Tech Company Financing Transactions
Fiberwood Funding Round
Fiberwood closed a $8.4 million financing round on 5/23/2024. Investors included Metsa Spring, Stephen Industries and private investors.
Transaction Overview
Company Name
Announced On
5/23/2024
Transaction Type
Venture Equity
Amount
$8,350,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts to prepare to enter a commercial phase with the aim of international growth.
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
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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.
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