# Innomost

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/innomost

- Industry: Consumer Products
- Headquarters: Kokkola, Finland
- Website: www.innomost.com
- Total disclosed funding: $5.9M
- Latest round: Seed (Aug 10, 2021)
- Investors on record: 2

## About

Founded in 2016 and based in Kokkola, Finland, Innomost Oy operates as a cosmetic company that uses nordic birch wood. The company was founded by CEO Sami Selkälä. In August 2021, Innomost raised EUR 5 million in Seed funding led by Metsa Spring.

Innomost is a cosmetic company that upcycles valuable birch bark compounds to replace environmentally harmful ingredients in products from cosmetics to pharmaceuticals. The company also develops, produces, and sells active ingredients for the cosmetics and personal care industry.

Innomost generates revenue from selling its cosmetic products.

The company plans to use its funding from August 2021 towards further research and development, as well as growing its existing customer base in international markets.

## Funding rounds

- Seed, Aug 10, 2021, $5.9M — Innovestor, Metsa Spring

## Investors

- Innovestor (https://capitalatlas.ai/funds/innovestor) — Seed
- Metsa Spring (https://capitalatlas.ai/funds/metsa-spring) — Seed