Fibracast

Hamilton, Canada Founded: 2010 • Age: 16 yrs
Water management services are provided for infrastructure in Canada.
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About Fibracast

Fibracast is a company based in Hamilton (Canada) founded in 2010.. Fibracast has raised $48.64 million across 4 funding rounds from investors including Export Development Canada and Cycle Capital. Fibracast offers products and services including FibrePlate™ and MBR Solutions. Fibracast operates in a competitive market with competitors including Kemira, Newterra, Organica Water, TreaTech and Ovivo, among others.

  • Headquarter Hamilton, Canada
  • Sectors
    Environment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Environment → Environmental Management & Pollution Control
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $48.64 M (USD)

    in 4 rounds

  • Latest Funding Round
    $3.86 M (USD), Series C

    Mar 05, 2025

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Fibracast

Fibracast offers a comprehensive portfolio of products and services, including FibrePlate™ and MBR Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Hybrid membrane for efficient wastewater treatment and performance optimization.

System for high-capacity wastewater processing with minimal footprint.

People of Fibracast
Headcount 50-200
Employee Profiles 7
Board Members and Advisors 3
Employee Profiles
People
Rakesh Dewan
CFO & Corporate Secretary
People
David Irvine
Supply Chain Operations Manager
People
Michael Baruch
Chief Technology Officer -Membrane
People
Rakesh Dewan, CGMA (USA), CPA (USA), CA, CGA, CPA
Chief Financial Officer (cfo) And Corporate Secretary

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Funding Insights of Fibracast

Fibracast has successfully raised a total of $48.64M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $3.86 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Series C — $3.9M
  • First Round

    (30 Oct 2023)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2025 Amount Series C - Fibracast Valuation

investors

Feb, 2025 Amount Series C - Fibracast Valuation

investors

Jan, 2025 Amount Series C - Fibracast Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Fibracast

Fibracast has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Export Development Canada and Cycle Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Cycle Capital is engaged in venture capital for clean tech innovations.
Founded Year Domain Location
SME loans are provided to support business exports.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Fibracast

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Fibracast

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Fibracast Comparisons

Employees
+
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Competitors of Fibracast

Fibracast operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kemira, Newterra, Organica Water, TreaTech and Ovivo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Waste management services are provided by Kemira to industrial clients.
domain founded_year HQ Location
Modular water treatment solutions are manufactured for various applications.
domain founded_year HQ Location
Biological wastewater treatment solution
domain founded_year HQ Location
Municipal and industrial wastewater treatment technologies are developed.
domain founded_year HQ Location
Provider of wastewater & drinking water treatment systems for multi-industries and municipalities
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Fibracast

Frequently Asked Questions about Fibracast

When was Fibracast founded?

Fibracast was founded in 2010 and raised its 1st funding round 13 years after it was founded.

Where is Fibracast located?

Fibracast is headquartered in Hamilton, Canada. It is registered at Hamilton, Ontario, Canada.

Who is the current CEO of Fibracast?

Steve Watzeck is the current CEO of Fibracast.

Is Fibracast a funded company?

Fibracast is a funded company, having raised a total of $48.64M across 4 funding rounds to date. The company's 1st funding round was a Series C of $120.76K, raised on Oct 30, 2023.

What does Fibracast do?

Fibracast was established in 2010 in Hamilton, Canada, as a provider in the water management sector. Services related to water infrastructure and treatment are delivered to municipal and industrial clients. Operations are centered in Canada, with a focus on practical solutions for water systems. Leadership roles are filled by Steve Watzeck as CEO and Board Member, and Stephen Watzek as CEO. The companys domain, fibracast.com, supports its online operations.

Who are the top competitors of Fibracast?

Fibracast's top competitors include Kemira, Newterra and World Water Works.

What products or services does Fibracast offer?

Fibracast offers FibrePlate™ and MBR Solutions.

Who are Fibracast's investors?

Fibracast has 2 investors. Key investors include Export Development Canada, and Cycle Capital.

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