Fiberdom, a pioneer in wood fiber material innovation, has secured €3.5 million in funding to enhance the development and scaling of patented technology and high-performance, 100% plastic-free material. A commitment to replacing non-essential plastics with scalable, circular solutions drives ongoing advancements. The investment, led by long-term partner Heino Group and new investors Nordic Foodtech VC and Holdix Oy, includes a €0.6M grant from Business Finland.
Strategic growth efforts will benefit from increased investment in research and development, commercialization of technology and materials, and expansion of 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,” said Tomi Järvenpää, General Manager at Fiberdom.
A patented process transforms natural wood fibers into a novel supermaterial that is formable, durable, 100% plastic-free, recyclable, and home-compostable. The first commercial application, single-use cutlery compliant with the EU's stringent Single-Use Plastics Directive, is available through leading Finnish retailers and B2B channels. This market validation supports expansion into new high-growth markets. “Replacing single-use plastics in food packaging and in serving and eating on-the-go food is one of the key pain points in the food system, both for the industry and for the consumers. Fiberdom’s technology addresses all four critical corners of a winning solution: functionality, scalability, sustainability, and recyclability. We believe the cutlery is a great starting point for much broader innovation in plastic-free products,” says Pekka Siivonen-Uotila, partner at Nordic Foodtech VC.
Rising demand for sustainable solutions, driven by consumer preferences, corporate sustainability commitments, and evolving regulations, underscores the importance of plastic-free alternatives. Many existing fiber-based materials lack sufficient formability and strength in demanding applications, often requiring additives that impact recyclability. Fiberdom’s breakthrough technology overcomes these limitations, enabling industry-wide adoption of plastic-free solutions. “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.