Tech Company Financing Transactions
Fiberwood Funding Round
Fiberwood, operating out of Järvenpää, secured $3.2 million in funding from Metsa Spring, Business Finland and Stephen Industries.
Transaction Overview
Company Name
Announced On
2/8/2023
Transaction Type
Venture Equity
Amount
$3,209,000
Round
Seed
Investors
Proceeds Purpose
Fiberwood believes it has a novel solution for insulating property interiors, using spare wood fibres left behind after the bulk of tree bark has been processed.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Satukukanpolku 5 A 6-7
Järvenpää, 04430
FI
Järvenpää, 04430
FI
Phone
Website
Email Address
Overview
Fiberwood is the new ecological wood fibre insulation for various purposes. It has excellent insulation values, is completely bio-based, and therefore does not contain plastic nor other fossil-based materials. It has excellent cushioning/protection abilities in various packagings. Product will be commercially available in mid 2024 and in a small scale already before that.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tage Johansson
Browse more venture capital transactions:
Prev: 2/8/2023: Growblocks venture capital transaction
Next: 2/8/2023: Enmacc venture capital transaction
Share this article
About Database of VC Transactions
We report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs