BastCore Inc., founded in 2014, is spearheading innovation in hemp processing with its mission to "make hemp wearable and usable," envisioning itself as the future of bio-based innovation. Based in the United States, this dynamic company operates at the intersection of Agriculture, Consumer Goods, and Manufacturing industries.
Through a combination of American ingenuity and expertise, BastCore has evolved from an early-stage entity into a market leader in developing superior fiber from bast and expanding the applications for the core or hurd of the hemp stalk. The company continues to set benchmarks in hemp processing, aiming to revolutionize the industry.
The most recent financial influx was a $2.80M Series A investment, closed on April 21, 2021, with Poseidon Asset Management as a notable investor. This supports BastCore's growth trajectory in scaling operations and enhancing their product offerings.