What is Evapo-Rust?
Founded in 1997 as Harris International Labs Inc., Evapo-Rust is a specialty industrial chemical company based in Springdale, AR. The company is recognized for its innovative approach to product development, particularly its patented rust remover, Evapo-Rust™. This revolutionary product, which debuted in 2001, was lauded as the Top New Technology in Industrial Cleaning, highlighting Evapo-Rust's commitment to research and development in creating effective and advanced chemical solutions.
How much funding has Evapo-Rust raised?
Evapo-Rust has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Evapo-Rust?
The recent major strategic investment signals a new phase of growth and expansion for Evapo-Rust. As a company that has already established a strong foothold with its flagship product, this capital infusion is likely to fuel further research and development, enhance production capabilities, and broaden market reach. The late-stage funding context suggests Evapo-Rust is poised for significant scaling, potentially exploring new product lines or expanding into international markets to solidify its position as a leader in industrial cleaning technologies.
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