What is Desco?
Desco has been a prominent manufacturer of Centrifugal Dryers since the 1970s, known for producing durable and reliable equipment for the finishing industry. The company offers a diverse range of 24 models across 9 basket sizes, notably featuring a unique Side Drain System option. Desco also specializes in custom dryer designs to meet specific client requirements and manufactures dryer baskets in various materials. Proudly made in the USA and located in Elk Grove Village, IL, Desco's commitment to quality and innovation has solidified its market position.
How much funding has Desco raised?
Desco has raised a total of $82K across 1 funding round:
Debt
$82K
Debt (2021): $82K with participation from PPP
Key Investors in Desco
PPP
Public-Private Partnership
What's next for Desco?
With significant Series B/C stage funding, Desco is poised for accelerated growth and market expansion. The substantial expansion capital is expected to fuel advancements in manufacturing capabilities, product development, and potentially broader market penetration. This strategic investment will likely enable Desco to enhance its offerings, further solidify its reputation for dependable equipment, and capitalize on emerging opportunities within the finishing industry.
See full Desco company page
