Best Chemicals and Materials Tech Companies in Finland
The 38 best Chemicals and Materials Tech companies in Finland in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Spinnova.
Our analysis of 50 Chemicals and Materials Tech companies
$4.4b in tracked funding; 79% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Chemicals and Materials Tech companies in Finland
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Web popularity | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Spinnova Developer of cellulose-based textile fibres | $71M | 36 mo ago | 78 | Janne Poranen Executive Chairman of the Board | RubyAnimate.cssTailwind CSS+13 | Top 10M | 95 patents Protein-based textile fiber and yarn manufacturing from natural proteins | 1 partnership |
| 2 | Picosun Developer of thin film coating machinery for industrial purposes | $21M | 86 mo ago | — | — | — | — | 697 patents Thin‑film plasma deposition equipment and process control for semiconductor manufacturing | — |
| 3 | CH-Bioforce Biomass fractionating technology solution provider | $18M | 50 mo ago | 11 | Sebastian Schoultz Co-Founder & Chief Business Officer | WordPressMySQLPHP+19 | Top 50M | 57 patents Biomass valorization: lignin extraction, hemicellulose and cross‑linkable xylan production. | — |
| 4 | Sulapac Manufacturer of bio-based, biodegradable plastic alternatives | $18M | 39 mo ago | 34 | Suvi Haimi Co-Founder & CEO | WordPressMySQLPHP+24 | Top 5M | 57 patents Sustainable wood-based biodegradable composites for flexible, thin‑walled packaging solutions. | 2 launchs · 1 award |
| 5 | UPM Biochemicals Wood-based biochemical manufacturer | $14M | 44 mo ago | 94 | Jussi Pesonen Co-CEO | Optimizely Content ManagementMicrosoft ASP.NETAmazon Web Services+14 | Top 10M | — | — |
| 6 | Comptek Solutions Provider of III-V compound semiconductor material | $9M | 36 mo ago | 19 | — | — | — | 41 patents Semiconductor thin‑film processing, surface passivation, and optoelectronic device fabrication. | — |
| 7 | Innomost Manufacturer of bio-based ingredients derived from upcycled birch bark side streams | $7M | 48 mo ago | 10 | — | WordPressMySQLPHP+11 | Top 50M | 10 patents Extraction of high‑purity betulin from birch bark and related coating formulation technologies. | 1 award |
| 8 | Nordic Bioproducts Group Provider of cellulose based bioplastics | $6M | 7 mo ago | 26 | Olli Kahkonen Co-Founder | WordPressPleskMySQL+14 | Top 50M | 10 patents Microcrystalline cellulose production reactors and lignin‑based feed additive formulations | — |
| 9 | Optitune Developer of nanocoatings for metal, glass, plastic, and electronic applications | $5M | 45 mo ago | 22 | Ari Karkkainen CEO & CTO | WordPressMySQLPHP+22 | Top 50M | 71 patents Fluorine‑free siloxane hard‑coatings for abrasion‑resistant, fingerprint‑proof, flexible surfaces | — |
| 10 | Fiberdom Developer of functionalized wood fiber supermaterial for plastic-free packaging solutions | $4M | 17 mo ago | — | Tomi Jarvenpaa Founder | WixSentryBootstrap+12 | Top 50M | 40 patents Patents concentrated in textiles | — |
| 11 | MetGen Develops industrial enzymes for Lignocellulosic biomass | $4M | 32 mo ago | 28 | Alex Michine Co-Founder & CEO | WordPressMySQLPHP+13 | Top 50M | 123 patents Lignin-derived biopolymers and enzyme variants for moisture‑resistant paper and thermoplastics | — |
| 12 | Elea Lili Deep-tech biomaterials company commercializing a new class of cellulose-based superabsorbent materials | $3M | 5 mo ago | — | Miika Nikinmaa Co-Founder & CTO | — | — | — | — |
| 13 | PiBond Manufacturer of patterning materials for semiconductors and optical materials | $3M | 44 mo ago | 50 | Juha Rantala Founder | ContentfulNode.jsTailwind CSS+16 | Top 50M | 50 patents Advanced lithography resists, low‑k dielectric films, and hybrid silicon‑based coatings for semiconductor patterning | — |
| 14 | AFFIX Labs Provider of anti-microbial coatings for textiles | $1M | 4 mo ago | 44 | — | Wix eCommerceWixSentry+13 | Top 50M | 5 patents Aqueous surfactant formulations for delivering oil-based agrochemical actives | — |
| 15 | Woamy Developer of recyclable cellulose-based foam | $1M | 43 mo ago | 8 | Mohamed Elamir Co-Founder | Wix eCommerceWixSentry+14 | Top 50M | 18 patents Foam manufacturing and cross‑laminated protective composite panel production technologies. | 1 launch · 1 award |
| 16 | ABMcomposite Developer of biodegradable plastic solutions for the medical and technical industries | $302K | 83 mo ago | 31 | — | WordPress Block EditorwpBakeryWordPress+32 | Top 50M | — | — |
| 17 | Nanol Manufacturer of lubricant nano-additive lubricant for fuels | $120K | 62 mo ago | 2 | Johan von Knorring Founder & CTO | — | — | 17 patents Formulating advanced lubricant additive compositions for greases and oils | — |
| 18 | Bionavis Provider of surface plasmon resonance solutions for biomolecular interaction and nanolayer analysis | $37K | 90 mo ago | — | Johana Kuncova-Kallio CEO | — | — | 11 patents Real-time surface phenomenon monitoring and biosensor-based diagnostic analysis | 1 award |
| 19 | Manna Insect Provider of solutions to convert bio waste into proteins and bio oils | — | 38 mo ago | 10 | Ykä Marjanen CEO and founder | WordPressMySQLPHP+28 | Top 5M | 7 patents Mass-rearing systems and incubators for large‑scale insect/larvae production | — |
Top 12 Chemicals and Materials Tech companies in Finland
#1
Series A · Espoo, Uusimaa · founded 2019 · 26 employees$6.5Mraised▾
Provider of cellulose-based bioplastics. It provides users with developing and commercializing smart biotechnologies to redesign cellulose into bioproducts. It also provides users with microcrystalline cellulose and bioproducts.
- Jan 2026Series A—
- Mar 2023Series A—
- Dec 2022Series A$6.5M
- Oct 2022Grant (prize money)$380.6K
#2
Seed · Helsinki · founded 2026$2.9Mraised▾
Deep-tech biomaterials company commercializing a new class of cellulose-based superabsorbent materials. It offers a fossil-free and biodegradable alternative to traditional superabsorbent polymers. It has potential applications in disposable diapers, agricultural water retention products, and other industries that rely on superabsorbent materials.
- Mar 2026Seed$2.9M
#3
Seed · Helsinki, Uusimaa · founded 2020 · 44 employees$1.2Mraised▾
Provider of anti-microbial coatings for textiles. It has developed a coating that kills bacteria, fungi, and viruses. Its product portfolio includes insect repellent coatings, anti-microbial coatings, and a disinfecting cleaning solution. It also offers textile coatings that help aid workers in malaria territory.
- Apr 2026Seed$1.2M
#4
Series A · Vantaa, Uusimaa · founded 2019$4.4Mraised▾
Developer of functionalized wood fiber supermaterial for plastic-free packaging solutions. The company’s patented process creates a high-performance material using natural ingredients. This material is engineered for durability, functionality, and adaptability across diverse industries. It is recyclable within carton recycling streams and home compostable. The material is certified for disintegration, compostability, and food contact safety.
- Apr 2025Grant (prize money)$649.3K
- Apr 2025Series A$3.8M
#5
Public · Jyvaskyla, Central Finland · founded 2015 · 78 employees$70.7Mraised▾
Developer of cellulose-based textile fibres. It converts wood and wood pulp into micro-fibrillated cellulose fibres that can be woven into biodegradable and sustainable fabric. It has applications in apparel, footwear, accessories, home textiles.
- Aug 2023Grant (prize money)$2.1M
- Oct 2022Grant (prize money)$1.6M
- Jun 2021Series B$3.6M
- Oct 2019Series B$12.1M
#6
Series C · Helsinki, Uusimaa · founded 2016 · 34 employees$17.7Mraised▾
Manufacturer of bio-based, biodegradable plastic alternatives. It offers sustainable replacements for conventional plastics across various applications, including cosmetics, food services, and 3D printing. The materials are compatible with existing plastic processing machinery, facilitating a smooth transition for manufacturers. The company provides both raw materials and ready-made products through a network of partners. Its materials fully biodegrade without leaving microplastics.
- May 2023Series C$6.4M
- Apr 2023Conventional Debt—
- Dec 2022Series C—
- Oct 2020Grant (prize money)$58.3K
#7
Series A · Turku, Varsinais-suomi · founded 2017 · 19 employees$9.2Mraised▾
Provider of III-V compound semiconductor material. It provides users with semiconductor material to increase the manufacturing yield of semiconductor-based devices. The main features of its proprietary technology include reduction of interface defect state density, an almost defect-free surface of the compound semiconductor, and surface reconstruction stability under air exposure.
- Aug 2023Series A$8.7M
- 2022Grant (prize money)$2.8M
- May 2022Grant (prize money)$2.6M
- Nov 2018Grant (prize money)$57K
#8
Public · Kaarina, Southwest Finland · founded 2008 · 28 employees$3.5Mraised▾
MetGen develops and produces genetically modified eco-friendly enzymes that break down lignin. MetGen’s enzymes are industrial, highly-active, natural catalysts that accelerate chemical reactions. The company claims the use of MetGen enzyme leads to energy saving during the pulping process in paper manufacturing, reduced costs and improved yield in production of bioethanol from cellulosic waste and purification of water from phenolic compounds and lignin.
- Jan 2024Grant (prize money)$680.7K
- May 2021Grant (prize money)$711.6K
- Feb 2019Grant (prize money)—
- Jan 2019Series A$571K
#9
Funding Raised · Espoo, Uusimaa · founded 2016 · 11 employees$18.3Mraised▾
CH-Bioforce provides biomass fractionating technology solutions that can convert biomass into cellulose, lignin, and hemicellulose. It uses Pressurized hot water extraction(PHWE) process to extract hemicellulose from wood chips, straw, etc. The materials produced can be used in place of fossil fuels in the textile and packaging industry.
- Jun 2022Grant (prize money)$15.8M
- Nov 2021Grant (prize money)$56.4K
- Mar 2019Grant (prize money)$2.4M
#10
Funding Raised · Helsinki, Uusimaa · founded 1996 · 94 employees$14.5Mraised▾
Wood-based biochemical manufacturer. Its applications are in replacing fossil-raw materials, forestry, climate neutral feedstock, and glycol production.
- Dec 2022Grant (prize money)$14.5M
#11
Series A · Kokkola, Central Ostrobothnia · founded 2016 · 10 employees$6.9Mraised▾
Manufacturer of bio-based ingredients derived from upcycled birch bark side streams. The company transforms sustainably sourced birch bark into valuable products for various industrial applications. These upcycled ingredients offer alternatives to fossil-based materials. The products provide high performance across applications, including cosmetics, personal care, adhesives, coatings, and paints.
- Aug 2022Series A$995.9K
- Aug 2021Series A$5.9M
#12
Acquired · Espoo, Uusimaa · founded 2004$21.1Mraised▾
Picosun develops thin-film coating machinery to conduct atomic layer deposition (ALD), which produces ultrathin and uniform layers of coating substance on the substrate metal, using gas-phase chemical reactions at the surface. The company builds its products in two lines - the P series for industrial production and the R series for pilot production. Its clients are manufacturers of ICs, MEMS, optical and display devices, medical equipment, etc. The company also builds plasma-enhanced ALD machinery.
- Jun 2019Series A$13.6M
- Sep 2013Angel$7.4M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Chemicals and Materials Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Advanced Materials is moving in Finland
A read on the academic research around Advanced Materials — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 26 Finland-affiliated papers.
- Aalto University12
- Tampere University9
- University of Oulu4
- VTT Technical Research Centre of Finland2
- Lappeenranta-Lahti University of Technology2
- Actuator8
- Morphing6
- Smart material6
- Elastomer6
- Shape-memory alloy4
- Nanotechnology2
- Piezoelectricity2
- Underwater1
- Self-healing1
- Byssus1
- Microsystem1
- Piezoelectricity1
- Ceramic1
- Actuator1
- Composite material1
Where advanced materials is researched across Finland
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.