InventWood Raises $8 Million and Appoints Tyler Huggins as CEO as It Prepares For Early 2025 Commercial Launch

By InventWood Inc.
PR Newswire
August 8, 2024
Category: Wood, Paper & Green Building
Region: United States, US East

FREDERICK, Md. — InventWood, transforming undervalued wood into high-performance climate-resilient Superwood building products that are stronger and lighter than steel, announced $8 million in new funding and the appointment of Tyler Huggins, Ph.D. as its new Chief Executive Officer. The company is planning its commercial launch in early 2025 with two key priorities: establishing its scaled supply chain to ensure the health and longevity of our forests, and … profitably producing up to one million square feet of product annually. InventWood’s proprietary technology stack transforms wood’s intrinsic nano-cellulose structure into climate-resilient Superwood products that offer unrivaled fire, insect and rot resistance with bulletproof hardness, while maintaining highly desirable wood aesthetics. With superior strength at low cost, InventWood is on a mission to displace some of our dirtiest industrial materials like steel and concrete, evolving our built environment from a carbon source to a carbon sink, all while improving the health and resilience of our forests. 

Read More