|Description||Research and development company|
|Partial Close, 8/2013 ||$500k|
|Debt, 7/2013 |
Spell Capital Partners
Fiberstar, Inc. is a privately owned research and development company focusing on improving food freshness and nutrition through technological innovation. It also operates a manufacturing facility that produces its Citri-Fi® line of products.
Fiberstar holds an exclusive worldwide license for patented bio-technology developed at the University of Minnesota. Its investment in research over the past eight years has led to the development of unique products that will improve the physical and functional characteristics of a wide variety of foods for which industry solutions are currently being sought.