What is Automatic Ice Maker?
Automatic Ice Maker Co., founded in 1961, is a prominent supplier of commercial ice machines, refrigeration units, and restaurant equipment based in New Jersey. The company serves the food service industry by offering a comprehensive inventory of reputable brands, competitive pricing, and dedicated customer service. Their product line includes ice makers and various refrigeration solutions, positioning them as a comprehensive resource for businesses requiring commercial kitchen equipment, both new and pre-owned.
How much funding has Automatic Ice Maker raised?
Automatic Ice Maker has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Automatic Ice Maker?
The substantial late-stage funding, characterized as a major strategic investment, suggests Automatic Ice Maker is poised for significant expansion or operational enhancement. This capital infusion will likely be directed towards scaling operations, expanding market reach within the commercial food service sector, or potentially investing in technological advancements for their equipment offerings. The company's long-standing history and established market presence provide a solid foundation for leveraging this new financing to solidify its leadership in the industry.
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