News

2.2.2021

7,5 million funding for our member Woodio

Woodio has been selected for funding by the European Innovation Council (EIC), more precisely by its EIC Accelerator programme. The funding comprises a EUR 2.5 million grant and an option for further EUR 5 million equity financing.

The competition to become part of the programme was very stringent with less than 1% of applicants finally winning the funding. Woodio was the only one receiving funding from Finland in this call.

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Kuva: Riikka Kantinkoski / Woodio