How Much Did DetectaChem Raise?
Funding & Key Investors

DetectaChem has secured $672K in total capital, with its most recent financing round bringing in $322K in a major strategic investment. This enterprise-level funding underscores the company's established position in the market for advanced detection technologies.

What is DetectaChem?

DetectaChem
ManufacturingTest & Measurement Equipment

DetectaChem, established in 2005, is a prominent manufacturer specializing in drug test kits and explosive detection devices. The company provides critical tools for first responders and law enforcement agencies, enhancing safety and efficiency in critical situations. Their product portfolio includes advanced solutions like MobileDetect, Apex R7, and SEEKER Pro, all engineered for rapid and precise field detection of illicit substances and explosives. DetectaChem is dedicated to evolving alongside emerging drug threats and offers an integrated app that combines multiple detection technologies. Proudly manufactured in the USA, the company serves a global clientele.

How much funding has DetectaChem raised?

DetectaChem has raised a total of $672K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$322K

Debt (2020): $350K with participation from PPP

Debt (2021): $322K led by PPP

What's next for DetectaChem?

The recent major strategic investment indicates a phase of significant growth and potential expansion for DetectaChem. This capital infusion is likely to fuel further research and development into next-generation detection technologies, enhance manufacturing capabilities, and broaden their global market reach. The company's focus on adapting to evolving threats and its commitment to domestic production position it for continued leadership in the security and defense sectors.

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Frequently Asked Questions Regarding DetectaChem Financial Insights

What are the most recent funding rounds that DetectaChem has completed, and what were the funding rounds?
DetectaChem has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 30, 2020.
What is the total amount of funding DetectaChem has raised to date?
DetectaChem has raised a total of $672K in funding to date.
How many funding rounds has DetectaChem completed?
DetectaChem has completed 2 funding rounds.
How much funding did DetectaChem raise in its most recent funding round?
DetectaChem raised $322K in its most recent funding round.
Who are the lead investors in DetectaChem's latest funding round?
The lead investor in DetectaChem'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 DetectaChem's history?
The largest funding round in DetectaChem's history was $350K.
See more information about DetectaChem