How Much Did Correct Cryogenics Raise?
Funding & Key Investors

Correct Cryogenics has secured significant capital, with total funding reaching $293K and a recent strategic investment of $143K. This substantial backing underscores the company's established presence and growth trajectory in the industrial gas sector.

What is Correct Cryogenics?

Correct Cryogenics
ConstructionConstruction ManagementArchitecture, Engineering & Design

Correct Cryogenics, a family-owned enterprise operating since 2001, is a specialized provider of cryogenic, industrial, and specialty gas solutions. The company offers a comprehensive suite of services, including the installation, maintenance, and repair of gas plants, as well as piping installations and cryogenic transport. Their Fontana, California-based facility is equipped to handle diverse client needs across sectors such as medical, HVAC, and general industry, leveraging over 150 years of collective expertise to deliver high-quality results.

How much funding has Correct Cryogenics raised?

Correct Cryogenics has raised a total of $293K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$143K

Debt (2020): $150K with participation from PPP

Debt (2021): $143K led by PPP

Key Investors in Correct Cryogenics

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Correct Cryogenics?

The recent major strategic investment signals a pivotal moment for Correct Cryogenics, likely enabling expansion of operational capacity, technological advancements, or market penetration. As a company with a long-standing history and a broad service offering, this capital infusion is expected to accelerate its growth and solidify its competitive position within the industrial gas market. Future developments may include strategic partnerships or further diversification of its service portfolio to meet evolving industry demands.

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Frequently Asked Questions Regarding Correct Cryogenics Financial Insights

What are the most recent funding rounds that Correct Cryogenics has completed, and what were the funding rounds?
Correct Cryogenics has recently completed 2 funding rounds: Debt on Feb 1, 2021, Debt on May 3, 2020.
What is the total amount of funding Correct Cryogenics has raised to date?
Correct Cryogenics has raised a total of $293K in funding to date.
How many funding rounds has Correct Cryogenics completed?
Correct Cryogenics has completed 2 funding rounds.
How much funding did Correct Cryogenics raise in its most recent funding round?
Correct Cryogenics raised $143K in its most recent funding round.
Who are the lead investors in Correct Cryogenics's latest funding round?
The lead investor in Correct Cryogenics'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 Correct Cryogenics's history?
The largest funding round in Correct Cryogenics's history was $150K.
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