CleanFiber has filed a notice of an exempt offering of securities to raise $10,000,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, CleanFiber is raising $10,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Jonathan Strimling played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About CleanFiber
CleanFiber makes high-performance cellulose insulation from recycled corrugated cardboard boxes and other clean sources of high quality fiber. The company was formerly known as Ultracell Insulation and was founded by veteran cellulose installers, who wanted to see this industry thrive despite declining supplies of old newsprint (which is the primary feedstock of the industry today). CleanFibers product provides lower dust, lower contamination, and better coverage that competitive product. Our unique and patented process for embedding fire retardants in our product allows us to deliver a superior product at a cost-competitive price.
To learn more about CleanFiber, visit http://www.cleanfiber.com/
Contact:
Jonathan Strimling, Chief Executive Officer
888-616-8393
https://www.linkedin.com/in/jonathanstrimling/
SOURCE: http://www.intelligence360.io
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