Adsorbi, a Gothenburg, Sweden-based company developing bio-based materials, raised €360K in Seed funding.
Backers included Metsä Spring, Chalmers Ventures, and Jovitech Invest.
The company intends to use the funds to continue studying product application possibilities and ramp up sales in odour removal and art conservation, while concentrating on product development and field testing with air filter companies.
Led by CEO Hanna Johansson, Adsorbi is developing a cellulose-based air purification material that can be used in air filters and odour removal products. The material, unlike activated carbon, is bio-based. Its original raw material is sustainably harvested from the Nordic forests, and it has a wide range of applications. A significant market where it can remove activated carbon is the odour removal industry for shoes, bags, and cars – making these products more hygienic and prolonging the products’ lifecycle.
The company is a spinout from Chalmers University of Technology based in Gothenburg.
FinSMEs
28/08/2023