How Much Did Cober Raise?
Funding & Key Investors

Cober, a specialist in industrial process heating and drying systems, has secured $116K in total funding, with its most recent capital infusion amounting to $116K. This significant strategic investment underscores the company's established position in the market and its ongoing growth trajectory.

What is Cober?

Cober
ManufacturingBuilding MaterialsIndustrial Machinery & Equipment

Cober specializes in the design and manufacturing of industrial process heating and drying systems that prioritize precision control and high-quality output. Their product range includes curing ovens, microwave ovens, drying systems, and components, serving industries such as automotive, construction, pharmaceutical, and food. Founded in 1966, Cober is particularly renowned for its continuous vulcanization systems and offers both standard and custom-engineered solutions. The company leverages microwave technology to provide comprehensive heating systems tailored to specific application needs.

How much funding has Cober raised?

Cober has raised a total of $116K across 1 funding round:

2021

Debt

$116K

Debt (2021): $116K with participation from PPP

Key Investors in Cober

PPP

Public-Private Partnership

What's next for Cober?

With a history dating back to 1966 and a focus on advanced heating technologies, Cober's recent large-scale late-stage funding indicates a strategic push towards scaling operations, expanding market reach, or further developing its innovative microwave-based solutions. This capital injection is expected to fuel advancements in their industrial process heating and drying systems, potentially leading to new product lines or enhanced capabilities for their clientele in sectors like automotive, construction, pharmaceutical, and food.

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Frequently Asked Questions Regarding Cober Financial Insights

What are the most recent funding rounds that Cober has completed, and what were the funding rounds?
Cober has recently completed 1 funding rounds: Debt on Feb 13, 2021.
What is the total amount of funding Cober has raised to date?
Cober has raised a total of $116K in funding to date.
How many funding rounds has Cober completed?
Cober has completed 1 funding rounds.
How much funding did Cober raise in its most recent funding round?
Cober raised $116K in its most recent funding round.
Who are the lead investors in Cober's latest funding round?
The lead investor in Cober'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 Cober's history?
The largest funding round in Cober's history was $116K.
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