25th November 2022

Seminar at Expocorma 2022, Chile : Why did South American giants choose Finland to accelerate innovation?

Latin American forestry giants invest on the Finnish innovation ecosystem and start-ups. Innovation and Information Manager Felipe Alcalde from CMPC explains the phenomenon and growing interest towards Finland.

Finnish Pavilion dives deeper into the phenomenon on why Finnish innovation ecosystem has caught the eye of the Latin American forestry giants.

Marjaana Suorsa from the Finnish Forest Industries Federation’s presents the Finnish innovation ecosystem and the recents trends in innovation in the forestry sector.

Recent investments to Finland:

2022 – CMCPC Ventures, CMPC invested 20 MEUR opened its new office Finland at University of Aalto

2022 – CMPC and the Finnish Norm Bioproducts Group to develop textile fiber from cellulose. An initial investment of 6.5 million euros from CMPC

2023 – Espoo-based startup Woamy has raised 1 million euros in a seed round led by CMPC Ventures

2022 – The world’s largest wood pulp producer Suzano from Brazil, invested estimated 22 million euro to build the first commercial scale SPINNOVA®production facility in Jyväskylä Finland

2024 – Beontag, Brazilian manufacturer of adhesives and smart tags, invested in a global R&D center to Tampere 40 million USD

Read more in Spanish: https://trade-news.cl/2022/11/22/seminario-analizara-oportunidades-que-ofrece-el-ecosistema-de-innovacion-de-finlandia/