CleanFiber
CleanFiber transforms recycled cardboard into cellulose insulation, addressing the dwindling supply of traditional newsprint-based insulation. Their innovative process overcomes challenges posed by contaminants in cardboard, creating a sustainable and cost-competitive alternative for the construction industry. The company has already built and operates a factory, demonstrating the viability of their technology.
Buy Funded Startups lists
Funding Round: Series B
Funding Amount: $28M
Date: 12-Apr-2024
Investors: Spring Lane Capital, Ahlström Invest, AXA Investment Managers, Climate Innovation Capital, Tokyu Construction/Global Brain
Markets: Building Materials, Sustainability, Recycling
HQ: Buffalo, New York, United States
Founded: 2013
Website: https://www.cleanfiber.com/
LinkedIn: https://www.linkedin.com/company/cleanfiber
Facebook: https://www.facebook.com/cleanfiber
Crunchbase: https://www.crunchbase.com/organization/ultracell-insulation
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