# Bast Fibre Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bast-fibre-technologies

- Industry: Materials
- Headquarters: Victoria, Canada
- Website: www.bastfibretech.com
- Total disclosed funding: $7M
- Latest round: Series A (May 7, 2021)
- Investors on record: 1

## About

Based in Victoria, British Columbia, Canada, and founded in 2016, Bast Fibre Technologies Inc. formerly known as CRAiLAR Fiber Technologies International Inc. operates as a clean technology natural fiber engineering company that manufactures fabrics and natural fibers that uses an IP protected enhancements for hemp, flax, natural yarn, textile, pulp, and other bast fibers. The solution provides improved absorbency, tensile strength, and cloth-like texture for fiber products in the nonwoven wiping industries.

## Funding rounds

- Series A, May 7, 2021, $7M — Merida Capital Holdings

## Investors

- Merida Capital Holdings (https://capitalatlas.ai/funds/merida-capital-holdings) — Series A