Powder secured €400k in seed funding from Butterfly Ventures and angel investors from Finland.

Powder, a Helsinki, Finland-based startup working for becoming a food suplements producer, completed a €400k ($430k) capital investment round.

The funding was provided by Butterfly Ventures and angel investors from Finland, including Niklas Hed, Sebastian Östman, Rasmus Östman, Elias Aalto, Juha-Petteri Kukkonen, Kalle Katevuo, Stefan Lindberg and Julia Jouhki.

The money will be used to develop and launch a product.

Powder was founded in 2020 by CEO Mikko Revonniemi  and Jukka Peltola.