Fundz

Fiber Elements secures €2.6M in seed funding to advance its basalt fiber technology for construction, led by Wolfgang Fiel. The funds will help scale their innovative solution as a sustainable alternative to steel reinforcement.

PRIVATEJul 17, 2025

Amount Raised

€2.6 Million

Round Type

Seed

AustriaManufacturingConstructionBuilding Material

Description

Austrian-based Fiber Elements has raised €2.6 million in seed funding to further develop its automated basalt fiber manufacturing technology. The startup aims to provide a sustainable alternative to traditional steel-reinforced concrete. Collaborating with several universities, the company is poised to transition from successful pilots to industrial-scale production. Their innovative materials could reduce CO₂ emissions by up to 70% compared to conventional methods.

Quick answer

Fiber Elements raised €2.6 Million in a Seed round, dated July 17, 2025. Fiber Elements is based in Austria.

How much did Fiber Elements raise?
Fiber Elements raised €2.6 Million in a Seed round on July 17, 2025.
What does Fiber Elements do?
Fiber Elements is an Austrian startup specializing in automated basalt fiber manufacturing for the construction industry.
Where is Fiber Elements based and how big is it?
Fiber Elements is based in Austria.

Source: Fundz verified event record.

Who else raised in Construction and Building Material around the same time

Companies in the same sectors as Fiber Elements that raised within 45 days of this round, from Fundz verified event records.

  • Dextall raised $15M (Series A) on July 11, 2025.
  • Parspec raised $20M (Series A) on July 8, 2025.
  • Terra CO2 raised $125M (Series B) on July 2, 2025.
  • Hella Infra Market raised $150M (Debt Financing) on June 30, 2025.
  • HydroBlok raised $6M (Series A) on June 17, 2025.
  • Mechasys raised $18M (Series A) on August 26, 2025.

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Company Information

Company

Fiber Elements

Location

Austria

About

Fiber Elements is an Austrian startup specializing in automated basalt fiber manufacturing for the construction industry. Founded in 2023 by architect-turned-entrepreneur Wolfgang Fiel, it offers a sustainable alternative to steel-reinforced concrete with its innovative technology. The company combines advanced manufacturing with finite element analysis to produce strong and lightweight mineral composites. Its goal is to industrialize basalt fiber applications and address the growing demand for sustainable building materials.

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Fiber Elements raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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