18 Dec 2023 --- Metsä Spring is leading a €1 million (US$1.090 million) seed funding round in Swedish start-up FineCell to produce dry cellulose powder and hydrogels for beauty, healthcare and paint products. The innovation also focuses on developing transparent and flexible films. The funds will boost material application research, engage with potential customers and finalize the plan for a demo production facility toward the end of 2024.