# Betolar: Building Material, Kannonkoski, Finland

> Betolar: Betolar is a materials technology company that transforms industrial sidestreams and waste materials into valuable products.

Source: https://millionrounds.com/startup/betolar (Millionrounds; every figure on the page links to its filing or article)

Finland · [Building Material startup](https://millionrounds.com/companies)

# Betolar

Betolar is a materials technology company that transforms industrial sidestreams and waste materials into valuable products.

Email

Funding reported Last round: Grant

Building Material Kannonkoski, Finland

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Company summary

- **Founded:** 2013 13 years old
- **Team:** 1 1 to 10 people
- **Funding reported:** 16.7M as listed, currency not stated
- **Last round:** Grant Sept 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Betolar has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Betolar raised

Funding, as reported

Reported in all **16.7M** in the source's currency

Rounds **4**

Last round **Grant**

Last round date **Sept 2023**

Investors listed **7**

## Founders and team

From Betolar's own website: 1 founder, 8 on the team.

**Juha Leppänen** Founder, Member of the Board

- **Vibeke Krohn** President and CEO
- **Mikko Wirkkala** Chief Financial Officer
- **Anders Dahlblom** Chairman of the Board
- **Eeva Ruokonen** Member of the Board
- **Inka Mero** Member of the Board
- **Jan-Elof Cavander** Member of the Board
- **Kalle Härkki** Member of the Board
- **Rainer Peltoniemi** Member of the Board

## On 2 portfolio pages

Investors who name them

- [Kiilto Ventures](https://millionrounds.com/fund/kiilto-ventures)
- [Virala Oy Ab](https://millionrounds.com/fund/virala-oy-ab)

Each firm lists Betolar on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Building Material in Finland

Startups like it

- [**Nordtreat** Vantaa · founded 2015](https://millionrounds.com/startup/nordtreat)
- [**Hiil Ltd.** founded 2023](https://millionrounds.com/startup/hiil-ltd)
- [**Cembrit** founded 2012](https://millionrounds.com/startup/cembrit)
- [**Seikat** founded 2013](https://millionrounds.com/startup/seikat)
- [**Framecomp** founded 1990](https://millionrounds.com/startup/framecomp)

## Is this your company?

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