# Infinited Fiber Company funding: rounds and investors

> Infinited Fiber Company has raised $34M across 2 rounds since 2019. Investors include European Commission, Business Finland and Fortum.

Source: https://millionrounds.com/company/infinited-fiber-company (Millionrounds; every figure on the page links to its filing or article)

Finland · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Infinited Fiber Company*

2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech Cleantech

Funding summary Updated 26 Oct 2026

**$34M** raised across 2 rounds since 2019, from 2 sources

**$4.2M** Round **$30M** Series B

- **Latest round:** Series B, $30M Mar 2024
- **Step-up i:** 7×
- **Investors:** 5

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019 2020 2021 2022 2023 2024

**$4.2M** Round

**$30M** Series B

- **First round:** Round, $4.2M
- **Biggest round:** $30M
- **Between rounds:** 4.8 years

## The rounds

- **Mar 2024** Series B **$30M** *2 new* [European Commission](https://millionrounds.com/fund/european-commission) [Business Finland](https://millionrounds.com/fund/business-finland) Source recorded
- **Apr 2019** Round **$4.2M** *3 new* [Fortum](https://millionrounds.com/fund/fortum) [HM Group](https://millionrounds.com/fund/hm-group) Virala Reported by Goodnewsfinland

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2019 **Series B** 2024 [European Commission](https://millionrounds.com/fund/european-commission) [Business Finland](https://millionrounds.com/fund/business-finland) [Fortum](https://millionrounds.com/fund/fortum) [HM Group](https://millionrounds.com/fund/hm-group) Virala

## Everyone who backed them

[European Commission](https://millionrounds.com/fund/european-commission) VC firm **1** round

[Business Finland](https://millionrounds.com/fund/business-finland) Accelerator **1** round

[Fortum](https://millionrounds.com/fund/fortum) VC firm **1** round

[HM Group](https://millionrounds.com/fund/hm-group) Investment firm **1** round

Virala no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=infinited-fiber-company).

## Also claim to have backed them

This firm lists Infinited Fiber Company as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[H&M Group Ventures (Prev. H&M CO:LAB)](https://millionrounds.com/fund/h-and-m-group-ventures-prev-h-and-m-co-lab) Corporate VC Per its own site

## Quick answers about Infinited Fiber Company

### Who invested in Infinited Fiber Company?

Infinited Fiber Company's investors include European Commission, Business Finland, Fortum, HM Group and Virala.

### How much has Infinited Fiber Company raised?

Infinited Fiber Company has raised $34M across 2 rounds since 2019.

### When did Infinited Fiber Company last raise?

Infinited Fiber Company's most recent round was a Series B of $30M in Mar 2024.

### What was Infinited Fiber Company's biggest round?

Its most recent round, $30M in Mar 2024, is also its largest on record.

### Who backed Infinited Fiber Company first?

Infinited Fiber Company's first round on record, in Apr 2019, was backed by Fortum, HM Group and Virala.

### What stage is Infinited Fiber Company at?

Infinited Fiber Company's latest named round is a Series B, in Mar 2024.

### Where is Infinited Fiber Company based?

Infinited Fiber Company is based in Finland.

## Companies like Infinited Fiber Company

In the same sector, and raised in the last eighteen months.

[**Kasvu Therapeutics** $34M · Sept 2026](https://millionrounds.com/company/kasvu-therapeutics)[**Steady Energy** $81M · Sept 2026](https://millionrounds.com/company/steady-energy)[**Reduciner** $5.9M · Sept 2026](https://millionrounds.com/company/reduciner)[**Solar Foods** $56M · Jun 2026](https://millionrounds.com/company/solar-foods)[**Algorithmiq** $37M · May 2026](https://millionrounds.com/company/algorithmiq)[**TheStorage** $5.4M · Apr 2026](https://millionrounds.com/company/thestorage)

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