What is Kroil?
Kano Laboratories LLC, operating under the Kroil brand, has been a provider of specialized chemical solutions since 1939. Their flagship product, Kroil Original Penetrant, is renowned for its efficacy in loosening rusted metal parts. The company's portfolio extends to degreasers, fuel treatments, and industrial lubricants, catering to diverse sectors including automotive, aviation, and food processing. Kroil's commitment to delivering reliable and effective maintenance solutions positions it as a key player for professionals and industries requiring dependable performance.
How much funding has Kroil raised?
Kroil has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Kroil
PPP
Public-Private Partnership
What's next for Kroil?
The substantial total funding of $150K and the recent strategic investment indicate Kroil's maturity and its capacity for continued expansion and product development. This capital infusion is likely to fuel advancements in their product line, potentially exploring new formulations or expanding into adjacent markets. The company's focus on industrial maintenance and lubrication suggests a strategic direction aimed at solidifying its market leadership and enhancing its offerings for professional and industrial clients, possibly through enhanced distribution or technological innovation.
See full Kroil company page
