Fiber Elements, a Leoben, Austria-based startup specializing in automated basalt fiber manufacturing for the development business, raised €2.6M in Seed funding.
The spherical was led by LEA Companions, alongside the Amadeus APEX Know-how Fund.
The corporate intends to make use of the funds to broaden its workforce from 10 to twenty staff and advance industrial scaling by AI-supported manufacturing optimization.
Led by CEO and Founder Wolfgang Fiel, Fiber Parts specializes within the software of basalt within the building business, which is a naturally occurring lava rock that’s melted down and processed into ultra-thin fibers with a diameter of roughly 0.02 mm. The absolutely automated manufacturing of three-dimensional basalt reinforcements is predicated on finite aspect evaluation of required element properties, representing a substitute for steel-reinforced concrete from each technical and financial views.
As a pure mineral composite, the fabric permits for full recycling on the finish of its life cycle. Fiber Parts can be a member of the Inexperienced Startup Middle (ZAT Leoben).
FinSMEs
17/07/2025
