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CleanFiber

Greener Buildings Start With Better Insulation

About this Event

There are two sides to the decarbonization of our economy, creating green energy and using less of it. That’s where CleanFiber comes in. They produce cellulose insulation, which is the only form of insulation that boasts negative carbon emissions and negative marginal cost. With a superior product and an ability to produce at a much lower cost than competitors, CleanFiber is on track to dominate the cellulose insulation market, which is rapidly approaching $500M in North America.

CleanFiber spent nearly 10 years perfecting the technology that allows them to make insulation out of recycled corrugated cardboard. Conventional cellulose is made from recycled newsprint, which is hamstringing competitors on cost and quality as supply dwindles.

Buildings are currently responsible for 39% of global energy-related carbon emissions, and better insulation directly reduces that number. In addition to making buildings more energy-efficient, cellulose uses 10X less energy to manufacture than fiberglass or foam alternatives. CleanFiber’s use of corrugated cardboard that would otherwise be sent to landfills also avoids harmful methane and CO2 emissions.

CleanFiber has shipped more than 1.5M bags of their product (~1,500 truckloads) and receives rave reviews from customers. December revenues are expected to put the company at about a $16 million annualized run rate – up nearly 4X from 2022, and the company has built a $100 million pipeline of annual recurring revenue demand.

Watch the webinar with CleanFiber CEO, Jon Strimling to hear why Aligned Climate Capital, AXA, Clean Energy Venture Group, the Pritzker family office, and others have already invested in the company.

Video On Demand

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