How Much Did Automatic Ice Systems Raise?
Funding & Key Investors

Automatic Ice Systems, Inc. has secured significant capital, with total funding reaching $409K and a recent strategic investment of $259K. This latest financing round underscores the company's established position in the automated ice production sector and its ongoing growth trajectory.

What is Automatic Ice Systems?

Automatic Ice Systems
ManufacturingIndustrial Machinery & EquipmentArchitecture, Engineering & Design

Automatic Ice Systems, Inc. is a specialized provider of automated ice making, processing, and packaging systems, catering to privately owned ice producers. Boasting over four decades of industry experience, the company delivers comprehensive solutions, including the integration of Vogt Tube-Ice machines and advanced packaging equipment. Their expertise encompasses project management, seamless equipment installation, and dedicated engineering support, all aimed at optimizing efficiency and ensuring client confidentiality within the ice production industry.

How much funding has Automatic Ice Systems raised?

Automatic Ice Systems has raised a total of $409K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$259K

Debt (2020): $150K with participation from PPP

Debt (2021): $259K led by PPP

What's next for Automatic Ice Systems?

The substantial capital infusion, particularly the recent strategic investment, signals a phase of significant scaling and potential market expansion for Automatic Ice Systems. This backing is indicative of a large-scale, late-stage funding environment, suggesting the company is poised to enhance its operational capabilities, potentially broaden its technological offerings, or pursue strategic acquisitions. The focus on automated systems and processing efficiency positions AIS to capitalize on increasing demand for streamlined ice production solutions.

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Frequently Asked Questions Regarding Automatic Ice Systems Financial Insights

What are the most recent funding rounds that Automatic Ice Systems has completed, and what were the funding rounds?
Automatic Ice Systems has recently completed 2 funding rounds: Debt on Feb 9, 2021, Debt on Apr 12, 2020.
What is the total amount of funding Automatic Ice Systems has raised to date?
Automatic Ice Systems has raised a total of $409K in funding to date.
How many funding rounds has Automatic Ice Systems completed?
Automatic Ice Systems has completed 2 funding rounds.
How much funding did Automatic Ice Systems raise in its most recent funding round?
Automatic Ice Systems raised $259K in its most recent funding round.
Who are the lead investors in Automatic Ice Systems's latest funding round?
The lead investor in Automatic Ice Systems'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 Automatic Ice Systems's history?
The largest funding round in Automatic Ice Systems's history was $259K.
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