About Innomost
Innomost is a Chemicals & Materials company based in Kokkola (Finland) founded in 2016. Manufacturer of green chemicals from wood waste. 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. Its focus areas include Chemicals and Materials Tech, Chemicals Tech, Green Chemicals and Diversified. Its legal entity is Innomost Oy.
Company details
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.
- Headquarters Kokkola, Finland
- SectorsChemicals & Materials
- Email••••••••
- Phone•••• ••••
- Website innomost.com
- Social LinkedIn X Instagram
- Legal Name Innomost Oy
- Total Equity Funding$6.87M (USD)
in 2 rounds
- Latest Funding Round$995.91K (USD), Series A
Aug 2022
- InvestorsMetsä Spring
& 2 more
Products & Services of Innomost
Innomost offers a comprehensive portfolio of products and services, including Barkinno Birch Powder, Betuinno Betulin, and Suberinno Suberin.
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 $6.87M
- Total Rounds 2
- Last Round Series A — $995,910
- First Round $5.88M
(Aug 2021)
- Investors Count 3
All 2 funding rounds of Innomost with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2022 | $995,910 | Series A | – | Tesi | |
| Aug 2021 | $5.88M | Series A | – | Mets Spring |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Metsä Spring is focused on investing in sustainable wood-based innovations. | metsaspring.com | Espoo, Finland | ||
Venture capital investment in early-stage technology, life science, and Health startups | innovestorgroup.com | Helsinki, Finland | ||
Private equity investment firm | tesi.fi | Helsinki, Finland |
Investor details for Innomost
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- Complete investor list
- Round participation
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Timeline of Innomost
3 dated milestones of Innomost across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Innomost is founded.
- Funding First funding round of $5.9M.
- Funding Latest funding round, Series A, of $996K.
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Frequently Asked Questions about Innomost
Innomost was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Innomost is headquartered in Kokkola, Finland.
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 2021.
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.
Innomost offers Barkinno Birch Powder, Betuinno Betulin, and Suberinno Suberin.
Innomost has 3 investors. Key investors include Metsä Spring, Innovestor, and Tesi.
Innomost operates through Innomost Oy.