Woodio produces ecological, water-resistant bathroom products made from aspen chips and side-streams of the forest industry. Its core product line includes wash basins made from a biomaterial the company says can have up to an 80% smaller carbon footprint than equivalent ceramic basins. The company emphasizes sustainable raw materials and interior design applications. Woodio plans to use new funding to scale operations in Finland and to accelerate international expansion. Founded in 2016 and led by CEO Terja Koskenoja, the company has raised a total of €27M to date. The business remains focused on growth in both domestic and overseas markets.

Total raised

$18M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2023