TimberHP

TimberHP is a Maine-based building products corporation founded in 2017 with a focus on developing and manufacturing renewable, biodegradable, and non-toxic wood fiber insulation for the residential and light commercial construction market. The company's products aim to tackle the urgent threat of global climate change by addressing the unsustainable dynamic of 44% of global carbon emissions coming from energy consumed by buildings. By offering wood fiber batts, blown-in insulation, and exterior boards, TimberHP aims to create tighter building envelopes, reducing the need for heating and cooling. Additionally, the products are cost-competitive and environmentally sustainable, aligning with the increasing demand for energy-efficient and low carbon footprint construction. The company is set to launch a cutting-edge manufacturing facility in a former paper mill in Madison, Maine, leveraging wood chips from local lumber yards to produce transformative insulation products. The last investment, a Venture Round investment, was secured on 07 June 2023 from the Main Venture Fund, signifying confidence in the company's potential to drive environmental sustainability while revitalizing the local forest products industry and creating employment opportunities.