FundedIQ
Biotechnology

Infinited Fiber Company: Funding, Investors & Team (Sep 2026)

Infinited Fiber Company is a Finnish biotech founded in 2016 to commercialize a breakthrough recycling technology that can turn cellulose-rich raw materials – like cotton-rich textile waste, used cardboard, or wheat or rice straw – into high-quality textile fibers with the look and feel of cotton. The patented technology has been validated by leading brands and is ready to be scaled. Infinited Fiber Company won the Europas 2020 Hottest Sustainability Tech Award, and was listed on the Global 50 to Watch by Cleantech Group in 2019. In 2016 Infinited Fiber Company was selected into WWF’s Climate Solver network. The company is headquartered in Espoo, Finland.

infinitedfiber.com LinkedIn Espoo, Finland 11-50 employees
Total raised
$65.1M
Rounds
2
Latest
Undisclosed round
Mar 2024

Infinited Fiber Company has raised $65.1M across 2 funding rounds on record, the most recent an undisclosed round of $29.5M announced in Mar 2024.

That round is above the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Infinited Fiber Company Company Profile and Key Stats

Total funding raised
$65.1M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$29.5M in Mar 2024
Employees
11-50
reported band
Headquarters
Espoo, Finland

Latest funding round on record: Mar 2024.

Infinited Fiber Company Funding Rounds

Date
Round
Amount
Undisclosed round
$29.5M
Series B
$35.6M

Infinited Fiber Company raised $35.6M in a Series B announced in Jul 2021.

2.7 years later, an undisclosed round of $29.5M was announced in Mar 2024.

Infinited Fiber Company Founders and Leadership Team

Name
Role
Contact
Petri Alava
Founder
Locked

Contact details for the Infinited Fiber Company team: 1 of 1 has an email address on file.

Start 14-day free trial →

Infinited Fiber Company Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,179
$8.0M
368
$5.2M

Infinited Fiber Company's latest round of $29.5M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Infinited Fiber Company in Biotechnology and Espoo

Companies Similar to Infinited Fiber Company

Solar Foods is a food-tech startup that focuses on utilizing a technology that involves using electricity to…

Undisclosed round $45.6M

Algorithmiq utilizes its expertise in quantum information, complex systems, and computational physics to…

Undisclosed round $21.2M

Bioretec Ltd. is a Finnish material technology company focused on the development, manufacturing and…

Undisclosed round $15.1M

NPHarvest is a company with expertise in organic waste management, wastewater treatment, and nutrient…

Undisclosed round $1.4M

They are a pioneering company driven by a passion for innovation and a commitment to solving their partners’…

Undisclosed round $5.7M
Undisclosed round $20.6M

StemSight is a startup focusing on cell therapy in Tampere, Finland, where they are working on innovative…

Seed $2.4M

Herantis Pharma is a company focused on addressing medical needs that have not been met by current treatments.

Undisclosed round $5.4M

Aurealis Therapeutics is a Swiss-Finnish Cell and Gene Therapy Platform Company. Our multi-target cell and…

Undisclosed round $9.1M

Eevia Health is a Nordic life science company based in Finland and Norway, with headquarters in Seinäjoki and…

Undisclosed round $60k

Nexstim is a medical device company focused on image-guided transcranial magnetic stimulation, dedicated to…

Undisclosed round $1.6M

Enifer is a company that specializes in using fungal fermentation to create products from byproducts of the…

Series B $16.2M

Infinited Fiber Company Funding FAQs

What does Infinited Fiber Company do?

Infinited Fiber Company is a Finnish biotech founded in 2016 to commercialize a breakthrough recycling technology that can turn cellulose-rich raw materials – like cotton-rich textile waste, used cardboard, or wheat or rice straw – into high-quality textile fibers with the look and feel of cotton. The patented technology has been validated by leading brands and is ready to be scaled. Infinited Fiber Company won the Europas 2020 Hottest Sustainability Tech Award, and was listed on the Global 50 to Watch by Cleantech Group in 2019. In 2016 Infinited Fiber Company was selected into WWF’s Climate Solver network. The company is headquartered in Espoo, Finland.

How much funding has Infinited Fiber Company raised?

Infinited Fiber Company has raised $65.1M across 2 rounds on record. The most recent is an undisclosed round of $29.5M announced in Mar 2024.

When did Infinited Fiber Company last raise funding?

Infinited Fiber Company's most recent funding round on record is an undisclosed round of $29.5M, announced in Mar 2024.

Who founded Infinited Fiber Company?

FundedIQ lists Petri Alava (Founder) at Infinited Fiber Company.

Where is Infinited Fiber Company headquartered?

Infinited Fiber Company is based in Espoo, Southern Finland, Finland.

How many employees does Infinited Fiber Company have?

Infinited Fiber Company is in the 11-50 employee band.

How does Infinited Fiber Company's funding compare to other Biotechnology startups?

Infinited Fiber Company's latest round of $29.5M is above the $8.0M median round size for Biotechnology companies on FundedIQ across 4,179 tracked companies over the last two years.

About FundedIQ's Infinited Fiber Company Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Infinited Fiber Company is left off this page rather than filled in.

14-day free trial · Cancel anytime

Know who just raised. Then know who to reach.

Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.

Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.