About Innomost
Innomost is a company based in Kokkola (Finland) founded in 2016.. Innomost has raised $6.87 million across 2 funding rounds from investors including Metsä Spring, Innovestor and Tesi. Innomost offers products and services including Barkinno Birch Powder, Betuinno Betulin, and Suberinno Suberin. Innomost operates in a competitive market with competitors including LanzaTech, Evonik, Solugen, Manus Bio and Proklean Technologies, among others.
- Headquarter Kokkola, Finland
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Sectors
Chemicals & Materials
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Email
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Phone
*********
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Website
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Social
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- Legal Name Innomost Oy
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.87 M (USD)
in 2 rounds
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Latest Funding Round
$995.91 K (USD), Series A
Aug 29, 2022
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Investors
Metsä Spring
& 2 more
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Employee Count
Employee Count
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Products & Services of Innomost
Innomost offers a comprehensive portfolio of products and services, including Barkinno Birch Powder, Betuinno Betulin, and Suberinno Suberin. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Birch bark powder for use in cosmetics and materials
Betulin extract for industrial applications
Suberin derived for coatings and paints
Funding Insights of Innomost
Innomost has successfully raised a total of $6.87M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $995.91 thousand completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $995,910
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First Round
First Round
(10 Aug 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series A - Innomost | Valuation | Tesi | |
| Aug, 2021 | Amount | Series A - Innomost | Valuation | Mets Spring |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Innomost
Innomost has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Metsä Spring, Innovestor and Tesi. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Metsä Spring is focused on investing in sustainable wood-based innovations.
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Founded Year | Domain | Location | |
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Venture capital investment in early-stage technology, life science, and Health startups
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Founded Year | Domain | Location | |
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Private equity investment firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Innomost
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Innomost
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Innomost Comparisons
Competitors of Innomost
Innomost operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as LanzaTech, Evonik, Solugen, Manus Bio and Proklean Technologies, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Waste carbon is treated via a bio-processing platform.
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| domain | founded_year | HQ Location |
Green specialty chemicals are developed and supplied for multiple industries.
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| domain | founded_year | HQ Location |
Sustainable bio-based chemicals are manufactured using a proprietary platform.
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| domain | founded_year | HQ Location |
Phytochemicals are developed using microbial fermentation processes.
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| domain | founded_year | HQ Location |
Probiotic-based cleaning agents are manufactured for industrial use.
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| domain | founded_year | HQ Location |
Green chemicals are developed using microcapsule technology for sustainability.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Innomost
Frequently Asked Questions about Innomost
When was Innomost founded?
Innomost was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is Innomost located?
Innomost is headquartered in Kokkola, Finland.
Is Innomost a funded company?
Innomost is a funded company, having raised a total of $6.87M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.88M, raised on Aug 10, 2021.
What does Innomost do?
Innomost was established in 2016 in Kokkola, Finland, within the green chemicals sector. Biodegradable materials derived from wood waste are utilized to produce active ingredients for the cosmetics and personal care industry. These components are formulated to be vegan and free from gluten and common allergens. Operations focus on sustainable sourcing and development processes tailored to industry standards.
Who are the top competitors of Innomost?
What products or services does Innomost offer?
Innomost offers Barkinno Birch Powder, Betuinno Betulin, and Suberinno Suberin.
Who are Innomost's investors?
Innomost has 3 investors. Key investors include Metsä Spring, Innovestor, and Tesi.