Woamy Oy closes €1 million seed round
Woamy, an Aalto University spin-out formerly known as the Foamwood project, that brings to the market a biobased foam material to replace harmful plastic foams, has raised a 1€ million seed round to develop and scale up the technology.
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Read more on company's press release and Kauppalehti.
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A faster and clearer path from research to business
Aalto University’s renewed process enables technology transfer in just 30 days.![aaltocell_excellence_003](/sites/g/files/flghsv311/files/styles/2_3_288w_125h_d/public/2022-04/aaltocell_excellence_003.jpg?h=827069f2&itok=q_gOmpfK)
Nordic Bioproducts Group opens its first major production facility for advanced cellulosic materials
Aalto-based startup Nordic Bioproducts Group has opened its state-of-the-art production facility in Lappeenranta, Finland. This facility, powered by the company’s proprietary AaltoCellTM Technology, is dedicated to the commercial-scale production of advanced cellulosic materials, including its flagship Microcrystalline Cellulose (MCC). The factory is expected to create 40 million euros in revenue in the first full operating year.![satellite](/sites/g/files/flghsv311/files/styles/2_3_288w_125h_d/public/2024-04/suomi100_avaruudessa_1_0.jpg?h=5cf565ba&itok=zm6RwKzO)
State to invest EUR 40 million in satellite company ICEYE
Solidium, which manages state-owned enterprises, will invest EUR 40 million in Aalto-based satellite company Iceye.Iceye is a fast-growing technology company offering satellite imaging based on SAR (SAR) technology. The company also designs, manufactures and sells satellites.
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