FilterBoxx designs, supplies and operates water and wastewater treatment systems for industrial, municipal, resort and aboriginal clients. It operates through subsidiaries FilterBoxx Packaged Water Solutions, which supplies standard and custom treatment systems, and FilterBoxx Energy Services, which provides rental equipment, services and plant operations to a rental fleet. FilterBoxx Energy Services also supports the company’s Design-Build-Own-Operate (DBOO) plants operating throughout Canada and the USA. The company is led by CEO Larry Novachis. FilterBoxx intends to use recent funding to expand into new and emerging markets while continuing to grow in Alberta. The business model spans equipment sales, rentals, services and operating contracts across North America. FilterBoxx supplies packaged potable water and wastewater treatment systems through a rental fleet and capital sale program for industrial and municipal customers. It serves drilling, mining and pipeline camps, small municipalities, resorts, aboriginal communities and major oil and gas producers, supporting SAGD water reuse, boiler feed water treatment and metals removal. The company has been in operation since 2001 and has systems deployed in Canada and the USA. FilterBoxx closed a $9 million follow-on investment with XPV Capital and EnerTech Capital. The company says the financing will be used to expand existing business lines and move into emerging areas, including tailings pond treatment and offshore oil and gas water treatment. Company and investor statements emphasize strategic and development support to add advanced technologies and help FilterBoxx transition toward a larger global role in water and wastewater treatment and reuse.

Total raised

$24M

Funding rounds

2

Latest round

Equity

Latest activity

Jun 2014