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Woodly Oy makes plastic-like granulate from wood-based cellulose, offering a sustainable alternative for packaging and plastics.
Founded in 2011 and headquartered in Espoo, Finland, Woodly Oy sells its Woodly granulate to plastics converters for blown film, cast film and injection molding, mainly for flexible and rigid packaging. Clients include R-kioski and Compass Group Finland. The company has raised EUR 2.000 mn in total funding, including a GROWTH round of EUR 2.000 mn in May 2019 led by Besodos Investors, Copacking Oy and Eski B.V. Jaakko Kaminen is CEO.
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