What is Additel?
Additel Corporation specializes in the design and manufacture of high-quality handheld test tools and portable calibrators tailored for process industries. With over 18 years of industry experience, Additel has developed a comprehensive portfolio of calibration solutions, including Dry Well Calibrators, Thermometer Readouts, Pressure Controllers, Portable Automated Pressure Calibrators, handheld Digital Pressure Calibrators, Documenting Process Calibrators, Multifunction Process Calibrators, Digital Pressure Gauges, and various Calibration and Test Pumps. The company's focus on precision and reliability has positioned it as a leading worldwide provider in its niche.
How much funding has Additel raised?
Additel has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Additel?
The recent strategic investment, alongside the substantial total funding of $350K, signals a phase of significant growth and potential expansion for Additel. This capital infusion is likely to fuel further research and development into advanced calibration technologies, enhance manufacturing capabilities, and broaden market reach. As a mature player in the process calibration tools sector, Additel is poised to leverage this backing to solidify its leadership and explore new opportunities within the global industrial instrumentation landscape.
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