How Much Did Ryco Equipment Raise?
Funding & Key Investors

Ryco Equipment, a manufacturer specializing in equipment for the seafood and land food production industries, has secured $824K in total funding. The company recently received $474K in a major strategic investment, underscoring its continued significance in the food processing sector. This latest capital infusion follows a history of debt financing, indicating a focus on operational expansion and asset acquisition.

What is Ryco Equipment?

Ryco Equipment
ManufacturingIndustrial Machinery & Equipment

RYCO Equipment, established in 1981 and located near Seattle, is a prominent player in the manufacturing of specialized equipment for both seafood and land-based food production. Now integrated into Carsoe, RYCO's product portfolio is extensive, encompassing processing machinery for fish, crab, meat, and poultry, alongside advanced packaging solutions. The company's commitment to innovation and durability has positioned its equipment for global utilization across diverse food processing segments. Its legacy of providing robust solutions solidifies its role as a key industry contributor.

How much funding has Ryco Equipment raised?

Ryco Equipment has raised a total of $824K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$474K

Debt (2020): $350K with participation from PPP

Debt (2021): $474K led by PPP

What's next for Ryco Equipment?

The recent major strategic investment in Ryco Equipment signals a pivotal moment for the company, likely aimed at enhancing its manufacturing capabilities, expanding its product lines, or entering new markets. Given its history of debt financing, this strategic capital may facilitate significant upgrades or acquisitions that bolster its competitive edge in the global food processing equipment market. As part of Carsoe, Ryco is poised to leverage this backing for further growth and technological advancement, reinforcing its position as a leading provider of specialized food production machinery.

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Frequently Asked Questions Regarding Ryco Equipment Financial Insights

What are the most recent funding rounds that Ryco Equipment has completed, and what were the funding rounds?
Ryco Equipment has recently completed 2 funding rounds: Debt on Feb 22, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Ryco Equipment has raised to date?
Ryco Equipment has raised a total of $824K in funding to date.
How many funding rounds has Ryco Equipment completed?
Ryco Equipment has completed 2 funding rounds.
How much funding did Ryco Equipment raise in its most recent funding round?
Ryco Equipment raised $474K in its most recent funding round.
Who are the lead investors in Ryco Equipment's latest funding round?
The lead investor in Ryco Equipment'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 Ryco Equipment's history?
The largest funding round in Ryco Equipment's history was $474K.
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