The company has recently announced cooperation with K-Group, HKScan, Orthex, Kiilto, Black Moda and Vihreäkeiju. The first packaging made of Woodly® material was brought to the stores by K-Group with its own brand label Pirkka Rose Begonia products. In addition, Woodly® material is already used in Black Moda's selected textile packaging and Vihreäkeiju's herb packaging.
"Sales have started and the first packaging made of Woodly® material has been brought to market in Finland. With the new funding, we will be able to invest in international commercialisation. Until now, there have been foreign sales to Sweden, Germany, Portugal and Japan," says Jaakko Kaminen, CEO of Woodly Ltd.
The main owners of Woodly are Besodos Investors Oy and Ratkaisutoimisto Seedi Oy, (who also founded Woodly Ltd).
"Saving the world is the most interesting business area. Woodly wants to be a major player in this market. This funding round is an important step in this journey," says Marko Parkkinen, CEO of Ratkaisutoimisto Seedi and Chairman of Woodly's Board of Directors.