How Much Did CITC Raise?
Funding & Key Investors

CITC has secured $150K in total funding, with its most recent capital infusion amounting to $150K. This significant strategic investment underscores the company's established position in the market and its trajectory for continued expansion.

What is CITC?

CITC
ManufacturingIndustrial Machinery & Equipment

CITC specializes in the development and provision of innovative special effects equipment and high-performance fluids. The company serves a diverse clientele across the television, film, live events, and amusement park sectors. Its comprehensive product catalog includes advanced snow machines, fog machines, haze machines, and bubble machines, complemented by a range of specialized fluids and accessories. CITC is dedicated to enhancing productions and creating immersive experiences through its high-quality offerings, which are trusted by major entities within the entertainment industry for their reliability and creative potential.

How much funding has CITC raised?

CITC has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in CITC

PPP

Public-Private Partnership

What's next for CITC?

The company's recent large-scale, late-stage funding indicates a strategic pivot towards scaling operations and potentially expanding its market reach. This capital infusion is likely to fuel advancements in product development, bolster manufacturing capabilities, and support broader market penetration. CITC's focus on specialized equipment for the entertainment industry positions it for growth as demand for high-quality visual effects continues to rise.

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Frequently Asked Questions Regarding CITC Financial Insights

What are the most recent funding rounds that CITC has completed, and what were the funding rounds?
CITC has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding CITC has raised to date?
CITC has raised a total of $150K in funding to date.
How many funding rounds has CITC completed?
CITC has completed 1 funding rounds.
How much funding did CITC raise in its most recent funding round?
CITC raised $150K in its most recent funding round.
Who are the lead investors in CITC's latest funding round?
The lead investor in CITC'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 CITC's history?
The largest funding round in CITC's history was $150K.
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