How Much Did Beta Max Raise?
Funding & Key Investors

Beta Max Hoists has secured significant capital, with total funding reaching $459K and a recent strategic investment of $309K announced on January 17, 2021. This substantial backing underscores the company's established position in the market and its potential for continued expansion.

What is Beta Max?

Beta Max
ManufacturingIndustrial Machinery & Equipment

Beta Max Hoists, headquartered on the Space Coast of Florida, is a recognized leader in the manufacturing of wire rope and rack & pinion hoist systems. With over 35 years of operational expertise, the company provides advanced lifting solutions for materials and personnel across multi-floor building projects. Beta Max Hoists is committed to delivering trustworthy equipment, comprehensive training, and expert support, positioning itself as a key innovator in the construction and industrial lifting sectors.

How much funding has Beta Max raised?

Beta Max has raised a total of $459K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$309K

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

Debt (2021): $309K led by PPP

Key Investors in Beta Max

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Beta Max?

The recent large-scale, late-stage funding indicates Beta Max Hoists is poised for significant growth and strategic initiatives. This capital infusion is likely to fuel further product development, market penetration, and potentially operational scaling to meet increasing demand. The company's focus on innovation and robust support systems suggests a trajectory aimed at solidifying its industry leadership and exploring new technological advancements in lifting solutions.

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Frequently Asked Questions Regarding Beta Max Financial Insights

What are the most recent funding rounds that Beta Max has completed, and what were the funding rounds?
Beta Max has recently completed 2 funding rounds: Debt on Jan 17, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Beta Max has raised to date?
Beta Max has raised a total of $459K in funding to date.
How many funding rounds has Beta Max completed?
Beta Max has completed 2 funding rounds.
How much funding did Beta Max raise in its most recent funding round?
Beta Max raised $309K in its most recent funding round.
Who are the lead investors in Beta Max's latest funding round?
The lead investor in Beta Max'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 Beta Max's history?
The largest funding round in Beta Max's history was $309K.
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