What is Chill-Tek?
Chill-Tek, Inc., headquartered in Manhattan Beach, California, is a key player in the refrigerant services sector. The company's core operations encompass refrigerant recovery, reclamation, cylinder service, and disposal, serving a broad network of wholesale distributors. Established in 1999, Chill-Tek has built a reputation for proactive refrigerant management, prioritizing timeliness, quality, and integrity in its customer interactions. As an EPA Certified Refrigerant Reclaimer, the company demonstrates a strong commitment to responsible environmental practices and regulatory compliance in its handling of refrigerants.
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
What's next for Chill-Tek?
The recent strategic investment in Chill-Tek signals a phase of potential expansion and operational enhancement. Given the company's focus on essential services within the HVAC and refrigeration supply chain, this capital infusion is likely to support scaling its recovery and reclamation capabilities, potentially broadening its service area or investing in advanced processing technologies. The company's established client base and EPA certification provide a solid foundation for leveraging this new backing to further solidify its market leadership and pursue new opportunities in sustainable refrigerant management.
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