How Much Did Duoline Technologies Raise?
Funding & Key Investors

Duoline Technologies has secured $350K in total capital, with its most recent financing round bringing in $350K. This significant strategic investment underscores the company's established position in the market and its ongoing growth trajectory. The latest funding event, dated April 10, 2020, was a debt financing round.

What is Duoline Technologies?

Duoline Technologies
ManufacturingPlastic, Packaging & ContainersBuilding Materials

Duoline Technologies, formerly known as Maxtube, specializes in advanced corrosion protection solutions for oilfield tubulars, with its flagship DUOLINE products in use since 1964. The company offers a comprehensive suite of glass-reinforced epoxy (GRE) lined tubing systems engineered for harsh operational environments, including offshore platforms and injection wells. Serving a global clientele within the oil and gas sector, Duoline Technologies counts major operators such as BP, Chevron, and Saudi Aramco among its customers. Their service portfolio also extends to portable lining units and field services, ensuring optimal installation and maintenance of their protective systems.

How much funding has Duoline Technologies raised?

Duoline Technologies has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

What's next for Duoline Technologies?

The substantial late-stage funding context suggests Duoline Technologies is poised for significant scaling and market expansion. This capital infusion is likely to fuel further research and development into next-generation corrosion protection technologies, enhance manufacturing capabilities, and broaden its global reach. The company's strategic focus on serving critical segments of the oil and gas industry, coupled with its long-standing reputation for product reliability, positions it favorably for continued growth and market leadership in specialized tubular solutions.

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Frequently Asked Questions Regarding Duoline Technologies Financial Insights

What are the most recent funding rounds that Duoline Technologies has completed, and what were the funding rounds?
Duoline Technologies has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding Duoline Technologies has raised to date?
Duoline Technologies has raised a total of $350K in funding to date.
How many funding rounds has Duoline Technologies completed?
Duoline Technologies has completed 1 funding rounds.
How much funding did Duoline Technologies raise in its most recent funding round?
Duoline Technologies raised $350K in its most recent funding round.
Who are the lead investors in Duoline Technologies's latest funding round?
The lead investor in Duoline Technologies'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 Duoline Technologies's history?
The largest funding round in Duoline Technologies's history was $350K.
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