How Much Did BORN Raise?
Funding & Key Investors

BORN, a leader in fired heater technology for the petro-chemical industry, has recently secured a major strategic investment, contributing to its total funding of $780K. This latest capital infusion, amounting to $430K, underscores the company's established position and ongoing growth trajectory in a critical industrial sector. The context of this financing suggests a significant enterprise-level commitment, positioning BORN for further expansion and technological advancement.

What is BORN?

BORN
ManufacturingIndustrial Machinery & EquipmentArchitecture, Engineering & Design

Founded in 1917, BORN Inc. stands as the preeminent authority in fired heater technology. The company specializes in the comprehensive engineering, manufacturing, and installation of direct-fired process heaters and related equipment, serving the global petro-chemical industry. Its product portfolio includes advanced burner management systems, sulfur recovery units, and waste heat recovery systems, complemented by robust engineering services and after-sales support. BORN's commitment to innovative design and stringent quality control ensures that its solutions meet the exacting specifications of clients across Latin America, Africa, the Middle East, and Europe.

How much funding has BORN raised?

BORN has raised a total of $780K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$430K

Debt (2020): $350K with participation from PPP

Debt (2021): $430K led by PPP

What's next for BORN?

The recent major strategic investment signifies a pivotal moment for BORN, likely enabling the company to accelerate its product development, enhance its manufacturing capabilities, and expand its global market reach. This enterprise-level backing suggests confidence in BORN's long-term strategy and its capacity to innovate within the demanding petro-chemical sector. Future initiatives may focus on leveraging advanced technologies for greater efficiency and sustainability in fired heater systems, further solidifying BORN's leadership position.

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Frequently Asked Questions Regarding BORN Financial Insights

What are the most recent funding rounds that BORN has completed, and what were the funding rounds?
BORN has recently completed 2 funding rounds: Debt on Feb 6, 2021, Debt on Apr 6, 2020.
What is the total amount of funding BORN has raised to date?
BORN has raised a total of $780K in funding to date.
How many funding rounds has BORN completed?
BORN has completed 2 funding rounds.
How much funding did BORN raise in its most recent funding round?
BORN raised $430K in its most recent funding round.
Who are the lead investors in BORN's latest funding round?
The lead investor in BORN'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 BORN's history?
The largest funding round in BORN's history was $430K.
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