Fundz

Fibracast Announces Closing Of $44.6 Million Round

PRIVATEOct 30, 2023

Amount Raised

$44.6 Million

Round Type

Funding Round

ManufacturingWaterWater Purification

Description

Fibracast Ltd. (“Fibracast” or the “Company”), a leading developer and manufacturer of innovative membrane technologies for advanced water and wastewater treatment, announced today that it has closed a $44.6 million issue of Class A Preferred Shares.

Quick answer

Fibracast raised $44.6 Million in a Funding Round round, dated October 30, 2023.

How much did Fibracast raise?
Fibracast raised $44.6 Million in a Funding Round round on October 30, 2023.
What does Fibracast do?
Fibracast Ltd. is a Canadian clean tech company based in Hamilton, Ontario.
Where is Fibracast based and how big is it?
Fundz records about 62 employees.
Who are the decision-makers at Fibracast?
Fundz holds 1 contact at Fibracast. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Water and Water Purification around the same time

Companies in the same sectors as Fibracast that raised within 45 days of this round, from Fundz verified event records.

  • Hadrian raised $86M on December 11, 2023.
  • JetZero raised $26M on December 14, 2023.
  • PlasmaGen Biosciences raised $27M on December 14, 2023.
  • Vandria raised $21M (Series A) on December 14, 2023.
  • Myrias Optics raised $3M (Seed) on December 13, 2023.
  • Monaire raised $4.1M (Seed) on December 13, 2023.

Who to call at Fibracast, and when

A new round usually means Fibracast is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Fibracast raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Fibracast, from your own LinkedIn network

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Company Information

Company

Fibracast

About

Fibracast Ltd. is a Canadian clean tech company based in Hamilton, Ontario. The Company is renowned for developing and manufacturing advanced next-generation membrane technology for water treatment and reuse. This technology efficiently treats water and wastewater to meet the strictest regulatory standards and enables water sustainability. Manufacturing is conducted in Canada, with products sold internationally to municipal, industrial, institutional, and commercial clients.

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Related People

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Fibracast raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.