Greentech startup Woola, which produces packaging material from sheep’s wool, raised €2.5 million under the lead of the Jaan Tallinn’s fund Metaplanet to expand its offering in the luxury goods market. Existing investors Future Ventures and Lemonade Stand also joined the investment round.
In June, 2023, Woola won the prestigious LVMH Innovation Award in the category “sustainability and green technology” and joined the group’s business accelerator La Maison des Startups.
TARK team, which included partner Hannes Küün and lawyer Tarvi Salu, was once again able to assist Woola in a new seed round. We are happy to support and help innovative and environmentally friendly entrepreneurship.