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Woodoo turn low-grade and diseased wood into premium high-tech materials, which can then be used to make surfaces and panels, as well as items for luxury goods.

The funds raised will first of all enable the company to multiply its production capacity by five. (“We have just acquired a second industrial site in Troyes, which brings our production capacity to 14,000 m² per year,” emphasizes the director.)

After the luxury goods and automotive industries, Woodoo is going to use its invention in the construction sector.

After having created augmented wood six years ago, the start-up has raised $31 million to support its industrialization.

To create its materials, Woodoo has implemented a process that overcomes the inherent constraints of wood to offer the transparency of glass, the flexibility of leather and the strength of steel.

Woodoo’s technology takes low-grade and even discarded wood products and uses its proprietary engineering platform to transform them into premium high-tech materials.

Woodoo—a French biomaterials startup transforming low-grade wood into high-performance, low-environmental impact materials—has raised funds in a round led by Lowercarbon Capital

The startup announced a $31 million fundraising. After the luxury and automotive industries, it will use its invention for the construction sector.

Woodoo, a startup that turns wood into an alternative to leather, glass, concrete and steel, announced the closing of its first round of funding, led by Lowercarbon Capital, a multi-billion dollar Climate Tech fund.

The start-up, which specializes in the transformation of materials, embodies the rebound of French tech on a global scale. (in french)