Seed Funding Injection Routes $3.52M To Biotech Startup 3D BioFibR

man doing a sample test in the laboratory
Photo by Edward Jenner on

Key Takeaways:

  • 3D BioFibR, a startup in the field of advanced bio fiber materials, raises $3.52 million in seed funding.
  • The fundraising round was led by Invest Nova Scotia.
  • Other investors include Build Ventures, Concrete Ventures and Globalive Capital.
  • The startup is based in Halifax, Nova Scotia, Canada and operates in the Biotechnology, Manufacturing and Textiles industries.
  • This fundraising round brings the startup’s total funding to $4.92 million.

Biotechnology startup 3D BioFibR has recently raised $3.52 million in seed funding. The fundraising round was led by Invest Nova Scotia with contributions from Build Ventures, Concrete Ventures and Globalive Capital. This funding round marks the company’s fifth since inception.

3D BioFibR is in the business of developing advanced bio fiber materials. They are located in Halifax, Nova Scotia and have their operations spread out in the Textiles, Manufacturing and Biotechnology industries. This funding round has increased the company’s total funding to $4.92 million as per their Crunchbase profile.

The funds from this round will be used to accelerate research and development and to fuel expansion in the growing market of bio fibre materials. By developing unique and advanced materials, the company is making significant contributions to the biotechnology and manufacturing sectors.

Looking to amplify your brand’s impact in Canada’s thriving startup and investment sector? Join the league of innovators, leaders, and decision-makers making a difference through Canada Venture News. Engage with our audience of startup founders, investors, and executives through sponsored articles and partnerships. Discover more on our Promotion & Sponsored Articles page or email us directly at [email protected]. Let’s shape your story together.

Canada Venture News is a Canadian venture magazine that covers startups, business, technology, and innovation in Canada. The online publication provides news, insights, and resources for entrepreneurs, investors, and business professionals, featuring articles, interviews, and analysis of the latest trends and developments in the Canadian startup ecosystem.