Fenola Group

Bioprospecting company helping the world to discover Artcic nutraceuticals.

  • Stage Product In Development
  • Industry Biotechnology
  • Location Seinäjoki, Finland
  • Currency EUR
  • Founded November 2011
  • Employees 35
  • Website fenola.fi

Company Summary

We are a life science start-up founded in 2011 to develop and manufacture unique nutraceutical ingredients i.e. vegan Vit D3, flavonoids and compounds for metabolic syndrome. Soon after we acquired an existing pharma contract manufacturing firm. Based on own R&D we manufacture the ingredients for distribution to brand holders globally. The group has turnover of 4-5 M€, 35 employees, two factories, own R&D and Nordic science partner network.

Team

  • Stein Ulve
    CEO, Founder, Chairman of the Board

    Has held senior management positions for 20 yrs with international industrial market experience. Built ProBio Nutraceuticals (renamed Ayanda in 2008) during 2000-2007 as Founder and CEO, with a profitable 30-40% annual growth, and served Ayanda as General Manager until 2011 after selling his shares of the company.

  • Dr. Petri Lackman
    R&D Director

    Has a strong scholarly background, a particularly deep understanding of plant biochemistry and analytical disciplines, such as NMR technology, as well as a stringent approach to managing data and scientific projects. Has built a strong network and a direct personal access to relevant researcher leaders within the Nordic life science community

  • Hannu Pesonen
    Supply Chain Director

    Has a stringent track record in purchasing and supply chain management in competitive international industrial environment. Led supplier relations, agreement negotiations, price negotiations, global supplier management, forecasting and order handling at one of Finland’s leading industrial companies for six years

  • Johannes Werner
    Member of the Board, Production and technology development

    Independent Consultant since 2013; has previously worked as General Manager, Global Director Production, Production Manager and Project Manager at Ayanda Group AS 2008-2013; Technical Director, Site Manager at Klosterfrau Berlin 2001-2008, QM Manager, Technical Director at Acritec GmbH 1997-2001; Scientific Researcher at Institute for Biomedical Technique at University or Rostock 1992-1997. PhD in Biomechanical Engineering, University of Rostock

  • Kedar Munipella
    Member of the Board, International partnerships & global sales network

    Has served Applied Materials, Inc. since 2006: General Manager Thin Film Deposition since 2014, Senior Director Global Product Mana-gement 2011-2013, Director Solar Sales for Americas 2009-2011; Senior Regional Manager SunFab Thin Film Solar 2006-2009; and, prior to Applied Materials, as Project Manager at Tata Consultancy Services Ltd. 2002-2006; Application Engineer, High Tech Consulting Practice at i2 Technologies, Inc. 2001-2002

  • Ville Orrenmaa
    Member of the Board, Sales competence and general strategy development

    Has served Myynninmaailma Oy as Sales Marketing consultant since 2014 and previously worked as Project Manager Business Incubation at Frami Oy 2010-2014, Project Engineer at Miktech Oy 2009 and NDT Inspector at Rautaruukki plc 2008

Advisors

Previous Investors

  • Stein Ulve
    Owner, Founder, CEO
    Unconfirmed

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