FundedIQ
Clothing and Apparel

Spinnova: Funding, Investors & Team (Sep 2026)

Spinnova transforms the way textiles are manufactured globally. Spinnova has developed breakthrough technology for making textile fibre out of wood or waste, such as leather, textile or food waste, without harmful chemicals.

spinnova.com LinkedIn Jyväskylä, Finland 51-100 employees
Fashion Industrial Manufacturing Sustainability Textiles
Total raised
$17.4M
Rounds
3
Latest
Undisclosed round
Oct 2024

Spinnova has raised $17.4M across 3 funding rounds on record, the most recent an undisclosed round of $13.7M announced in Oct 2024.

That round is above the $3.0M median round size for Clothing and Apparel companies tracked on FundedIQ over the last two years.

Spinnova Company Profile and Key Stats

Total funding raised
$17.4M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Undisclosed round
$13.7M in Oct 2024
Employees
51-100
reported band
Headquarters
Jyväskylä, Finland

Latest funding round on record: Oct 2024.

Spinnova Funding Rounds

Date
Round
Amount
Undisclosed round
$13.7M
Undisclosed round
$2.1M
Grant
$1.6M

Spinnova raised $1.6M in a Grant announced in Oct 2022.

10 months later, an undisclosed round of $2.1M was announced in Aug 2023.

1.2 years later, an undisclosed round of $13.7M was announced in Oct 2024.

Spinnova Founders and Leadership Team

Name
Role
Contact
Janne Poranen
Founder
Locked
Juha Salmela
Founder
Locked

Contact details for the Spinnova team: 2 of 2 have an email address on file.

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Spinnova Funding Compared to Other Clothing and Apparel Startups

Segment
Companies
Median round

Spinnova's latest round of $13.7M is above the median round in Clothing and Apparel. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Spinnova in Clothing and Apparel and Jyväskylä

Companies Similar to Spinnova

Spinnova Funding FAQs

What does Spinnova do?

Spinnova transforms the way textiles are manufactured globally. Spinnova has developed breakthrough technology for making textile fibre out of wood or waste, such as leather, textile or food waste, without harmful chemicals.

How much funding has Spinnova raised?

Spinnova has raised $17.4M across 3 rounds on record. The most recent is an undisclosed round of $13.7M announced in Oct 2024.

When did Spinnova last raise funding?

Spinnova's most recent funding round on record is an undisclosed round of $13.7M, announced in Oct 2024.

Who founded Spinnova?

FundedIQ lists Janne Poranen (Founder), Juha Salmela (Founder) at Spinnova.

Where is Spinnova headquartered?

Spinnova is based in Jyväskylä, Western Finland, Finland.

How many employees does Spinnova have?

Spinnova is in the 51-100 employee band.

How does Spinnova's funding compare to other Clothing and Apparel startups?

Spinnova's latest round of $13.7M is above the $3.0M median round size for Clothing and Apparel companies on FundedIQ across 584 tracked companies over the last two years.

About FundedIQ's Spinnova Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Spinnova is left off this page rather than filled in.

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