Fibracast Announces Closing of $44.6 Million Round
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.
- 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.
- Fibracast is pleased to announce that the raise included both existing shareholders and institutional investors for the first time.
- Fibracast is relentlessly committed to improving treatment efficiency, reducing the total cost of ownership, and optimizing operational reliability.
- This round of financing will support technology commercialisation in wastewater treatment plants across North America, Europe, and Asia.