How Much Did Artel Raise?
Funding & Key Investors

Artel has secured $1M in total capital, with its most recent financing round bringing in $1M through a major strategic investment. This significant backing underscores the company's established presence and future growth potential in its sector.

What is Artel?

Artel
Business ServicesProject ManagementResearch & Development

Artel specializes in providing comprehensive quality assurance systems tailored for laboratories. The company offers a customizable suite of support, training, and consultation services, focusing on laboratories that utilize automated liquid handling instrumentation and manual pipettes. Headquartered in Westbrook, Maine, Artel is dedicated to enhancing laboratory efficiency and accuracy through its specialized solutions.

How much funding has Artel raised?

Artel has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Artel

PPP

Public-Private Partnership

What's next for Artel?

The recent major strategic investment signals a pivotal moment for Artel, likely enabling expansion of its service offerings, technological advancements in its QA systems, and broader market penetration. This capital infusion is expected to fuel further development and solidify its position as a key provider in the laboratory instrumentation support sector. The company's trajectory suggests a focus on scaling operations and potentially exploring new partnerships to enhance its value proposition.

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Frequently Asked Questions Regarding Artel Financial Insights

What are the most recent funding rounds that Artel has completed, and what were the funding rounds?
Artel has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Artel has raised to date?
Artel has raised a total of $1M in funding to date.
How many funding rounds has Artel completed?
Artel has completed 1 funding rounds.
How much funding did Artel raise in its most recent funding round?
Artel raised $1M in its most recent funding round.
Who are the lead investors in Artel's latest funding round?
The lead investor in Artel's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Artel's history?
The largest funding round in Artel's history was $1M.
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