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

Automatic Ice Systems has secured $409K in total capital, with its most recent financing round bringing in $259K in a major strategic investment. This significant backing underscores the company's established position in the automated ice production sector.

What is Automatic Ice Systems?

Automatic Ice Systems
ManufacturingIndustrial Machinery & EquipmentArchitecture, Engineering & Design

Automatic Ice Systems, Inc. is a seasoned provider of automated ice making, processing, and packaging solutions, catering to privately owned ice producers. Boasting over four decades of industry experience, the company delivers bespoke solutions, integrating Vogt Tube-Ice machines and advanced packaging equipment. Their comprehensive service offering encompasses end-to-end project management, professional 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

Key Investors in Automatic Ice Systems

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Automatic Ice Systems?

The substantial large-scale late-stage funding indicates a strategic phase for Automatic Ice Systems, likely focused on expanding operational capacity, enhancing technological innovation in ice automation, or broadening market reach. This capital infusion is poised to fuel further growth and solidify its competitive advantage in providing specialized, high-efficiency ice production systems. The company's continued investment in tailored solutions suggests a commitment to deepening client relationships and addressing the evolving needs of the private ice production market.

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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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