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Bast Fibre Technologies

Victoria · Founded 2016 · British Columbia, Canada corporation · 2 known investors

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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.

AgTech Circular Economy Cleantech New Materials

Founders & leadership

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

NH

Noel Hall Co-founder · Exec ChairNoel Hall is president of Machall Investments, a family office with investments in biotech, biomed technology, and regenerative products companies. He is also a business partner in a BC-based cidery and has held the role of Executive Officer and Director at Bast Fibre Technologies.

JF

Jason Finnis

Jason Finnis Chief Innovation Officer & Co-Founder2015–2025Jason Finnis is Executive Officer of Bast Fibre Technologies, which develops engineered natural fibres such as hemp to replace plastic in consumer fabrics and nonwoven products. He brings over 30 years of experience in natural fibres, sustainable materials, and scaling fibre technologies from development to commercial deployment.

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 · 2

Merida Capital Holdingslisted by Merida Capital HoldingsRye

How we know: press coverage · Not right? Tell us

Natural Products CanadareportedCharlottetown · $350K

How we know: press coverage · Not right? Tell us

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

Bast Fibre Technologies Inc. secures strategic investment from Ahlström Capitalprnewswire.com · Oct 2022

Today in funding: Kaloom, Bast Fibre Technologies, Arcturus, ChopValue, StoryTap, OpenUnit | BetaKitbetakit.com · May 2021

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, Natural Products Canada.
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.