KIYATEC Announces Investment from Seae Ventures and Names Co-founder and Managing Partner Jason Robart to its Board of Directors
01 May, 2021
– BastCore is a Montgomery, Ala.-based industrial hemp fiber processing & technology company.
– The company completed a $2.8m Series A financing round.
– Poseidon Asset Management participated in the round.
– The company intends to use the proceeds to further enhance its proprietary decortication and degumming technology, hire new personnel and serve the demand it is seeing from the textiles market in addition to many other markets.