How Much Did Dry Ice Raise?
Funding & Key Investors

Dry Ice Corporation, a long-standing leader in the industrial cooling and logistics sector, has successfully secured a significant capital injection. This major strategic investment, totaling $350K, underscores the firm's enduring relevance in the cold chain supply market. With a cumulative financial backing of $350K, the company continues to solidify its operational footprint, leveraging decades of expertise to navigate the complexities of modern distribution and specialized packaging requirements.

What is Dry Ice?

Dry Ice
ManufacturingFood & BeveragePlastic, Packaging & Containers

Founded in 1965 and headquartered in Old Tappan, New Jersey, Dry Ice Corporation serves as a critical infrastructure provider for temperature-sensitive logistics. The company specializes in the manufacturing of dry ice products alongside bespoke packaging and distribution solutions. By maintaining a robust supply chain, the firm supports diverse sectors ranging from pharmaceutical cold storage to food and beverage preservation. Its market position is defined by a legacy of reliability and a deep understanding of the logistical challenges inherent in maintaining sub-zero environments during transit. As a mature entity in the industrial sector, Dry Ice Corporation utilizes its extensive experience to provide high-performance cooling solutions that meet stringent regulatory and safety standards.

How much funding has Dry Ice raised?

Dry Ice has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Dry Ice

PPP

Public-Private Partnership

What's next for Dry Ice?

The recent infusion of capital is expected to catalyze the next phase of the company's evolution, particularly as it seeks to modernize its distribution network and enhance its custom packaging capabilities. Given the current late-stage funding context, the organization is well-positioned to pursue strategic acquisitions or technological upgrades that will further differentiate its service offerings in a competitive landscape. Future growth will likely focus on scaling operations to meet the rising demand for reliable cold chain logistics, ensuring that the company remains at the forefront of industrial cooling innovation while maintaining the operational excellence that has defined its tenure since 1965.

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Frequently Asked Questions Regarding Dry Ice Financial Insights

What are the most recent funding rounds that Dry Ice has completed, and what were the funding rounds?
Dry Ice has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Dry Ice has raised to date?
Dry Ice has raised a total of $350K in funding to date.
How many funding rounds has Dry Ice completed?
Dry Ice has completed 1 funding rounds.
How much funding did Dry Ice raise in its most recent funding round?
Dry Ice raised $350K in its most recent funding round.
Who are the lead investors in Dry Ice's latest funding round?
The lead investor in Dry Ice'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 Dry Ice's history?
The largest funding round in Dry Ice's history was $350K.
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