What does Fiberdom do?
Fiberdom is a materials innovation company based in Vantaa, Finland, specializing in the creation of sustainable wood fiber-based materials. Its products are 100% plastic-free, durable, recyclable, and home-compostable, and they are used in food-contact materials, durable packaging, and interior design applications.
How much did they raise?
The company raised €3.5M in funding with participation from investors such as Heino Group, Nordic FoodTech VC, and Holdix Oy, along with a €0.6M grant from Business Finland.
What are their plans for the money?
Fiberdom intends to use the funds to invest in research and development, further commercialization of its technology, and to strengthen its core resources, thereby accelerating its strategic growth and expanding its market reach.
What have they achieved so far?
Founded in 2019 and led by CEO Tomi Järvenpää, Fiberdom has already achieved significant progress by developing a novel material from FSC-certified wood fibers that meets stringent sustainability and durability standards.
