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Silicon Flash > Blog > Investments > Expansion Funding secured by Fiberwood
Investments

Expansion Funding secured by Fiberwood

Published June 17, 2025 By Juwan Chacko
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Expansion Funding secured by Fiberwood
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Fiberwood Receives €3.1M Grant from the EU LIFE Programme

Fiberwood, a wood technology company based in Järvenpää, Finland, has recently secured a €3.1M grant from the EU LIFE Programme. The funding will be used to expand its sustainable insulation solutions developed from wood industry by-products and to accelerate its market entry into various European regions.

Specializing in Sustainable Building and Packaging Materials

Under the leadership of CEO Tage Johansson, Fiberwood focuses on producing sustainable and high-performance building and packaging materials. The company’s custom fiber components help reduce the carbon footprint of buildings, supporting the shift towards fossil-free construction practices. With a customer base in the building materials sector across the Nordics and Europe, Fiberwood is now gearing up to launch its first demonstration production line for pilot projects.

Driving Innovation in the Wood Technology Sector

As Fiberwood continues to innovate and expand its product offerings, the grant from the EU LIFE Programme represents a significant milestone for the company. By leveraging wood industry side streams to create eco-friendly insulation solutions, Fiberwood is poised to make a positive impact on the construction industry and contribute to sustainable development goals in Europe.

See also  Inco Raises $5M in Funding
TAGGED: Expansion, Fiberwood, Funding, secured
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