This company is no longer in business. Investors can get details about any potential exits or failures here.

MxG Fiber

MxG Fiber

Testing the Waters
Early Stage

Manufacturing packaging that replaces single-use plastics and sequesters carbon

Manufacturing packaging that replaces single-use plastics and sequesters carbon


Raised to Date: Raised: $510,435

Total Commitments ($USD)



Start Date


Close Date

Testing the Waters

Min. Goal
Max. Goal
Min. Investment


Security Type


SEC Filing Type

Test the Waters / RegCF    Open SEC Filing

Valuation Cap




Rolling Commitments ($USD)

Reporting Date


% of Min. Goal
% of Max. Goal
Likelihood of Max
Avg. Daily Raise


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Year Founded



Industrial Services

Tech Sector



The Woodlands, Texas

MxG Fiber, with a valuation of $9 million, is testing the waters on Wefunder. The company makes sustainable molded fiber packaging that replaces single-use plastics and reduces carbon footprint. The fiber containers of MxG Fiber are used in the take-out food industry and are safe, high-quality, cost-effective, and fully traceable. MxG Fiber has produced several products and has three manufacturing facilities in the Midwest. Matt Griswold founded MxG Fiber in 2019. The current crowdfunding campaign has a minimum target of $100 and a maximum target of $4,500,000. The campaign proceeds will be used to establish more production facilities and long-term growth.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
MxG Fiber 02/27/2022 Wefunder $9,000,000 $242,879 SAFE Funded RegCF
MxG Fiber 11/29/2021 Wefunder $9,000,000 $510,435 SAFE Funded Test the Waters / RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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MxG Fiber on Wefunder 2021
Platform: Wefunder
Security Type: SAFE
Valuation: $9,000,000

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