Tech Company Financing Transactions
Woodio Funding Round
On 6/29/2023, Woodio announced $17.8 million in funding from European Innovation Council Fund and UB Forest Industry Green Growth Fund.
Transaction Overview
Company Name
Announced On
6/29/2023
Transaction Type
Venture Equity
Amount
$17,770,000
Round
Undisclosed
Investors
European Innovation Council Fund (Lead Investor)
UB Forest Industry Green Growth Fund (Lead Investor)
Proceeds Purpose
The company intends to use the funds to invest in scaling the business in Finland along with accelerating international expansion.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Hankasuontie 8
Helsinki, 00390
FI
Helsinki, 00390
FI
Phone
Website
Email Address
Overview
Woodio is a Finnish modern-day interior and design brand that brings together the best of Nordic design traditions and the use of sustainable bio-material innovation in a contemporary way. All our products are made from our signature material called Woodio®. It is the world's first 100% waterproof solid wood composite designed to replace ceramic and stone materials -- sustainably.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Terja Koskenoja
Chief Financial Officer
Olli Arojärvi
Chief Marketing Officer
Jenna Tikkanen
Chief Technical Officer
Johanna Normiala
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We do our best to report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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