How Much Did Cryomech Raise?
Funding & Key Investors

Cryomech, a prominent entity in the cryocooler market, has secured $1M in total capital, with its most recent financing round bringing in $1M through a major strategic investment. This recent influx of capital underscores the company's significant traction and its pivotal role in advancing technologies that require cryogenic solutions.

What is Cryomech?

Cryomech
ManufacturingIndustrial Machinery & Equipment

Cryomech stands as a leading brand dedicated to the design and manufacturing of advanced cryocoolers. Their comprehensive product portfolio includes Pulse Tube and Gifford-McMahon cryocoolers, alongside cryostats and sophisticated liquid helium management systems. These offerings are meticulously engineered to serve demanding applications across quantum technology, low temperature physics research, medical and life sciences, and the burgeoning clean energy sector. The company's commitment to high-quality solutions and superior customer service has cemented its reputation for innovation in supporting critical scientific and industrial endeavors.

How much funding has Cryomech raised?

Cryomech has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

What's next for Cryomech?

The substantial enterprise-level funding and the recent strategic investment signal a robust growth phase for Cryomech. This financial backing is anticipated to fuel further research and development, potentially expanding their product lines and enhancing manufacturing capabilities. The company is well-positioned to capitalize on the increasing demand for cryogenic technology in cutting-edge fields, suggesting a trajectory focused on scaling operations and solidifying its market leadership. Future expansion may involve deeper penetration into existing markets and exploration of new application areas where precise temperature control is paramount.

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Frequently Asked Questions Regarding Cryomech Financial Insights

What are the most recent funding rounds that Cryomech has completed, and what were the funding rounds?
Cryomech has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Cryomech has raised to date?
Cryomech has raised a total of $1M in funding to date.
How many funding rounds has Cryomech completed?
Cryomech has completed 1 funding rounds.
How much funding did Cryomech raise in its most recent funding round?
Cryomech raised $1M in its most recent funding round.
Who are the lead investors in Cryomech's latest funding round?
The lead investor in Cryomech'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 Cryomech's history?
The largest funding round in Cryomech's history was $1M.
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