Tech Company Financing Transactions
Fiberstar Funding Round
Fiberstar closed a $10.6 million venture capital round on 7/19/2013. Investors included Associated Bank and Spell Capital Mezzanine Partners SBIC.
Transaction Overview
Company Name
Announced On
7/19/2013
Transaction Type
Debt
Amount
$10,640,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the proceeds to quadruple its production capacity, support the market introduction of its new gelling ingredient, Citri-Gel and as working capital to support its growth.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
713 Saint Croix St.
River Falls, WI 54022
USA
River Falls, WI 54022
USA
Phone
Website
Email Address
Overview
Citri-fi is a natural citrus fiber that enhances food texture by managing moisture and improving the nutritional profile in various food applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Haen
Browse more venture capital transactions:
Prev: 7/19/2013: Yapert venture capital transaction
Next: 7/19/2013: EdgeCast Networks venture capital transaction
Share this article
Where The Data Comes From
Our team works diligently to report on every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs