested in business ideas related to the manufacturing of physical products from Nordic wood and new digital tools. It typically invests in companies that are in the pilot or demonstration phases, with investment amounts ranging from €500,000 to €5 million.

Support

Metsä Spring adds value to its portfolio companies by providing access to Metsä Group's resources, expertise in wood-based value chains, and support for research and development initiatives.

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