About Fiberstar
Fiberstar is a company based in Minneapolis (United States) founded in 1998.. Fiberstar has raised $4.19 million across 7 funding rounds from investors including United States Department of Agriculture, Associated Bank and Spell Capital Mezzanine. Fiberstar offers products and services including Citri-Fi Citrus Fiber. Fiberstar operates in a competitive market with competitors including TerViva, Motif FoodWorks, MycoTechnology, BYAS and Augusta Fermentation, among others.
- Headquarter Minneapolis, United States
-
Sectors
Consumer
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Fiberstar, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$4.19 M (USD)
in 7 rounds
-
Latest Funding Round
$650 K (USD), Grant
Sep 01, 2022
- Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Fiberstar
Fiberstar offers a comprehensive portfolio of products and services, including Citri-Fi Citrus Fiber. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Natural fiber that improves texture and stability in food products.
Unlock access to complete
Funding Insights of Fiberstar
Fiberstar has successfully raised a total of $4.19M across 7 strategic funding rounds. The most recent funding activity was a Grant round of $650 thousand completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Grant — $650,000
-
First Round
First Round
(01 Dec 2003)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Grant - Fiberstar | Valuation |
investors |
|
| Jul, 2021 | Amount | Grant - Fiberstar | Valuation |
investors |
|
| Aug, 2013 | Amount | Debt – Conventional - Fiberstar | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fiberstar
Fiberstar has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include United States Department of Agriculture, Associated Bank and Spell Capital Mezzanine. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Leadership is provided on agriculture, food, and rural development matters.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Associated Bank is engaged in providing banking and financial services.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Fiberstar
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Fiberstar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fiberstar Comparisons
Competitors of Fiberstar
Fiberstar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TerViva, Motif FoodWorks, MycoTechnology, BYAS and Augusta Fermentation, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Plant-based food ingredients are processed from pongamia seeds.
|
|
| domain | founded_year | HQ Location |
Alternative food ingredients are developed via fermentation and biotechnology.
|
|
| domain | founded_year | HQ Location |
Mushroom fermentation is used to develop plant-based food ingredients.
|
|
| domain | founded_year | HQ Location |
Provioder of microalgae-based solutions for cellular agriculture technology
|
|
| domain | founded_year | HQ Location |
Creates sustainable ingredients through innovative fermentation processes.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Fiberstar
Frequently Asked Questions about Fiberstar
When was Fiberstar founded?
Fiberstar was founded in 1998 and raised its 1st funding round 5 years after it was founded.
Where is Fiberstar located?
Fiberstar is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Is Fiberstar a funded company?
Fiberstar is a funded company, having raised a total of $4.19M across 7 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $2.5M, raised on Dec 01, 2003.
What does Fiberstar do?
Founded in 1998 in Minneapolis, United States, Fiberstar is engaged in the biotechnology sector. Value-added ingredients for food applications are manufactured and marketed by the company. The primary product, Citri-Fi, consists of natural citrus fiber created via a proprietary patented process. Moisture management, texture improvement, and nutritional enhancement are achieved in diverse food uses. Operations emphasize natural components in production.
Who are the top competitors of Fiberstar?
Fiberstar's top competitors include TerViva, MycoTechnology and Motif FoodWorks.
What products or services does Fiberstar offer?
Fiberstar offers Citri-Fi Citrus Fiber.
Who are Fiberstar's investors?
Fiberstar has 3 investors. Key investors include United States Department of Agriculture, Associated Bank, and Spell Capital Mezzanine.