FundedIQ
Manufacturing

Derwent Industries

Derwent Foundry, Derwent Pipelines, Derwent Clamps, and Derwent Couplings are all part of Derwent Industries. The Tasmanian Foundry is based in Hobart, Tasmania, and has full Standards Mark approval for their selection of water fittings. Derwent Foundry® was founded in 1840 and has undergone a number of modifications and restructurings to deliver castings at reasonable prices both within Australia and beyond. The Foundry produces DI fittings with a DN 80 to 1000. Derwent Bendigo, formerly Keech, was just bought by the company, enhancing our ability to manufacture in Australia. Now producing a range of mining items, the facility will progressively be expanded to produce water fittings to complement Hobart.

www.derwentindustries.com.au Dandenong, Australia 11-50 employees
Total raised
$10.3M
Rounds
1
Latest
Series Unknown
Feb 2023

Derwent Foundry, Derwent Pipelines, Derwent Clamps, and Derwent Couplings are all part of Derwent Industries. The Tasmanian Foundry is based in Hobart, Tasmania, and has full Standards Mark approval for their selection of water fittings. Derwent Foundry® was founded in 1840 and has undergone a number of modifications and restructurings to deliver castings at reasonable prices both within Australia and beyond. The Foundry produces DI fittings with a DN 80 to 1000. Derwent Bendigo, formerly Keech, was just bought by the company, enhancing our ability to manufacture in Australia. Now producing a range of mining items, the facility will progressively be expanded to produce water fittings to complement Hobart.

Derwent Industries has raised $10.3M across 1 round. Its most recent round was a Series Unknown of $10.3M in Feb 2023. Full funding history, investors, and team are detailed below.

Funding history

1 round · 1 visible Unlock with plan

1 round on record.

Date
Round
Amount
Lead investor
Feb 19, 2023
Series Unknown
$10.3M

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