What does Fiber Global do?
Fiber Global develops a proprietary technology platform that converts abundant global waste streams into durable, high-performing building materials with a lower carbon footprint. Its products are manufactured in the United States and are formaldehyde free, free of harmful VOCs, and UL GREENGUARD GOLD certified.
How much did they raise?
The company secured $20M in a Series A round, led by DBL Partners, with Founder and Managing Partner Ira Ehrenpreis joining the Board of Directors. This round of funding supports their expansion and technological advancements.
What are their plans for the money?
With the raised funds, Fiber Global plans to expand its operations and development efforts, potentially accelerating the adoption of its sustainable building materials and enhancing its market presence.
What have they achieved so far?
Fiber Global has already established a robust platform that transforms waste into high-quality building materials, backed by multiple industry certifications that highlight its commitment to sustainability and performance.