We are very excited to announce that Combient Foundry will be partnering with Outokumpu, the global leader in sustainable stainless steel, on topics around advanced material discovery and by-products valorization.
Leading industrial firms including Atlas Copco, Autoliv, Epiroc, Husqvarna Group, KONE, Scania, and Stora Enso have been working with Combient Foundry for years in order to solve industrial product and business development needs by collaborating with the top startups worldwide. Now Outokumpu is joining this list of companies. For startups, this creates all new opportunities for business, that you can learn more of here.
Outokumpu is accelerating the green transition as the global leader in sustainable stainless steel – employing approximately 8,500 professionals in close to 30 countries, and holding the market leader position in Europe. The company’s business is based on the circular economy: Outokumpu’s products are made from 95% recycled materials, which are then turned into fully recyclable stainless steel. This steel is utilized in various applications across society, including infrastructure, mobility, energy, and household appliances.
Outokumpu specializes in advanced stainless steel grades and products designed for demanding applications, offering superior corrosion resistance, durability, and the industry-lowest carbon footprint – 75% lower compared to the global industry average*. As a leader in developing innovative stainless steel materials and processes, Outokumpu plays a key role in advancing sustainability and circular economy practices within the industry.
Together with Combient Foundry members, Outokumpu may benefit from the synergies we create as a group, including shared best practices, references to top startup solutions, and insights and data on operations, KPIs, and reporting.
“We are thrilled to establish a collaboration with Combient Foundry and their network of industrial companies and start-ups. This partnership marks a new milestone in the development of Outokumpu’s innovation capabilities. It is a vital step for the company, as our ability to innovate swiftly and intelligently will be key to our future success”,
says Laura Conrads, Senior Manager, Group Innovation at Outokumpu.
“It’s a privilege to start working together with Outokumpu. We are also seeing world-class startups working on many areas in advanced materials, energy, and circularity, and we look forward to building bridges with them and Outokumpu”,
says Lauri Lehtovuori, CEO of Combient Foundry.
Explore Venture Client opportunities from Outokumpu and other Foundry companies here! Don’t forget to follow us on LinkedIn for the latest updates.
About Combient Foundry
Combient Foundry is the Venture Client Alliance of leading Nordic Industrial companies. We create mutual growth opportunities by fostering commercial partnerships between these companies and top-tier technology startups. Read more about us on https://combientfoundry.com/our-approach.
*) Outokumpu stainless steel CO₂ emissions (2023): 1.52 kg CO₂e per kg of stainless steel. Global average CO₂ emissions (2023): 7 kg CO₂e per kg of stainless steel. (Outokumpu’s calculation based on data provided by CRU, worldstainless and Kobolde & Partners AB)
