Tech Company Financing Transactions
Fibracast Funding Round
Cycle Capital and Export Development Canada participated in a $44.6 million capital raise for Fibracast. The round closed on 10/30/2023.
Transaction Overview
Company Name
Announced On
10/30/2023
Transaction Type
Venture Equity
Amount
$44,600,000
Round
Undisclosed
Investors
Cycle Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to increase its manufacturing capacity, expand its technology platform, and build up its marketing team.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
525 Glover Road
Hannon, Ontario, L0R 1P0
CA
Hannon, Ontario, L0R 1P0
CA
Phone
Website
Email Address
Overview
Fibracast is the innovator of FibrePlate�, the next generation in MBR technology. This unique hybrid ultrafilter integrates the best attributes of hollow-fiber and flat-plate membranes into a compact, strong and energy efficient immersed membrane.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Steve Watzeck
Chief Financial Officer
Rakesh Dewan
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Our team works diligently to document every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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