We are thrilled to announce that FineCell has closed a funding round with participation from KIRAM AB, GAEU Consulting, and EIT InnoEnergy. Earlier this year we also expanded our team with Peter Axegå rd as a shareholder and board member. Peter has long commercial and technical experience in sustainable materials which is greatly valuable to FineCell.
With this funding, we will be able to continue our market penetration efforts and further validate the scalability of our production process.
This is an exciting time at FineCell! We have an incredible team that has been devoting themselves to everything we do. We are incredibly grateful for having these new passionate partners joining us. Altogether we will be able to do something really meaningful for our environment and make an impact!