How Much Did High Tech Chrome Plating Raise?
Funding & Key Investors

High Tech Chrome Plating has secured $341K in total capital, with its most recent financing round bringing in $191K. This significant strategic investment underscores the company's established position in the industrial hard chrome plating sector and its trajectory towards further scaling and operational enhancement.

What is High Tech Chrome Plating?

High Tech Chrome Plating
ManufacturingIndustrial Machinery & Equipment

High Tech Chrome Plating, established in 1988, is a key player in the industrial hard chrome plating market. The company distinguishes itself through a steadfast commitment to quality, service, and delivery. Utilizing exclusive crystal hard chrome for a superior finish and maintaining in-house anode fabrication and OD grinding capabilities, High Tech Chrome Plating ensures comprehensive control over the plating process for both new and repaired components. Their vertical plating process in large tanks (up to 28" diameter and 30' long) combined with guaranteed turnaround times positions them as a reliable partner for industrial clients requiring durable and high-quality chrome plating solutions.

How much funding has High Tech Chrome Plating raised?

High Tech Chrome Plating has raised a total of $341K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$191K

Debt (2020): $150K with participation from PPP

Debt (2021): $191K led by PPP

What's next for High Tech Chrome Plating?

The substantial late-stage funding indicates High Tech Chrome Plating is poised for significant expansion and operational advancements. This capital infusion is likely to be directed towards enhancing production capacity, adopting new plating technologies, and potentially expanding service offerings to a broader industrial clientele. The strategic investment suggests confidence from backers in the company's proven business model and its capacity to capture greater market share in the specialized industrial coatings sector. Future growth may involve strategic partnerships or acquisitions to further solidify its market leadership.

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Frequently Asked Questions Regarding High Tech Chrome Plating Financial Insights

What are the most recent funding rounds that High Tech Chrome Plating has completed, and what were the funding rounds?
High Tech Chrome Plating has recently completed 2 funding rounds: Debt on Feb 12, 2021, Debt on Apr 7, 2020.
What is the total amount of funding High Tech Chrome Plating has raised to date?
High Tech Chrome Plating has raised a total of $341K in funding to date.
How many funding rounds has High Tech Chrome Plating completed?
High Tech Chrome Plating has completed 2 funding rounds.
How much funding did High Tech Chrome Plating raise in its most recent funding round?
High Tech Chrome Plating raised $191K in its most recent funding round.
Who are the lead investors in High Tech Chrome Plating's latest funding round?
The lead investor in High Tech Chrome Plating'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 High Tech Chrome Plating's history?
The largest funding round in High Tech Chrome Plating's history was $191K.
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