What is CHARIS Engineering?
CHARIS Engineering, LLC is a licensed engineering firm headquartered in Midland, TX, providing specialized engineering services tailored for the oil and gas industry. The company's core competencies lie in process engineering, with a particular focus on midstream operations and renewable energy sources. They offer expertise in critical areas such as cryogenic, separation, and treating processes. Their service portfolio encompasses project implementation, turnkey Engineering, Procurement, and Construction (EPC) projects, operational troubleshooting, and detailed economic analyses, all designed to bolster client safety and operational efficiency. Licensed across multiple states, CHARIS Engineering is strategically positioned for continued growth and broader market penetration.
How much funding has CHARIS Engineering raised?
CHARIS Engineering has raised a total of $343K across 2 funding rounds:
Debt
$150K
Debt
$193K
Debt (2020): $150K with participation from PPP
Debt (2021): $193K led by PPP
Key Investors in CHARIS Engineering
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for CHARIS Engineering?
With the recent influx of capital from a major strategic investment, CHARIS Engineering is poised to accelerate its growth initiatives. This large-scale, late-stage funding suggests a focus on scaling operations, potentially expanding its service offerings, or entering new geographic markets. The company's expertise in process engineering for both traditional and renewable energy sectors positions it favorably to capitalize on evolving industry demands and contribute to enhanced safety and efficiency across the energy value chain.
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