How Much Did Lotel Raise?
Funding & Key Investors

Lotel has secured $13K in total investment, with a recent capital infusion of $13K designated for moderate growth. This financing round, indicative of a Series A/B growth stage, positions the company to further its expansion in the specialized construction materials sector.

What is Lotel?

Lotel
ManufacturingBuilding MaterialsPlastic, Packaging & Containers

Lotel is a company focused on globally patented products, including Mesh-ups and Rebar-ups, alongside comprehensive custom molding, injection molding, product assembly, and packaging solutions. The firm caters to businesses requiring innovative construction materials and services, emphasizing quality and customization to meet the diverse demands of the construction industry.

How much funding has Lotel raised?

Lotel has raised a total of $13K across 1 funding round:

2021

Debt

$13K

Debt (2021): $13K with participation from PPP

What's next for Lotel?

With the recent injection of moderate growth capital, Lotel is poised for strategic expansion. This funding is expected to fuel advancements in their patented product lines and enhance their service offerings in custom molding and assembly. The company's trajectory suggests a focus on scaling operations and solidifying its market position within the construction materials and services sector.

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Frequently Asked Questions Regarding Lotel Financial Insights

What are the most recent funding rounds that Lotel has completed, and what were the funding rounds?
Lotel has recently completed 1 funding rounds: Debt on Feb 17, 2021.
What is the total amount of funding Lotel has raised to date?
Lotel has raised a total of $13K in funding to date.
How many funding rounds has Lotel completed?
Lotel has completed 1 funding rounds.
How much funding did Lotel raise in its most recent funding round?
Lotel raised $13K in its most recent funding round.
Who are the lead investors in Lotel's latest funding round?
The lead investor in Lotel'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 Lotel's history?
The largest funding round in Lotel's history was $13K.
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