No new round recorded in 41 months.

1. 22 Mar 2023

   Grant

   €6.7M

   Cumulative €6.7M

Amounts in EUR, converted at the ECB rate on the event date. Funding totals exclude debt, grants and state aid; rounds whose instrument is not yet established are still counted. Every figure links to its source.

• Funding22 Mar 2023EUR 6.7M

  Arctic Fibers received funding for research and development of methods to transform bast plant fibers into materials for textiles, construction, and paper production.

  ▸Source: KLAK - Icelandic Startups

  “Sprotafyrirtækin Arctic Fibers og Flöff – Textílvinnsla sem taka þátt í Hringiðu hlutu styrk úr fyrri úthlutun úr Hönnunarsjóði sem fór fram þann 22. mars.”

  Read at KLAK - Icelandic Startups

• Alice Sowa

  Co-founder

• Matthildur Marvinsdóttir

  Co-founder

What does Arctic Fibers do?

Transforms lupine into valuable products supporting Iceland's circular economy.

Where is Arctic Fibers headquartered?

Arctic Fibers is based in Iceland.

How much funding has Arctic Fibers raised?

Arctic Fibers has raised €6.7M (across 1 round · last 22 Mar 2023).

What was Arctic Fibers's latest funding round?

Arctic Fibers's most recent disclosed round was a grant round of €6.7M, announced 22 March 2023.