What is Chill-Tek?
Chill-Tek, Inc., headquartered in Manhattan Beach, California, operates as a key provider of comprehensive refrigerant management solutions. Established in 1999, the company offers specialized services including refrigerant recovery, reclamation, cylinder service, and disposal, primarily serving wholesale distributors. As an EPA Certified Refrigerant Reclaimer, Chill-Tek demonstrates a strong commitment to environmental responsibility and regulatory compliance in its operations. The company's focus on proactive management programs highlights its dedication to delivering timely, high-quality, and integrity-driven services to its clientele.
How much funding has Chill-Tek raised?
Chill-Tek has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Chill-Tek
PPP
Public-Private Partnership
What's next for Chill-Tek?
The substantial capital infusion, particularly the recent strategic investment, positions Chill-Tek for significant growth and operational enhancement. This funding is expected to fuel advancements in its refrigerant reclamation technologies and expand its service network. As a company operating in a sector critical to environmental compliance and industrial operations, Chill-Tek's strategic financing will likely enable it to solidify its market leadership, invest in sustainable practices, and potentially explore new service offerings or geographic expansions. The company's late-stage funding context suggests a focus on scaling operations and optimizing its business model for long-term profitability and market dominance.
See full Chill-Tek company page
