Spinverse helped Lignin Industries secure 4.4 M€ from Innovation Fund to expand their production of bio-based materials
Lignin Industries from Sweden converts lignin so it can be blended with virgin and recycled thermoplastics to create new types of bioplastics. Lignin Industries recently secured 4.4. M€ funding from the EU Innovation Fund to help them financing the expansion of the first-of-its-kind large-scale production site located in Sweden. Lignin Industries secured their success in the highly competitive application process with support from Spinverse funding experts.