Shared 23 June, 2025
Finnish deep tech startup Fiberwood Ltd has secured €3.1 million in funding from the EU LIFE Programme to reduce buildings’ carbon footprints. The company will use the grant to scale up its sustainable insulation solutions made from wood industry side streams and accelerate its entry into broader European markets.
The construction sector accounts for 42% of global greenhouse gas emissions. In the EU, most insulation materials are still fossil-based, and over 98% end up in landfills or the environment. While demand for greener alternatives is rising, many bio-based options fall short of technical requirements.
Fiberwood aims to bridge that gap. Founded in 2019, the company has developed a patented technology to produce recyclable and compostable boards with thermal performance, structural durability, fire safety, moisture resistance, and material longevity. This rare combination opens new possibilities for sustainable design.
“We believe forests deserve smarter use,” says CEO Tage Johansson. “We’re turning side streams into high-performance materials that meet real construction needs while reducing environmental impact.”
Backed by the EU to Accelerate Market Readiness
Fiberwood is building a demo production line in Järvenpää, southern Finland, to enable deliveries for customers’ pilot projects. The €3.1M EU LIFE grant supports production optimisation, new side-stream validation, and final performance testing, resulting in a blueprint for Fiberwood’s first industrial-scale factory.
The company’s B2B customers include leading building materials companies in Nordic and European markets. They will integrate the fibre components into their existing products and sell them under their own brands.
“This is a turning point,” Johansson says. “Our material allows customers to make a sustainable leap without changing how they design or sell their products, giving them a competitive edge with minimal disruption.”
Before securing LIFE funding, Fiberwood had raised €10.7 million from investors such as Metsä Spring, Stephen Industries, and public innovation funds. The company is preparing for international growth and seeking partners across the European construction value chain.
Join our community of 200,000+ real estate leaders and get weekly insights and updates with our newsletter.
BuiltAPI GmbH, the company pioneering API-driven data infrastructure for real estate investment and asset management, has successfully closed its latest funding round backed by industry leaders including Second Century Ventures, TDS, and Propertymark. The investment marks a major milestone as BuiltAPI expands its services across Europe and the UK, following its graduation from the REACH UK Accelerator Program.
BuiltAPI tackles one of the real estate sector’s most persistent problems: fragmented, siloed data ecosystems. The company provides a robust API framework that enables seamless connectivity between legacy systems, modern SaaS tools, and intelligent automation platforms — with interoperability, governance, and cybersecurity at its core.
“We’re building the backbone of real estate data infrastructure,” said Olga Dentzel, Co-Founder of BuiltAPI. “This funding and the support of the REACH UK program are accelerating our ability to deliver secure, scalable integrations to clients across borders.”
BuiltAPI’s technology is already making an impact with major real estate institutions such as HIH Real Estate and its fund service platform INTREAL, through their digital unit INTREAL Solutions. These collaborations highlight a shared vision for practical and scalable digital transformation in real estate asset and investment management.
“The industry doesn’t need yet another tool — it needs a connective tissue,” added Ivan Nokhrin, Co-Founder of BuiltAPI. “Our mission is to empower real estate professionals to access, share, and act on their data securely and without barriers.”
Graduation from the REACH UK Accelerator — the scale-up program backed by Second Century Ventures – marks BuiltAPI’s official entry into the UK market. The program has played a key role in unlocking investors support and refining BuildAPI’s growth trajectory.
BuiltAPI GmbH, the company pioneering API-driven data infrastructure for real estate investment and asset management, has successfully closed its latest funding round backed by industry leaders including Second Century Ventures, TDS, and Propertymark. The investment marks a major milestone as BuiltAPI expands its services across Europe and the UK, following its graduation from the REACH UK Accelerator Program.
BuiltAPI tackles one of the real estate sector’s most persistent problems: fragmented, siloed data ecosystems. The company provides a robust API framework that enables seamless connectivity between legacy systems, modern SaaS tools, and intelligent automation platforms — with interoperability, governance, and cybersecurity at its core.
“We’re building the backbone of real estate data infrastructure,” said Olga Dentzel, Co-Founder of BuiltAPI. “This funding and the support of the REACH UK program are accelerating our ability to deliver secure, scalable integrations to clients across borders.”
BuiltAPI’s technology is already making an impact with major real estate institutions such as HIH Real Estate and its fund service platform INTREAL, through their digital unit INTREAL Solutions. These collaborations highlight a shared vision for practical and scalable digital transformation in real estate asset and investment management.
“The industry doesn’t need yet another tool — it needs a connective tissue,” added Ivan Nokhrin, Co-Founder of BuiltAPI. “Our mission is to empower real estate professionals to access, share, and act on their data securely and without barriers.”
Graduation from the REACH UK Accelerator — the scale-up program backed by Second Century Ventures – marks BuiltAPI’s official entry into the UK market. The program has played a key role in unlocking investors support and refining BuildAPI’s growth trajectory.
*Offer ends on Friday, 7th February.
