Vantaa, Finland-based Fiberdom, a company specialised in wood fibre material innovation, has secured €3.5M in funding.
The round was backed by long-term investor Heino Group, together with two new investors, Nordic Foodtech VC and Holdix Oy, alongside a €0.6M grant from Business Finland.
The funding will accelerate the company’s strategic growth with strong investment in research and development and further commercialisation of its technology and materials, as well as further strengthening of its core resources.
“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. We have tested our material in numerous applications and discovered that it has massive potential,” says Tomi Järvenpää, General Manager at Fiberdom.
“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,” adds Järvenpää.
Fiberdom: Transforming wood fibres into plastic-free supermaterial
Founded in 2019, Fiberdom is a Finnish materials company that has created a unique supermaterial from FSC-certified wood fibres.
The company has developed a patented process that transforms natural wood fibres into a novel supermaterial that is formable, durable, 100 per cent plastic-free, recyclable, and home-compostable.
The company has commercialised its first application, single-use cutlery that complies with the EU’s stringent Single-Use Plastics Directive, which is now available through Finnish retailers and B2B channels.
The company’s technology can be utilised in various applications in food-contact materials, durable packaging and storage, and interior design and furniture – just to name a few.
Today, Fiberdom’s commercial pilot factory in Vantaa, Finland, produces this supermaterial, with home compostable cutlery as a first-in-market product.
The cutlery is being sold across Finland with some of the biggest retailers in the market.
“This funding represents a pivotal moment for Fiberdom as we scale our breakthrough technology to address the growing global demand for truly alternative materials,” Järvenpää explains.
“We’ve proven our technology works commercially, and now we’re ready to transform entire product categories through strategic partnerships with forward-thinking companies. The materials revolution is happening now, and this investment enables us to accelerate our mission of replacing non-essential plastics with superior material alternatives that deliver both environmental and performance benefits,” Järvenpää concludes.
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