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Montinutra
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Short description

Manufacturer of high-value products from forest industry side streams

Founded in 2018
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Company type Private Public ()
Company type

Industry Group materials & chemicals

Sector fuels & chemicals

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Finland Kuhmo, Finland
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Updated by Hattie Partner at on 04/24/2025

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Date Partner Type
04/28/2023
Ole Hyvä Ole Hyvä
Partnership will focus on market entry for Ole Hyvä's Boreal Bioproducts SpruceSugar product.
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Confirmed by Ole Hyvä
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IPO INFORMATION

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Description

Date Investors Type Amount
10/26/2023 Metsä Spring Metsä Spring (1)
Post-money valuation of
Funds will be used to accelerate international expansion, advance design processes, and bring new products to the market. The company aims to reach 100 million euros in annual revenue by 2035, with the demo plant up and running by 2026.
Seed $2,113,200
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