Fundraising Fox

Bast Fibre Technologies

Victoria · Founded 2016 · British Columbia, Canada corporation · 1 known investors

Bast Fibre Tech develops engineered technical natural fibres, such as hemp, designed to replace plastic in consumer fabrics and nonwoven products. It works with partners across the growing, manufacturing, and consumer goods supply chain to reduce plastic use.

AgTechCircular EconomyCleantechNew Materials

Founders & leadership

Bast Fibre Technologies was founded in 2016 by Noel Hall and Jason Finnis.

NH
Noel HallinCo-founder
JF
Jason FinnisinCo-founder
PC
Philip ChristopherNamed on SEC filing
GP
Guy PrevostNamed on SEC filing
BL
Benjamin LightburnNamed on SEC filing
GM
George MurphyNamed on SEC filing
KH
Kenneth HallatNamed on SEC filing
JP
James PosaNamed on SEC filing
JP
John ParkinsonNamed on SEC filing

Investors · 1

Merida Capital HoldingsRye

Reported raises · per SEC filings

Form D private placements

$3.4M disclosed across 5 rounds · 2019–2021

▶$2.8MraisedMay 2021 · 4 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Philip ChristopherDirector
  • Guy PrevostExecutive Officer
  • Benjamin LightburnDirector
  • Noel HallExecutive Officer, Director
  • George MurphyDirector
  • Kenneth HallatDirector
  • James PosaExecutive Officer
  • Jason FinnisExecutive Officer
  • John ParkinsonExecutive Officer
Offering amount
$2.8M
Amount sold
$2.8M
First sale
May 2021
Incorporated
Corporation, British Columbia, Canada, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$281.4KraisedJan 2021 · 4 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Noel HallExecutive Officer, Director
  • James PosaExecutive Officer
  • Guy PrevostExecutive Officer
  • Jason FinnisExecutive Officer
  • Benjamin LightburnDirector
  • George P. MurphyDirector
  • Philip ChristopherDirector
  • John ParkinsonExecutive Officer
  • Kenneth HallatDirector
Offering amount
$281.4K
Amount sold
$281.4K
First sale
Dec 2020
Incorporated
Corporation, British Columbia, Canada, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$320KraisedJun 2020 · 3 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Kenneth HallatDirector
  • Noel HallExecutive Officer, Director
  • George P. MurphyDirector
  • Jason FinnisExecutive Officer
  • Benjamin LightburnDirector
  • Guy PrevostExecutive Officer
  • Philip ChristopherDirector
  • James PosaExecutive Officer
Offering amount
$448K
Amount sold
$320K
First sale
Jun 2020
Incorporated
Corporation, British Columbia, Canada, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$47.8KraisedMay 2020 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Philip ChristopherDirector
  • Jason FinnisExecutive Officer
  • Guy PrevostExecutive Officer
  • James PosaExecutive Officer
  • Noel HallExecutive Officer, Director
  • Benjamin LightburnDirector
  • Kenneth HallatDirector
  • George P. MurphyDirector
Offering amount
$123.3K
Amount sold
$47.8K
First sale
Apr 2020
Incorporated
Corporation, British Columbia, Canada, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$23.9KraisedMay 2019 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • PHILIP CHRISTOPHERDirector
  • EDWARD H. SZKUDLAPSKIDirector
  • GREGG F. STEWARTDirector
  • JASON FINNISExecutive Officer, Director
  • NOEL F. HALLExecutive Officer, Director
  • KENNETH B. HALLATExecutive Officer, Director
  • GUY L. PREVOSTExecutive Officer, Director
  • GEORGE PATRICK MURPHYDirector
Offering amount
$143.3K
Amount sold
$23.9K
First sale
Apr 2019
Incorporated
Corporation, British Columbia, Canada, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Strategic funding move from Bast Fibre Technologies Inc. - Textilegencetextilegence.com · Oct 2022Cleantech Fibre Engineering Firm Bast Fibre Technologies Secures Major Strategic Investment From AhlströM Capital | T-Net Newsbctechnology.com · Oct 2022Bast Fibre Technologies Inc. secures strategic investment from Ahlström Capitalprnewswire.com · Oct 2022Canadian company raises $7 million, will develop fiber factory in Europehemptoday.net · May 2021Today in funding: Kaloom, Bast Fibre Technologies, Arcturus, ChopValue, StoryTap, OpenUnit | BetaKitbetakit.com · May 2021Bast Fibre Technologies snaps up fundingventurecapitaljournal.com · Jun 2020

Frequently asked questions

What does Bast Fibre Technologies do?
Bast Fibre Tech develops engineered technical natural fibres, such as hemp, designed to replace plastic in consumer fabrics and nonwoven products. It works with partners across the growing, manufacturing, and consumer goods supply chain to reduce plastic use.
Who founded Bast Fibre Technologies?
Bast Fibre Technologies was founded by Noel Hall, Jason Finnis in 2016.
Who are Bast Fibre Technologies's investors?
Bast Fibre Technologies's investors include Merida Capital Holdings.
How much funding has Bast Fibre Technologies raised?
Bast Fibre Technologies has disclosed $3.4M raised across 5 rounds.
Where is Bast Fibre Technologies headquartered?
Bast Fibre Technologies is headquartered in Victoria.