What is Controlled Release Technologies?
Controlled Release Technologies Inc., headquartered in Shelby, North Carolina, is a specialized firm engaged in the research, development, and manufacturing of Green products for HVAC maintenance. Since its inception in 1986, the company has been instrumental in creating leading-edge maintenance solutions that have become industry benchmarks. These products are deployed in thousands of commercial buildings globally, reflecting CRT's commitment to energy efficiency and sustainable practices. The company's technical expertise is further evidenced by its employees' affiliations with prominent industry organizations such as BOMA, ASHRAE, ASHE, and the American Chemical Society.
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
What's next for Controlled Release Technologies?
The substantial large-scale late-stage funding context suggests Controlled Release Technologies is poised for significant scaling and market expansion. This capital infusion is likely to fuel further innovation in their Green product lines, enhance manufacturing capabilities, and broaden their distribution network to reach a wider commercial client base. The company's strategic focus on developing industry-standard HVAC maintenance solutions positions it for continued growth and leadership in the sustainable building management market.
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