From used alkaline batteries to organic certified fertilizers – Tracegrow Oy is scaling up with a new investment from Nordic Foodtech VC
Tracegrow Oy, Finnish circular economy company, produces organic certified fertilizers from used alkaline batteries. The company´s patented process is based on the separation of micronutrients from recycled alkaline batteries and industrial side streams. Tracegrow’s fertilisers are proven to reduce carbon emissions and enhance crop productivity compared to traditional methods. Organic certified fertilizers are already available in 15 markets and now technology development and market expansion are accelerated with a new investment from Nordic Foodtech VC.
Tracegrow´s CEO Mikko Joensuu: “We are happy that leading foodtech investor in Nordics is
backing our growth. Nordic Foodtech VC is bringing insight, knowledge and networks from the
food system to our company. Together we see great potential in helping primary production in
transition towards more ecological and productive future.”
Nordic Foodtech VC is investing explicitly in the future of food and food technology. The fund is enabling system level change and scale up Nordic innovations doing good for the people, planet and society.
Mika Kukkurainen, partner and co-founder of Nordic Foodtech VC: “Reuse of non-renewable natural resources is important for all of us. Tracegrow´s magic sounding technology enables true circular economy and provides remarkable global potential. We are happy to join the
company and support their development and growth.”
More information:
Tracegrow Oy
Mikko Joensuu, CEO
+358 50 581 3267 | mikko.joensuu@tracegrow.com
www.tracegrow.com
Nordic Foodtech VC
Mika Kukkurainen, partner
+358 50 572 3817 | mika@nft.vc
www.nft.vc
