43North has reinvested in three companies that previously won awards in its namesake competition.

43North has reinvested in three companies that previously won awards in its namesake competition.

Kangarootime, CleanFiber and Strayos each received a new $300,000 investment from the state-backed nonprofit. 43North has been hosting a business competition since 2014, offering cash awards to startups in return for 5% of their companies. CleanFiber CEO Jon Strimling moved his business to Buffalo after winning $500,000 in the 2016 version of 43North. Since that time, he has turned the theoretical promise of his company into a real-world factory that can barely keep up with demand. CleanFiber turns recycled cardboard into building insulation. Read more >>

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