Fiber Elements
Overview
Fiber Elements is an Austrian-based startup specializing in the automated production of basalt fiber manufacturing in the construction industry. Founded in 2023 by Wolfgang Fiel, the company focuses on replacing traditional steel reinforcement with basalt fiber composites to reduce carbon emissions in construction projects. Fiber Elements, headquartered in Leoben, Austria, has recently raised €2.6 million in seed funding as of July 2025. The funding round was led by LEA Partners and the Amadeus APEX Technology Fund, marking a significant milestone in the company's efforts to scale its operations.
Recent Developments
- July 2025: Fiber Elements announced securing €2.6 million in seed funding led by LEA Partners and the Amadeus APEX Technology Fund. The funds will be utilized to double its workforce from 10 to 20 employees by the year-end, advance its automation and AI capabilities, and transition from pilot projects to large-scale industrial production.
- June 2025: Recognition for Fiber Elements came through the Deep Tech Seed financing award from Austria Wirtschaftsservice (AWS), emphasizing their role in driving sustainable innovation within the construction sector.
- The company is working on developing nano-factories for on-site fabrication of prefabricated basalt-reinforced concrete components, which is aimed at reducing transportation emissions and logistical costs.
- Collaboration with major Austrian universities: Technical University of Leoben (MUL), University of Natural Resources and Life Sciences, Vienna (BOKU), and the Vienna University of Technology (TU Wien) continues, enabling Fiber Elements to refine its technological solutions and expedite the transition from laboratory to market.
- Successfully completed several pilot projects and currently holds one granted patent with multiple other patent applications filed in 2025.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2023 |
| Headquarters | Leoben, Austria |
| Founders | Wolfgang Fiel |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | LEA Partners, Amadeus APEX Technology Fund |
| Industry | Construction Materials, Technology |
| Number of Employees | Expected to expand to 20 by the end of 2025 |
Early History
Fiber Elements was established in 2023 by Wolfgang Fiel, an architect with extensive experience in sustainable material applications. The company emerged from the need to create a more sustainable and efficient construction material to replace traditional steel reinforcements. Fiel's vision focused on utilizing basalt, a naturally occurring lava rock, which is processed into ultra-thin fibers to offer a strong, lightweight, and non-corrosive alternative to steel. Initial developments involved close collaboration with technical institutions in Austria, fueling early breakthroughs in the production of automated basalt fiber structures.
Company Profile and Achievements
Fiber Elements operates at the forefront of innovation in the construction industry, producing basalt fiber composites intended to become the industry standard for sustainable reinforcement. The company's products are notable for drastically reducing CO₂ emissions by up to 70% compared to traditional steel reinforcement, without compromising on performance.
- The company’s primary offering involves three-dimensional basalt reinforcements manufactured using finite element analysis to customize component properties as per specifications.
- Achievements include the completion of pilot projects and serving early customers across the construction sector. Fiber Elements has also been awarded the Deep Tech Seed financing award and is part of the EIT Manufacturing Venture Building Programme 2025.
- Strategic collaborations with academic institutions have bolstered their technological edge, enabling rapid advancement from prototype to commercialization.
Current Operations and Market Position
As of 2025, Fiber Elements is focused on scaling its production capabilities to meet the growing demand for sustainable building materials. The company's unique approach incorporates AI and digital manufacturing processes to optimize efficiency and quality. Its market position is solidified by its ability to offer a cost-effective, high-performance alternative to conventional materials like steel.
- The introduction of nano-factories will bolster its market reach, aiming to decentralize production and reduce environmental impacts.
- Positioned as a pioneering company to facilitate the construction industry's transition towards greener practices, Fiber Elements is set to influence infrastructure projects, including bridges, tunnels, and prefabricated systems globally.
Conclusion
Fiber Elements represents a transformative force within the construction industry, driven by innovative use of basalt fibers as a sustainable alternative to steel reinforcements. With its roots in academic collaboration and deep tech innovation, the company is well-positioned to capitalize on the increasing demand for eco-friendly building materials. As it moves towards industrial-scale production, Fiber Elements is expected to reshape market standards, promoting a sustainable future in global construction endeavors.