Founded in 2021 and based in Vienna, Lignovations uses a patented technology to convert lignin into high-performance Colloidal Lignin Particles. The company positions these particles as multifunctional, bio-based alternatives to many synthetic chemicals across cosmetics, coatings, packaging, adhesives and other sectors. Lignovations says it is the first company to commercially produce Colloidal Lignin Particles. The startup plans to accelerate research and development, scale up production capabilities and commercialize a new generation of lignin-based materials. Management highlights the natural protective properties of lignin as a foundation for product performance. The recent financing round is intended to support those development and scaling efforts.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2023