What is Scientific Design?
Founded in 1946 and headquartered in Little Ferry, N.J., Scientific Design operates as a licencor of Process Technologies. The company, jointly owned by SABIC (Saudi Basic Industries Corporation), is dedicated to developing and disseminating technologies that focus on minimizing waste and reducing greenhouse gas emissions. Its core business revolves around providing intellectual property and engineering expertise for chemical process plants, particularly in the petrochemical sector.
How much funding has Scientific Design raised?
Scientific Design has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in Scientific Design
PPP
Public-Private Partnership
What's next for Scientific Design?
The recent major strategic investment signals a pivotal moment for Scientific Design, likely enabling further development and broader deployment of its environmentally conscious process technologies. This capital infusion is expected to fuel expansion initiatives, potentially through enhanced research and development, strategic partnerships, or increased global licensing efforts. The company's focus on sustainability positions it favorably to capitalize on growing industry demand for greener chemical manufacturing solutions.
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