How Much Did Kolene Raise?
Funding & Key Investors

Kolene, a long-standing family business with 82 years of operation, has secured $350K in total capital, including a recent strategic investment of $350K. This significant backing underscores the company's established position in the North American thermal chemical market.

What is Kolene?

Kolene
ManufacturingChemicals & Related ProductsIndustrial Machinery & Equipment

Kolene Corporation, headquartered in Detroit, Michigan, operates as a comprehensive provider of thermal chemical solutions. The company distinguishes itself as a one-stop shop, offering a full spectrum of products and services including equipment, chemicals, maintenance, spare parts, and laboratory support. Its robust supply chain is designed to ensure consistent and reliable production, catering to a diverse industrial clientele.

How much funding has Kolene raised?

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

2020

Debt

$350K

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

Key Investors in Kolene

PPP

Public-Private Partnership

What's next for Kolene?

The substantial capital infusion, particularly the recent strategic investment, positions Kolene for continued growth and market leadership. As a company with a deep history and a comprehensive service model, this financing is likely to fuel expansion of its operational capabilities, enhancement of its supply chain efficiencies, and potentially the development of new thermal chemical technologies or services. The focus on a 'one-stop shop' model suggests a strategy aimed at deepening customer relationships and capturing greater market share through integrated solutions.

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Frequently Asked Questions Regarding Kolene Financial Insights

What are the most recent funding rounds that Kolene has completed, and what were the funding rounds?
Kolene has recently completed 1 funding rounds: Debt on Apr 29, 2020.
What is the total amount of funding Kolene has raised to date?
Kolene has raised a total of $350K in funding to date.
How many funding rounds has Kolene completed?
Kolene has completed 1 funding rounds.
How much funding did Kolene raise in its most recent funding round?
Kolene raised $350K in its most recent funding round.
Who are the lead investors in Kolene's latest funding round?
The lead investor in Kolene'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 Kolene's history?
The largest funding round in Kolene's history was $350K.
See more information about Kolene