Supporters of Woola
Woola is backed by investors and grants
Changing an entire industry is no easy feat. We are glad to have the support of several investors (including funds like Future Ventures and Metaplanet) as well as grant financing.
Read more about our latest financing round here or keep scrolling to find out more about the grants that help us on our mission.
Co-financed by the European Union
In 2025, Woola received a grant from the Agricultural Registers and Information Board of the Republic of Estonia to purchase a forklift, a compressor, and new shelving for our factory.
Here’s how the grant financing is helping us replace more plastic bubble wrap with wool packaging:
The new compressor reduced noise levels in the factory, improving the work environment and keeping our employees healthy. In addition, a proper compressor ensures a stable and problem-free air supply to the pneumatic lines.
The new shelving helps us use our factory space more efficiently. It has also led to a faster and safer production process by feeding raw material more efficiently to the production line.
The new forklift will help speed up the production process, as it will replace manual labor. Additionally, it will help us use factory space more efficiently, as we will be able to stack more materials.
