Monday, 25 February 2013

FibeRio raises $13M to accelerate growth

McAllen, TX

FibeRio, the developer and manufacturer of novel Forcespinning nanofiber production systems has announced it has completed a $13M capital raising exercise led by two global strategic investors – SABIC Ventures B.V., Saudi Basic Industries Corporation’s corporate venture capital arm, and Aster Capital Partners, sponsored by Solvay, Schneider Electric, Alstom and the European investment fund.

FibeRio raises $13M to accelerate growth

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