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