What is Pacific Star?
Pacific Star Corporation operates as a critical intermediary in the scientific supply chain, specializing in the distribution of laboratory equipment and supplies. The company has distinguished itself through its selection as a vendor under the NASPO ValuePoint contract for the 2024-2032 period. This designation allows the firm to provide streamlined, cost-effective procurement solutions to state agencies and public organizations. By utilizing the cooperative purchasing model, Pacific Star effectively bridges the gap between high-grade scientific requirements and the budgetary constraints of government procurement officials, establishing a defensible market position in a highly regulated sector.
How much funding has Pacific Star raised?
Pacific Star has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Pacific Star
PPP
Public-Private Partnership
What's next for Pacific Star?
With the recent capital injection, Pacific Star is expected to scale its operational capacity to meet the rigorous demands of its eight-year NASPO contract. The strategic focus will likely shift toward optimizing supply chain logistics and expanding its inventory to accommodate the diverse needs of public research institutions. As the company matures, the emphasis will remain on maintaining competitive pricing structures while enhancing service delivery protocols. This late-stage financing provides the necessary liquidity to navigate potential market volatility and ensures that Pacific Star remains a reliable partner for public entities seeking to modernize their laboratory capabilities through 2032.
See full Pacific Star company page
