◂ Announcements

Oct 30, 2023INVESTMENTHamilton, Ontario, Canada

Fibracast closes $44.6 million financing round

Fibracast Ltd. closed a $44.6 million issue of Class A Preferred Shares, led by Cycle Capital and including Export Development Canada, to increase manufacturing capacity and expand its technology platform.

Value

$44.6M

Status

Completed

Productsmembrane technology for water and wastewater treatment

CompaniesFibracast Export Development Canada investor Cycle Capital investor

Sectors#Water Treatment Equipment

“The new growth capital will enable us to increase our manufacturing capacity, expand our technology platform, and build up our marketing team.”businesswire.com

2 sources
businesswire.comFibracast Announces Closing of $44.6 Million RoundOct 30, 2023
finsmes.comFibracast Closes $44.6M Financing RoundFinSMEsOct 30, 2023

Summarized from public sources; check the original articles before acting on it.

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