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Fractal Systems

Fractal Systems
2006 FOUNDED
PRIVATE STATUS
11-20 EMPLOYEES
Grant LATEST DEAL TYPE
$3.7M LATEST DEAL AMOUNT
3 INVESTORS
Description

Developer of a technology for upgrading heavy-oil and bitumen transportation. The company develops and patents technologies to improve de-bottle infrastructure and provide flexibility associated with the transportation of heavy oil.

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Oil and Gas Equipment
Other Industries
Energy Transportation
Primary Office
4070 Portland Boulevard
Sherbrooke, Quebec J1L 2Y4
Canada

+1 (819) 000-0000
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Fractal Systems Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Grant 19-Mar-2015 $3.7M Completed Startup
1. Early Stage VC 01-Nov-2006 Completed Startup
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Fractal Systems Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Sustainable Development Technology Canada Not-For-Profit Venture Capital 000 0000 000000 0
Braemar Energy Ventures Venture Capital Minority 000 0000 000000 0
Rho Ventures Venture Capital Minority 000 0000 000000 0

Fractal Systems Executive Team (5)

Name Title Board
Seat
Contact
Info
Joseph Gasca President, Board Member & Chief Executive Officer
Ed Veith President & Chief Operating Officer
Esteban Chornet Ph.D Co-Founder & Advisor, Technology
Michel Chornet Co-Founder, Interim President, Board Member & Vice President, Engineering & Technology Department

1 Former Executive

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Fractal Systems Board Members (3)

Name Representing Role Since Contact
Info
Joshua Ruch Rho Ventures Board Member 000 0000
Neil Suslak Braemar Energy Ventures Board Member 000 0000

1 Former Board Member

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