Viewing a response to: @leothreads/leothread-2024-04-13-02-38
🧵 1. Building material startup CleanFiber aims to repurpose cardboard boxes into insulation amid declining newsprint supply for traditional cellulose insulation. #tech
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🧵 Read more at: https://techcrunch.com/2024/04/12/cleanfiber-series-b-fundraise/
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🧵 4. CEO Strimling sees potential for CleanFiber's innovative process to revolutionize cellulose insulation production and drive sustainability in the industry.
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🧵 2. CleanFiber solves challenge of contaminants in corrugated boxes to create insulation, already producing enough for 20,000 homes with plans for expansion.
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🧵 3. With a $28 million Series B led by Spring Lane Capital, CleanFiber eyes nationwide rollout to tap into the $12.5 billion U.S. insulation market.
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