What is Cryo Associates?
Established in the late 1960s, Cryo Associates has evolved into a cornerstone of the cryogenic equipment industry. The firm specializes in the design, construction, and operation of sophisticated biological material freezing and storage repositories. Beyond its core biotechnology focus, the company maintains a robust presence in the aerospace, semiconductor, and pharmaceutical sectors. Its reputation is built upon long-standing partnerships with prestigious entities such as NASA, the National Institutes of Health, and the Department of Defense, positioning it as a critical service provider for complex industrial cryogenic applications.
How much funding has Cryo Associates raised?
Cryo Associates has raised a total of $119K across 1 funding round:
Debt
$119K
Debt (2021): $119K with participation from PPP
Key Investors in Cryo Associates
PPP
Public-Private Partnership
What's next for Cryo Associates?
With this late-stage capital injection, Cryo Associates is poised to scale its system integration capabilities and expand its footprint in emerging scientific research markets. The strategic roadmap likely involves upgrading its repository infrastructure and enhancing its single-point service model to meet the increasing demands of the global manufacturing and medical industries. As the company navigates this growth phase, the focus remains on maintaining its technical edge in cryogenic engineering while optimizing supply chain efficiencies to support its extensive client base.
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