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welcome to the wood age.
The Business
10% of global energy related carbon emissions are linked to construction and construction materials like- cement, steel and glass. 38% of total GHG emissions are due to the global building and construction sector. Unfortunately, 70% of harvested wood in the developing world is wasted, which has exacerbated the carbon and GHG emissions in the sector.
Sustainability Story
Avant Wood have created a proprietary technology called - Thermo Mechanical Timber Modification. This application is able to modify wood and improve low-value wood properties in a sustainable and cost-effective manner. They sell their technology to builders and architects, who can recycle low quality wood to improve profit margins and be more sustainable.
Peak's Angle
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Avant wood's solution results in high material yield and quality. They have a technological advantage since their solution significantly reduces lead time and costs relative to traditional wood treatment processes.
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Globally, medium sized buildings are being incentivised to use wood in their construction which could create a large market that Avant can penetrate
Founders
Marko Savolainen
Co-founder and CEO of
Avant Wood
MBA from Henley Business School
Pekka Ritvanen
Co-founder and CTO of
Avant Wood
MSc. from Tampere University of Technology