SPINNOVA® logo — The textile material innovation 

SPINNOVA®

The textile material innovation 

Founded 2014 Finland Finland 56 employees Grant Total: $22.00M Fashion, Industrial +2

General Information

Company Name SPINNOVA®
Founded Year 2014
Location Finland Finland
Employees 56
Industries Fashion, Industrial, Manufacturing +1
Funding Stage Grant
Social

BounceWatch is an independent company data service, not affiliated with SPINNOVA®. To contact SPINNOVA®, visit spinnova.com.

Is this your company?

Confirm with your work e-mail, get the Verified badge and keep this profile correct yourself. Search engines and AI assistants read it every day.

Get Verified

How does SPINNOVA® compare?

A PDF of SPINNOVA® and up to 10 competitors you pick: team, funding, traffic and every dated move of the last 90 days. Each company is re-checked on the day you order, so it is current.

See a sample report

This takes a few seconds: we look beyond our own index too.

Meeting SPINNOVA® soon?

A one-page PDF brief: what it does, key facts, the last 90 days of dated moves and questions worth asking. Re-checked on the day you order. See a sample

About SPINNOVA®

SPINNOVA® is a Finnish startup dedicated to revolutionizing the global textile manufacturing industry. Founded in 2014, the company's slogan "The textile material innovation" encapsulates its mission to develop groundbreaking technology for creating textile fiber from wood or waste materials, including leather, textile, or food waste, all achieved without the use of harmful chemicals.

With a focus on fashion, industrial, manufacturing, and sustainability sectors, SPINNOVA® has garnered attention and secured a significant €1.90M Grant investment from Business Finland on 14 August 2023.

This strategic investment underscores the potential and relevance of SPINNOVA®'s innovative approach within the textile industry, positioning the company for further growth and impact in the coming years. By leveraging sustainable materials and cutting-edge technology, SPINNOVA® is poised to make a meaningful contribution to the evolution of textile manufacturing on a global scale.

Business keywords: Sustainable Materials, Textile Manufacturing, Innovative Technology, Wood-based Textiles, Bio Materials, R&D, Cellulose, Circular Economy, Environmental Sustainability

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Grant €1.90M 1
Business Finland
14 Aug 2023
Grant €1.60M 1
Business Finland
04 Oct 2022
Venture Round €11.00M -
09 Oct 2019
Venture Round €7.50M 2
Business Finland, European Investment Bank
23 Aug 2018

SPINNOVA® Alternatives & Competitors

View All Alternatives
SPINNOVA® vs

We provide unique solutions for the circular economy through innovative textile waste management.

Seed
14 employees
Manufacturing, Sustainability
SPINNOVA® vs
OceanSafe
OceanSafe Switzerland

Polymer Science Company Developing Next-Gen Materials | www.oceansafe.co

Seed
13 employees
Manufacturing, Sustainability
SPINNOVA® vs
eeden
eeden Germany

We turn textile waste into tomorrow’s resources.

Series A
47 employees
Fashion, Manufacturing

FAQ About SPINNOVA®

The textile material innovation 
SPINNOVA® was founded in 2014.
SPINNOVA® is headquartered in Finland.
SPINNOVA® operates in Fashion, Industrial, Manufacturing and Sustainability. Its work centres on Sustainable Materials, Textile Manufacturing, Innovative Technology and Wood-based Textiles.
SPINNOVA® has approximately 56 employees.
SPINNOVA® has completed 4 funding rounds, raising a total of $22.00M. The latest funding stage is Grant.
Top alternatives and competitors to SPINNOVA® include Re-Fresh Global, OceanSafe, eeden, Feltwood, Manteco. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SPINNOVA® and Re-Fresh Global are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for SPINNOVA®, https://bouncewatch.com/company/spinnova, updated 5 January 2025. When citing, please name BounceWatch and link this page.

Analytics cookies (ours + Google). Cookie Policy

Book a demo 30 minutes