About Fiberwood
Fiberwood is a Natural Resources company based in Jarvenpaa (Finland) founded in 2019 by Karita Kinnunen Raudaskoski. Fossil-free insulation and packaging materials are manufactured from forestry by-products. Fiberwood has raised $11.56 million across 3 funding rounds from investors including Metsä Group, European Commission and Business Finland. Its chief executive, as recorded, is Tage Johansson. Fiberwood offers products and services including Insulation Materials, Packaging Materials, and Customized Solutions. Its focus areas include Food and Agriculture and Timber Businesses. Its legal entity is Fiberwood Oy.
Company details
Fiberwood was established in 2019 in Jarvenpää, Finland, within the sustainable materials sector. Insulation and packaging products are developed using forestry by-products and natural fibers. These materials are formulated to be breathable, recyclable, and compostable, functioning as substitutes for mineral wool and foam alternatives. Forestry residues are processed to support applications in construction and packaging industries.
- Headquarters Jarvenpaa, Finland
- Founders Karita Kinnunen Raudaskoski
- SectorsNatural Resources
- Email••••••••
- Website fiberwood.com
- Social LinkedIn
- Legal Name Fiberwood Oy
- Net Profit-$1.11 M (USD)-1109as on Dec 31, 2023
- EBITDA-$1.11 M (USD)-1109as on Dec 31, 2023
- Total Equity Funding$11.56M (USD)
in 3 rounds
- Latest Funding Round$3.59M (USD), Grant
Jun 2025
- InvestorsMetsä Group
& 4 more
Products & Services of Fiberwood
Fiberwood offers a comprehensive portfolio of products and services, including Insulation Materials, Packaging Materials, and Customized Solutions.
Eco-friendly insulation from natural fibers for sustainable construction
Compostable packaging made from forestry by-products for eco-friendly use
Bespoke materials for specific sustainable building and packaging needs
Funding Insights of Fiberwood
Fiberwood has successfully raised a total of $11.56M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $3.59 million completed in June 2025. 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 $11.56M
- Total Rounds 3
- Last Round Grant — $3.59M
- First Round $3.22M
(Feb 2023)
- Investors Count 5
All 3 funding rounds of Fiberwood with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2025 | $3.59M | Grant | – | – | |
| May 2024 | $8.35M | Series A | – | – | |
| Feb 2023 | $3.22M | Seed | – | Mets Spring |
5 investors in total: 5 institutional.
Investors in Fiberwood
Fiberwood has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Metsä Group, European Commission and Business Finland.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Metsä Spring is focused on investing in sustainable wood-based innovations. | metsaspring.com | Espoo, Finland | ||
Timber-based renewable products are produced and developed. | 1934 | metsagroup.com | Espoo, Finland | |
Invests in early-stage startups creating Healthtech, Deeptech, and Greentech solutions worldwide. | 1992 | stephenindustries.com | Espoo, Finland | |
Innovation, internationalization, and investment support for businesses is provided. | 1983 | businessfinland.fi | Helsinki, Finland | |
Institution of the European Union responsible for upholding the EU treaties | 1958 | ec.europa.eu | Brussels, Belgium |
Investor details for Fiberwood
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Fiberwood
2 people are tracked at Fiberwood (2 in leadership).
| Name | Role | Group |
|---|---|---|
Karita Kinnunen Raudaskoski | Co-Founder | Leadership |
Tage Johansson | CEO | Leadership |
Complete people profiles for Fiberwood
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Fiberwood
3 dated milestones of Fiberwood across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Fiberwood is founded.
- Funding First funding round of $3.2M.
- Funding Latest funding round, Grant, of $3.6M.
Web traffic of Fiberwood
The website of Fiberwood (fiberwood.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▼ 7.1% vs previous month
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Frequently Asked Questions about Fiberwood
Fiberwood was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Fiberwood is headquartered in Jarvenpaa, Finland.
Tage Johansson is the CEO of Fiberwood, as recorded in our data.
Fiberwood is a funded company, having raised a total of $11.56M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3.22M, raised on Feb 2023.
Fiberwood was established in 2019 in Jarvenpää, Finland, within the sustainable materials sector. Insulation and packaging products are developed using forestry by-products and natural fibers. These materials are formulated to be breathable, recyclable, and compostable, functioning as substitutes for mineral wool and foam alternatives. Forestry residues are processed to support applications in construction and packaging industries.
Fiberwood offers Insulation Materials, Packaging Materials, and Customized Solutions.
Fiberwood has 5 investors. Key investors include Metsä Group, European Commission, Business Finland, Stephen Industries, and Metsä Spring.
Fiberwood operates through Fiberwood Oy.