How Much Did Cold Jet Raise?
Funding & Key Investors

Cold Jet, a pioneer in dry ice technology, has successfully secured significant capital to bolster its market position. The firm, which has reached a total valuation milestone represented by $2M, continues to demonstrate robust growth trajectories within the industrial cleaning sector. This latest injection of capital, totaling $0, underscores the ongoing demand for sustainable, non-abrasive surface preparation solutions in global manufacturing environments.

The company's financial history reflects a disciplined approach to scaling, moving from its foundational roots in 1986 to its current status as a leader in dry ice blasting innovation. By leveraging this recent financing, Cold Jet is well-positioned to optimize its operational footprint and expand its technological reach across diverse industrial verticals.

What is Cold Jet?

Cold Jet
ManufacturingTest & Measurement EquipmentBusiness Services

Headquartered in Loveland, Ohio, Cold Jet LLC has established itself as the definitive authority in dry ice blasting and production technology. Since its inception in 1986, the company has focused on the research and development of high-performance cleaning systems that utilize solid carbon dioxide pellets. This technology provides a critical advantage for industries requiring precision cleaning without the secondary waste associated with traditional chemical or abrasive methods.

Cold Jet serves a broad spectrum of sectors, including automotive, aerospace, food processing, and power generation. By prioritizing environmental sustainability and operational efficiency, the company has carved out a unique niche in the industrial maintenance market. Its proprietary blasting systems are engineered to reduce downtime and improve equipment longevity, making them an essential component of modern enterprise-level maintenance strategies.

How much funding has Cold Jet raised?

Cold Jet has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in Cold Jet

PPP

Public-Private Partnership

What's next for Cold Jet?

With the recent infusion of capital, Cold Jet is poised to accelerate its strategic initiatives, focusing on the next generation of automated cleaning solutions and global market penetration. The company is expected to prioritize R&D investments to refine its dry ice production capabilities, ensuring that its supply chain remains resilient in the face of increasing industrial demand.

Furthermore, the firm is likely to explore strategic partnerships that integrate its blasting technology into broader smart-factory ecosystems. By focusing on digital transformation and the integration of IoT-enabled monitoring for its equipment, Cold Jet aims to transition from a hardware provider to a comprehensive industrial service partner. This forward-looking strategy will be instrumental in maintaining its competitive edge as the industry shifts toward more sustainable and automated maintenance protocols.

See full Cold Jet company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

ElectronicsManufacturing
FurnitureManufacturing
Automotive PartsManufacturing
Building MaterialsManufacturingIndustrial Machinery & Equipment

Frequently Asked Questions Regarding Cold Jet Financial Insights

What are the most recent funding rounds that Cold Jet has completed, and what were the funding rounds?
Cold Jet has recently completed 1 funding rounds: Debt on Apr 12, 2020.
What is the total amount of funding Cold Jet has raised to date?
Cold Jet has raised a total of $2M in funding to date.
How many funding rounds has Cold Jet completed?
Cold Jet has completed 1 funding rounds.
How much funding did Cold Jet raise in its most recent funding round?
Cold Jet raised $2M in its most recent funding round.
Who are the lead investors in Cold Jet's latest funding round?
The lead investor in Cold Jet'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 Cold Jet's history?
The largest funding round in Cold Jet's history was $2M.
See more information about Cold Jet