How Much Did Refrigeration Engineering Raise?
Funding & Key Investors

Refrigeration Engineering, Inc. has secured significant capital, with its total funding reaching $345K. The company recently announced a major strategic investment of $195K, underscoring its position in the competitive air conditioning and refrigeration market. This latest financing round marks a critical juncture for the company as it looks to further its growth trajectory.

What is Refrigeration Engineering?

Refrigeration Engineering
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Established in 2005, Refrigeration Engineering, Inc. has carved out a niche as a key provider of high-quality and cost-effective solutions within the air conditioning and refrigeration industry. The company's operational philosophy centers on building enduring trust and fostering long-term relationships with its clientele. Their product and service portfolio is meticulously designed to address the specific needs of the refrigeration sector, offering essential tools and tailored solutions that support operational efficiency and client satisfaction.

How much funding has Refrigeration Engineering raised?

Refrigeration Engineering has raised a total of $345K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$195K

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

Debt (2021): $195K led by PPP

Key Investors in Refrigeration Engineering

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Refrigeration Engineering?

The recent strategic investment, coupled with the substantial total funding of $345K, positions Refrigeration Engineering for an accelerated phase of development and market expansion. As a company operating in a large-scale, late-stage funding environment, the focus is likely on scaling operations, enhancing product innovation, and potentially exploring new market segments or strategic partnerships. This infusion of capital is expected to fuel initiatives aimed at solidifying its market leadership and driving further operational advancements within the refrigeration and air conditioning domain.

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Frequently Asked Questions Regarding Refrigeration Engineering Financial Insights

What are the most recent funding rounds that Refrigeration Engineering has completed, and what were the funding rounds?
Refrigeration Engineering has recently completed 2 funding rounds: Debt on Mar 26, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Refrigeration Engineering has raised to date?
Refrigeration Engineering has raised a total of $345K in funding to date.
How many funding rounds has Refrigeration Engineering completed?
Refrigeration Engineering has completed 2 funding rounds.
How much funding did Refrigeration Engineering raise in its most recent funding round?
Refrigeration Engineering raised $195K in its most recent funding round.
Who are the lead investors in Refrigeration Engineering's latest funding round?
The lead investor in Refrigeration Engineering'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 Refrigeration Engineering's history?
The largest funding round in Refrigeration Engineering's history was $195K.
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