How Much Did ControlTec Raise?
Funding & Key Investors

ControlTec has secured $20K in total financing, with a recent capital injection of $20K designated for substantial expansion. This latest round of investment underscores the company's strategic positioning and growth trajectory within its market.

What is ControlTec?

ControlTec
RetailHome Improvement & Hardware RetailIndustrial Machinery & Equipment

ControlTec is a prominent provider of control panels and automated systems, with a specialized focus on the craft beverage industry, particularly in fermentation control. Leveraging over 25 years of experience as an importer and distributor, the company offers an extensive product range sourced from Italian manufacturer Ascon Tecnologic. Their high-quality controls and instrumentation are vital for applications across packaging, food equipment, plastics, and scientific sectors, establishing ControlTec as a leading supplier in its niche.

How much funding has ControlTec raised?

ControlTec has raised a total of $20K across 1 funding round:

2021

Debt

$20K

Debt (2021): $20K with participation from PPP

What's next for ControlTec?

The significant Series B/C stage funding indicates ControlTec is poised for accelerated growth and market penetration. This capital infusion is expected to fuel further development of their automated systems and expand their reach within the craft beverage sector and other industrial applications. Strategic investments in technology and distribution are anticipated as the company solidifies its market leadership.

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Frequently Asked Questions Regarding ControlTec Financial Insights

What are the most recent funding rounds that ControlTec has completed, and what were the funding rounds?
ControlTec has recently completed 1 funding rounds: Debt on Jan 28, 2021.
What is the total amount of funding ControlTec has raised to date?
ControlTec has raised a total of $20K in funding to date.
How many funding rounds has ControlTec completed?
ControlTec has completed 1 funding rounds.
How much funding did ControlTec raise in its most recent funding round?
ControlTec raised $20K in its most recent funding round.
Who are the lead investors in ControlTec's latest funding round?
The lead investor in ControlTec'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 ControlTec's history?
The largest funding round in ControlTec's history was $20K.
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