{"id":118060,"date":"2023-04-24T12:10:01","date_gmt":"2023-04-24T10:10:01","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/technology-start-up-woodoo-raises-31-million\/"},"modified":"2023-08-26T00:30:36","modified_gmt":"2023-08-25T22:30:36","slug":"technology-start-up-woodoo-raises-31-million","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/technology-start-up-woodoo-raises-31-million\/","title":{"rendered":"Technology start-up Woodoo raises $31 million "},"content":{"rendered":"

[vc_row njt-role=”people-in-the-roles” njt-role-user-roles=”administrator,editor,author,armember”][vc_column][vc_column_text]<\/p>\n

French company Woodoo announced today that it has raised $31 million to expand its platform. The startup, which specializes in materials processing, embodies the rebound of French tech on a global scale.<\/h4>\n

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 <\/p>\n

French tech is doing well! Woodoo<\/strong>, a French start-up that makes new high-tech biomaterials to replace traditional materials, said it raised $31 million, or about \u20ac28 million.<\/strong><\/p>\n

 <\/p>\n

The fundraising was led by Lowercarbon Capital<\/strong>, a fund co-founded by former Google executive and Twitter investor Chris Sacca.<\/strong><\/p>\n

 <\/p>\n

Founded in 2017<\/strong>, Woodoo transforms low-grade wood products into premium high-tech materials<\/strong>, which can then be used to make surfaces and panels, as well as items for luxury goods.<\/p>\n

 <\/p>\n

The startup, located in the Grand Est region known for its forest and woodland, aims to decarbonize the industry<\/strong>. It has just opened the doors to its second factory, which currently has a production capacity of 14,000 m2.<\/p>\n

 <\/p>\n

French tech on the rise<\/h2>\n

 <\/p>\n

The fundraising for Woodoo underscores the growing importance of companies involved in recycling raw materials, as well as the rise of the French tech sector.<\/strong><\/p>\n

 <\/p>\n

President Emmanuel Macron<\/strong> said last year that he wanted to see an increase in the number of French unicorns and tech startups by 2030<\/strong>.<\/p>\n

 <\/p>\n

Traditionally a laggard, the French tech sector has recently completed several high-profile fundraisings.<\/strong><\/p>\n

 <\/p>\n

Read also >Forbes Ranking: French luxury bigwigs dominate Tech<\/a><\/p>\n

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Featured photo : \u00a9 Woodoo[\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=”not-logged-in”][vc_column][vc_column_text]<\/p>\n

<\/h4>\n

French company Woodoo announced today that it has raised $31 million to expand its platform. The startup, which specializes in materials processing, embodies the rebound of French tech on a global scale.<\/h4>\n

<\/p>\n

 <\/p>\n

French tech is doing well! Woodoo<\/strong>, a French start-up that makes new high-tech biomaterials to replace traditional materials, said it raised $31 million, or about \u20ac28 million.<\/strong><\/p>\n

 <\/p>\n

The fundraising was led by Lowercarbon Capital<\/strong>, a fund co-founded by former Google executive and Twitter investor Chris Sacca.<\/strong><\/p>\n

 <\/p>\n

Founded in 2017<\/strong>, Woodoo transforms low-grade wood products into premium high-tech materials<\/strong>, which can then be used to make surfaces and panels, as well as items for luxury goods.<\/p>\n

 <\/p>\n

The startup, located in the Grand Est region known for its forest and woodland, aims to decarbonize the industry<\/strong>. It has just opened the doors to its second factory, which currently has a production capacity of 14,000 m2.<\/p>\n

 <\/p>\n

French tech on the rise<\/h2>\n

 <\/p>\n

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Already have an account ? Please log in<\/b><\/a>.<\/strong>[\/vc_cta][vc_column_text]Featured photo : \u00a9 Woodoo[\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=”people-in-the-roles” njt-role-user-roles=”subscriber,customer”][vc_column][vc_column_text]<\/p>\n

<\/h4>\n

French company Woodoo announced today that it has raised $31 million to expand its platform. The startup, which specializes in materials processing, embodies the rebound of French tech on a global scale.<\/h4>\n

<\/p>\n

 <\/p>\n

French tech is doing well! Woodoo<\/strong>, a French start-up that makes new high-tech biomaterials to replace traditional materials, said it raised $31 million, or about \u20ac28 million.<\/strong><\/p>\n

 <\/p>\n

The fundraising was led by Lowercarbon Capital<\/strong>, a fund co-founded by former Google executive and Twitter investor Chris Sacca.<\/strong><\/p>\n

 <\/p>\n

Founded in 2017<\/strong>, Woodoo transforms low-grade wood products into premium high-tech materials<\/strong>, which can then be used to make surfaces and panels, as well as items for luxury goods.<\/p>\n

 <\/p>\n

The startup, located in the Grand Est region known for its forest and woodland, aims to decarbonize the industry<\/strong>. It has just opened the doors to its second factory, which currently has a production capacity of 14,000 m2.<\/p>\n

 <\/p>\n

French tech on the rise<\/h2>\n

 <\/p>\n

[…][\/vc_column_text][vc_cta h2=”This article is reserved for subscribers.” h2_font_container=”tag:h2|font_size:16|text_align:left” h2_use_theme_fonts=”yes” h4=”Subscribe now !” h4_font_container=”tag:h2|font_size:32|text_align:left|line_height:bas” h4_use_theme_fonts=”yes” txt_align=”center” color=”black” add_button=”right” btn_title=”I SUBSCRIBE !” btn_color=”danger” btn_size=”lg” btn_align=”center” use_custom_fonts_h2=”true” use_custom_fonts_h4=”true” btn_button_block=”true” btn_custom_onclick=”true” btn_link=”url:https%3A%2F%2Fluxus-plus.com%2Fen%2Fsubscriptions-and-newsletter-special-offer-valid-until-september-30-2020-2-2%2F”]Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters…<\/p>\n

Already have an account ? Please log in<\/b><\/a>.<\/strong>[\/vc_cta][vc_column_text]Featured photo : \u00a9 Woodoo[\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=”people-in-the-roles” njt-role-user-roles=”subscriber,customer”][vc_column][vc_column_text]<\/p>\n","protected":false},"excerpt":{"rendered":"

[vc_row njt-role=”people-in-the-roles” njt-role-user-roles=”administrator,editor,author,armember”][vc_column][vc_column_text] French company Woodoo announced today that it has raised $31 million to expand its platform. The startup, which specializes in materials processing, embodies the rebound of French tech on a global scale.<\/p>\n","protected":false},"author":1,"featured_media":114953,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"French company Woodoo announced today that it has raised $31 million to expand its platform.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","footnotes":""},"categories":[],"tags":[22419],"class_list":["post-118060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-news-en"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/118060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=118060"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/118060\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/114953"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=118060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=118060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=118060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}