How Much Did Kroil Raise?
Funding & Key Investors

Kroil, a cornerstone brand under the Kano Laboratories umbrella, has successfully secured a significant capital injection to bolster its market presence. This major strategic investment, totaling $150K, underscores the company's enduring relevance in the industrial maintenance sector. With a cumulative financial backing of $150K, the organization is well-positioned to leverage its historical reputation for high-performance chemical solutions to capture additional market share in the automotive, aviation, and food processing industries.

What is Kroil?

Kroil
ManufacturingChemicals & Related Products

Kano Laboratories, the parent entity behind the Kroil brand, has established a formidable reputation since 1939 as a premier provider of high-performance penetrating oils and industrial lubricants. The company specializes in solving complex maintenance challenges, offering a robust portfolio that includes degreasers and fuel treatments engineered for extreme reliability. By maintaining rigorous standards for food-safe applications and industrial-grade performance, Kroil serves as a critical partner for professionals requiring precision maintenance tools. Their market position is defined by a legacy of technical excellence, bridging the gap between traditional mechanical maintenance and modern industrial requirements.

How much funding has Kroil raised?

Kroil has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Kroil

PPP

Public-Private Partnership

What's next for Kroil?

With the infusion of this latest capital, Kroil is poised to accelerate its operational scaling and distribution capabilities. The strategic focus will likely shift toward optimizing supply chain efficiencies and expanding the reach of its specialized product lines into emerging industrial sectors. By capitalizing on its established brand equity, the company is expected to invest in research and development to refine its chemical formulations, ensuring they meet the evolving regulatory and performance demands of global aviation and food processing markets. This phase of growth represents a transition from a legacy-focused manufacturer to a modernized industrial powerhouse capable of sustaining long-term competitive advantages in the global maintenance, repair, and operations (MRO) landscape.

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Frequently Asked Questions Regarding Kroil Financial Insights

What are the most recent funding rounds that Kroil has completed, and what were the funding rounds?
Kroil has recently completed 1 funding rounds: Debt on Apr 16, 2020.
What is the total amount of funding Kroil has raised to date?
Kroil has raised a total of $150K in funding to date.
How many funding rounds has Kroil completed?
Kroil has completed 1 funding rounds.
How much funding did Kroil raise in its most recent funding round?
Kroil raised $150K in its most recent funding round.
Who are the lead investors in Kroil's latest funding round?
The lead investor in Kroil'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 Kroil's history?
The largest funding round in Kroil's history was $150K.
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