What is Controlled Release Technologies?
Controlled Release Technologies Inc., headquartered in Shelby, North Carolina, is a distinguished research, development, and manufacturing firm specializing in HVAC maintenance products. Since its inception in 1986, the company has been at the forefront of creating leading-edge, independently-certified Green products that have become industry benchmarks. These products are utilized in thousands of commercial buildings globally, reflecting CRT's commitment to innovation and environmental responsibility. The company's active participation in professional organizations such as BOMA, ASHRAE, ASHE, and the American Chemical Society highlights its deep engagement with industry standards and advancements.
How much funding has Controlled Release Technologies raised?
Controlled Release Technologies has raised a total of $127K across 1 funding round:
Debt
$127K
Debt (2021): $127K with participation from PPP
Key Investors in Controlled Release Technologies
PPP
Public-Private Partnership
What's next for Controlled Release Technologies?
The substantial capital infusion, characterized as a large-scale late-stage funding event, positions Controlled Release Technologies for accelerated growth and market expansion. This strategic backing is expected to fuel further research and development initiatives, enhance manufacturing capabilities, and broaden the company's distribution network. As a company with a proven track record and a portfolio of industry-standard green products, this investment signifies confidence in CRT's future trajectory and its capacity to continue leading the HVAC maintenance solutions market.
See full Controlled Release Technologies company page
