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FineCell has been granted 3.5 million SEK by Formas (Swedish research council for sustainable development) to support a collaborative research project “Design and development of recycled alternative to fossil-based plastic: towards a sustainable industry” between FineCell and KTH Royal Institute of Technology. With this support, we will be able to develop high-performance and recyclable composites based on recycled plastics and our cellulose micro-/nanofibers. See the details here.

FineCell is one of the seven winners of autumns Business Challenge 2021 and awarded the title “Best Company”! The competition involved 250 participating startups, all with great growth potential. What an incredible experience! Our sincere appreciation goes to the organizers and judges of this competition, our partners, as well as our supporters! Now we’re very much looking forward to the following business development program, where Business Challenge will help us boost our sales, get ready to scale, boost our publicity, give us access to their partner companies, support us for future investments, and broaden our network. See more details here.

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!

FineCell is one of the Nordic Top 50 Impact Companies for the year 2020, selected by The One Initiative. For over three years The One Initiative have studied more than 7,000 growth companies – startups and SME’s – in the Nordic region. The companies have been assessed on their commercial viability combined with their impact scalability – using The One Initiative’s Impact Business Score System. Today The One Initiative have over 1,000 Nordic impact companies in the database. All are assessed on their ability to seriously solve some of the UN Sustainable Development Goals, rated on parameters such as innovation, scalability, impact measurement, business model, market opportunities, financial results and much more. With the help from some of the most experienced people in the Nordic impact ecosystem; impact investors, founders, business advisors and experts, The One Initiative have selected some of the promising impact companies in the Nordics and the Baltics. FineCell is one of the 50 companies selected for the year 2020. Read the full article here: https://www.oneinitiative.org/nordic-top-50/