PaperShell signs a €40.3 million grant agreement with the EU Innovation Fund
PaperShell signs a €40.3 million grant agreement with the EU Innovation Fund
Topics: Economy, Finance
-
-
Fully Oversubscribed Funding Round Secures 150 MSEK to Accelerate PaperShell’s Expansion
PaperShell has successfully raised 150 MSEK in a fully oversubscribed funding round, attracting both institutional and private investors. Investors include DNB Asset Management (NO), Kistefos (NO), Course Corrected (SE), Carrick Family Office (SE), alongside a mix of institutional and private strategic investors and existing shareholders.
“We are proud and grateful for the continued trust from -
PaperShell has been invited to prepare a Grant Agreement under the EU Innovation Fund — A €83.2 million co-financing investment to scale industry capacity
PaperShell has been one of the 61 selected of 359 applicants in the Medium-Scale category within the Net Zero Technologies by CINEA to the finalizing Grant Agreement Preparation phase under the EU Innovation Fund 2024, one of the world’s largest climate-innovation programmes. The €83,2 million planned expansion will scale PaperShell’s Tibro-based factory, increasing production of fossil-free and l
