FlexBase International Closes Six-Figure Funding
Summary
The placement was backed by Patri Friedman, GP of Pronomos Capital and Miles Albert. These Silicon Valley investors join Singapore-based Oilfield Services & Supplies (OSS Group), an oil & gas firm with a pan-Asian footprint, in backing the company. The company also counts Inderjit Singh Dhaliwal, President of the World Business Angel Investment Forum (WBAF) Global Startup Committee and a former Singapore parliamentarian, as a senior advisor. With roots in the Netherlands and Singapore and led by Jan Willem Roël, FlexBase International designs and implements floating foundations used to build on the water in a wide variety of applications for living, working and recreation. The concept is based on proprietary expanded polystyrene (EPS) and concrete hybrid.