Tech Company Financing Transactions
CleanFiber Funding Round
Spring Lane Capital, AXA Investment Managers and Climate Innovation Capital invested in a $28 million Series B funding round for CleanFiber. This venture round closed on 4/12/2024.
Transaction Overview
Company Name
Announced On
4/12/2024
Transaction Type
Venture Equity
Amount
$28,000,000
Round
Series B
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
640 Ellicott St 108
Buffalo, NY 14203
USA
Buffalo, NY 14203
USA
Phone
Website
Email Address
Overview
We're hungry, we're loyal, and (if you play nice) we're a lot of fun. CleanFiber® (formerly Ultracell Insulation) was conceived by veteran cellulose installers in Maine, who saw dwindling supplies of newsprint as a threat to their livelihood.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Mark Bernfeld
Chairman
Jon Strimling
Chief Executive Officer
Jon Strimling
Chief Financial Officer
Don Simoneau
Chief Operating Officer
Curt Fischer
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We do our best to report on every notable VC transaction. VC transactions reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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