On March 12, 2020, Greyter Water Systems Inc. announced that it has completed a $3 million Series A funding led by Lennar Ventures, which includes $3 million in equity that will be used to scale Greyter’s business to meet the demand of builders.
Greyter is a Toronto-based company developing innovative water reuse technology that creates water-efficient buildings and homes, addresses water scarcity and reduces water costs.
Lennar Ventures is the technology and innovation strategies segment of Lennar Corporation, one of the United States’ leading builders of homes. Founded in 1954, Lennar Corporation builds homes primarily under the Lennar brand and provides mortgage financing, title, and closing services.
Cassels acted for Greyter with a deal team consisting of Jake Bullen, Aly Somani and Gaurav Anand (Business and High Growth & Venture Capital).