Fiberdom, a Finnish company specializing in wood fibre material innovation, has raised €3.5M in funding, supported by Heino Group and new investors Nordic Foodtech VC and Holdix Oy. This capital, along with a €0.6M grant from Business Finland, will bolster Fiberdom's R&D and commercial initiatives. The firm aims to further the application of its patented supermaterial, which is plastic-free and recyclable, initially launching biodegradable cutlery compliant with EU regulations. The investment indicates strong investor confidence in Fiberdom's technology and vision of sustainable materials.
This substantial investment, especially in today's challenging funding environment, reflects the confidence our investors have in Fiberdom's team and its capabilities, the potential of our supermaterial, technology, and mission.
The commitment from both long-term and new investors underscores the value of what we're building-a future driven by smarter materials that deliver durability and high performance without plastic.
#funding #sustainable-materials #wood-fibre-innovation #biodegradable-products #plastic-free-solutions
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