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New materials

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When sustainability drives growth: Why Japan’s Oji Holdings invested in Espoo-based Nordic Bioproducts Group

Nordic Bioproducts Group has made sustainability a competitive advantage in the biomaterials industry. Offering its unique cellulose technology and trust, the Finnish biomaterials company became a strategic partner of Japan's Oji Holdings Corporation.

Circular economy

Image of Olli Kähkönen, CEO, and Olli Dahl, co-founder, of Nordic Bioproducts Group

How Nordic Bioproducts Group turned Finnish biomaterials research into business

A spirit of responsibility guides Nordic Bioproducts Group, a Finnish biomaterials company specialising in sustainable, advanced cellulose technologies. We interviewed Olli Kähkönen, the CEO and founder, on how NBG has turned pioneering Finnish biomass science into business.

Circular economy

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Japan's Oji Holdings invests in Espoo-based biomaterials company Nordic Bioproducts Group

Oji Holdings Corporation, a global leader in forest-based materials, has acquired a 20% stake in Nordic Bioproducts Group (NBG), an Espoo-based deep tech biomaterials company originating from Aalto University.

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VTT spin-offs raised 15% of all capital invested in Finnish startups last year

Startups with a background in VTT Technical Research Centre raised 15% of all capital invested in Finnish startups in 2024. In total, 16 spin-offs raised funding worth over 200 million euros.

Circular economy

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VTT opens pilot plant to turn captured carbon dioxide into plastics and chemicals

VTT opened a pilot plant in Espoo, Finland, to turn captured carbon dioxide into materials that can replace fossil fuels in making plastics and chemicals.

Circular economy

Aerial image of Nuuksio National Park in Espoo, Finland with the sun rising in a landscape of forests and lakes.

Aalto University and Murata explore new frontiers in nanotechnologies — collaboration facilitated by Enter Espoo

Aalto University and Japan's Murata Manufacturing Company collaborate to find new pathways in material science and fibre processing, focusing on shape-controlled nano-powdering technology of synthetic polymers.

Circular economy

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Paptic secured €27.5 million in growth financing in 2023

Paptic Ltd, a high-growth company in wood fibre-based packaging, secured EUR 27.5 million in growth financing in 2023. With a focus on replacing plastic films, Paptic aims to expand in Europe and Asia.

Circular economy

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Erica green chemistry ecosystem will be open for companies in 2024

EriCa will be a green chemistry science hub for companies, researchers, and expert organisations. The sustainable chemistry ecosystem will be built by industry operators and startups in the Finnoo district of Espoo and will be operational in 2024.

Pieces of the fibre arranged nicely to form a piece of art

Infinited Fiber Company enters partnership with parent company of Calvin Klein and Tommy Hilfiger

Espoo-based Infinited Fiber Company begins a multi-year partnership with PVH Corporation, the parent company of Calvin Klein and Tommy Hilfiger.

Circular economy

Blue fabric flying in the wind above rocks

Infinited Fiber Company invests €400M in new Infinna™ fibre factory

Infinited Fiber Company will build their first commercial-scale factory to produce Infinna™, a fibre made from regenerated textile waste that looks and feels like cotton.

Circular economy

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Espoo startups received €440 million in investments in 2021

Espoo-based companies received investments of €440.1 million in 2021. The top 5 funding earners were Enfuce, Infinited Fiber Company, Dispelix, ICEYE, and Fiksuruoka.

Innovation ecosystem

A man looking at the reflective material.

Epicentre of Finnish deep tech startups

VTT Technical Research Centre of Finland's pocket guide to Finnish deep tech startups that can enable sustainable business transformation.