How Much Did SET Laboratories Raise?
Funding & Key Investors

SET Laboratories has successfully secured a significant capital injection, bringing its total funding to $75K. This latest financing round, which accounts for $75K, underscores the firm's pivotal role in the energy and materials science sectors. By leveraging this substantial expansion capital, the company is well-positioned to scale its specialized testing infrastructure and meet the increasing demand for rigorous corrosion assessment services in high-pressure, high-temperature environments.

What is SET Laboratories?

SET Laboratories
Business ServicesResearch & Development

Operating as an independent research and testing powerhouse for two decades, SET Laboratories provides critical technical validation for the global energy industry. The company specializes in complex materials evaluation, including sweet and sour corrosion testing, crude oil corrosivity analysis, and microbial-induced corrosion studies. By serving major oil companies, oilfield service providers, and chemical producers, SET Laboratories acts as a vital gatekeeper for industrial safety and operational efficiency. Their expertise in autoclave testing and customized research and development allows clients to mitigate risks associated with harsh operational conditions, ensuring the longevity and reliability of critical infrastructure assets.

How much funding has SET Laboratories raised?

SET Laboratories has raised a total of $75K across 1 funding round:

2021

Debt

$75K

Debt (2021): $75K with participation from PPP

Key Investors in SET Laboratories

PPP

Public-Private Partnership

What's next for SET Laboratories?

With this recent infusion of capital, SET Laboratories is poised to accelerate its strategic growth initiatives. The company is expected to focus on expanding its laboratory capacity and enhancing its proprietary testing methodologies to address emerging challenges in the energy sector. As the industry shifts toward more complex extraction environments, the demand for high-fidelity corrosion data will likely intensify. SET Laboratories is strategically positioned to capitalize on this trend by deepening its technical capabilities and broadening its service portfolio, thereby solidifying its market leadership in materials science and industrial research.

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Frequently Asked Questions Regarding SET Laboratories Financial Insights

What are the most recent funding rounds that SET Laboratories has completed, and what were the funding rounds?
SET Laboratories has recently completed 1 funding rounds: Debt on Feb 17, 2021.
What is the total amount of funding SET Laboratories has raised to date?
SET Laboratories has raised a total of $75K in funding to date.
How many funding rounds has SET Laboratories completed?
SET Laboratories has completed 1 funding rounds.
How much funding did SET Laboratories raise in its most recent funding round?
SET Laboratories raised $75K in its most recent funding round.
Who are the lead investors in SET Laboratories's latest funding round?
The lead investor in SET Laboratories'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 SET Laboratories's history?
The largest funding round in SET Laboratories's history was $75K.
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