How Much Did CITC Raise?
Funding & Key Investors

CITC, a prominent player in the special effects equipment and high-performance fluids sector, has secured significant capital, with its total funding reaching $150K. The company recently announced a major strategic investment, underscoring its robust market position and future growth potential in the dynamic entertainment industry.

What is CITC?

CITC
ManufacturingIndustrial Machinery & Equipment

CITC specializes in the development and provision of innovative special effects equipment and high-performance fluids. Their comprehensive product catalog includes essential items for television, film, live events, and amusement parks, such as snow machines, fog machines, haze machines, and bubble machines, alongside a variety of specialized fluids and accessories. The company is dedicated to enhancing productions and creating immersive experiences through its quality offerings, serving major entities within the entertainment sector.

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?

With the backing of large-scale late-stage funding and a recent major strategic investment, CITC is poised for accelerated expansion and product development. This infusion of capital is expected to fuel advancements in their innovative special effects technology and fluid formulations, further solidifying their competitive edge. The company's strategic focus will likely involve scaling operations to meet increasing demand from the global entertainment market and potentially exploring new applications for their specialized equipment and fluids.

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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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